TSE:TNT.UN True North Commercial REIT Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding True North Commercial REIT Please log in to your account or sign up in order to add this asset to your watchlist. C$6.28 +0.04 (+0.64%) (As of 06/30/2022 12:00 AM ET) Add Compare Share Today's RangeC$6.16▼C$6.3450-Day RangeC$5.93▼C$6.9952-Week RangeC$5.91▼C$7.67Volume216,400 shsAverage Volume243,127 shsMarket CapitalizationC$560.53 millionP/E Ratio9.97Dividend Yield9.52%Price TargetC$7.25 ProfileAnalyst RatingsChartCompetitorsDividendHeadlinesSocial Media True North Commercial REIT Stock Forecast (MarketRank)Analyst RatingHold2.00 Rating ScoreUpside/Downside15.4% UpsideC$7.25 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.67Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.1.16 out of 5 stars 2.0 Analyst's Opinion Consensus RatingTrue North Commercial REIT has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$7.25, True North Commercial REIT has a forecasted upside of 15.4% from its current price of C$6.28.Amount of Analyst CoverageTrue North Commercial REIT has only been the subject of 3 research reports in the past 90 days. Previous Next 0.0 Short Interest Short InterestThere is no current short interest data available for TNT.UN. Previous Next 1.7 Dividend Strength Dividend LeadershipTrue North Commercial REIT is a leading dividend payer. It pays a dividend yield of 9.52%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTrue North Commercial REIT does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of True North Commercial REIT is 94.29%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TNT.UN. Previous Next 0.7 News and Social Media Coverage News SentimentTrue North Commercial REIT has a news sentiment score of -0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.32 average news sentiment score of Real Estate companies.News Coverage This WeekMarketBeat has tracked 2 news articles for True North Commercial REIT this week, compared to 0 articles on an average week.Search InterestOnly 4 people have searched for TNT.UN on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added True North Commercial REIT to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, True North Commercial REIT insiders have not sold or bought any company stock. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of True North Commercial REIT is 9.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 47.15.Price to Earnings Ratio vs. SectorThe P/E ratio of True North Commercial REIT is 9.97, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 90.01.Price to Book Value per Share RatioTrue North Commercial REIT 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. Previous Next See Top Rated MarketRank™ Stocks Here View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive TNT.UN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for True North Commercial REIT and its competitors with MarketBeat's FREE daily newsletter. Email Address About True North Commercial REIT (TSE:TNT.UN)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.Read More TNT.UN Stock News HeadlinesJune 30, 2022 | americanbankingnews.comTrue North Commercial REIT (TSE:TNT.UN) Price Target Lowered to C$6.75 at CIBCJune 22, 2022 | theglobeandmail.comTrue North Commercial REIT stock gained on Monday.June 22, 2022 | theglobeandmail.comTrue North Commercial REIT stock advanced on Tuesday.June 22, 2022 | msn.com1 REIT Yielding 9.5% That Pays Stable Cash Every MonthJune 18, 2022 | theglobeandmail.comTrue North Commercial REIT stock boosted on Friday.May 30, 2022 | fool.ca2 REITs That Could Give You $350 of Monthly IncomeMay 19, 2022 | msn.com2 REITs to Buy for Monthly Passive Income of $1,000May 15, 2022 | msn.com2 Commercial REITs for Prudent InvestorsApril 21, 2022 | finance.yahoo.comTrue North Commercial REIT Announces ATM ProgramApril 19, 2022 | ca.finance.yahoo.comTrue North Commercial REIT Announces April 2022 DistributionApril 8, 2022 | msn.com3 of the Best High-Yield REITs to Buy NowApril 4, 2022 | msn.comIncome Investors: 3 Super REITs That Yield up to 8.3%!February 27, 2022 | msn.comWant Passive Income? Buy These 3 Big-Dividend StocksSee More Headlines Industry, Sector and Symbol Stock ExchangeTSE Industry REIT - Diversified Sub-IndustryN/A SectorReal Estate Current SymbolTSE:TNT.UN CUSIPN/A CIKN/A Webwww.truenorthreit.com Phone(416) 234-8444FaxN/AEmployeesN/AYear FoundedN/ACompany Calendar Ex-Dividend for 6/15 Dividend5/30/2022Dividend Payable6/15/2022Today7/02/2022Price