Q3 Earnings Forecast for TSE:DRR Issued By Ventum Cap Mkts

Dream Residential Real Estate Investment Trust (TSE:DRR) – Equities research analysts at Ventum Cap Mkts issued their Q3 2024 earnings per share (EPS) estimates for shares of Dream Residential Real Estate Investment Trust in a report issued on Monday, November 4th. Ventum Cap Mkts analyst D. Chrystal forecasts that the company will post earnings per share of $0.18 for the quarter. Ventum Cap Mkts currently has a “Strong-Buy” rating on the stock.

Dream Residential Real Estate Investment Trust (TSE:DRR) last announced its quarterly earnings data on Wednesday, August 7th. The company reported C$0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.24 by C($0.01). The business had revenue of C$16.55 million during the quarter.

Separately, Raymond James cut 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 will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be paid a dividend of $0.035 per share. This represents a $0.42 dividend on an annualized basis and a yield of ∞. The ex-dividend date 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.