What is Cormark’s Forecast for TSE:DRR Q4 Earnings?

Dream Residential Real Estate Investment Trust (TSE:DRR) – Equities research analysts at Cormark dropped their Q4 2024 earnings estimates for shares of Dream Residential Real Estate Investment Trust in a report issued on Thursday, November 14th. Cormark analyst S. Srinivas now forecasts that the company will post earnings of $0.25 per share for the quarter, down from their previous estimate of $0.26. Cormark also issued estimates for Dream Residential Real Estate Investment Trust’s Q1 2025 earnings at $0.25 EPS, Q3 2025 earnings at $0.28 EPS, Q4 2025 earnings at $0.28 EPS, Q1 2026 earnings at $0.28 EPS, Q2 2026 earnings at $0.26 EPS, Q3 2026 earnings at $0.29 EPS and FY2026 earnings at $1.11 EPS.

DRR has been the topic of a number of 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 report on Sunday, August 11th. Desjardins lowered 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, Ventum Cap Mkts upgraded Dream Residential Real Estate Investment Trust to a “strong-buy” rating in a research report on Thursday, August 8th.

Dream Residential Real Estate Investment Trust Stock Performance

Dream Residential Real Estate Investment Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be issued a $0.035 dividend. This represents a $0.42 annualized dividend and a yield of ∞. The ex-dividend date of this dividend is Thursday, October 31st.

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.