About Canadian REIT (TSE:REF)
Canadian 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
- Trailing EPS: C$2.45
- Net Margins: 38.95%
- Return on Equity: 5.14%
- Return on Assets: 3.18%
- 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?
Who are some of Canadian REIT's key competitors?
Some companies that are related to Canadian REIT include Empire Company Limited (EMP.A), Air Canada (AC), Tourmaline Oil Corp. (TOU), Industrial Alliance Insur. & Fin. Ser. (IAG), Valeant Pharmaceuticals International (VRX), West Fraser Timber Co. (WFT), H&R Real Estate Investment Trust (HR.UN), Cae (CAE), Seven Generations Energy Ltd (VII), WSP Global (WSP), Veresen (VSN), ARC Resources Ltd (ARX), Vermilion Energy (VET), Methanex (MX), Algonquin Power & Utilities Corp (AQN), Finning International (FTT), ATCO (ACO.X) and Crescent Point Energy Corp (CPG).
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)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.
Analysts' Consensus Rating for Canadian REIT (TSE:REF) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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Consensus Price Target History for Canadian REIT (TSE:REF)
Analysts' Ratings History for Canadian REIT (TSE:REF)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History and Estimates Chart for Canadian REIT (TSE:REF)
Earnings History by Quarter for Canadian REIT (TSE REF)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/8/2018|| || || || || || || || |
Earnings Estimates for Canadian REIT (TSE:REF)
2017 EPS Consensus Estimate: $3.26
2018 EPS Consensus Estimate: $3.35
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History by Quarter for Canadian REIT (TSE REF)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Canadian REIT (TSE REF)
No insider trades for this company have been tracked by MarketBeat.com
Latest Headlines for Canadian REIT (TSE REF)
Financials are not available for this stock.
Canadian REIT (TSE REF) Chart for Sunday, November, 19, 2017