Should I buy or sell Dream Office Real Estate Investment Trust stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Dream Office Real Estate Investment Trust in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research 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 target for 2024?

4 equities research analysts have issued twelve-month target prices for Dream Office Real Estate Investment Trust's shares. Their DRETF share price targets range from $24.00 to $27.00. On average, they expect the company's stock price to reach $25.06 in the next twelve months. This suggests a possible upside of 90.2% 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 2024?

Dream Office Real Estate Investment Trust's stock was trading at $7.68 on January 1st, 2024. Since then, DRETF shares have increased by 71.5% and is now trading at $13.1750. View the best growth stocks for 2024 here .

When is Dream Office Real Estate Investment Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. 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 Thursday, February 22nd. Stockholders of record on Thursday, February 29th will be paid a dividend of $0.0617 per share on Friday, March 15th. This represents a yield of 12.1%. The ex-dividend date of this dividend is Wednesday, February 28th. 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 .

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

OTCMKTS:DRETF

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

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$13.18

0.00 (0.00%)

(As of 04/19/2024 ET)

Compare

Today's Range: $13.18
▼
$13.18
50-Day Range: $5.93
▼
$14.59
52-Week Range: $10.80
▼
$22.50

Volume: 1,900 shs
Average Volume: 4,286 shs
Market Capitalization: N/A

P/E Ratio: 6.41
Dividend Yield: 15.58%
Price Target: $25.06

Stock Analysis Analyst Forecasts Chart Dividend Headlines Short Interest

Get Dream Office Real Estate Investment Trust alerts:

Dream Office Real Estate Investment Trust MarketRank™ Stock Analysis

Analyst Rating: Hold
2.25 Rating Score
Upside/Downside: 90.2% Upside
$25.06 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.00
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.02 out of 5 stars

3.1

Analyst's Opinion

Consensus Rating
Dream Office Real Estate Investment Trust has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Dream Office Real Estate Investment Trust has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for DRETF.

1.7

Dividend Strength

Dividend Leadership
Dream 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 Growth
Dream Office Real Estate Investment Trust does not have a long track record of dividend growth.
Dividend Coverage
The 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.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for DRETF.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 2 news articles for Dream Office Real Estate Investment Trust this week, compared to 0 articles on an average week.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Dream Office Real Estate Investment Trust insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 24.88% of the stock of Dream Office Real Estate Investment Trust is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Dream Office Real Estate Investment Trust is 6.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of Dream Office Real Estate Investment Trust is 6.41, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 200.66.

See Top Rated MarketRank™ Stocks Here

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About Dream Office Real Estate Investment Trust Stock (OTCMKTS:DRETF)

Dream 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.

DRETF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

DRETF Stock News Headlines

April 19, 2024 | businesswire.com

Dream Office REIT Announces April 2024 Monthly Distribution

April 19, 2024 | businesswire.com

Dream Office REIT Announces April 2024 Monthly Distribution

April 20, 2024 | Paradigm Press (Ad)

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April 12, 2024 | wsj.com

Dream Office Real Estate Investment Trust

April 9, 2024 | businesswire.com

Dream Office REIT Responds to Market Rumours

February 20, 2024 | businesswire.com

Dream Office REIT Announces February 2024 Post-Consolidation Monthly Distribution

February 17, 2024 | markets.businessinsider.com

Dream Office REIT: Hold Rating Amid Financial Strategies and Market Challenges

February 15, 2024 | finance.yahoo.com

Dream Office REIT Reports 2023 Year-End Results and Unit Consolidation; Annual Distribution to Remain Unchanged at $1.00 Per Unit Following Consolidation

April 20, 2024 | Paradigm Press (Ad)

Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THIS

February 15, 2024 | businesswire.com

Dream Office REIT Reports 2023 Year-End Results and Unit Consolidation; Annual Distribution to Remain Unchanged at $1.00 Per Unit Following Consolidation

February 6, 2024 | ca.finance.yahoo.com

Dream Office Real Estate Investment Trust (D-UN.TO)

January 26, 2024 | finance.yahoo.com

Dream Office REIT Q4 2023 Financial Results Release Date, Webcast and Conference Call

