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$12.18 to C$12.50
• 50-Day Range: C$11.17 to C$13.75
• 52-Week Range: C$6.33 to C$14.05
• Volume: 15,254 shs
• Average Volume: 33,836 shs
• Market Capitalization: C$179.16 million
• P/E Ratio: N/A
• Dividend Yield: 13.80%
• Price Target: C$10.63
• Consensus Rating: Hold

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 at the beginning of 2024. Since then, TNT.UN shares have increased by 23.3% and is now trading at C$12.39.
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$10.63
• High Stock Price Target: C$12.50
• Low Stock Price Target: C$8.50
• Potential Upside/Downside: -14.2%
• 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: 1.37
• Cash Flow: C$0.18 per share
• Price / Cash Flow: 67.86
• Book Value: C$30.25 per share
• Price / Book: 0.41

Miscellaneous

• Outstanding Shares: 14,460,000
• Free Float: N/A
• Market Cap: C$179.16 million
• Optionable: Not Optionable
• Beta: 1.57