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Primaris Real Estate Investment Trust ( ($TSE:PMZ.UN) ) has provided an update.
Primaris Real Estate Investment Trust announced a distribution of $0.0717 per unit for May 2025, payable on June 16, 2025, to unitholders of record on May 30, 2025. This announcement reflects Primaris’ continued commitment to providing value to its investors, leveraging its strong capitalization and strategic positioning in the Canadian retail property market.
The most recent analyst rating on ($TSE:PMZ.UN) stock is a Buy with a C$19.00 price target. To see the full list of analyst forecasts on Primaris Real Estate Investment Trust stock, see the TSE:PMZ.UN Stock Forecast page.
Spark’s Take on TSE:PMZ.UN Stock
According to Spark, TipRanks’ AI Analyst, TSE:PMZ.UN is a Outperform.
Primaris REIT’s overall stock score reflects strong financial performance and a positive outlook from recent earnings calls. The company’s strategic acquisitions and robust cash flow provide resilience against potential challenges. However, technical indicators suggest caution, and rising debt levels need monitoring. Its attractive dividend yield enhances its appeal to income-focused investors.
To see Spark’s full report on TSE:PMZ.UN stock, click here.
More about Primaris Real Estate Investment Trust
Primaris Real Estate Investment Trust is Canada’s only REIT focused on enclosed shopping centres, with ownership interests in leading centres across growing Canadian markets. The portfolio encompasses 14.2 million square feet, valued at approximately $4.5 billion. Primaris operates with a fully internal, vertically integrated management platform, positioning it well to capitalize on market opportunities in the evolving Canadian retail property landscape.
Average Trading Volume: 176,716
Technical Sentiment Signal: Buy
Current Market Cap: C$1.51B
For a thorough assessment of PMZ.UN stock, go to TipRanks’ Stock Analysis page.