True North Commercial REIT (TNT.UN) Stock Price, News & Analysis

Company Overview

The REIT is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. The REIT currently owns and operates a portfolio of 46 commercial properties consisting of approximately 3.7 million square feet in urban and select strategic secondary markets across Canada focusing on long term leases with government and credit-rated tenants. The REIT is focused on growing its portfolio principally through acquisitions across Canada and such other jurisdictions where opportunities exist.

Key Stats

• Today's Range: C$9.51 to C$10.45
• 50-Day Range: C$10.02 to C$12.93
• 52-Week Range: C$8.16 to C$14.05
• Volume: 48,761 shs
• Average Volume: 34,269 shs
• Market Capitalization: C$148.07 million
• P/E Ratio: N/A
• Dividend Yield: 16.70%
• Price Target: C$11.06
• Consensus Rating: Hold

True North Commercial REIT Stock Analysis - MarketRank™

True North Commercial REIT scored higher than 12% 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: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

True North Commercial REIT has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

True North Commercial REIT has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of True North Commercial REIT is -3.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of True North Commercial REIT is -3.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

True North Commercial REIT has a P/B Ratio of 0.34. 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 TNT.UN.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

True North Commercial REIT is a leading dividend payer. It pays a dividend yield of 13.69%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

True North Commercial REIT does not have a long track record of dividend growth.

Sustainability and ESG

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

Short Interest

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

News and Social Media

• Score: 3.0 / 5
• News Sentiment: N/A

News Sentiment

True North Commercial REIT has a news sentiment score of 1.31. 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 1 news article for True North Commercial REIT this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, True North Commercial REIT insiders have not sold or bought any company stock.

Percentage Held by Insiders

11.81% of the stock of True North Commercial REIT is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 1.80% of the stock of True North Commercial REIT is held by institutions.

TNT.UN Stock Analysis - Frequently Asked Questions

How have TNT.UN shares performed this year?

True North Commercial REIT's stock was trading at C$10.05 on January 1st, 2024. Since then, TNT.UN shares have increased by 1.9% and is now trading at C$10.24.
View the best growth stocks for 2024 here.

How do I buy shares of True North Commercial REIT?

Shares of TNT.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

• Stock Exchange: TSE
• Sector: Real Estate
• Industry: REIT - Diversified
• Sub-Industry: N/A
• Current Symbol: TSE:TNT.UN
• CUSIP: N/A
• CIK: N/A
• Web: www.truenorthreit.com
• Phone: (416) 234-8444
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$11.06
• High Stock Price Target: C$12.50
• Low Stock Price Target: C$8.50
• Potential Upside/Downside: +8.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($3.24)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$-50,820,000.00
• Net Margins: -38.96%
• Pretax Margin: N/A
• Return on Equity: -10.66%
• Return on Assets: 2.97%

Debt

• Debt-to-Equity Ratio: 175.73
• Current Ratio: 0.14
• Quick Ratio: 0.06

Sales & Book Value

• Annual Sales: C$130.44 million
• Price / Sales: 1.14
• Cash Flow: C$0.15 per share
• Price / Cash Flow: 67.86
• Book Value: C$30.25 per share
• Price / Book: 0.34

Miscellaneous

• Outstanding Shares: 14,460,000
• Free Float: N/A
• Market Cap: C$148.07 million
• Optionable: Not Optionable
• Beta: 1.57