CVE:NXR.UN

CVE:NXR.UN Stock Forecast, Price & News

C$2.09

-0.02 (-0.95 %)

(As of 01/22/2021 03:58 PM ET)

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Today's Range

C$2.09

Now: C$2.09▼

C$2.12

50-Day Range

C$0.02

MA: C$1.92▼

C$2.11

52-Week Range

C$1.09

Now: C$2.09▼

C$2.35

Volume112,470 shs

Average Volume163,024 shs

Market CapitalizationC$234.68 million

P/E Ratio4.33

Dividend Yield7.58%

BetaN/A

Nexus Real Estate Investment Trust (the ÂREITÂ) was established under the laws of Ontario pursuant to its declaration of trust, as amended and restated effective April 28, 2014 and November 28, 2017. The REIT is an open-ended real estate investment trust which owns and operates commercial real estate properties in Western Canada, Ontario, Quebec and Atlantic Canada. The strategy of the REIT is to grow by acquiring commercial real estate assets in jurisdictions, potentially including the United States, where opportunities exist to purchase assets on terms such that the acquisitions are expected to be accretive, on a per unit basis, to the AFFO of the REIT.

Overall MarketRank^™

1.60 out of 5 stars

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for CVE:NXR.UN.

3.6 Community Rank

Outperform Votes
CVE:NXR.UN has received 8 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
CVE:NXR.UN has received 3 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
CVE:NXR.UN has received 72.73% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about CVE:NXR.UN and other stocks. Vote “Outperform” if you believe NXR.UN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe NXR.UN will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
CVE:NXR.UN is a leading dividend payer. It pays a dividend yield of 7.58%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
CVE:NXR.UN does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of CVE:NXR.UN is 33.12%. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CVE:NXR.UN insiders have not sold or bought any company stock.

1.9 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of CVE:NXR.UN is 4.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.95.
Price to Earnings Ratio vs. Sector
The P/E ratio of CVE:NXR.UN is 4.33, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 78.96.
Price to Book Value per Share Ratio
CVE:NXR.UN has a P/B Ratio of 0.79. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange CVE

Industry REIT—Diversified

Sub-IndustryN/A

SectorReal Estate

Current SymbolCVE:NXR.UN

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.nexusreit.com

Phone(403) 817-9496

EmployeesN/A

Debt

Debt-to-Equity Ratio121.75

Current Ratio0.65

Quick Ratio0.42

Price-To-Earnings

Trailing P/E Ratio4.33

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesC$63.91 million

Price / Sales3.67

Cash FlowC$0.15 per share

Price / Cash Flow14.09

Book ValueC$2.65 per share

Price / Book0.79

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares112,287,000

Market CapC$234.68 million

Next Earnings DateN/A

OptionableNot Optionable

C$2.09

-0.02 (-0.95 %)

(As of 01/22/2021 03:58 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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CVE:NXR.UN (CVE:NXR.UN) Frequently Asked Questions

How has CVE:NXR.UN's stock been impacted by COVID-19?

CVE:NXR.UN's stock was trading at C$1.94 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, NXR.UN shares have increased by 7.7% and is now trading at C$2.09.
View which stocks have been most impacted by COVID-19.

What stocks does MarketBeat like better than CVE:NXR.UN?

Wall Street analysts have given CVE:NXR.UN a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but CVE:NXR.UN wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Is CVE:NXR.UN a good dividend stock?

CVE:NXR.UN pays an annual dividend of C$0.16 per share and currently has a dividend yield of 7.58%. NXR.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of CVE:NXR.UN is 33.12%. This payout ratio is at a healthy, sustainable level, below 75%.
View CVE:NXR.UN's dividend history.

Who are some of CVE:NXR.UN's key competitors?

Some companies that are related to CVE:NXR.UN include Picton Property Income Limited (PCTN.L) (PCTN), Schroder Real Estate Investment Trust Limited (SREI.L) (SREI), BMO Real Estate Investments Ltd (BREI.L) (BREI), Fronsac Real Estate Investment Trust (FRO.UN), Alternative Income REIT PLC (AIRE.L) (AIRE), American Finance Trust (AFINP), BTB Real Estate Investment Trust (BTBIF), Covivio (GSEFF), Fibra UNO (FBASF), Goodman Group (GMGSF), GPT Group (GPTGF), H&R Real Estate Investment Trust (HRUFF), Hibernia REIT (HIBRF), Icade (CDMGF) and Japan Prime Realty Investment (JPRRF).
View all of NXR.UN's competitors.

Who are CVE:NXR.UN's key executives?

CVE:NXR.UN's management team includes the following people:

Mr. Kelly Clark Hanczyk, CEO, Pres & Trustee (Age 52, Pay $537k)
Mr. Robert Paul Chiasson, CFO & Sec. (Age 45, Pay $350k)

What is CVE:NXR.UN's stock symbol?

CVE:NXR.UN trades on the Canadian Venture Exchange (CVE) under the ticker symbol "NXR.UN."

How do I buy shares of CVE:NXR.UN?

Shares of NXR.UN 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.

What is CVE:NXR.UN's stock price today?

One share of NXR.UN stock can currently be purchased for approximately C$2.09.

How big of a company is CVE:NXR.UN?

CVE:NXR.UN has a market capitalization of C$234.68 million and generates C$63.91 million in revenue each year.

What is CVE:NXR.UN's official website?

The official website for CVE:NXR.UN is www.nexusreit.com.

How can I contact CVE:NXR.UN?

The company can be reached via phone at (403) 817-9496.

This page was last updated on 1/23/2021 by MarketBeat.com Staff

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