OTCMKTS:DRETF Dream Office Real Estate Investment Trust (DRETF) Stock Forecast, Price & News $8.59 0.00 (0.00%) (As of 09/21/2023 ET) Add Compare Share Share Today's Range$8.59▼$8.5950-Day Range$8.30▼$10.6752-Week Range$8.30▼$13.26Volume1,220 shsAverage Volume1,547 shsMarket CapitalizationN/AP/E Ratio4.18Dividend Yield23.91%Price Target$23.71 ProfileProfileAnalyst RatingsChartCompetitorsDividendHeadlinesShort InterestProfileAnalyst RatingsChartCompetitorsDividendHeadlinesShort Interest Dream Office Real Estate Investment Trust MarketRank™ ForecastAnalyst RatingHold2.20 Rating ScoreUpside/Downside176.1% Upside$23.71 Price TargetShort InterestBearishDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.98 out of 5 stars 3.1 Analyst's Opinion Consensus RatingDream Office Real Estate Investment Trust has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $23.71, Dream Office Real Estate Investment Trust has a forecasted upside of 176.1% from its current price of $8.59.Amount of Analyst CoverageDream Office Real Estate Investment Trust has received no research coverage in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares ShortedShort Interest Ratio / Days to CoverDream Office Real Estate Investment Trust has a short interest ratio ("days to cover") of 1814, which indicates bearish sentiment.Change versus previous monthShort interest in Dream Office Real Estate Investment Trust has recently decreased by 0.51%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend LeadershipDream Office Real Estate Investment Trust is a leading dividend payer. It pays a dividend yield of 9.33%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthDream Office Real Estate Investment Trust does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Dream Office Real Estate Investment Trust is 99.84%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DRETF. Previous Next 3.3 News and Social Media Coverage News SentimentDream Office Real Estate Investment Trust has a news sentiment score of 2.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Real Estate companies.News Coverage This WeekMarketBeat has tracked 1 news article for Dream Office Real Estate Investment Trust this week, compared to 0 articles on an average week. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Dream Office Real Estate Investment Trust insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 24.88% of the stock of Dream Office Real Estate Investment Trust is held by institutions. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Dream Office Real Estate Investment Trust is 4.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.70.Price to Earnings Ratio vs. SectorThe P/E ratio of Dream Office Real Estate Investment Trust is 4.18, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 130.63. Previous Next See Top Rated MarketRank™ Stocks Here About Dream Office Real Estate Investment Trust (OTCMKTS:DRETF) StockDream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT is a premier office landlord in downtown Toronto with over 3.5 million square feet owned and managed. We have carefully curated an investment portfolio of high-quality assets in irreplaceable locations in one of the finest office markets in the world.Read More DRETF Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DRETF Stock News HeadlinesSeptember 6, 2023 | finance.yahoo.comDream Office Presents at Dream Investor DayAugust 8, 2023 | markets.businessinsider.comAnalysts Offer Insights on NA Companies: Simon Property (SPG) and Dream Office Real Estate Investment (OtherDRETF)September 23, 2023 | Legacy Research (Ad)WARNING: Mandatory U.S. Dollar Recall is Weeks AwayIf you have any U.S. dollars in your bank account… You must see this shocking video exposing the government’s new plan to recall the U.S. dollar. According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars.August 3, 2023 | finance.yahoo.comDream Office REIT Reports Q2 2023 ResultsJune 22, 2023 | finance.yahoo.comDream Office REIT Announces Final Results of Its Successful $193.8 Million Substantial Issuer BidJune 20, 2023 | benzinga.comTD Securities Maintains Buy on Dream Office REIT, Lowers Price Target to $17June 19, 2023 | finance.yahoo.comDream Office REIT Announces Preliminary Results of Its Successful $193.8 Million Substantial Issuer BidJune 19, 2023 | markets.businessinsider.comCanaccord Genuity downgrades Dream Office Real Estate Investment (DRETF) to a HoldSeptember 23, 2023 | Legacy Research (Ad)WARNING: Mandatory U.S. Dollar Recall is Weeks AwayIf you have any U.S. dollars in your bank account… You must see this shocking video exposing the government’s new plan to recall the U.S. dollar. According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars.June 6, 2023 | finance.yahoo.comDream Office REIT Announces Dream Investor Day and Voting Results of Annual and Special Meeting of UnitholdersMay 4, 2023 | finance.yahoo.comDream Industrial REIT Announces $177.5 Million Secondary OfferingMay 4, 2023 | finance.yahoo.comDream Office REIT Announces $178 Million Bought Deal Secondary Offering of Units of