TSE:SMU.UN - Summit Industrial Income REIT Stock Price, Forecast & News

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

Summit Industrial Income REIT declared a monthly dividend on Wednesday, October 30th. Shareholders of record on Friday, November 15th will be paid a dividend of 0.045 per share on Friday, November 15th. This represents a $0.54 dividend on an annualized basis and a yield of 4.28%. The ex-dividend date of this dividend is Wednesday, October 30th. View Summit Industrial Income REIT's Dividend History.

5 brokerages have issued 1-year price objectives for Summit Industrial Income REIT's stock. Their forecasts range from C$11.00 to C$12.50. On average, they expect Summit Industrial Income REIT's share price to reach C$11.85 in the next year. This suggests that the stock has a possible downside of 6.2%. View Analyst Price Targets for Summit Industrial Income REIT.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Summit Industrial Income REIT in the last year. There are currently 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Summit Industrial Income REIT.

Headlines about SMU.UN stock have trended negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Summit Industrial Income REIT earned a daily sentiment score of -2.0 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Summit Industrial Income REIT.

Some companies that are related to Summit Industrial Income REIT include Granite Real Estate Investment Trust (GRT.UN), BWP Trust (BWP), Tritax Big Box REIT (BBOX), Big Yellow Group (BYG), Dream Industrial Real Estate Invest Trst (DIR.UN), Safestore (SAFE), National Storage REIT Stapled Securities (NSR), UK Commercial Property REIT (UKCM), Centuria Industrial Reit (CIP), WPT Industrial Real Estate Investment (WIR.U), Hansteen (HSTN), Warehouse REIT (WHR), Plymouth Ind Re (PLYM), Plymouth Industrial Reit (PLYM) and Big Yellow Group (BYLOF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Summit Industrial Income REIT investors own include Alamos Gold (AGI), Chorus Aviation (CHR), Toronto-Dominion Bank (TD), AutoCanada (ACQ), Alaris Royalty (AD), Algonquin Power & Utilities (AQN), BCE (BCE), Bank of Nova Scotia (BNS), Dream Global REIT (DRG.UN) and Enbridge (ENB).

Shares of SMU.UN 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.

One share of SMU.UN stock can currently be purchased for approximately C$12.63.

Summit Industrial Income REIT has a market capitalization of C$1.73 billion and generates C$133.22 million in revenue each year. View Additional Information About Summit Industrial Income REIT.

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

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