European Residential Real Estate Investment Trust (ERE.UN) Stock Price, News & Analysis

Company Overview

European Residential Real Estate Investment Trust - ERES is an unincorporated, open-ended real estate investment trust. ERES's REIT units are listed on the TSX under the symbol ERE.UN. ERES is Canada's only European-focused multi-residential REIT, with a current initial focus on investing in high-quality multi-residential real estate properties in the Netherlands. ERES owns a portfolio of 137 multi-residential properties, comprised of 5,865 suites and ancillary retail space located in the Netherlands, and owns one office property in Germany and one office property in Belgium. ERES's registered and principal business office is located at 11 Church Street, Suite 401, Toronto, Ontario M5E 1W1.

Key Stats

• Today's Range: C$2.59 to C$2.60
• 50-Day Range: C$2.43 to C$2.60
• 52-Week Range: C$2.24 to C$3.99
• Volume: 34,485 shs
• Average Volume: 272,346 shs
• Market Capitalization: C$239.20 million
• P/E Ratio: 13.68
• Dividend Yield: 6.92%
• Price Target: C$3.18
• Consensus Rating: Moderate Buy

ERE.UN Stock Analysis - Frequently Asked Questions

How have ERE.UN shares performed this year?

European Residential Real Estate Investment Trust's stock was trading at C$3.80 at the beginning of the year. Since then, ERE.UN stock has decreased by 31.6% and is now trading at C$2.60.

How do I buy shares of European Residential Real Estate Investment Trust?

Shares of ERE.UN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: N/A
• Industry: N/A
• Sub-Industry: N/A
• Current Symbol: TSE:ERE.UN
• Previous Symbol: TSE:ERE-UN
• CIK: N/A
• Web: N/A
• Phone: N/A
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Price Target for European Residential Real Estate Investment Trust: C$3.18
• High Price Target: C$4.00
• Low Price Target: C$2.60
• Potential Upside/Downside: +22.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): C$0.19
• Trailing P/E Ratio: 13.68
• Forward P/E Ratio: 21.84
• P/E Growth: N/A
• Net Income: C$29.09 million
• Net Margins: 29.74%
• Pretax Margin: N/A
• Return on Equity: 6.43%
• Return on Assets: 2.49%

Debt

• Debt-to-Equity Ratio: 256.06
• Current Ratio: 0.27
• Quick Ratio: 0.20

Sales & Book Value

• Annual Sales: C$97.83 million
• Price / Sales: 2.45
• Cash Flow: C$0.18 per share
• Price / Cash Flow: 14.22
• Book Value: C$5.03 per share
• Price / Book: 0.52

Miscellaneous

• Outstanding Shares: 92,000,000
• Free Float: N/A
• Market Cap: C$239.20 million
• Optionable: Not Optionable
• Beta: 1.28