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
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 3/6 |
| Past Performance | 4/6 |
| Financial Health | 1/6 |
| Dividends | 4/6 |
DIR.UN Community Fair Values
See what 36 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
| Historical stock prices | |
|---|---|
| Current Share Price | CA$12.37 |
| 52 Week High | CA$13.47 |
| 52 Week Low | CA$9.48 |
| Beta | 1.17 |
| 1 Month Change | 0.49% |
| 3 Month Change | 5.19% |
| 1 Year Change | -7.41% |
| 3 Year Change | 10.74% |
| 5 Year Change | 3.08% |
| Change since IPO | 13.49% |
Recent News & Updates
Recent updates
Shareholder Returns
| DIR.UN | CA Industrial REITs | CA Market | |
|---|---|---|---|
| 7D | 0.3% | -0.5% | 1.2% |
| 1Y | -7.4% | -2.8% | 18.9% |
Return vs Industry: DIR.UN underperformed the Canadian Industrial REITs industry which returned -2.7% over the past year.
Return vs Market: DIR.UN underperformed the Canadian Market which returned 18.8% over the past year.
Price Volatility
| DIR.UN volatility | |
|---|---|
| DIR.UN Average Weekly Movement | 2.4% |
| Industrial REITs Industry Average Movement | 3.3% |
| Market Average Movement | 9.9% |
| 10% most volatile stocks in CA Market | 20.4% |
| 10% least volatile stocks in CA Market | 3.0% |
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 (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2012 | n/a | Alex Sannikov | www.dreamindustrialreit.ca |
Dream Industrial REIT is an owner, manager and operator of a global portfolio of well-located, diversified industrial properties. As at June 30, 2025, the REIT has an interest in and manages a portfolio which comprises 338 industrial assets (550 buildings) totalling approximately 72.9 million square feet of gross leasable area in key markets across Canada, Europe, and the U.S. The 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.
Dream Industrial Real Estate Investment Trust Fundamentals Summary
| DIR.UN fundamental statistics | |
|---|---|
| Market cap | CA$3.70b |
| Earnings (TTM) | CA$217.56m |
| Revenue (TTM) | CA$515.42m |
Is DIR.UN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| DIR.UN income statement (TTM) | |
|---|---|
| Revenue | CA$515.42m |
| Cost of Revenue | CA$113.97m |
| Gross Profit | CA$401.45m |
| Other Expenses | CA$183.89m |
| Earnings | CA$217.56m |
Last Reported Earnings
Jun 30, 2025
Next Earnings Date
Nov 04, 2025
| Earnings per share (EPS) | 0.76 |
| Gross Margin | 77.89% |
| Net Profit Margin | 42.21% |
| Debt/Equity Ratio | 66.2% |
How did DIR.UN perform over the long term?
See historical performance and comparisonDividends
Does DIR.UN pay a reliable dividends?
See DIR.UN dividend history and benchmarks| Dream Industrial Real Estate Investment Trust dividend dates | |
|---|---|
| Ex Dividend Date | Oct 31 2025 |
| Dividend Pay Date | Nov 14 2025 |
| Days until Ex dividend | 1 day |
| Days until Dividend pay date | 15 days |
Does DIR.UN pay a reliable dividends?
See DIR.UN dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/28 12:23 |
| End of Day Share Price | 2025/10/28 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* 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 15 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Heather Kirk | BMO Capital Markets Equity Research |
| Pauline Alimchandani | BMO Capital Markets Equity Research |
| Michael Markidis | BMO Capital Markets Equity Research |

