TSE:DRG.UNDream Global REIT Stock Price, Forecast & News

Add

Compare

Today's Range N/A

50-Day Range

C$16.79

MA: C$16.79▼

C$16.79

52-Week Range N/A

Volume630,473 shs

Average Volume709,609 shs

Market CapitalizationC$3.27 billion

P/E Ratio4.78

Dividend Yield5.67%

BetaN/A

Dream Global REIT is a real estate investment trust that provides investors with the opportunity to invest in commercial real estate exclusively outside of Canada. Dream Global REIT's portfolio currently consists of approximately 19.9 million square feet of gross leasable area of office, industrial and mixed-use properties across Germany, the Netherlands, Austria and Belgium.

Beat the Market (BTM) Rank^™

3.2 Analyst's Opinion

Consensus Rating
Dream Global REIT has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$17.03, Dream Global REIT has a potential upside of ∞ from its current price of C$0.00.
Amount of Analyst Coverage
Dream Global REIT has received no research coverage in the past 90 days.

2.4 Community Rank

Outperform Votes
Dream Global REIT has received 244 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Dream Global REIT has received 271 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Dream Global REIT has received 52.62% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Dream Global REIT and other stocks. Vote “Outperform” if you believe DRG.UN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe DRG.UN will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
Dream Global REIT is a leading dividend payer. It pays a dividend yield of 5.67%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Dream Global REIT does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Dream Global REIT is 22.78 %. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Dream Global REIT insiders have not sold or bought any company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Dream Global REIT is 4.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.90.
Price to Earnings Ratio vs. Sector
The P/E ratio of Dream Global REIT is 4.78, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 10.11.

Overall Beat the Market Rank^™

1.87 out of 5 stars

Industry, Sector and Symbol

Stock Exchange TSE

Industry REIT - Office

Sub-IndustryN/A

SectorReal Estate

Current SymbolTSE:DRG.UN

Previous SymbolTSE:DI.UN

CUSIPN/A

CIKN/A

Webwww.dream.ca

Phone+1-416-3653535

Debt

Debt-to-Equity Ratio81.99

Current Ratio0.87

Quick Ratio0.73

Price-To-Earnings

Trailing P/E Ratio4.78

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesC$500.82 million

Price / Sales0.00

Cash FlowN/A

Price / Cash Flow8.74

Book ValueC$15.54 per share

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees65

Outstanding Shares194,652,000

Market CapC$3.27 billion

Next Earnings DateN/A

OptionableNot Optionable

Receive DRG.UN News and Ratings via Email

Sign-up to receive the latest news and ratings for DRG.UN and its competitors with MarketBeat's FREE daily newsletter.

Dream Global REIT (TSE:DRG.UN) Frequently Asked Questions

Do Wall Street analysts recommend investors buy shares of Dream Global REIT?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dream Global REIT in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Dream Global REIT.

What price target have analysts set for DRG.UN?

5 analysts have issued 12 month price targets for Dream Global REIT's stock. Their forecasts range from C$16.79 to C$18.00. On average, they anticipate Dream Global REIT's stock price to reach C$17.03 in the next year. View analysts' price targets for Dream Global REIT.

Has Dream Global REIT been receiving favorable news coverage?

News articles about DRG.UN stock have been trending very positive on Thursday, InfoTrie reports. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Dream Global REIT earned a media sentiment score of 3.1 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near future. View the latest news aboutDream Global REIT.

Who are some of Dream Global REIT's key competitors?

Some companies that are related to Dream Global REIT include Mirvac Group (MGR), Allied Properties Real Estate Investment (AP.UN), Land Securities Group (LAND), Investa Office Fund (IOF), alstria office REIT (AOX), Cromwell Group (CMW), Workspace Group (WKP), Dream Office Real Estate Investment Trst (D.UN), Franklin Street Properties (FSP), Franklin Street Properties (FSP), GDI Property Group (GDI), APN Industria REIT (ADI), Australian Unity Office Fund (AOF), Slate Office REIT (SOT.UN) and Asia Pacific Data Centre Group (AJD). View all competitors.

Who are Dream Global REIT's key executives?

Dream Global REIT's management team includes the following people:

Ms. P. Jane Gavan, Pres, CEO & Trustee (Age 59)
Mr. Rajeev Viswanathan, Chief Financial Officer (Age 43)
Mr. Alexander Sannikov, Chief Operating Officer (Age 33)
Mr. Bruce Traversy, Head of Investment (Age 53)
Mr. Michael Schwöbel, MD & Head of of Real Estate - Germany (Age 45)

What is Dream Global REIT's stock symbol?

Dream Global REIT trades on the Toronto Stock Exchange (TSX) under the ticker symbol "DRG.UN."

How do I buy shares of Dream Global REIT?

Shares of DRG.UN 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.

How big of a company is Dream Global REIT?

Dream Global REIT has a market capitalization of C$0.00 and generates C$500.82 million in revenue each year. Dream Global REIT employs 65 workers across the globe.

What is Dream Global REIT's official website?

The official website for Dream Global REIT is www.dream.ca.

How can I contact Dream Global REIT?

Dream Global REIT's mailing address is 30 Adelaide St E Suite 301, TORONTO, ON M5C 3H1, Canada. The company can be reached via phone at +1-416-3653535.

This page was last updated on 5/28/2020 by MarketBeat.com Staff