BTB REIT (BTBIF) Stock Price & Analysis
BTBIF Stock Chart & Stats
- Day’s Range
- $2.59 - $2.61
- 52-Week Range
- $2.50 - $3.17
- Previous Close
- $2.62
- Volume
- N/A
- Average Volume (3M)
- 1,323
- Market Cap
- $231.37M
- Enterprise Value
- $1.09B
- Total Cash (Recent Filing)
- $601.00K
- Total Debt (Recent Filing)
- $750.87M
- Price to Earnings (P/E)
- 12.4
- Beta
- 0.36
- Next Earnings
- Nov 10, 2026 (Est.)
- EPS Estimate
- N/A
- Last Dividend Ex-Date
- Oct 30, 2026
- Dividend Yield
- 8.25%
Bulls Say, Bears Say
Bulls Say
Industrial Repositioning
The shift toward industrial properties should improve portfolio resilience because industrial demand and tenant economics are currently stronger. Acquisitions and office dispositions can progressively increase recurring NOI and reduce exposure to weaker office assets.
Leasing Spreads And NOI Growth
Positive renewal spreads provide embedded rental growth without relying solely on acquisitions. The combination of higher rents, leasing activity and double-digit quarterly NOI growth supports recurring operating performance as leases renew.
Distribution Coverage
Improved AFFO coverage gives BTB more retained cash to fund maintenance, leasing costs and selective growth while supporting distributions. This is a stronger foundation for payout durability than relying on debt or repeated equity issuance.
Bears Say
Leverage And Refinancing Exposure
High leverage combined with short debt duration leaves BTB sensitive to refinancing costs and capital-market access. Higher interest expense could restrict acquisitions, reduce cash available for distributions and pressure asset values over the medium term.
Weak Cash Generation
Deteriorating operating and free cash flow reduces the internally generated cushion available for debt service, capital expenditures and leasing investments. The low cash-flow-to-debt measure increases reliance on refinancing, dispositions or external capital.
Vacancy And Same-property Pressure
Vacancies, tenant departures, free rent and concessions can suppress same-property NOI for several quarters. The large Laval vacancy creates a material leasing and fit-out burden, delaying recovery and increasing execution risk for near-term cash earnings.
BTB REIT News
BTBIF FAQ
What was BTB REIT’s price range in the past 12 months?
What is BTB REIT’s market cap?
When is BTB REIT’s upcoming earnings report date?
How were BTB REIT’s earnings last quarter?
Is BTB REIT overvalued?
Does BTB REIT pay dividends?
What is BTB REIT’s EPS estimate?
How many shares outstanding does BTB REIT have?
What happened to BTB REIT’s price movement after its last earnings report?
Which hedge fund is a major shareholder of BTB REIT?
What is the TipRanks Smart Score and how is it calculated?
BTB REIT Stock Smart Score
Company Description
BTB REIT
BTB Real Estate Investment Trust engages in the ownership of properties. It offers management philosophy, sentinelle, boma best, and sustainable development services. It operates through the following segments: Industrial, Off-downtown core office, and Necessity-based retail. The company was founded by Michel Léonard on July 12, 2006 and is headquartered in Montréal, Canada.
- Sector
- Realestate
- Industry
- REIT - Diversified
- CEO
- Michel Léonard
- Employees
- 70
- Website
- www.btbreit.com
- Address
- 1411 Crescent Street, Montréal, QC, H3G 2B3, CA
BTB REIT (BTBIF) Earnings & Revenues
BTBIF Earnings Call
Earnings Call SentimentPositive
The call presented a mix of clear operational and financial progress — including revenue growth, a double-digit increase in NOI, strong leasing spreads (particularly in industrial), FFO/AFFO improvements, active acquisition and disposition activity, and ESG advancements — alongside notable near-term challenges: a YTD decline in cash same-property NOI, planned tenant departures and concessions, a sizable vacant asset that may not produce cash until 2027, modest liquidity, and leverage with short debt duration. Management’s strategic pivot toward industrial assets and targeted dispositions to redeploy capital are constructive and accretive in the medium term, but near-term metrics and balance sheet constraints require monitoring.
View all BTBIF earnings summariesBTBIF Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 12 | 4 | 6 |
| Technical Analysis | 4 | 4 | 2 |
| Moving Averages | 8 | 0 | 4 |
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