Canadian REIT Stock Price, News & Analysis (TSE:REF)

C$45.80 -0.08 (-0.17 %)
(As of 11/18/2017 11:09 AM ET)
Previous CloseC$45.80
Today's RangeC$45.68 - C$45.97
52-Week RangeC$43.83 - C$50.71
Volume57,130 shs
Average Volume78,162 shs
Market CapitalizationC$3.36 billion
P/E RatioN/A
Dividend Yield4.08%
Beta0.38

About Canadian REIT (TSE:REF)

Canadian REIT logoCanadian Real Estate Investment Trust (the Trust) is a real estate investment trust. The Trust's primary business objective is to accumulate and aggressively manage a portfolio of real estate assets and deliver the benefits of such real estate ownership to its Unitholders. It operates in three segments: retail, industrial and office. It operates in geographical locations, including British Columbia, Alberta, Saskatchewan (Prairies), Ontario, Quebec, Nova Scotia and New Brunswick (Atlantic), and Chicago, Illinois (the United States). Its portfolio includes over 200 properties, containing approximately 33 million square feet of gross leasable area. Its retail portfolio consists of over 9.2 million square feet. Its industrial portfolio consists of over 10 million square feet. Its office portfolio consists of approximately three million square feet. Its Ontario office portfolio consists of properties in the Greater Toronto Area. Its development portfolio consists of over 10 properties.


Industry, Sector and Symbol:
  • Industry: N/A
  • Sub-Industry: N/A
  • Sector: N/A
  • Symbol: TSE:REF
  • CUSIP: N/A
  • Web: www.creit.ca
Dividend:
  • Dividend Yield: 4.1%
Profitability:
  • Trailing EPS: C$2.45
  • Net Margins: 38.95%
  • Return on Equity: 5.14%
  • Return on Assets: 3.18%
Misc:
  • Outstanding Shares: 73,350,000
 

Frequently Asked Questions for Canadian REIT (TSE:REF)

What is Canadian REIT's stock symbol?

Canadian REIT trades on the Toronto Stock Exchange (TSX) under the ticker symbol "REF."

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

Canadian REIT announced a monthly dividend on Friday, September 15th. Shareholders of record on Friday, September 29th will be paid a dividend of 0.156 per share on Monday, October 16th. This represents a $1.87 annualized dividend and a dividend yield of 4.09%. The ex-dividend date of this dividend is Thursday, September 28th. View Canadian REIT's Dividend History.

How were Canadian REIT's earnings last quarter?

Canadian REIT (TSE:REF) issued its quarterly earnings results on Thursday, July, 31st. The company reported $0.74 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.74. The company had revenue of $96.61 million for the quarter. Canadian REIT had a net margin of 38.95% and a return on equity of 5.14%. View Canadian REIT's Earnings History.

When will Canadian REIT make its next earnings announcement?

Canadian REIT is scheduled to release their next quarterly earnings announcement on Thursday, February, 8th 2018. View Earnings Estimates for Canadian REIT.

Who are some of Canadian REIT's key competitors?

Who are Canadian REIT's key executives?

Canadian REIT's management team includes the folowing people:

  • W. Reay Mackay, Independent Chairman of the Board of the Trustees (Age 74)
  • Rael L. Diamond, President, Chief Operating Officer (Age 40)
  • Stephen Eric Johnson, Chief Executive Officer, Trustee (Age 65)
  • Mario Barrafato CPA, Chief Financial Officer, Executive Vice President (Age 52)
  • Trent H. Holfeld, Senior Vice President - Retail Properties (Age 47)
  • Ana Radic, Senior Vice President - Office Properties (Age 45)
  • John A. Brough CPA, Independent Trustee (Age 70)
  • Anthony S. Fell, Independent Trustee (Age 78)
  • Karen Kinsley, Independent Trustee (Age 60)
  • R. Michael Latimer, Independent Trustee (Age 65)

How do I buy Canadian REIT stock?

Shares of Canadian REIT and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

What is Canadian REIT's stock price today?

One share of Canadian REIT stock can currently be purchased for approximately C$45.80.

How big of a company is Canadian REIT?

Canadian REIT has a market capitalization of C$3.36 billion.

