Dream Office Real Estate Investment Trust (DRETF) Stock Forecast, Price & News

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.

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.

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.
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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.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our DRETF earnings forecast.

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.

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.

Dream Office Real Estate Investment Trust trades on the OTCMKTS under the ticker symbol "DRETF."

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.
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One share of DRETF stock can currently be purchased for approximately $8.59.

The company employs 500 workers across the globe.

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.