CVE:NXR.UNCVE:NXR.UN Stock Price, Forecast & News

C$1.57

+0.09 (+6.08 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

C$1.48

Now: C$1.57▼

C$1.58

50-Day Range

C$1.37

MA: C$1.53▼

C$1.70

52-Week Range

C$1.09

Now: C$1.57▼

C$2.35

Volume256,371 shs

Average VolumeN/A

Market CapitalizationC$160.31 million

P/E Ratio4.12

Dividend Yield10.88%

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.

Beat the Market (BTM) Rank^™

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 10.88%, 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 41.99 %. 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 4.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.36.
Price to Earnings Ratio vs. Sector
The P/E ratio of CVE:NXR.UN is 4.12, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 10.62.
Price to Book Value per Share Ratio
CVE:NXR.UN has a P/B Ratio of 0.67. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.60 out of 5 stars

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

Debt

Debt-to-Equity Ratio126.79

Current Ratio0.25

Quick Ratio0.11

Price-To-Earnings

Trailing P/E Ratio4.12

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesC$57.23 million

Price / Sales2.80

Cash FlowC$0.05 per share

Price / Cash Flow31.25

Book ValueC$2.35 per share

Price / Book0.67

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding Shares102,110,000

Market CapC$160.31 million

Next Earnings DateN/A

OptionableNot Optionable

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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 (Coronavirus)?

CVE:NXR.UN's stock was trading at C$1.94 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, NXR.UN stock has decreased by 19.1% and is now trading at C$1.57. View which stocks have been most impacted by Coronavirus.

Has CVE:NXR.UN been receiving favorable news coverage?

Press coverage about NXR.UN stock has been trending very positive on Friday, InfoTrie reports. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. CVE:NXR.UN earned a media sentiment score of 4.0 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 7.0 out of 10, meaning that recent media coverage is likely to have an effect on the company's share price in the near future. View the latest news aboutCVE:NXR.UN.

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

Some companies that are related to CVE:NXR.UN include BMO Real Estate Investments (BREI), Alpine Income Property Trust (PINE), NexPoint Real Estate Finance (NREF), Fronsac Real Estate Investment Trust (FRO.UN), CQS New City High Yield Fund (AIRE), COLONY C 7.15 SRS I CUM RED PREP PRF (CLNY-PI), COLONY C 7.15 SRS I CUM RED PREP PRF (CLNY.PI), Cominar Real Estate Investment Trust (HRUFF), CorEnergy Infrastructure Trust (CORR-PA), Goodman Group (GMGSF), Icade (CDMGF), Land Securities Group (GSEFF), PT Bank Rakyat Indonesia (Persero) Tbk (FBASF), Saracen Mineral (LNSPF) and VEREIT 6.7 SRS F CUM REDM PRF (VER.PF). View all 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 online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

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

One share of NXR.UN stock can currently be purchased for approximately C$1.57.

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

CVE:NXR.UN has a market capitalization of C$160.31 million and generates C$57.23 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 6/5/2020 by MarketBeat.com Staff