What is Cormark’s Estimate for TSE:DRR FY2024 Earnings?

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

A number of other brokerages have also issued reports on DRR. Ventum Cap Mkts raised Dream Residential Real Estate Investment Trust to a “strong-buy” rating in a research note on Thursday, August 8th. Desjardins downgraded 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. Finally, Raymond James lowered Dream Residential Real Estate Investment Trust from a “moderate buy” rating to a “hold” rating in a research note on Sunday, August 11th.

Dream Residential Real Estate Investment Trust Stock Performance

Dream Residential Real Estate Investment Trust Dividend Announcement

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

Dream Residential Real Estate Investment Trust Company Profile

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.