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S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
“You need at least $100 of this asset – and it’s NOT gold” – Dr. Nomi Prin (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
“You need at least $100 of this asset – and it’s NOT gold” – Dr. Nomi Prin (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Stop Trading Like A Turtle (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
“You need at least $100 of this asset – and it’s NOT gold” – Dr. Nomi Prin (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
“You need at least $100 of this asset – and it’s NOT gold” – Dr. Nomi Prin (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Stop Trading Like A Turtle (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
“You need at least $100 of this asset – and it’s NOT gold” – Dr. Nomi Prin (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
“You need at least $100 of this asset – and it’s NOT gold” – Dr. Nomi Prin (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Stop Trading Like A Turtle (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
TSE:TNT.UN

True North Commercial REIT (TNT.UN) Stock Forecast, Price & News

C$2.58
-0.02 (-0.77%)
(As of 05/31/2023 ET)
Compare
Today's Range
C$2.56
▼
C$2.62
50-Day Range
C$2.58
▼
C$3.54
52-Week Range
C$2.52
▼
C$6.82
Volume
66,170 shs
Average Volume
330,543 shs
Market Capitalization
C$237.62 million
P/E Ratio
28.67
Dividend Yield
11.63%
Price Target
C$4.13
ProfileAnalyst RatingsChartCompetitorsDividendHeadlinesSocial Media

True North Commercial REIT MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
59.9% Upside
C$4.13 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.14 out of 5 stars

See Top Rated MarketRank™ Stocks Here

TNT.UN stock logo

About True North Commercial REIT (TSE:TNT.UN) Stock

The REIT is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. The REIT currently owns and operates a portfolio of 46 commercial properties consisting of approximately 3.7 million square feet in urban and select strategic secondary markets across Canada focusing on long term leases with government and credit-rated tenants. The REIT is focused on growing its portfolio principally through acquisitions across Canada and such other jurisdictions where opportunities exist.

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TNT.UN Stock News Headlines

May 26, 2023 | theglobeandmail.com
Closing Bell: True North Commercial REIT up on Friday (TNT-UN)
May 22, 2023 | theglobeandmail.com
Closing Bell: True North Commercial REIT flat on Friday (TNT-UN)
June 1, 2023 | Vantage Point (Ad)
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May 15, 2023 | theglobeandmail.com
Closing Bell: True North Commercial REIT flat on Monday (TNT-UN)
May 10, 2023 | markets.businessinsider.com
True NthCommercial (TNT.UN) Receives a Hold from Canaccord Genuity
April 21, 2023 | msn.com
How I’d Invest $1,000 in April to Make Easy Passive Income
April 21, 2023 | americanbankingnews.com
True North Commercial REIT (TSE:TNT.UN) PT Lowered to C$3.50 at National Bankshares
April 17, 2023 | uk.news.yahoo.com
True North Commercial REIT Announces April 2023 Distribution
June 1, 2023 | Vantage Point (Ad)
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April 15, 2023 | americanbankingnews.com
True North Commercial REIT (TSE:TNT.UN) PT Lowered to C$4.00
April 14, 2023 | theglobeandmail.com
Closing Bell: True North Commercial REIT down on Friday (TNT-UN)
April 13, 2023 | theglobeandmail.com
Closing Bell: True North Commercial REIT flat on Thursday (TNT-UN)
April 12, 2023 | theglobeandmail.com
Closing Bell: True North Commercial REIT up on Wednesday (TNT-UN)
April 12, 2023 | theglobeandmail.com
Closing Bell: True North Commercial REIT down on Tuesday (TNT-UN)
April 7, 2023 | theglobeandmail.com
Closing Bell: True North Commercial REIT up on Thursday (TNT-UN)
April 6, 2023 | theglobeandmail.com
Closing Bell: True North Commercial REIT down on Wednesday (TNT-UN)
April 5, 2023 | theglobeandmail.com
Two Canadian office REITs slash payouts in the span of three weeks, spreading gloom throughout the sector
April 1, 2023 | msn.com
Passive Income: How to Make $600 Per Month Tax Free
March 31, 2023 | theglobeandmail.com
Vacancies are up and office REITs are down. The case for bold investors
March 17, 2023 | seekingalpha.com
True North: The First Cut Is The Deepest
March 13, 2023 | finance.yahoo.com
Here's Why True North Commercial Real Estate Investment Trust (TSE:TNT.UN) Has Caught The Eye Of Investors
February 24, 2023 | yahoo.com
True North Commercial REIT Reschedules Release of Q4-2022 Results
February 7, 2023 | finance.yahoo.com
True North Commercial Real Estate Investment Trust's (TSE:TNT.UN) investors will be pleased with their 3.4% return over the last three years
January 16, 2023 | msn.com
True North Commercial Real Estate Investment Trust declares CAD 0.0495 dividend
January 4, 2023 | msn.com
Could This 10% Yielding REIT Double Your Money?
November 15, 2022 | ca.finance.yahoo.com
True North Commercial REIT Announces November 2022 Distribution
November 14, 2022 | seekingalpha.com
True North Commercial REIT: It's All Downhill From Here
See More Headlines
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TNT.UN Company Calendar

