Dream Industrial Real Estate Invest Trst (TSE:DIR.UN – Get Free Report) shares hit a new 52-week high on Wednesday . The stock traded as high as C$14.83 and last traded at C$14.80, with a volume of 417496 shares trading hands. The stock had previously closed at C$14.73.
Wall Street Analyst Weigh In
Separately, TD raised their target price on shares of Dream Industrial Real Estate Invest Trst from C$15.00 to C$15.50 and gave the stock a “buy” rating in a report on Thursday, May 7th. Six research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Dream Industrial Real Estate Invest Trst has an average rating of “Buy” and a consensus price target of C$15.04.
Get Our Latest Stock Analysis on DIR.UN
Dream Industrial Real Estate Invest Trst Stock Performance
Dream Industrial Real Estate Invest Trst (TSE:DIR.UN – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The company reported C$0.21 earnings per share (EPS) for the quarter. Dream Industrial Real Estate Invest Trst had a return on equity of 3.88% and a net margin of 37.00%.The firm had revenue of C$130.46 million during the quarter. As a group, sell-side analysts expect that Dream Industrial Real Estate Invest Trst will post 0.892928 EPS for the current year.
Dream Industrial Real Estate Invest Trst 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 and the U.S. 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 Canadian portfolio.
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