TSE:PLZ.UN Plaza Retail REIT (PLZ.UN) Stock Forecast, Price & News C$3.78 -0.03 (-0.79%) (As of 09/20/2023 ET) Add Compare Share Share Today's RangeC$3.78▼C$3.8650-Day RangeC$3.78▼C$4.0452-Week RangeC$3.76▼C$4.93Volume40,353 shsAverage Volume41,440 shsMarket CapitalizationC$417.20 millionP/E Ratio9.45Dividend Yield7.41%Price TargetC$4.75 ProfileProfileAnalyst RatingsChartCompetitorsDividendInsider TradesHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsDividendInsider TradesHeadlinesSocial Media Plaza Retail REIT MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside25.7% UpsideC$4.75 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.2.37 out of 5 stars 3.0 Analyst's Opinion Consensus RatingPlaza Retail REIT has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$4.75, Plaza Retail REIT has a forecasted upside of 25.7% from its current price of C$3.78.Amount of Analyst CoveragePlaza Retail REIT has only been the subject of 1 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for PLZ.UN. Previous Next 2.5 Dividend Strength Dividend LeadershipPlaza Retail REIT is a leading dividend payer. It pays a dividend yield of 7.33%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPlaza Retail REIT does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Plaza Retail REIT is 70.00%. 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 PLZ.UN. Previous Next 2.0 News and Social Media Coverage News SentimentPlaza Retail REIT has a news sentiment score of 0.67. 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 news sentiment score is similar to the average news sentiment of Real Estate companies.MarketBeat Follows1 people have added Plaza Retail 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, Plaza Retail REIT insiders have not sold or bought any company stock.Percentage Held by Insiders35.09% of the stock of Plaza Retail REIT is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 1.32% of the stock of Plaza Retail REIT is held by institutions. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Plaza Retail REIT is 9.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.14.Price to Earnings Ratio vs. SectorThe P/E ratio of Plaza Retail REIT is 9.45, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 134.83.Price to Book Value per Share RatioPlaza Retail REIT has a P/B Ratio of 0.74. 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 Plaza Retail REIT (TSE:PLZ.UN) StockPlaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza's portfolio at December 31, 2018 includes interests in 287 properties totaling approximately 8.2 million square feet across Canada and additional lands held for development. Plaza's properties include a mix of strip plazas, stand-alone small box retail outlets and enclosed shopping centres, anchored by approximately 91% national tenants.Read More PLZ.UN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PLZ.UN Stock News HeadlinesSeptember 14, 2023 | americanbankingnews.comPlaza Retail REIT (TSE:PLZ.UN) Share Price Crosses Below Two Hundred Day Moving Average of $4.09August 2, 2023 | markets.businessinsider.comDream Industrl REIT (DIR.UN) Gets a Buy Rating from Canaccord GenuitySeptember 21, 2023 | Wall Street Fundamentals (Ad)How is This "Hidden Gem" Thriving in a Turbulent Market?While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.July 11, 2023 | finance.yahoo.comPLAZA RETAIL REIT ANNOUNCES DATE OF SECOND QUARTER 2023 FINANCIAL RESULTS CONFERENCE CALLMay 13, 2023 | theglobeandmail.comClosing Bell: Plaza Retail REIT flat on Friday (PLZ-UN)May 4, 2023 | theglobeandmail.comClosing Bell: Plaza Retail REIT down on Wednesday (PLZ-UN)May 3, 2023 | ca.finance.yahoo.comPlaza Retail REIT Announces First Quarter 2023 ResultsApril 18, 2023 | theglobeandmail.comClosing Bell: Plaza Retail REIT down on Tuesday (PLZ-UN)September 21, 2023 | Wall Street Fundamentals (Ad)How is This "Hidden Gem" Thriving in a Turbulent Market?While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.April 14, 2023 | theglobeandmail.comClosing Bell: Plaza Retail REIT up on Friday (PLZ-UN)April 14, 2023 | ca.finance.yahoo.comPLAZA RETAIL REIT ANNOUNCES DATE OF FIRST QUARTER 2023 FINANCIAL RESULTS CONFERENCE CALLApril 13, 2023 | theglobeandmail.comClosing Bell: Plaza Retail REIT up on Wednesday (PLZ-UN)April 11, 2023 | theglobeandmail.comClosing Bell: Plaza Retail REIT up on Tuesday (PLZ-UN)April 10, 2023 | theglobeandmail.comClosing Bell: Plaza Retail REIT up on Monday (PLZ-UN)April 6, 2023 | theglobeandmail.comClosing Bell: Plaza Retail REIT flat on Wednesday (PLZ-UN)March 28, 2023 | ca.finance.yahoo.comPLAZA COMPLETES BOUGHT DEAL PUBLIC OFFERING OF APPROXIMATELY $40 MILLION OF TRUST UNITSMarch 28, 2023 | msn.comPlaza Retail REIT closes on $40M bought deal offering of unitsMarch 28, 2023 | thestreet.comAmazon Is Killing Shopping Malls, but Surprisingly, REITs Are Still ShiningFebruary 24, 2023 | finance.yahoo.comInvesting in Plaza Retail REIT (TSE:PLZ.UN) five years ago would have delivered you a 68% gainFebruary 23, 2023 | ca.finance.yahoo.comPlaza Retail REIT Announces 2022 ResultsJanuary 17, 2023 | sg.finance.yahoo.comPlaza Retail REIT Announces January 2023 DistributionDecember 16, 2022 | ca.finance.yahoo.comPlaza Retail REIT Announces December 2022 DistributionNovember 15, 2022 | ca.finance.yahoo.comPlaza Retail REIT Announces November 2022 DistributionNovember 11, 2022 | ca.finance.yahoo.comPlaza Retail REIT Announces Third Quarter 2022 ResultsOctober 17, 2022 | finance.yahoo.comPlaza Retail REIT Announces October 2022 DistributionJuly 7, 2022 | ca.finance.yahoo.comPLAZA RETAIL REIT ANNOUNCES DATE OF SECOND QUARTER 2022 FINANCIAL RESULTS CONFERENCE CALLMay 7, 2022 | seekingalpha.comPlaza Retail REIT's (PAZRF) CEO Michael Zakuta on Q1 2022 Results - Earnings Call TranscriptSee More Headlines Receive PLZ.UN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Plaza Retail REIT and its competitors with MarketBeat's FREE daily newsletter. Email Address PLZ.UN Company Calendar Ex-Dividend for 9/15 Dividend8/30/2023Dividend Payable9/15/2023Today9/20/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry REIT - Retail Sub-IndustryN/A SectorReal Estate Current SymbolTSE:PLZ.UN CUSIPN/A CIKN/A Webwww.plaza.ca Phone506-451-1826FaxN/AEmployees98Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$4.75 High Stock Price ForecastC$5.00 Low Stock Price ForecastC$4.50 Forecasted Upside/Downside+25.7%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.40 Trailing P/E Ratio9.45 Forward P/E Ratio9.94 P/E GrowthN/ANet IncomeC$41.94 million Net Margins36.92% Pretax MarginN/A Return on Equity7.80% Return on Assets3.15% Debt Debt-to-Equity Ratio116.98 Current Ratio0.28 Quick Ratio0.06 Sales & Book Value Annual SalesC$113.59 million Price / Sales3.67 Cash FlowC$0.06 per share Price / Cash Flow59.73 Book ValueC$5.10 per share Price / Book0.74Miscellaneous Outstanding Shares110,370,000Free FloatN/AMarket CapC$417.20 million OptionableNot Optionable Beta1.01 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for October 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Michael Aaron Zakuta (Age 59)Pres, CEO & Trustee Ms. Floriana CipolloneChief Financial OfficerMr. James M. Petrie B.B.A.LL.B., LL.M, Exec. VP & COOMr. Peter MackenzieExec. VP & Chief Investment OfficerMs. Kimberly A. StrangeSec. & Corp. CounselKey CompetitorsSlate Retail REITTSE:SRT.UNSlate Grocery REITTSE:SGR.UNCT Real Estate Investment TrustTSE:CRT.UNAutomotive Properties Real Est Invt TRTSE:APR.UNReal BrokerageTSE:REAXView All CompetitorsInsidersAlex Douglas McgregorBought 2,100 shares on 6/20/2023Total: C$8,190.00 ($3.90/share)Peter MackenzieBought 1,862 shares on 12/22/2022Total: C$8,285.90 ($4.45/share)View All Insider Transactions PLZ.UN Stock - Frequently Asked Questions Should I buy or sell Plaza Retail REIT stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Plaza Retail REIT in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" PLZ.UN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PLZ.UN, but not buy additional shares or sell existing shares. View PLZ.UN analyst ratings or view top-rated stocks. What is Plaza Retail REIT's stock price forecast for 2023? 2 brokerages have issued 12-month price objectives for Plaza Retail REIT's shares. Their PLZ.UN share price forecasts range from C$4.50 to C$5.00. On average, they anticipate the company's stock price to reach C$4.75 in the next year. This suggests a possible upside of 25.7% from the stock's current price. View analysts price targets for PLZ.UN or view top-rated stocks among Wall Street analysts. How have PLZ.UN shares performed in 2023? Plaza Retail REIT's stock was trading at C$4.48 at the start of the year. Since then, PLZ.UN stock has decreased by 15.6% and is now trading at C$3.78. View the best growth stocks for 2023 here. How often does Plaza Retail REIT pay dividends? What is the dividend yield for Plaza Retail REIT? Plaza Retail REIT announced a monthly dividend on Wednesday, August 30th. Investors of record on Friday, September 15th will be given a dividend of 0.0233 per share on Friday, September 15th. This represents a $0.28 annualized dividend and a dividend yield of 7.40%. The ex-dividend date of this dividend is Wednesday, August 30th. Read our dividend analysis for PLZ.UN. Is Plaza Retail REIT a good dividend stock? Plaza Retail REIT (TSE:PLZ.UN) pays an annual dividend of C$0.28 per share and currently has a dividend yield of 7.33%. PLZ.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 70.00%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for PLZ.UN. What is Plaza Retail REIT's stock symbol? Plaza Retail REIT trades on the Toronto Stock Exchange (TSX) under the ticker symbol "PLZ.UN." How do I buy shares of Plaza Retail REIT? Shares of PLZ.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 Plaza Retail REIT's stock price today? One share of PLZ.UN stock can currently be purchased for approximately C$3.78. How much money does Plaza Retail REIT make? Plaza Retail REIT (TSE:PLZ.UN) has a market capitalization of C$417.20 million and generates C$113.59 million in revenue each year. The company earns C$41.94 million in net income (profit) each year or C$0.40 on an earnings per share basis. How can I contact Plaza Retail REIT? The official website for the company is www.plaza.ca. The company can be reached via phone at 506-451-1826. This page (TSE:PLZ.UN) was last updated on 9/21/2023 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 Plaza Retail 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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