European Residential REIT logo

ERE.UN - European Residential REIT Share Price

C$4.07 -0.0  -0.5%

Last Trade - 2:30pm

Sector
Financials
Size
Mid Cap
Market Cap £553.8m
Enterprise Value £1.12bn
Revenue £56.6m
Position in Universe 245th / 2679
Bullish
Bearish
Unlock ERE.UN Revenue
Momentum
Relative Strength (%)
1m +3.62%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -23.8%
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
0.000 0.000 0.000 4.41 20.8 41.5 25.2
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the six months ended 30 June 2020, European Residential REIT revenues increased from EUR14M to EUR34.3M. Net income totaled EUR92.6M vs. loss of EUR21.7M. Revenues reflect Revenue from investment properties increase from EUR12.9M to EUR32M, Operating costs recoveries increase from EUR1.1M to EUR2.3M. Net Income reflects Net movement in fair value of class b LP increase from EUR23.7M (expense) to EUR47.3M (income).
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

ERE.UN Revenue Unlock ERE.UN Revenue

Net Income

ERE.UN Net Income Unlock ERE.UN Revenue

Normalised EPS

ERE.UN Normalised EPS Unlock ERE.UN Revenue

PE Ratio Range

ERE.UN PE Ratio Range Unlock ERE.UN Revenue

Dividend Yield Range

ERE.UN Dividend Yield Range Unlock ERE.UN Revenue
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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DPS
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Net Profit
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EPS
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DPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
ERE.UN EPS Forecasts Unlock ERE.UN Revenue
Profile Summary

European Residential REIT, formerly European Commercial REIT, is a Canada-based unincorporated, real estate investment trust. The Trust is focused on aggregating a portfolio of a non-prime core commercial real estate assets in European markets. It is primarily focused on Germany, France and the Benelux region. Its portfolio consists of three properties: Greater Munich Germany property, which is approximately 173,000-square-foot single-tenant office buildings; Brussels Belgium property, which is approximately 167,000-square-foot single-tenant office building, and Dusseldorf Germany property, which is approximately 56,700-square-foot multi-tenant office property.

Directors
Last Annual December 31st, 2019
Last Interim June 30th, 2020
Incorporated May 3, 2017
Public Since October 7, 2016
No. of Shareholders: n/a
No. of Employees: n/a
Sector Financials
Industry Residential & Commercial REITs
Index
Exchange Toronto Stock Exchange
Shares in Issue 230,645,063
Free Float (0.0%)
Eligible for
ISAs
SIPPs
ERE.UN Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for ERE.UN
Upcoming Events for ERE.UN
Tuesday 29th September, 2020
Dividend For ERE_u.TO - 0.0137 CAD
Frequently Asked Questions for European Residential REIT
What is the European Residential REIT share price?

As of 2:30pm, shares in European Residential REIT are trading at C$4.07, giving the company a market capitalisation of £553.8m. This share price information is delayed by 15 minutes.

How has the European Residential REIT share price performed this year?

Shares in European Residential REIT are currently trading at C$4.07 and the price has moved by -9.11% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the European Residential REIT price has moved by -3.52% over the past year.

What are the analyst and broker recommendations for European Residential REIT?

Of the analysts with advisory recommendations for European Residential REIT, there are there are currently 0 "buy" , 1 "hold" and 0 "sell" recommendations. The overall consensus recommendation for European Residential REIT is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will European Residential REIT next release its financial results?

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

Interim results are scheduled for: 2021-06-30
What is the European Residential REIT dividend yield?

The European Residential REIT dividend yield is 4% based on the trailing twelve month period.

Does European Residential REIT pay a dividend?

Last year, European Residential REIT paid a total dividend of 0.1, and it currently has a trailing dividend yield of 4%. Looking ahead, shares in European Residential REIT are due to go ex-dividend on 2020-09-29 and the next dividend pay date is 2020-10-15.

When does European Residential REIT next pay dividends?

European Residential REIT are due to go ex-dividend on 2020-09-29 and the next dividend pay date is 2020-10-15. The historic dividend yield on European Residential REIT shares is currently 4%.

How do I buy European Residential REIT shares?

To buy shares in European Residential 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 European Residential REIT?

Shares in European Residential REIT are currently trading at C$4.07, giving the company a market capitalisation of £553.8m.

Where are European Residential REIT shares listed? Where are European Residential REIT shares listed?

Here are the trading details for European Residential REIT:

Country of listing: Canada
Exchange: TOR
Ticker Symbol: ERE.UN
What kind of share is European Residential REIT?

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

Shares in European Residential REIT are currently priced at C$4.07. At that level they are trading at 20.78% discount to the analyst consensus target price of 0.00.

How can I tell whether the European Residential 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 European Residential REIT. Over the past six months, the relative strength of its shares against the market has been -2.84%. At the current price of C$4.07, shares in European Residential REIT are trading at -4.1% 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 European Residential REIT PE Ratio?

The European Residential REIT PE ratio based on its reported earnings over the past 12 months is 6.54. The shares are currently trading at C$4.07.

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 European Residential REIT?

European Residential REIT's management team is headed by:

Phillip Burns - CEO
Jan Breure - TRT
Ira Gluskin - TRT
Scott Cryer - CFO
Harold Burke - TRT
Gina Cody - TRT
Michael Stein - TRT
Who are the major shareholders of European Residential REIT?

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

1832 Asset Management L.P. Investment Advisor
Percentage owned: 16.07% (14.2m shares)
CAPREIT L.P. Corporation
Percentage owned: 11.51% (10.2m shares)
Dynamic Small Business Fund Mutual Fund
Percentage owned: 6.47% (5.73m shares)
CIBC Asset Management Inc. Investment Advisor
Percentage owned: 3.89% (3.45m shares)
CI Investments Inc. Investment Advisor/Hedge Fund
Percentage owned: 3.78% (3.35m shares)
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