Raymond James Issues Negative Forecast for TSE:DIR Earnings

Dream Industrial REIT (TSE:DIR) – Raymond James reduced their Q1 2025 earnings per share (EPS) estimates for shares of Dream Industrial REIT in a research note issued on Monday, January 13th. Raymond James analyst B. Sturges now anticipates that the company will earn $0.26 per share for the quarter, down from their prior estimate of $0.27. Raymond James also issued estimates for Dream Industrial REIT’s FY2025 earnings at $1.08 EPS, Q4 2026 earnings at $0.29 EPS and FY2026 earnings at $1.15 EPS.

Dream Industrial REIT Stock Performance

Dream Industrial REIT has a 12-month low of C$8.08 and a 12-month high of C$9.49.

Dream Industrial REIT Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were given a $0.058 dividend. The ex-dividend date of this dividend was Thursday, October 31st. This represents a $0.70 annualized dividend and a yield of ∞.

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.