January 2, 2024 | seekingalpha.com

Dream Office: Become An Office Landlord On The Cheap

November 14, 2023 | markets.businessinsider.com

Analysts Offer Insights on NA Companies: Dream Office Real Estate Investment (OtherDRETF) and Stantec (STN)

November 11, 2023 | markets.businessinsider.com

Dream Office REIT: Hold Rating Amid Lower Q3 Results and WeWork Uncertainty

October 28, 2023 | investing.com

D_u Historical Data

October 19, 2023 | markets.businessinsider.com

CIBC Keeps Their Hold Rating on Dream Office Real Estate Investment (DRETF)

October 19, 2023 | finance.yahoo.com

Dream Office REIT Q3 2023 Financial Results Release Date, Webcast and Conference Call

September 6, 2023 | finance.yahoo.com

Dream Office Presents at Dream Investor Day

August 8, 2023 | markets.businessinsider.com

Analysts Offer Insights on NA Companies: Simon Property (SPG) and Dream Office Real Estate Investment (OtherDRETF)

August 3, 2023 | finance.yahoo.com

Dream Office REIT Reports Q2 2023 Results

June 22, 2023 | finance.yahoo.com

Dream Office REIT Announces Final Results of Its Successful $193.8 Million Substantial Issuer Bid

June 20, 2023 | benzinga.com

TD Securities Maintains Buy on Dream Office REIT, Lowers Price Target to $17

June 19, 2023 | finance.yahoo.com

Dream Office REIT Announces Preliminary Results of Its Successful $193.8 Million Substantial Issuer Bid

June 19, 2023 | markets.businessinsider.com

Canaccord Genuity downgrades Dream Office Real Estate Investment (DRETF) to a Hold

June 6, 2023 | finance.yahoo.com

Dream Office REIT Announces Dream Investor Day and Voting Results of Annual and Special Meeting of Unitholders

May 4, 2023 | finance.yahoo.com

Dream Industrial REIT Announces $177.5 Million Secondary Offering

See More Headlines

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Company Calendar

Ex-Dividend for 2/15 Dividend: 1/30/2024
Dividend Payable: 2/15/2024
Ex-Dividend for 3/15 Dividend: 2/28/2024
Dividend Payable: 3/15/2024
Today: 4/20/2024
Next Earnings (Estimated): 5/02/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Real Estate
Industry: REIT - Office
Sub-Industry: N/A
Current Symbol: OTCMKTS:DRETF
CUSIP: N/A
CIK: N/A
Web: www.dream.ca
Phone: (416) 365-3535
Fax: N/A
Employees: 500
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $25.06
High Stock Price Target: $27.00
Low Stock Price Target: $24.00
Potential Upside/Downside: +90.2%
Consensus Rating: Hold
Rating Score (0-4): 2.25
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 6.41
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

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Key Executives

Mr. Michael J. Cooper (Age 63)
Chairman & CEO
Comp: $725.85k
Mr. Jay Jiang C.A.
Chief Financial Officer
Mr. Gordon Wadley
Chief Operating Officer
Ms. Ayesha Shafiq
Senior Vice President of Real Estate Investments

Key Competitors

View All Competitors

DRETF Stock Analysis - Frequently Asked Questions

Should I buy or sell Dream Office Real Estate Investment Trust stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Dream Office Real Estate Investment Trust in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research 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 target for 2024?: 4 equities research analysts have issued twelve-month target prices for Dream Office Real Estate Investment Trust's shares. Their DRETF share price targets range from $24.00 to $27.00. On average, they expect the company's stock price to reach $25.06 in the next twelve months. This suggests a possible upside of 90.2% 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 2024?: Dream Office Real Estate Investment Trust's stock was trading at $7.68 on January 1st, 2024. Since then, DRETF shares have increased by 71.5% and is now trading at $13.1750.
View the best growth stocks for 2024 here.
When is Dream Office Real Estate Investment Trust's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
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 Thursday, February 22nd. Stockholders of record on Thursday, February 29th will be paid a dividend of $0.0617 per share on Friday, March 15th. This represents a yield of 12.1%. The ex-dividend date of this dividend is Wednesday, February 28th.
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.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:DRETF) was last updated on 4/20/2024 by MarketBeat.com Staff

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