Cormark Issues Pessimistic Forecast for TSE:DRR Earnings

Dream Residential Real Estate Investment Trust (TSE:DRRFree Report) – Cormark lowered their FY2024 EPS estimates for shares of Dream Residential Real Estate Investment Trust in a report issued on Thursday, November 14th. Cormark analyst S. Srinivas now anticipates that the company will post earnings per share of $0.97 for the year, down from their previous forecast of $0.99. Cormark also issued estimates for Dream Residential Real Estate Investment Trust’s FY2025 earnings at $1.06 EPS.

DRR has been the subject of several other reports. Desjardins cut shares of Dream Residential Real Estate Investment Trust from a “moderate buy” rating to a “hold” rating in a research note on Friday, November 8th. Raymond James downgraded Dream Residential Real Estate Investment Trust from a “moderate buy” rating to a “hold” rating in a research report on Sunday, August 11th. Finally, Ventum Cap Mkts upgraded Dream Residential Real Estate Investment Trust to a “strong-buy” rating in a research report on Thursday, August 8th.

View Our Latest Stock Report on Dream Residential Real Estate Investment Trust

Dream Residential Real Estate Investment Trust Price Performance

Dream Residential Real Estate Investment Trust Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were paid a dividend of $0.035 per share. This represents a $0.42 dividend on an annualized basis and a yield of ?. The ex-dividend date was Thursday, October 31st.

Dream Residential Real Estate Investment Trust Company Profile

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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.

Further Reading

Earnings History and Estimates for Dream Residential Real Estate Investment Trust (TSE:DRR)

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