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$2.58 to C$2.59
• 50-Day Range: C$2.43 to C$2.59
• 52-Week Range: C$2.24 to C$3.99
• Volume: 65,174 shs
• Average Volume: 275,624 shs
• Market Capitalization: C$237.36 million
• P/E Ratio: 13.58
• Dividend Yield: 6.98%
• Price Target: C$3.18
• Consensus Rating: Moderate Buy

European Residential Real Estate Investment Trust Stock Analysis - MarketRank™

European Residential Real Estate Investment Trust scored higher than 45% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

European Residential Real Estate Investment Trust has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

European Residential Real Estate Investment Trust has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.4 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of European Residential Real Estate Investment Trust is 13.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.86.

Price to Book Value per Share Ratio

European Residential Real Estate Investment Trust has a P/B Ratio of 0.51. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for ERE.UN.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

European Residential Real Estate Investment Trust is a leading dividend payer. It pays a dividend yield of 5.63%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

European Residential Real Estate Investment Trust does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of European Residential Real Estate Investment Trust is 94.74%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for ERE.UN.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: N/A

News Sentiment

European Residential Real Estate Investment Trust has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 1.38 average news sentiment score of companies.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, European Residential Real Estate Investment Trust insiders have sold 109,595.12% more of their company's stock than they have bought. Specifically, they have bought C$287.00 in company stock and sold C$314,825.00 in company stock.

Percentage Held by Insiders

12.50% of the stock of European Residential Real Estate Investment Trust is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 18.90% of the stock of European Residential Real Estate Investment Trust is held by institutions.

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 shares have decreased by 32.1% and is now trading at C$2.58.

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: +23.4%
• 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: 13.58
• Forward P/E Ratio: 21.67
• 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: 2.43
• Cash Flow: C$0.18 per share
• Price / Cash Flow: 14.22
• Book Value: C$5.03 per share
• Price / Book: 0.51

Miscellaneous

• Outstanding Shares: 92,000,000
• Free Float: N/A
• Market Cap: C$237.36 million
• Optionable: Not Optionable
• Beta: 1.28