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

Company Overview

BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB is a property owner active in Canada and owns 77 properties, representing a total leasable area of approximately 6.1 million square feet and a total asset value that surpasses $1.2 billion. BTB offers a distribution reinvestment plan to unitholders whereby the participants may elect to have their monthly cash distribution reinvested in additional units of BTB at a price based on the weighted average price for BTB's Units on the Toronto Stock Exchange for the five trading days immediately preceding the distribution date, discounted by 3%.

Key Stats

• Today's Range: C$3.25 to C$3.39
• 50-Day Range: C$3.32 to C$3.76
• 52-Week Range: C$2.85 to C$3.78
• Volume: 135,516 shs
• Average Volume: 90,817 shs
• Market Capitalization: C$293.93 million
• P/E Ratio: 9.60
• Dividend Yield: 8.93%
• Price Target: C$3.40
• Consensus Rating: Hold

BTB Real Estate Investment Trust Stock Analysis - MarketRank™

BTB Real Estate Investment Trust scored higher than 27% 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

BTB Real Estate Investment Trust has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

BTB Real Estate Investment Trust 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 BTB Real Estate Investment Trust is 9.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.73.

Price to Earnings Ratio vs. Sector

The P/E ratio of BTB Real Estate Investment Trust is 9.60, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 242.34.

Price to Book Value per Share Ratio

BTB Real Estate Investment Trust has a P/B Ratio of 0.61. 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 BTB.UN.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

BTB Real Estate Investment Trust is a leading dividend payer. It pays a dividend yield of 8.36%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of BTB Real Estate Investment Trust is 85.71%. 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 BTB.UN.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 1.61

News Sentiment

BTB Real Estate Investment Trust has a news sentiment score of 1.61. 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 0.63 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for BTB Real Estate Investment Trust this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, BTB Real Estate Investment Trust insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$52,104.00 in company stock and sold C$0.00 in company stock.

Percentage Held by Insiders

Only 1.86% of the stock of BTB Real Estate Investment Trust is held by insiders.

Percentage Held by Institutions

Only 1.15% of the stock of BTB Real Estate Investment Trust is held by institutions.

BTB.UN Stock Analysis - Frequently Asked Questions

How have BTB.UN shares performed this year?

BTB Real Estate Investment Trust's stock was trading at C$2.93 on January 1st, 2024. Since then, BTB.UN stock has increased by 14.7% and is now trading at C$3.36.
View the best growth stocks for 2024 here.

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

Shares of BTB.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 - Office
• Sub-Industry: N/A
• Current Symbol: TSE:BTB.UN
• CUSIP: N/A
• CIK: N/A
• Web: www.btbreit.com
• Phone: +1-514-2860188
• Fax: N/A
• Employees: 67
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$3.40
• High Stock Price Target: C$3.75
• Low Stock Price Target: C$3.05
• Potential Upside/Downside: +1.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.35
• Trailing P/E Ratio: 9.60
• Forward P/E Ratio: 8.40
• P/E Growth: N/A
• Net Income: C$31.38 million
• Net Margins: 24.50%
• Pretax Margin: N/A
• Return on Equity: 6.58%
• Return on Assets: 3.34%

Debt

• Debt-to-Equity Ratio: 150.90
• Current Ratio: 0.16
• Quick Ratio: 0.17

Sales & Book Value

• Annual Sales: C$128.06 million
• Price / Sales: 2.30
• Cash Flow: C$0.11 per share
• Price / Cash Flow: 30.24
• Book Value: C$5.50 per share
• Price / Book: 0.61

Miscellaneous

• Outstanding Shares: 87,480,000
• Free Float: N/A
• Market Cap: C$293.93 million
• Optionable: Not Optionable
• Beta: 1.47