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) Add Compare Share Share Today's RangeC$7.49▼C$7.7150-Day RangeC$7.72▼C$8.4952-Week RangeC$7.49▼C$11.25Volume113,520 shsAverage Volume126,858 shsMarket CapitalizationC$512.79 millionP/E Ratio5.78Dividend Yield8.51%Price TargetC$10.96 ProfileProfileAnalyst RatingsChartCompetitorsDividendHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsDividendHeadlinesSocial Media Nexus Industrial REIT MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside45.8% UpsideC$10.96 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details 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 3.3 Analyst's Opinion Consensus RatingNexus Industrial REIT has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$10.96, Nexus Industrial REIT has a forecasted upside of 45.8% from its current price of C$7.52.Amount of Analyst CoverageNexus Industrial REIT has only been the subject of 2 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for NXR.UN. Previous Next 2.5 Dividend Strength Dividend LeadershipNexus Industrial REIT is a leading dividend payer. It pays a dividend yield of 8.23%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthNexus Industrial REIT does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Nexus Industrial REIT is 49.23%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NXR.UN. Previous Next 0.6 News and Social Media Coverage Search InterestOnly 1 people have searched for NXR.UN on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows1 people have added Nexus Industrial REIT to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Nexus Industrial REIT insiders have not sold or bought any company stock.Percentage Held by Insiders30.50% of the stock of Nexus Industrial REIT is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 23.83% of the stock of Nexus Industrial REIT is held by institutions. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Nexus Industrial REIT is 5.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.19.Price to Earnings Ratio vs. SectorThe P/E ratio of Nexus Industrial REIT is 5.78, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 133.24.Price to Book Value per Share RatioNexus Industrial REIT has a P/B Ratio of 0.55. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Nexus Industrial REIT (TSE:NXR.UN) StockNexus 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.Read More NXR.UN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NXR.UN Stock News HeadlinesJuly 25, 2023 | ca.finance.yahoo.comRetire Early: How to Earn $300 Per Month From Your TFSAMay 12, 2023 | finance.yahoo.comNexus Industrial REIT Announces Q1 2023 Results and Annual Meeting Voting ResultsSeptember 25, 2023 | Altimetry (Ad)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—April 29, 2023 | fool.caTSX:NXR.UN (Nexus Industrial REIT)April 22, 2023 | theglobeandmail.comClosing Bell: Nexus Real Estate Investment Trust up on Friday (NXR-UN)April 21, 2023 | theglobeandmail.comClosing Bell: Nexus Real Estate Investment Trust down on Thursday (NXR-UN)April 18, 2023 | theglobeandmail.comClosing Bell: Nexus Real Estate Investment Trust up on Monday (NXR-UN)December 8, 2022 | finance.yahoo.comNexus Industrial REIT Announces Closing of $81.3 Million Bought Deal Equity OfferingSeptember 25, 2023 | Altimetry (Ad)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—October 31, 2022 | msn.comThese 3 Canadian REITs Under $10 Are Cash Cows for Passive IncomeSeptember 29, 2022 | fool.caTFSA Investors: 3 Dividend Stocks You Haven’t Bought Yet, But ShouldJuly 14, 2022 | theglobeandmail.comNexus Real Estate Investment Trust stock dipped on Tuesday.July 13, 2022 | theglobeandmail.comNexus Real Estate Investment Trust stock decreased on Monday.July 5, 2022 | theglobeandmail.comNexus Real Estate Investment Trust stock eased on Tuesday.June 3, 2022 | fool.caReal Estate Investing: Rental Property vs. REIT Investing — Which Is Better?May 13, 2022 | seekingalpha.comNexus Industrial REIT (EFRTF) CEO Kelly Hanczyk on Q1 2022 Results - Earning Calls TranscriptMay 2, 2022 | theglobeandmail.comMonday’s breakouts: An emerging pure-play industrial REIT yielding 5%April 20, 2022 | ca.finance.yahoo.comMultiple Rate Hikes in 2022 Spell Trouble for HomebuyersDecember 11, 2021 | stockhouse.comNexus REIT T.NXR.UNDecember 2, 2021 | ca.finance.yahoo.com2021 TSX IPO Recap: 3 Outperformers and 1 DudNovember 12, 2021 | ca.finance.yahoo.comNexus REIT Announces Q3 2021 ResultsOctober 29, 2021 | msn.com2 Real Estate Stocks to Buy NowOctober 19, 2021 | msn.comThe 3 Best Canadian Dividend Stocks to Buy With $1,000 NowOctober 22, 2020 | uk.news.yahoo.comRead This Before Selling Nexus Real Estate Investment Trust (CVE:NXR.UN) SharesMay 23, 2020 | finance.yahoo.comOne Analyst Thinks Nexus Real Estate Investment Trust's (CVE:NXR.UN) Revenues Are Under ThreatApril 17, 2020 | news.yahoo.comShould I book my summer vacation trip now?See More Headlines Receive NXR.UN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Nexus Industrial REIT and its competitors with MarketBeat's FREE daily newsletter. Email Address NXR.UN Company Calendar Ex-Dividend for 8/15 Dividend7/28/2023Dividend Payable8/15/2023Today9/25/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry REIT - Industrial Sub-IndustryN/A SectorReal Estate Current SymbolTSE:NXR.UN CUSIPN/A CIKN/A Webwww.nexusreit.com Phone(403) 817-9496FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price ForecastC$10.96 High Stock Price ForecastC$12.75 Low Stock Price ForecastC$9.25 Forecasted Upside/Downside+46.2%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)C$1.30 Trailing P/E Ratio5.77 Forward P/E Ratio9.37 P/E GrowthN/ANet IncomeC$104.10 million Net Margins69.71% Pretax MarginN/A Return on Equity12.13% Return on Assets2.98% Debt Debt-to-Equity Ratio133.28 Current Ratio0.53 Quick Ratio0.12 Sales & Book Value Annual SalesC$149.35 million Price / Sales3.42 Cash FlowC$0.14 per share Price / Cash Flow55.47 Book ValueC$13.79 per share Price / Book0.54Miscellaneous Outstanding Shares68,190,000Free FloatN/AMarket CapC$511.43 million OptionableNot Optionable Beta1.28 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Kelly Clark Hanczyk (Age 54)CEO & Trustee Comp: $957.5kMr. Robert Paul Chiasson (Age 47)CFO & Sec. Comp: $457.5kKey CompetitorsWPT Industrial Real Estate InvestmentTSE:WIR.UMinto Apartment Real Estate Invt TrustTSE:MI.UNBsr Real Estate Investment TrustTSE:HOM.UMorguard North American Residential REITTSE:MRG.UNReal BrokerageTSE:REAXView All Competitors 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Nexus Industrial REIT Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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