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TSE:NXR.UN

Nexus Industrial REIT (NXR.UN) Stock Forecast, Price & News

C$8.45
-0.07 (-0.82%)
(As of 05:17 PM ET)
Compare
Today's Range
C$8.44
C$8.58
50-Day Range
C$8.41
C$9.92
52-Week Range
C$8.15
C$11.25
Volume
39,864 shs
Average Volume
125,576 shs
Market Capitalization
C$574.60 million
P/E Ratio
5.49
Dividend Yield
7.57%
Price Target
C$11.94

Nexus Industrial REIT MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
41.1% Upside
C$11.94 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.

2.24 out of 5 stars


NXR.UN stock logo

About Nexus Industrial REIT (TSE:NXR.UN) Stock

Nexus is a growth oriented real estate investment trust focused on increasing unitholder value through the acquisition, ownership and management of industrial, office and retail properties located in primary and secondary markets in North America. The REIT currently owns a portfolio of 73 properties comprising approximately 4.1 million square feet of rentable area. The REIT has approximately 109,910,000 units issued and outstanding. Additionally, there are Class B LP Units of subsidiary limited partnerships of Nexus REIT issued and outstanding, which are convertible into approximately 25,667,000 REIT Units.

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NXR.UN Stock News Headlines

[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
TSX:NXR.UN (Nexus Industrial REIT)
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
Multiple Rate Hikes in 2022 Spell Trouble for Homebuyers
Nexus REIT T.NXR.UN
2021 TSX IPO Recap: 3 Outperformers and 1 Dud
Nexus REIT Announces Q3 2021 Results
See More Headlines

NXR.UN Price History

NXR.UN Company Calendar

Ex-Dividend for 4/14 Dividend
3/30/2023
Dividend Payable
4/14/2023
Ex-Dividend for 6/15 Dividend
5/30/2023
Today
6/09/2023
Dividend Payable
6/15/2023

Industry, Sector and Symbol

Industry
REIT - Industrial
Sub-Industry
N/A
Current Symbol
TSE:NXR.UN
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$11.94
High Stock Price Forecast
C$14.00
Low Stock Price Forecast
C$11.00
Forecasted Upside/Downside
+39.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
C$106.52 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$144.33 million
Cash Flow
C$0.15 per share
Book Value
C$12.83 per share

Miscellaneous

Free Float
N/A
Market Cap
C$580.04 million
Optionable
Not Optionable
Beta
1.25

Key Executives

  • Mr. Kelly Clark Hanczyk (Age 54)
    CEO & Trustee
    Comp: $957.5k
  • Mr. Robert Paul Chiasson (Age 47)
    CFO & Sec.
    Comp: $457.5k













NXR.UN Stock - Frequently Asked Questions

Should I buy or sell Nexus Industrial REIT stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nexus Industrial REIT in the last year. There are currently 3 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NXR.UN shares.
View NXR.UN analyst ratings
or view top-rated stocks.

What is Nexus Industrial REIT's stock price forecast for 2023?

6 Wall Street analysts have issued 12 month price targets for Nexus Industrial REIT's stock. Their NXR.UN share price forecasts range from C$11.00 to C$14.00. On average, they predict the company's share price to reach C$11.94 in the next year. This suggests a possible upside of 39.9% from the stock's current price.
View analysts price targets for NXR.UN
or view top-rated stocks among Wall Street analysts.

How have NXR.UN shares performed in 2023?

Nexus Industrial REIT's stock was trading at C$9.64 at the beginning of the year. Since then, NXR.UN stock has decreased by 11.5% and is now trading at C$8.53.
View the best growth stocks for 2023 here
.

How often does Nexus Industrial REIT pay dividends? What is the dividend yield for Nexus Industrial REIT?

Nexus Industrial REIT announced a monthly dividend on Tuesday, May 30th. Stockholders of record on Thursday, June 15th will be paid a dividend of 0.0533 per share on Thursday, June 15th. This represents a $0.64 dividend on an annualized basis and a yield of 7.50%. The ex-dividend date is Tuesday, May 30th.
Read our dividend analysis for NXR.UN
.

Is Nexus Industrial REIT a good dividend stock?

Nexus Industrial REIT (TSE:NXR.UN) pays an annual dividend of C$0.64 per share and currently has a dividend yield of 7.47%. NXR.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 41.56%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for NXR.UN.

What is Nexus Industrial REIT's stock symbol?

Nexus Industrial REIT trades on the Toronto Stock Exchange (TSX) under the ticker symbol "NXR.UN."

How do I buy shares of Nexus Industrial REIT?

Shares of NXR.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 Nexus Industrial REIT's stock price today?

One share of NXR.UN stock can currently be purchased for approximately C$8.53.

How much money does Nexus Industrial REIT make?

Nexus Industrial REIT (TSE:NXR.UN) has a market capitalization of C$580.04 million and generates C$144.33 million in revenue each year. The company earns C$106.52 million in net income (profit) each year or C$1.54 on an earnings per share basis.

How can I contact Nexus Industrial REIT?

The official website for the company is www.nexusreit.com. The company can be reached via phone at (403) 817-9496.

This page (TSE:NXR.UN) was last updated on 6/9/2023 by MarketBeat.com Staff

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