Dream Office Real Estate Investment Trust Registered Shs Series -A- D.UN
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if D.UN is a good fit for your portfolio.
News
-
Dream Office REIT Reports Q1 2024 Results
-
Dream Office REIT Announces April 2024 Monthly Distribution
-
Dream Office REIT Responds to Market Rumours
-
Dream Office REIT Announces March 2024 Monthly Distribution
-
Dream Office Real Estate Investment Trust Confirms Effective Date of Unit Consolidation
-
Dream Office REIT Announces February 2024 Post-Consolidation Monthly Distribution
-
Dream Office REIT Reports 2023 Year-End Results and Unit Consolidation; Annual Distribution to Remain Unchanged at $1.00 Per Unit Following Consolidation
Trading Information
- Previous Close Price
- CAD 18.31
- Day Range
- CAD 18.10–18.44
- 52-Week Range
- CAD 14.50–38.57
- Bid/Ask
- CAD 18.11 / CAD 18.39
- Market Cap
- CAD 298.56 Mil
- Volume/Avg
- 18,950 / 74,087
Key Statistics
- Price/Earnings (Normalized)
- 10.96
- Price/Sales
- 1.99
- Dividend Yield (Trailing)
- 9.56%
- Dividend Yield (Forward)
- 5.46%
- Total Yield
- 81.96%
Company Profile
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.
- Sector
- Real Estate
- Industry
- REIT - Office
- Stock Style Box
- Small Value
- Total Number of Employees
- 236
- Website
- https://www.dream.ca
Comparables
Valuation
Metric
|
D.UN
|
BEI.UN
|
CAR.UN
|
---|---|---|---|
Price/Earnings (Normalized) | 10.96 | 18.84 | 18.57 |
Price/Book Value | 0.25 | 0.85 | 0.82 |
Price/Sales | 1.99 | 6.09 | 7.23 |
Price/Cash Flow | 28.74 | 16.79 | 18.96 |
Price/Earnings
D.UN
BEI.UN
CAR.UN
Financial Strength
Metric
|
D.UN
|
BEI.UN
|
CAR.UN
|
---|---|---|---|
Quick Ratio | 0.05 | 0.25 | 0.18 |
Current Ratio | 0.06 | 0.28 | 0.25 |
Interest Coverage | −0.09 | 8.34 | 0.25 |
Quick Ratio
D.UN
BEI.UN
CAR.UN
Profitability
Metric
|
D.UN
|
BEI.UN
|
CAR.UN
|
---|---|---|---|
Return on Assets (Normalized) | −3.27% | 14.95% | −2.33% |
Return on Equity (Normalized) | −6.96% | 28.63% | −4.19% |
Return on Invested Capital (Normalized) | −2.04% | 16.86% | −1.39% |
Return on Assets
D.UN
BEI.UN
CAR.UN
REIT - Office Industry Comparables
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
---|---|---|---|---|---|
ARE
| Alexandria Real Estate Equities Inc | Gpdbwmnqk | Kdd | $21.7 Bil | |
BXP
| Boston Properties Inc | Mbdkwrf | Dnjl | $10.2 Bil | |
GECFF
| Gecina Nom | — | Gwxryh | $8.0 Bil | |
NBFJF
| Nippon Building Fund Inc | — | Cvdqgmx | $6.5 Bil | |
MRPRF
| Merlin Properties SOCIMI SA | — | Ydt | $5.6 Bil | |
DEXSF
| Dexus | — | Chsrsqc | $5.0 Bil | |
MPCMF
| Mapletree Pan Asia Commercial Trust Units Real Estate Investment Trust Reg | — | Vlc | $4.7 Bil | |
VNO
| Vornado Realty Trust | Pzqytbsd | Lmnx | $4.7 Bil | |
KRC
| Kilroy Realty Corp | Cymxljrhfz | Gcr | $4.1 Bil | |
SLG
| SL Green Realty Corp | Tvhmtyxm | Srhxl | $3.5 Bil |