Buy, Sell or Hold: Dream Industrial REIT (DIR.UN-T) — Stock Predictions at Stockchase

TSE:DIR.UN

11.97

0.04 (0.35%) 1d

Showing 1 to 15 of 73 entries

DON'T BUY

Likes the industrial REITs through and post-pandemic. Great assets. Problem is valuation, plus he's never like the external management contract. See his Top Picks.

REAL ESTATE

BUY

E-commerce drives these REITs. Two weeks ago when Amazon reported, these REITS fell 20%, because Amazon said they have built enough capacity. But e-commerce still has a big runway for growth, especially Canada. The space is consolidating now, like Prologis and Blackstone, and he expects more. Rental rates of these industrial spaces continues to rise and the spaces are full. He also likes Summit REIT (he owns), and Granite. Also likes Dream.

REAL ESTATE

TOP PICK

Is in industrial warehouse space in U.S., Canada and Europe with Europe being the most exciting. A good place to be because of e-commerce and the theme 'less miles delivery'.

REAL ESTATE

HOLD

Industrial REITs have done well because of the demand for industrial, storing, and warehousing. He thinks for this year industrial REITs are going to continue to outperform broader REITs as well as the broader markets. Already priced in and not likely to get higher.

REAL ESTATE

BUY

Focused on industrial assets in Europe, Canada, US. Upside from external growth, plus Canadian portfolio is well positioned in Toronto and Montreal, the two tightest markets in Canada. Discount to NAV, nice yield.

REAL ESTATE

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Cash flow per unit beat estimates by 7%. Year over year, it grew 25%. NAV was up 19% and rental income rose 43%. A solid quarter and it has made good acquisitions. Outlook remains good. Unlock Premium - Try 5i Free

REAL ESTATE

COMMENT

DIR.UN-T vs. COLD-N. He turned on COLD-N and reduced his holdings. It is now a show-me story. He would go with DIR.UN-T.

REAL ESTATE

Unlock Panic-Proof Portfolio and Top Stock Picks

Become a member Or, Sign In

PAST TOP PICK

(A Top Pick Jul 21/21, Down 4.4%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with DIR.UN has triggered its stop at $16. To remain disciplined, we recommend covering the position at this time. Combined with our previous buy recommendation, this results in a 0% net investment gain.

REAL ESTATE

BUY

Industrial focused REIT which he likes due to secular changes post-pandemic involving re-shoring and on-shoring - getting goods as close to the end user as possible. The portfolio is in the EU, US and Canada and is one of the best ways to play Europe. It has a wide discount to net asset value and a nice yield. It remains a buy for him.

REAL ESTATE

Unlock Panic-Proof Portfolio and Top Stock Picks

Become a member Or, Sign In

TOP PICK

Stockchase Research Editor: Michael O'Reilly We reiterate our TOP PICK recommendation of DIR.UN. As an industrial REIT it has benefitted from the supply chain needs created by the pandemic. It trades at 9x earnings compared to peers at 38x and is valued at under 1.5x book. It pays a great dividend backed by a payout ratio under 50% of cash flow. We would buy this with a stop loss at $16. As we continue to view this as a defensive stock, we will hold this under our stop is triggered. (Analysts’ price target is $17.03)

REAL ESTATE

WATCH

Industrial and multi-apartment REITs were beneficiaries of the pandemic. Good assets. Great demand. As it's already done so very well out of the pandemic, he's waiting. He's been shy to own the Dream stocks because he prefers when management is incentivized by profitability.

REAL ESTATE

BUY

Owns properties in Canada, US, and Europe. He's bullish. Still upside, based on valuation. Easy to see NAV north of $17, based on cap rates in the private market. Distribution yield is very safe. A number of tailwinds, including e-commerce as #1. Supply chain reorganization will make rents rise dramatically.

REAL ESTATE

Unlock Panic-Proof Portfolio and Top Stock Picks

Become a member Or, Sign In

TOP PICK

Stockchase Research Editor: Michael O'Reilly DIR is a leading dividend payer that will benefit with the re-opening of the economy. It has a great yield, backed by a payout ratio under 50% of cash flow. It trades at 10x earnings compared to peers at 17x and is valued at just 1.2x book value. Good value here. We would buy this with a stop loss at $12.50. We like this as a defensive holding, so would continue to hold this until it triggers our trailing stop. Yield 4.61% (Analysts’ price target is $15.66)

REAL ESTATE

TOP PICK

Warehouses for E-commerce. It is growing nicely. They just announced an interesting transaction where they will grow their portfolio dramatically. It will become the best North American industrial real estate play you can buy in North America through a publically traded company. The stock has been temporarily depressed by a stock issuance to fund their acquisition. (Analysts’ price target is $15.31)

REAL ESTATE

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. In the current environment, industrial or residential REITs are preferable. It is fairly cheap and the distribution is safe. Unlock Premium - Try 5i Free

REAL ESTATE

Showing 1 to 15 of 73 entries

Dream Industrial REIT(DIR.UN-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 6

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 8

Stockchase rating for Dream Industrial REIT is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Dream Industrial REIT(DIR.UN-T) Frequently Asked Questions

What is Dream Industrial REIT stock symbol?

Dream Industrial REIT is a Canadian stock, trading under the symbol DIR.UN-T on the Toronto Stock Exchange (DIR.UN-CT). It is usually referred to as TSX:DIR.UN or DIR.UN-T

Is Dream Industrial REIT a buy or a sell?

In the last year, 8 stock analysts published opinions about DIR.UN-T. 6 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Dream Industrial REIT.

Is Dream Industrial REIT a good investment or a top pick?

Dream Industrial REIT was recommended as a Top Pick by on . Read the latest stock experts ratings for Dream Industrial REIT.

Why is Dream Industrial REIT stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Dream Industrial REIT worth watching?

8 stock analysts on Stockchase covered Dream Industrial REIT In the last year. It is a trending stock that is worth watching.

What is Dream Industrial REIT stock price?

On 2022-06-29, Dream Industrial REIT (DIR.UN-T) stock closed at a price of $11.97.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.