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NVDA   422.22 (+1.47%)
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AMD   97.38 (+1.23%)
T   15.06 (-0.40%)
F   12.59 (+1.29%)
MU   68.58 (-0.44%)
CGC   0.94 (+11.86%)
GE   111.70 (+0.40%)
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PFE   32.98 (+0.89%)
PYPL   58.86 (+1.69%)
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TSE:NXR.UN

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

C$7.52
-0.20 (-2.59%)
(As of 09/25/2023 ET)
Compare
Today's Range
C$7.49
C$7.71
50-Day Range
C$7.72
C$8.49
52-Week Range
C$7.49
C$11.25
Volume
113,520 shs
Average Volume
126,858 shs
Market Capitalization
C$512.79 million
P/E Ratio
5.78
Dividend Yield
8.51%
Price Target
C$10.96

Nexus Industrial REIT MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
45.8% Upside
C$10.96 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.

2.28 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.

NXR.UN Price History

NXR.UN Stock News Headlines

Retire Early: How to Earn $300 Per Month From Your TFSA
Biden's latest bailout--terrible for America?
And a consultant for the Dept. of Defense (Joel Litman) says this is all leading to an event in the next 20 months that could help some get vastly wealthier… but also make it harder than ever to hang onto any money you make.This might be the most important development affecting you and your money over the next few years—
TSX:NXR.UN (Nexus Industrial REIT)
Biden's latest bailout--terrible for America?
And a consultant for the Dept. of Defense (Joel Litman) says this is all leading to an event in the next 20 months that could help some get vastly wealthier… but also make it harder than ever to hang onto any money you make.This might be the most important development affecting you and your money over the next few years—
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
2 Real Estate Stocks to Buy Now
Should I book my summer vacation trip now?
See More Headlines
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NXR.UN Company Calendar

Ex-Dividend for 8/15 Dividend
7/28/2023
Dividend Payable
8/15/2023
Today
9/25/2023

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$10.96
High Stock Price Forecast
C$12.75
Low Stock Price Forecast
C$9.25
Forecasted Upside/Downside
+46.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
C$104.10 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$149.35 million
Cash Flow
C$0.14 per share
Book Value
C$13.79 per share

Miscellaneous

Free Float
N/A
Market Cap
C$511.43 million
Optionable
Not Optionable
Beta
1.28
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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 analysts have issued "buy," "hold," and "sell" ratings for Nexus Industrial REIT in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate 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 analysts have issued 1 year price objectives for Nexus Industrial REIT's stock. Their NXR.UN share price forecasts range from C$9.25 to C$12.75. On average, they predict the company's share price to reach C$10.96 in the next year. This suggests a possible upside of 46.2% 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 start of the year. Since then, NXR.UN stock has decreased by 22.2% and is now trading at C$7.50.
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 declared a monthly dividend on Friday, July 28th. Shareholders of record on Tuesday, August 15th will be paid a dividend of 0.0533 per share on Tuesday, August 15th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 8.53%. The ex-dividend date is Friday, July 28th.
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 8.23%. 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 49.23%. 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$7.50.

How much money does Nexus Industrial REIT make?

Nexus Industrial REIT (TSE:NXR.UN) has a market capitalization of C$511.43 million and generates C$149.35 million in revenue each year. The company earns C$104.10 million in net income (profit) each year or C$1.30 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 9/25/2023 by MarketBeat.com Staff

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