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DRI Healthcare TrustTSX:DHT.UN Stock Report

Market Cap CA$987.6m
Share Price
CA$18.50
CA$19.91
7.1% undervalued intrinsic discount
1Y41.1%
7D9.5%
1D
Portfolio Value
View

DRI Healthcare Trust

TSX:DHT.UN Stock Report

Market Cap: CA$987.6m

DRI Healthcare Trust (DHT.UN) Stock Overview

Focuses on managing and growing a portfolio of pharmaceutical royalties. More details

DHT.UN fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance0/6
Financial Health2/6
Dividends2/6

DHT.UN Community Fair Values

Create Narrative

See what 9 others think this stock is worth. Follow their fair value or set your own to get alerts.

DRI Healthcare Trust Competitors

Price History & Performance

Summary of share price highs, lows and changes for DRI Healthcare Trust
Historical stock prices
Current Share PriceCA$18.50
52 Week HighCA$18.56
52 Week LowCA$12.80
Beta0.65
1 Month Change13.15%
3 Month Change10.98%
1 Year Change41.11%
3 Year Change83.71%
5 Year Change89.16%
Change since IPO48.59%

Recent News & Updates

Narrative Update May 26

DHT.UN: Higher Profitability Assumptions Will Support Future Earnings Power

Analysts lifted their price target on DRI Healthcare Trust to CA$23 from CA$22, citing updated views on fair value, profitability and P/E assumptions as reflected in recent research updates. Analyst Commentary Bullish analysts have been steadily revisiting their assumptions on DRI Healthcare Trust, with a series of upward price target revisions over recent research updates.
Narrative Update May 03

DHT.UN: Higher P/E Assumptions Will Support Future Earnings Power

Analysts have nudged their price target on DRI Healthcare Trust higher to CA$21, citing updated assumptions for fair value, revenue growth, profit margins and future P/E as key drivers of the change. Analyst Commentary Recent price target moves on DRI Healthcare Trust point to a more constructive stance from bullish analysts, who are fine tuning their fair value views as they revisit assumptions around earnings power and valuation multiples.
Narrative Update Apr 19

DHT.UN: Higher Revenue And Margin Assumptions Will Support Future Earnings Power

Analysts have lifted their price target on DRI Healthcare Trust to CA$21, a CA$1 increase, citing updated views on revenue growth, profit margins, and forward P/E assumptions that contribute to a slightly revised fair value estimate. Analyst Commentary Bullish analysts have recently adjusted their view on DRI Healthcare Trust, with a higher price target of CA$21 now reflecting updated assumptions on revenue, margins, and forward P/E.
Narrative Update Apr 03

DHT.UN: Higher Fair Value Assumptions And Buybacks Will Support Future Earnings Power

Analysts have increased their CA$ price target on DRI Healthcare Trust by CA$1, citing updated assumptions around fair value, revenue growth, profit margins and future P/E estimates. Analyst Commentary Recent research points to a more constructive stance on DRI Healthcare Trust, with bullish analysts adjusting their CA$ price targets upward as they refresh models for fair value, revenue growth, profit margins and future P/E expectations.

Recent updates

Narrative Update May 26

DHT.UN: Higher Profitability Assumptions Will Support Future Earnings Power

Analysts lifted their price target on DRI Healthcare Trust to CA$23 from CA$22, citing updated views on fair value, profitability and P/E assumptions as reflected in recent research updates. Analyst Commentary Bullish analysts have been steadily revisiting their assumptions on DRI Healthcare Trust, with a series of upward price target revisions over recent research updates.
Narrative Update May 03

DHT.UN: Higher P/E Assumptions Will Support Future Earnings Power

Analysts have nudged their price target on DRI Healthcare Trust higher to CA$21, citing updated assumptions for fair value, revenue growth, profit margins and future P/E as key drivers of the change. Analyst Commentary Recent price target moves on DRI Healthcare Trust point to a more constructive stance from bullish analysts, who are fine tuning their fair value views as they revisit assumptions around earnings power and valuation multiples.
Narrative Update Apr 19

