Dream Unlimited (TSE:DRM) Reaches New 12-Month High at $32.18

Dream Unlimited Corp. (TSE:DRM) shares reached a new 52-week high on Monday . The stock traded as high as C$32.18 and last traded at C$32.88, with a volume of 24498 shares changing hands. The stock had previously closed at C$32.79.

Wall Street Analyst Weigh In

Separately, TD Securities lifted their price target on shares of Dream Unlimited from C$33.00 to C$35.00 and gave the company a “buy” rating in a research report on Wednesday, September 4th.

Dream Unlimited Price Performance

The company has a market cap of C$1.33 billion, a P/E ratio of -298.09 and a beta of 1.35. The company has a debt-to-equity ratio of 129.72, a quick ratio of 0.67 and a current ratio of 1.45. The firm has a 50 day moving average price of C$25.04 and a two-hundred day moving average price of C$21.27.

Dream Unlimited (TSE:DRM) last issued its quarterly earnings data on Tuesday, August 13th. The company reported C$1.47 earnings per share (EPS) for the quarter. Dream Unlimited had a negative return on equity of 0.25% and a negative net margin of 0.64%. The business had revenue of C$178.27 million for the quarter. On average, analysts predict that Dream Unlimited Corp. will post 2.0006101 EPS for the current fiscal year.

Dream Unlimited Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 30th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.83%. The ex-dividend date is Friday, September 13th. Dream Unlimited’s payout ratio is -545.45%.

Dream Unlimited Company Profile

Dream Unlimited Corp. formerly known as Dundee Realty Corporation is a real estate investment firm. The firm provides real estate asset management and advisory services including sourcing, acquiring, managing, and developing commercial and residential real estate primarily in Western Canada. It invests in the real estate markets across the globe.