What is Raymond James’ Forecast for TSE:DRR FY2025 Earnings?

Dream Residential Real Estate Investment Trust (TSE:DRR) – Equities researchers at Raymond James dropped their FY2025 earnings estimates for Dream Residential Real Estate Investment Trust in a research note issued on Wednesday, October 23rd. Raymond James analyst B. Sturges now expects that the company will post earnings per share of $0.99 for the year, down from their prior forecast of $1.00. Raymond James currently has a “Hold” rating on the stock.

Separately, Ventum Cap Mkts upgraded Dream Residential Real Estate Investment Trust to a “strong-buy” rating in a research note on Thursday, August 8th.

Dream Residential Real Estate Investment Trust Price Performance

Dream Residential Real Estate Investment Trust (TSE:DRR) last released its quarterly earnings results on Wednesday, August 7th. The company reported C$0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.24 by C($0.01). The business had revenue of C$16.55 million during the quarter.

Dream Residential Real Estate Investment Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be given a $0.035 dividend. This represents a $0.42 dividend on an annualized basis and a yield of ∞. The ex-dividend date is Thursday, October 31st.

About Dream Residential Real Estate Investment Trust

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals in the Americas, Europe, the Middle East, Africa, and Asia. It operates through Institutional Securities, Wealth Management, and Investment Management segments.