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TSE:DIR.UN

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

C$13.22
-0.22 (-1.64%)
(As of 10/31/2024 ET)

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

Key Stats

Today's Range
C$13.22
C$13.44
50-Day Range
C$13.34
C$14.59
52-Week Range
C$11.56
C$14.65
Volume
784,758 shs
Average Volume
456,131 shs
Market Capitalization
C$3.65 billion
P/E Ratio
21.67
Dividend Yield
5.30%
Price Target
C$16.00
Consensus Rating
Buy

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.

Dream Industrial Real Estate Invest Trst Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
37th Percentile Overall Score

DIR.UN MarketRank™: 

Dream Industrial Real Estate Invest Trst scored higher than 37% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Dream Industrial Real Estate Invest Trst is 21.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.66.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Dream Industrial Real Estate Invest Trst is 21.67, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 271.47.

  • Price to Book Value per Share Ratio

    Dream Industrial Real Estate Invest Trst has a P/B Ratio of 0.78. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for DIR.UN.
  • Dividend Leadership

    Dream Industrial Real Estate Invest Trst is a leading dividend payer. It pays a dividend yield of 5.20%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Dream Industrial Real Estate Invest Trst does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Dream Industrial Real Estate Invest Trst is 114.75%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about Dream Industrial Real Estate Invest Trst's dividend.
  • Short Interest

    There is no current short interest data available for DIR.UN.
  • News Sentiment

    Dream Industrial Real Estate Invest Trst has a news sentiment score of 0.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.42 average news sentiment score of Real Estate companies.
  • Search Interest

    Only 2 people have searched for DIR.UN on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added Dream Industrial Real Estate Invest Trst to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Dream Industrial Real Estate Invest Trst insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.16% of the stock of Dream Industrial Real Estate Invest Trst is held by insiders.

  • Percentage Held by Institutions

    Only 33.24% of the stock of Dream Industrial Real Estate Invest Trst is held by institutions.

  • Read more about Dream Industrial Real Estate Invest Trst's insider trading history.
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DIR.UN Stock News Headlines

War on Elon Escalates…
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
Dream Industrial Real Estate Investment Trust (6MS.F)
Dream Industrial Real Estate Investment Trust DIR.UN
DIR_u Historical Data
See More Headlines

DIR.UN Stock Analysis - Frequently Asked Questions

Dream Industrial Real Estate Invest Trst's stock was trading at C$13.96 at the beginning of the year. Since then, DIR.UN stock has decreased by 5.3% and is now trading at C$13.22.
View the best growth stocks for 2024 here
.

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.

Industry, Sector and Symbol

Industry
REIT - Industrial
Sub-Industry
N/A
Current Symbol
TSE:DIR.UN
CIK
N/A
Fax
N/A
Employees
90
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$16.00
High Stock Price Target
C$17.00
Low Stock Price Target
C$15.50
Potential Upside/Downside
+19.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
8 Analysts

Profitability

Net Income
C$177.82 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$480.64 million
Cash Flow
C$0.26 per share
Book Value
C$16.93 per share

Miscellaneous

Free Float
N/A
Market Cap
C$3.68 billion
Optionable
Not Optionable
Beta
1.25
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This page (TSE:DIR.UN) was last updated on 10/31/2024 by MarketBeat.com Staff
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