Ex-Dividend for 4/17 Dividend
3/30/2023
Dividend Payable
4/17/2023
Ex-Dividend for 5/15 Dividend
4/27/2023
Dividend Payable
5/15/2023
Today
5/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
REIT - Diversified
Sub-Industry
N/A
Sector
Real Estate
Current Symbol
TSE:TNT.UN
CUSIP
N/A
CIK
N/A
Web
www.truenorthreit.com
Phone
(416) 234-8444
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$4.13
High Stock Price Forecast
C$5.00
Low Stock Price Forecast
C$3.50
Forecasted Upside/Downside
+59.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C$0.09
Trailing P/E Ratio
28.67
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
C$8.62 million
Net Margins
6.11%
Pretax Margin
N/A
Return on Equity
1.62%
Return on Assets
3.36%

Debt

Debt-to-Equity Ratio
167.35
Current Ratio
0.41
Quick Ratio
0.06

Sales & Book Value

Annual Sales
C$141.11 million
Price / Sales
1.68
Cash Flow
C$0.04 per share
Price / Cash Flow
67.86
Book Value
C$5.64 per share
Price / Book
0.46

Miscellaneous

Outstanding Shares
92,100,000
Free Float
N/A
Market Cap
C$237.62 million
Optionable
Not Optionable
Beta
1.33

Key Executives

  • Mr. Daniel Drimmer (Age 46)
    Pres, CEO & Chairman
  • Ms. Tracy C. Sherren CPA (Age 53)
    CA, CFO, Company Sec. & Trustee

Key Competitors

View All Competitors













TNT.UN Stock - Frequently Asked Questions

Should I buy or sell True North Commercial REIT stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for True North Commercial REIT in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" TNT.UN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TNT.UN, but not buy additional shares or sell existing shares.
View TNT.UN analyst ratings or view top-rated stocks.

What is True North Commercial REIT's stock price forecast for 2023?

3 equities research analysts have issued 1 year price objectives for True North Commercial REIT's stock. Their TNT.UN share price forecasts range from C$3.50 to C$5.00. On average, they anticipate the company's share price to reach C$4.13 in the next year. This suggests a possible upside of 59.9% from the stock's current price.
View analysts price targets for TNT.UN or view top-rated stocks among Wall Street analysts.

How have TNT.UN shares performed in 2023?

True North Commercial REIT's stock was trading at C$5.79 at the beginning of the year. Since then, TNT.UN shares have decreased by 55.4% and is now trading at C$2.58.
View the best growth stocks for 2023 here.

How often does True North Commercial REIT pay dividends? What is the dividend yield for True North Commercial REIT?

True North Commercial REIT declared a monthly dividend on Thursday, April 27th. Stockholders of record on Monday, May 15th will be paid a dividend of 0.0248 per share on Monday, May 15th. This represents a $0.30 annualized dividend and a yield of 11.53%. The ex-dividend date of this dividend is Thursday, April 27th.
Read our dividend analysis for TNT.UN.

Is True North Commercial REIT a good dividend stock?

True North Commercial REIT (TSE:TNT.UN) pays an annual dividend of C$0.30 per share and currently has a dividend yield of 11.38%. TNT.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 333.33%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for TNT.UN.

What is True North Commercial REIT's stock symbol?

True North Commercial REIT trades on the Toronto Stock Exchange (TSX) under the ticker symbol "TNT.UN."

How do I buy shares of True North Commercial REIT?

Shares of TNT.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 True North Commercial REIT's stock price today?

One share of TNT.UN stock can currently be purchased for approximately C$2.58.

How much money does True North Commercial REIT make?

True North Commercial REIT (TSE:TNT.UN) has a market capitalization of C$237.62 million and generates C$141.11 million in revenue each year. The company earns C$8.62 million in net income (profit) each year or C$0.09 on an earnings per share basis.

How can I contact True North Commercial REIT?

The official website for the company is www.truenorthreit.com. The company can be reached via phone at (416) 234-8444.

This page (TSE:TNT.UN) was last updated on 6/1/2023 by MarketBeat.com Staff

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