National Bank Financial Comments on TSE:REI FY2025 Earnings

RioCan Real Estate Investment Trust (TSE:REI) – Research analysts at National Bank Financial lowered their FY2025 earnings per share estimates for RioCan Real Estate Investment Trust in a note issued to investors on Monday, July 14th. National Bank Financial analyst M. Kornack now forecasts that the company will post earnings of $1.61 per share for the year, down from their previous estimate of $1.85. National Bank Financial currently has a “Strong-Buy” rating on the stock.

Separately, Raymond James Financial raised RioCan Real Estate Investment Trust to a “moderate buy” rating in a research note on Wednesday, July 9th.

RioCan Real Estate Investment Trust Stock Performance

RioCan Real Estate Investment Trust has a 52-week low of C$10.88 and a 52-week high of C$17.17.

About RioCan Real Estate Investment Trust

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.