Shares of Dream Office Real Estate Investment Trst (TSE:D.UN – Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$17.58 and traded as high as C$18.01. Dream Office Real Estate Investment Trst shares last traded at C$17.92, with a volume of 3,910 shares traded.
Wall Street Analyst Weigh In
D.UN has been the topic of a number of analyst reports. Desjardins raised their price objective on shares of Dream Office Real Estate Investment Trst from C$18.50 to C$20.00 and gave the company a “hold” rating in a report on Tuesday, August 11th. National Bank Financial increased their price objective on Dream Office Real Estate Investment Trst from C$20.00 to C$20.50 and gave the company a “sector perform” rating in a report on Monday, August 10th. Finally, TD boosted their target price on Dream Office Real Estate Investment Trst from C$18.50 to C$19.00 and gave the stock a “hold” rating in a research note on Tuesday, August 11th. Four research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of C$20.17.
Get Our Latest Stock Report on Dream Office Real Estate Investment Trst
Dream Office Real Estate Investment Trst Stock Performance
Dream Office Real Estate Investment Trst (TSE:D.UN – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported C($0.38) earnings per share for the quarter. The firm had revenue of C$46.59 million during the quarter. Dream Office Real Estate Investment Trst had a negative net margin of 19.55% and a negative return on equity of 3.21%. On average, sell-side analysts predict that Dream Office Real Estate Investment Trst will post 1.4893899 earnings per share for the current fiscal year.
Dream Office Real Estate Investment Trst 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.
See Also
- Five stocks we like better than Dream Office Real Estate Investment Trst
- Is Duolingo the Next Netflix-Style Comeback Story?
- GitLab’s AI Tools Are Starting to Turn Developer Demand Into Real Revenue
- GTA VI’s Console Problem Isn’t Take-Two’s Problem
- Merchants Bancorp’s Rally Is Testing How Much Risk Investors Will Overlook
Receive News & Ratings for Dream Office Real Estate Investment Trst Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dream Office Real Estate Investment Trst and related companies with MarketBeat.com's FREE daily email newsletter.
