TSE:DIR.UN

Dream Industrial Real Estate Invest Trst - DIR.UN Stock Forecast, Price & News

C$12.79

-0.05 (-0.39%)

(As of 08/18/2022 11:49 AM ET)

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Today's Range: C$12.76
▼
C$12.86
50-Day Range: C$11.81
▼
C$13.37
52-Week Range: C$11.76
▼
C$17.60

Volume: 148,196 shs
Average Volume: 834,246 shs
Market Capitalization: C$3.26 billion

P/E Ratio: 3.37
Dividend Yield: 5.45%
Price Target: C$16.88

About Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) Stock

Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. Dream Industrial REIT owns and operates a portfolio of 223 geographically diversified light industrial properties comprising approximately 20.2 million square feet of gross leasable area 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.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Royal Bank of Canada cut their price objective on shares of Dream Industrial Real Estate Invest Trst from C$19.50 to C$18.50 and set an "outperform" rating on the stock in a report on Friday, May 6th. CIBC reduced their price target on Dream Industrial Real Estate Invest Trst from C$18.00 to C$17.00 in a research report on Monday, June 27th. Raymond James lowered their price target on Dream Industrial Real Estate Invest Trst from C$18.75 to C$16.00 and set an "outperform" rating for the company in a research note on Thursday, August 4th. Scotiabank reduced their price objective on shares of Dream Industrial Real Estate Invest Trst from C$17.50 to C$16.00 in a research note on Monday, August 8th. Finally, National Bankshares upped their target price on shares of Dream Industrial Real Estate Invest Trst from C$13.50 to C$14.25 and gave the company an "outperform" rating in a research note on Thursday, August 4th. Six analysts have rated the stock with a buy rating, According to MarketBeat, the stock has a consensus rating of "Buy" and an average target price of C$17.25.

Dream Industrial Real Estate Invest Trst Stock Down 0.5 %

Shares of Dream Industrial Real Estate Invest Trst stock traded down C$0.07 during trading hours on Thursday, reaching C$12.77. 121,877 shares of the company's stock were exchanged, compared to its average volume of 834,246. The stock has a market cap of C$3.26 billion and a P/E ratio of 3.38. The company has a 50 day moving average of C$12.37 and a two-hundred day moving average of C$14.37. The company has a current ratio of 0.33, a quick ratio of 0.30 and a debt-to-equity ratio of 51.38. Dream Industrial Real Estate Invest Trst has a fifty-two week low of C$11.76 and a fifty-two week high of C$17.60.

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DIR.UN Stock News Headlines

August 18, 2022 | apnews.com

Dream Impact Trust Announces August 2022 Monthly Distribution

August 17, 2022 | msn.com

3 Real Estate Stocks for Cautious Investors

August 11, 2022 | americanbankingnews.com

Scotiabank Trims Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) Target Price to C$16.00

August 8, 2022 | americanbankingnews.com

Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) Price Target Increased to C$14.25 by Analysts at National Bankshares

August 7, 2022 | americanbankingnews.com

Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) PT Lowered to C$16.00 at Raymond James

July 20, 2022 | apnews.com

Dream Impact Trust Announces July 2022 Monthly Distribution

June 16, 2022 | marketwatch.com

American Dream Mall Owner Makes Interest Payment on $800M Muni; Trustee Says Default Not Cured

June 9, 2022 | tmcnet.com

Dream Impact Trust Completes $40 Million Impact Debenture Offering

June 3, 2022 | wsj.com

American Dream Mall Owner Skips Interest on $800 Million Municipal Bond

June 2, 2022 | msn.com

APAC corporate real estate monetisation to grow by up to 10% this year

May 19, 2022 | finance.yahoo.com

Dream Residential Real Estate Investment Trust Provides April Property Update and Announces May 2022 Monthly Distribution

June 23, 2021 | ca.finance.yahoo.com

Canadian Housing Market: Cooling or Crashing?

