TSE:REI.UN

RioCan Real Estate Investment Trust Stock Forecast, Price & News

C$22.26

-0.66 (-2.88%)

(As of 11/26/2021 12:00 AM ET)

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Today's Range: C$22.21
▼
C$22.63
50-Day Range: C$21.64
▼
C$22.92
52-Week Range: C$16.25
▼
C$23.22

Volume: 1.74 million shs
Average Volume: 1.07 million shs
Market Capitalization: C$7.07 billion

P/E Ratio: 15.53
Dividend Yield: 4.19%
Beta: N/A

30 days | 90 days | 365 days | Advanced Chart

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About RioCan Real Estate Investment Trust

RioCan is one of Canada's largest real estate investment trusts with a total enterprise value of approximately $13.2 billion as at December 31, 2018. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. Our portfolio is comprised of 233 properties, including 16 development properties, with an aggregate net leasable area of approximately 38.7 million square feet.

RioCan Real Estate Investment Trust (TSE:REI.UN) Stock Price Passes Above 200 Day Moving Average of $22.18
November 27, 2021 | americanbankingnews.com

RioCan Real Estate Investment Trust (TSE:REI.UN) Given Average Recommendation of "Buy" by Analysts
November 19, 2021 | americanbankingnews.com

RioCan Real Estate Investment Trust (TSE:REI.UN) PT Raised to C$26.00 at TD Securities
November 12, 2021 | americanbankingnews.com

RioCan Real Estate Investment Trust (TSE:REI.UN) Given New C$24.50 Price Target at Canaccord Genuity
November 12, 2021 | americanbankingnews.com

BMO Capital Markets Boosts RioCan Real Estate Investment Trust (TSE:REI.UN) Price Target to C$25.00
November 12, 2021 | americanbankingnews.com

RioCan REIT net income hit $137.6M in Q3 as businesses reopened following lockdowns
November 10, 2021 | ca.finance.yahoo.com

RIOCAN REAL EST UN
November 10, 2021 | fool.ca

This Perfect 3-Stock Portfolio Is All You Need
November 7, 2021 | msn.com

RioCan Real Estate Investment Trust (TSE:REI.UN) Hits New 52-Week High at $23.22
November 5, 2021 | americanbankingnews.com

RioCan Real Estate Investment Trust: Earn a 5.4% “Rent Cheque” Without Becoming a Landlord
October 8, 2021 | fool.ca

2 Top REITs to Build an Income Stream
September 27, 2021 | msn.com

RioCan Real Estate Investment Trust Schedules Third Quarter 2021 Earnings Release, Conference Call and Webcast
September 27, 2021 | finance.yahoo.com

Is RioCan (TSX:REI.UN) the Best Canadian REIT to Buy Now?
September 16, 2021 | ca.finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: REIT - Retail
Sub-Industry: N/A
Sector: Real Estate
Current Symbol: TSE:REI.UN
Previous Symbol
CUSIP: N/A
CIK: N/A
Web: www.riocan.com
Phone: +1-416-8663033
Fax: N/A
Employees: 585
Year Founded: N/A

Sales & Book Value

Annual Sales: C$1.15 billion
Price / Sales: 6.13
Cash Flow: C$0.32 per share
Price / Cash Flow: 68.92
Book Value: C$24.99 per share
Price / Book: 0.89

Profitability

EPS (Most Recent Fiscal Year): N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 85.77
Current Ratio: 0.81
Quick Ratio: 0.17

Price-To-Earnings

Trailing P/E Ratio: 15.53
Forward P/E Ratio: 11.47
P/E Growth: N/A

Miscellaneous

Outstanding Shares: 317,768,000
Free Float: N/A
Market Cap: C$7.07 billion
Optionable: Not Optionable

MarketRank^™

Overall MarketRank^™

2.57 out of 5 stars

2.3 Analyst's Opinion

Consensus Rating
RioCan Real Estate Investment Trust has received a consensus rating of Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$24.69, RioCan Real Estate Investment Trust has a forecasted upside of 10.9% from its current price of C$22.26.
Amount of Analyst Coverage
RioCan Real Estate Investment Trust has only been the subject of 2 research reports in the past 90 days.

4.5 Community Rank

Outperform Votes
RioCan Real Estate Investment Trust has received 426 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
RioCan Real Estate Investment Trust has received 206 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
RioCan Real Estate Investment Trust has received 67.41% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about RioCan Real Estate Investment Trust and other stocks. Vote “Outperform” if you believe REI.UN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe REI.UN will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
RioCan Real Estate Investment Trust is a leading dividend payer. It pays a dividend yield of 4.19%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
RioCan Real Estate Investment Trust does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of RioCan Real Estate Investment Trust is 66.99%. This payout ratio is at a healthy, sustainable level, below 75%.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, RioCan Real Estate Investment Trust insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$112,000.00 in company stock and sold C$0.00 in company stock.

