Dream Unlimited (DRM) Set to Post Earnings on Tuesday

Dream Unlimited (TSE:DRM) will issue its quarterly earnings data after the market closes on Tuesday, November 12th.

Dream Unlimited (TSE:DRM) last released its quarterly earnings results on Tuesday, August 13th. The company reported C$1.47 EPS for the quarter. Dream Unlimited had a negative return on equity of 0.25% and a negative net margin of 0.64%. The firm had revenue of C$178.27 million during the quarter.

Dream Unlimited Price Performance

The company’s fifty day moving average is C$30.51 and its 200-day moving average is C$24.18. Dream Unlimited has a 12-month low of C$16.98 and a 12-month high of C$33.95. 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 company has a market capitalization of C$1.16 billion, a P/E ratio of -259.64 and a beta of 1.39.

Dream Unlimited Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Monday, September 30th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of ∞. The ex-dividend date was Friday, September 13th. Dream Unlimited’s payout ratio is -545.45%.

Analyst Ratings Changes

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

About Dream Unlimited

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.