TSE:REI.UN RioCan Real Estate Investment Trust (REI.UN) Stock Forecast, Price & News C$18.24 -0.54 (-2.88%) (As of 09/26/2023 ET) Add Compare Share Share Today's RangeC$18.22▼C$18.8350-Day RangeC$18.24▼C$20.3552-Week RangeC$17.85▼C$23.59Volume592,302 shsAverage Volume574,073 shsMarket CapitalizationC$5.48 billionP/E Ratio23.69Dividend Yield5.92%Price TargetC$23.96 ProfileProfileAnalyst RatingsChartCompetitorsHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsHeadlinesSocial Media RioCan Real Estate Investment Trust MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside31.4% UpsideC$23.96 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.06 out of 5 stars 3.5 Analyst's Opinion Consensus RatingRioCan Real Estate Investment Trust has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$23.96, RioCan Real Estate Investment Trust has a forecasted upside of 31.4% from its current price of C$18.24.Amount of Analyst CoverageRioCan Real Estate Investment Trust has only been the subject of 2 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for REI.UN. Previous Next 1.7 Dividend Strength Dividend LeadershipRioCan Real Estate Investment Trust is a leading dividend payer. It pays a dividend yield of 5.57%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthRioCan Real Estate Investment Trust does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of RioCan Real Estate Investment Trust is 140.26%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for REI.UN. Previous Next 0.6 News and Social Media Coverage MarketBeat Follows4 people have added RioCan Real Estate Investment Trust to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, RioCan Real Estate Investment Trust insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.26% of the stock of RioCan Real Estate Investment Trust is held by insiders.Percentage Held by InstitutionsOnly 34.45% of the stock of RioCan Real Estate Investment Trust is held by institutions. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of RioCan Real Estate Investment Trust is 23.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.06.Price to Earnings Ratio vs. SectorThe P/E ratio of RioCan Real Estate Investment Trust is 23.69, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 134.44.Price to Book Value per Share RatioRioCan Real Estate Investment Trust has a P/B Ratio of 0.70. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About RioCan Real Estate Investment Trust (TSE:REI.UN) StockRioCan 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.Read More REI.UN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart REI.UN Stock News HeadlinesSeptember 16, 2023 | seekingalpha.comRioCan Real Estate Investment Trust announces issuance of $300M series AI senior unsecured debenturesSeptember 12, 2023 | fool.comRioCan Real Estate Investment Trust (TSX: REI.UN)September 27, 2023 | Behind the Markets (Ad)3 Words and a 3,000% ReturnIn October 2013, a scientist wrote 3 words on a piece of paper. They were simple words. A fiveyear-old could say them. But these three words could deliver you a 3,000% return in 2023 >>>August 18, 2023 | investing.comRiocan REIT (REI_u)August 15, 2023 | technews.tmcnet.comRioCan Real Estate Investment Trust Announces August 2023 DistributionJuly 17, 2023 | finance.yahoo.comRioCan Real Estate Investment Trust Announces July 2023 DistributionJune 14, 2023 | finanznachrichten.deRioCan Real Estate Investment Trust: Riocan Real Estate Investment Trust Announces Results of Voting at Its Annual and Special MeetingMay 14, 2023 | msn.com'Difficult to get your head around' the barriers to building homes: RioCan CEOSeptember 27, 2023 | Chaikin Analytics (Ad)His system isolated NVIDIA - Here's His Next Buy.Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.March 30, 2023 | finance.yahoo.comRioCan Real Estate Investment Trust Schedules First Quarter 2023 Earnings Release, Conference Call and WebcastMarch 6, 2023 | finance.yahoo.comRioCan Real Estate Investment Trust completes offering of $200 million Series AG senior unsecured debenturesJanuary 13, 2023 | nz.finance.yahoo.comDoes RioCan Real Estate Investment Trust's (TSE:REI.UN) Weak Fundamentals Mean That The Market Could Correct Its Share Price?November 15, 2022 | benzinga.comRioCan Real Estate Investment Trust Announces November 2022 DistributionSeptember 26, 2022 | nasdaq.comEx-Dividend Reminder: RioCan