DREAM Un Cl A stock analysis
Want to see TSE:DRM full AI Analyst Report?
DREAM Un Cl A (DRM) Stock Price & Analysis
DRM Stock Chart & Stats
- Day’s Range
- CAD 18.03 - CAD 19.35
- 52-Week Range
- CAD 16.02 - CAD 22.66
- Previous Close
- CAD 17.72
- Volume
- N/A
- Average Volume (3M)
- 44.87K
- Market Cap
- CAD 743.23M
- Enterprise Value
- CAD 2.73B
- Total Cash (Recent Filing)
- CAD 71.29M
- Total Debt (Recent Filing)
- CAD 2.10B
- Price to Earnings (P/E)
- 91.9
- Beta
- 1.19
- Next Earnings
- Feb 23, 2027 (Est.)
- EPS Estimate
- 0.82
- Last Dividend Ex-Date
- Sep 15, 2026
- Dividend Yield
- 3.55%
Bulls Say, Bears Say
Bulls Say
Asset Management Scale And Growth
The rapid expansion of assets under management creates a larger platform for recurring fees and performance income. Continued industrial acquisitions and European joint-venture opportunities can deepen client relationships, diversify earnings, and make asset management an increasingly durable profit engine.
Income-property Growth
High occupancy and lease-up activity support recurring property cash flow, while the apartment delivery pipeline provides a visible avenue for further NOI growth. A growing income-property base can reduce reliance on episodic development gains and strengthen earnings durability.
Improved Profitability And Cash Generation
The return to profitability alongside positive operating and free cash flow indicates improved financial conversion in the latest period. If sustained, stronger internal cash generation can support development investment, debt management, and operating resilience without relying solely on asset sales.
Bears Say
Revenue Contraction And Thin Net Margin
The sharp revenue decline and very thin net margin show that reported earnings remain sensitive to project timing, asset transactions, and operating conditions. This reduces predictability and leaves limited profit cushion if development activity or property performance weakens.
Meaningful Leverage And Low Returns
Rising leverage reduces financial flexibility and increases the importance of stable asset cash flows and refinancing access. Very low returns on the sizeable asset base also suggest that debt and capital are not yet producing strong shareholder returns, limiting balance-sheet efficiency.
Impact Trust Debt And Project Execution Risk
The substantial debt exposure and slow progress at key projects create an ongoing demand for support and management attention. Until commercial debt and project execution issues are resolved, Impact Trust can consume liquidity, delay returns, and weigh on the broader platform's financial flexibility.
DRM FAQ
What was DREAM Un Cl A’s price range in the past 12 months?
What is DREAM Un Cl A’s market cap?
When is DREAM Un Cl A’s upcoming earnings report date?
How were DREAM Un Cl A’s earnings last quarter?
Is DREAM Un Cl A overvalued?
Does DREAM Un Cl A pay dividends?
What is DREAM Un Cl A’s EPS estimate?
How many shares outstanding does DREAM Un Cl A have?
What happened to DREAM Un Cl A’s price movement after its last earnings report?
Which hedge fund is a major shareholder of DREAM Un Cl A?
What is the TipRanks Smart Score and how is it calculated?
DREAM Un Cl A Stock Smart Score
Company Description
DREAM Un Cl A
Dream Unlimited Corp., previously known as Dundee Realty Corporation, functions as a real estate investment enterprise. It delivers comprehensive real estate asset management and advisory solutions, covering the identification, acquisition, stewardship, and construction of commercial and residential properties, primarily concentrating on Western Canada. The company's real estate investment scope extends to global markets. Furthermore, the firm aims to invest in renewable energy infrastructure and power initiatives within North America, specifically targeting wind, hydroelectric, and solar projects. Established in 1996, Dream Unlimited Corp. maintains its corporate base in Toronto, Canada.
- Sector
- Realestate
- Industry
- Real Estate - Development
- CEO
- Michael J. Cooper
- Employees
- 273
- Website
- www.dream.ca
- Address
- State Street Financial Centre, Toronto, ON, M5C 3H1, CA
DREAM Un Cl A (DRM) Earnings & Revenues
DRM Earnings Call
Earnings Call SentimentPositive
The call was strongly constructive overall. Dream reported higher net margin, strong Asset Management performance, $31 billion of AUM, increased income-properties NOI, expanding apartment operations and substantial development and European growth opportunities. The primary challenges were the persistent share-price discount, modestly lower Western Canada development margin, no expected 2026 earnings from Other Investments, Impact Trust’s support and debt requirements, stalled or slow master-plan projects, and unfinished Quayside financing. Management nevertheless expressed confidence in liquidity, debt manageability and the long-term positioning of the business.
View all TSE:DRM earnings summariesDRM Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 14 | 4 | 3 |
| Technical Analysis | 2 | 4 | 3 |
| Moving Averages | 12 | 0 | 0 |
Similar Stocks
| Company | Price & Change | Follow |
|---|---|---|
| TSE:DIR.UNDream Industrl REIT | ||
| TSE:D.UNDream Office Real Estate Investment | ||
| TSE:NXR.UNNexus Real Estate Investment |








