RioCan 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 Monday, September 18th. Investors of record on Friday, September 29th will be paid a dividend of 0.117 per share on Friday, October 6th. This represents a $1.40 dividend on an annualized basis and a yield of Infinity. The ex-dividend date of this dividend is Thursday, September 28th. 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) released its earnings results on Thursday, July, 31st. The company reported $0.42 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.42. The business had revenue of $302 million for 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?
Who are some of RioCan Real Estate Investment Trust's key competitors?
Some companies that are related to RioCan Real Estate Investment Trust include Colliers International Group (CIG), Kirkland Lake Gold Ltd (NMI), Osisko Mining Corp (OBM), Royal Bank of Canada (RY), Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), Enbridge (ENB), Canadian National Railway Company (CNR), Suncor Energy (SU), Bank of Montreal (BMO), TransCanada (TRP), BCE (BCE), Canadian Natural Resources Limited (CNQ), Manulife Financial Corp. (MFC), Canadian Imperial Bank of Commerce (CM), Thomson Reuters Corp (TRI), Great-West Lifeco (GWO) and Imperial Oil Ltd (IMO).
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)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.
Consensus Ratings for RioCan Real Estate Investment Trust (TSE:REI) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| 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 History for RioCan Real Estate Investment Trust (TSE:REI)Earnings History by Quarter for RioCan Real Estate Investment Trust (TSE REI)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/2/2017 | | | | | | | | |
| 7/31/2014 | | C$0.42 | C$0.42 | | C$302.00 million | View | N/A |  |
(Data available from 1/1/2011 forward)
Earnings Estimates for RioCan Real Estate Investment Trust (TSE:REI)2017 EPS Consensus Estimate: $1.72
2018 EPS Consensus Estimate: $1.85
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | $0.41 | $0.42 | $0.42 |
| Q2 2017 | 2 | $0.41 | $0.42 | $0.42 |
| Q3 2017 | 2 | $0.43 | $0.45 | $0.44 |
| Q4 2017 | 1 | $0.45 | $0.45 | $0.45 |
| Q1 2018 | 1 | $0.45 | $0.45 | $0.45 |
| Q2 2018 | 1 | $0.46 | $0.46 | $0.46 |
| Q3 2018 | 1 | $0.46 | $0.46 | $0.46 |
| Q4 2018 | 1 | $0.48 | $0.48 | $0.48 |
(Data provided by Zacks Investment Research)
Dividend History by Quarter for RioCan Real Estate Investment Trust (TSE REI)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 9/18/2017 | Monthly | $0.12 | | 9/28/2017 | 9/29/2017 | 10/6/2017 |
| 8/16/2017 | Monthly | $0.12 | | 8/29/2017 | 8/31/2017 | 9/8/2017 |
(Data available from 1/1/2013 forward)
Insider Trading History for RioCan Real Estate Investment Trust (TSE:REI)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for RioCan Real Estate Investment Trust (TSE:REI)
Latest Headlines for RioCan Real Estate Investment Trust (TSE:REI)
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RioCan Real Estate Investment Trust (REI) Chart for Thursday, September, 21, 2017
