Pure Industrial Real Estate Trust (PIRET) is a Canada-based unincorporated, open-ended investment trust that owns and operates a portfolio of income-producing industrial properties. The Trust's primary objectives are to generate stable and growing cash distributions from investments in income producing industrial properties in markets across Canada and distribution and logistics markets in the United States; to maximize the long-term value of the properties through active management, and to expand its asset base and increase its distributable income through an accretive acquisition program. The Trust operates through five segments, which include British Columbia (BC), Alberta (AB), Ontario (ON), the United States of America (USA) and Other. PIRET is a real estate investment trust (REIT) that focuses on investing in industrial properties. Its subsidiaries include PIRET Holdings (Canada) Ltd., PIRET USA Inc., PIRET Management Corporation and PIRET Management LP.
Industry, Sector and Symbol:
- Sector: N/A
- Industry: N/A
- Sub-Industry: N/A
- Symbol: TSE:AAR.UN
- CUSIP: N/A
- Web: www.piret.ca/
- Trailing P/E Ratio: N/A
- P/E Growth: N/A
- Net Margins: 95.33%
- Return on Equity: 13.99%
- Return on Assets: 7.93%
Frequently Asked Questions for Pure Industrial Real Estate Trust (TSE:AAR.UN)
What is Pure Industrial Real Estate Trust's stock symbol?
Pure Industrial Real Estate Trust trades on the Tornton Stock Exchange (TSX) under the ticker symbol "AAR.UN."
How often does Pure Industrial Real Estate Trust pay dividends? What is the dividend yield for Pure Industrial Real Estate Trust?
Pure Industrial Real Estate Trust declared a monthly dividend on Tuesday, August 29th. Shareholders of record on Friday, September 15th will be given a dividend of 0.026 per share on Friday, September 15th. This represents a $0.31 annualized dividend and a dividend yield of Infinity. The ex-dividend date is Tuesday, August 29th. View Pure Industrial Real Estate Trust's Dividend History.
Where is Pure Industrial Real Estate Trust's stock going? Where will Pure Industrial Real Estate Trust's stock price be in 2017?
7 brokerages have issued 12 month price targets for Pure Industrial Real Estate Trust's shares. Their predictions range from C$6.15 to C$7.00. On average, they expect Pure Industrial Real Estate Trust's stock price to reach C$6.66 in the next year. View Analyst Ratings for Pure Industrial Real Estate Trust.
Who are some of Pure Industrial Real Estate Trust's key competitors?
Some companies that are related to Pure Industrial Real Estate Trust include Colliers International Group (CIG), Kirkland Lake Gold Ltd (NMI), Osisko Mining Corp (OBM), Royal Bank of Canada (RY), Bank of Nova Scotia (BNS), Enbridge (ENB), Canadian National Railway Company (CNR), Suncor Energy (SU), Bank of Montreal (BMO), TransCanada (TRP), BCE (BCE), Canadian Natural Resources Limited (CNQ), Manulife Financial Corp. (MFC), Canadian Imperial Bank of Commerce (CM), Thomson Reuters Corp (TRI), Great-West Lifeco (GWO), Imperial Oil Ltd (IMO) and Sun Life Financial (SLF).
Who are Pure Industrial Real Estate Trust's key executives?
Pure Industrial Real Estate Trust's management team includes the folowing people:
- T. Richard Turner, Independent Chairman of the Board of Trustee
- Kevan S. Gorrie, President, Chief Executive Officer, Trustee
- Stephen J. Evans, Co-Founder, Trustee
- Teresa Neto, Chief Financial Officer
- James K. Bogusz CPA, Independent Trustee
- Paul G. Haggis, Independent Trustee
- Robert W. King, Independent Trustee
- Elisabeth S. Wigmore, Independent Trustee
How do I buy Pure Industrial Real Estate Trust stock?
MarketBeat Community Rating for Pure Industrial Real Estate Trust (TSE AAR.UN)MarketBeat's community ratings are surveys of what our community members think about Pure Industrial Real Estate Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Shares of Pure Industrial Real Estate Trust 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.
