TSE:EIT.UN - Canoe EIT Income Fund Stock Price, Forecast & News

C$10.41

+0.03 (+0.29 %)

(As of 12/8/2019 04:00 PM ET)

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Today's Range

C$10.39

Now: C$10.41▼

C$10.45

50-Day Range

C$10.30

MA: C$10.76▼

C$11.19

52-Week Range

C$9.04

Now: C$10.41▼

C$11.56

Volume157,273 shs

Average Volume125,862 shs

Market CapitalizationC$1.22 billion

P/E Ratio146.62

Dividend Yield11.49%

BetaN/A

Canoe EIT Income Fund is a closed-ended balanced fund launched and managed by Canoe Financial LP. It is co-managed by Haber Trilix Advisors, LP. The fund invests in the public equity and fixed income markets of Canada and the United States. Its equity portion seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in growth and value stocks of mid-cap and large-cap companies. It invests in equity and debt securities of royalty and income trusts, corporations, partnerships, or other issuers. The fund was formerly known as EnerVest Diversified Income Trust. Canoe EIT Income Fund was formed on August 5, 1997 and is domiciled in Canada.

Industry, Sector and Symbol

Stock Exchange TSE

Industry Asset Management

Sub-IndustryN/A

SectorFinancial Services

Current SymbolTSE:EIT.UN

Previous Symbol

CUSIPN/A

CIKN/A

Webhttp://www.canoefinancial.com/

Phone+1-403-5715550

Debt

Debt-to-Equity Ratio24.67

Current Ratio3.33

Quick Ratio3.33

Price-To-Earnings

Trailing P/E Ratio146.62

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesC$43.04 million

Price / Sales28.44

Cash FlowC$3.07 per share

Price / Cash Flow3.39

Book ValueC$10.69 per share

Price / Book0.97

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 Shares117,609,000

Market CapC$1.22 billion

Next Earnings DateN/A

OptionableNot Optionable

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Canoe EIT Income Fund (TSE:EIT.UN) Frequently Asked Questions

What is Canoe EIT Income Fund's stock symbol?

Canoe EIT Income Fund trades on the Toronto Stock Exchange (TSX) under the ticker symbol "EIT.UN."

How often does Canoe EIT Income Fund pay dividends? What is the dividend yield for Canoe EIT Income Fund?

Canoe EIT Income Fund declared a monthly dividend on Thursday, November 21st. Investors of record on Friday, December 13th will be given a dividend of 0.10 per share on Friday, December 13th. This represents a $1.20 dividend on an annualized basis and a yield of 11.53%. The ex-dividend date of this dividend is Thursday, November 21st. View Canoe EIT Income Fund's Dividend History.

Has Canoe EIT Income Fund been receiving favorable news coverage?

News articles about EIT.UN stock have trended somewhat positive on Sunday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Canoe EIT Income Fund earned a news impact score of 2.0 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 8.0 out of 10, indicating that recent media coverage is very likely to have an effect on the company's share price in the immediate future. View News Stories for Canoe EIT Income Fund.

Who are some of Canoe EIT Income Fund's key competitors?

Some companies that are related to Canoe EIT Income Fund include Challenger (CGF), Old Mutual (OMU), Intermediate Capital Group (ICP), Grenke (GLJ), Ashmore Group (ASHM), RIT Capital Partners (RCP), Milton (MLT), Investec (INVP), HICL Infrastructure (HICL), Quilter (QLT), Norbord (OSB), IOOF (IFL), Alliance Trust (ATST), Pendal Group (PDL) and Platinum Asset Management (PTM).

What other stocks do shareholders of Canoe EIT Income Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Canoe EIT Income Fund investors own include Freehold Royalties (FRU), Timbercreek Financial (TF), Emera (EMA), Bank of Nova Scotia (BNS), Bank of Nova Scotia (BNS), Regal Lifestyle Communities (RLC), Pembina Pipeline (PPL), Crescent Point Energy (CPG), Baytex Energy (BTE) and Cott (BCB).

Who are Canoe EIT Income Fund's key executives?

Canoe EIT Income Fund's management team includes the folowing people:

Ms. Renata Colic, Chief Financial Officer of Canoe Financial Corp
Ms. Jodi Peake, VP of Marketing & Investor Relations - Canoe Financial Corp
Mr. Rafi G. Tahmazian, MD, Sr. Portfolio Mngr & Director of Canoe Financial Corp. (Age 53)
Mr. Robert J. Taylor CA, CFA, Sr. VP of Canoe Financial LP and Portfolio Mang. of Canoe Financial LP
Mr. David James Rain, VP of Canoe Financial Corp. and Director of Canoe Financial Corp. (Age 54)

How do I buy shares of Canoe EIT Income Fund?

Shares of EIT.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 Canoe EIT Income Fund's stock price today?

One share of EIT.UN stock can currently be purchased for approximately C$10.41.

How big of a company is Canoe EIT Income Fund?

Canoe EIT Income Fund has a market capitalization of C$1.22 billion and generates C$43.04 million in revenue each year. View Additional Information About Canoe EIT Income Fund.

What is Canoe EIT Income Fund's official website?

The official website for Canoe EIT Income Fund is http://www.canoefinancial.com/.

How can I contact Canoe EIT Income Fund?

Canoe EIT Income Fund's mailing address is 350 7 Ave SW 39th Floor, CALGARY, AB T2P 3N9, Canada. The company can be reached via phone at +1-403-5715550.

MarketBeat Community Rating for Canoe EIT Income Fund (TSE EIT.UN)

Community Ranking:		3.0 out of 5 ( )
Outperform Votes:		138 (Vote Outperform)
Underperform Votes:		95 (Vote Underperform)
Total Votes:		233

MarketBeat's community ratings are surveys of what our community members think about Canoe EIT Income Fund and other stocks. Vote "Outperform" if you believe EIT.UN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EIT.UN will underperform the S&P 500 over the long term. You may vote once every thirty days.

This page was last updated on 12/8/2019 by MarketBeat.com Staff

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