RioCan Real Estate Investment Trust logo

REI.UN - RioCan Real Estate Investment Trust Share Price

C$15.52 -0.2  -1.0%

Last Trade - 14/08/20

Sector
Financials
Size
Large Cap
Market Cap £2.88bn
Enterprise Value £6.72bn
Revenue £712.7m
Position in Universe 98th / 2682
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +2.13%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -43.9%
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
1,025 1,088 1,133 1,155 1,148 1,326 1,131 +5.3%
-39.9 -6.8 +56.8 +4.9 -21.0 +48.9 -29.8
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the six months ended 30 June 2020, RioCan Real Estate Investment Trust revenues decreased 15% to C$556.1M. Net loss totaled C$247.9M vs. income of C$447.5M. Revenues reflect FFO per Share (Basic) decrease of 14% to C$0.41, FFO per Share (Diluted) decrease of 15% to C$0.41, Residential inventory sales decrease of 97% to C$3.1M, Property Management Services Revenue decrease of 60% to C$5.1M.
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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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
REI.UN EPS Forecasts Unlock REI.UN Revenue
Profile Summary

RioCan Real Estate Investment Trust (RioCan) is a Canada-based closed-end real estate investment trust. The Trust owns and manages Canada's portfolio of shopping centers with ownership interests in a portfolio of 230 properties with an aggregate net leasable area (NLA) of approximately 39.1 million square feet, including residential rental and 13 development properties. The Trusts property portfolio includes grocery anchored, new format retail, urban retail, mixed use and non-grocery anchored centers of which approximately 190 properties are owned, which includes approximately 186 income properties and four properties under development, and approximately 40 are co-owned through joint arrangements with co-owners including approximately nine under development. The Trusts projects are categorized into urban/mixed use, renovation/backfill and greenfield/expansion.

Directors
Last Annual December 31st, 2019
Last Interim June 30th, 2020
Public Since January 5, 1994
No. of Shareholders: n/a
No. of Employees: 587
Sector Financials
Industry Residential & Commercial REITs
Index S&P/TSX Composite , S&P - Tse 300 Capped ,
Exchange Toronto Stock Exchange
Shares in Issue 317,723,000
Free Float (0.0%)
Eligible for
ISAs
SIPPs
REI.UN Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for REI.UN
Upcoming Events for REI.UN
Wednesday 4th November, 2020 Estimate
Q3 2020 RioCan Real Estate Investment Trust Earnings Release
Frequently Asked Questions for RioCan Real Estate Investment Trust
What is the RioCan Real Estate Investment Trust share price?

As of 14/08/20, shares in RioCan Real Estate Investment Trust are trading at C$15.52, giving the company a market capitalisation of £2.88bn. This share price information is delayed by 15 minutes.

How has the RioCan Real Estate Investment Trust share price performed this year?

Shares in RioCan Real Estate Investment Trust are currently trading at C$15.52 and the price has moved by -40.49% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the RioCan Real Estate Investment Trust price has moved by -42.51% over the past year.

What are the analyst and broker recommendations for RioCan Real Estate Investment Trust?

Of the analysts with advisory recommendations for RioCan Real Estate Investment Trust, there are there are currently 1 "buy" , 2 "hold" and 0 "sell" recommendations. The overall consensus recommendation for RioCan Real Estate Investment Trust is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will RioCan Real Estate Investment Trust next release its financial results?

RioCan Real Estate Investment Trust is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-06-30
What is the RioCan Real Estate Investment Trust dividend yield?

The RioCan Real Estate Investment Trust dividend yield is 9.96% based on the trailing twelve month period.

Does RioCan Real Estate Investment Trust pay a dividend?

Last year, RioCan Real Estate Investment Trust paid a total dividend of 1.56, and it currently has a trailing dividend yield of 9.96%. Looking ahead, RioCan Real Estate Investment Trust has not announced an ex-dividend date yet.

When does RioCan Real Estate Investment Trust next pay dividends?

RioCan Real Estate Investment Trust has yet to annouce their ex-dividend date. The historic dividend yield on RioCan Real Estate Investment Trust shares is currently 9.96%.

How do I buy RioCan Real Estate Investment Trust shares?

To buy shares in RioCan Real Estate Investment Trust 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 RioCan Real Estate Investment Trust?

Shares in RioCan Real Estate Investment Trust are currently trading at C$15.52, giving the company a market capitalisation of £2.88bn.

Where are RioCan Real Estate Investment Trust shares listed? Where are RioCan Real Estate Investment Trust shares listed?

Here are the trading details for RioCan Real Estate Investment Trust:

Country of listing: Canada
Exchange: TOR
Ticker Symbol: REI.UN
What kind of share is RioCan Real Estate Investment Trust?

Based on an overall assessment of its quality, value and momentum, RioCan Real Estate Investment Trust 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 RioCan Real Estate Investment Trust share price forecast 2020?

Shares in RioCan Real Estate Investment Trust are currently priced at C$15.52. At that level they are trading at 76.58% discount to the analyst consensus target price of 0.00.

Analysts covering RioCan Real Estate Investment Trust currently have a consensus Earnings Per Share (EPS) forecast of 1.8 for the next financial year.

How can I tell whether the RioCan Real Estate Investment Trust 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 RioCan Real Estate Investment Trust. Over the past six months, the relative strength of its shares against the market has been -38.98%. At the current price of C$15.52, shares in RioCan Real Estate Investment Trust are trading at -24.85% 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 RioCan Real Estate Investment Trust PE Ratio?

The RioCan Real Estate Investment Trust PE ratio based on its reported earnings over the past 12 months is 51.47. The shares are currently trading at C$15.52.

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 RioCan Real Estate Investment Trust?

RioCan Real Estate Investment Trust's management team is headed by:

Paul Godfrey - CHM
Edward Sonshine - CEO
Sharon Sallows - TRT
Jeff Ross - SVP
Danny Kissoon - SVP
Dale Lastman - TRT
John Ballantyne - SVP
Jonathan Gitlin - PRE
Oliver Harrison - VOP
Bonnie Brooks - TRT
Andrew Duncan - SVP
Jane Marshall - TRT
Qi Tang - CFO
Jennifer Suess - SVP
Franca Smith - VFN
Richard Dansereau - IND
Who are the major shareholders of RioCan Real Estate Investment Trust?

Here are the top five shareholders of RioCan Real Estate Investment Trust based on the size of their shareholding:

TD Asset Management Inc. Investment Advisor
Percentage owned: 3.46% (11.0m shares)
The Vanguard Group, Inc. Investment Advisor/Hedge Fund
Percentage owned: 3.3% (10.5m shares)
BlackRock Institutional Trust Company, N.A. Investment Advisor
Percentage owned: 3.07% (9.74m shares)
BMO Asset Management Inc. Investment Advisor
Percentage owned: 2.58% (8.20m shares)
RBC Global Asset Management Inc. Investment Advisor
Percentage owned: 2% (6.33m shares)
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