TSE:SMU.UN

Summit Industrial Income REIT Stock Forecast, Price & News

C$15.09
-0.03 (-0.20 %)
(As of 04/16/2021 12:00 AM ET)
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Today's Range
C$15.00
Now: C$15.09
C$15.16
50-Day Range
C$13.52
MA: C$14.26
C$15.15
52-Week Range
C$9.08
Now: C$15.09
C$15.24
Volume230,018 shs
Average Volume410,104 shs
Market CapitalizationC$2.53 billion
P/E Ratio10.61
Dividend Yield3.57%
BetaN/A
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
Sub-IndustryN/A
Current SymbolTSE:SMU.UN
CUSIPN/A
CIKN/A
Phone(905) 791-1181
EmployeesN/A
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

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

Profitability

Miscellaneous

Market CapC$2.53 billion
Next Earnings DateN/A
OptionableNot Optionable

Headlines

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

MarketRank

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 -
C$15.09
-0.03 (-0.20 %)
(As of 04/16/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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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 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 (WHO). Since then, SMU.UN shares have increased by 29.9% and is now trading at C$15.09.
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 annualized dividend and a dividend yield of 3.58%. 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 3.57%. 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 equities research analysts have issued 1 year price targets for Summit Industrial Income REIT's stock. Their forecasts range from C$13.50 to C$16.00. On average, they anticipate Summit Industrial Income REIT's stock price to reach C$15.13 in the next twelve months. This suggests a possible upside of 0.2% 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$15.09.

How much money does Summit Industrial Income REIT make?

Summit Industrial Income REIT has a market capitalization of C$2.53 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 4/18/2021 by MarketBeat.com Staff
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