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Dream Office Real Estate Investment (DRETF)
OTHER OTC:DRETF
RESEARCH TOOLSreports
Holding DRETF?
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DRETF Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.48 - $16.88
Previous Close$16.29
Volume55.00
Average Volume (3M)2.03K
Market Cap
$308.53M
Enterprise Value$1.29B
Total Cash (Recent Filing)C$13.27M
Total Debt (Recent Filing)C$1.34B
Price to Earnings (P/E)―
Beta1.51
Next Earnings
Nov 07, 2024EPS EstimateN/A
Last Dividend Ex-Date
Aug 30, 2024Dividend Yield7.39%
Share Statistics
EPS (TTM)-1.47
Shares Outstanding18,949,474
10 Day Avg. Volume2,440
30 Day Avg. Volume2,034
Standard Deviation0.13
R-Squared0.27
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)0.25
Price to Sales (P/S)2.15
Price to Cash Flow (P/CF)N/A
P/FCF Ratio5.10
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$14.07Price Target Upside-11.10% Downside
Rating ConsensusHold
Number of Analyst Covering7
Dream Office Real Estate Investment News
PremiumCompany Announcements
Dream Office REIT Declares August 2024 Distribution
PremiumCompany Announcements
Dream Office REIT Shows Resilience in Q2 2024
PremiumCompany Announcements
Dream Mourns Loss of Esteemed Real Estate LeaderPremiumCompany Announcements
Dream Office REIT Announces Upcoming DistributionPremiumCompany Announcements
Dream Office REIT Announces Q2 2024 Results Date
PremiumCompany Announcements
Dream Office REIT Announces June Distribution
PremiumCompany Announcements
Dream Office REIT Confirms Board and AuditorBulls Say, Bears Say
Bulls Say
Financial PerformanceFFO per unit rises 8.7% year-over-year.
IncomeLease termination income boosted FFO per unit.
LeasingSuccessful leasing should help offset greater interest.
Bears Say
Interest ExpenseGreater interest expense from mortgage refinancings and exposure to variable rate debt.
OccupancyGreater same-property rents offset lower occupancy.
ValuationThe REIT’s units currently trade at an implied cap rate of 8.0% or a 10.1% discount to our NAV estimate, compared to the average discount of 5.0% for peers.
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DRETF FAQ
What was Dream Office Real Estate Investment’s price range in the past 12 months?
Dream Office Real Estate Investment lowest stock price was $10.48 and its highest was $16.88 in the past 12 months.
What is Dream Office Real Estate Investment’s market cap?
Currently, no data Available
When is Dream Office Real Estate Investment’s upcoming earnings report date?
Dream Office Real Estate Investment’s upcoming earnings report date is Nov 07, 2024 which is in 49 days.
How were Dream Office Real Estate Investment’s earnings last quarter?
Dream Office Real Estate Investment released its earnings results on Aug 09, 2024. The company reported -$0.838 earnings per share for the quarter, missing the consensus estimate of N/A by -$0.838.
Is Dream Office Real Estate Investment overvalued?
According to Wall Street analysts Dream Office Real Estate Investment’s price is currently Overvalued.
Does Dream Office Real Estate Investment pay dividends?
Dream Office Real Estate Investment pays a Notavailable dividend of $0.06 which represents an annual dividend yield of 7.39%. See more information on Dream Office Real Estate Investment dividends here
What is Dream Office Real Estate Investment’s EPS estimate?
Dream Office Real Estate Investment’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Dream Office Real Estate Investment have?
Dream Office Real Estate Investment has 16,335,564 shares outstanding.
What happened to Dream Office Real Estate Investment’s price movement after its last earnings report?
Dream Office Real Estate Investment reported an EPS of -$0.838 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -1.168%.
Which hedge fund is a major shareholder of Dream Office Real Estate Investment?
Currently, no hedge funds are holding shares in DRETF
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Dream Office Real Estate Investment Stock Smart Score
Unlock Smart Score
1
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4
5
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8
9
10
Analyst Consensus
Hold
Average Price Target:
$14.07 (-11.10% Downside)
$14.07 (-11.10% Downside)
Blogger Sentiment
Neutral
DRETF Sentiment 67%
Sector Average 68%
Sector Average 68%
Insider Transactions
Bought Shares
Worth $2.1M over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
0.01%
12-Months-Change
Fundamentals
Return on Equity
-3.13%
Trailing 12-Months
Asset Growth
-4.90%
Trailing 12-Months
Company Description
Dream Office Real Estate Investment
Dream Office Real Estate Investment Trust is a real estate investment trust that acquires, manages, and leases primarily central business district and suburban office properties in urban areas throughout Canada. The majority of the company's real estate portfolio, in terms of revenue generation, is located in the Canadian province of Ontario. The province of Alberta also brings in a sizable percentage of revenue. The company generates nearly all of its revenue in the form of rental income from mid- to long-term lease agreements with tenants. The company's office buildings located in central business districts are responsible for the vast majority of its revenue generation. Most of Dream Office's customers are in the finance, insurance, science, and government industries.
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DRETF Company Deck
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DRETF Earnings Call
Q2 2024
0:00 / 0:00
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DRETF Stock 12 Month Forecast
Average Price Target
$14.07
▼(-11.10% Downside)
Technical Analysis
Armada Hoffler Properties
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Brandywine Realty
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Highwoods Properties
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Piedmont Office
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Best Analysts Covering DRETF
1 Year
1 Year Success Rate
7/7 ratings generated profit
1 Year Average Return
+22.49%
reiterated a buy rating 5 months ago
Copying Matt Kornack's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +22.49% per trade.
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