Raymond James Has Negative Forecast for TSE:PMZ Q1 Earnings

Primaris Real Estate Investment Trust (TSE:PMZ) – Investment analysts at Raymond James reduced their Q1 2025 EPS estimates for Primaris Real Estate Investment Trust in a research report issued to clients and investors on Wednesday, October 23rd. Raymond James analyst B. Sturges now anticipates that the company will earn $0.37 per share for the quarter, down from their previous estimate of $0.38. Raymond James also issued estimates for Primaris Real Estate Investment Trust’s Q3 2025 earnings at $0.43 EPS.

Primaris Real Estate Investment Trust (TSE:PMZ) last posted its quarterly earnings results on Wednesday, July 31st. The company reported C$0.40 EPS for the quarter, hitting analysts’ consensus estimates of C$0.40. The business had revenue of C$120.01 million for the quarter.

Several other equities analysts also recently commented on PMZ. Canaccord Genuity Group upgraded shares of Primaris Real Estate Investment Trust to a “strong-buy” rating in a report on Friday, September 27th. Cibc World Mkts upgraded shares of Primaris Real Estate Investment Trust to a “strong-buy” rating in a research report on Friday, August 2nd. TD Securities upgraded Primaris Real Estate Investment Trust to a “strong-buy” rating in a report on Thursday, September 5th. Finally, National Bank Financial upgraded Primaris Real Estate Investment Trust to a “hold” rating in a research note on Wednesday, October 9th. Two investment analysts have rated the stock with a hold rating and three have assigned a strong buy rating to the company. According to MarketBeat, Primaris Real Estate Investment Trust has an average rating of “Buy”.

Primaris Real Estate Investment Trust Price Performance

Primaris Real Estate Investment Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be given a dividend of $0.07 per share. This represents a $0.84 dividend on an annualized basis and a yield of ∞. The ex-dividend date of this dividend is Thursday, October 31st.