TSE:SRU.UN

SmartCentres Real Estate Investment Trst Stock Forecast, Price & News

C$30.77

+0.14 (+0.46 %)

(As of 09/17/2021 12:00 AM ET)

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Today's Range

C$30.53

▼

C$30.80

50-Day Range

C$29.54

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C$30.77

52-Week Range

C$19.49

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C$30.90

Volume515,106 shs

Average Volume434,032 shs

Market CapitalizationC$5.24 billion

P/E Ratio16.73

Dividend Yield6.04%

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About SmartCentres Real Estate Investment Trst

SmartCentres is one of Canada's largest real estate investment trusts with total assets of approximately $9.5 billion. It owns and manages 34 million square feet of retail space in value-oriented, principally Walmart-anchored retail centres, having the strongest national and regional retailers as well as strong neighbourhood merchants. In addition, SmartCentres is a joint-venture partner in the Premium Outlets locations in Toronto and Montreal with Simon Property Group. SmartCentres is expanding the breadth of its portfolio to include residential (single-family, condominium and rental), retirement homes, office, and self-storage, either on its large urban properties such as the Vaughan Metropolitan Centre or as an adjunct to its well-located existing shopping centres.

SmartCentres Real Estate Investment Trst (TSE:SRU.UN) Receives Average Recommendation of "Hold" from Analysts
August 31, 2021 | americanbankingnews.com

Income splitting delivers tax savings in more ways than one
August 13, 2021 | theglobeandmail.com

3 Cash Cows Paying More Than 6% Dividends
August 7, 2021 | msn.com

SmartCentres 2021 First Quarter Results and Conference Call
April 19, 2021 | ca.finance.yahoo.com

TFSA Investors: This Cheap Stock Could Soar in Value
February 2, 2021 | fool.ca

Strategic Storage Trust IV Opens Second Newly Constructed Facility in Greater Toronto Area
December 4, 2020 | markets.businessinsider.com

SmartCentres: Dividend Growth Should Return In 2022, Resulting In A Likely 34% Upside And Single-Digit Downside
December 1, 2020 | seekingalpha.com

Housing Market Crash Fears: Why the Worst of 2020 Could Still Come
October 26, 2020 | msn.com

Passive Income: A Canadian REIT With a Swollen (But Safe) 9% Yield
October 15, 2020 | msn.com

Beyond CERB: How Canadians Can Leverage Their TFSAs to Produce Monthly Income
October 9, 2020 | msn.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE
Industry REIT - Retail
Sub-IndustryN/A
SectorReal Estate
Current SymbolTSE:SRU.UN
Previous SymbolTSE:CWT.UN
CUSIPN/A
CIKN/A
Webwww.smartcentres.com
Phone+1-905-3266400
Employees337
Year FoundedN/A

Sales & Book Value

Annual SalesC$883.28 million
Price / Sales5.93
Cash FlowC$0.40 per share
Price / Cash Flow77.24
Book ValueC$29.84 per share
Price / Book1.03

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares170,180,000
Market CapC$5.24 billion
Next Earnings DateN/A
OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

1.61 out of 5 stars

2.2 Analyst's Opinion

Consensus Rating
SmartCentres Real Estate Investment Trst has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$31.90, SmartCentres Real Estate Investment Trst has a forecasted upside of 3.7% from its current price of C$30.77.
Amount of Analyst Coverage
SmartCentres Real Estate Investment Trst has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.6 Community Rank

Outperform Votes
SmartCentres Real Estate Investment Trst has received 178 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
SmartCentres Real Estate Investment Trst has received 148 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
SmartCentres Real Estate Investment Trst has received 54.60% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about SmartCentres Real Estate Investment Trst and other stocks. Vote “Outperform” if you believe SRU.UN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SRU.UN will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
SmartCentres Real Estate Investment Trst is a leading dividend payer. It pays a dividend yield of 6.04%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
SmartCentres Real Estate Investment Trst does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of SmartCentres Real Estate Investment Trst is 100.60%. Payout ratios above 75% are not desirable because they may not be sustainable.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, SmartCentres Real Estate Investment Trst insiders have not sold or bought any company stock.

0.6 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of SmartCentres Real Estate Investment Trst is 16.73, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.50.
Price to Earnings Ratio vs. Sector
The P/E ratio of SmartCentres Real Estate Investment Trst is 16.73, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 37.99.
Price to Book Value per Share Ratio
SmartCentres Real Estate Investment Trst has a P/B Ratio of 1.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

SmartCentres Real Estate Investment Trst (TSE:SRU.UN) Frequently Asked Questions

Is SmartCentres Real Estate Investment Trst a buy right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SmartCentres Real Estate Investment Trst in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" SmartCentres Real Estate Investment Trst stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SRU.UN, but not buy additional shares or sell existing shares.
View analyst ratings for SmartCentres Real Estate Investment Trst or view top-rated stocks.

