Dream Unlimited (TSE:DRM) Reaches New 52-Week High at $33.63

Posted by Defense World Staff on Sep 30th, 2024

Dream Unlimited Corp. (TSE:DRM – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$33.63 and last traded at C$33.42, with a volume of 36761 shares changing hands. The stock had previously closed at C$33.13.

Analyst Ratings Changes

Separately, TD Securities raised 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 note on Wednesday, September 4th.

Check Out Our Latest Analysis on DRM

Dream Unlimited Trading Up 1.8 %

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 business has a fifty day moving average of C$26.24 and a 200-day moving average of C$21.70. The company has a market capitalization of C$1.36 billion, a P/E ratio of -305.73 and a beta of 1.35.

Dream Unlimited (TSE:DRM – Get Free Report) last posted its earnings results on Tuesday, August 13th. The company reported C$1.47 EPS for the quarter. Dream Unlimited had a negative net margin of 0.64% and a negative return on equity of 0.25%. The company had revenue of C$178.27 million during the quarter. Analysts anticipate that Dream Unlimited Corp. will post 2.0006101 earnings per share for the current fiscal year.

Dream Unlimited Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 30th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $0.60 annualized dividend and a dividend yield of 1.78%. Dream Unlimited’s dividend payout ratio is currently -545.45%.

About Dream Unlimited

(Get Free Report)

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.