How can I contact Canadian REIT?

Canadian REIT's mailing address is N500 - 175 Bloor Street East, TORONTO, ON M4W 3R8, Canada. The company can be reached via phone at +1-416-6287771.


MarketBeat Community Rating for Canadian REIT (TSE REF)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  12 (Vote Outperform)
Underperform Votes:  10 (Vote Underperform)
Total Votes:  22
MarketBeat's community ratings are surveys of what our community members think about Canadian REIT and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Analysts' Consensus Rating for Canadian REIT (TSE:REF)

  (How are Consensus Ratings Calculated?)
Ratings Breakdown: 0 Sell Ratings, 0 Hold Ratings, 0 Buy Ratings, 0 Strong Buy RatingsNo ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Analysts' Consensus Price Target: N/A

Consensus Price Target History for Canadian REIT (TSE:REF)

Price Target History for Canadian REIT (TSE:REF)

Analysts' Ratings History for Canadian REIT (TSE:REF)

Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History and Estimates Chart for Canadian REIT (TSE:REF)

Earnings by Quarter for Canadian REIT (TSE:REF)

Earnings History by Quarter for Canadian REIT (TSE REF)

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/8/2018        
7/31/2014C$0.74C$0.74C$96.61 millionViewN/AView Earnings Details
5/1/2014C$0.72C$0.73C$97.92 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Canadian REIT (TSE:REF)
2017 EPS Consensus Estimate: $3.26
2018 EPS Consensus Estimate: $3.35
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.80$0.81$0.81
Q2 20172$0.81$0.81$0.81
Q3 20173$0.82$0.82$0.82
Q4 20172$0.82$0.82$0.82
Q1 20181$0.82$0.82$0.82
Q2 20181$0.83$0.83$0.83
Q3 20181$0.85$0.85$0.85
Q4 20181$0.85$0.85$0.85
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for Canadian REIT (TSE REF)

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/15/2017Monthly$0.169/28/20179/29/201710/16/2017
8/17/2017Monthly$0.168/29/20178/31/20179/15/2017
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Canadian REIT (TSE REF)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Canadian REIT (TSE REF)

Source:
DateHeadline
Analysts Issue Forecasts for Canadian REITs Q3 2017 Earnings (REF)Analysts Issue Forecasts for Canadian REIT's Q3 2017 Earnings (REF)
www.americanbankingnews.com - November 1 at 7:55 AM
Canadian REIT (REF) Scheduled to Post Quarterly Earnings on ThursdayCanadian REIT (REF) Scheduled to Post Quarterly Earnings on Thursday
www.americanbankingnews.com - October 26 at 4:38 AM
Canadian REIT (REF) Announces $0.16 Monthly DividendCanadian REIT (REF) Announces $0.16 Monthly Dividend
www.americanbankingnews.com - September 23 at 2:54 PM
Canadian REIT to Issue Monthly Dividend of $0.16 (REF)Canadian REIT to Issue Monthly Dividend of $0.16 (REF)
www.americanbankingnews.com - August 24 at 11:48 AM
Canadian Real Estate Investment Trust Expected to Earn Q3 2017 Earnings of $0.82 Per Share (TSE:REF)Canadian Real Estate Investment Trust Expected to Earn Q3 2017 Earnings of $0.82 Per Share (TSE:REF)
www.americanbankingnews.com - August 10 at 7:56 AM
Raymond James Financial Comments on Canadian Real Estate Investment Trusts FY2017 Earnings (TSE:REF)Raymond James Financial Comments on Canadian Real Estate Investment Trust's FY2017 Earnings (TSE:REF)
www.americanbankingnews.com - August 9 at 8:37 AM
Canadian Real Estate Investment Trust (REF) Scheduled to Post Earnings on ThursdayCanadian Real Estate Investment Trust (REF) Scheduled to Post Earnings on Thursday
www.americanbankingnews.com - July 27 at 6:29 PM

Social Media

Financials

Financials are not available for this stock.

Chart

Canadian REIT (TSE REF) Chart for Sunday, November, 19, 2017
Loading chart…

This page was last updated on 11/19/2017 by MarketBeat.com Staff

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