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.
Industry, Sector and Symbol
Industry REIT - Industrial
Sub-IndustryN/A
SectorReal Estate
CIKN/A
Phone(905) 791-1181
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesC$122.84 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings DateN/A
OptionableNot Optionable
Summit Industrial Income REIT (TSE:SMU.UN) Frequently Asked Questions
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 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 Tuesday, July 30th. Stockholders of record on Thursday, August 15th will be paid a dividend of 0.045 per share on Thursday, August 15th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 4.28%. The ex-dividend date is Tuesday, July 30th. This is a positive change from Summit Industrial Income REIT's previous monthly dividend of $0.04. View Summit Industrial Income REIT's Dividend History.
What price target have analysts set for SMU.UN?
5 brokerages have issued 12 month price objectives 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 6.0%. View Analyst Price Targets for Summit Industrial Income REIT.
What is the consensus analysts' recommendation 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.
Has Summit Industrial Income REIT been receiving favorable news coverage?
Media coverage about SMU.UN stock has trended negative recently, InfoTrie reports. InfoTrie scores 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 negative five to positive five, with scores closest to five being the most favorable. Summit Industrial Income REIT earned a media sentiment score of -2.9 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Summit Industrial Income REIT.
Who are some of Summit Industrial Income REIT's key competitors?
Some companies that are related to Summit Industrial Income REIT include Granite Real Estate Investment Trust (GRT.UN), BWP Trust (BWP), Big Yellow Group (BYG), Dream Industrial Real Estate Invest Trst (DIR.UN), Safestore (SAFE), National Storage REIT Stapled Securities (NSR), UK Commercial Property REIT (UKCM), Centuria Industrial Reit (CIP), WPT Industrial Real Estate Investment (WIR.U), Hansteen (HSTN), Warehouse REIT (WHR), Plymouth Industrial Reit (PLYM), Plymouth Ind Re (PLYM), Big Yellow Group (BYLOF) and Prologis Property Mexico SA de CV (FBBPF).
What other stocks do shareholders of Summit Industrial Income REIT own?
Who are Summit Industrial Income REIT's key executives?
Summit Industrial Income REIT's management team includes the folowing 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
How do I buy shares of Summit Industrial Income REIT?
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.
What is Summit Industrial Income REIT's stock price today?
One share of SMU.UN stock can currently be purchased for approximately C$12.61.
How big of a company is Summit Industrial Income REIT?
What is Summit Industrial Income REIT's official website?
How can I contact Summit Industrial Income REIT?
The company can be reached via phone at (905) 791-1181.
MarketBeat Community Rating for Summit Industrial Income REIT (TSE SMU.UN)
MarketBeat's community ratings are surveys of what our community members think about Summit Industrial Income REIT and other stocks. Vote "Outperform" if you believe SMU.UN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SMU.UN will underperform the S&P 500 over the long term. You may vote once every thirty days.
