OTCMKTS:RIOCF RioCan Real Estate Investment Trust (RIOCF) Stock Forecast, Price & News $15.09 +0.34 (+2.31%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$14.80▼$15.0950-Day Range$14.64▼$16.2052-Week Range$12.99▼$18.00Volume3,358 shsAverage Volume15,712 shsMarket CapitalizationN/AP/E Ratio6.13Dividend Yield9.34%Price Target$24.75 ProfileProfileAnalyst RatingsChartCompetitorsDividendHeadlinesShort InterestProfileAnalyst RatingsChartCompetitorsDividendHeadlinesShort Interest RioCan Real Estate Investment Trust MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside64.0% Upside$24.75 Price TargetShort InterestBearishDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.06 out of 5 stars 3.5 Analyst's Opinion Consensus RatingRioCan Real Estate Investment Trust has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $24.75, RioCan Real Estate Investment Trust has a forecasted upside of 64.0% from its current price of $15.09.Amount of Analyst CoverageRioCan Real Estate Investment Trust has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares ShortedShort Interest Ratio / Days to CoverRioCan Real Estate Investment Trust has a short interest ratio ("days to cover") of 179.2, which indicates bearish sentiment.Change versus previous monthShort interest in RioCan Real Estate Investment Trust has recently decreased by 4.97%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend LeadershipRioCan Real Estate Investment Trust is a leading dividend payer. It pays a dividend yield of 5.49%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthRioCan Real Estate Investment Trust does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of RioCan Real Estate Investment Trust is 57.26%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RIOCF. Previous Next N/A News and Social Media Coverage Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, RioCan Real Estate Investment Trust insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 33.63% of the stock of RioCan Real Estate Investment Trust is held by institutions. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of RioCan Real Estate Investment Trust is 6.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.91.Price to Earnings Ratio vs. SectorThe P/E ratio of RioCan Real Estate Investment Trust is 6.13, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 159.14. Previous Next See Top Rated MarketRank™ Stocks Here About RioCan Real Estate Investment Trust (OTCMKTS:RIOCF) StockRioCan Real Estate Investment Trust is a closed-end trust, which engages in owning, development, and management of retail-focused properties. Its property portfolio includes mixed-use or urban, grocery anchored, open air, and enclosed centers. The company was founded by Edward Sonshine on July 10, 1981 and is headquartered in Toronto, Canada.Read More Receive RIOCF Stock News and Ratings via Email Sign-up to receive the latest news and ratings for RioCan Real Estate Investment Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address RIOCF Stock News HeadlinesMay 25, 2023 | americanbankingnews.comRioCan Real Estate Investment Trust (RIOCF) to Issue Dividend of $0.07 on June 7thMay 25, 2023 | americanbankingnews.comRioCan Real Estate Investment Trust (RIOCF) To Go Ex-Dividend on May 30thJune 3, 2023 | Vantage Point (Ad)We Called (ARWR) In Advance, Which Stocks Are Next?Nearly 56% gains in 30 days! This bullish trend reversal was not only forecasted by A.I., but we called it 1 – 3 days in advance. If you have any money invested in the markets…even just your retirement, you’ll want to see this. Plus, it’s FREE - the training is only an hour & LIVE. May 19, 2023 | americanbankingnews.comRioCan Real Estate Investment Trust (OTCMKTS:RIOCF) PT Lowered to C$25.50 at ScotiabankMay 16, 2023 | markets.businessinsider.comAnalysts Conflicted on These Financial Names: Physicians Realty (DOC), RioCan Real Estate Investment (OtherRIOCF) and Melcor Developments (OtherMODVF)May 15, 2023 | finance.yahoo.comRioCan Real Estate Investment Trust Announces May 2023 DistributionMay 14, 2023 | americanbankingnews.comRioCan Real Estate Investment Trust (OTCMKTS:RIOCF) Short Interest Down 15.0% in AprilMay 13, 2023 | americanbankingnews.comRioCan Real Estate Investment Trust (OTCMKTS:RIOCF) Given New C$25.50 Price Target at DesjardinsJune 3, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 12, 2023 | americanbankingnews.comCritical Contrast: RioCan Real Estate Investment Trust (OTCMKTS:RIOCF) versus Alexander & Baldwin (NYSE:ALEX)May 11, 2023 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: RioCan Real Estate Investment (OtherRIOCF), Scentre Group (OtherSTGPF) and Goodman Group (OtherGMGSF)May 10, 2023 | finance.yahoo.comRioCan's Strong First Quarter 2023 Results Reinforces Confidence in FFO/Unit Growth Target for the YearApril 23, 2023 | americanbankingnews.comRioCan Real Estate Investment Trust (RIOCF) to Issue Dividend of $0.07 on May 5thApril 17, 2023 | benzinga.comRioCan Real Estate Investment Trust Announces April 2023 DistributionApril 17, 2023 | finance.yahoo.comRioCan Real Estate Investment Trust Announces April 2023 DistributionApril 2, 2023 | americanbankingnews.comDesjardins Initiates Coverage on RioCan Real Estate Investment Trust (OTCMKTS:RIOCF)March 30, 2023 | finance.yahoo.comRioCan Real Estate Investment Trust Schedules First Quarter 2023 Earnings Release, Conference Call and WebcastMarch 24, 2023 | americanbankingnews.comRioCan Real Estate Investment Trust (RIOCF) to Issue Dividend of $0.07 on April 7thMarch 1, 2023 | finance.yahoo.comRioCan Real Estate Investment Trust announces offering of $200 million, Series AG senior unsecured debentures with a coupon of 5.611% and an all-in interest rate of 5.184% after including