Desjardins Brokers Decrease Earnings Estimates for TSE:REI

RioCan Real Estate Investment Trust (TSE:REI) – Research analysts at Desjardins reduced their Q4 2025 earnings per share estimates for RioCan Real Estate Investment Trust in a report released on Friday, August 8th. Desjardins analyst L. Kalmar now anticipates that the company will earn $0.43 per share for the quarter, down from their previous forecast of $0.46. Desjardins also issued estimates for RioCan Real Estate Investment Trust’s FY2026 earnings at $1.76 EPS and FY2027 earnings at $1.71 EPS.

REI has been the topic of several other research reports. Raymond James Financial upgraded RioCan Real Estate Investment Trust to a “moderate buy” rating in a research note on Wednesday, July 9th. National Bank Financial upgraded RioCan Real Estate Investment Trust from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 14th.

RioCan Real Estate Investment Trust Price Performance

RioCan Real Estate Investment Trust has a one year low of C$10.88 and a one year high of C$17.17.

RioCan Real Estate Investment Trust Company Profile

Ring Energy, Inc, an exploration and production company, engages in the acquisition, exploration, development, and production of oil and natural gas in Texas and New Mexico. As of December 31, 2021, the company’s proved reserves consisted of approximately 77.8 million barrel of oil equivalent. It also had interests in 18,882 net developed acres and 1,406 net undeveloped acres in Andrews and Gaines counties, Texas; 18,437 net developed acres in Culberson and Reeves counties, Texas; and 13,662 net developed acres and 11,993 net undeveloped acres in Yoakum, Runnels, and Coke Counties, Texas and Lea County, New Mexico.