Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Dream Industrl REIT (TSE:DIR.UN)
TSX:DIR.UN
RESEARCH TOOLSreports
Holding TSE:DIR.UN?
Track your performance easily
DIR.UN Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$11.53 - C$14.59
Previous CloseC$14.51
Volume157.69K
Average Volume (3M)407.83K
Market Cap
C$4.20B
Enterprise ValueC$9.28B
Total Cash (Recent Filing)C$103.36M
Total Debt (Recent Filing)C$2.95B
Price to Earnings (P/E)23.3
Beta1.20
Next Earnings
Nov 05, 2024EPS EstimateN/A
Last Dividend Ex-Date
Aug 30, 2024Dividend Yield4.84%
Share Statistics
EPS (TTM)0.62
Shares Outstanding289,354,745
10 Day Avg. Volume391,476
30 Day Avg. Volume407,832
Standard Deviation0.07
R-Squared0.63
Alpha-0.00023
Financial Highlights & Ratios
Price to Book (P/B)0.90
Price to Sales (P/S)5.18
Price to Cash Flow (P/CF)7.80
P/FCF Ratio6.40
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$15.90Price Target Upside9.50% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
Bulls Say, Bears Say
Bulls Say
Operational PerformanceDIR delivered another quarter of solid operational results, posting same-property NOI growth of 7.1%.
Rent GrowthDream Industrial REIT is well-positioned to capture strong rent growth as leases expire due to the mark-to-market opportunity.
ValuationDream Industrial’s units currently trade at an implied cap rate of 6.0%, or a 7.6% discount to the NAV estimate, compared to a weighted-average discount of 17.7% for its Canadian-listed industrial REIT peers.
Bears Say
Debt ProfileConcerns over the REIT's debt profile (short duration at an average cost well below market) and external asset management structure are more than adequately priced into the stock.
Financial PerformanceDream Industrial REIT reported Q124 FFO of $0.24/unit, a decrease of 2% y/y, and slightly below analyst estimate and consensus.
OccupancyA 240 bps y/y decline in occupancy partially offset organic NOI growth.
---
Options Prices
Currently, No data available
---
Ownership Overview
10.00% Insiders
6.99% Mutual Funds
10.96% Other Institutional Investors
72.05% Public Companies and
Individual Investors
DIR.UN FAQ
What was Dream Industrl REIT’s price range in the past 12 months?
Dream Industrl REIT lowest stock price was C$11.53 and its highest was C$14.59 in the past 12 months.
What is Dream Industrl REIT’s market cap?
Currently, no data Available
When is Dream Industrl REIT’s upcoming earnings report date?
Dream Industrl REIT’s upcoming earnings report date is Nov 05, 2024 which is in 46 days.
How were Dream Industrl REIT’s earnings last quarter?
Dream Industrl REIT released its earnings results on Aug 06, 2024. The company reported C$0.214 earnings per share for the quarter, beating the consensus estimate of N/A by C$0.214.
Is Dream Industrl REIT overvalued?
According to Wall Street analysts Dream Industrl REIT’s price is currently Undervalued.
Does Dream Industrl REIT pay dividends?
Dream Industrl REIT pays a Monthly dividend of C$0.06 which represents an annual dividend yield of 4.84%. See more information on Dream Industrl REIT dividends here
What is Dream Industrl REIT’s EPS estimate?
Dream Industrl REIT’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Dream Industrl REIT have?
Dream Industrl REIT has 276,008,180 shares outstanding.
What happened to Dream Industrl REIT’s price movement after its last earnings report?
Dream Industrl REIT reported an EPS of C$0.214 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -2.278%.
Which hedge fund is a major shareholder of Dream Industrl REIT?
Currently, no hedge funds are holding shares in TSE:DIR.UN
---
Dream Industrl REIT Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
C$15.90 (9.50% Upside)
C$15.90 (9.50% Upside)
Blogger Sentiment
Neutral
TSE:DIR.UN Sentiment 50%
Sector Average 68%
Sector Average 68%
Insider Transactions
Sold Shares
Worth C$5.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▲ 0.8%
Last 30 Days ▲ 0.8%
Technicals
SMA
Positive
20 days / 200 days
Momentum
8.34%
12-Months-Change
Fundamentals
Return on Equity
3.88%
Trailing 12-Months
Asset Growth
3.02%
Trailing 12-Months
Company Description
Dream Industrl REIT
Dream Industrial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust. It portfolio comprises industrial properties located in key markets across Canada and the U.S. Its objective is to build upon and grow its portfolio and to provide stable and sustainable cash distributions to its unitholders.
---
DIR.UN Stock 12 Month Forecast
Average Price Target
C$15.90
▲(9.50% Upside)
Technical Analysis
Granite Real Estate
―
H&R Real Estate ate Staple
―
Morguard NA REIT UN
―
Plaza Retail REIT
―
Best Analysts Covering DIR.UN
1 Year
1 Year Success Rate
24/32 ratings generated profit
1 Year Average Return
+16.03%
reiterated a buy rating last month
Copying Pammi Bir's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +16.03% per trade.
---