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European Residential Real Estate Investment Trust TSX:ERE.UN Stock Report

Last Price

CA$2.40

Market Cap

CA$562.4m

7D

0%

1Y

-25.9%

Updated

27 Mar, 2024

Data

Company Financials +

European Residential Real Estate Investment Trust

TSX:ERE.UN Stock Report

Market Cap: CA$562.4m

European Residential Real Estate Investment Trust Competitors

Price History & Performance

Summary of all time highs, changes and price drops for European Residential Real Estate Investment Trust
Historical stock prices
Current Share PriceCA$2.40
52 Week HighCA$3.52
52 Week LowCA$2.12
Beta1.21
1 Month Change-0.41%
3 Month Change-6.98%
1 Year Change-25.93%
3 Year Change-44.57%
5 Year Change-46.55%
Change since IPO-45.45%

Recent News & Updates

Recent updates

What Type Of Shareholders Make Up European Residential Real Estate Investment Trust's (TSE:ERE.UN) Share Registry?

Feb 19
What Type Of Shareholders Make Up European Residential Real Estate Investment Trust's (TSE:ERE.UN) Share Registry?

Shareholder Returns

ERE.UNCA Residential REITsCA Market
7D0%-3.0%0.4%
1Y-25.9%5.4%9.0%

Return vs Industry: ERE.UN underperformed the Canadian Residential REITs industry which returned 5.7% over the past year.

Return vs Market: ERE.UN underperformed the Canadian Market which returned 9% over the past year.

Price Volatility

Is ERE.UN's price volatile compared to industry and market?
ERE.UN volatility
ERE.UN Average Weekly Movement3.1%
Residential REITs Industry Average Movement3.1%
Market Average Movement8.5%
10% most volatile stocks in CA Market18.4%
10% least volatile stocks in CA Market3.1%

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

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

About the Company

FoundedEmployeesCEOWebsite
2016n/aMark Kenneyhttps://www.eresreit.com

ERES is an unincorporated, open-ended real estate investment trust. ERES's REIT Units are listed on the TSX under the symbol ERE.UN. ERES is Canada’s only European-focused multi-residential REIT, with a current portfolio of high-quality, multi-residential real estate properties in the Netherlands.

European Residential Real Estate Investment Trust Fundamentals Summary

How do European Residential Real Estate Investment Trust's earnings and revenue compare to its market cap?
ERE.UN fundamental statistics
Market capCA$562.35m
Earnings (TTM)-CA$167.83m
Revenue (TTM)CA$140.58m

1.6x

P/S Ratio

-1.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ERE.UN income statement (TTM)
Revenue€95.68m
Cost of Revenue€20.55m
Gross Profit€75.13m
Other Expenses€189.36m
Earnings-€114.23m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-1.25
Gross Margin78.52%
Net Profit Margin-119.38%
Debt/Equity Ratio290.9%

How did ERE.UN perform over the long term?

See historical performance and comparison

Dividends

7.3%

Current Dividend Yield

23%

Payout Ratio

Does ERE.UN pay a reliable dividends?

See ERE.UN dividend history and benchmarks
When do you need to buy ERE.UN by to receive an upcoming dividend?
European Residential Real Estate Investment Trust dividend dates
Ex Dividend DateMar 27 2024
Dividend Pay DateApr 15 2024
Days until Ex dividend2 days
Days until Dividend pay date17 days

Does ERE.UN pay a reliable dividends?

See ERE.UN dividend history and benchmarks
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