RioCan Real Estate Investment Trust Company Profile (TSE:REI)

About RioCan Real Estate Investment Trust (TSE:REI)

RioCan Real Estate Investment Trust logoRioCan Real Estate Investment Trust (RioCan) is a Canada-based unincorporated closed-end real estate investment trust. The Trust owns and manages Canada's portfolio of shopping centers with ownership interests in a portfolio of approximately 300 retail and mixed use properties, including approximately 15 properties under development, containing an aggregate net leasable area (NLA) of approximately 46,973,000 square feet. The Trusts property portfolio includes grocery anchored, new format retail, urban retail, mixed use and non-grocery anchored centers, of which approximately 255 properties are owned, which includes approximately 250 income properties and five properties under development and approximately 45 are co-owned through joint arrangements with co-owners including approximately 10 under development. The Trusts projects are categorized into urban/mixed use, renovation/backfill and greenfield/expansion.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Symbol: TSE:REI
  • CUSIP: N/A
  • Web: www.riocan.com
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: N/A
Profitability:
  • Net Margins: 54.29%
  • Return on Equity: 7.74%
  • Return on Assets: 4.36%
 

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

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

RioCan Real Estate Investment Trust trades on the Tornton Stock Exchange (TSX) under the ticker symbol "REI."

How often does RioCan Real Estate Investment Trust pay dividends? What is the dividend yield for RioCan Real Estate Investment Trust?

RioCan Real Estate Investment Trust declared a monthly dividend on Wednesday, August 16th. Stockholders of record on Thursday, August 31st will be paid a dividend of 0.117 per share on Friday, September 8th. This represents a $1.40 annualized dividend and a dividend yield of Infinity. The ex-dividend date is Tuesday, August 29th. View RioCan Real Estate Investment Trust's Dividend History.

How were RioCan Real Estate Investment Trust's earnings last quarter?

RioCan Real Estate Investment Trust (TSE:REI) announced its earnings results on Thursday, July, 31st. The company reported $0.42 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.42. The firm earned $302 million during the quarter. RioCan Real Estate Investment Trust had a return on equity of 7.74% and a net margin of 54.29%. View RioCan Real Estate Investment Trust's Earnings History.

When will RioCan Real Estate Investment Trust make its next earnings announcement?

RioCan Real Estate Investment Trust is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for RioCan Real Estate Investment Trust.

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

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

RioCan Real Estate Investment Trust's management team includes the folowing people:

  • Paul Victor Godfrey, Independent Chairman of the Board of Trustees
  • Raghunath Davloor, President, Chief Operating Officer, Corporate Secretary
  • Edward Sonshine QC, Chief Executive Officer, Trustee
  • Qi Tang CPA, Chief Financial Officer, Senior Vice President
  • John Ballantyne, Senior Vice President - Asset Management
  • Andrew William Duncan, Senior Vice President - Developments
  • Jonathan Gitlin, Senior Vice President - Investments & Residential
  • Danny Kissoon, Senior Vice President - Operations
  • Jeff Ross, Senior Vice President - Leasing and Tenant Coordination
  • Naftali Sturm, Vice President - Finance

How do I buy RioCan Real Estate Investment Trust stock?

Shares of RioCan Real Estate Investment Trust 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.


MarketBeat Community Rating for RioCan Real Estate Investment Trust (TSE REI)
Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  10 (Vote Outperform)
Underperform Votes:  7 (Vote Underperform)
Total Votes:  17
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 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.

Analyst Ratings

Consensus Ratings for RioCan Real Estate Investment Trust (TSE:REI) (How are Consensus Ratings Calculated?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for RioCan Real Estate Investment Trust (TSE:REI)
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No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for RioCan Real Estate Investment Trust (TSE:REI)
Earnings by Quarter for RioCan Real Estate Investment Trust (TSE:REI)
Earnings History by Quarter for RioCan Real Estate Investment Trust (TSE REI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2017        
7/31/2014C$0.42C$0.42C$302.00 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for RioCan Real Estate Investment Trust (TSE:REI)
2017 EPS Consensus Estimate: $1.72
2018 EPS Consensus Estimate: $1.85
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.41$0.42$0.42
Q2 20172$0.41$0.42$0.42
Q3 20172$0.43$0.45$0.44
Q4 20171$0.45$0.45$0.45
Q1 20181$0.45$0.45$0.45
Q2 20181$0.46$0.46$0.46
Q3 20181$0.46$0.46$0.46
Q4 20181$0.48$0.48$0.48
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for RioCan Real Estate Investment Trust (TSE REI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/16/2017Monthly$0.128/29/20178/31/20179/8/2017
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for RioCan Real Estate Investment Trust (TSE:REI)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for RioCan Real Estate Investment Trust (TSE:REI)
Latest Headlines for RioCan Real Estate Investment Trust (TSE:REI)
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Chart

RioCan Real Estate Investment Trust (REI) Chart for Tuesday, September, 19, 2017

This page was last updated on 9/19/2017 by MarketBeat.com Staff