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TSE:REI.UN

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

C$19.99
-0.07 (-0.35%)
(As of 03/28/2023 10:27 AM ET)
Add
Compare
Today's Range
C$19.94
▼
C$20.08
50-Day Range
C$19.67
▼
C$23.30
52-Week Range
C$17.85
▼
C$25.82
Volume
42,866 shs
Average Volume
749,350 shs
Market Capitalization
C$6.00 billion
P/E Ratio
25.63
Dividend Yield
5.40%
Price Target
C$25.18

RioCan Real Estate Investment Trust MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
25.5% Upside
C$25.18 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.

2.02 out of 5 stars

See Top Rated MarketRank™ Stocks Here

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

March 6, 2023 | finance.yahoo.com
RioCan Real Estate Investment Trust completes offering of $200 million Series AG senior unsecured debentures
January 13, 2023 | nz.finance.yahoo.com
Does RioCan Real Estate Investment Trust's (TSE:REI.UN) Weak Fundamentals Mean That The Market Could Correct Its Share Price?
March 28, 2023 | Press Research (Ad)
Lithium Could Be 2023's Next Big Surprise
Lithium is the hottest commodity for our green future
November 15, 2022 | benzinga.com
RioCan Real Estate Investment Trust Announces November 2022 Distribution
September 26, 2022 | nasdaq.com
Ex-Dividend Reminder: RioCan REIT, Algonquin Power & Utilities Corp and ProAssurance Corp
August 10, 2022 | theglobeandmail.com
RioCan posts second-quarter net income of $78.5-million
June 15, 2022 | ca.finance.yahoo.com
RioCan Real Estate Investment Trust Announces June 2022 Distribution
February 9, 2022 | theglobeandmail.com
RioCan's 2021 Results Reflect Quality of Portfolio and Tenants
March 28, 2023 | Press Research (Ad)
Lithium Could Be 2023's Next Big Surprise
Lithium is the hottest commodity for our green future
November 10, 2021 | ca.finance.yahoo.com
RioCan REIT net income hit $137.6M in Q3 as businesses reopened following lockdowns
November 10, 2021 | fool.ca
RIOCAN REAL EST UN
November 7, 2021 | msn.com
This Perfect 3-Stock Portfolio Is All You Need
October 8, 2021 | fool.ca
RioCan Real Estate Investment Trust: Earn a 5.4% “Rent Cheque” Without Becoming a Landlord
September 27, 2021 | msn.com
2 Top REITs to Build an Income Stream
September 27, 2021 | finance.yahoo.com
RioCan Real Estate Investment Trust Schedules Third Quarter 2021 Earnings Release, Conference Call and Webcast
September 16, 2021 | ca.finance.yahoo.com
Is RioCan (TSX:REI.UN) the Best Canadian REIT to Buy Now?
August 7, 2021 | fool.ca
TSX:FCR.UN (FIRST CAPITAL REAL ESTATE INVESTMENT TRUST)
May 14, 2021 | markets.businessinsider.com
RioCan Real Estate Investment Trust Announces May 2021 Distribution
February 24, 2021 | finance.yahoo.com
RioCan Real Estate Investment Trust's(TSE:REI.UN) Share Price Is Down 31% Over The Past Year.
February 12, 2021 | theglobeandmail.com
RioCan REIT’s fourth-quarter net income down 50% as tenants remain closed to stop COVID-19
October 29, 2020 | theglobeandmail.com
RioCan says COVID-19 has turned real estate industry on its head
October 29, 2020 | msn.com
Should You Buy RioCan REIT (TSX:REI.UN) Stock After Earnings?
October 15, 2020 | markets.businessinsider.com
RioCan Real Estate Investment Trust Announces Renewal of Normal Course Issuer Bid
August 26, 2020 | finance.yahoo.com
What Type Of Returns Would RioCan Real Estate Investment Trust's(TSE:REI.UN) Shareholders Have Earned If They Purchased Their SharesYear Ago?
August 10, 2020 | ca.finance.yahoo.com
This Real Estate Expert Thinks There Won’t Be a 2020 Housing Crash
June 15, 2020 | ca.finance.yahoo.com
Stocks in play: RioCan Real Estate Investment Trust
May 29, 2020 | www.benzinga.com
RioCan Real Estate Investment Trust Schedules Date of Second Quarter 2020 Earnings Release, Conference Call and Webcast
See More Headlines
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Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
C$25.18
High Stock Price Forecast
C$26.50
Low Stock Price Forecast
C$22.75
Forecasted Upside/Downside
+26.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C$0.78
Trailing P/E Ratio
25.63
Forward P/E Ratio
11.67
P/E Growth
N/A
Net Income
C$236.77 million
Net Margins
19.17%
Pretax Margin
N/A
Return on Equity
3.03%
Return on Assets
2.73%

Debt

Debt-to-Equity Ratio
87.71
Current Ratio
0.34
Quick Ratio
0.08

Sales & Book Value

Annual Sales
C$1.24 billion
Price / Sales
4.84
Cash Flow
C$0.18 per share
Price / Cash Flow
112.37
Book Value
C$25.73 per share
Price / Book
0.78

Miscellaneous

Outstanding Shares
300,400,000
Free Float
N/A
Market Cap
C$6.00 billion
Optionable
Not Optionable
Beta
1.19

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

Key Competitors

View All Competitors

Insiders

View All Insider Transactions













REI.UN Stock - Frequently Asked Questions

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

5 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 1 hold rating and 4 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?

5 Wall Street research analysts have issued 1-year target prices for RioCan Real Estate Investment Trust's stock. Their REI.UN share price forecasts range from C$22.75 to C$26.50. On average, they predict the company's stock price to reach C$25.18 in the next twelve months. This suggests a possible upside of 26.0% 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 on January 1st, 2023. Since then, REI.UN shares have decreased by 5.4% and is now trading at C$19.99.
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 5.49%. 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 138.46%. 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$19.99.

How much money does RioCan Real Estate Investment Trust make?

RioCan Real Estate Investment Trust (TSE:REI.UN) has a market capitalization of C$6.00 billion and generates C$1.24 billion in revenue each year. The real estate investment trust earns C$236.77 million in net income (profit) each year or C$0.78 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 3/28/2023 by MarketBeat.com Staff