Target and Rating Average Stock Price ForecastC$7.25 High Stock Price ForecastC$7.75 Low Stock Price ForecastC$6.75 Forecasted Upside/Downside+15.4%Consensus RatingHold Rating Score (0-4)2 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio9.97 Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity Ratio155.04 Current Ratio0.09 Quick Ratio0.07 Sales & Book Value Annual SalesC$139.91 million Price / Sales4.01 Cash FlowC$0.07 per share Price / Cash Flow84.93 Book ValueC$6.11 per share Price / Book1.03Miscellaneous Outstanding Shares89,257,000Free FloatN/AMarket CapC$560.53 million OptionableNot Optionable BetaN/A True North Commercial REIT Frequently Asked Questions Should I buy or sell True North Commercial REIT stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for True North Commercial REIT in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" True North Commercial REIT stock. 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 analyst ratings for True North Commercial REIT or view top-rated stocks. What is True North Commercial REIT's stock price forecast for 2022? 3 Wall Street research analysts have issued 1 year target prices for True North Commercial REIT's stock. Their TNT.UN stock forecasts range from C$6.75 to C$7.75. On average, they anticipate True North Commercial REIT's stock price to reach C$7.25 in the next year. This suggests a possible upside of 15.4% from the stock's current price. View analysts' price targets for True North Commercial REIT or view top-rated stocks among Wall Street analysts. How has True North Commercial REIT's stock price performed in 2022? True North Commercial REIT's stock was trading at C$7.41 at the beginning of 2022. Since then, TNT.UN stock has decreased by 15.2% and is now trading at C$6.28. View the best growth stocks for 2022 here. How often does True North Commercial REIT pay dividends? What is the dividend yield for True North Commercial REIT? True North Commercial REIT announced a monthly dividend on Monday, May 30th. Investors of record on Wednesday, June 15th will be paid a dividend of 0.0495 per share on Wednesday, June 15th. This represents a $0.59 annualized dividend and a dividend yield of 9.46%. The ex-dividend date of this dividend is Monday, May 30th. View True North Commercial REIT's dividend history. Is True North Commercial REIT a good dividend stock? True North Commercial REIT(TSE:TNT.UN) pays an annual dividend of C$0.59 per share and currently has a dividend yield of 9.52%. TNT.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of True North Commercial REIT is 94.29%. Payout ratios above 75% are not desirable because they may not be sustainable. View True North Commercial REIT's dividend history. Who are True North Commercial REIT's key executives? True North Commercial REIT's management team includes the following people: Mr. Daniel Drimmer, Pres, CEO & Chairman (Age 46)Ms. Tracy C. Sherren CPA, CA, CFO, Company Sec. & Trustee (Age 53) Who are some of True North Commercial REIT's key competitors? Some companies that are related to True North Commercial REIT include Cominar REIT (CUF.UN), Great Portland Estates (GPOR), Secure Income REIT (SIR), Artis Real Estate Investment Trust Unit (AX.UN), LXI REIT (LXI), GCP Student Living (DIGS), Hibernia REIT (HBRN), BMO Commercial Property Trust (BCPT), Hamborner REIT (HAB), PRS REIT (PRSR), Automotive Properties Real Est Invt TR (APR.UN), Rdi Reit (RDI), Custodian REIT (CREI), A & J Mucklow Group P L C (MKLW) and Dream Hard Asset Alternatives Trust (DRA.UN). View all of TNT.UN's competitors. 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 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$6.28. How much money does True North Commercial REIT make? True North Commercial REIT (TSE:TNT.UN) has a market capitalization of C$560.53 million and generates C$139.91 million in revenue each year. How can I contact True North Commercial REIT? The official website for True North Commercial REIT is www.truenorthreit.com. The company can be reached via phone at (416) 234-8444. This page (TSE:TNT.UN) was last updated on 7/2/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. MarketBeat Resources Premium Research Tools MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools. Discover All Access Market Data and Calendars Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free. View Market Data Investing Education and Resources Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more. Financial Terms Details Here
