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China's 1st domestically made passenger plane completes maiden commercial flight
Highly Profitable Restaurant Brand Expands to Canada (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
'Succession' fans brace for series finale of Emmy-winning hit drama
Highly Profitable Restaurant Brand Expands to Canada (Ad)
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Biden, GOP reach debt-ceiling deal, now Congress must approve it to prevent calamitous default
World-Renowned Brazilian Restaurant Debuts in Canada (Ad)
Voters in Turkey choose between Erdogan and Kilicdaroglu in presidential runoff
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
Highly Profitable Restaurant Brand Expands to Canada (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
'Succession' fans brace for series finale of Emmy-winning hit drama
Highly Profitable Restaurant Brand Expands to Canada (Ad)
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Biden, GOP reach debt-ceiling deal, now Congress must approve it to prevent calamitous default
World-Renowned Brazilian Restaurant Debuts in Canada (Ad)
Voters in Turkey choose between Erdogan and Kilicdaroglu in presidential runoff
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
Highly Profitable Restaurant Brand Expands to Canada (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
'Succession' fans brace for series finale of Emmy-winning hit drama
Highly Profitable Restaurant Brand Expands to Canada (Ad)
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Biden, GOP reach debt-ceiling deal, now Congress must approve it to prevent calamitous default
World-Renowned Brazilian Restaurant Debuts in Canada (Ad)
Voters in Turkey choose between Erdogan and Kilicdaroglu in presidential runoff
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
Highly Profitable Restaurant Brand Expands to Canada (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
'Succession' fans brace for series finale of Emmy-winning hit drama
Highly Profitable Restaurant Brand Expands to Canada (Ad)
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Biden, GOP reach debt-ceiling deal, now Congress must approve it to prevent calamitous default
World-Renowned Brazilian Restaurant Debuts in Canada (Ad)
Voters in Turkey choose between Erdogan and Kilicdaroglu in presidential runoff
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
TSE:SMU.UN

Summit Industrial Income REIT (SMU.UN) Competitors

Compare
Today's Range
N/A
50-Day Range
C$22.83
C$23.48
52-Week Range
N/A
Volume
1.22 million shs
Average Volume
1.82 million shs
Market Capitalization
C$4.46 billion
P/E Ratio
8.89
Dividend Yield
2.60%
Price Target
N/A

SMU.UN vs. GRT.UN, DIR.UN, WIR.U, CHP.UN, SRU.UN, CIGI, DRG.UN, FCR.UN, TCN, and AP.UN

Should you be buying Summit Industrial Income REIT stock or one of its competitors? The main competitors of Summit Industrial Income REIT include Granite Real Estate Investment Trust (GRT.UN), Dream Industrial Real Estate Invest Trst (DIR.UN), WPT Industrial Real Estate Investment (WIR.U), Choice Properties Real Est Invstmnt Trst (CHP.UN), SmartCentres Real Estate Investment Trst (SRU.UN), Colliers International Group (CIGI), Dream Global REIT (DRG.UN), First Capital Realty (FCR.UN), Tricon Residential (TCN), and Allied Properties Real Estate Investment (AP.UN). These companies are all part of the "real estate" sector.

Summit Industrial Income REIT vs.

Granite Real Estate Investment Trust (TSE:GRT.UN) and Summit Industrial Income REIT (TSE:SMU.UN) are both mid-cap real estate companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, institutional ownership, community ranking, dividends, media sentiment, risk, valuation, profitability and analyst recommendations.

Granite Real Estate Investment Trust presently has a consensus price target of C$97.63, suggesting a potential upside of 21.88%.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Granite Real Estate Investment Trust
0 Sell rating(s)
0 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
3.17
Summit Industrial Income REIT
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

In the previous week, Granite Real Estate Investment Trust had 1 more articles in the media than Summit Industrial Income REIT. MarketBeat recorded 1 mentions for Granite Real Estate Investment Trust and 0 mentions for Summit Industrial Income REIT. Granite Real Estate Investment Trust's average media sentiment score of 1.08 beat Summit Industrial Income REIT's score of 0.00 indicating that Granite Real Estate Investment Trust is being referred to more favorably in the media.

Company Overall Sentiment
Granite Real Estate Investment Trust Positive
Summit Industrial Income REIT Neutral

74.4% of Granite Real Estate Investment Trust shares are owned by institutional investors. Comparatively, 30.6% of Summit Industrial Income REIT shares are owned by institutional investors. 0.4% of Granite Real Estate Investment Trust shares are owned by insiders. Comparatively, 6.9% of Summit Industrial Income REIT shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Granite Real Estate Investment Trust received 161 more outperform votes than Summit Industrial Income REIT when rated by MarketBeat users. Likewise, 56.23% of users gave Granite Real Estate Investment Trust an outperform vote while only 53.33% of users gave Summit Industrial Income REIT an outperform vote.

