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Dream Office Real Estate Investment (TSE:D.UN)
TSX:D.UN
RESEARCH TOOLSreports
Dream Office Real Estate Investment (D.UN) Stock Price & Analysis
53 Followers
D.UN Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$13.84 - C$27.96
Previous CloseC$19.11
Volume27.92K
Average Volume (3M)75.61K
Market Cap
C$362.07M
Enterprise ValueC$1.69B
Total Cash (Recent Filing)C$13.27M
Total Debt (Recent Filing)C$1.34B
Price to Earnings (P/E)-5.5
Beta1.64
Next Earnings
May 02, 2024EPS EstimateN/A
Last Dividend Ex-Date
Apr 29, 2024Dividend Yield9.64%
Share Statistics
EPS (TTM)-3.46
Shares Outstanding18,929,933
10 Day Avg. Volume54,438
30 Day Avg. Volume75,611
Standard Deviation0.11
R-Squared0.28
Alpha-0.00983
Financial Highlights & Ratios
Price to Book (P/B)0.30
Price to Sales (P/S)1.64
Price to Cash Flow (P/CF)4.50
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
C$17.96Price Target Upside-6.00% 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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D.UN 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 C$13.84 and its highest was C$27.96 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 May 02, 2024 which is in 3 days.
How were Dream Office Real Estate Investment’s earnings last quarter?
Dream Office Real Estate Investment released its earnings results on Feb 15, 2024. The company reported -C$2.209 earnings per share for the quarter, missing the consensus estimate of N/A by -C$2.209.
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 C$0.08 which represents an annual dividend yield of 9.64%. 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 16,329,647 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 -C$2.209 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -11.87%.
Which hedge fund is a major shareholder of Dream Office Real Estate Investment?
Currently, no hedge funds are holding shares in TSE:D.UN
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Dream Office Real Estate Investment Stock Smart Score
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
C$17.96 (-6.00% Downside)
C$17.96 (-6.00% Downside)
Blogger Sentiment
Neutral
TSE:D.UN Sentiment 67%
Sector Average 68%
Sector Average 68%
Insider Transactions
Bought Shares
Worth $8.7M over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
11.26%
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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D.UN Company Deck
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D.UN Earnings Call
Q4 2024
0:00 / 0:00
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D.UN Stock 12 Months Forecast
Average Price Target
C$17.96
▼(-6.00% Downside)
Technical Analysis
Boston Properties
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SL Green Realty
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Dream Office Real Estate Investment
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Hudson Pacific Properties
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Vornado Realty
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Best Analysts Covering D.UN
1 Year
1 Year Success Rate
6/7 ratings generated profit
1 Year Average Return
+19.86%
reiterated a buy rating 5 days ago
Copying Matt Kornack's trades and holding each position for 1 Year would result in 85.71% of your transactions generating a profit, with an average return of +19.86% per trade.
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