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S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Urgent Warning (Ad)
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
Urgent Warning (Ad)
Travel disruption hits Germany on eve of transport strike
Berlin climate proposal fails to get enough yes votes to win
Urgent Warning (Ad)
Adele extends Las Vegas residency, plans concert film
Turkmenistan votes for new, opposition-free parliament
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Urgent Warning (Ad)
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
Urgent Warning (Ad)
Travel disruption hits Germany on eve of transport strike
Berlin climate proposal fails to get enough yes votes to win
Urgent Warning (Ad)
Adele extends Las Vegas residency, plans concert film
Turkmenistan votes for new, opposition-free parliament
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Urgent Warning (Ad)
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
Urgent Warning (Ad)
Travel disruption hits Germany on eve of transport strike
Berlin climate proposal fails to get enough yes votes to win
Urgent Warning (Ad)
Adele extends Las Vegas residency, plans concert film
Turkmenistan votes for new, opposition-free parliament
TSE:ERE.UN

European Residential Real Estate Investment Trust - ERE.UN Stock Forecast, Price & News

C$3.25
+0.01 (+0.31%)
(As of 03/24/2023 08:52 PM ET)
Add
Today's Range
C$3.21
C$3.26
50-Day Range
C$3.21
C$3.75
52-Week Range
C$2.70
C$5.06
Volume
30,588 shs
Average Volume
86,334 shs
Market Capitalization
C$293.35 million
P/E Ratio
4.45
Dividend Yield
5.54%
Price Target
C$4.44

European Residential Real Estate Investment Trust MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
36.7% Upside
C$4.44 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.76mentions of European Residential Real Estate Investment Trust in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.39 out of 5 stars


ERE.UN stock logo

About European Residential Real Estate Investment Trust (TSE:ERE.UN) Stock

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.

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ERE.UN Stock News Headlines

The gold catalyst we’ve waited for
If you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK.
Louisville Residential Real Estate News
The "King Of Quants" sees 10X potential...
Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...
Property Portfolio Valuation
BSR REIT ANNOUNCES Q1 2022 FINANCIAL RESULTS
ATS, CAE, Emera at 52-Week Highs on News
BSR REIT Announces March 2021 Cash Distribution
BSR Announces Minimal Damage From Historic Winter Storm
BSR REIT Announces January 2021 Cash Distribution
See More Headlines
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Industry, Sector and Symbol

Industry
N/A
Sub-Industry
N/A
Sector
N/A
Current 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 Stock Price Forecast
C$4.44
High Stock Price Forecast
C$5.00
Low Stock Price Forecast
C$3.70
Forecasted Upside/Downside
+36.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
C$116.42 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$89.25 million
Cash Flow
C$0.23 per share
Book Value
C$6.09 per share

Miscellaneous

Free Float
N/A
Market Cap
C$293.35 million
Optionable
Not Optionable
Beta
1.17














ERE.UN Stock - Frequently Asked Questions

Should I buy or sell European Residential Real Estate Investment Trust stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for European Residential Real Estate Investment Trust in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ERE.UN shares.
View ERE.UN analyst ratings
or view top-rated stocks.

What is European Residential Real Estate Investment Trust's stock price forecast for 2023?

6 brokers have issued twelve-month price targets for European Residential Real Estate Investment Trust's stock. Their ERE.UN share price forecasts range from C$3.70 to C$5.00. On average, they predict the company's stock price to reach C$4.44 in the next twelve months. This suggests a possible upside of 36.7% from the stock's current price.
View analysts price targets for ERE.UN
or view top-rated stocks among Wall Street analysts.

How have ERE.UN shares performed in 2023?

European Residential Real Estate Investment Trust's stock was trading at C$3.03 at the beginning of the year. Since then, ERE.UN shares have increased by 7.3% and is now trading at C$3.25.
View the best growth stocks for 2023 here
.

Is European Residential Real Estate Investment Trust a good dividend stock?

European Residential Real Estate Investment Trust (TSE:ERE.UN) pays an annual dividend of C$0.18 per share and currently has a dividend yield of 5.33%. ERE.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 24.66%. This payout ratio is at a healthy, sustainable level, below 75%.

What is European Residential Real Estate Investment Trust's stock symbol?

European Residential Real Estate Investment Trust trades on the Toronto Stock Exchange (TSX) under the ticker symbol "ERE.UN."

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.
Compare Top Brokerages Here.

What is European Residential Real Estate Investment Trust's stock price today?

One share of ERE.UN stock can currently be purchased for approximately C$3.25.

How much money does European Residential Real Estate Investment Trust make?

European Residential Real Estate Investment Trust (TSE:ERE.UN) has a market capitalization of C$293.35 million and generates C$89.25 million in revenue each year. The company earns C$116.42 million in net income (profit) each year or C$0.73 on an earnings per share basis.

This page (TSE:ERE.UN) was last updated on 3/26/2023 by MarketBeat.com Staff