Dream Industrial REIT (TSE:DIR) Cut to Moderate Buy at Raymond James Financial

Dream Industrial REIT (TSE:DIR) was downgraded by analysts at Raymond James Financial from a “strong-buy” rating to a “moderate buy” rating in a research note issued on Thursday,Zacks.com reports. Raymond James Financial also issued estimates for Dream Industrial REIT’s Q3 2025 earnings at $0.26 EPS and FY2025 earnings at $1.05 EPS.

Separately, Scotiabank downgraded Dream Industrial REIT from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 8th.

Dream Industrial REIT Stock Performance

Dream Industrial REIT has a 1-year low of C$8.08 and a 1-year high of C$9.49.

Dream Industrial REIT Company Profile

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