Dream Residential Real Estate Investment Trust (DRR) Set to Announce Quarterly Earnings on Wednesday

Dream Residential Real Estate Investment Trust (TSE:DRR) will issue its quarterly earnings data after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of C$0.25 per share for the quarter.

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

Dream Residential Real Estate Investment Trust Stock Performance

Dream Residential Real Estate Investment Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be given a dividend of $0.035 per share. This represents a $0.42 annualized dividend and a dividend yield of ∞. The ex-dividend date is Thursday, October 31st.

Analyst Ratings Changes

DRR has been the topic of a number of research analyst reports. Ventum Cap Mkts raised shares of Dream Residential Real Estate Investment Trust to a “strong-buy” rating in a research report on Thursday, August 8th. Raymond James downgraded shares of Dream Residential Real Estate Investment Trust from a “moderate buy” rating to a “hold” rating in a research report on Sunday, August 11th.

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.