Pure Industrial Real Estate Trust Company Profile (TSE:AAR.UN)

About Pure Industrial Real Estate Trust (TSE:AAR.UN)

Pure Industrial Real Estate Trust logoPure 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/
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: N/A
Dividend:
  • Dividend Yield: 1.0%
Profitability:
  • 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?

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?

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.


MarketBeat Community Rating for Pure Industrial Real Estate Trust (TSE AAR.UN)
Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  100 (Vote Outperform)
Underperform Votes:  69 (Vote Underperform)
Total Votes:  169
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.

Analyst Ratings

Consensus Ratings for Pure Industrial Real Estate Trust (TSE:AAR.UN) (How are Consensus Ratings Calculated?)
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)
Show:
DateFirmActionRatingPrice TargetDetails
8/14/2017Royal Bank Of CanadaBoost Price TargetSector PerformC$6.75 -> C$7.00View Rating Details
5/12/2017CIBCBoost Price TargetC$6.25 -> C$7.00View Rating Details
4/19/2017BMO Capital MarketsReiterated RatingOutperformC$7.00View Rating Details
4/6/2017ScotiabankBoost Price TargetOutperformC$6.25 -> C$6.50View Rating Details
4/6/2017National Bank FinancialReiterated RatingOutperformC$6.75View Rating Details
3/10/2017Eight CapitalBoost Price TargetBuyC$5.75 -> C$6.15View Rating Details
3/8/2017DesjardinsReiterated RatingBuyC$6.25View Rating Details
8/16/2016Canaccord GenuityBoost Price TargetBuyC$6.00 -> C$6.25View Rating Details
5/3/2016Raymond James Financial, Inc.DowngradeOutperform -> Market PerformView Rating Details
(Data available from 9/19/2015 forward)

Earnings

Earnings History for Pure Industrial Real Estate Trust (TSE:AAR.UN)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for Pure Industrial Real Estate Trust (TSE:AAR.UN)

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Dividend History by Quarter for Pure Industrial Real Estate Trust (TSE AAR.UN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/29/2017Monthly$0.034.71%8/29/20179/15/20179/15/2017
7/27/2017Monthly$0.034.62%7/27/20178/15/20178/15/2017
5/29/2017Monthly$0.034.67%5/29/20176/15/20176/15/2017
4/26/2017Monthly$0.034.76%4/26/20175/15/20175/15/2017
1/27/2017Monthly$0.035.54%1/27/20172/15/20172/15/2017
10/27/2016Monthly$0.035.7%10/27/201611/15/201611/15/2016
7/27/2016Monthly$0.035.81%7/27/20168/15/20168/15/2016
6/28/2016Monthly$0.036.15%6/28/20167/15/20167/15/2016
5/27/2016Monthly$0.036.17%5/27/20166/15/20166/15/2016
4/27/2016Monthly$0.036.22%4/27/20165/16/20165/16/2016
2/25/2016Monthly$0.036.86%2/25/20163/15/20163/15/2016
1/27/2016Monthly$0.037.06%1/27/20162/15/20162/15/2016
10/28/2015Monthly$0.036.93%10/28/201511/16/201511/16/2015
(Data available from 1/1/2013 forward)

