S&P 500   4,145.78 (+0.01%)
DOW   32,851.95 (+0.15%)
QQQ   320.63 (-0.35%)
AAPL   164.70 (-0.39%)
MSFT   280.74 (-0.77%)
META   171.46 (+2.60%)
GOOGL   117.51 (+0.03%)
AMZN   139.35 (-1.03%)
TSLA   890.05 (+2.95%)
NVDA   174.56 (-8.07%)
NIO   20.24 (+0.10%)
BABA   90.81 (-1.89%)
AMD   99.16 (-3.08%)
MU   61.14 (-2.11%)
T   18.11 (-1.31%)
CGC   3.10 (+14.81%)
GE   75.15 (+1.06%)
F   15.71 (+2.68%)
DIS   109.40 (+2.60%)
AMC   25.17 (+13.48%)
PYPL   96.48 (+1.22%)
PFE   49.08 (-0.39%)
NFLX   235.17 (+3.70%)
S&P 500   4,145.78 (+0.01%)
DOW   32,851.95 (+0.15%)
QQQ   320.63 (-0.35%)
AAPL   164.70 (-0.39%)
MSFT   280.74 (-0.77%)
META   171.46 (+2.60%)
GOOGL   117.51 (+0.03%)
AMZN   139.35 (-1.03%)
TSLA   890.05 (+2.95%)
NVDA   174.56 (-8.07%)
NIO   20.24 (+0.10%)
BABA   90.81 (-1.89%)
AMD   99.16 (-3.08%)
MU   61.14 (-2.11%)
T   18.11 (-1.31%)
CGC   3.10 (+14.81%)
GE   75.15 (+1.06%)
F   15.71 (+2.68%)
DIS   109.40 (+2.60%)
AMC   25.17 (+13.48%)
PYPL   96.48 (+1.22%)
PFE   49.08 (-0.39%)
NFLX   235.17 (+3.70%)
S&P 500   4,145.78 (+0.01%)
DOW   32,851.95 (+0.15%)
QQQ   320.63 (-0.35%)
AAPL   164.70 (-0.39%)
MSFT   280.74 (-0.77%)
META   171.46 (+2.60%)
GOOGL   117.51 (+0.03%)
AMZN   139.35 (-1.03%)
TSLA   890.05 (+2.95%)
NVDA   174.56 (-8.07%)
NIO   20.24 (+0.10%)
BABA   90.81 (-1.89%)
AMD   99.16 (-3.08%)
MU   61.14 (-2.11%)
T   18.11 (-1.31%)
CGC   3.10 (+14.81%)
GE   75.15 (+1.06%)
F   15.71 (+2.68%)
DIS   109.40 (+2.60%)
AMC   25.17 (+13.48%)
PYPL   96.48 (+1.22%)
PFE   49.08 (-0.39%)
NFLX   235.17 (+3.70%)
S&P 500   4,145.78 (+0.01%)
DOW   32,851.95 (+0.15%)
QQQ   320.63 (-0.35%)
AAPL   164.70 (-0.39%)
MSFT   280.74 (-0.77%)
META   171.46 (+2.60%)
GOOGL   117.51 (+0.03%)
AMZN   139.35 (-1.03%)
TSLA   890.05 (+2.95%)
NVDA   174.56 (-8.07%)
NIO   20.24 (+0.10%)
BABA   90.81 (-1.89%)
AMD   99.16 (-3.08%)
MU   61.14 (-2.11%)
T   18.11 (-1.31%)
CGC   3.10 (+14.81%)
GE   75.15 (+1.06%)
F   15.71 (+2.68%)
DIS   109.40 (+2.60%)
AMC   25.17 (+13.48%)
PYPL   96.48 (+1.22%)
PFE   49.08 (-0.39%)
NFLX   235.17 (+3.70%)
TSE:TNT.UN

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

C$6.58
+0.03 (+0.46%)
(As of 08/8/2022 12:42 PM ET)
Add
Compare
Today's Range
C$6.55
C$6.62
50-Day Range
C$5.93
C$6.77
52-Week Range
C$5.91
C$7.60
Volume
109,065 shs
Average Volume
225,628 shs
Market Capitalization
C$587.31 million
P/E Ratio
10.44
Dividend Yield
9.07%
Price Target
C$7.07

True North Commercial REIT MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
7.6% Upside
C$7.07 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.19mentions of True North Commercial REIT in the last 14 days
Based on 5 Articles This Week
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.

