Equities Analysts Offer Predictions for Dream Industrial REIT’s Q3 2024 Earnings (TSE:DIR)

Dream Industrial REIT (TSE:DIR) – Stock analysts at National Bank Financial issued their Q3 2024 earnings per share (EPS) estimates for shares of Dream Industrial REIT in a research note issued on Tuesday, October 8th. National Bank Financial analyst M. Kornack expects that the company will post earnings per share of $0.25 for the quarter.

Dream Industrial REIT (TSE:DIR) last released its quarterly earnings results on Tuesday, August 6th. The company reported C$0.21 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.25 by C($0.04). The business had revenue of C$115.30 million during the quarter.

Separately, Ventum Cap Mkts raised shares of Dream Industrial REIT to a “strong-buy” rating in a research report on Monday, July 29th.

Dream Industrial REIT Price Performance

Dream Industrial REIT has a 1-year low of C$8.08 and a 1-year high of C$9.49.

Dream Industrial REIT Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be given a dividend of $0.058 per share. This represents a $0.70 annualized dividend and a dividend yield of ?. The ex-dividend date is Monday, September 30th.

Dream Industrial REIT Company Profile

Dream Industrial Real Estate Investment Trust is an open-ended investment trust. The Trust’s objective is managing its business to provide growing cash flow and stable and sustainable returns, through adapting its strategy and tactics to changes in the real estate industry and the economy; building and maintaining a diversified, growth-oriented portfolio of light industrial properties in Canadian markets based on an established platform; providing predictable and sustainable cash distributions to unitholders while prudently managing its capital structure over time, and maintaining a REIT that satisfies the REIT exception under the specified investment flow-through (SIFT) legislation in order to provide certainty to unitholders with respect to taxation of distributions.