CompanyUnderperformOutperform
Granite Real Estate Investment TrustOutperform Votes
185
56.23%
Underperform Votes
144
43.77%
Summit Industrial Income REITOutperform Votes
24
53.33%
Underperform Votes
21
46.67%

Summit Industrial Income REIT has lower revenue, but higher earnings than Granite Real Estate Investment Trust. Granite Real Estate Investment Trust is trading at a lower price-to-earnings ratio than Summit Industrial Income REIT, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Granite Real Estate Investment TrustC$476.60 million10.71-C$332.22 million-C$4.98-16.08
Summit Industrial Income REITC$246.09 million0.00C$501.55 millionC$2.64N/A

Granite Real Estate Investment Trust pays an annual dividend of C$3.20 per share and has a dividend yield of 4.0%. Summit Industrial Income REIT pays an annual dividend of C$0.57 per share. Granite Real Estate Investment Trust pays out -64.3% of its earnings in the form of a dividend. Summit Industrial Income REIT pays out 21.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Granite Real Estate Investment Trust is clearly the better dividend stock, given its higher yield and lower payout ratio.

Summit Industrial Income REIT has a net margin of 0.00% compared to Granite Real Estate Investment Trust's net margin of -69.71%. Summit Industrial Income REIT's return on equity of 0.00% beat Granite Real Estate Investment Trust's return on equity.

Company Net Margins Return on Equity Return on Assets
Granite Real Estate Investment Trust -69.71% -5.91% 2.46%
Summit Industrial Income REIT N/A N/A N/A

Summary

Granite Real Estate Investment Trust beats Summit Industrial Income REIT on 11 of the 17 factors compared between the two stocks.


New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SMU.UN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

SMU.UN vs. The Competition

MetricSummit Industrial Income REITREIT IndustryReal Estate SectorTSE Exchange
Market CapC$4.46BC$2.71BC$1.41BC$4.62B
Dividend Yield2.60%5.30%6.53%5.04%
P/E Ratio8.89287.21193.4923.57
Price / SalesN/A750.81347.731,320.26
Price / Cash137.3364.5570.6079.58
Price / BookN/A0.821.193.54
Net IncomeC$501.55M-C$175.94MC$132,095.24C$342.13M

Summit Industrial Income REIT Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GRT.UN
Granite Real Estate Investment Trust
2.4082 of 5 stars
C$81.52
-0.1%
C$97.63
+19.8%
-11.1%C$5.20BC$455.58M33.2744Positive News
DIR.UN
Dream Industrial Real Estate Invest Trst
2.059 of 5 stars
C$14.02
+0.2%
C$17.25
+23.0%
-2.8%C$3.61BC$408.72M16.8990
WIR.U
WPT Industrial Real Estate Investment
0 of 5 stars
N/AN/AN/AC$1.84BC$217.88M4.6822High Trading Volume
CHP.UN
Choice Properties Real Est Invstmnt Trst
1.5194 of 5 stars
C$13.87
-0.4%
C$15.54
+12.0%
-8.0%C$4.55BC$1.34B15.94238
SRU.UN
SmartCentres Real Estate Investment Trst
1.6944 of 5 stars
C$25.67
+0.0%
C$30.42
+18.5%
-13.1%C$3.71BC$826.83M14.26337
CIGI
Colliers International Group
1.5556 of 5 stars
C$127.81
-0.3%
C$160.00
+25.2%
-14.2%C$5.43BC$4.46B96.1016,780
DRG.UN
Dream Global REIT
0 of 5 stars
N/AN/AN/AC$3.27BC$500.82M4.7865
FCR.UN
First Capital Realty
1.8132 of 5 stars
C$14.94
+0.1%
C$19.83
+32.8%
-4.4%C$3.17BC$712.20M-20.75364
TCN
Tricon Residential
2.0199 of 5 stars
C$10.84
-0.1%
C$12.79
+17.9%
-30.7%C$2.95BC$837.53M4.09968Analyst Revision
News Coverage
AP.UN
Allied Properties Real Estate Investment
2.1163 of 5 stars
C$22.79
+1.2%
C$32.04
+40.6%
-41.6%C$2.92BC$540.53M51.80N/A

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This page (TSE:SMU.UN) was last updated on 5/28/2023 by MarketBeat.com Staff

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