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RioCan Real Estate Investment Trust TSX:REI.UN Stock Report

Last Price

CA$17.54

Market Cap

CA$5.3b

7D

-1.0%

1Y

-15.9%

Updated

25 Apr, 2024

Data

Company Financials +

RioCan Real Estate Investment Trust

TSX:REI.UN Stock Report

Market Cap: CA$5.3b

RioCan Real Estate Investment Trust Competitors

Price History & Performance

Summary of all time highs, changes and price drops for RioCan Real Estate Investment Trust
Historical stock prices
Current Share PriceCA$17.54
52 Week HighCA$21.15
52 Week LowCA$16.32
Beta1.27
1 Month Change-3.63%
3 Month Change-4.83%
1 Year Change-15.92%
3 Year Change-16.20%
5 Year Change-31.83%
Change since IPO150.57%

Recent News & Updates

Recent updates

Shareholder Returns

REI.UNCA Retail REITsCA Market
7D-1.0%0.9%0.7%
1Y-15.9%-13.0%4.9%

Return vs Industry: REI.UN underperformed the Canadian Retail REITs industry which returned -13% over the past year.

Return vs Market: REI.UN underperformed the Canadian Market which returned 4.9% over the past year.

Price Volatility

Is REI.UN's price volatile compared to industry and market?
REI.UN volatility
REI.UN Average Weekly Movement2.9%
Retail REITs Industry Average Movement2.7%
Market Average Movement9.0%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.0%

Stable Share Price: REI.UN has not had significant price volatility in the past 3 months.

Volatility Over Time: REI.UN's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1993568Jonathan Gitlinwww.riocan.com

RioCan is one of Canada’s largest real estate investment trusts. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at December 31, 2023, our portfolio is comprised of 188 properties with an aggregate net leasable area of approximately 32.6 million square feet (at RioCan's interest) including office, residential rental and 9 development properties.

RioCan Real Estate Investment Trust Fundamentals Summary

How do RioCan Real Estate Investment Trust's earnings and revenue compare to its market cap?
REI.UN fundamental statistics
Market capCA$5.27b
Earnings (TTM)CA$38.80m
Revenue (TTM)CA$1.18b

135.8x

P/E Ratio

4.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
REI.UN income statement (TTM)
RevenueCA$1.18b
Cost of RevenueCA$424.41m
Gross ProfitCA$751.48m
Other ExpensesCA$712.68m
EarningsCA$38.80m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 07, 2024

Earnings per share (EPS)0.13
Gross Margin63.91%
Net Profit Margin3.30%
Debt/Equity Ratio92.2%

How did REI.UN perform over the long term?

See historical performance and comparison

Dividends

6.3%

Current Dividend Yield

60%

Payout Ratio

Does REI.UN pay a reliable dividends?

See REI.UN dividend history and benchmarks
When do you need to buy REI.UN by to receive an upcoming dividend?
RioCan Real Estate Investment Trust dividend dates
Ex Dividend DateApr 29 2024
Dividend Pay DateMay 07 2024
Days until Ex dividend2 days
Days until Dividend pay date10 days

Does REI.UN pay a reliable dividends?

See REI.UN dividend history and benchmarks
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