Consensus Ratings for Pure Industrial Real Estate Trust (TSE:AAR.UN) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Hold Rating, 6 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.86)|
|Consensus Price Target: ||C$6.66|
Analysts' Ratings History for Pure Industrial Real Estate Trust (TSE:AAR.UN)
(Data available from 9/19/2015 forward)
|8/14/2017||Royal Bank Of Canada||Boost Price Target||Sector Perform||C$6.75 -> C$7.00|
|5/12/2017||CIBC||Boost Price Target||C$6.25 -> C$7.00|
|4/19/2017||BMO Capital Markets||Reiterated Rating||Outperform||C$7.00|
|4/6/2017||Scotiabank||Boost Price Target||Outperform||C$6.25 -> C$6.50|
|4/6/2017||National Bank Financial||Reiterated Rating||Outperform||C$6.75|
|3/10/2017||Eight Capital||Boost Price Target||Buy||C$5.75 -> C$6.15|
|8/16/2016||Canaccord Genuity||Boost Price Target||Buy||C$6.00 -> C$6.25|
|5/3/2016||Raymond James Financial, Inc.||Downgrade||Outperform -> Market Perform|
Earnings History for Pure Industrial Real Estate Trust (TSE:AAR.UN)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Pure Industrial Real Estate Trust (TSE:AAR.UN)
No earnings estimates for this company have been tracked by MarketBeat.com
Dividend History by Quarter for Pure Industrial Real Estate Trust (TSE AAR.UN)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Pure Industrial Real Estate Trust (TSE:AAR.UN)Insider Trades by Quarter for Pure Industrial Real Estate Trust (TSE:AAR.UN)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|3/29/2016||Douglas R Scott||Director||Buy||600||C$4.60||C$2,760.00|
|1/18/2016||Kevan Stuart Gorrie||Insider||Buy||450||C$4.23||C$1,903.50|
|1/13/2016||Kevan Stuart Gorrie||Insider||Buy||1,400||C$4.27||C$5,971.00|
|1/11/2016||Kevan Stuart Gorrie||Insider||Buy||8,000||C$4.18||C$33,440.00|
|12/29/2015||Thomas Richard Turner||Director||Buy||5,000||C$4.40||C$21,998.00|
|12/23/2015||Kevan Stuart Gorrie||Insider||Buy||1,650||C$4.37||C$7,210.50|
|12/15/2015||Kevan Stuart Gorrie||Insider||Buy||13,800||C$4.20||C$57,960.00|
|12/9/2015||Douglas R Scott||Director||Buy||2,700||C$4.29||C$11,583.00|
|11/24/2015||Kevan Stuart Gorrie||Insider||Buy||1,300||C$4.50||C$5,850.00|
|9/21/2015||Kevan Stuart Gorrie||Insider||Buy||22,250||C$4.48||C$99,680.00|
|8/14/2015||Kevan Stuart Gorrie||Insider||Buy||1,200||C$4.60||C$5,520.00|
|8/14/2015||Thomas Richard Turner||Director||Buy||5,000||C$4.60||C$23,000.00|
|6/15/2015||Kevan Stuart Gorrie||Insider||Buy||3,000||C$4.61||C$13,830.00|
|5/28/2015||Douglas R Scott||Director||Buy||4,000||C$4.78||C$19,120.00|
|5/15/2015||Kevan Stuart Gorrie||Insider||Buy||1,200||C$4.88||C$5,856.00|
|3/13/2015||Kevan Stuart Gorrie||Insider||Buy||1,450||C$4.81||C$6,974.50|
Headline Trends for Pure Industrial Real Estate Trust (TSE:AAR.UN)
Latest Headlines for Pure Industrial Real Estate Trust (TSE:AAR.UN)
Pure Industrial Real Estate Trust (AAR.UN) Chart for Tuesday, September, 19, 2017