Dream Industrial REIT With Intention to Return Capital to UnitholdersMay 4, 2023 | finance.yahoo.comDream Office REIT Reports Q1 2023 ResultsSee More Headlines Receive DRETF Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Dream Office Real Estate Investment Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address DRETF Company Calendar Ex-Dividend for 9/15 Dividend8/30/2023Dividend Payable9/15/2023Today9/23/2023Ex-Dividend for 10/13 Dividend9/28/2023Dividend Payable10/13/2023Next Earnings (Estimated)11/01/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeOTCMKTS Industry REIT—Office Sub-IndustryN/A SectorReal Estate Current SymbolOTCMKTS:DRETF CUSIPN/A CIKN/A Webwww.dream.ca Phone(416) 365-3535FaxN/AEmployees500Year FoundedN/APrice Target and Rating Average Stock Price Forecast$23.71 High Stock Price Forecast$27.00 Low Stock Price Forecast$18.00 Forecasted Upside/Downside+176.1%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio4.18 Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableNot Optionable BetaN/A 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Michael J. Cooper (Age 62)Chairman & CEO Comp: $733.14kMr. Jay Jiang C.A.Chief Financial OfficerMr. Gordon WadleyChief Operating OfficerMs. Ayesha ShafiqSr. VP of Real Estate InvestmentsKey CompetitorsAllied Properties Real Estate Investment TrustOTCMKTS:APYRFBTB Real Estate Investment TrustOTCMKTS:BTBIFDEXUSOTCMKTS:DEXSFEmpire State Realty OPNYSE:ESBAInovalis Real Estate Investment TrustOTCMKTS:IVREFView All Competitors DRETF Stock - Frequently Asked Questions Should I buy or sell Dream Office Real Estate Investment Trust stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dream Office Real Estate Investment Trust in the last year. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" DRETF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DRETF, but not buy additional shares or sell existing shares. View DRETF analyst ratings or view top-rated stocks. What is Dream Office Real Estate Investment Trust's stock price forecast for 2023? 5 analysts have issued 1 year price objectives for Dream Office Real Estate Investment Trust's stock. Their DRETF share price forecasts range from $18.00 to $27.00. On average, they predict the company's share price to reach $23.71 in the next year. This suggests a possible upside of 176.1% from the stock's current price. View analysts price targets for DRETF or view top-rated stocks among Wall Street analysts. How have DRETF shares performed in 2023? Dream Office Real Estate Investment Trust's stock was trading at $11.01 on January 1st, 2023. Since then, DRETF stock has decreased by 22.0% and is now trading at $8.5880. View the best growth stocks for 2023 here. Are investors shorting Dream Office Real Estate Investment Trust? Dream Office Real Estate Investment Trust saw a increase in short interest during the month of August. As of August 15th, there was short interest totaling 645,500 shares, an increase of 5.3% from the July 31st total of 613,000 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is currently 1,291.0 days. View Dream Office Real Estate Investment Trust's Short Interest. When is Dream Office Real Estate Investment Trust's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023. View our DRETF earnings forecast. How often does Dream Office Real Estate Investment Trust pay dividends? What is the dividend yield for Dream Office Real Estate Investment Trust? Dream Office Real Estate Investment Trust declared a dividend on Friday, September 22nd. Stockholders of record on Friday, September 29th will be given a dividend of $0.0621 per share on Friday, October 13th. This represents a dividend yield of 8.68%. The ex-dividend date of this dividend is Thursday, September 28th. This is a boost from the stock's previous dividend of $0.06. Read our dividend analysis for DRETF. Is Dream Office Real Estate Investment Trust a good dividend stock? Dream Office Real Estate Investment Trust (OTCMKTS:DRETF) pays an annual dividend of $2.05 per share and currently has a dividend yield of 9.33%. DRETF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 99.84%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for DRETF. What is Dream Office Real Estate Investment Trust's stock symbol? Dream Office Real Estate Investment Trust trades on the OTCMKTS under the ticker symbol "DRETF." How do I buy shares of Dream Office Real Estate Investment Trust? Shares of DRETF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Dream Office Real Estate Investment Trust's stock price today? One share of DRETF stock can currently be purchased for approximately $8.59. How many employees does Dream Office Real Estate Investment Trust have? The company employs 500 workers across the globe. How can I contact Dream Office Real Estate Investment Trust? Dream Office Real Estate Investment Trust's mailing address is State Street Financial Centre, Toronto, ON M5C. The official website for the company is www.dream.ca. The company can be reached via phone at (416) 365-3535. 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