What stocks does MarketBeat like better than SmartCentres Real Estate Investment Trst?

Wall Street analysts have given SmartCentres Real Estate Investment Trst a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but SmartCentres Real Estate Investment Trst wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

How has SmartCentres Real Estate Investment Trst's stock been impacted by Coronavirus?

SmartCentres Real Estate Investment Trst's stock was trading at C$26.71 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SRU.UN stock has increased by 15.2% and is now trading at C$30.77.
View which stocks have been most impacted by COVID-19.

Is SmartCentres Real Estate Investment Trst a good dividend stock?

SmartCentres Real Estate Investment Trst pays an annual dividend of C$1.85 per share and currently has a dividend yield of 6.04%. SRU.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of SmartCentres Real Estate Investment Trst is 100.60%. Payout ratios above 75% are not desirable because they may not be sustainable.
View SmartCentres Real Estate Investment Trst's dividend history.

What price target have analysts set for SRU.UN?

6 brokers have issued 12-month target prices for SmartCentres Real Estate Investment Trst's stock. Their forecasts range from C$30.19 to C$33.00. On average, they expect SmartCentres Real Estate Investment Trst's share price to reach C$31.90 in the next twelve months. This suggests a possible upside of 3.7% from the stock's current price.
View analysts' price targets for SmartCentres Real Estate Investment Trst or view top-rated stocks among Wall Street analysts.

Who are SmartCentres Real Estate Investment Trst's key executives?

SmartCentres Real Estate Investment Trst's management team includes the following people:

Mr. Mitchell Goldhar, Exec. Chair of Board of Trustees (Age 57)
Mr. Peter Forde CPA, CA, Pres & CEO (Age 64)
Mr. Peter E. Sweeney, Chief Financial Officer (Age 55)
Mr. Rudy Gobin, Exec. VP of Portfolio Management & Investments (Age 57)
Mr. Mauro Pambianchi, Chief Devel. Officer (Age 67)

Who are some of SmartCentres Real Estate Investment Trst's key competitors?

Some companies that are related to SmartCentres Real Estate Investment Trst include RioCan Real Estate Investment Trust (REI.UN), Choice Properties Real Est Invstmnt Trst (CHP.UN), British Land (BLND), CT Real Estate Investment Trust (CRT.UN), Shaftesbury (SHB), Hammerson (HMSO), Supermarket Income REIT (SUPR), Plaza Retail REIT (PLZ.UN), Slate Retail REIT (SRT.UN), NewRiver REIT (NRR), Capital & Regional (CAL), Intu Properties (INTU), The Local Shopping REIT PLC (LSR.L) (LSR), APN Convenience Retail REIT (AQR) and Aventus Group (AVN).
View all of SRU.UN's competitors.

What is SmartCentres Real Estate Investment Trst's stock symbol?

SmartCentres Real Estate Investment Trst trades on the Toronto Stock Exchange (TSX) under the ticker symbol "SRU.UN."

How do I buy shares of SmartCentres Real Estate Investment Trst?

Shares of SRU.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 SmartCentres Real Estate Investment Trst's stock price today?

One share of SRU.UN stock can currently be purchased for approximately C$30.77.

How much money does SmartCentres Real Estate Investment Trst make?

SmartCentres Real Estate Investment Trst has a market capitalization of C$5.24 billion and generates C$883.28 million in revenue each year.

How many employees does SmartCentres Real Estate Investment Trst have?

SmartCentres Real Estate Investment Trst employs 337 workers across the globe.

What is SmartCentres Real Estate Investment Trst's official website?

The official website for SmartCentres Real Estate Investment Trst is www.smartcentres.com.

Where are SmartCentres Real Estate Investment Trst's headquarters?

SmartCentres Real Estate Investment Trst is headquartered at 700 Applewood Cres Suite 200, CONCORD, ON L4K 5X3, Canada.

How can I contact SmartCentres Real Estate Investment Trst?

SmartCentres Real Estate Investment Trst's mailing address is 700 Applewood Cres Suite 200, CONCORD, ON L4K 5X3, Canada. The company can be reached via phone at +1-905-3266400.

This page was last updated on 9/19/2021 by MarketBeat.com Staff

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