Loading...
DIR.UN logo

Dream Industrial Real Estate Investment TrustTSX:DIR.UN Stock Report

Market Cap CA$3.9b
Share Price
CA$12.99
n/a
1Y9.4%
7D-2.6%
Portfolio Value
View

Dream Industrial Real Estate Investment Trust

TSX:DIR.UN Stock Report

Market Cap: CA$3.9b

Dream Industrial Real Estate Investment Trust (DIR.UN) Stock Overview

Dream Industrial REIT is an owner, manager and operator of a global portfolio of well-located, diversified industrial properties. More details

DIR.UN fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance4/6
Financial Health1/6
Dividends4/6

DIR.UN Community Fair Values

Create Narrative

See what 38 others think this stock is worth. Follow their fair value or set your own to get alerts.

Dream Industrial Real Estate Investment Trust Competitors

Price History & Performance

Summary of share price highs, lows and changes for Dream Industrial Real Estate Investment Trust
Historical stock prices
Current Share PriceCA$12.99
52 Week HighCA$13.62
52 Week LowCA$9.48
Beta1.27
1 Month Change3.42%
3 Month Change5.01%
1 Year Change9.44%
3 Year Change-5.80%
5 Year Change0.62%
Change since IPO19.17%

Recent News & Updates

Recent updates

User avatar

Canadian Lease Renewals Will Capitalize On 35% Market Rent Spreads

Strong leasing momentum and high market rent spreads could drive revenue growth through new leases and renewal upside potential.

Shareholder Returns

DIR.UNCA Industrial REITsCA Market
7D-2.6%-4.5%0.9%
1Y9.4%-1.3%30.6%

Return vs Industry: DIR.UN exceeded the Canadian Industrial REITs industry which returned 1% over the past year.

Return vs Market: DIR.UN underperformed the Canadian Market which returned 29.7% over the past year.

Price Volatility

Is DIR.UN's price volatile compared to industry and market?
DIR.UN volatility
DIR.UN Average Weekly Movement2.7%
Industrial REITs Industry Average Movement2.7%
Market Average Movement10.4%
10% most volatile stocks in CA Market19.6%
10% least volatile stocks in CA Market3.4%

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

Volatility Over Time: DIR.UN's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2012n/aAlex Sannikovwww.dreamindustrialreit.ca

Dream Industrial REIT is an owner, manager and operator of a global portfolio of well-located, diversified industrial properties. As at September 30, 2025, we have an interest in and manage a portfolio which comprises 340 assets (552 buildings) totaling approximately 73.2 million square feet of GLA in key markets across Canada, Europe and the U.S. Our goal is to deliver strong total returns to our unitholders through secure distributions as well as growth in net asset value and cash flow per unit underpinned by our high-quality portfolio and an investment grade balance sheet.

Dream Industrial Real Estate Investment Trust Fundamentals Summary

How do Dream Industrial Real Estate Investment Trust's earnings and revenue compare to its market cap?
DIR.UN fundamental statistics
Market capCA$3.93b
Earnings (TTM)CA$249.55m
Revenue (TTM)CA$522.43m
14.9x
P/E Ratio
7.1x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DIR.UN income statement (TTM)
RevenueCA$522.43m
Cost of RevenueCA$115.85m
Gross ProfitCA$406.58m
Other ExpensesCA$157.03m
EarningsCA$249.55m

Last Reported Earnings

Sep 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.87
Gross Margin77.83%
Net Profit Margin47.77%
Debt/Equity Ratio69.1%

How did DIR.UN perform over the long term?

See historical performance and comparison

Dividends

5.4%
Current Dividend Yield
47%
Payout Ratio

Does DIR.UN pay a reliable dividends?

See DIR.UN dividend history and benchmarks
When do you need to buy DIR.UN by to receive an upcoming dividend?
Dream Industrial Real Estate Investment Trust dividend dates
Ex Dividend DateJan 30 2026
Dividend Pay DateFeb 13 2026
Days until Ex dividend2 days
Days until Dividend pay date16 days

Does DIR.UN pay a reliable dividends?

See DIR.UN dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/26 18:53
End of Day Share Price 2026/01/26 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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

Dream Industrial Real Estate Investment Trust is covered by 13 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael MarkidisBMO Capital Markets Equity Research
Mark RothschildCanaccord Genuity
Tal WoolleyCIBC Capital Markets