Dream Industrial Real Estate Invest Trst (DIR) Expected to Post Q4 2017 Earnings of $0.23 Per Share

Dream Industrial Real Estate Invest Trst (TSE:DIR) – Analysts at National Bank Financial issued their Q4 2017 earnings per share (EPS) estimates for shares of Dream Industrial Real Estate Invest Trst in a report released on Monday. National Bank Financial analyst M. Kornack anticipates that the company will post earnings per share of $0.23 for the quarter. National Bank Financial currently has a “Outperfrom Under Weight” rating on the stock. National Bank Financial also issued estimates for Dream Industrial Real Estate Invest Trst’s FY2019 earnings at $0.95 EPS.

Separately, Desjardins raised Dream Industrial Real Estate Invest Trst from a “hold” rating to a “buy” rating in a report on Wednesday, November 22nd.

Shares of Dream Industrial Real Estate Invest Trst (TSE DIR) opened at C$9.05 on Wednesday. Dream Industrial Real Estate Invest Trst has a fifty-two week low of C$8.03 and a fifty-two week high of C$9.49. The company has a market capitalization of $677.39, a price-to-earnings ratio of 226.25 and a beta of 0.46.

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About Dream Industrial Real Estate Invest Trst

Dream Industrial Real Estate Investment Trust is an open-ended investment trust. The Trust’s objective is managing its business to provide growing cash flow and stable and sustainable returns, through adapting its strategy and tactics to changes in the real estate industry and the economy; building and maintaining a diversified, growth-oriented portfolio of light industrial properties in Canadian markets based on an established platform; providing predictable and sustainable cash distributions to unitholders while prudently managing its capital structure over time, and maintaining a REIT that satisfies the REIT exception under the specified investment flow-through (SIFT) legislation in order to provide certainty to unitholders with respect to taxation of distributions.

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