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TSE:ERE.UN

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

C$2.97
+0.01 (+0.34%)
(As of 03:06 PM ET)
Today's Range
C$2.93
▼
C$2.99
50-Day Range
C$2.94
▼
C$3.49
52-Week Range
C$2.70
▼
C$4.69
Volume
43,913 shs
Average Volume
73,856 shs
Market Capitalization
C$268.81 million
P/E Ratio
11.00
Dividend Yield
6.06%
Price Target
C$4.36
ProfileAnalyst RatingsChartHeadlinesSocial Media

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

May 20, 2023 | americanbankingnews.com
European Residential Real Estate Investment Trust (TSE:ERE.UN) Price Target Cut to C$4.00
May 20, 2023 | americanbankingnews.com
European Residential Real Estate Investment Trust (TSE:ERE.UN) Price Target Lowered to C$3.35 at National Bankshares
May 31, 2023 | Edge On The Street (Ad)
Soaring EV Industry Keeps Investor Focus on Lithium
The need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.
May 19, 2023 | msn.com
Southern Europe leads the way in interest in rental housing investment
May 15, 2023 | benzinga.com
ERES REIT Declares May 2023 Monthly Distribution
May 14, 2023 | americanbankingnews.com
Brokerages Set European Residential Real Estate Investment Trust (TSE:ERE.UN) Price Target at C$4.44
May 10, 2023 | markets.businessinsider.com
European Commercial Real Estate Ltd (ERE.UN) Receives a Buy from Echelon Wealth Partners
May 5, 2023 | theglobeandmail.com
Closing Bell: European Residential Real Estate Invs. Trust up on Friday (ERE-UN)
May 31, 2023 | Edge On The Street (Ad)
Soaring EV Industry Keeps Investor Focus on Lithium
The need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.
April 27, 2023 | bloomberg.com
Short European Real Estate? Beware. So Is Everyone Else
April 27, 2023 | msn.com
European commercial real estate investment slumps to 11-year low in Q1 2023
April 26, 2023 | theglobeandmail.com
Closing Bell: European Residential Real Estate Invs. Trust down on Wednesday (ERE-UN)
April 25, 2023 | money.usnews.com
Commercial Real Estate Loans in Core Europe Face $55 Billion Funding Gap, Report Says
April 21, 2023 | americanbankingnews.com
Brokerages Set European Residential Real Estate Investment Trust (TSE:ERE.UN) Target Price at C$4.44
April 19, 2023 | theglobeandmail.com
Closing Bell: European Residential Real Estate Invs. Trust up on Tuesday (ERE-UN)
April 17, 2023 | finance.yahoo.com
ERES REIT Declares April 2023 Monthly Distribution
April 15, 2023 | theglobeandmail.com
Closing Bell: European Residential Real Estate Invs. Trust flat on Friday (ERE-UN)
April 6, 2023 | theglobeandmail.com
Closing Bell: European Residential Real Estate Invs. Trust up on Wednesday (ERE-UN)
March 31, 2023 | bloomberg.com
A Real Estate Crunch in the Heart of Europe
March 28, 2023 | theglobeandmail.com
Closing Bell: European Residential Real Estate Invs. Trust down on Monday (ERE-UN)
March 27, 2023 | americanbankingnews.com
Brokerages Set European Residential Real Estate Investment Trust (TSE:ERE.UN) PT at C$4.44
March 24, 2023 | americanbankingnews.com
Cormark Analysts Give European Residential Real Estate Investment Trust (TSE:ERE.UN) a C$4.15 Price Target
March 23, 2023 | finance.yahoo.com
ERES REIT Announces Timing of First Quarter 2023 Results & Conference Call
March 21, 2023 | bizjournals.com
Louisville Residential Real Estate News
March 20, 2023 | benzinga.com
First Trust Dynamic Europe Equity Income Fund Declares its Monthly Common Share Distribution of $0.07 Per Share for April
February 18, 2023 | seekingalpha.com
ERE.UN:CA European Residential Real Estate Investment Trust
February 15, 2023 | finance.yahoo.com
European Residential REIT Reports Record Operational Results in 2022
See More Headlines
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Industry, Sector and Symbol

Stock Exchange
TSE
Industry
N/A
Sub-Industry
N/A
Sector
N/A
Current Symbol
TSE:ERE.UN
CUSIP
N/A
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$4.36
High Stock Price Forecast
C$5.00
Low Stock Price Forecast
C$3.35
Forecasted Upside/Downside
+47.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C$0.27
Trailing P/E Ratio
10.96
Forward P/E Ratio
12.86
P/E Growth
N/A
Net Income
C$41.80 million
Net Margins
45.74%
Pretax Margin
N/A
Return on Equity
9.84%
Return on Assets
2.08%

Debt

Debt-to-Equity Ratio
295.04
Current Ratio
0.10
Quick Ratio
0.20

Sales & Book Value

Annual Sales
C$91.38 million
Price / Sales
2.93
Cash Flow
C$0.21 per share
Price / Cash Flow
14.22
Book Value
C$4.88 per share
Price / Book
0.61

Miscellaneous

Outstanding Shares
90,510,000
Free Float
N/A
Market Cap
C$267.91 million
Optionable
Not Optionable
Beta
1.18














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 twelve months. 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 analysts have issued 1-year target prices for European Residential Real Estate Investment Trust's shares. Their ERE.UN share price forecasts range from C$3.35 to C$5.00. On average, they expect the company's share price to reach C$4.36 in the next twelve months. This suggests a possible upside of 47.2% 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 on January 1st, 2023. Since then, ERE.UN shares have decreased by 2.3% and is now trading at C$2.96.
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 5.82%. 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 66.67%. 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$2.96.

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$267.91 million and generates C$91.38 million in revenue each year. The company earns C$41.80 million in net income (profit) each year or C$0.27 on an earnings per share basis.

This page (TSE:ERE.UN) was last updated on 5/31/2023 by MarketBeat.com Staff

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