Raymond James research analysts raise earnings estimates for Dream Industrial REIT (TSE:DIR)

Dream Industrial REIT (EAST: DIRGet a rating) – Raymond James analysts raised their fourth quarter 2022 EPS estimates for Dream Industrial REIT in a report released Monday, May 9. Raymond James analyst B. Sturges now expects the company to post earnings of $0.24 per share for the quarter, up from its previous estimate of $0.23. Raymond James also released Dream Industrial REIT earnings estimates for the second quarter of 2023 at $0.24 EPS.

Dream Industrial REIT (EAST: DIRGet a rating) last reported results on Tuesday, February 15. The company reported EPS of C$0.77 for the quarter, beating the consensus estimate of C$0.20 by C$0.57. The company had revenue of C$79.29 million in the quarter.

Dream Industrial REIT has a 12-month low of CA$8.08 and a 12-month high of CA$9.49.

The company also recently disclosed a monthly dividend, which will be paid on Friday, May 13. Investors of record on Friday, April 29 will receive a dividend of $0.058 per share. The ex-dividend date is Thursday, April 28. This represents a dividend of $0.70 on an annualized basis and a yield of ∞.

Dream Industrial REIT Company Profile (Get a rating)

Dream Industrial Real Estate Investment Trust is an open-ended investment trust. The Trust’s objective is to manage its business to provide growing cash flow and stable, sustainable returns, adapting its strategy and tactics to changes in the real estate industry and economy; build and maintain a diversified and growth-oriented portfolio of light industrial properties in Canadian markets based on an established platform; to provide 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 SI legislation ( SIFT) to provide certainty to Unitholders with respect to the taxation of distributions .

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Earnings history and estimates for Dream Industrial REIT (TSE:DIR)

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