DHT.UN: Higher Revenue And Margin Assumptions Will Support Future Earnings Power

Analysts have lifted their price target on DRI Healthcare Trust to CA$21, a CA$1 increase, citing updated views on revenue growth, profit margins, and forward P/E assumptions that contribute to a slightly revised fair value estimate. Analyst Commentary Bullish analysts have recently adjusted their view on DRI Healthcare Trust, with a higher price target of CA$21 now reflecting updated assumptions on revenue, margins, and forward P/E.
Narrative Update Apr 03

DHT.UN: Higher Fair Value Assumptions And Buybacks Will Support Future Earnings Power

Analysts have increased their CA$ price target on DRI Healthcare Trust by CA$1, citing updated assumptions around fair value, revenue growth, profit margins and future P/E estimates. Analyst Commentary Recent research points to a more constructive stance on DRI Healthcare Trust, with bullish analysts adjusting their CA$ price targets upward as they refresh models for fair value, revenue growth, profit margins and future P/E expectations.
Narrative Update Mar 20

DHT.UN: Higher P/E Assumptions And Buybacks Will Support Future Earnings Power

Analysts have nudged their fair value estimate for DRI Healthcare Trust to CA$22.76 from CA$22.51, citing a higher CA$21 price target and updated assumptions on revenue growth, profit margins, and future P/E multiples. Analyst Commentary Bullish analysts have reacted positively to the latest assumptions for DRI Healthcare Trust, with one firm lifting its price target to CA$21.
Narrative Update Mar 06

DHT.UN: Updated Assumptions And Distribution Policy Will Support Future Earnings Power

Analysts have lifted their price target on DRI Healthcare Trust to CA$21 from CA$20, citing updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E in their models. Analyst Commentary Recent research points to a slightly higher fair value for DRI Healthcare Trust, with bullish analysts now using a CA$21 price target in their models instead of CA$20.
Narrative Update Jan 26

DHT.UN: Higher Revenue And Margin Assumptions Will Support Future Earnings Power

Narrative Update Analysts have lifted their price target on DRI Healthcare Trust to C$19.50 from C$19.00, citing updated assumptions for revenue growth, profit margins and future P/E multiples that support a slightly higher fair value outlook. Analyst Commentary Bullish analysts are signaling slightly stronger confidence in DRI Healthcare Trust, reflected in the updated C$19.50 price target.
Narrative Update Jan 12

DHT.UN: Rising Royalty Cash Flows Will Support Higher Future Earnings Power

Analysts have nudged their average price target for DRI Healthcare Trust higher, with recent moves from C$17.50 to C$19 and then to C$19.50, supported by updated assumptions on fair value, revenue growth, profit margins and future P/E levels. Analyst Commentary Recent research on DRI Healthcare Trust shows a cluster of higher price targets, with bullish analysts lifting their fair value views into the high teens and low C$20s.
Narrative Update Dec 27

DHT.UN: Rising Royalty Cash Flows Will Support Stronger Future Earnings

Analysts have nudged their average price target on DRI Healthcare Trust higher, from about C$19.00 to roughly C$21.00, citing stronger expected revenue growth, improved profit margins, and a lower forward valuation multiple that they say enhances the stock's risk reward profile. Analyst Commentary Bullish analysts have recently revised their models to reflect stronger fundamental execution at DRI Healthcare Trust, lifting price targets to the low C$20 range and reinforcing positive views on the trust's earnings power and cash flow visibility.
Narrative Update Dec 13

DHT.UN: Future Royalty Acquisitions Will Support Outperformance Versus Current Unit Price

The analyst price target for DRI Healthcare Trust has been modestly increased to approximately C$19.50, reflecting analysts' slightly higher expectations for long term revenue growth and valuation multiples, despite a marginally lower fair value estimate. Analyst Commentary Bullish analysts have recently raised their price targets on DRI Healthcare Trust, signaling growing confidence in the trust's ability to execute on its pipeline of royalty acquisitions and sustain revenue growth.
Narrative Update Nov 28

