Dream Unlimited (DRM) to Release Earnings on Tuesday

Dream Unlimited (TSE:DRM) is scheduled to be releasing its earnings data after the market closes on Tuesday, May 14th.

Dream Unlimited (TSE:DRM) last posted its quarterly earnings results on Wednesday, February 21st. The company reported C($1.91) EPS for the quarter. Dream Unlimited had a negative net margin of 30.26% and a negative return on equity of 7.92%. The business had revenue of C$107.86 million during the quarter.

Dream Unlimited Price Performance

TSE DRM opened at C$20.03 on Tuesday. The company has a market cap of C$811.62 million, a PE ratio of -7.31 and a beta of 1.33. Dream Unlimited has a 52-week low of C$16.53 and a 52-week high of C$25.24. The company has a debt-to-equity ratio of 129.84, a quick ratio of 0.67 and a current ratio of 2.57. The firm’s 50 day moving average price is C$19.28 and its 200-day moving average price is C$20.55.

Dream Unlimited Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 3.00%. The ex-dividend date of this dividend was Thursday, March 14th. This is a boost from Dream Unlimited’s previous quarterly dividend of $0.13. Dream Unlimited’s dividend payout ratio (DPR) is -21.90%.

Insider Activity

In other news, Director Jane Gavan sold 19,528 shares of the stock in a transaction on Friday, March 8th. The stock was sold at an average price of C$20.78, for a total transaction of C$405,791.84. Company insiders own 45.82% of the company’s stock.

Analysts Set New Price Targets

Separately, TD Securities upped their price objective on Dream Unlimited from C$27.00 to C$30.00 and gave the stock a “buy” rating in a research note on Tuesday, April 30th.

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.