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CUF.UN - Cominar REIT Share Price

C$7 -1.0  -12.7%

Last Trade - 9:00pm

Sector
Financials
Size
Mid Cap
Market Cap £836.6m
Enterprise Value £2.83bn
Revenue £396.9m
Position in Universe 210th / 2676
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -5.05%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -47.9%
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
739.9 889.2 867 835.5 734.7 704 729 -1.0%
-23.5 +9.8 -13.5 -55.7
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the three months ended 31 March 2020, Cominar REIT revenues decreased 5% to C$172.1M. Net income increased 2% to C$45M. Revenues reflect Office Properties segment decrease of 6% to C$71.7M. Net Income benefited from Change in fair value of investment prope decrease from C$221K (expense) to C$1.2M (income). Dividend per share remained flat at C$0.18. Basic Earnings per Share excluding Extraordinary Items increased from C$0.24 to C$0.25.
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
Latest News & Insights for CUF.UN
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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EPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

Cominar REIT is a Canada-based real estate investment trust (REIT). The Company owns and manages properties in the Province of Quebec. Its segments include Office, Retail and Industrial and flex. It owns a portfolio of approximately 331 properties, composed of office, retail and industrial and flex buildings, of which 201 are located in the Montreal area, 111 in the Quebec City area and 19 in the Ottawa area. Its portfolio consists of approximately 11.2million square feet of office space, 9.9 million square feet of retail space and 15.4 million square feet of industrial and flex space, representing total leasable area of 36.5million square feet. Its properties include 1 to 243 Place Frontenac, 1 Antares Drive, 1080 Beaver Hall Hill, 1200 Papineau Avenue, 1600 le Corbusier Boulevard, 245 Soumande Street, 3103 Royal Boulevard, 1010 Godin Avenue and 120 de New York Street.

Directors
Last Annual December 31st, 2019
Last Interim March 31st, 2020
Incorporated April 7, 1998
Public Since May 21, 1999
No. of Shareholders: n/a
No. of Employees: 756
Sector Financials
Industry Residential & Commercial REITs
Index S&P/TSX Composite , S&P - Tse 300 Capped ,
Exchange Toronto Stock Exchange
Shares in Issue 182,442,197
Free Float (0.0%)
Eligible for
ISAs
SIPPs
CUF.UN Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for CUF.UN
Upcoming Events for CUF.UN
Friday 7th August, 2020
Q2 2020 Cominar REIT Earnings Call
Thursday 6th August, 2020 Estimate
Q2 2020 Cominar REIT Earnings Release
Friday 6th November, 2020 Estimate
Q3 2020 Cominar REIT Earnings Release
Frequently Asked Questions for Cominar REIT
What is the Cominar REIT share price?

As of 9:00pm, shares in Cominar REIT are trading at C$7, giving the company a market capitalisation of £836.6m. This share price information is delayed by 15 minutes.

How has the Cominar REIT share price performed this year?

Shares in Cominar REIT are currently trading at C$7 and the price has moved by -35.11% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Cominar REIT price has moved by -35.5% over the past year.

What are the analyst and broker recommendations for Cominar REIT?

Of the analysts with advisory recommendations for Cominar REIT, there are there are currently 0 "buy" , 4 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Cominar REIT is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will Cominar REIT next release its financial results?

Cominar REIT is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-03-31
What is the Cominar REIT dividend yield?

The Cominar REIT dividend yield is 8.98% based on the trailing twelve month period.

Does Cominar REIT pay a dividend?

Last year, Cominar REIT paid a total dividend of 0.72, and it currently has a trailing dividend yield of 8.98%. Looking ahead, Cominar REIT has not announced an ex-dividend date yet and the next dividend pay date is 2020-08-14.

When does Cominar REIT next pay dividends?

Cominar REIT has yet to annouce their ex-dividend date and the next dividend pay date is 2020-08-14. The historic dividend yield on Cominar REIT shares is currently 8.98%.

How do I buy Cominar REIT shares?

To buy shares in Cominar REIT 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 Cominar REIT?

Shares in Cominar REIT are currently trading at C$7, giving the company a market capitalisation of £836.6m.

Where are Cominar REIT shares listed? Where are Cominar REIT shares listed?

Here are the trading details for Cominar REIT:

Country of listing: Canada
Exchange: TOR
Ticker Symbol: CUF.UN
What kind of share is Cominar REIT?

Based on an overall assessment of its quality, value and momentum, Cominar REIT 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 Cominar REIT share price forecast 2020?

Shares in Cominar REIT are currently priced at C$7. At that level they are trading at 63.84% discount to the analyst consensus target price of 0.00.

Analysts covering Cominar REIT currently have a consensus Earnings Per Share (EPS) forecast of 1.13 for the next financial year.

How can I tell whether the Cominar REIT 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 Cominar REIT. Over the past six months, the relative strength of its shares against the market has been -42.13%. At the current price of C$7, shares in Cominar REIT are trading at -28.55% 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 Cominar REIT PE Ratio?

The Cominar REIT PE ratio based on its reported earnings over the past 12 months is 3.13. The shares are currently trading at C$7.

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 Cominar REIT?

Cominar REIT's management team is headed by:

Alain Dallaire - COO
Wally Commisso - EVP
Carl Pepin - VFN
Michael Racine - EVP
Sylvain Cossette - PRE
Johanne Lepine - IND
Jean Laramee - EVP
Manon Deslauriers - VPR
Luc Bachand - IND
Paul Campbell - IND
Marie-Andree Boutin - EVP
Heather Kirk - CFO
Mitchell Cohen - IND
Zachary George - IND
Christine Beaubien - IND
Bernard Poliquin - EVP
Brigitte Dufour - VPR
Who are the major shareholders of Cominar REIT?

Here are the top five shareholders of Cominar REIT based on the size of their shareholding:

George (Zachary R) Individual Investor
Percentage owned: 7.99% (14.6m shares)
Caisse de depot et Placement du Quebec Mutual Fund
Percentage owned: 4.64% (8.46m shares)
Caisse de Depot et Placement du Quebec Pension Fund
Percentage owned: 4.64% (8.46m shares)
CIBC Asset Management Inc. Investment Advisor
Percentage owned: 3.66% (6.68m shares)
The Vanguard Group, Inc. Investment Advisor/Hedge Fund
Percentage owned: 3.22% (5.87m shares)
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