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Dream Office Real Estate Investment (DRETF)
OTHER OTC:DRETF
RESEARCH TOOLSreports
Dream Office Real Estate Investment (DRETF) Stock Price & Analysis
30 Followers
DRETF Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$9.96 - $21.07
Previous Close$13.94
Volume42.00
Average Volume (3M)4.22K
Market Cap
$263.59M
Enterprise Value$1.23B
Total Cash (Recent Filing)C$13.27M
Total Debt (Recent Filing)C$1.34B
Price to Earnings (P/E)-5.5
Beta1.38
Next Earnings
Aug 01, 2024EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield9.88%
Share Statistics
EPS (TTM)-2.55
Shares Outstanding18,929,933
10 Day Avg. Volume1,452
30 Day Avg. Volume4,218
Standard Deviation0.13
R-Squared0.25
Alpha-0.00915
Financial Highlights & Ratios
Price to Book (P/B)0.30
Price to Sales (P/S)1.12
Price to Cash Flow (P/CF)4.40
P/FCF Ratio4.30
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$13.08Price Target Upside-0.72% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Dream Office Real Estate Investment News
PremiumCompany Announcements
Dream Office REIT Declares April 2024 Distribution
PremiumCompany Announcements
Dream Office REIT Clarifies Market Speculations
Bulls Say, Bears Say
Bulls Say
Dividend AppealDistribution Yield (%) is 6.1, indicating a potentially attractive income stream for investors.
Financial PerformanceFFO per unit rises 3% year-over-year, slightly ahead of analyst estimates.
Stock ValuationThe target price is set at a 20% discount to the updated NAV estimate, suggesting potential undervaluation.
Bears Say
Company PerformanceNo signs of improvement in fundamentals, with expectations to take longer than expected to improve NOI.
Financial RestructuringDream Office announced the consolidation of all units at a ratio of 2:1, which effectively reduced the distribution by 50%.
Market ConditionsWeak lender sentiment for office properties creates refinancing risk and increased liquidity concerns.
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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 $9.96 and its highest was $21.07 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 Aug 01, 2024 which is in 89 days.
How were Dream Office Real Estate Investment’s earnings last quarter?
Currently, no data Available
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 does not currently pay dividends.
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 16,329,647 shares outstanding.
What happened to Dream Office Real Estate Investment’s price movement after its last earnings report?
Currently, no data Available
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
Neutral
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$13.08 (-0.72% Downside)
$13.08 (-0.72% Downside)
Blogger Sentiment
Neutral
DRETF Sentiment 67%
Sector Average 67%
Sector Average 67%
Insider Transactions
Bought Shares
Worth $8.8M over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
15.85%
12-Months-Change
Fundamentals
Return on Equity
-5.59%
Trailing 12-Months
Asset Growth
-10.60%
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
Q4 2024
0:00 / 0:00
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DRETF Stock 12 Months Forecast
Average Price Target
$13.08
▼(-0.72% Downside)
Technical Analysis
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