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TSE:SMU.UN

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

C$17.48
-0.45 (-2.51%)
(As of 10/6/2022 10:39 AM ET)
Add
Compare
Today's Range
C$17.48
C$18.22
50-Day Range
C$16.30
C$19.55
52-Week Range
C$16.06
C$24.01
Volume
40,355 shs
Average Volume
495,963 shs
Market Capitalization
C$3.32 billion
P/E Ratio
4.44
Dividend Yield
3.24%
Price Target
C$23.50
SMU.UN stock logo

About Summit Industrial Income REIT (TSE:SMU.UN) Stock

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.

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SMU.UN Stock News Headlines

3 Extremely Cheap TSX Stocks to Buy
Summit Industrial Income REIT Announces January 2021 Cash Distribution
Summit Industrial Income REIT Announces November 2020 Cash Distribution
Summit Industrial Income REIT (5G7.F)
See More Headlines
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SMU.UN Company Calendar

Ex-Dividend for 7/15 Dividend
6/29/2022
Dividend Payable
7/15/2022
Ex-Dividend for 9/15 Dividend
8/30/2022
Dividend Payable
9/15/2022
Today
10/06/2022

Industry, Sector and Symbol

Industry
REIT - Industrial
Sub-Industry
N/A
Current Symbol
TSE:SMU.UN
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$23.50
High Stock Price Forecast
C$25.00
Low Stock Price Forecast
C$22.00
Forecasted Upside/Downside
+34.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$234.51 million
Cash Flow
C$0.63 per share
Book Value
C$19.46 per share

Miscellaneous

Free Float
N/A
Market Cap
C$3.32 billion
Optionable
Not Optionable
Beta
N/A

Key Executives

  • Mr. Paul Malcolm Dykeman C.A. (Age 58)
    CPA, CPA, CA, CEO, Pres & Trustee
  • 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













SMU.UN Stock - Frequently Asked Questions

Should I buy or sell Summit Industrial Income REIT stock right now?

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

What is Summit Industrial Income REIT's stock price forecast for 2022?

2 equities research analysts have issued twelve-month price targets for Summit Industrial Income REIT's stock. Their SMU.UN share price forecasts range from C$22.00 to C$25.00. On average, they expect the company's share price to reach C$23.50 in the next twelve months. This suggests a possible upside of 31.1% from the stock's current price.
View analysts price targets for SMU.UN
or view top-rated stocks among Wall Street analysts.

How have SMU.UN shares performed in 2022?

Summit Industrial Income REIT's stock was trading at C$23.50 at the beginning of the year. Since then, SMU.UN shares have decreased by 23.7% and is now trading at C$17.93.
View the best growth stocks for 2022 here
.

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 Tuesday, August 30th. Investors of record on Thursday, September 15th will be paid a dividend of 0.0484 per share on Thursday, September 15th. This represents a $0.58 dividend on an annualized basis and a yield of 3.24%. The ex-dividend date is Tuesday, August 30th.
Read our dividend analysis for SMU.UN
.

Is Summit Industrial Income REIT a good dividend stock?

Summit Industrial Income REIT (TSE:SMU.UN) pays an annual dividend of C$0.57 per share and currently has a dividend yield of 3.20%. The dividend payout ratio is 14.39%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for SMU.UN.

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 stock 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$17.93.

How much money does Summit Industrial Income REIT make?

Summit Industrial Income REIT (TSE:SMU.UN) has a market capitalization of C$3.41 billion and generates C$234.51 million in revenue each year.

How can I contact Summit Industrial Income REIT?

The official website for the company is www.summitIIreit.com. The company can be reached via phone at (905) 791-1181.

This page (TSE:SMU.UN) was last updated on 10/6/2022 by MarketBeat.com Staff

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