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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

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


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

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True North Commercial REIT (TSE:TNT.UN) PT Lowered to C$4.00
True North: The First Cut Is The Deepest
True North Commercial REIT Announces November 2022 Distribution
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

Industry, Sector and Symbol

Industry
REIT - Diversified
Sub-Industry
N/A
Current Symbol
TSE:TNT.UN
CIK
N/A
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

Net Income
C$8.62 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$141.11 million
Cash Flow
C$0.04 per share
Book Value
C$5.64 per share

Miscellaneous

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













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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