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

C$12.61
+0.22 (+1.78 %)
(As of 09/17/2019 03:03 PM ET)
Today's Range
C$12.40
Now: C$12.61
C$12.69
50-Day Range
C$12.27
MA: C$12.87
C$13.29
52-Week Range
C$12.46
Now: C$12.61
C$13.50
Volume214,288 shs
Average VolumeN/A
Market CapitalizationC$847.75 million
P/E Ratio26.11
Dividend Yield4.22%
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.

Industry, Sector and Symbol

Industry REIT - Industrial
Sub-IndustryN/A
SectorReal Estate
Current SymbolTSE:SMU.UN
CUSIPN/A
CIKN/A
Phone(905) 791-1181

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$122.84 million
Cash FlowC$0.09 per share
Book ValueC$8.86 per share

Profitability

Miscellaneous

EmployeesN/A
Market CapC$847.75 million
Next Earnings DateN/A
OptionableNot Optionable

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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?

What other stocks do shareholders of Summit Industrial Income REIT own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Summit Industrial Income REIT investors own include Alamos Gold (AGI), StealthGas (GASS), Corning (GLW), Alaris Royalty (AD), Algonquin Power & Utilities (AQN), Chorus Aviation (CHR), Dream Global REIT (DRG.UN), Pembina Pipeline (PPL), Toronto-Dominion Bank (TD) and TFI International (TFII).

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?

Summit Industrial Income REIT has a market capitalization of C$847.75 million and generates C$122.84 million in revenue each year. View Additional Information About Summit Industrial Income REIT.

What is Summit Industrial Income REIT's official website?

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

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)

Community Ranking:  1.0 out of 5 (star)
Outperform Votes:  3 (Vote Outperform)
Underperform Votes:  12 (Vote Underperform)
Total Votes:  15
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.
This page was last updated on 9/17/2019 by MarketBeat.com Staff

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