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Summit Industrial Income REIT Stock Forecast, Price & News

+0.18 (+1.13 %)
(As of 05/14/2021 04:00 PM ET)
Today's Range
50-Day Range
52-Week Range
Volume286,238 shs
Average Volume392,977 shs
Market CapitalizationC$2.70 billion
P/E Ratio11.34
Dividend Yield3.54%
30 days | 90 days | 365 days | Advanced Chart
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Summit Industrial Income REIT logo

About Summit Industrial Income REIT

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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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$0.42 per share
Book ValueC$11.33 per share





Market CapC$2.70 billion
Next Earnings DateN/A
OptionableNot Optionable


Overall MarketRank

1.37 out of 5 stars

Analyst Opinion: 2.3Community Rank: 1.7Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -
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Summit Industrial Income REIT (TSE:SMU.UN) Frequently Asked Questions

Is Summit Industrial Income REIT a buy right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Summit Industrial Income REIT in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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 buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Summit Industrial Income REIT wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

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

Summit Industrial Income REIT's stock was trading at C$11.62 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SMU.UN stock has increased by 39.0% and is now trading at C$16.15.
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, April 29th. Stockholders of record on Friday, May 14th will be paid a dividend of 0.045 per share on Friday, May 14th. This represents a $0.54 dividend on an annualized basis and a yield of 3.34%. The ex-dividend date is Thursday, April 29th.
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 3.54%. 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 analysts have issued 1 year price objectives for Summit Industrial Income REIT's stock. Their forecasts range from C$13.50 to C$17.00. On average, they expect Summit Industrial Income REIT's stock price to reach C$15.33 in the next year. This suggests that the stock has a possible downside of 5.1%.
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$16.15.

How much money does Summit Industrial Income REIT make?

Summit Industrial Income REIT has a market capitalization of C$2.70 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

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 5/14/2021 by Staff
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