SmartCentres Real Estate Investment Trst (SRU.UN) Stock Price, News & Analysis

Company Overview

SmartCentres is one of Canada's largest real estate investment trusts with total assets of approximately $9.5 billion. It owns and manages 34 million square feet of retail space in value-oriented, principally Walmart-anchored retail centres, having the strongest national and regional retailers as well as strong neighbourhood merchants. In addition, SmartCentres is a joint-venture partner in the Premium Outlets locations in Toronto and Montreal with Simon Property Group. SmartCentres is expanding the breadth of its portfolio to include residential (single-family, condominium and rental), retirement homes, office, and self-storage, either on its large urban properties such as the Vaughan Metropolitan Centre or as an adjunct to its well-located existing shopping centres.

Key Stats

• Today's Range: C$24.28 to C$24.69
• 50-Day Range: C$24.34 to C$26.23
• 52-Week Range: C$21.50 to C$27.50
• Volume: 186,530 shs
• Average Volume: 280,627 shs
• Market Capitalization: C$3.53 billion
• P/E Ratio: 14.87
• Dividend Yield: 7.59%
• Price Target: C$27.08
• Consensus Rating: Hold

SRU.UN Stock Analysis - Frequently Asked Questions

How have SRU.UN shares performed this year?

SmartCentres Real Estate Investment Trst's stock was trading at C$24.89 on January 1st, 2024. Since then, SRU.UN stock has decreased by 2.3% and is now trading at C$24.32.
View the best growth stocks for 2024 here.

How do I buy shares of SmartCentres Real Estate Investment Trst?

Shares of SRU.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.
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Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Real Estate
• Industry: REIT - Retail
• Sub-Industry: N/A
• Current Symbol: TSE:SRU.UN
• Previous Symbol: TSE:CWT.UN
• CUSIP: N/A
• CIK: N/A
• Web: www.smartcentres.com
• Phone: +1-905-3266400
• Fax: N/A
• Employees: 337
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$27.08
• High Stock Price Target: C$29.00
• Low Stock Price Target: C$24.50
• Potential Upside/Downside: +10.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$1.64
• Trailing P/E Ratio: 14.93
• Forward P/E Ratio: 12.66
• P/E Growth: N/A
• Net Income: C$273.24 million
• Net Margins: 29.07%
• Pretax Margin: N/A
• Return on Equity: 5.35%
• Return on Assets: 2.99%

Debt

• Debt-to-Equity Ratio: 80.88
• Current Ratio: 0.17
• Quick Ratio: 0.10

Sales & Book Value

• Annual Sales: C$939.90 million
• Price / Sales: 3.77
• Cash Flow: C$0.12 per share
• Price / Cash Flow: 203.11
• Book Value: C$36.13 per share
• Price / Book: 0.68

Miscellaneous

• Outstanding Shares: 144,690,000
• Free Float: N/A
• Market Cap: C$3.54 billion
• Optionable: Not Optionable
• Beta: 1.25