TSE:SRU.UN

SmartCentres Real Estate Investment Trst - SRU.UN Stock Forecast, Price & News

C$25.60

+0.42 (+1.67%)

(As of 09/28/2022 05:21 PM ET)

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Today's Range: C$24.94
▼
C$25.73
50-Day Range: C$25.18
▼
C$30.22
52-Week Range: C$24.94
▼
C$33.48

Volume: 265,161 shs
Average Volume: 320,660 shs
Market Capitalization: C$4.36 billion

P/E Ratio: 3.99
Dividend Yield: 7.35%
Price Target: C$32.96

About SmartCentres Real Estate Investment Trst (TSE:SRU.UN) Stock

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.

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SRU.UN Stock News Headlines

September 20, 2022 | americanbankingnews.com

SmartCentres Real Estate Investment Trst (TSE:SRU.UN) Stock Passes Below 50-Day Moving Average of $28.62

July 22, 2022 | ca.finance.yahoo.com

SmartCentres Declares Distribution for July 2022

September 28, 2022 | Tradewins (Ad)

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June 23, 2022 | nz.finance.yahoo.com

SmartCentres Declares Distribution for June 2022

May 24, 2022 | finance.yahoo.com

SmartCentres Declares Distribution for May 2022

May 24, 2022 | fool.ca

1 Top REIT to Buy Amid Housing Price Cooldown

May 6, 2022 | ca.investing.com

2 REITs for Passive Income

April 27, 2022 | ca.investing.com

How to Make Money From Real Estate Investing

September 28, 2022 | Tradewins (Ad)

The Safest Option in Trades!

April 27, 2022 | ca.investing.com

How to Make Money From Real Estate Investing

January 24, 2022 | finance.yahoo.com

SmartCentres Declares Distribution for January 2022

December 19, 2021 | msn.com

Top 3 Undervalued Passive-Income Stocks for 2022

December 7, 2021 | msn.com

How to Double Your Passive Income in 2022

November 30, 2021 | finance.yahoo.com

SmartCentres Doubles Ownership in SmartVMC City Centre, Becomes Largest Landowner in the Vaughan Metropolitan Centre. SmartLiving Set to Grow.

November 22, 2021 | msn.com

Passive Income: Earn Money in Your Sleep With This Dividend King

October 22, 2021 | baystreet.ca

Emerita at 52-Week High on News

September 23, 2021 | finance.yahoo.com

SmartCentres unveils plans for ArtWalk, the new mixed-use art district in the Vaughan Metropolitan Centre

August 13, 2021 | theglobeandmail.com

Income splitting delivers tax savings in more ways than one

August 7, 2021 | msn.com

3 Cash Cows Paying More Than 6% Dividends

April 19, 2021 | ca.finance.yahoo.com

SmartCentres 2021 First Quarter Results and Conference Call

February 2, 2021 | fool.ca

TFSA Investors: This Cheap Stock Could Soar in Value

December 4, 2020 | markets.businessinsider.com

Strategic Storage Trust IV Opens Second Newly Constructed Facility in Greater Toronto Area

December 1, 2020 | seekingalpha.com

SmartCentres: Dividend Growth Should Return In 2022, Resulting In A Likely 34% Upside And Single-Digit Downside

October 26, 2020 | msn.com

Housing Market Crash Fears: Why the Worst of 2020 Could Still Come

October 15, 2020 | msn.com

Passive Income: A Canadian REIT With a Swollen (But Safe) 9% Yield

October 9, 2020 | msn.com

Beyond CERB: How Canadians Can Leverage Their TFSAs to Produce Monthly Income

September 29, 2020 | bloomberg.com

REIT Executives See Rising Tenant Collection Rates in Canada

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30 days | 90 days | 365 days | Advanced Chart

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: REIT - Retail
Sub-Industry: N/A
Sector: Real Estate
Current Symbol: TSE:SRU.UN
Previous Symbol: TSE:CWT.UN
CUSIP: N/A
CIK: N/A
Web: www.smartcentres.com
Phone: +1-905-3266400
Fax: N/A
Employees: 337
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$32.96
High Stock Price Forecast: C$35.00
Low Stock Price Forecast: C$30.00
Forecasted Upside/Downside: +28.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 3.99
Forward P/E Ratio: 11.91
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 82.68
Current Ratio: 0.26
Quick Ratio: 0.12

Sales & Book Value

Annual Sales: C$978.53 million
Price / Sales: 4.45
Cash Flow: C$0.24 per share
Price / Cash Flow: 104.92
Book Value: C$35.79 per share
Price / Book: 0.72

Miscellaneous

Outstanding Shares: 170,225,000
Free Float: N/A
Market Cap: C$4.36 billion
Optionable: Not Optionable
Beta: N/A

Key Executives

Mr. Mitchell Goldhar (Age 57)
Exec. Chair of Board of Trustees

Mr. Peter Forde CPA (Age 64)
CA, Pres & CEO

Mr. Peter E. Sweeney (Age 55)
Chief Financial Officer

Mr. Rudy Gobin (Age 57)
Exec. VP of Portfolio Management & Investments

Mr. Mauro Pambianchi (Age 67)
Chief Devel. Officer

Key Competitors

View All Competitors

SRU.UN Stock - Frequently Asked Questions

Should I buy or sell SmartCentres Real Estate Investment Trst stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SmartCentres Real Estate Investment Trst in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SRU.UN shares.
View SRU.UN analyst ratings or view top-rated stocks.
What is SmartCentres Real Estate Investment Trst's stock price forecast for 2022?: 4 brokerages have issued twelve-month price objectives for SmartCentres Real Estate Investment Trst's stock. Their SRU.UN share price forecasts range from C$30.00 to C$35.00. On average, they anticipate the company's stock price to reach C$32.96 in the next twelve months. This suggests a possible upside of 30.9% from the stock's current price.
View analysts price targets for SRU.UN or view top-rated stocks among Wall Street analysts.
How have SRU.UN shares performed in 2022?: SmartCentres Real Estate Investment Trst's stock was trading at C$32.19 at the start of the year. Since then, SRU.UN shares have decreased by 21.7% and is now trading at C$25.19.
View the best growth stocks for 2022 here.
Is SmartCentres Real Estate Investment Trst a good dividend stock?: SmartCentres Real Estate Investment Trst (TSE:SRU.UN) pays an annual dividend of C$1.85 per share and currently has a dividend yield of 7.35%. SRU.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 28.86%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for SRU.UN.

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 stock 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$25.19.
How much money does SmartCentres Real Estate Investment Trst make?: SmartCentres Real Estate Investment Trst (TSE:SRU.UN) has a market capitalization of C$4.29 billion and generates C$978.53 million in revenue each year.
How many employees does SmartCentres Real Estate Investment Trst have?: The company employs 337 workers across the globe.
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 official website for the company is www.smartcentres.com. The company can be reached via phone at +1-905-3266400.

This page (TSE:SRU.UN) was last updated on 9/28/2022 by MarketBeat.com Staff

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