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

TSE:DIR.UN

16.58

0.17 (1.01%) 1d

Showing 1 to 15 of 64 entries

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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

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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

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Industrial REITs have done better than others. It has good post-covid recovery potential. Unlock Premium - Try 5i Free

REAL ESTATE

DON'T BUY

She likes the industrial REITs. They just started acquiring in Europe, but the industrial market is competitive globally. Occupancy has hit a 3-year low at 93% though. They collect rent well and have raised capital recently. This will continue to struggle and they are paying out a lot to maintain its dividend.

REAL ESTATE

HOLD

It is in the right sector. We are in the earlier innings of a whole change in the supply chains. It has recovered off its lows and is a safe hold. Longer term this is a really good stock to own. The distribution is quite safe.

REAL ESTATE

COMMENT

Industrial REITs The market down turn only increases the value of warehouse REITs. Supply chains are going to see dramatic changes post pandemic. Having a 7% yield in a company that can still grow is good. He holds WIR.

REAL ESTATE

WEAK BUY

All the REITs have generally sold off in unison. There are probably going to be both winners and losers going forwards. The losers will be those with more office space. Industrials should not be as affected. The yield and payout ratio look fine and it trades below its book value. Of the bunch, he would prefer this one over commercial REITs.

REAL ESTATE

COMMENT

Dream has been a very good performer in a very good space. It is still a little over valued at this level. He prefers WPT instead.

REAL ESTATE

DON'T BUY

As an Industrial property REIT, it is in a really good space. He tends to avoid companies with external management contracts. This may not make management be in alignment with shareholders -- "two for me; one for you". He has others he favours in the industrial space.

REAL ESTATE

DON'T BUY

His preference is to, rather than going into one particular name, he would go to a REIT ETF. There are several equal weight ETFs that do this. Get a basket of real estate trusts.

REAL ESTATE

HOLD

Dream Office vs. Dream Industrial Never a fan of Dream Office, which had a lot of Alberta exposure. He prefers the industrial side, which has performed better and faces little competition; there are only 3-4 industrial REITs in Canada. Hold both, don't buy or sell.

REAL ESTATE

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Dream Industrial REIT(DIR.UN-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 3

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, 3 stock analysts published opinions about DIR.UN-T. 3 analysts recommended to BUY the stock. 0 analysts 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?

3 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 2021-09-24, Dream Industrial REIT (DIR.UN-T) stock closed at a price of $16.58.

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