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Nexus Industrial REITTSX:NXR.UN Stock Report

Market Cap CA$750.0m
Share Price
CA$7.73
My Fair Value
CA$8.31
7.0% undervalued intrinsic discount
1Y-13.3%
7D-1.4%
Portfolio Value
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Nexus Industrial REIT

TSX:NXR.UN Stock Report

Market Cap: CA$750.0m

Nexus Industrial REIT (NXR.UN) Stock Overview

Nexus is a growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition of industrial properties located in primary and secondary markets in Canada, and the ownership and management of its portfolio of properties. More details

NXR.UN fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance2/6
Financial Health0/6
Dividends5/6

NXR.UN Community Fair Values

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Nexus Industrial REIT Competitors

Price History & Performance

Summary of share price highs, lows and changes for Nexus Industrial REIT
Historical stock prices
Current Share PriceCA$7.73
52 Week HighCA$8.99
52 Week LowCA$5.98
Beta1.61
1 Month Change-2.03%
3 Month Change2.66%
1 Year Change-13.34%
3 Year Change-7.54%
5 Year Change22.31%
Change since IPO-0.90%

Recent News & Updates

Recent updates

User avatar

Asset Sales And Deleveraging Will Strengthen Financial Position

Selling noncore assets to deleverage aims to improve financial positions and focus growth on the industrial sector, enhancing net margins.

Shareholder Returns

NXR.UNCA Industrial REITsCA Market
7D-1.4%-0.2%0.4%
1Y-13.3%-17.0%21.0%

Return vs Industry: NXR.UN exceeded the Canadian Industrial REITs industry which returned -17.5% over the past year.

Return vs Market: NXR.UN underperformed the Canadian Market which returned 20.4% over the past year.

Price Volatility

Is NXR.UN's price volatile compared to industry and market?
NXR.UN volatility
NXR.UN Average Weekly Movement2.2%
Industrial REITs Industry Average Movement3.3%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.6%
10% least volatile stocks in CA Market2.9%

Stable Share Price: NXR.UN has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: NXR.UN's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2012n/aKelly Hanczykwww.nexusreit.com

Nexus is a growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition of industrial properties located in primary and secondary markets in Canada, and the ownership and management of its portfolio of properties. The REIT currently owns a portfolio of 89 properties (including one property held for development in which the REIT has an 80% interest) comprising approximately 11.7 million square feet of gross leasable area. The REIT has approximately 94,234,000 voting units issued and outstanding, including approximately 71,128,000 REIT Units and approximately 23,106,000 Class B LP Units of subsidiary limited partnerships of Nexus, which are convertible to REIT Units on a one-to-one basis.

Nexus Industrial REIT Fundamentals Summary

How do Nexus Industrial REIT's earnings and revenue compare to its market cap?
NXR.UN fundamental statistics
Market capCA$749.95m
Earnings (TTM)CA$29.21m
Revenue (TTM)CA$178.79m
18.9x
P/E Ratio
3.1x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NXR.UN income statement (TTM)
RevenueCA$178.79m
Cost of RevenueCA$48.02m
Gross ProfitCA$130.78m
Other ExpensesCA$101.56m
EarningsCA$29.21m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.41
Gross Margin73.14%
Net Profit Margin16.34%
Debt/Equity Ratio135.7%

How did NXR.UN perform over the long term?

See historical performance and comparison

Dividends

8.3%
Current Dividend Yield
65%
Payout Ratio

Does NXR.UN pay a reliable dividends?

See NXR.UN dividend history and benchmarks
When do you need to buy NXR.UN by to receive an upcoming dividend?
Nexus Industrial REIT dividend dates
Ex Dividend DateSep 29 2025
Dividend Pay DateOct 15 2025
Days until Ex dividend2 days
Days until Dividend pay date18 days

Does NXR.UN pay a reliable dividends?

See NXR.UN dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/09/26 04:18
End of Day Share Price 2025/09/26 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Nexus Industrial REIT is covered by 17 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael MarkidisBMO Capital Markets Equity Research
Mark RothschildCanaccord Genuity
Dean WilkinsonCIBC Capital Markets