RioCan Real Estate Investment (RIOCF) Stock Price & Analysis

RIOCF Stock Chart & Stats

$15.15$0.02(0.13%)

At close: Oct 30 4:00 PM EDT

Day’s Range: $14.51 - $15.28
52-Week Range: $12.54 - $16.55
Previous Close: $15.13
Volume: 1,471
Average Volume (3M): 255.22K
Market Cap: $4.41B
Enterprise Value: $13.67B
Total Cash (Recent Filing): $66.63M
Total Debt (Recent Filing): $6.99B
Price to Earnings (P/E): 24.6
Beta: 0.34
Next Earnings: Nov 02, 2026 (Est.)
EPS Estimate: N/A
Last Dividend Ex-Date: Oct 30, 2026
Dividend Yield: 5.51%

Bulls Say, Bears Say

Bulls Say

Occupancy And Leasing Strength

Record occupancy and wide leasing spreads indicate durable demand for RioCan’s urban, necessity-oriented retail assets. They support renewal economics, reduce vacancy risk and provide embedded rent growth as below-market leases mature.

Same-Property NOI Growth

Positive same-property NOI growth reflects improving property-level earnings from rent increases and operating performance. The upgraded outlook provides visibility into organic cash-flow expansion across the existing portfolio over the next several quarters.

Liquidity And Capital Flexibility

Substantial liquidity and a large unencumbered asset base strengthen RioCan’s ability to refinance obligations, fund high-return property enhancements and manage market volatility. The improved unsecured debt mix also supports longer-term financing flexibility.

Bears Say

Elevated REIT Leverage

Debt near the level of equity leaves RioCan exposed to refinancing costs and limits balance-sheet flexibility if property markets weaken. Although equity remains sizeable, leverage can constrain distributions and investment capacity during prolonged rate or economic pressure.

Softening Revenue And Uneven Cash Conversion

Recent revenue softness, volatile net income and only moderate conversion of earnings into operating cash reduce earnings predictability. Slightly declining cash flow and historically uneven free cash flow may make distribution growth and capital funding less consistent.

Interest And Development Monetization Headwinds

Higher financing costs can suppress FFO even when property NOI grows, while an illiquid density market delays monetization of development value. Together, these factors may slow capital recycling and keep earnings growth below operating performance.

RioCan Real Estate Investment News

RioCan Restores Permanent CFO as Interim Finance Leadership Ends

An update from RioCan Real Estate Investment ( ($TSE:REI.UN) ) is now available. RioCan Real Estate Investment Trust has announced that Dennis Blasutti will return as Chief Financial Officer, effective

3w agoR7G RIOCF

RioCan REIT price target lowered to C$23.50 from C$25 at Raymond James

Raymond James lowered the firm’s price target on RioCan REIT (RIOCF) to C$23.50 from C$25 and keeps an Outperform rating on the shares. Published first on TheFly – the ultimate

1M agoR7G RIOCF

RioCan REIT Earnings Call Highlights Embedded Growth

Riocan Reit (($TSE:REI.UN)) has held its Q2 earnings call. Read on for the main highlights of the call. RioCan REIT’s latest earnings call painted a picture of steady operational momentum,

2M agoR7G RIOCF

RioCan REIT price target raised to C$25 from C$24 at RBC Capital

RBC Capital raised the firm’s price target on RioCan REIT (RIOCF) to C$25 from C$24 and keeps an Outperform rating on the shares. Published first on TheFly – the ultimate

2M agoR7G RIOCF

RioCan REIT price target raised to C$22.50 from C$21.50 at Canaccord

Canaccord raised the firm’s price target on RioCan REIT (RIOCF) to C$22.50 from C$21.50 and keeps a Hold rating on the shares. Published first on TheFly – the ultimate source

2M agoR7G RIOCF

RioCan REIT price target raised to C$22.50 from C$22.25 at Scotiabank

Scotiabank raised the firm’s price target on RioCan REIT (RIOCF) to C$22.50 from C$22.25 and keeps a Sector Perform rating on the shares. Published first on TheFly – the ultimate

