Raymond James Financial Weighs in on TSE:REI FY2025 Earnings

RioCan Real Estate Investment Trust (TSE:REI) – Research analysts at Raymond James Financial boosted their FY2025 earnings per share (EPS) estimates for shares of RioCan Real Estate Investment Trust in a research report issued on Sunday, November 9th. Raymond James Financial analyst B. Sturges now forecasts that the company will earn $1.87 per share for the year, up from their prior forecast of $1.86. Raymond James Financial also issued estimates for RioCan Real Estate Investment Trust’s Q1 2026 earnings at $0.46 EPS, Q2 2026 earnings at $0.44 EPS, Q3 2026 earnings at $0.42 EPS, FY2026 earnings at $1.74 EPS and FY2027 earnings at $1.80 EPS.

Separately, National Bank Financial raised shares of RioCan Real Estate Investment Trust from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 14th. Two equities research analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

RioCan Real Estate Investment Trust Price Performance

RioCan Real Estate Investment Trust has a 12-month low of C$10.88 and a 12-month high of C$17.17.

About RioCan Real Estate Investment Trust

Ring Energy, Inc, an exploration and production company, engages in the acquisition, exploration, development, and production of oil and natural gas in Texas and New Mexico. As of December 31, 2021, the company’s proved reserves consisted of approximately 77.8 million barrel of oil equivalent. It also had interests in 18,882 net developed acres and 1,406 net undeveloped acres in Andrews and Gaines counties, Texas; 18,437 net developed acres in Culberson and Reeves counties, Texas; and 13,662 net developed acres and 11,993 net undeveloped acres in Yoakum, Runnels, and Coke Counties, Texas and Lea County, New Mexico.