What is Desjardins’ Forecast for TSE:NXR FY2025 Earnings?

Edgefront Real Estate Investment Trust (TSE:NXR) – Desjardins lowered their FY2025 earnings per share estimates for Edgefront Real Estate Investment Trust in a research note issued on Tuesday, November 12th. Desjardins analyst K. Stanley now expects that the company will earn $0.79 per share for the year, down from their previous estimate of $0.82. Desjardins also issued estimates for Edgefront Real Estate Investment Trust’s FY2026 earnings at $0.84 EPS.

Separately, Ventum Cap Mkts upgraded shares of Edgefront Real Estate Investment Trust to a “strong-buy” rating in a report on Monday, July 29th.

Edgefront Real Estate Investment Trust Price Performance

Edgefront Real Estate Investment Trust (TSE:NXR) last issued its quarterly earnings data on Wednesday, August 14th. The company reported C$0.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.18 by C$0.28. The business had revenue of C$43.91 million for the quarter.

Edgefront Real Estate Investment Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be issued a $0.053 dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $0.64 annualized dividend and a dividend yield of ∞.

About Edgefront Real Estate Investment Trust

Nuveen Select Tax-Free Income Portfolio 3 Fund’s primary objective is current income exempt from regular federal income tax, consistent with preservation of capital.

The Fund invests in municipal securities that are exempt from federal income taxes. The Fund invests at least 80% of its managed assets in municipal securities rated investment grade at the time of investment, or, if they are unrated, are judged by the manager to be of comparable quality.