2M agoR7G RIOCF

RioCan Lifts NOI Guidance as Retail Occupancy Hits 98.8%

RioCan Real Estate Investment ( ($TSE:REI.UN) ) just unveiled an update. RioCan reported a strong second quarter, with diluted net income per unit rising 6.1% and Core FFO per unit

2M agoR7G RIOCF

RioCan REIT price target raised to C$24 from C$22 at RBC Capital

RBC Capital raised the firm’s price target on RioCan REIT (RIOCF) to C$24 from C$22 and keeps an Outperform rating on the shares. Published first on TheFly – the ultimate

5M agoR7G RIOCF

RioCan REIT price target raised to $22.25 from $20.50 at Scotiabank

Scotiabank raised the firm’s price target on RioCan REIT (RIOCF) to $22.25 from $20.50 and keeps a Sector Perform rating on the shares. Published first on TheFly – the ultimate

5M agoR7G RIOCF

RioCan REIT price target raised to C$24 from C$23 at TD Securities

TD Securities raised the firm’s price target on RioCan REIT (RIOCF) to C$24 from C$23 and keeps a Buy rating on the shares. Published first on TheFly – the ultimate

5M agoR7G RIOCF

RioCan REIT price target raised to C$23.50 from C$21 at BMO Capital

BMO Capital raised the firm’s price target on RioCan REIT (RIOCF) to C$23.50 from C$21 and keeps an Outperform rating on the shares. Published first on TheFly – the ultimate

5M agoR7G RIOCF

RioCan Names Interim CFO to Ensure Financial Continuity

The latest announcement is out from RioCan Real Estate Investment ( ($TSE:REI.UN) ). RioCan Real Estate Investment Trust has appointed Franca Smith as Interim Chief Financial Officer, effective immediately, to

7M agoR7G RIOCF

RioCan Raises $200 Million in New Debenture Offering as Credit Trend Turns Positive

The latest update is out from RioCan Real Estate Investment ( ($TSE:REI.UN) ). RioCan Real Estate Investment Trust has completed a $200 million issuance of Series AQ senior unsecured debentures,

7M agoR7G RIOCF

RioCan Launches $200 Million Debenture Offering as Credit Trend Turns Positive

RioCan Real Estate Investment ( ($TSE:REI.UN) ) has shared an update. RioCan Real Estate Investment Trust has launched a $200 million offering of Series AQ senior unsecured debentures, carrying a

8M agoR7G RIOCF

RIOCF FAQ

What was RioCan Real Estate Investment’s price range in the past 12 months?

RioCan Real Estate Investment lowest stock price was $12.54 and its highest was $16.55 in the past 12 months.

What is RioCan Real Estate Investment’s market cap?

RioCan Real Estate Investment’s market cap is $4.41B.

When is RioCan Real Estate Investment’s upcoming earnings report date?

The company’s upcoming earnings report date is not yet available.

How were RioCan Real Estate Investment’s earnings last quarter?

RioCan Real Estate Investment released its earnings results on Aug 04, 2026. The company reported $0.365 earnings per share for the quarter.

Is RioCan Real Estate Investment overvalued?

According to Wall Street analysts RioCan Real Estate Investment’s price is currently Undervalued.

Does RioCan Real Estate Investment pay dividends?

RioCan Real Estate Investment pays a Monthly dividend of $0.069 which represents an annual dividend yield of 5.51%. See more information on RioCan Real Estate Investment dividends here

What is RioCan Real Estate Investment’s EPS estimate?

RioCan Real Estate Investment’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does RioCan Real Estate Investment have?

RioCan Real Estate Investment has 291,100,000 shares outstanding.

What happened to RioCan Real Estate Investment’s price movement after its last earnings report?

RioCan Real Estate Investment reported an EPS of $0.365 in its last earnings report. Following the earnings report the stock price went down -0.026%.

Which hedge fund is a major shareholder of RioCan Real Estate Investment?

