TSE:RIT - First Asset Canadian REIT Income Fund Stock Price, Price Target & More

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C$16.56 +0.03 (+0.18 %)
(As of 07/17/2018 11:08 AM ET)
Previous CloseC$16.53
Today's RangeC$16.49 - C$16.56
52-Week RangeC$15.26 - C$16.69
Volume3,887 shs
Average Volume11,190 shs
Market CapitalizationC$310.21 million
P/E RatioN/A
Dividend Yield4.90%
Beta0.28
First Asset Canadian Reit Income Fund (the Fund), formerly First Asset REIT Income Fund, is a Canada-based closed-end investment trust. The Fund's investment objectives is to provide holders with the benefits of high monthly cash distributions together with the opportunity for capital appreciation through the active management of a diversified portfolio of real estate investment trusts (REITs) and real estate corporations that are listed on Canadian stock exchanges. The investment portfolio provides diversification among various real estate holdings, including apartment buildings, shopping centers, office buildings and nursing/retirement homes, among others. The manager and investment advisor of the Fund is First Asset Investment Management Inc.

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Industry, Sector and Symbol

Stock Exchange TSE
Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolTSE:RIT
CUSIPN/A
Phone+1-416-6421289

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins100.24%
Return on Equity5.35%
Return on Assets5.01%

Miscellaneous

EmployeesN/A
Outstanding Shares19,546,000
Market CapC$310.21

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First Asset Canadian REIT Income Fund (TSE:RIT) Frequently Asked Questions

What is First Asset Canadian REIT Income Fund's stock symbol?

First Asset Canadian REIT Income Fund trades on the Toronto Stock Exchange (TSX) under the ticker symbol "RIT."

How often does First Asset Canadian REIT Income Fund pay dividends? What is the dividend yield for First Asset Canadian REIT Income Fund?

First Asset Canadian REIT Income Fund announced a monthly dividend on Friday, June 22nd. Investors of record on Friday, June 29th will be paid a dividend of 0.0675 per share on Friday, June 29th. This represents a $0.81 dividend on an annualized basis and a yield of 4.89%. The ex-dividend date of this dividend is Friday, June 22nd. View First Asset Canadian REIT Income Fund's Dividend History.

What is the consensus analysts' recommendation for First Asset Canadian REIT Income Fund?

0 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Asset Canadian REIT Income Fund in the last year. There are currently for the stock, resulting in a consensus recommendation of "N/A."

Who are First Asset Canadian REIT Income Fund's key executives?

First Asset Canadian REIT Income Fund's management team includes the folowing people:
  • Barry H. Gordon, President, Chief Executive Officer and Director of the Company
  • Karen Wagman, Chief Financial Officer of the Company
  • Z. Edward Akkawi, Chief Operating Officer, General Counsel, Corporate Secretary, Director of the Manager
  • Paul V. Dinelle, Executive Vice President and Director of the Manager
  • Lee Goldman, Senior Vice President and Portfolio Manager
  • Sheryl J. Chiddenton, Chief Compliance Officer of the Company
  • Craig Allardyce, Portfolio Manager of the Company
  • Manash Goswami, Portfolio Manager of the Company

Has First Asset Canadian REIT Income Fund been receiving favorable news coverage?

News articles about RIT stock have trended somewhat positive this week, Accern reports. The research firm identifies negative and positive media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. First Asset Canadian REIT Income Fund earned a daily sentiment score of 0.11 on Accern's scale. They also gave news articles about the company an impact score of 44.82 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

How do I buy shares of First Asset Canadian REIT Income Fund?

Shares of RIT 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.

What is First Asset Canadian REIT Income Fund's stock price today?

One share of RIT stock can currently be purchased for approximately C$16.56.

How big of a company is First Asset Canadian REIT Income Fund?

First Asset Canadian REIT Income Fund has a market capitalization of C$310.21 million.

How can I contact First Asset Canadian REIT Income Fund?

First Asset Canadian REIT Income Fund's mailing address is 95 Wellington St W Suite 1400, TORONTO, ON M5J 2N7, Canada. The company can be reached via phone at +1-416-6421289.


MarketBeat Community Rating for First Asset Canadian REIT Income Fund (TSE RIT)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  27 (Vote Outperform)
Underperform Votes:  36 (Vote Underperform)
Total Votes:  63
MarketBeat's community ratings are surveys of what our community members think about First Asset Canadian REIT Income Fund and other stocks. Vote "Outperform" if you believe RIT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RIT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/17/2018 by MarketBeat.com Staff

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