Cormark Analysts Lower Earnings Estimates for Dream Residential Real Estate Investment Trust (TSE:DRR)

Dream Residential Real Estate Investment Trust (TSE:DRR) – Research analysts at Cormark lowered their FY2025 earnings per share (EPS) estimates for shares of Dream Residential Real Estate Investment Trust in a note issued to investors on Thursday, August 15th. Cormark analyst S. Srinivas now forecasts that the company will post earnings per share of $1.03 for the year, down from their prior forecast of $1.04.

DRR has been the topic of several other research reports. Raymond James cut shares of Dream Residential Real Estate Investment Trust from a “moderate buy” rating to a “hold” rating in a research report on Sunday, August 11th. Ventum Cap Mkts raised Dream Residential Real Estate Investment Trust to a “strong-buy” rating in a report on Thursday, August 8th. Finally, Scotiabank lowered Dream Residential Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 14th.

Dream Residential Real Estate Investment Trust Price Performance

Dream Residential Real Estate Investment Trust Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, August 15th. Shareholders of record on Wednesday, July 31st were issued a $0.035 dividend. The ex-dividend date was Wednesday, July 31st. This represents a $0.42 dividend on an annualized basis and a yield of ?.

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.