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) Add Compare Share Share Today's RangeC$2.56▼C$2.6250-Day RangeC$2.58▼C$3.5452-Week RangeC$2.52▼C$6.82Volume66,170 shsAverage Volume330,543 shsMarket CapitalizationC$237.62 millionP/E Ratio28.67Dividend Yield11.63%Price TargetC$4.13 ProfileProfileAnalyst RatingsChartCompetitorsDividendHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsDividendHeadlinesSocial Media True North Commercial REIT MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside59.9% UpsideC$4.13 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details 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 3.0 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$4.13, True North Commercial REIT has a forecasted upside of 59.9% from its current price of C$2.58.Amount of Analyst CoverageTrue North Commercial REIT has only been the subject of 3 research reports in the past 90 days. Previous Next N/A 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 11.38%, 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 333.33%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TNT.UN. Previous Next 2.7 News and Social Media Coverage News SentimentTrue North Commercial REIT has a news sentiment score of 0.84. 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 higher news sentiment than the 0.57 average news sentiment score of Real Estate companies.News Coverage This WeekMarketBeat has tracked 1 news article for True North Commercial REIT this week, compared to 1 article on an average week.Search Interest5 people have searched for TNT.UN on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added True North Commercial REIT to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% 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.Percentage Held by InsidersOnly 8.41% of the stock of True North Commercial REIT is held by insiders.Percentage Held by InstitutionsOnly 1.38% of the stock of True North Commercial REIT is held by institutions. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of True North Commercial REIT is 28.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.56.Price to Earnings Ratio vs. SectorThe P/E ratio of True North Commercial REIT is 28.67, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 153.02.Price to Book Value per Share RatioTrue North Commercial REIT has a P/B Ratio of 0.46. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About True North Commercial REIT (TSE:TNT.UN) StockThe 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 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 TNT.UN Stock News HeadlinesMay 26, 2023 | theglobeandmail.comClosing Bell: True North Commercial REIT up on Friday (TNT-UN)May 22, 2023 | theglobeandmail.comClosing Bell: True North Commercial REIT flat on Friday (TNT-UN)June 1, 2023 | Vantage Point (Ad)Stop Trading Like A TurtlePerforming at your best requires quick reaction and adaptability. While slow and steady progress works for some, having a tool that enables informed trading decisions is essential amid volatility. It's 2023. Why trade like a turtle when you could track down new opportunities like a cheetah? May 15, 2023 | theglobeandmail.comClosing Bell: True North Commercial REIT flat on Monday (TNT-UN)May 10, 2023 | markets.businessinsider.comTrue NthCommercial (TNT.UN) Receives a Hold from Canaccord GenuityApril 21, 2023 | msn.comHow I’d Invest $1,000 in April to Make Easy Passive IncomeApril 21, 2023 | americanbankingnews.comTrue North Commercial REIT (TSE:TNT.UN) PT Lowered to C$3.50 at National BanksharesApril 17, 2023 | uk.news.yahoo.comTrue North Commercial REIT Announces April 2023 DistributionJune 1, 2023 | Vantage Point (Ad)Instantly Find Hidden Trade OpportunitiesThere’s a tool that scans and picks the best stocks…how you approach the trades is up to you. But when you’re forecasting 1 – 3 days in advance, it’s not really a guessing game. 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April 15, 2023 | americanbankingnews.comTrue North Commercial REIT (TSE:TNT.UN) PT Lowered to C$4.00April 14, 2023 | theglobeandmail.comClosing Bell: True North Commercial REIT down on Friday (TNT-UN)April 13, 2023 | theglobeandmail.comClosing Bell: True North Commercial REIT flat on Thursday (TNT-UN)April 12, 2023 | theglobeandmail.comClosing Bell: True North Commercial REIT up on Wednesday (TNT-UN)April 12, 2023 | theglobeandmail.comClosing Bell: True North Commercial REIT down on Tuesday (TNT-UN)April 7, 2023 | theglobeandmail.comClosing Bell: True North Commercial REIT up on Thursday (TNT-UN)April 6, 2023 | theglobeandmail.comClosing Bell: True North Commercial REIT down on Wednesday (TNT-UN)April 5, 2023 | theglobeandmail.comTwo Canadian office REITs slash payouts in the span of three weeks, spreading gloom throughout the sectorApril 1, 2023 | msn.comPassive Income: How to Make $600 Per Month Tax FreeMarch 31, 2023 | theglobeandmail.comVacancies are up and office REITs are down. The case for bold investorsMarch 17, 2023 | seekingalpha.comTrue North: The First Cut Is The DeepestMarch 13, 2023 | finance.yahoo.comHere's Why True North Commercial Real Estate Investment Trust (TSE:TNT.UN) Has Caught The Eye Of InvestorsFebruary 24, 2023 | yahoo.comTrue North Commercial REIT Reschedules Release of Q4-2022 ResultsFebruary 7, 2023 | finance.yahoo.comTrue North Commercial Real Estate Investment Trust's (TSE:TNT.UN) investors will be pleased with their 3.4% return over the last three yearsJanuary 16, 2023 | msn.comTrue North Commercial Real Estate Investment Trust declares CAD 0.0495 dividendJanuary 4, 2023 | msn.comCould This 10% Yielding REIT Double Your Money?November 15, 2022 | ca.finance.yahoo.comTrue North Commercial REIT Announces November 2022 DistributionNovember 14, 2022 | seekingalpha.comTrue North Commercial REIT: It's All Downhill From HereSee More Headlines 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 TNT.UN Company Calendar Ex-Dividend for 4/17 Dividend3/30/2023Dividend Payable4/17/2023Ex-Dividend for 5/15 Dividend4/27/2023Dividend Payable5/15/2023Today5/31/2023Get Stock AlertsIndustry, 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/APrice Target and Rating Average Stock Price ForecastC$4.13 High Stock Price ForecastC$5.00 Low Stock Price ForecastC$3.50 Forecasted Upside/Downside+59.9%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.09 Trailing P/E Ratio28.67 Forward P/E RatioN/A P/E GrowthN/ANet IncomeC$8.62 million Net Margins6.11% Pretax MarginN/A Return on Equity1.62% Return on Assets3.36% Debt Debt-to-Equity Ratio167.35 Current Ratio0.41 Quick Ratio0.06 Sales & Book Value Annual SalesC$141.11 million Price / Sales1.68 Cash FlowC$0.04 per share Price / Cash Flow67.86 Book ValueC$5.64 per share Price / Book0.46Miscellaneous Outstanding Shares92,100,000Free FloatN/AMarket CapC$237.62 million OptionableNot Optionable Beta1.33 Key ExecutivesMr. Daniel Drimmer (Age 46)Pres, CEO & Chairman Ms. Tracy C. Sherren CPA (Age 53)CA, CFO, Company Sec. & Trustee Key CompetitorsBTB Real Estate Investment TrustTSE:BTB.UNPRO Real Estate Investment TrustCVE:PRV.UNFronsac Real Estate Investment TrustCVE:FRO.UNDream Hard Asset Alternatives TrustTSE:DRA.UNMorguard Real Estate Inv.TSE:MRT.UNView 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. Get 30 Days of MarketBeat All Access Free 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. 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