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TSE:REI.UN

RioCan Real Estate Investment Trust (REI.UN) Stock Price, News & Analysis

RioCan Real Estate Investment Trust logo
C$18.45 +0.43 (+2.39%)
(As of 12/20/2024 05:17 PM ET)

About RioCan Real Estate Investment Trust Stock (TSE:REI.UN)

Key Stats

Today's Range
C$17.97
C$18.54
50-Day Range
C$18.02
C$19.94
52-Week Range
C$16.26
C$20.83
Volume
2.12 million shs
Average Volume
809,984 shs
Market Capitalization
C$5.53 billion
P/E Ratio
92.25
Dividend Yield
6.02%
Price Target
C$21.67
Consensus Rating
Moderate Buy

Company Overview

RioCan is one of Canada's largest real estate investment trusts. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at December 31, 2023, our portfolio is comprised of 188 properties with an aggregate net leasable area of approximately 32.6 million square feet (at RioCan's interest) including office, residential rental and 9 development properties.

RioCan Real Estate Investment Trust Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
63rd Percentile Overall Score

REI.UN MarketRank™: 

RioCan Real Estate Investment Trust scored higher than 63% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of RioCan Real Estate Investment Trust is 92.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.35.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of RioCan Real Estate Investment Trust is 92.25, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 243.31.

  • Price to Book Value per Share Ratio

    RioCan Real Estate Investment Trust has a P/B Ratio of 0.74. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for REI.UN.
  • Dividend Leadership

    RioCan Real Estate Investment Trust is a leading dividend payer. It pays a dividend yield of 5.58%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

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

  • Dividend Coverage

    The dividend payout ratio of RioCan Real Estate Investment Trust is 555.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about RioCan Real Estate Investment Trust's dividend.
  • Short Interest

    There is no current short interest data available for REI.UN.
  • News Sentiment

    RioCan Real Estate Investment Trust has a news sentiment score of 1.06. 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 0.65 average news sentiment score of Real Estate companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for RioCan Real Estate Investment Trust this week, compared to 1 article on an average week.
  • Search Interest

    1 people have searched for REI.UN on MarketBeat in the last 30 days.
  • MarketBeat Follows

    Only 1 people have added RioCan Real Estate Investment Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, RioCan Real Estate Investment Trust insiders have sold 3,902.14% more of their company's stock than they have bought. Specifically, they have bought C$2,894.00 in company stock and sold C$115,822.00 in company stock.

  • Percentage Held by Insiders

    Only 0.31% of the stock of RioCan Real Estate Investment Trust is held by insiders.

  • Percentage Held by Institutions

    40.26% of the stock of RioCan Real Estate Investment Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about RioCan Real Estate Investment Trust's insider trading history.
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REI.UN Stock News Headlines

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REI.UN Stock Analysis - Frequently Asked Questions

RioCan Real Estate Investment Trust's stock was trading at C$18.62 on January 1st, 2024. Since then, REI.UN shares have decreased by 0.9% and is now trading at C$18.45.
View the best growth stocks for 2024 here
.

Shares of REI.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.

Industry, Sector and Symbol

Industry
REIT - Retail
Sub-Industry
N/A
Current Symbol
TSE:REI.UN
CIK
N/A
Fax
N/A
Employees
568
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$21.67
High Stock Price Target
C$23.00
Low Stock Price Target
C$20.50
Potential Upside/Downside
+17.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
C$59.79 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$1.23 billion
Cash Flow
C$0.16 per share
Book Value
C$25.02 per share

Miscellaneous

Free Float
N/A
Market Cap
C$5.53 billion
Optionable
Not Optionable
Beta
1.31
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This page (TSE:REI.UN) was last updated on 12/22/2024 by MarketBeat.com Staff
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