Dream Office Real Estate Investment Trust (DRETF) Stock Price, News & Analysis

Company Overview

Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT is a premier office landlord in downtown Toronto with over 3.5 million square feet owned and managed. We have carefully curated an investment portfolio of high-quality assets in irreplaceable locations in one of the finest office markets in the world.

Key Stats

• Today's Range: $13.36 to $13.36
• 50-Day Range: $13.36 to $16.74
• 52-Week Range: $11.04 to $17.13
• Volume: 3,062 shs
• Average Volume: 3,251 shs
• Market Capitalization: N/A
• P/E Ratio: 6.49
• Dividend Yield: 15.37%
• Price Target: N/A
• Consensus Rating: N/A

Dream Office Real Estate Investment Trust Stock Analysis - MarketRank™

Dream Office Real Estate Investment Trust scored higher than 15% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Dream Office Real Estate Investment Trust.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Dream Office Real Estate Investment Trust is 6.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.29.

Price to Earnings Ratio vs. Sector

The P/E ratio of Dream Office Real Estate Investment Trust is 6.49, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 243.88.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Dream Office Real Estate Investment Trust has a short interest ratio ("days to cover") of 342.7, which indicates bearish sentiment.

Change versus previous month

Short interest in Dream Office Real Estate Investment Trust has recently decreased by 0.79%, indicating that investor sentiment is improving.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Dream Office Real Estate Investment Trust is a leading dividend payer. It pays a dividend yield of 9.33%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Dream Office Real Estate Investment Trust does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Dream Office Real Estate Investment Trust is 99.84%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Dream Office Real Estate Investment Trust has a short interest ratio ("days to cover") of 342.7, which indicates bearish sentiment.

Change versus previous month

Short interest in Dream Office Real Estate Investment Trust has recently decreased by 0.79%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: N/A

News Sentiment

Dream Office Real Estate Investment Trust has a news sentiment score of 1.13. 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 higher news sentiment than the 0.65 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Dream Office Real Estate Investment Trust this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Dream Office Real Estate Investment Trust insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 24.88% of the stock of Dream Office Real Estate Investment Trust is held by institutions.

DRETF Stock Analysis - Frequently Asked Questions

How have DRETF shares performed this year?

Dream Office Real Estate Investment Trust's stock was trading at $7.68 at the beginning of 2024. Since then, DRETF stock has increased by 73.9% and is now trading at $13.3570.
View the best growth stocks for 2024 here.

How do I buy shares of Dream Office Real Estate Investment Trust?

Shares of DRETF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Ex-Dividend for 11/15 Dividend: 10/31/2024
• Dividend Payable: 11/15/2024
• Ex-Dividend for 12/13 Dividend: 11/29/2024
• Dividend Payable: 12/13/2024
• Today: 12/21/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Real Estate
• Industry: REIT - Office
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:DRETF
• CUSIP: N/A
• CIK: N/A
• Web: www.dream.ca
• Phone: (416) 365-3535
• Fax: N/A
• Employees: 500
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 6.49
• Forward P/E Ratio: N/A
• 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: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A