Raymond James cuts target to CAD 15.00 for Dream Industrial stock
Published on 10/17/2026 at 21:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and reporting date
- Raymond James lowered its target to CAD 15.00 on October 2, 2026.
- Dream Industrial will release third-quarter results on November 3, 2026.
- Dream Industrial stock stood at EUR 8.12 at 11:00 p.m. CEST on October 16, 2026, while TSX units fell 0.62 percent from CAD 12.99.
- Dream Industrial had a P/E ratio of 22.65 and a market capitalization of CAD 3.6 billion.
Raymond James lowered its price target for Dream Industrial Real Estate Investment Trust from CAD 16.50 to CAD 15.00 on October 2, 2026, while retaining an Outperform rating, as reported by TipRanks. The target is 16.19 percent above the TSX price of CAD 12.91 on October 16, 2026. The last available euro price stood at EUR 8.12 at Lang & Schwarz on October 16, 2026 at 11:00 p.m. CEST.
Results date sets the next marker
Dream Industrial will release results for the quarter ended September 30, 2026, on November 3, 2026, according to FT. Management is scheduled to discuss those figures during a conference call on November 4, 2026. The scheduled release gives investors a defined date for testing property income, leasing progress and cash flow per unit.
Stock stays inside its yearly range
The TSX price of CAD 12.91 on October 16, 2026 was CAD 1.94 below the 52-week high of CAD 14.85 and CAD 1.11 above the low of CAD 11.80. That places the unit 13.06 percent below the high and 9.41 percent above the low. Trading volume was 593,573 units, versus an average of 630,544, while the annual performance stood at minus 13.06 percent based on the quoted yearly range.
Valuation and upcoming dates
Dream Industrial had a P/E ratio of 22.65 and a market capitalization of CAD 3.6 billion on October 16, 2026. Its trailing earnings per share were CAD 0.58, and the dividend yield was 5.00 percent. The company operates industrial properties across North America and Europe; its investor-relations page lists 75.7 million square feet of gross leasable area as of June 30, 2026, according to Dream Industrial.
Comparison with peers
Price remains the market frame
Dream Industrial's TSX units closed at CAD 12.91 on October 16, 2026, down 0.62 percent from CAD 12.99. The move was smaller than Prologis's 0.94 percent decline and First Industrial Realty Trust's 0.03 percent decline. The further course of trading is shown by the continuously updated real-time quote of Dream Industrial stock.
Dream Industrial market data
- Company: Dream Industrial Real Estate Investment Trust
- ISIN: CA26153W1095
- Ticker: DIR.UN
- Primary exchange: Toronto Stock Exchange
- Last price at Lang & Schwarz (as of October 16, 2026, 11:00 p.m. CEST): EUR 8.12
- TSX change on October 16, 2026: minus 0.62 percent
- Market capitalization: CAD 3.6 billion (as of October 16, 2026)
- 52-week range: CAD 11.80-CAD 14.85 (as of October 16, 2026)
- Sector / Industry: Real Estate / REIT - Industrial
Market context: Market report S&P/TSX Composite.
