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

Summit Industrial Income REIT trades on the Toronto Stock Exchange (TSX) under the ticker symbol "SMU.UN."

Summit Industrial Income REIT announced a monthly dividend on Wednesday, October 30th. Stockholders of record on Friday, November 15th will be given a dividend of 0.045 per share on Friday, November 15th. This represents a $0.54 annualized dividend and a dividend yield of 3.95%. The ex-dividend date is Wednesday, October 30th. View Summit Industrial Income REIT's Dividend History.

5 brokers have issued twelve-month price targets for Summit Industrial Income REIT's stock. Their forecasts range from C$11.00 to C$12.50. On average, they expect Summit Industrial Income REIT's stock price to reach C$11.85 in the next twelve months. This suggests that the stock has a possible downside of 13.3%. View Analyst Price Targets for Summit Industrial Income REIT.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Summit Industrial Income REIT in the last year. There are currently 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Summit Industrial Income REIT.

News headlines about SMU.UN stock have been trending negative this week, according to InfoTrie. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Summit Industrial Income REIT earned a daily sentiment score of -2.5 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Summit Industrial Income REIT.

Some companies that are related to Summit Industrial Income REIT include Granite Real Estate Investment Trust (GRT.UN), BWP Trust (BWP), Tritax Big Box REIT (BBOX), Big Yellow Group (BYG), National Storage REIT Stapled Securities (NSR), Dream Industrial Real Estate Invest Trst (DIR.UN), Safestore (SAFE), Centuria Industrial Reit (CIP), UK Commercial Property REIT (UKCM), WPT Industrial Real Estate Investment (WIR.U), Hansteen (HSTN), Warehouse REIT (WHR), Plymouth Industrial Reit (PLYM), Plymouth Ind Re (PLYM) and Big Yellow Group (BYLOF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Summit Industrial Income REIT investors own include Alamos Gold (AGI), Chorus Aviation (CHR), Toronto-Dominion Bank (TD), AutoCanada (ACQ), Alaris Royalty (AD), Algonquin Power & Utilities (AQN), BCE (BCE), Bank of Nova Scotia (BNS), Dream Global REIT (DRG.UN) and Enbridge (ENB).

Shares of SMU.UN and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

One share of SMU.UN stock can currently be purchased for approximately C$13.66.

Summit Industrial Income REIT has a market capitalization of C$1.87 billion and generates C$133.22 million in revenue each year. View Additional Information About Summit Industrial Income REIT.

The official website for Summit Industrial Income REIT is http://www.summitIIreit.com/.

The company can be reached via phone at (905) 791-1181.