About Canadian REIT (TSE:REF.UN)
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:
- Sector: N/A
- Industry: N/A
- Sub-Industry: N/A
- Symbol: TSE:REF.UN
- CUSIP: N/A
- Web: www.creit.ca/
- Trailing P/E Ratio: N/A
- P/E Growth: N/A
- Net Margins: 60.27%
- Return on Equity: 7.95%
- Return on Assets: 4.83%
Frequently Asked Questions for Canadian REIT (TSE:REF.UN)
What is Canadian REIT's stock symbol?
Canadian REIT trades on the Tornton Stock Exchange (TSX) under the ticker symbol "REF.UN."
Where is Canadian REIT's stock going? Where will Canadian REIT's stock price be in 2017?
3 analysts have issued 1 year target prices for Canadian REIT's stock. Their predictions range from C$50.00 to C$52.00. On average, they expect Canadian REIT's stock price to reach C$51.30 in the next twelve months. View Analyst Ratings for Canadian REIT.
Who are some of Canadian REIT's key competitors?
Some companies that are related to Canadian REIT include Colliers International Group (CIG), Kirkland Lake Gold Ltd (NMI), Osisko Mining Corp (OBM), Royal Bank of Canada (RY), Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), Enbridge (ENB), Canadian National Railway Company (CNR), Suncor Energy (SU), Bank of Montreal (BMO), TransCanada (TRP), BCE (BCE), Manulife Financial Corp. (MFC), Canadian Natural Resources Limited (CNQ), Canadian Imperial Bank of Commerce (CM), Thomson Reuters Corp (TRI), Great-West Lifeco (GWO) and Imperial Oil Ltd (IMO).
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
- Rael L. Diamond, President, Chief Operating Officer
- Stephen Eric Johnson, Chief Executive Officer, Trustee
- Mario Barrafato CPA, Chief Financial Officer, Executive Vice President
- Trent H. Holfeld, Senior Vice President - Retail Properties
- Ana Radic, Senior Vice President - Office Properties
- John A. Brough CPA, Independent Trustee
- Anthony S. Fell, Independent Trustee
- Karen Kinsley, Independent Trustee
- R. Michael Latimer, Independent Trustee
How do I buy Canadian REIT stock?
MarketBeat Community Rating for Canadian REIT (TSE REF.UN)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.
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.
Consensus Ratings for Canadian REIT (TSE:REF.UN) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings 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). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus 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.
|Ratings Breakdown: ||3 Buy Ratings|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||C$51.30|Consensus Price Target History for Canadian REIT (TSE:REF.UN)
Analysts' Ratings History for Canadian REIT (TSE:REF.UN)
(Data available from 10/19/2015 forward)
|8/8/2017||BMO Capital Markets||Upgrade||Market Perform -> Outperform||C$52.00|
|2/13/2017||Canaccord Genuity||Boost Price Target||C$50.00 -> C$51.00|
|2/10/2017||TD Securities||Boost Price Target||C$51.00 -> C$52.00|
|2/10/2017||Scotiabank||Reiterated Rating||Outperform||C$51.00 -> C$51.50|
|11/7/2016||CIBC||Lower Price Target||C$51.00 -> C$50.00|
|8/19/2016||National Bank Financial||Boost Price Target||C$49.00 -> C$49.50|
|7/29/2016||Royal Bank Of Canada||Boost Price Target||C$53.00 -> C$54.00|
|7/22/2016||Raymond James Financial, Inc.||Downgrade||Outperform -> Market Perform|
Earnings History for Canadian REIT (TSE:REF.UN)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Canadian REIT (TSE:REF.UN)
No earnings estimates for this company have been tracked by MarketBeat.com
Dividend History by Quarter for Canadian REIT (TSE REF.UN)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Canadian REIT (TSE:REF.UN)Insider Trades by Quarter for Canadian REIT (TSE:REF.UN)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|3/25/2015||Stephen Edward Johnson||Insider||Buy||36,473||C$46.34||C$1,690,158.82|
Headline Trends for Canadian REIT (TSE:REF.UN)
Latest Headlines for Canadian REIT (TSE:REF.UN)
Canadian REIT (REF.UN) Chart for Thursday, October, 19, 2017