June 22, 2021 | theglobeandmail.com

Monday’s breakouts: REITs are breaking out and this one yielding nearly 5% just hit a record high

June 15, 2021 | msn.com

This 5%-Yielding Dividend Stock Is Every Income Investors’ Dream

June 14, 2021 | msn.com

5 Top Canadian Dividend Stocks to Buy Under $30 Now!

June 10, 2021 | ca.finance.yahoo.com

Passive Income Investors: 4 Top TSX Stocks Buy Now

June 7, 2021 | nasdaq.com

TSX Ends Marginally Up After Lackluster Session

May 26, 2021 | fool.ca

3 Real Estate Stocks You Can’t Miss in 2021

May 14, 2021 | fool.ca

Here Are 5 Top TSX Stocks Paying a 5% Dividend or More

April 27, 2021 | fool.ca

3 Undervalued Canadian Stocks Paying a 4% Dividend or More

January 25, 2021 | fool.ca

Housing Market Defies All Odds and Smashed Records in 2020

January 21, 2021 | markets.businessinsider.com

IIROC Trade Resumption - DIR.UN

November 19, 2020 | businesswire.com

Dream Industrial REIT November 2020 Monthly Distribution

August 20, 2020 | finance.yahoo.com

Dream Industrial REIT August 2020 Monthly Distribution

August 4, 2020 | ca.finance.yahoo.com

$5,000 Student CRA Crisis Payments: Here’s How You Could Get $8,000

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: REIT - Industrial
Sub-Industry: N/A
Sector: Real Estate
Current Symbol: TSE:DIR.UN
CUSIP: N/A
CIK: N/A
Web: www.dream.ca
Phone: +1-416-3653535
Fax: N/A
Employees: 90
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$16.88
High Stock Price Forecast: C$19.50
Low Stock Price Forecast: C$14.25
Forecasted Upside/Downside: +31.9%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 3.37
Forward P/E Ratio: 9.84
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: 51.38
Current Ratio: 0.33
Quick Ratio: 0.30

Sales & Book Value

Annual Sales: C$415.14 million
Price / Sales: 7.86
Cash Flow: C$0.32 per share
Price / Cash Flow: 40.13
Book Value: C$16.98 per share
Price / Book: 0.75

Miscellaneous

Outstanding Shares: 255,236,000
Free Float: N/A
Market Cap: C$3.26 billion
Optionable: Not Optionable
Beta: N/A

Key Executives

Ms. Lenis W. Quan (Age 46)
Chief Financial Officer
Mr. Brian D. Pauls
CEO, Pres & Director
Mr. Joe Iadeluca (Age 61)
Sr. VP of Portfolio Management - Quebec & Eastern Canada
Mr. Nicholas Stryland (Age 44)
Sr. VP of Portfolio Management - Ontario Region
Ms. P. Jane Gavan (Age 59)
Pres of Asset Management

Key Competitors

View All Competitors

DIR.UN Stock - Frequently Asked Questions

Should I buy or sell Dream Industrial Real Estate Invest Trst stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Dream Industrial Real Estate Invest Trst in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" DIR.UN shares.
View DIR.UN analyst ratings or view top-rated stocks.
What is Dream Industrial Real Estate Invest Trst's stock price forecast for 2022?: 5 analysts have issued 12-month target prices for Dream Industrial Real Estate Invest Trst's stock. Their DIR.UN share price forecasts range from C$14.25 to C$19.50. On average, they predict the company's stock price to reach C$16.88 in the next year. This suggests a possible upside of 32.0% from the stock's current price.
View analysts price targets for DIR.UN or view top-rated stocks among Wall Street analysts.
How have DIR.UN shares performed in 2022?: Dream Industrial Real Estate Invest Trst's stock was trading at C$17.22 at the beginning of 2022. Since then, DIR.UN stock has decreased by 25.8% and is now trading at C$12.78.
View the best growth stocks for 2022 here.
Is Dream Industrial Real Estate Invest Trst a good dividend stock?: Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) pays an annual dividend of C$0.70 per share and currently has a dividend yield of 5.45%. DIR.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 18.43%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for DIR.UN.

What is Dream Industrial Real Estate Invest Trst's stock symbol?: Dream Industrial Real Estate Invest Trst trades on the Toronto Stock Exchange (TSX) under the ticker symbol "DIR.UN."
How do I buy shares of Dream Industrial Real Estate Invest Trst?: Shares of DIR.UN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.
What is Dream Industrial Real Estate Invest Trst's stock price today?: One share of DIR.UN stock can currently be purchased for approximately C$12.78.
How much money does Dream Industrial Real Estate Invest Trst make?: Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) has a market capitalization of C$3.26 billion and generates C$415.14 million in revenue each year.
How can I contact Dream Industrial Real Estate Invest Trst?: Dream Industrial Real Estate Invest Trst's mailing address is 30 Adelaide St E Suite 301, TORONTO, ON M5C 3H1, Canada. The official website for the company is www.dream.ca. The company can be reached via phone at +1-416-3653535.

This page (TSE:DIR.UN) was last updated on 8/18/2022 by MarketBeat.com Staff

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