1.36 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.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Canaccord Genuity Group lowered their target price on shares of True North Commercial REIT from C$7.00 to C$6.75 in a research note on Monday, May 9th. CIBC dropped their price objective on shares of True North Commercial REIT from C$7.00 to C$6.75 in a research report on Monday, June 27th. Royal Bank of Canada set a C$7.75 price objective on shares of True North Commercial REIT and gave the stock a "market perform" rating in a research report on Friday, May 6th. Raymond James dropped their target price on shares of True North Commercial REIT from C$7.00 to C$6.75 and set a "market perform" rating on the stock in a research report on Friday. Finally, National Bankshares reduced their price target on shares of True North Commercial REIT from C$7.00 to C$6.00 and set a "sector perform" rating for the company in a research report on Wednesday, July 20th.

True North Commercial REIT Stock Performance

TSE:TNT.UN traded down C$0.12 during trading hours on Friday, reaching C$6.55. 388,839 shares of the company's stock were exchanged, compared to its average volume of 226,435. True North Commercial REIT has a 1-year low of C$5.91 and a 1-year high of C$7.60. The company has a quick ratio of 0.07, a current ratio of 0.09 and a debt-to-equity ratio of 155.04. The firm has a market capitalization of C$584.63 million and a price-to-earnings ratio of 10.40. The company has a 50-day moving average of C$6.44 and a 200 day moving average of C$6.81.

True North Commercial REIT Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, August 15th. Investors of record on Monday, August 15th will be given a $0.0495 dividend. This represents a $0.59 annualized dividend and a yield of 9.07%. The ex-dividend date of this dividend is Thursday, July 28th. True North Commercial REIT's dividend payout ratio (DPR) is presently 94.29%.

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.

TNT.UN Stock News Headlines

True North Commercial REIT stock eased on Thursday.
True North Commercial REIT stock dipped on Tuesday.
True North Commercial REIT stock advanced on Friday.
True North Commercial REIT stock advanced on Thursday.
True North Commercial REIT stock gained on Thursday.
True North Commercial REIT stock $verbed on Wednesday.
True North Commercial REIT stock gained on Monday.
True North Commercial REIT stock advanced on Tuesday.
True North Commercial REIT stock boosted on Friday.
True North Commercial REIT Announces ATM Program
3 Dividend Beasts With Dependable Payments
See More Headlines
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.

TNT.UN Company Calendar

Ex-Dividend for 6/15 Dividend
5/30/2022
Dividend Payable
6/15/2022
Ex-Dividend for 8/15 Dividend
7/28/2022
Today
8/08/2022
Dividend Payable
8/15/2022

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$7.07
High Stock Price Forecast
C$7.75
Low Stock Price Forecast
C$6.00
Forecasted Upside/Downside
+7.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$139.91 million
Cash Flow
C$0.07 per share
Book Value
C$6.11 per share

Miscellaneous

Free Float
N/A
Market Cap
C$587.31 million
Optionable
Not Optionable
Beta
N/A














TNT.UN Stock - Frequently Asked Questions

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

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for True North Commercial REIT in the last twelve months. There are currently 4 hold ratings for the stock. The consensus among Wall Street equities 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 2022?

4 Wall Street analysts have issued 1-year price objectives for True North Commercial REIT's stock. Their TNT.UN stock forecasts range from C$6.00 to C$7.75. On average, they expect the company's share price to reach C$7.07 in the next twelve months. This suggests a possible upside of 7.6% from the stock's current price.
View analysts price targets for TNT.UN
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 the year. Since then, TNT.UN shares have decreased by 11.3% and is now trading at C$6.57.
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 Thursday, July 28th. Investors of record on Monday, August 15th will be paid a dividend of 0.0495 per share on Monday, August 15th. This represents a $0.59 dividend on an annualized basis and a yield of 9.04%. The ex-dividend date is Thursday, July 28th.
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$0.59 per share and currently has a dividend yield of 9.07%. 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 94.29%. 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$6.57.

How much money does True North Commercial REIT make?

True North Commercial REIT (TSE:TNT.UN) has a market capitalization of C$586.42 million and generates C$139.91 million in revenue each year.

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 8/8/2022 by MarketBeat.com Staff

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
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.