1.9 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of RioCan Real Estate Investment Trust is 15.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.58.
Price to Earnings Ratio vs. Sector
The P/E ratio of RioCan Real Estate Investment Trust is 15.53, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 41.79.
Price to Book Value per Share Ratio
RioCan Real Estate Investment Trust has a P/B Ratio of 0.89. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

RioCan Real Estate Investment Trust (TSE:REI.UN) Frequently Asked Questions

Is RioCan Real Estate Investment Trust a buy right now?: 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for RioCan Real Estate Investment Trust in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" RioCan Real Estate Investment Trust stock.
View analyst ratings for RioCan Real Estate Investment Trust or view top-rated stocks.
How has RioCan Real Estate Investment Trust's stock price been impacted by Coronavirus (COVID-19)?: RioCan Real Estate Investment Trust's stock was trading at C$23.72 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, REI.UN stock has decreased by 6.2% and is now trading at C$22.26.
View which stocks have been most impacted by COVID-19.
Is RioCan Real Estate Investment Trust a good dividend stock?: RioCan Real Estate Investment Trust pays an annual dividend of C$0.96 per share and currently has a dividend yield of 4.19%. REI.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of RioCan Real Estate Investment Trust is 66.99%. This payout ratio is at a healthy, sustainable level, below 75%.
View RioCan Real Estate Investment Trust's dividend history.
What price target have analysts set for REI.UN?: 7 equities research analysts have issued 12 month target prices for RioCan Real Estate Investment Trust's stock. Their forecasts range from C$23.00 to C$26.00. On average, they anticipate RioCan Real Estate Investment Trust's share price to reach C$24.69 in the next twelve months. This suggests a possible upside of 10.9% from the stock's current price.
View analysts' price targets for RioCan Real Estate Investment Trust or view top-rated stocks among Wall Street analysts.
Who are RioCan Real Estate Investment Trust's key executives?: RioCan Real Estate Investment Trust's management team includes the following people:
Mr. Edward Sonshine O.Ont., Q.C., B.A, LL.B, CEO & Trustee (Age 72)
Mr. Jonathan Gitlin, Pres & COO
Ms. Qi Tang, Sr. VP & CFO
Mr. Jeff Ross, Sr. VP of Leasing & Tenant Coordination
Mr. John Ballantyne Ph.D., Sr. VP of Asset Management
Who are some of RioCan Real Estate Investment Trust's key competitors?: Some companies that are related to RioCan Real Estate Investment Trust include SmartCentres Real Estate Investment Trst (SRU.UN), British Land (BLND), Choice Properties Real Est Invstmnt Trst (CHP.UN), CT Real Estate Investment Trust (CRT.UN), Shaftesbury (SHB), Hammerson (HMSO), Supermarket Income REIT (SUPR), Plaza Retail REIT (PLZ.UN), Slate Retail REIT (SRT.UN), NewRiver REIT (NRR), Capital & Regional (CAL), Intu Properties (INTU), Local Shopping REIT PLC (LSR.L) (LSR), APN Convenience Retail REIT (AQR) and Aventus Group (AVN).
View all of REI.UN's competitors.
What is RioCan Real Estate Investment Trust's stock symbol?: RioCan Real Estate Investment Trust trades on the Toronto Stock Exchange (TSX) under the ticker symbol "REI.UN."
How do I buy shares of RioCan Real Estate Investment Trust?: Shares of REI.UN 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 RioCan Real Estate Investment Trust's stock price today?: One share of REI.UN stock can currently be purchased for approximately C$22.26.
How much money does RioCan Real Estate Investment Trust make?: RioCan Real Estate Investment Trust has a market capitalization of C$7.07 billion and generates C$1.15 billion in revenue each year.
How many employees does RioCan Real Estate Investment Trust have?: RioCan Real Estate Investment Trust employs 585 workers across the globe.
What is RioCan Real Estate Investment Trust's official website?: The official website for RioCan Real Estate Investment Trust is www.riocan.com.
Where are RioCan Real Estate Investment Trust's headquarters?: RioCan Real Estate Investment Trust is headquartered at RioCan Yonge Eglinton Centre 2300 Yonge Street, Suite 500, Box 2386, TORONTO, ON M4P 1E4, Canada.
How can I contact RioCan Real Estate Investment Trust?: RioCan Real Estate Investment Trust's mailing address is RioCan Yonge Eglinton Centre 2300 Yonge Street, Suite 500, Box 2386, TORONTO, ON M4P 1E4, Canada. The real estate investment trust can be reached via phone at +1-416-8663033.

This page was last updated on 11/28/2021 by MarketBeat.com Staff

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RioCan Real Estate Investment Trust Stock Forecast, Price & News

About RioCan Real Estate Investment Trust

Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous

MarketRank™

Overall MarketRank™

2.3 Analyst's Opinion

4.5 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment

2.5 Dividend Strength

1.7 Company Ownership

1.9 Earnings and Valuation

RioCan Real Estate Investment Trust (TSE:REI.UN) Frequently Asked Questions

Is RioCan Real Estate Investment Trust a buy right now?

How has RioCan Real Estate Investment Trust's stock price been impacted by Coronavirus (COVID-19)?

Is RioCan Real Estate Investment Trust a good dividend stock?

What price target have analysts set for REI.UN?

Who are RioCan Real Estate Investment Trust's key executives?

Who are some of RioCan Real Estate Investment Trust's key competitors?

What is RioCan Real Estate Investment Trust's stock symbol?

How do I buy shares of RioCan Real Estate Investment Trust?

What is RioCan Real Estate Investment Trust's stock price today?

How much money does RioCan Real Estate Investment Trust make?

How many employees does RioCan Real Estate Investment Trust have?

What is RioCan Real Estate Investment Trust's official website?

Where are RioCan Real Estate Investment Trust's headquarters?

How can I contact RioCan Real Estate Investment Trust?

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MarketRank^™

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