Dream Office Real Estate Investment Trst (TSE:D.UN – Free Report) had its target price lowered by National Bank Financial from C$20.50 to C$17.50 in a research note published on Wednesday morning,BayStreet reports. The firm currently has a sector perform rating on the real estate investment trust’s stock.
Other research analysts also recently issued reports about the stock. TD boosted their price objective on shares of Dream Office Real Estate Investment Trst from C$18.50 to C$19.00 and gave the company a “hold” rating in a research report on Tuesday, August 11th. Desjardins upped their target price on Dream Office Real Estate Investment Trst from C$18.50 to C$20.00 and gave the stock a “hold” rating in a research note on Tuesday, August 11th. Four equities research analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, Dream Office Real Estate Investment Trst presently has a consensus rating of “Hold” and an average price target of C$18.90.
View Our Latest Stock Analysis on D.UN
Dream Office Real Estate Investment Trst Price Performance
D.UN stock opened at C$15.81 on Wednesday. The company’s 50-day moving average price is C$17.30 and its two-hundred day moving average price is C$17.67. The firm has a market cap of C$259.88 million, a P/E ratio of -3.72 and a beta of 1.13. The company has a quick ratio of 0.15, a current ratio of 0.08 and a debt-to-equity ratio of 115.31. Dream Office Real Estate Investment Trst has a 12 month low of C$15.35 and a 12 month high of C$19.85.
Dream Office Real Estate Investment Trst (TSE:D.UN – Get Free Report) last issued its quarterly earnings results 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 for the quarter. Dream Office Real Estate Investment Trst had a negative return on equity of 3.21% and a negative net margin of 19.55%. On average, analysts anticipate that Dream Office Real Estate Investment Trst will post 1.49 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.
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