Raymond James Has Negative Forecast for TSE:PMZ Q1 Earnings

Primaris Real Estate Investment Trust (TSE:PMZ) – Research analysts at Raymond James lowered their Q1 2025 EPS estimates for shares of Primaris Real Estate Investment Trust in a research report issued to clients and investors on Wednesday, October 23rd. Raymond James analyst B. Sturges now expects that the company will earn $0.37 per share for the quarter, down from their previous estimate of $0.38. Raymond James also issued estimates for Primaris Real Estate Investment Trust’s Q3 2025 earnings at $0.43 EPS.

Primaris Real Estate Investment Trust (TSE:PMZ) last released its quarterly earnings data on Wednesday, July 31st. The company reported C$0.40 earnings per share (EPS) for the quarter, meeting the consensus estimate of C$0.40. The company had revenue of C$120.01 million during the quarter.

Several other equities research analysts have also recently issued reports on the stock. Cibc World Mkts raised shares of Primaris Real Estate Investment Trust to a “strong-buy” rating in a research report on Friday, August 2nd. Canaccord Genuity Group raised shares of Primaris Real Estate Investment Trust to a “strong-buy” rating in a research report on Friday, September 27th. TD Securities raised shares of Primaris Real Estate Investment Trust to a “strong-buy” rating in a research report on Thursday, September 5th. Finally, National Bank Financial raised shares of Primaris Real Estate Investment Trust to a “hold” rating in a research report on Wednesday, October 9th. Two investment analysts have rated the stock with a hold rating and three have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

Primaris Real Estate Investment Trust Price Performance

Primaris Real Estate Investment Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be given a $0.07 dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $0.84 annualized dividend and a dividend yield of ∞.