Insider Trades

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)
Insider Trades by Quarter for Pure Industrial Real Estate Trust (TSE:AAR.UN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/29/2016Douglas R ScottDirectorBuy600C$4.60C$2,760.00
1/18/2016Kevan Stuart GorrieInsiderBuy450C$4.23C$1,903.50
1/13/2016Kevan Stuart GorrieInsiderBuy1,400C$4.27C$5,971.00
1/11/2016Kevan Stuart GorrieInsiderBuy8,000C$4.18C$33,440.00
12/31/2015Francis TamInsiderBuy600C$4.40C$2,640.00
12/29/2015Francis TamInsiderBuy2,150C$4.42C$9,500.85
12/29/2015Thomas Richard TurnerDirectorBuy5,000C$4.40C$21,998.00
12/23/2015Kevan Stuart GorrieInsiderBuy1,650C$4.37C$7,210.50
12/18/2015Francis TamInsiderBuy1,100C$4.27C$4,697.00
12/16/2015Francis TamInsiderBuy2,300C$4.27C$9,821.00
12/15/2015Kevan Stuart GorrieInsiderBuy13,800C$4.20C$57,960.00
12/9/2015Douglas R ScottDirectorBuy2,700C$4.29C$11,583.00
11/24/2015Kevan Stuart GorrieInsiderBuy1,300C$4.50C$5,850.00
9/21/2015Kevan Stuart GorrieInsiderBuy22,250C$4.48C$99,680.00
9/1/2015Francis TamInsiderBuy9,100C$4.49C$40,813.50
8/14/2015Kevan Stuart GorrieInsiderBuy1,200C$4.60C$5,520.00
8/14/2015Thomas Richard TurnerDirectorBuy5,000C$4.60C$23,000.00
6/15/2015Kevan Stuart GorrieInsiderBuy3,000C$4.61C$13,830.00
5/28/2015Douglas R ScottDirectorBuy4,000C$4.78C$19,120.00
5/15/2015Kevan Stuart GorrieInsiderBuy1,200C$4.88C$5,856.00
3/17/2015Francis TamInsiderBuy1,200C$4.95C$5,940.00
3/13/2015Kevan Stuart GorrieInsiderBuy1,450C$4.81C$6,974.50
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Pure Industrial Real Estate Trust (TSE:AAR.UN)
Latest Headlines for Pure Industrial Real Estate Trust (TSE:AAR.UN)
Source:
DateHeadline
fool.ca logoAfter a 2nd Increase in Interest Rates, Is Now the Time to Double Down or Sell REITs? - The Motley Fool Canada
www.fool.ca - September 13 at 3:02 PM
americanbankingnews.com logoPure Industrial Real Estate Trust (AAR.UN) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - September 9 at 4:50 AM
fool.ca logoThe Top Industrial REITs in Canada
www.fool.ca - September 7 at 3:06 PM
fool.ca logoIncome Investors: 1 High-Yield Growth Star to Play the Rise of E-Commerce
www.fool.ca - September 5 at 3:00 PM
forbes.com logoBuy This Transformational REIT That Yields 5%
www.forbes.com - August 31 at 3:07 PM
americanbankingnews.com logoPure Industrial Real Estate Trust (AAR.UN) Announces $0.03 Monthly Dividend
www.americanbankingnews.com - August 28 at 6:26 PM
fool.ca logoRetirees: 3 Great Dividend Stocks to Provide You With Monthly Income
www.fool.ca - August 21 at 8:08 PM
americanbankingnews.com logoPure Industrial Real Estate Trust (TSE:AAR.UN) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - August 15 at 2:38 AM
americanbankingnews.com logoPure Industrial Real Estate Trust (TSE:AAR.UN) PT Raised to C$7.00 at Royal Bank Of Canada
www.americanbankingnews.com - August 14 at 3:34 PM
seekingalpha.com logoPure Industrial Real Estate Trust's (PDTRF) CEO Kevan Gorrie on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 12 at 3:03 PM
marketwatch.com logoPure Industrial Real Estate Trust Opens the Market
www.marketwatch.com - August 10 at 3:24 PM
feeds.benzinga.com logoPure Industrial Real Estate Trust Announces Release of Q2-2017 Financial Results
feeds.benzinga.com - August 9 at 5:46 PM
fool.ca logoPure Industrial Real Estate Trust: Latest Data Says it’s a Buy
www.fool.ca - August 1 at 3:12 PM
reuters.com logoBRIEF-Pure Industrial announces $365 mln of strategic acquisitions and $200 mln equity financing
www.reuters.com - July 26 at 3:00 PM
americanbankingnews.com logoPure Industrial Real Estate Trust (TSE:AAR.UN) Plans $0.03 Monthly Dividend
www.americanbankingnews.com - July 22 at 12:44 PM
americanbankingnews.com logoPure Industrial Real Estate Trust (AAR.UN) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - July 21 at 11:21 AM
fool.ca logoWhere the Opportunities in Industrial Real Estate Can Be Found
www.fool.ca - July 18 at 3:02 PM
seekingalpha.com logoDream Industrial REIT: High Leverage Will Limit Its Future Growth
seekingalpha.com - July 3 at 3:18 PM
americanbankingnews.com logoPure Industrial Real Estate Trust (AAR.UN) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - June 26 at 9:30 AM
reuters.com logoBRIEF-Pure Industrial Real Estate announces core acquisitions and accretive dispositions
www.reuters.com - June 15 at 3:03 PM
americanbankingnews.com logoPure Industrial Real Estate Trust (AAR.UN) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - May 30 at 11:28 AM
