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S&P 500   4,273.79
DOW   33,562.86
QQQ   354.90
Is Verizon’s 7% Yield Too Good To Pass Up?
Soaring EV Industry Keeps Investor Focus on Lithium (Ad)
Surging Over 100%: Small Cap Electric Boat Maker Makes Waves
The Most Upgraded Stocks In May Are Moving Higher 
Soaring EV Industry Keeps Investor Focus on Lithium (Ad)
Buffett-Backed BYD Caught In The Chinese Government's Stimulus
Dollar General May Create an Opportunity for Patient Investors
Soaring EV Industry Keeps Investor Focus on Lithium (Ad)
Here’s What Driving the 125% YTD Gains for Upstart Holdings Stock
SunCar Technology Stock Overheats...Will it Rise Again?
S&P 500   4,273.79
DOW   33,562.86
QQQ   354.90
Is Verizon’s 7% Yield Too Good To Pass Up?
Soaring EV Industry Keeps Investor Focus on Lithium (Ad)
Surging Over 100%: Small Cap Electric Boat Maker Makes Waves
The Most Upgraded Stocks In May Are Moving Higher 
Soaring EV Industry Keeps Investor Focus on Lithium (Ad)
Buffett-Backed BYD Caught In The Chinese Government's Stimulus
Dollar General May Create an Opportunity for Patient Investors
Soaring EV Industry Keeps Investor Focus on Lithium (Ad)
Here’s What Driving the 125% YTD Gains for Upstart Holdings Stock
SunCar Technology Stock Overheats...Will it Rise Again?
S&P 500   4,273.79
DOW   33,562.86
QQQ   354.90
Is Verizon’s 7% Yield Too Good To Pass Up?
Soaring EV Industry Keeps Investor Focus on Lithium (Ad)
Surging Over 100%: Small Cap Electric Boat Maker Makes Waves
The Most Upgraded Stocks In May Are Moving Higher 
Soaring EV Industry Keeps Investor Focus on Lithium (Ad)
Buffett-Backed BYD Caught In The Chinese Government's Stimulus
Dollar General May Create an Opportunity for Patient Investors
Soaring EV Industry Keeps Investor Focus on Lithium (Ad)
Here’s What Driving the 125% YTD Gains for Upstart Holdings Stock
SunCar Technology Stock Overheats...Will it Rise Again?
TSE:REI.UN

RioCan Real Estate Investment Trust (REI.UN) Stock Forecast, Price & News

C$20.17
-0.10 (-0.49%)
(As of 06/5/2023 ET)
Compare
Today's Range
C$20.12
C$20.29
50-Day Range
C$19.87
C$21.66
52-Week Range
C$17.85
C$23.59
Volume
232,858 shs
Average Volume
675,719 shs
Market Capitalization
C$6.06 billion
P/E Ratio
31.03
Dividend Yield
5.35%
Price Target
C$24.65

RioCan Real Estate Investment Trust MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
22.2% Upside
C$24.65 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.68 out of 5 stars


REI.UN stock logo

About RioCan Real Estate Investment Trust (TSE:REI.UN) Stock

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.

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REI.UN Stock News Headlines

The Ignored EV Story Few Investors Know About
Lithium may grab all the headlines, but the average electric vehicle requires 146 pounds of the mineral graphite. With no producing graphite mines in North America, the U.S. government is desperate for more domestic sources of the metal to feed the EV battery supply chain.
The Ignored EV Story Few Investors Know About
Lithium may grab all the headlines, but the average electric vehicle requires 146 pounds of the mineral graphite. With no producing graphite mines in North America, the U.S. government is desperate for more domestic sources of the metal to feed the EV battery supply chain.
RioCan posts second-quarter net income of $78.5-million
RIOCAN REAL EST UN
2 Top REITs to Build an Income Stream
Is RioCan (TSX:REI.UN) the Best Canadian REIT to Buy Now?
See More Headlines

REI.UN Price History

Industry, Sector and Symbol

Industry
REIT - Retail
Sub-Industry
N/A
Current Symbol
TSE:REI.UN
CIK
N/A
Fax
N/A
Employees
585
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$24.65
High Stock Price Forecast
C$26.00
Low Stock Price Forecast
C$22.75
Forecasted Upside/Downside
+22.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
C$194.72 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$1.23 billion
Cash Flow
C$0.18 per share
Book Value
C$25.83 per share

Miscellaneous

Free Float
N/A
Market Cap
C$6.06 billion
Optionable
Not Optionable
Beta
1.20

Key Executives

  • Mr. Edward Sonshine O.Ont. (Age 72)
    Q.C., B.A, LL.B, CEO & Trustee
  • 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













REI.UN Stock - Frequently Asked Questions

Should I buy or sell RioCan Real Estate Investment Trust stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for RioCan Real Estate Investment Trust in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" REI.UN shares.
View REI.UN analyst ratings
or view top-rated stocks.

What is RioCan Real Estate Investment Trust's stock price forecast for 2023?

3 brokers have issued 12 month price objectives for RioCan Real Estate Investment Trust's shares. Their REI.UN share price forecasts range from C$22.75 to C$26.00. On average, they expect the company's share price to reach C$24.65 in the next year. This suggests a possible upside of 22.2% from the stock's current price.
View analysts price targets for REI.UN
or view top-rated stocks among Wall Street analysts.

How have REI.UN shares performed in 2023?

RioCan Real Estate Investment Trust's stock was trading at C$21.13 at the beginning of 2023. Since then, REI.UN stock has decreased by 4.5% and is now trading at C$20.17.
View the best growth stocks for 2023 here
.

Is RioCan Real Estate Investment Trust a good dividend stock?

RioCan Real Estate Investment Trust (TSE:REI.UN) pays an annual dividend of C$1.08 per share and currently has a dividend yield of 5.44%. REI.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 166.15%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for REI.UN.

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 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 RioCan Real Estate Investment Trust's stock price today?

One share of REI.UN stock can currently be purchased for approximately C$20.17.

How much money does RioCan Real Estate Investment Trust make?

RioCan Real Estate Investment Trust (TSE:REI.UN) has a market capitalization of C$6.06 billion and generates C$1.23 billion in revenue each year. The real estate investment trust earns C$194.72 million in net income (profit) each year or C$0.65 on an earnings per share basis.

How many employees does RioCan Real Estate Investment Trust have?

The company employs 585 workers across the globe.

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 official website for the company is www.riocan.com. The real estate investment trust can be reached via phone at +1-416-8663033.

This page (TSE:REI.UN) was last updated on 6/6/2023 by MarketBeat.com Staff

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