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RioCan Real Estate Investment Trust (TSE:REI.UN)
TSX:REI.UN
RESEARCH TOOLSreports
RioCan Real Estate Investment (REI.UN) Stock Price & Analysis
648 Followers
REI.UN Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$15.75 - C$19.52
Previous CloseC$17.56
Volume822.84K
Average Volume (3M)799.38K
Market Cap
C$5.28B
Enterprise ValueC$12.26B
Total Cash (Recent Filing)C$44.68M
Total Debt (Recent Filing)C$7.03B
Price to Earnings (P/E)106.9
Beta1.16
Next Earnings
Aug 01, 2024EPS EstimateN/A
Next Dividend Ex-Date
May 31, 2024Dividend Yield6.24%
Share Statistics
EPS (TTM)0.16
Shares Outstanding300,455,000
10 Day Avg. Volume698,586
30 Day Avg. Volume799,381
Standard Deviation0.08
R-Squared0.59
Alpha-0.00586
Financial Highlights & Ratios
Price to Book (P/B)0.71
Price to Sales (P/S)4.69
Price to Cash Flow (P/CF)15.00
P/FCF Ratio19.80
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$20.36Price Target Upside15.92% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
RioCan Real Estate Investment News
PremiumCompany Announcements
RioCan REIT Reports Strong First Quarter Leasing
PremiumCompany Announcements
RioCan Reit Issues $150M in Stable BBB-rated Debentures
PremiumCompany Announcements
RioCan Expands Debenture Offering to $150 Million
Bulls Say, Bears Say
Bulls Say
Financial PerformanceFunds from operations (FFO) per unit saw a year-over-year increase, indicating a rise in profitability.
Leasing ActivityRobust new leasing volume provides confidence that vacancies are being back-filled expeditiously.
Residential DevelopmentResidential development gains are expected to be a significant driver of growth.
Bears Say
Financial ForecastForecast extended to 2026 with a reduction to the 2025 FFOPU estimate and a diminishing contribution from condo closings.
Interest ExpensesIncreased interest expenses from refinancing debt at higher rates suggest a rise in financial costs.
OccupancyIn-place occupancy decreased due to the anticipated failures of Rooms + Spaces and Bad Boy.
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Options Prices
Currently, No data available
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Ownership Overview
0.74% Insiders
4.70% Mutual Funds
11.93% Other Institutional Investors
82.64% Public Companies and
Individual Investors
REI.UN FAQ
What was RioCan Real Estate Investment Trust’s price range in the past 12 months?
RioCan Real Estate Investment Trust lowest stock price was C$15.75 and its highest was C$19.52 in the past 12 months.
What is RioCan Real Estate Investment Trust’s market cap?
Currently, no data Available
When is RioCan Real Estate Investment Trust’s upcoming earnings report date?
RioCan Real Estate Investment Trust’s upcoming earnings report date is Aug 01, 2024 which is in 74 days.
How were RioCan Real Estate Investment Trust’s earnings last quarter?
RioCan Real Estate Investment Trust released its earnings results on May 07, 2024. The company reported C$0.428 earnings per share for the quarter, beating the consensus estimate of N/A by C$0.428.
Is RioCan Real Estate Investment Trust overvalued?
According to Wall Street analysts RioCan Real Estate Investment Trust’s price is currently Undervalued.
Does RioCan Real Estate Investment Trust pay dividends?
RioCan Real Estate Investment Trust pays a Monthly dividend of C$0.09 which represents an annual dividend yield of 6.24%. See more information on RioCan Real Estate Investment Trust dividends here
What is RioCan Real Estate Investment Trust’s EPS estimate?
RioCan Real Estate Investment Trust’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does RioCan Real Estate Investment Trust have?
RioCan Real Estate Investment Trust has 300,400,000 shares outstanding.
What happened to RioCan Real Estate Investment Trust’s price movement after its last earnings report?
RioCan Real Estate Investment Trust reported an EPS of C$0.428 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 0.113%.
Which hedge fund is a major shareholder of RioCan Real Estate Investment Trust?
Currently, no hedge funds are holding shares in TSE:REI.UN
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RioCan Real Estate Investment Stock Smart Score
Underperform
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10
Analyst Consensus
Moderate Buy
Average Price Target:
C$20.36 (15.92% Upside)
C$20.36 (15.92% Upside)
Blogger Sentiment
Bullish
TSE:REI.UN Sentiment 75%
Sector Average 69%
Sector Average 69%
Insider Transactions
Sold Shares
Worth $22.9K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
-8.89%
12-Months-Change
Fundamentals
Return on Equity
0.67%
Trailing 12-Months
Asset Growth
-0.93%
Trailing 12-Months
Company Description
RioCan Real Estate Investment Trust
RioCan Real Estate Investment Trust engages in owning, development, management, and operation of shopping centers. Its property portfolio includes grocery anchored, new format retail, urban retail, mixed-use and non-grocery anchored centers. The company was founded by Edward Sonshine on July 10, 1981 and is headquartered in Toronto, Canada.
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REI.UN Company Deck
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REI.UN Earnings Call
Q1 2024
0:00 / 0:00
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REI.UN Stock 12 Month Forecast
Average Price Target
C$20.36
▲(15.92% Upside)
Technical Analysis
RioCan Real Estate Investment
―
Boston Properties
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Kimco Realty
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Brixmor Property
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Federal Realty
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Best Analysts Covering REI.UN
1 Year
1 Year Success Rate
17/26 ratings generated profit
1 Year Average Return
+3.65%
reiterated a buy rating 12 days ago
Copying Mark Rothschild's trades and holding each position for 1 Year would result in 65.38% of your transactions generating a profit, with an average return of +3.65% per trade.
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