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

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

Dream Residential Real Estate Investment Trust (TSE:DRR) last posted its quarterly earnings data on Wednesday, August 7th. The company reported C$0.23 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.

Separately, Raymond James lowered 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 Stock Performance

Dream Residential Real Estate Investment Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be paid a $0.035 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend is Thursday, October 31st.

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.