TSE:ERE.UN

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

C$2.34
-0.01 (-0.43%)
(As of 05/3/2024 08:54 PM ET)
Today's Range
C$2.34
C$2.38
50-Day Range
C$2.24
C$2.46
52-Week Range
C$2.12
C$3.38
Volume
143,700 shs
Average Volume
53,951 shs
Market Capitalization
C$214.04 million
P/E Ratio
N/A
Dividend Yield
7.26%
Price Target
C$3.19

European Residential Real Estate Investment Trust MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
36.5% Upside
C$3.19 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.33mentions of European Residential Real Estate Investment Trust in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.29 out of 5 stars

ERE.UN stock logo

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

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.

ERE.UN Stock Price History

ERE.UN Stock News Headlines

Global crypto currency reset (41 major banks signed up)
Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...
ERES REIT Declares February 2024 Monthly Distribution
Essex Property Trust: Build And Buy Apartments Like A Pro
Global crypto currency reset (41 major banks signed up)
Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...
ERES REIT Declares July 2023 Monthly Distribution
ERES REIT Declares June 2023 Monthly Distribution
See More Headlines
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Company Calendar

Ex-Dividend for 5/15 Dividend
4/30/2024
Today
5/04/2024
Dividend Payable
5/15/2024

Industry, Sector and Symbol

Sector
N/A
Industry
N/A
Sub-Industry
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 Target
C$3.19
High Stock Price Target
C$4.00
Low Stock Price Target
C$2.75
Potential Upside/Downside
+36.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

Net Income
C$-114,230,000.00
Net Margins
-119.38%
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$95.68 million
Cash Flow
C$0.16 per share
Book Value
C$4.67 per share

Miscellaneous

Free Float
N/A
Market Cap
C$214.04 million
Optionable
Not Optionable
Beta
1.21
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ERE.UN Stock Analysis - Frequently Asked Questions

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

8 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 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate 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 target for 2024?

8 brokers have issued 12-month price targets for European Residential Real Estate Investment Trust's shares. Their ERE.UN share price targets range from C$2.75 to C$4.00. On average, they expect the company's stock price to reach C$3.19 in the next year. This suggests a possible upside of 36.5% 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 2024?

European Residential Real Estate Investment Trust's stock was trading at C$2.58 at the start of the year. Since then, ERE.UN shares have decreased by 9.3% and is now trading at C$2.34.
View the best growth stocks for 2024 here
.

How often does European Residential Real Estate Investment Trust pay dividends? What is the dividend yield for European Residential Real Estate Investment Trust?

European Residential Real Estate Investment Trust declared a monthly dividend on Tuesday, April 30th. Shareholders of record on Wednesday, May 15th will be given a dividend of 0.01 per share on Wednesday, May 15th. This represents a $0.12 annualized dividend and a dividend yield of 5.13%. The ex-dividend date is Tuesday, April 30th.
Read our dividend analysis for ERE.UN
.

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$0.17 per share and currently has a dividend yield of 7.29%. ERE.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for 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.

This page (TSE:ERE.UN) was last updated on 5/4/2024 by MarketBeat.com Staff

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