Dream Industrial Real Estate Invest Trst (DIR.UN) Stock Price, News & Analysis

Company Overview

Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. As at December 31, 2023, we own, manage and operate a global portfolio of well-located, diversified industrial properties comprising 327 assets totalling approximately 71.4 million square feet of GLA in key markets across Canada, Europe and the U.S. Our goal is to deliver strong total returns to our unitholders through secure distributions as well as growth in net asset value and cash flow per unit underpinned by our high-quality portfolio and an investment grade balance sheet. Our REIT Units are listed on the Toronto Stock Exchange (TSX) under the trading symbol DIR.UN.

Key Stats

• Today's Range: C$11.65 to C$11.98
• 50-Day Range: C$11.68 to C$13.97
• 52-Week Range: C$11.65 to C$14.65
• Volume: 2.71 million shs
• Average Volume: 487,340 shs
• Market Capitalization: C$3.30 billion
• P/E Ratio: 19.61
• Dividend Yield: 5.85%
• Price Target: C$16.13
• Consensus Rating: Buy

DIR.UN Stock Analysis - Frequently Asked Questions

How have DIR.UN shares performed this year?

Dream Industrial Real Estate Invest Trst's stock was trading at C$13.96 at the start of the year. Since then, DIR.UN shares have decreased by 14.3% and is now trading at C$11.96.
View the best growth stocks for 2024 here.

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.
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Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Real Estate
• Industry: REIT - Industrial
• Sub-Industry: N/A
• 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 Target: C$16.13
• High Stock Price Target: C$17.00
• Low Stock Price Target: C$15.50
• Potential Upside/Downside: +34.8%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.61
• Trailing P/E Ratio: 19.61
• Forward P/E Ratio: 13.39
• P/E Growth: N/A
• Net Income: C$177.82 million
• Net Margins: 37.00%
• Pretax Margin: N/A
• Return on Equity: 3.88%
• Return on Assets: 2.70%

Debt

• Debt-to-Equity Ratio: 63.72
• Current Ratio: 0.40
• Quick Ratio: 0.25

Sales & Book Value

• Annual Sales: C$480.64 million
• Price / Sales: 6.87
• Cash Flow: C$0.23 per share
• Price / Cash Flow: 51.19
• Book Value: C$16.93 per share
• Price / Book: 0.71

Miscellaneous

• Outstanding Shares: 276,010,000
• Free Float: N/A
• Market Cap: C$3.30 billion
• Optionable: Not Optionable
• Beta: 1.25