PINX: DRETF
- Last Close 11.21
- Sector Real Estate
- Industry REIT - Office
- Investment Style Small Value
- Day Range 11.21 – 11.25
- Year Range 9.34 – 15.95
- Market Cap 505.7089 Mil
- Volume / Avg 200.0 / 694.8
- Price / Sales 3.35
- Price / Book 0.43
- Forward Div Yield 6.84%
- Trailing Div Yield 49.51%
Morningstar‘s Stock Analysis DRETF
1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings 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. Click here for more on how to use these ratings.
Company Profile DRETF
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.
Toronto, ON, M5C 3H1, CAN
Competitors & Peers DRETF
Morningstar does not cover competitors or peers for this firm.
FAQs for Dream Office Real Estate Investment Trust Registered Shs Series -A- Stock
Yes. DRETF has a forward dividend yield of 5.08%.
See
DRETF’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
DRETF’s market cap is 505.71 Mil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
DRETF’s stock style is Small Value.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
DRETF’s price/sales is 3.88.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
DRETF’s price/forward earnings is 58.90.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
DRETF’s price/book is 0.44.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See DRETF’s valuation ratios compared to the Market Index.
DRETF’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare DRETF’s historical performance against its industry peers and the overall market.