REIT, Algonquin Power & Utilities Corp and ProAssurance CorpAugust 10, 2022 | theglobeandmail.comRioCan posts second-quarter net income of $78.5-millionJune 15, 2022 | ca.finance.yahoo.comRioCan Real Estate Investment Trust Announces June 2022 DistributionFebruary 9, 2022 | theglobeandmail.comRioCan's 2021 Results Reflect Quality of Portfolio and TenantsNovember 10, 2021 | ca.finance.yahoo.comRioCan REIT net income hit $137.6M in Q3 as businesses reopened following lockdownsNovember 10, 2021 | fool.caRIOCAN REAL EST UNNovember 7, 2021 | msn.comThis Perfect 3-Stock Portfolio Is All You NeedOctober 8, 2021 | fool.caRioCan Real Estate Investment Trust: Earn a 5.4% “Rent Cheque” Without Becoming a LandlordSeptember 27, 2021 | msn.com2 Top REITs to Build an Income StreamSeptember 27, 2021 | finance.yahoo.comRioCan Real Estate Investment Trust Schedules Third Quarter 2021 Earnings Release, Conference Call and WebcastSeptember 16, 2021 | ca.finance.yahoo.comIs RioCan (TSX:REI.UN) the Best Canadian REIT to Buy Now?August 7, 2021 | fool.caTSX:FCR.UN (FIRST CAPITAL REAL ESTATE INVESTMENT TRUST)May 14, 2021 | markets.businessinsider.comRioCan Real Estate Investment Trust Announces May 2021 DistributionMay 6, 2021 | gurufocus.comRiocan Real Estate Investment Trust Stock Gives Every Indication Of Being Fairly ValuedSee More Headlines Receive REI.UN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for RioCan Real Estate Investment Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address Industry, Sector and Symbol Stock ExchangeTSE Industry REIT - Retail Sub-IndustryN/A SectorReal Estate Current SymbolTSE:REI.UN CUSIPN/A CIKN/A Webwww.riocan.com Phone+1-416-8663033FaxN/AEmployees585Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$23.96 High Stock Price ForecastC$25.50 Low Stock Price ForecastC$22.00 Forecasted Upside/Downside+31.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.77 Trailing P/E Ratio23.69 Forward P/E Ratio9.92 P/E GrowthN/ANet IncomeC$228.22 million Net Margins18.95% Pretax MarginN/A Return on Equity2.90% Return on Assets2.71% Debt Debt-to-Equity Ratio91.20 Current Ratio0.47 Quick Ratio0.08 Sales & Book Value Annual SalesC$1.20 billion Price / Sales4.57 Cash FlowC$0.16 per share Price / Cash Flow112.37 Book ValueC$26.00 per share Price / Book0.70Miscellaneous Outstanding Shares300,400,000Free FloatN/AMarket CapC$5.48 billion OptionableNot Optionable Beta1.18 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Edward Sonshine O.Ont. (Age 72)Q.C., B.A, LL.B, CEO & Trustee Mr. Jonathan GitlinPres & COOMs. Qi TangSr. VP & CFOMr. Jeff RossSr. VP of Leasing & Tenant CoordinationMr. John Ballantyne Ph.D.Sr. VP of Asset ManagementKey CompetitorsChoice Properties Real Est Invstmnt TrstTSE:CHP.UNSmartCentres Real Estate Investment TrstTSE:SRU.UNCT Real Estate Investment TrustTSE:CRT.UNColliers International GroupTSE:CIGIGranite Real Estate Investment TrustTSE:GRT.UNView All Competitors REI.UN Stock - Frequently Asked Questions Should I buy or sell RioCan Real Estate Investment Trust stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for RioCan Real Estate Investment Trust in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street 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? 5 analysts have issued 12-month target prices for RioCan Real Estate Investment Trust's shares. Their REI.UN share price forecasts range from C$22.00 to C$25.50. On average, they expect the company's share price to reach C$23.96 in the next twelve months. This suggests a possible upside of 31.4% 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 the year. Since then, REI.UN stock has decreased by 13.7% and is now trading at C$18.24. 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 5.57%. 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 140.26%. 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$18.24. How much money does RioCan Real Estate Investment Trust make? RioCan Real Estate Investment Trust (TSE:REI.UN) has a market capitalization of C$5.48 billion and generates C$1.20 billion in revenue each year. The real estate investment trust earns C$228.22 million in net income (profit) each year or C$0.77 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 9/27/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding RioCan Real Estate Investment Trust Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.