Raymond James Issues Negative Estimate for Pro Reit Earnings

Pro Reit (TSE:PRVFree Report) – Analysts at Raymond James dropped their FY2024 earnings per share (EPS) estimates for shares of Pro Reit in a research note issued to investors on Thursday, November 14th. Raymond James analyst B. Sturges now expects that the company will post earnings per share of $0.49 for the year, down from their prior forecast of $0.50. Raymond James also issued estimates for Pro Reit’s Q4 2024 earnings at $0.12 EPS, Q3 2025 earnings at $0.13 EPS, FY2025 earnings at $0.52 EPS, Q2 2026 earnings at $0.14 EPS, Q3 2026 earnings at $0.14 EPS and FY2026 earnings at $0.57 EPS.

Separately, Ventum Cap Mkts raised shares of Pro Reit to a “strong-buy” rating in a research note on Monday, July 29th.

Read Our Latest Analysis on PRV

Pro Reit Stock Performance

Pro Reit Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, November 15th. Investors of record on Thursday, October 31st were issued a $0.038 dividend. The ex-dividend date was Thursday, October 31st. This represents a $0.46 dividend on an annualized basis and a yield of ∞.

Further Reading

Earnings History and Estimates for Pro Reit (TSE:PRV)

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