Scotia Issues Pessimistic Forecast for Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) Stock Price

Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) had its price target cut by equities researchers at Scotia from C$16.50 to C$16.00 in a research report issued on Thursday, BayStreet reports. The firm currently has a “sector outperform” rating on the stock. Scotia‘s price target would indicate a potential upside of 23.93% from the company’s current price.

Other analysts also recently issued reports about the stock. National Bank Financial increased their price target on shares of Dream Industrial Real Estate Invest Trst from C$14.75 to C$15.00 and gave the company an “outperform” rating in a report on Thursday. TD boosted their price objective on shares of Dream Industrial Real Estate Invest Trst from C$15.50 to C$16.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Canaccord Genuity Group upped their price objective on shares of Dream Industrial Real Estate Invest Trst from C$15.50 to C$16.50 and gave the company a “buy” rating in a research report on Thursday, August 6th. Finally, Desjardins increased their target price on shares of Dream Industrial Real Estate Invest Trst from C$15.50 to C$16.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Eight analysts have rated the stock with a Buy rating. According to data from MarketBeat, Dream Industrial Real Estate Invest Trst presently has a consensus rating of “Buy” and an average price target of C$15.33.

Dream Industrial Real Estate Invest Trst Price Performance

TSE DIR.UN remained flat at C$12.91 during trading on Thursday. The company’s stock had a trading volume of 827,605 shares, compared to its average volume of 614,513. Dream Industrial Real Estate Invest Trst has a 52 week low of C$11.81 and a 52 week high of C$14.85. The firm has a market cap of C$3.71 billion, a price-to-earnings ratio of 20.14 and a beta of 1.06. The business’s 50 day moving average is C$12.90 and its 200 day moving average is C$13.45. The company has a current ratio of 0.40, a quick ratio of 0.24 and a debt-to-equity ratio of 63.72.

Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) last announced its quarterly earnings data on Wednesday, November 4th. The company reported C$0.23 earnings per share (EPS) for the quarter. Dream Industrial Real Estate Invest Trst had a net margin of 37.00% and a return on equity of 3.88%. The business had revenue of C$131.30 million for the quarter. On average, equities analysts expect that Dream Industrial Real Estate Invest Trst will post 0.89 earnings per share for the current year.

About Dream Industrial Real Estate Invest Trst

Dream Industrial REIT is an owner, manager and operator of a global portfolio of well-located, diversified industrial properties. As at June 30, 2026, Dream Industrial REIT has an interest in and manages a portfolio which comprises 348 industrial assets (565 buildings) totalling approximately 75.7 million square feet of gross leasable area in key markets across Canada, Europe, and the U.S. Dream Industrial REIT’s objective is to deliver strong total returns to its unitholders through secure distributions as well as growth in net asset value and cash flow per unit underpinned by its high-quality portfolio and an investment grade balance sheet.