RioCan Real Estate Investment Trust (RIOCF) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $12.50 to $12.85
• 50-Day Range: $12.60 to $14.57
• 52-Week Range: $11.43 to $15.40
• Volume: 113,849 shs
• Average Volume: 58,873 shs
• Market Capitalization: N/A
• P/E Ratio: 5.21
• Dividend Yield: 10.99%
• Price Target: N/A
• Consensus Rating: N/A

RioCan Real Estate Investment Trust Stock Analysis - MarketRank™

RioCan Real Estate Investment Trust scored higher than 26% 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 RioCan Real Estate Investment Trust.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of RioCan Real Estate Investment Trust is 5.21, 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 5.21, 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.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

RioCan Real Estate Investment Trust has a short interest ratio ("days to cover") of 59.5, which indicates bearish sentiment.

Change versus previous month

Short interest in RioCan Real Estate Investment Trust has recently decreased by 26.16%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

RioCan Real Estate Investment Trust is a leading dividend payer. It pays a dividend yield of 5.49%, 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 57.26%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

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

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

RioCan Real Estate Investment Trust has a short interest ratio ("days to cover") of 59.5, which indicates bearish sentiment.

Change versus previous month

Short interest in RioCan Real Estate Investment Trust has recently decreased by 26.16%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.42

News Sentiment

RioCan Real Estate Investment Trust has a news sentiment score of 1.42. 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 3 news articles for RioCan Real Estate Investment Trust this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Institutions

Only 33.63% of the stock of RioCan Real Estate Investment Trust is held by institutions.

RIOCF Stock Analysis - Frequently Asked Questions

How have RIOCF shares performed this year?

RioCan Real Estate Investment Trust's stock was trading at $14.06 at the beginning of 2024. Since then, RIOCF stock has decreased by 8.7% and is now trading at $12.83.
View the best growth stocks for 2024 here.

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

Shares of RIOCF 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 11/7 Dividend: 10/31/2024
• Dividend Payable: 11/07/2024
• Ex-Dividend for 12/6 Dividend: 11/29/2024
• Dividend Payable: 12/06/2024
• Today: 12/22/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Real Estate
• Industry: REIT - Retail
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:RIOCF
• CUSIP: N/A
• CIK: N/A
• Web: www.riocan.com
• Phone: (416) 866-3033
• Fax: N/A
• Employees: 568
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 5.21
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A