Summit Industrial Income REIT Stock Forecast, Price & News

+0.05 (+0.34 %)
(As of 04/12/2021 04:00 PM ET)
Today's Range
Now: C$14.90
50-Day Range
MA: C$14.15
52-Week Range
Now: C$14.90
Volume417,074 shs
Average Volume418,659 shs
Market CapitalizationC$2.50 billion
P/E Ratio10.48
Dividend Yield3.64%
Summit Industrial Income REIT is an unincorporated open-end trust focused on growing and managing a portfolio of light industrial and other properties across Canada. Summit II's units are listed on the TSX and trade under the symbol SMU.UN.
Summit Industrial Income REIT logo

Industry, Sector and Symbol

Industry REIT - Industrial
Current SymbolTSE:SMU.UN
Phone(905) 791-1181
Year FoundedN/A



Sales & Book Value

Annual SalesC$192.90 million
Cash FlowC$0.43 per share
Book ValueC$11.33 per share



Market CapC$2.50 billion
Next Earnings DateN/A
OptionableNot Optionable


Summit Industrial Income REIT Announces January 2021 Cash Distribution
January 16, 2021 |  markets.businessinsider.com
Summit Industrial Income REIT Announces November 2020 Cash Distribution
November 13, 2020 |  markets.businessinsider.com
Summit Industrial Income REIT (5G7.F)
October 11, 2020 |  in.finance.yahoo.com
See More Headlines


Overall MarketRank

1.35 out of 5 stars

Analyst Opinion: 2.3Community Rank: 1.6Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -
+0.05 (+0.34 %)
(As of 04/12/2021 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive SMU.UN News and Ratings via Email

Sign-up to receive the latest news and ratings for SMU.UN and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles

Summit Industrial Income REIT (TSE:SMU.UN) Frequently Asked Questions

Is Summit Industrial Income REIT a buy right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Summit Industrial Income REIT in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Summit Industrial Income REIT stock.
View analyst ratings for Summit Industrial Income REIT
or view top-rated stocks.

What stocks does MarketBeat like better than Summit Industrial Income REIT?

Wall Street analysts have given Summit Industrial Income REIT a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Summit Industrial Income REIT wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

How has Summit Industrial Income REIT's stock been impacted by Coronavirus (COVID-19)?

Summit Industrial Income REIT's stock was trading at C$11.62 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SMU.UN stock has increased by 28.2% and is now trading at C$14.90.
View which stocks have been most impacted by COVID-19

How often does Summit Industrial Income REIT pay dividends? What is the dividend yield for Summit Industrial Income REIT?

Summit Industrial Income REIT declared a monthly dividend on Thursday, February 25th. Investors of record on Monday, March 15th will be paid a dividend of 0.045 per share on Monday, March 15th. This represents a $0.54 dividend on an annualized basis and a yield of 3.62%. The ex-dividend date is Thursday, February 25th.
View Summit Industrial Income REIT's dividend history

Is Summit Industrial Income REIT a good dividend stock?

Summit Industrial Income REIT pays an annual dividend of C$0.54 per share and currently has a dividend yield of 3.64%. The dividend payout ratio of Summit Industrial Income REIT is 37.97%. This payout ratio is at a healthy, sustainable level, below 75%.
View Summit Industrial Income REIT's dividend history.

What price target have analysts set for SMU.UN?

4 brokerages have issued 1-year price targets for Summit Industrial Income REIT's shares. Their forecasts range from C$13.50 to C$16.00. On average, they expect Summit Industrial Income REIT's share price to reach C$15.13 in the next twelve months. This suggests a possible upside of 1.5% from the stock's current price.
View analysts' price targets for Summit Industrial Income REIT
or view top-rated stocks among Wall Street analysts.

Who are Summit Industrial Income REIT's key executives?

Summit Industrial Income REIT's management team includes the following people:
  • Mr. Paul Malcolm Dykeman C.A., CPA, CPA, CA, CEO, Pres & Trustee (Age 58)
  • Mr. Ross Drake CPA, CA, Chief Financial Officer
  • Mr. Jonathan J. Robbins, Sr. VP of Acquisitions
  • Ms. Kimberley G. Hill, Sr. VP of Asset Management

Who are some of Summit Industrial Income REIT's key competitors?

What is Summit Industrial Income REIT's stock symbol?

Summit Industrial Income REIT trades on the Toronto Stock Exchange (TSX) under the ticker symbol "SMU.UN."

How do I buy shares of Summit Industrial Income REIT?

Shares of SMU.UN 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 Summit Industrial Income REIT's stock price today?

One share of SMU.UN stock can currently be purchased for approximately C$14.90.

How much money does Summit Industrial Income REIT make?

Summit Industrial Income REIT has a market capitalization of C$2.50 billion and generates C$192.90 million in revenue each year.

What is Summit Industrial Income REIT's official website?

The official website for Summit Industrial Income REIT is www.summitIIreit.com.

How can I contact Summit Industrial Income REIT?

The company can be reached via phone at (905) 791-1181.

This page was last updated on 4/12/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Learn more.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.