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What Does the Airbnb Guidance Drop Say About Travel Demand?
S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
Stock market today: Asia follows Wall St up on hopes Fed will ease off rate hikes
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Is This The Collapse of Icahn Enterprises ?
20 Best Healthcare Dividend Stocks to Invest in
Having Trouble in Your Trading? (Ad)
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
Nordstrom's Earnings Beat, A Rally In The Making
Having Trouble in Your Trading? (Ad)
Elliott Management Says Goodyear Tire Worth At Least $21 a Share
What Does the Airbnb Guidance Drop Say About Travel Demand?
S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
Stock market today: Asia follows Wall St up on hopes Fed will ease off rate hikes
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Is This The Collapse of Icahn Enterprises ?
20 Best Healthcare Dividend Stocks to Invest in
Having Trouble in Your Trading? (Ad)
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
Nordstrom's Earnings Beat, A Rally In The Making
Having Trouble in Your Trading? (Ad)
Elliott Management Says Goodyear Tire Worth At Least $21 a Share
What Does the Airbnb Guidance Drop Say About Travel Demand?
S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
Stock market today: Asia follows Wall St up on hopes Fed will ease off rate hikes
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Is This The Collapse of Icahn Enterprises ?
20 Best Healthcare Dividend Stocks to Invest in
Having Trouble in Your Trading? (Ad)
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
Nordstrom's Earnings Beat, A Rally In The Making
Having Trouble in Your Trading? (Ad)
Elliott Management Says Goodyear Tire Worth At Least $21 a Share
What Does the Airbnb Guidance Drop Say About Travel Demand?
TSE:ERE.UN

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

C$2.98
+0.01 (+0.34%)
(As of 06/1/2023 08:55 PM ET)
Today's Range
C$2.95
C$3.03
50-Day Range
C$2.94
C$3.49
52-Week Range
C$2.70
C$4.65
Volume
41,262 shs
Average Volume
73,933 shs
Market Capitalization
C$269.72 million
P/E Ratio
11.04
Dividend Yield
6.04%
Price Target
C$4.36

European Residential Real Estate Investment Trust MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
46.2% Upside
C$4.36 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
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.

2.06 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

BREAKING: The truth about war with China
Foreign Affairs reports, "China is Now in a Prewar Tempo of Political and Military Preparations." China has one goal: take control of Taiwan, and an invasion could happen any day. I've identified 5 investments I believe are in immediate danger. But you can get out of them now - before it's too late.
⚡ 2,467% Return on Israeli Laser Company?
This advanced laser system is active in 80 countries around the world. And at the center of this massive market is a small firm in Israel. Our research shows that anyone who gets in today could see a return of 2,467%. But that's only if the company doesn't get taken over for a fast 300% gain first.
ERES REIT Declares April 2023 Monthly Distribution
A Real Estate Crunch in the Heart of Europe
Louisville Residential Real Estate News
See More Headlines

ERE.UN Price History

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$4.36
High Stock Price Forecast
C$5.00
Low Stock Price Forecast
C$3.35
Forecasted Upside/Downside
+43.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
C$41.80 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$91.38 million
Cash Flow
C$0.21 per share
Book Value
C$4.88 per share

Miscellaneous

Free Float
N/A
Market Cap
C$274.25 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 research 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 research 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 equities research analysts have issued 1-year price objectives for European Residential Real Estate Investment Trust's stock. Their ERE.UN share price forecasts range from C$3.35 to C$5.00. On average, they anticipate the company's stock price to reach C$4.36 in the next year. This suggests a possible upside of 43.8% 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 0.0% and is now trading at C$3.03.
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$3.03.

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$274.25 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 6/2/2023 by MarketBeat.com Staff

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