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Stocks waver on Wall Street, hover close to bear market
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S&P 500   3,900.79
DOW   31,253.13
QQQ   289.58
A Reversal In The S&P 500 Is Confirmed 
A bear market may be on the horizon. Here’s what that means
Don’t Bet On Cheaper Oil, Not Yet Anway 
FDA head: Baby formula factory could reopen by next week
Will John Deere’s Earnings Help to Calm the Markets?
Stocks waver on Wall Street, hover close to bear market
Stocks slip on Wall Street, edge closer to bear market
S&P 500   3,900.79
DOW   31,253.13
QQQ   289.58
A Reversal In The S&P 500 Is Confirmed 
A bear market may be on the horizon. Here’s what that means
Don’t Bet On Cheaper Oil, Not Yet Anway 
FDA head: Baby formula factory could reopen by next week
Will John Deere’s Earnings Help to Calm the Markets?
Stocks waver on Wall Street, hover close to bear market
Stocks slip on Wall Street, edge closer to bear market
S&P 500   3,900.79
DOW   31,253.13
QQQ   289.58
A Reversal In The S&P 500 Is Confirmed 
A bear market may be on the horizon. Here’s what that means
Don’t Bet On Cheaper Oil, Not Yet Anway 
FDA head: Baby formula factory could reopen by next week
Will John Deere’s Earnings Help to Calm the Markets?
Stocks waver on Wall Street, hover close to bear market
Stocks slip on Wall Street, edge closer to bear market
TSE:SMU.UN

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

C$18.95
-0.15 (-0.79%)
(As of 05/19/2022 12:00 AM ET)
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Compare
Today's Range
C$18.71
▼
C$19.16
50-Day Range
C$18.28
▼
C$23.19
52-Week Range
C$15.69
▼
C$24.01
Volume
397,512 shs
Average Volume
668,094 shs
Market Capitalization
C$3.59 billion
P/E Ratio
2.64
Dividend Yield
3.04%
Beta
N/A
View Price History Chart DataSkip Price History Chart
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.

Headlines

May 14, 2022 | americanbankingnews.com
Summit Industrial Income REIT (TSE:SMU.UN) Lifted to Buy at Canaccord Genuity Group
March 31, 2022 | finance.yahoo.com
Summit Industrial Income REIT Continues to Expand Development Pipeline in Ontario
February 17, 2022 | ca.finance.yahoo.com
Summit Industrial Income REIT Reports Another Year of Record Performance in 2021
January 20, 2022 | ca.finance.yahoo.com
Summit Industrial Income REIT Acquires Two Brand New Industrial Properties in Guelph, Ontario
October 6, 2021 | ca.finance.yahoo.com
Summit Industrial Income REIT Announces Timing of Third Quarter 2021 Results and Conference Call
August 28, 2021 | msn.com
3 Extremely Cheap TSX Stocks to Buy
August 10, 2021 | markets.businessinsider.com
Summit Industrial Income REIT Reports Continued Strong Performance in Second Quarter 2021
May 11, 2021 | ca.finance.yahoo.com
Summit Industrial Income REIT Reports Continued Strong Performance in First Quarter 2021
April 7, 2021 | finance.yahoo.com
Summit Industrial Income REIT Announces $250 Million Green Bond Offering
March 29, 2021 | markets.businessinsider.com
Summit Industrial Income REIT Announces Timing of First Quarter 2021 Results and Conference Call
March 26, 2021 | finance.yahoo.com
Summit Industrial Income REIT Recognized by The Globe and Mail's 2021 Annual Women Lead Here Benchmark of Executive Gender Diversity
January 19, 2021 | markets.businessinsider.com
Summit Industrial Income REIT Announces Timing of Fourth Quarter & Year End 2020 Results and Conference Call
January 16, 2021 | markets.businessinsider.com
Summit Industrial Income REIT Announces January 2021 Cash Distribution
See More Headlines

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
REIT - Industrial
Sub-Industry
N/A
Sector
Real Estate
Current Symbol
TSE:SMU.UN
Previous Symbol
CUSIP
N/A
CIK
N/A
Web
www.summitIIreit.com
Phone
(905) 791-1181
Fax
N/A
Employees
N/A
Year Founded
N/A

Sales & Book Value

Annual Sales
C$225.96 million
Price / Sales
15.89
Cash Flow
C$0.99 per share
Price / Cash Flow
19.18
Book Value
C$19.17 per share
Price / Book
0.99

Profitability

EPS (Most Recent Fiscal Year)
N/A
Net Income
N/A
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
N/A
Return on Assets
N/A

Debt

Debt-to-Equity Ratio
41.00
Current Ratio
1.65
Quick Ratio
1.15

Price-To-Earnings

Trailing P/E Ratio
2.64
Forward P/E Ratio
21.78
P/E Growth
N/A

Miscellaneous

Outstanding Shares
189,531,000
Free Float
N/A
Market Cap
C$3.59 billion
Optionable
Not Optionable

Company Calendar

Ex-Dividend for 3/15 Dividend
2/25/2022
Dividend Payable
3/15/2022
Ex-Dividend for 4/15 Dividend
3/30/2022
Dividend Payable
4/15/2022
Today
5/20/2022

MarketRank™

Overall MarketRank™

1.90 out of 5 stars

Analyst Opinion: 2.4Community Rank: 3.6Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -













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

Is Summit Industrial Income REIT a buy right now?

7 Wall Street equities research 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 5 buy ratings for the stock. The consensus among Wall Street equities 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.

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

Summit Industrial Income REIT announced a monthly dividend on Wednesday, March 30th. Stockholders of record on Friday, April 15th will be paid a dividend of 0.047 per share on Friday, April 15th. This represents a $0.56 dividend on an annualized basis and a yield of 2.98%. The ex-dividend date of this dividend is Wednesday, March 30th.
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$0.56 per share and currently has a dividend yield of 3.04%. The dividend payout ratio of Summit Industrial Income REIT is 7.84%. 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?

7 analysts have issued 12-month target prices for Summit Industrial Income REIT's shares. Their forecasts range from C$22.00 to C$25.00. On average, they anticipate Summit Industrial Income REIT's stock price to reach C$23.38 in the next twelve months. This suggests a possible upside of 23.4% 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
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$18.95.

How much money does Summit Industrial Income REIT make?

Summit Industrial Income REIT has a market capitalization of C$3.59 billion and generates C$225.96 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 5/20/2022 by MarketBeat.com Staff

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