Canoe EIT Income Fund logo

EIT.UN - Canoe EIT Income Fund Share Price

C$8.96 0.2  1.8%

Last Trade - 4:54pm

Sector
Financials
Size
Mid Cap
Market Cap £619.5m
Enterprise Value £-145.3m
Revenue £123.7m
Position in Universe 233rd / 2667
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -5.64%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -21.6%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
180.1 -6.42 223.4 93.1 -39.3 209.2 +3.0%
+1.0 -67.7
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 31 December 2019, Canoe EIT Income Fund revenues increased from -C$39.3M to C$209.2M. Net income totaled C$167.6M vs. loss of C$67.9M. Revenues reflect Unrealized G/L on Investment Securities increase from -C$125.7M to C$155.3M, Interest Income - Investment increase of 22% to C$5.3M, Dividend income increase of 3% to C$29.5M.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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Net Profit
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Consensus Estimate
1m Change
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

Canoe EIT Income Fund, formerly EnerVest Diversified Income Trust, is a closed-ended investment trust. The Fund's investment objective is to maximize monthly distributions relative to risk and maximize net asset value while maintaining and expanding a diversified investment portfolio, primarily through acquiring, investing, holding, transferring, disposing of or otherwise dealing with or in equity and debt securities of corporations, partnerships, or other issuers and such other investments. It invests in securities of publicly traded real estate investment trusts, qualified limited partnerships, corporations and similar issuers, corporate debt, convertible debentures and preferred shares of issuers engaged in businesses in various industries and geographic regions. It invests in various sectors, including financials, energy, technology, consumer products, utilities, industrials, consumer services, healthcare and telecommunication services. Canoe Financial LP is the Fund's manager.

Directors
Last Annual December 31st, 2019
Last Interim December 31st, 2019
Incorporated August 5, 1997
Public Since August 7, 1997
No. of Shareholders: n/a
No. of Employees: 71
Sector Financials
Industry Collective Investments
Index
Exchange Toronto Stock Exchange
Shares in Issue 119,033,383
Free Float (0.0%)
Eligible for
ISAs
SIPPs
EIT.UN Share Price Performance
Share Price
Bid - Ask
Low - High
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Day's Change
Avg Volume
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Latest News for EIT.UN
Upcoming Events for EIT.UN
Frequently Asked Questions for Canoe EIT Income Fund
What is the Canoe EIT Income Fund share price?

As of 4:54pm, shares in Canoe EIT Income Fund are trading at C$8.96, giving the company a market capitalisation of £619.5m. This share price information is delayed by 15 minutes.

How has the Canoe EIT Income Fund share price performed this year?

Shares in Canoe EIT Income Fund are currently trading at C$8.96 and the price has moved by -21.01% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Canoe EIT Income Fund price has moved by -16.36% over the past year.

What are the analyst and broker recommendations for Canoe EIT Income Fund?

There are no analysts currently covering Canoe EIT Income Fund.

When will Canoe EIT Income Fund next release its financial results?

Canoe EIT Income Fund is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2020-12-31
What is the Canoe EIT Income Fund dividend yield?

The Canoe EIT Income Fund dividend yield is 13.64% based on the trailing twelve month period.

Does Canoe EIT Income Fund pay a dividend?

Last year, Canoe EIT Income Fund paid a total dividend of 1.2, and it currently has a trailing dividend yield of 13.64%. Looking ahead, Canoe EIT Income Fund has not announced an ex-dividend date yet and the next dividend pay date is 2020-07-15.

When does Canoe EIT Income Fund next pay dividends?

Canoe EIT Income Fund has yet to annouce their ex-dividend date and the next dividend pay date is 2020-07-15. The historic dividend yield on Canoe EIT Income Fund shares is currently 13.64%.

How do I buy Canoe EIT Income Fund shares?

To buy shares in Canoe EIT Income Fund you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Canoe EIT Income Fund?

Shares in Canoe EIT Income Fund are currently trading at C$8.96, giving the company a market capitalisation of £619.5m.

Where are Canoe EIT Income Fund shares listed? Where are Canoe EIT Income Fund shares listed?

Here are the trading details for Canoe EIT Income Fund:

Country of listing: Canada
Exchange: TOR
Ticker Symbol: EIT.UN
What kind of share is Canoe EIT Income Fund?

Based on an overall assessment of its quality, value and momentum, Canoe EIT Income Fund is currently classified as a Contrarian. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Canoe EIT Income Fund share price forecast 2020?

We were not able to load any forecast data for Canoe EIT Income Fund.

How can I tell whether the Canoe EIT Income Fund share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Canoe EIT Income Fund. Over the past six months, the relative strength of its shares against the market has been -8.23%. At the current price of C$8.96, shares in Canoe EIT Income Fund are trading at -8.29% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Canoe EIT Income Fund PE Ratio?

The Canoe EIT Income Fund PE ratio based on its reported earnings over the past 12 months is 5.99. The shares are currently trading at C$8.96.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Canoe EIT Income Fund?

Canoe EIT Income Fund's management team is headed by:

David Rain - DRC
Rafi Tahmazian - OTH
Darcy Hulston - PRE
Renata Colic - CFO
Darcy Lake - SVP
Robert Taylor - SVP
Kim Jativa - COO
Marc Goldfried - SVP
David Lupini - VPR
Who are the major shareholders of Canoe EIT Income Fund?

Here are the top five shareholders of Canoe EIT Income Fund based on the size of their shareholding:

Sonora Investment Management, LLC Investment Advisor
Percentage owned: 0.03% (32.8k shares)
Strategic Wealth Partners, Ltd. Investment Advisor
Percentage owned: % (n/a shares)
PKB Privat Bank AG Bank and Trust
Percentage owned: % (n/a shares)
Planetarium Fund Riverfield AllRounder Mutual Fund
Percentage owned: % (n/a shares)
City of London Investment Management Co. Ltd. Investment Advisor
Percentage owned: % (n/a shares)
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