Dream Industrial Real Estate Investment Trust is an open-ended investment trust. The Trust's objective is managing its business to provide growing cash flow and stable and sustainable returns, through adapting its strategy and tactics to changes in the real estate industry and the economy; building and maintaining a diversified, growth-oriented portfolio of light industrial properties in Canadian markets based on an established platform; providing predictable and sustainable cash distributions to unitholders while prudently managing its capital structure over time, and maintaining a REIT that satisfies the REIT exception under the specified investment flow-through (SIFT) legislation in order to provide certainty to unitholders with respect to taxation of distributions. The Trust owns over 210 light industrial income-producing properties totaling approximately 16 million square feet of gross leasable area (GLA).
Industry, Sector and Symbol:
P/E:- Trailing P/E Ratio: N/A
- P/E Growth: N/A
Profitability:- Net Margins: -16.66%
- Return on Equity: -4.81%
- Return on Assets: -1.72%
Frequently Asked Questions for Dream Industrial Real Estate Invest Trst (TSE:DIR)
What is Dream Industrial Real Estate Invest Trst's stock symbol?
Dream Industrial Real Estate Invest Trst trades on the Tornton Stock Exchange (TSX) under the ticker symbol "DIR."
How often does Dream Industrial Real Estate Invest Trst pay dividends? What is the dividend yield for Dream Industrial Real Estate Invest Trst?
Dream Industrial Real Estate Invest Trst declared a monthly dividend on Wednesday, August 23rd. Shareholders of record on Thursday, August 31st will be given a dividend of 0.058 per share on Friday, September 15th. This represents a $0.70 annualized dividend and a yield of Infinity. The ex-dividend date of this dividend is Tuesday, August 29th. View Dream Industrial Real Estate Invest Trst's Dividend History.
How were Dream Industrial Real Estate Invest Trst's earnings last quarter?
Dream Industrial Real Estate Invest Trst (TSE:DIR) announced its earnings results on Tuesday, August, 5th. The company reported $0.24 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.24. The company had revenue of $40.43 million for the quarter. Dream Industrial Real Estate Invest Trst had a negative net margin of 16.66% and a negative return on equity of 4.81%. View Dream Industrial Real Estate Invest Trst's Earnings History.
When will Dream Industrial Real Estate Invest Trst make its next earnings announcement?
Who are some of Dream Industrial Real Estate Invest Trst's key competitors?
Some companies that are related to Dream Industrial Real Estate Invest Trst include Colliers International Group (CIG), Kirkland Lake Gold Ltd (NMI), Osisko Mining Corp (OBM), Royal Bank of Canada (RY), Bank of Nova Scotia (BNS), Enbridge (ENB), Canadian National Railway Company (CNR), Suncor Energy (SU), Bank of Montreal (BMO), TransCanada (TRP), BCE (BCE), Canadian Natural Resources Limited (CNQ), Manulife Financial Corp. (MFC), Canadian Imperial Bank of Commerce (CM), Thomson Reuters Corp (TRI), Great-West Lifeco (GWO), Imperial Oil Ltd (IMO) and Sun Life Financial (SLF).
Who are Dream Industrial Real Estate Invest Trst's key executives?
Dream Industrial Real Estate Invest Trst's management team includes the folowing people:
- Vincenza Sera, Chairman of the Board of Trustees
- Brent P. Chapman, President, Chief Executive Officer
- Lenis W. Quan, Chief Financial Officer
- Yanick Frappier, Senior Vice President - Portfolio Management
- Joe Iadeluca, Senior Vice President- Portfolio Management for Dundee Industrial REIT, Central/Eastern Canada
- Nick Stryland, Vice President - Portfolio Management, Central Region
- Michael J. Cooper, Non-Independent Trustee
- Robert G. Goodall, Independent Trustee
- John Michael Arthur Knowlton, Independent Trustee
- Johann Olav Koss, Independent Trustee
How do I buy Dream Industrial Real Estate Invest Trst stock?
Shares of Dream Industrial Real Estate Invest Trst and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.
MarketBeat Community Rating for Dream Industrial Real Estate Invest Trst (TSE DIR)MarketBeat's community ratings are surveys of what our community members think about Dream Industrial Real Estate Invest Trst and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Dream Industrial Real Estate Invest Trst (TSE:DIR) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for Dream Industrial Real Estate Invest Trst (TSE:DIR)
Show:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 2/26/2017 | National Bank Financial | Downgrade | Outperform Market Weight -> Sector Perform Market Weight | |  |
| 8/10/2016 | Dundee Securities | Downgrade | Buy -> Neutral | | |
| 3/10/2016 | Desjardins | Downgrade | Buy -> Hold | | |
(Data available from 9/19/2015 forward)
Earnings History for Dream Industrial Real Estate Invest Trst (TSE:DIR)Earnings History by Quarter for Dream Industrial Real Estate Invest Trst (TSE DIR)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/3/2017 | | | | | | | | |
| 8/5/2014 | | C$0.24 | C$0.24 | | C$40.43 million | View | N/A | |
| 5/5/2014 | | C$0.23 | C$0.23 | | C$40.91 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Dream Industrial Real Estate Invest Trst (TSE:DIR)2017 EPS Consensus Estimate: $0.97
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.25 | $0.25 | $0.25 |
| Q2 2017 | 2 | $0.23 | $0.25 | $0.24 |
| Q3 2017 | 2 | $0.23 | $0.25 | $0.24 |
| Q4 2017 | 2 | $0.23 | $0.25 | $0.24 |
(Data provided by Zacks Investment Research)
Dividend History by Quarter for Dream Industrial Real Estate Invest Trst (TSE DIR)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/23/2017 | Monthly | $0.06 | | 8/29/2017 | 8/31/2017 | 9/15/2017 |
| 7/21/2017 | Monthly | $0.06 | | 7/27/2017 | 7/31/2017 | 8/15/2017 |
| 6/22/2017 | Monthly | $0.06 | | 6/28/2017 | 6/30/2017 | 7/15/2017 |
(Data available from 1/1/2013 forward)
Insider Trading History for Dream Industrial Real Estate Invest Trst (TSE:DIR)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Dream Industrial Real Estate Invest Trst (TSE:DIR)
Latest Headlines for Dream Industrial Real Estate Invest Trst (TSE:DIR)
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Dream Industrial Real Estate Invest Trst (DIR) Chart for Tuesday, September, 19, 2017
