Plaza Retail REIT (PLZ.UN) Stock Price, News & Analysis

Company Overview

Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza's portfolio at December 31, 2018 includes interests in 287 properties totaling approximately 8.2 million square feet across Canada and additional lands held for development. Plaza's properties include a mix of strip plazas, stand-alone small box retail outlets and enclosed shopping centres, anchored by approximately 91% national tenants.

Key Stats

• Today's Range: C$3.58 to C$3.61
• 50-Day Range: C$3.52 to C$3.90
• 52-Week Range: C$3.40 to C$3.96
• Volume: 6,377 shs
• Average Volume: 43,881 shs
• Market Capitalization: C$398.44 million
• P/E Ratio: 36.10
• Dividend Yield: 7.76%
• Price Target: C$4.17
• Consensus Rating: Hold

Plaza Retail REIT Stock Analysis - MarketRank™

Plaza Retail REIT scored higher than 49% 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: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Plaza Retail REIT has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Plaza Retail REIT has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Plaza Retail REIT is 36.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.19.

Price to Earnings Ratio vs. Sector

The P/E ratio of Plaza Retail REIT is 36.10, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 244.93.

Price to Book Value per Share Ratio

Plaza Retail REIT has a P/B Ratio of 0.73. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for PLZ.UN.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Plaza Retail REIT is a leading dividend payer. It pays a dividend yield of 7.23%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Plaza Retail REIT does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Plaza Retail REIT is 280.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

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

Short Interest

There is no current short interest data available for PLZ.UN.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.84

News Sentiment

Plaza Retail REIT has a news sentiment score of 0.84. 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 is a higher news sentiment than the 0.68 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Plaza Retail REIT this week, compared to 0 articles on an average week.

Company Ownership

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

Insider Buying vs. Insider Selling

In the past three months, Plaza Retail REIT insiders have not sold or bought any company stock.

Percentage Held by Insiders

35.43% of the stock of Plaza Retail REIT is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 0.95% of the stock of Plaza Retail REIT is held by institutions.

PLZ.UN Stock Analysis - Frequently Asked Questions

How have PLZ.UN shares performed this year?

Plaza Retail REIT's stock was trading at C$3.68 at the beginning of 2024. Since then, PLZ.UN shares have decreased by 1.9% and is now trading at C$3.61.
View the best growth stocks for 2024 here.

How do I buy shares of Plaza Retail REIT?

Shares of PLZ.UN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

Company Calendar

• Today: 12/25/2024
• Ex-Dividend for 1/15 Dividend: 12/31/2024
• Dividend Payable: 1/15/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Real Estate
• Industry: REIT - Retail
• Sub-Industry: N/A
• Current Symbol: TSE:PLZ.UN
• CUSIP: N/A
• CIK: N/A
• Web: www.plaza.ca
• Phone: 506-451-1826
• Fax: N/A
• Employees: 98
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$4.17
• High Stock Price Target: C$4.25
• Low Stock Price Target: C$4.00
• Potential Upside/Downside: +15.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.10
• Trailing P/E Ratio: 36.10
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$11.34 million
• Net Margins: 9.40%
• Pretax Margin: N/A
• Return on Equity: 2.07%
• Return on Assets: 3.30%

Debt

• Debt-to-Equity Ratio: 124.16
• Current Ratio: 0.22
• Quick Ratio: 0.06

Sales & Book Value

• Annual Sales: C$120.65 million
• Price / Sales: 3.30
• Cash Flow: C$0.06 per share
• Price / Cash Flow: 59.73
• Book Value: C$4.92 per share
• Price / Book: 0.73

Miscellaneous

• Outstanding Shares: 110,370,000
• Free Float: N/A
• Market Cap: C$398.44 million
• Optionable: Not Optionable
• Beta: 1.08