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

Last Price

CA$3.60

Market Cap

CA$843.3m

7D

3.4%

1Y

56.5%

Updated

18 Nov, 2024

Data

Company Financials +

European Residential Real Estate Investment Trust

TSX:ERE.UN Stock Report

Market Cap: CA$843.3m

ERE.UN Stock Overview

ERES is an unincorporated, open-ended real estate investment trust. More details

ERE.UN fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends3/6

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$3.60
52 Week HighCA$3.65
52 Week LowCA$2.17
Beta1.29
11 Month Change15.02%
3 Month Change37.40%
1 Year Change56.52%
33 Year Change-19.82%
5 Year Change-28.00%
Change since IPO-18.18%

Recent News & Updates

Recent updates

Shareholder Returns

ERE.UNCA Residential REITsCA Market
7D3.4%-0.2%-0.7%
1Y56.5%4.5%20.2%

Return vs Industry: ERE.UN exceeded the Canadian Residential REITs industry which returned 4.5% over the past year.

Return vs Market: ERE.UN exceeded the Canadian Market which returned 20.2% over the past year.

Price Volatility

Is ERE.UN's price volatile compared to industry and market?
ERE.UN volatility
ERE.UN Average Weekly Movement5.8%
Residential REITs Industry Average Movement2.8%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.5%
10% least volatile stocks in CA Market2.9%

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

Volatility Over Time: ERE.UN's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2016n/aMark Kenneywww.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$843.31m
Earnings (TTM)-CA$70.92m
Revenue (TTM)CA$143.94m

2.3x

P/S Ratio

-4.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ERE.UN income statement (TTM)
Revenue€97.04m
Cost of Revenue€20.69m
Gross Profit€76.35m
Other Expenses€124.17m
Earnings-€47.81m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.52
Gross Margin78.68%
Net Profit Margin-49.27%
Debt/Equity Ratio283.9%

How did ERE.UN perform over the long term?

See historical performance and comparison

Dividends

4.8%

Current Dividend Yield

25%

Payout Ratio