OTCMKTS:SMMCF

Summit Industrial Income REIT (SMMCF) Stock Forecast, Price & News

$17.27

0.00 (0.00%)

(As of 02/21/2023)

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Today's Range: $17.27
▼
$17.27
50-Day Range: $17.27
▼
$17.27
52-Week Range: $11.84
▼
$18.83

Volume: N/A
Average Volume: 5,369 shs
Market Capitalization: N/A

P/E Ratio: 29.50
Dividend Yield: 1.22%
Price Target: $22.80

Profile Analyst Ratings Chart Competitors Headlines Short Interest

About Summit Industrial Income REIT (OTCMKTS:SMMCF) Stock

Summit Industrial Income REIT is an open-ended mutual fund trust, which engages in growing and managing a portfolio of light industrial properties. Its properties are located in Ontario, Quebec, Alberta, British Columbia, and New Brunswick. The company was founded on November 24, 1998 and is headquartered in Markham, Canada.

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SMMCF Stock News Headlines

April 6, 2023 | americanbankingnews.com

Head to Head Review: Summit Industrial Income REIT (OTCMKTS:SMMCF) and STAG Industrial (NYSE:STAG)

April 3, 2023 | americanbankingnews.com

Head-To-Head Review: Summit Industrial Income REIT (SMMCF) & Its Rivals

June 8, 2023 | Legacy Research (Affiliate) (Ad)

Sell Every Stock, Except ONE (Ticker Revealed)

We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.

March 29, 2023 | americanbankingnews.com

Head-To-Head Contrast: Summit Industrial Income REIT (OTCMKTS:SMMCF) and UDR (NYSE:UDR)

March 26, 2023 | americanbankingnews.com

Contrasting Summit Industrial Income REIT (SMMCF) & The Competition

March 22, 2023 | americanbankingnews.com

Summit Industrial Income REIT (SMMCF) vs. The Competition Financial Analysis

March 21, 2023 | americanbankingnews.com

Summit Industrial Income REIT (SMMCF) & Its Rivals Financial Analysis

December 7, 2022 | finance.yahoo.com

ISS and Glass Lewis Recommend Summit Industrial Income REIT Unitholders Vote FOR the Proposed Transaction with GIC and Dream Industrial Real Estate Investment Trust and Summit Industrial Income REIT Announces Receipt of Competition Act Approval

June 8, 2023 | Legacy Research (Affiliate) (Ad)

Sell Every Stock, Except ONE (Ticker Revealed)

November 22, 2022 | finance.yahoo.com

Update on special meeting of unitholders to approve the proposed acquisition of Summit Industrial Income REIT by GIC and Dream Industrial Real Estate Investment Trust in C$5.9 billion transaction

November 9, 2022 | finance.yahoo.com

Summit Industrial Income REIT Reports Third Quarter 2022 Financial Results

November 8, 2022 | markets.businessinsider.com

Canaccord Genuity downgrades Summit Industrial Income REIT (SMMCF) to a Hold

November 7, 2022 | msn.com

Tight industrial real estate market seen providing 'buffer' in $5.9 billion deal for Summit REIT

November 7, 2022 | financialpost.com

Singapore sovereign fund and Dream Industrial to buy Summit Industrial Income REIT

November 7, 2022 | reuters.com

Singapore's GIC, partner to buy Canadian REIT Summit for $3.3 bln

November 7, 2022 | benzinga.com

SUMMIT INDUSTRIAL INCOME REIT ENTERS INTO AGREEMENT TO BE ACQUIRED BY GIC IN PARTNERSHIP WITH DREAM INDUSTRIAL REIT IN C$5.9 BILLION TRANSACTION

November 7, 2022 | finance.yahoo.com

SUMMIT INDUSTRIAL INCOME REIT ENTERS INTO AGREEMENT TO BE ACQUIRED BY GIC IN PARTNERSHIP WITH DREAM INDUSTRIAL REIT IN C$5.9 BILLION TRANSACTION

