Raymond James Issues Negative Forecast for TSE:DIR Earnings

Dream Industrial REIT (TSE:DIR) – Equities researchers at Raymond James decreased their Q1 2025 earnings per share (EPS) estimates for shares of Dream Industrial REIT in a report released on Monday, January 13th. Raymond James analyst B. Sturges now anticipates that the company will post earnings per share of $0.26 for the quarter, down from their previous 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 Price Performance

Dream Industrial REIT has a fifty-two week low of C$8.08 and a fifty-two week high of C$9.49.

Dream Industrial REIT Announces Dividend

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

About Dream Industrial REIT

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.