Cormark Research Analysts Lift Earnings Estimates for Dream Office Real Estate Investment Trust (TSE:D)

Dream Office Real Estate Investment Trust (TSE:D – Get Rating) – Equities research analysts at Cormark increased their Q3 2023 earnings per share estimates for shares of Dream Office Real Estate Investment Trust in a report released on Thursday, May 18th. Cormark analyst S. Srinivas now anticipates that the company will earn $0.40 per share for the quarter, up from their prior estimate of $0.36. Cormark also issued estimates for Dream Office Real Estate Investment Trust’s Q4 2023 earnings at $0.41 EPS, FY2023 earnings at $1.49 EPS, Q1 2024 earnings at $0.42 EPS, Q2 2024 earnings at $0.42 EPS, Q3 2024 earnings at $0.43 EPS, Q4 2024 earnings at $0.43 EPS and FY2024 earnings at $1.70 EPS.

Dream Office Real Estate Investment Trust (TSE:D – Get Rating) last issued its quarterly earnings data on Thursday, February 16th. The company reported C($1.57) EPS for the quarter, missing the consensus estimate of C$0.36 by C($1.93). The firm had revenue of C$49.61 million during the quarter.

D has been the subject of a number of other reports. National Bank Financial downgraded Dream Office Real Estate Investment Trust from an “outperfrom under weight” rating to a “sector perform under weight” rating in a research report on Wednesday, May 17th. Desjardins reaffirmed a “hold” rating on shares of Dream Office Real Estate Investment Trust in a research report on Tuesday, May 16th.

Dream Office Real Estate Investment Trust Stock Performance

Dream Office Real Estate Investment Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, June 15th. Stockholders of record on Wednesday, May 31st will be given a $0.083 dividend. This represents a $1.00 annualized dividend and a dividend yield of ∞. The ex-dividend date of this dividend is Tuesday, May 30th.