DHT.UN: Shares Will Benefit From Improved Performance And Outperform Ratings

Analysts have increased their price targets for DRI Healthcare Trust, with recent revisions moving expectations higher by up to C$2 per share. They cite continued positive revenue growth and resilient performance metrics.
Narrative Update Nov 13

DHT.UN: Price Momentum Will Continue As Profit Margins Are Expected To Improve

Analysts have modestly increased their price target for DRI Healthcare Trust, with recent updates moving from approximately C$19 to a range between C$19.50 and C$21. This reflects improved profit margin expectations and an updated outlook on the company’s future performance.
Narrative Update Oct 29

Sustained Profit Margins And Buybacks Will Drive Enduring Market Potential

Analysts have increased their price target for DRI Healthcare Trust, raising it from approximately C$18.82 to C$20.01. They cited improved revenue growth forecasts and stable profitability metrics as key drivers behind the upgrade.
User avatar
New Narrative Jan 16

Management Changes And Casgevy Deal Will Diversify Portfolio And Improve Efficiency

Recent management changes and innovative transactions are enhancing efficiency and diversifying the portfolio, supporting sustained revenue growth.
Analysis Article May 18

We Think DRI Healthcare Trust's (TSE:DHT.U) Solid Earnings Are Understated

The recent earnings posted by DRI Healthcare Trust ( TSE:DHT.U ) were solid, but the stock didn't move as much as we...

Shareholder Returns

DHT.UNCA PharmaceuticalsCA Market
7D9.5%6.2%-0.4%
1Y41.1%65.1%32.1%

Return vs Industry: DHT.UN underperformed the Canadian Pharmaceuticals industry which returned 65.1% over the past year.

Return vs Market: DHT.UN exceeded the Canadian Market which returned 32.1% over the past year.

Price Volatility

Is DHT.UN's price volatile compared to industry and market?
DHT.UN volatility
DHT.UN Average Weekly Movement4.2%
Pharmaceuticals Industry Average Movement11.2%
Market Average Movement10.1%
10% most volatile stocks in CA Market17.6%
10% least volatile stocks in CA Market3.8%

Stable Share Price: DHT.UN has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: DHT.UN's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
202032n/awww.dricapital.com

DRI Healthcare Trust focuses on managing and growing a portfolio of pharmaceutical royalties. It owns a portfolio of 18 royalties derived from the sale of 14 various pharmaceutical products that focuses on eight therapeutic areas. The company was incorporated in 2020 and is headquartered in Toronto, Canada.

DRI Healthcare Trust Fundamentals Summary

How do DRI Healthcare Trust's earnings and revenue compare to its market cap?
DHT.UN fundamental statistics
Market capCA$987.56m
Earnings (TTM)-CA$68.85m
Revenue (TTM)CA$273.72m
3.7x
P/S Ratio
-14.8x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DHT.UN income statement (TTM)
RevenueUS$197.59m
Cost of RevenueUS$0
Gross ProfitUS$197.59m
Other ExpensesUS$247.29m
Earnings-US$49.70m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.90
Gross Margin100.00%
Net Profit Margin-25.15%
Debt/Equity Ratio105.2%

How did DHT.UN perform over the long term?

See historical performance and comparison

Dividends

3.3%
Current Dividend Yield
-43%
Payout Ratio

Does DHT.UN pay a reliable dividends?

See DHT.UN dividend history and benchmarks
When do you need to buy DHT.UN by to receive an upcoming dividend?
DRI Healthcare Trust dividend dates
Ex Dividend DateJun 30 2026
Dividend Pay DateJul 20 2026
Days until Ex dividend27 days
Days until Dividend pay date47 days

Does DHT.UN pay a reliable dividends?

See DHT.UN dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/02 23:46
End of Day Share Price 2026/06/02 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

DRI Healthcare Trust is covered by 17 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David MartinBloom Burton & Co.
Tania Armstrong-WhitworthCanaccord Genuity
Erin KyleCIBC Capital Markets