americanbankingnews.com logoPure Industrial Real Estate Trust (AAR.UN) to Issue $0.03 Monthly Dividend
www.americanbankingnews.com - May 28 at 9:20 AM
americanbankingnews.com logoRoyal Bank of Canada Boosts Pure Industrial Real Estate Trust (AAR.UN) Price Target to C$6.75
www.americanbankingnews.com - May 15 at 6:22 PM
fool.ca logo2 REITs With Yields up to 4.8% I'd Buy Today - The Motley Fool Canada
www.fool.ca - May 15 at 3:12 PM
americanbankingnews.com logoPure Industrial Real Estate Trust (AAR.UN) PT Raised to C$7.00
www.americanbankingnews.com - May 12 at 2:54 PM
feeds.benzinga.com logoPure Industrial Real Estate Trust Announces Cash Distribution for May, June and July 2017
feeds.benzinga.com - May 12 at 8:56 AM
americanbankingnews.com logoPure Industrial Real Estate Trust (AAR.UN) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - May 3 at 11:42 AM
finance.yahoo.com logoResearch Reports Initiated on REIT Stocks: Pure Industrial Real Estate Trust, Dream Global REIT, NorthWest ... - Yahoo Finance
finance.yahoo.com - May 3 at 5:53 AM
americanbankingnews.com logoPure Industrial Real Estate Trust (AAR.UN) to Issue Monthly Dividend of $0.03
www.americanbankingnews.com - April 25 at 7:38 PM
americanbankingnews.com logoPure Industrial Real Estate Trust's (AAR.UN) "Outperform" Rating Reaffirmed at BMO Capital Markets
www.americanbankingnews.com - April 22 at 10:52 PM
fool.ca logoLet Pure Industrial Real Estate Trust Fatten Up Your Wallet
www.fool.ca - April 14 at 12:07 PM
feeds.benzinga.com logoPure Industrial Real Estate Trust Announces Cash Distribution for April 2017
feeds.benzinga.com - April 13 at 8:24 AM
americanbankingnews.com logoPure Industrial Real Estate Trust (AAR.UN) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - April 7 at 8:25 PM
americanbankingnews.com logoScotiabank Boosts Pure Industrial Real Estate Trust (AAR.UN) Price Target to C$6.50
www.americanbankingnews.com - April 6 at 3:22 PM
americanbankingnews.com logoPure Industrial Real Estate Trust (AAR.UN) Receives Outperform Rating from National Bank Financial
www.americanbankingnews.com - April 6 at 3:22 PM
fool.ca logoThis Could Be the Smartest Marijuana-Related Investment You Make - The Motley Fool Canada
www.fool.ca - April 1 at 3:10 PM
fool.ca logo4 Reasons Your Marijuana Investment Could End in Tears - The Motley Fool Canada
www.fool.ca - March 16 at 3:25 PM
fool.ca logoBeating Next Year’s RSP Deadline
www.fool.ca - March 15 at 8:11 PM
reuters.com logoBRIEF-Pure Industrial Real Estate Trust makes bpard appointment
www.reuters.com - March 10 at 1:05 AM
finance.yahoo.com logoPure Industrial Real Estate Trust Announces Cash Distribution for March 2017 - Yahoo Finance
finance.yahoo.com - March 8 at 3:13 PM
fool.ca logoInvestors: Buy This 7.9% Yielder Instead of Canopy Growth Corp. - The Motley Fool Canada
www.fool.ca - February 21 at 3:31 PM
fool.ca logoWant to Collect Dividends From Legalized Marijuana? Here’s How
www.fool.ca - February 14 at 3:09 PM
finance.yahoo.com logoResearch Reports Initiated on REITs Stocks Pure Industrial Real Estate Trust, Milestone Apartments REIT, Choice Properties REIT, and CT REIT
finance.yahoo.com - February 14 at 3:09 PM
seekingalpha.com logoPure Industrial Real Estate Trust: Buy The Growth Story
seekingalpha.com - February 12 at 3:07 PM
bloomberg.com logoTop Canadian Industrial REIT Bets on E-Commerce and Pot
www.bloomberg.com - February 9 at 3:09 PM
finance.yahoo.com logoPure Industrial Real Estate Trust Announces Closing of Atlanta Acquisition - Yahoo Finance
finance.yahoo.com - February 2 at 3:04 PM
benzinga.com logoPure Industrial Real Estate Trust Announces Closing of Atlanta Acquisition - Benzinga
www.benzinga.com - February 1 at 8:20 PM
fool.ca logoA PIRET With Nothing to Plunder! - The Motley Fool Canada
www.fool.ca - January 20 at 3:01 PM
fool.ca logoJust in Time for Christmas: 3 Stocks Under $10 That Make for Great Stocking Stuffers - The Motley Fool Canada
www.fool.ca - December 1 at 3:13 PM
baystreet.ca logoResearch Reports Initiated on Real Estate Stocks CT REIT, Choice Properties REIT, Pure Industrial Real Estate Trust ... - Baystreet.ca
www.baystreet.ca - December 1 at 3:13 PM

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Chart

Pure Industrial Real Estate Trust (AAR.UN) Chart for Tuesday, September, 19, 2017

This page was last updated on 9/19/2017 by MarketBeat.com Staff