company background image
DRR.U logo

Dream Residential Real Estate Investment Trust TSX:DRR.U Stock Report

Last Price

US$6.52

Market Cap

US$130.4m

7D

0.2%

1Y

-18.4%

Updated

18 Apr, 2024

Data

Company Financials +

Dream Residential Real Estate Investment Trust

TSX:DRR.U Stock Report

Market Cap: US$130.4m

DRR.U Stock Overview

Dream Residential REIT is an unincorporated, open-ended real estate investment trust established and governed by the laws of the Province of Ontario.

DRR.U fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance0/6
Financial Health0/6
Dividends3/6

Dream Residential Real Estate Investment Trust Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Dream Residential Real Estate Investment Trust
Historical stock prices
Current Share PriceCA$6.52
52 Week HighCA$8.56
52 Week LowCA$5.37
Beta0
1 Month Change0.46%
3 Month Change-3.55%
1 Year Change-18.40%
3 Year Changen/a
5 Year Changen/a
Change since IPO-44.75%

Recent News & Updates

Recent updates

Shareholder Returns

DRR.UCA Residential REITsCA Market
7D0.2%-3.9%-1.9%
1Y-18.4%-5.2%3.7%

Return vs Industry: DRR.U underperformed the Canadian Residential REITs industry which returned -5.8% over the past year.

Return vs Market: DRR.U underperformed the Canadian Market which returned 3.6% over the past year.

Price Volatility

Is DRR.U's price volatile compared to industry and market?
DRR.U volatility
DRR.U Average Weekly Movement6.4%
Residential REITs Industry Average Movement3.1%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.3%
10% least volatile stocks in CA Market3.1%

Stable Share Price: DRR.U has not had significant price volatility in the past 3 months.

Volatility Over Time: DRR.U's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2022n/aBrian Paulswww.dreamresidentialreit.ca

Dream Residential REIT is an unincorporated, open-ended real estate investment trust established and governed by the laws of the Province of Ontario. The REIT owns a portfolio of garden-style multi-residential properties, primarily located in three markets across the Sunbelt and Midwest regions of the United States

Dream Residential Real Estate Investment Trust Fundamentals Summary

How do Dream Residential Real Estate Investment Trust's earnings and revenue compare to its market cap?
DRR.U fundamental statistics
Market capUS$130.42m
Earnings (TTM)-US$14.85m
Revenue (TTM)US$24.85m

4.3x

P/S Ratio

-7.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DRR.U income statement (TTM)
RevenueUS$24.85m
Cost of RevenueUS$1.04m
Gross ProfitUS$23.81m
Other ExpensesUS$38.66m
Earnings-US$14.85m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 08, 2024

Earnings per share (EPS)-0.93
Gross Margin95.83%
Net Profit Margin-59.75%
Debt/Equity Ratio63.1%

How did DRR.U perform over the long term?

See historical performance and comparison

Dividends

6.3%

Current Dividend Yield

38%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.