the benefits of bond forward hedgesFebruary 16, 2023 | msn.comRioCan Real Estate Investment Trust raises monthly distributions, reports Q4 lossFebruary 16, 2023 | theglobeandmail.comRioCan Real Estate Investment Trust raises monthly distributions, reports fourth-quarter lossFebruary 16, 2023 | seekingalpha.comRioCan Real Estate Investment Trust raises dividend by 6% to CAD 0.09February 15, 2023 | finance.yahoo.comRioCan achieves high end of FFO guidance range and announces 6% distribution increaseJanuary 17, 2023 | msn.comRioCan Real Estate Investment Trust declares CAD 0.085 dividendDecember 30, 2022 | financialpost.comRioCan Real Estate Investment Trust Schedules Fourth Quarter 2022 Earnings Release, Conference Call and WebcastDecember 12, 2022 | apnews.comRioCan Real Estate Investment TrustEstablishes Automatic Securities Repurchase PlanDecember 12, 2022 | finance.yahoo.comRioCan Real Estate Investment Trust Establishes Automatic Securities Repurchase PlanSee More Headlines RIOCF Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RIOCF Company Calendar Ex-Dividend for 5/5 Dividend4/27/2023Dividend Payable5/05/2023Ex-Dividend for 6/7 Dividend5/30/2023Today6/03/2023Dividend Payable6/07/2023Next Earnings (Estimated)8/07/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeOTCMKTS Industry Real Estate Investment Trusts Sub-IndustryN/A SectorFinance Current SymbolOTCMKTS:RIOCF CUSIPN/A CIKN/A Webwww.riocan.com Phone(416) 866-3033FaxN/AEmployees600Year FoundedN/APrice Target and Rating Average Stock Price Forecast$24.75 High Stock Price Forecast$26.00 Low Stock Price Forecast$22.75 Forecasted Upside/Downside+64.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio6.13 Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableNot Optionable BetaN/A Key ExecutivesJonathan GitlinPresident, Chief Executive Officer & DirectorJohn BallantyneChief Operating OfficerDennis BlasuttiChief Financial OfficerGeorge HoVice President-Information TechnologyJennifer SuessSecretary, Senior Vice President & General CounselKey CompetitorsACRE Realty InvestorsNYSEMKT:AIIIAedifica NV/SAOTCMKTS:AEDFFalstria office REITOTCMKTS:ALSRFAmerican Hotel Income Properties REITOTCMKTS:AHOTFAmerican Spectrum RealtyOTCMKTS:AQQSQView All Competitors RIOCF Stock - Frequently Asked Questions Should I buy or sell RioCan Real Estate Investment Trust stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RioCan Real Estate Investment Trust in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" RIOCF shares. View RIOCF analyst ratings or view top-rated stocks. What is RioCan Real Estate Investment Trust's stock price forecast for 2023? 2 analysts have issued 12-month target prices for RioCan Real Estate Investment Trust's stock. Their RIOCF share price forecasts range from $22.75 to $26.00. On average, they anticipate the company's share price to reach $24.75 in the next twelve months. This suggests a possible upside of 64.0% from the stock's current price. View analysts price targets for RIOCF or view top-rated stocks among Wall Street analysts. How have RIOCF shares performed in 2023? RioCan Real Estate Investment Trust's stock was trading at $15.5601 on January 1st, 2023. Since then, RIOCF stock has decreased by 3.0% and is now trading at $15.0902. View the best growth stocks for 2023 here. Are investors shorting RioCan Real Estate Investment Trust? RioCan Real Estate Investment Trust saw a drop in short interest in April. As of April 30th, there was short interest totaling 2,111,600 shares, a drop of 15.0% from the April 15th total of 2,483,100 shares. Based on an average daily volume of 5,200 shares, the short-interest ratio is currently 406.1 days. View RioCan Real Estate Investment Trust's Short Interest. When is RioCan Real Estate Investment Trust's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 7th 2023. View our RIOCF earnings forecast. How often does RioCan Real Estate Investment Trust pay dividends? What is the dividend yield for RioCan Real Estate Investment Trust? RioCan Real Estate Investment Trust declared a dividend on Tuesday, May 23rd. Investors of record on Wednesday, May 31st will be given a dividend of $0.0667 per share on Wednesday, June 7th. This represents a yield of 5.33%. The ex-dividend date of this dividend is Tuesday, May 30th. Read our dividend analysis for RIOCF. Is RioCan Real Estate Investment Trust a good dividend stock? RioCan Real Estate Investment Trust (OTCMKTS:RIOCF) pays an annual dividend of $1.41 per share and currently has a dividend yield of 5.49%. RIOCF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 57.26%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for RIOCF. What is RioCan Real Estate Investment Trust's stock symbol? RioCan Real Estate Investment Trust trades on the OTCMKTS under the ticker symbol "RIOCF." How do I buy shares of RioCan Real Estate Investment Trust? Shares of RIOCF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is RioCan Real Estate Investment Trust's stock price today? One share of RIOCF stock can currently be purchased for approximately $15.09. How many employees does RioCan Real Estate Investment Trust have? The company employs 600 workers across the globe. How can I contact RioCan Real Estate Investment Trust? RioCan Real Estate Investment Trust's mailing address is RioCan Yonge Eglinton Centre, Toronto, ON M4P. The official website for the company is www.riocan.com. The company can be reached via phone at (416) 866-3033. This page (OTCMKTS:RIOCF) was last updated on 6/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding RioCan Real Estate Investment Trust Please log in to your account or sign up in order to add this asset to your watchlist. 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