SmartCentres Real Estate Investment Trust (CWYUF) Stock Price, News & Analysis

Company Overview

SmartCentres is one of Canada's largest fully integrated REITs, with a best-in-class and growing mixed-use portfolio featuring 191 strategically located properties in communities across the country. SmartCentres has approximately $12.0 billion in assets and owns 35.0 million square feet of income producing value-oriented retail and first-class office properties with 98.5% in place and committed occupancy, on 3,500 acres of owned land across Canada.

Key Stats

• Today's Range: $16.82 to $17.32
• 50-Day Range: $16.92 to $19.41
• 52-Week Range: $15.82 to $20.23
• Volume: 41,940 shs
• Average Volume: 21,755 shs
• Market Capitalization: $3.09 billion
• P/E Ratio: 26.24
• Dividend Yield: 7.85%
• Price Target: N/A
• Consensus Rating: Buy

SmartCentres Real Estate Investment Trust Stock Analysis - MarketRank™

SmartCentres Real Estate Investment Trust scored higher than 43% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for SmartCentres Real Estate Investment Trust.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: -1.27%

Earnings Growth

Earnings for SmartCentres Real Estate Investment Trust are expected to decrease by -1.27% in the coming year, from $1.58 to $1.56 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of SmartCentres Real Estate Investment Trust is 26.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.42.

Price to Earnings Ratio vs. Sector

The P/E ratio of SmartCentres Real Estate Investment Trust is 26.24, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 26.72.

Price to Book Value per Share Ratio

SmartCentres Real Estate Investment Trust has a P/B Ratio of 0.65. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.67% of the outstanding shares of SmartCentres Real Estate Investment Trust have been sold short.

Short Interest Ratio / Days to Cover

SmartCentres Real Estate Investment Trust has a short interest ratio ("days to cover") of 63.2, which indicates bearish sentiment.

Change versus previous month

Short interest in SmartCentres Real Estate Investment Trust has recently decreased by 16.99%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

SmartCentres Real Estate Investment Trust is a leading dividend payer. It pays a dividend yield of 7.93%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

SmartCentres Real Estate Investment Trust does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of SmartCentres Real Estate Investment Trust is 206.06%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, SmartCentres Real Estate Investment Trust will have a dividend payout ratio of 87.18% in the coming year. This indicates that SmartCentres Real Estate Investment Trust may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.67% of the outstanding shares of SmartCentres Real Estate Investment Trust have been sold short.

Short Interest Ratio / Days to Cover

SmartCentres Real Estate Investment Trust has a short interest ratio ("days to cover") of 63.2, which indicates bearish sentiment.

Change versus previous month

Short interest in SmartCentres Real Estate Investment Trust has recently decreased by 16.99%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.71

News Sentiment

SmartCentres Real Estate Investment Trust has a news sentiment score of 0.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 15 news articles for SmartCentres Real Estate Investment Trust this week, compared to 1 article on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, SmartCentres Real Estate Investment Trust insiders have not sold or bought any company stock.

Percentage Held by Insiders

20.90% of the stock of SmartCentres Real Estate Investment Trust is held by insiders. A high percentage of insider ownership can be a sign of company health.

CWYUF Stock Analysis - Frequently Asked Questions

How have CWYUF shares performed this year?

SmartCentres Real Estate Investment Trust's stock was trading at $18.7520 at the start of the year. Since then, CWYUF shares have decreased by 7.6% and is now trading at $17.3175.
View the best growth stocks for 2024 here.

How do I buy shares of SmartCentres Real Estate Investment Trust?

Shares of CWYUF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Ex-Dividend for 11/15 Dividend: 10/31/2024
• Dividend Payable: 11/15/2024
• Ex-Dividend for 12/16 Dividend: 11/29/2024
• Dividend Payable: 12/16/2024
• Today: 12/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Finance
• Industry: Private households
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:CWYUF
• CUSIP: N/A
• CIK: N/A
• Web: www.smartcentres.com
• Phone: (905) 326-6400
• Fax: 905-326-0783
• Employees: 342
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.66
• Trailing P/E Ratio: 26.24
• Forward P/E Ratio: 10.96
• P/E Growth: N/A
• Net Income: $306.47 million
• Net Margins: 17.26%
• Pretax Margin: 17.97%
• Return on Equity: 2.46%
• Return on Assets: 1.30%

Debt

• Debt-to-Equity Ratio: 0.71
• Current Ratio: 0.39
• Quick Ratio: 0.30

Sales & Book Value

• Annual Sales: $618.20 million
• Price / Sales: 4.99
• Cash Flow: $2.09 per share
• Price / Cash Flow: 8.30
• Book Value: $26.44 per share
• Price / Book: 0.65

Miscellaneous

• Outstanding Shares: 178,201,000
• Free Float: 140,947,000
• Market Cap: $3.09 billion
• Optionable: Not Optionable
• Beta: 1.17