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Dream Industrl REIT (TSE:DIR.UN)
TSX:DIR.UN
RESEARCH TOOLSreports
Dream Industrl REIT (DIR.UN) Stock Price & Analysis
307 Followers
DIR.UN Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$11.12 - C$13.93
Previous CloseC$12.88
Volume172.15K
Average Volume (3M)448.52K
Market Cap
C$3.68B
Enterprise ValueC$6.58B
Total Cash (Recent Filing)C$116.05M
Total Debt (Recent Filing)C$2.98B
Price to Earnings (P/E)18.4
Beta1.19
Next Earnings
Jul 30, 2024EPS EstimateN/A
Last Dividend Ex-Date
Jun 28, 2024Dividend Yield5.52%
Share Statistics
EPS (TTM)0.70
Shares Outstanding288,193,195
10 Day Avg. Volume510,513
30 Day Avg. Volume448,522
Standard Deviation0.07
R-Squared0.63
Alpha-0.00017
Financial Highlights & Ratios
Price to Book (P/B)0.45
Price to Sales (P/S)206.31
Price to Cash Flow (P/CF)9.00
P/FCF Ratio7.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$15.94Price Target Upside24.87% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
Bulls Say, Bears Say
Bulls Say
Operational ResultsDIR delivered another quarter of solid operational results, posting same-property NOI growth of 7.1%.
Property Management FeesNet property management fees earned by the REIT increased by more than 50% year-over-year.
Rent GrowthRent lifts remain strong. Since the beginning of 2024, DIR has completed ~2.1M sf of new and renewal leasing at an average rent lift of 42.7%.
Bears Say
Debt ProfileConcerns over the REIT's debt profile (short duration at an average cost well below market) and external asset management structure are more than adequately priced into the stock.
Financial PerformanceQ124 FFO of $0.24/unit was a decrease of 2% y/y, and slightly below estimate and consensus of $0.25.
OccupancyOrganic NOI growth was partially offset by a 240 bps decline in occupancy.
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Options Prices
Currently, No data available
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Ownership Overview
10.04% Insiders
4.82% Mutual Funds
10.78% Other Institutional Investors
74.36% Public Companies and
Individual Investors
DIR.UN FAQ
What was Dream Industrl REIT’s price range in the past 12 months?
Dream Industrl REIT lowest stock price was C$11.12 and its highest was C$13.93 in the past 12 months.
What is Dream Industrl REIT’s market cap?
Currently, no data Available
When is Dream Industrl REIT’s upcoming earnings report date?
Dream Industrl REIT’s upcoming earnings report date is Jul 30, 2024 which is in 26 days.
How were Dream Industrl REIT’s earnings last quarter?
Dream Industrl REIT released its earnings results on May 07, 2024. The company reported C$0.26 earnings per share for the quarter, beating the consensus estimate of N/A by C$0.26.
Is Dream Industrl REIT overvalued?
According to Wall Street analysts Dream Industrl REIT’s price is currently Undervalued.
Does Dream Industrl REIT pay dividends?
Dream Industrl REIT pays a Monthly dividend of C$0.06 which represents an annual dividend yield of 5.52%. See more information on Dream Industrl REIT dividends here
What is Dream Industrl REIT’s EPS estimate?
Dream Industrl REIT’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Dream Industrl REIT have?
Dream Industrl REIT has 274,846,620 shares outstanding.
What happened to Dream Industrl REIT’s price movement after its last earnings report?
Dream Industrl REIT reported an EPS of C$0.26 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 1.262%.
Which hedge fund is a major shareholder of Dream Industrl REIT?
Currently, no hedge funds are holding shares in TSE:DIR.UN
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Dream Industrl REIT Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
C$15.94 (24.87% Upside)
C$15.94 (24.87% Upside)
Blogger Sentiment
Bullish
TSE:DIR.UN Sentiment 66%
Sector Average 64%
Sector Average 64%
Insider Transactions
Sold Shares
Worth C$226.5K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
-3.64%
12-Months-Change
Fundamentals
Return on Equity
4.34%
Trailing 12-Months
Asset Growth
2.35%
Trailing 12-Months
Company Description
Dream Industrl REIT
Dream Industrial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust. It portfolio comprises industrial properties located in key markets across Canada and the U.S. Its objective is to build upon and grow its portfolio and to provide stable and sustainable cash distributions to its unitholders.
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DIR.UN Stock 12 Month Forecast
Average Price Target
C$15.94
▲(24.87% Upside)
Technical Analysis
First Capital Realty
―
H&R Real Estate ate Staple
―
Canadian Apartment
―
Plaza Retail REIT
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Best Analysts Covering DIR.UN
1 Year
1 Year Success Rate
21/31 ratings generated profit
1 Year Average Return
+14.64%
reiterated a buy rating 2 months ago
Copying Pammi Bir's trades and holding each position for 1 Year would result in 67.74% of your transactions generating a profit, with an average return of +14.64% per trade.
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