Desjardins Issues Optimistic Forecast for TSE:REI Earnings

RioCan Real Estate Investment Trust (TSE:REI) – Investment analysts at Desjardins lifted their Q4 2025 earnings per share estimates for shares of RioCan Real Estate Investment Trust in a report issued on Sunday, November 9th. Desjardins analyst L. Kalmar now forecasts that the company will post earnings of $0.44 per share for the quarter, up from their prior estimate of $0.43.

RioCan Real Estate Investment Trust Stock 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.