August 15, 2022 | finance.yahoo.com

Summit Industrial Income REIT Announces August 2022 Cash Distribution

July 5, 2022 | finance.yahoo.com

Summit Industrial Income REIT Announces Timing of Second Quarter 2022 Results and Conference Call

May 16, 2022 | seekingalpha.com

Summit Industrial Income REIT raises dividend by 3% to CAD 0.0484

February 16, 2022 | seekingalpha.com

Summit Industrial Income REIT FFO of $0.178, revenue of $56.91M

January 14, 2022 | seekingalpha.com

Summit Industrial Income REIT declares CAD 0.047 dividend

December 24, 2021 | insidermonkey.com

Hedge Fund and Insider Trading News: Dan Loeb, Chase Coleman, Ray Dalio, Finch Therapeutics Group Inc (FNCH), Summit Industrial Income REIT (SMMCF), and More

July 29, 2020 | markets.businessinsider.com

Summit Industrial Income REIT Reports Improved Collection of July 2020 Rents

February 14, 2020 | seekingalpha.com

Summit Industrial Income REIT declares CAD 0.045 dividend

November 14, 2019 | seekingalpha.com

Summit Industrial Income REIT 2019 Q3 - Results - Earnings Call Presentation

See More Headlines

SMMCF Price History

30 days | 90 days | 365 days | Advanced Chart

Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Real Estate Investment Trusts
Sub-Industry: N/A
Sector: Finance
Current Symbol: OTCMKTS:SMMCF
CUSIP: N/A
CIK: N/A
Web: www.summitIIreit.com
Phone: (905) 791-1181
Fax: N/A
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $22.80
High Stock Price Forecast: $23.50
Low Stock Price Forecast: $21.50
Forecasted Upside/Downside: +32.1%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 29.50
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

Key Executives

Paul Dykeman
Chief Executive Officer & Non-Independent Trustee

Dayna M. Gibbs
Chief Operating Officer

Ross Drake
Chief Financial Officer

Jonathan Robbins
Senior Vice President-Investments

Key Competitors

View All Competitors

SMMCF Stock - Frequently Asked Questions

Should I buy or sell Summit Industrial Income REIT stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Summit Industrial Income REIT in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SMMCF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SMMCF, but not buy additional shares or sell existing shares.
View SMMCF analyst ratings or view top-rated stocks.
What is Summit Industrial Income REIT's stock price forecast for 2023?: 3 brokerages have issued 12-month price objectives for Summit Industrial Income REIT's stock. Their SMMCF share price forecasts range from $21.50 to $23.50. On average, they expect the company's stock price to reach $22.80 in the next twelve months. This suggests a possible upside of 32.1% from the stock's current price.
View analysts price targets for SMMCF or view top-rated stocks among Wall Street analysts.
How have SMMCF shares performed in 2023?: Summit Industrial Income REIT's stock was trading at $16.50 at the beginning of 2023. Since then, SMMCF shares have increased by 4.6% and is now trading at $17.2653.
View the best growth stocks for 2023 here.
Is Summit Industrial Income REIT a good dividend stock?: Summit Industrial Income REIT (OTCMKTS:SMMCF) pays an annual dividend of $0.21 per share and currently has a dividend yield of 8.26%. SMMCF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 35.88%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for SMMCF.

What is Summit Industrial Income REIT's stock symbol?: Summit Industrial Income REIT trades on the OTCMKTS under the ticker symbol "SMMCF."
How do I buy shares of Summit Industrial Income REIT?: Shares of SMMCF 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 Summit Industrial Income REIT's stock price today?: One share of SMMCF stock can currently be purchased for approximately $17.27.
How can I contact Summit Industrial Income REIT?: Summit Industrial Income REIT's mailing address is 75 Summerlea Road, Brampton, ON L6T. The official website for the company is www.summitIIreit.com. The company can be reached via phone at (905) 791-1181.

This page (OTCMKTS:SMMCF) was last updated on 6/8/2023 by MarketBeat.com Staff

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