Dream Industrial Real Estate Investment Trust DIR.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 DIR.UN is a good fit for your portfolio.
News
-
Dream Industrial REIT Announces April 2024 Monthly Distribution
-
Dream Industrial REIT Q1 2024 Financial Results Release Date, Webcast and Conference Call
-
Dream Industrial REIT Announces March 2024 Monthly Distribution
-
Dream Industrial REIT Announces February 2024 Monthly Distribution
-
Dream Industrial REIT Reports Strong Q4 2023 and Year-End Financial Results
Trading Information
- Previous Close Price
- CAD 12.47
- Day Range
- CAD 12.32–12.62
- 52-Week Range
- CAD 11.53–14.96
- Bid/Ask
- CAD 12.35 / CAD 12.35
- Market Cap
- CAD 3.57 Bil
- Volume/Avg
- 364,946 / 526,480
Key Statistics
- Price/Earnings (Normalized)
- 14.05
- Price/Sales
- 7.92
- Dividend Yield (Trailing)
- 5.63%
- Dividend Yield (Forward)
- 5.63%
- Total Yield
- 5.63%
Company Profile
Dream Industrial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust. Its portfolio comprises industrial properties located in key markets across Canada, Europe and the USA. Its objective is to build upon and grow its portfolio and to provide stable and sustainable cash distributions to its unitholders. Geographically the business is organized into Ontario, Quebec, Western Canada, Europe and the USA. Substantial revenue is derived from the European portfolio.
- Sector
- Real Estate
- Industry
- REIT - Industrial
- Stock Style Box
- Mid Value
- Total Number of Employees
- 108
Comparables
Valuation
|
Metric
|
DIR.UN
|
MRG.UN
|
MRT.UN
|
|---|---|---|---|
Price/Earnings (Normalized) | 14.05 | 10.81 | 5.92 |
Price/Book Value | 0.78 | 0.31 | 0.35 |
Price/Sales | 7.92 | 1.81 | 1.33 |
Price/Cash Flow | 15.37 | 6.91 | 6.18 |
Price/Earnings
DIR.UN
MRG.UN
MRT.UN
Financial Strength
|
Metric
|
DIR.UN
|
MRG.UN
|
MRT.UN
|
|---|---|---|---|
Quick Ratio | 0.19 | 0.12 | 0.04 |
Current Ratio | 0.21 | 0.19 | 0.04 |
Interest Coverage | 2.59 | 4.19 | −0.22 |
Quick Ratio
DIR.UN
MRG.UN
MRT.UN
Profitability
|
Metric
|
DIR.UN
|
MRG.UN
|
MRT.UN
|
|---|---|---|---|
Return on Assets (Normalized) | 2.03% | 3.91% | −3.18% |
Return on Equity (Normalized) | 3.47% | 8.82% | −7.37% |
Return on Invested Capital (Normalized) | 2.76% | 6.27% | −0.58% |
Return on Assets
DIR.UN
MRG.UN
MRT.UN
REIT - Industrial Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
PLD
| Prologis Inc | Qxnznwlc | Ngftv | $97.1 Bil | |
PSA
| Public Storage | Cblvrphxn | Zmbr | $46.2 Bil | |
EXR
| Extra Space Storage Inc | Vhcdspwsbr | Tft | $29.1 Bil | |
SEGXF
| Segro PLC | — | Tth | $14.3 Bil | |
REXR
| Rexford Industrial Realty Inc | — | Qfp | $9.5 Bil | |
CUBE
| CubeSmart | Psbpqvbky | Plpx | $9.3 Bil | |
ACDSF
| CapitaLand Ascendas REIT Units | — | Chywm | $8.7 Bil | |
EGP
| EastGroup Properties Inc | — | Hyztrn | $7.6 Bil | |
COLD
| Americold Realty Trust Inc | Mkxwnpzd | Jvch | $6.4 Bil | |
STAG
| Stag Industrial Inc | — | Tpzjp | $6.3 Bil |