Currently, no hedge funds are holding shares in RIOCF

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

RioCan Real Estate Investment Stock Smart Score

Outperform

Learn more about TipRanks Smart Score

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Company Description

RioCan Real Estate Investment

RioCan is recognized as one of Canada's leading and largest Real Estate Investment Trusts (REITs). The company engages in owning, operating, and developing properties that are primarily focused on retail, but are increasingly transitioning into mixed-use spaces. These developments are strategically positioned in desirable, high-density areas that are well-served by public transit, aligning with where Canadians prefer to shop, reside, and be employed. As of September 30, 2020, RioCan's substantial portfolio contained 221 properties, offering a total net leasable area of approximately 38.4 million square feet (based on RioCan's interest). This diverse collection comprises office and residential rental properties, in addition to 16 properties currently under development.

RioCan Real Estate Investment (RIOCF) Earnings & Revenues

Historic Earnings Reports

RIOCF Company Deck

RIOCF Earnings Call

Q2 2026

0:00 / 0:00

Earnings Call SentimentPositive

The call communicated broad-based operational strength: record occupancy, strong leasing spreads, positive same-property NOI performance and meaningful progress on RioCan Living monetization, balanced by modest near-term headwinds including interest expense, cash conversion timing, illiquid density land market and conservative FFO guidance. Management emphasized disciplined capital allocation, a strengthened balance sheet and visible embedded earnings growth.

View all RIOCF earnings summaries

RIOCF Stock 12 Month Forecast

Average Price Target

$17.14▲(13.13% Upside)

Past 12 Months12 Month ForecastJan2026Oct2026

High$18.57

Average$17.14

Low$16.07

Detailed Analyst Forecast >

Technical Analysis

Overall Consensus

Indicator	Bullish	Neutral	Bearish
Overall Consensus	13	6	3
Technical Analysis	2	6	2
Moving Averages	11	0	1

Technical Analysis >

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Ownership Overview

0.45% Insiders
4.98% Mutual Funds
<0.01% Other Institutional Investors
81.21% Public Companies and Individual Investors

Detailed Ownership Overview >

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RIOCF Stock Chart & Stats

Bulls Say, Bears Say

Bulls Say

Occupancy And Leasing Strength

Same-Property NOI Growth

Liquidity And Capital Flexibility

Bears Say

Elevated REIT Leverage

Softening Revenue And Uneven Cash Conversion

Interest And Development Monetization Headwinds

RioCan Real Estate Investment News

RioCan Restores Permanent CFO as Interim Finance Leadership Ends

RioCan REIT price target lowered to C$23.50 from C$25 at Raymond James

RioCan REIT Earnings Call Highlights Embedded Growth

RioCan REIT price target raised to C$25 from C$24 at RBC Capital

RioCan REIT price target raised to C$22.50 from C$21.50 at Canaccord

RioCan REIT price target raised to C$22.50 from C$22.25 at Scotiabank

RioCan Lifts NOI Guidance as Retail Occupancy Hits 98.8%

RioCan REIT price target raised to C$24 from C$22 at RBC Capital

RioCan REIT price target raised to $22.25 from $20.50 at Scotiabank

RioCan REIT price target raised to C$24 from C$23 at TD Securities

RioCan REIT price target raised to C$23.50 from C$21 at BMO Capital

RioCan Names Interim CFO to Ensure Financial Continuity

RioCan Raises $200 Million in New Debenture Offering as Credit Trend Turns Positive

RioCan Launches $200 Million Debenture Offering as Credit Trend Turns Positive

RIOCF FAQ

RioCan Real Estate Investment Stock Smart Score

Company Description

RioCan Real Estate Investment

RioCan Real Estate Investment (RIOCF) Earnings & Revenues

RIOCF Company Deck

RIOCF Earnings Call

Earnings Call Sentiment|Positive

RIOCF Stock 12 Month Forecast

Average Price Target

Technical Analysis

Overall Consensus

Similar Stocks

Ownership Overview

Popular Stocks

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Earnings Call SentimentPositive