HR.UN Stock Overview
H&R REIT is one of Canada's largest real estate investment trusts with total assets of approximately $10.8 billion as at December 31, 2023. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 4/6 |
My Notes
Capture your thoughts, links and company narrative
H&R Real Estate Investment Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$9.36 |
| 52 Week High | CA$11.67 |
| 52 Week Low | CA$8.63 |
| Beta | 1.93 |
| 1 Month Change | -4.59% |
| 3 Month Change | -18.47% |
| 1 Year Change | -5.65% |
| 3 Year Change | -41.32% |
| 5 Year Change | -55.89% |
| Change since IPO | -15.68% |
Recent News & Updates
Recent updates
Shareholder Returns
| HR.UN | CA REITs | CA Market | |
|---|---|---|---|
| 7D | -3.2% | -2.6% | -2.6% |
| 1Y | -5.6% | 0.7% | 15.2% |
Return vs Industry: HR.UN underperformed the Canadian REITs industry which returned 0.7% over the past year.
Return vs Market: HR.UN underperformed the Canadian Market which returned 15.2% over the past year.
Price Volatility
| HR.UN volatility | |
|---|---|
| HR.UN Average Weekly Movement | 2.7% |
| REITs Industry Average Movement | 2.7% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in CA Market | 17.3% |
| 10% least volatile stocks in CA Market | 2.9% |
Stable Share Price: HR.UN has not had significant price volatility in the past 3 months compared to the Canadian market.
Volatility Over Time: HR.UN's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1996 | n/a | Tom Hofstedter | www.hr-reit.com |
H&R REIT is one of Canada's largest real estate investment trusts with total assets of approximately $10.8 billion as at December 31, 2023. H&R REIT has ownership interests in a North American portfolio comprised of high-quality residential, industrial, office and retail properties comprising over 26.9 million square feet. H&R's strategy is to create a simplified, growth-oriented business focused on residential and industrial properties in order to create sustainable long term value for unitholders.
H&R Real Estate Investment Trust Fundamentals Summary
| HR.UN fundamental statistics | |
|---|---|
| Market cap | CA$2.62b |
| Earnings (TTM) | -CA$261.91m |
| Revenue (TTM) | CA$875.35m |
2.8x
P/S Ratio-9.4x
P/E RatioIs HR.UN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HR.UN income statement (TTM) | |
|---|---|
| Revenue | CA$875.35m |
| Cost of Revenue | CA$294.42m |
| Gross Profit | CA$580.94m |
| Other Expenses | CA$842.85m |
| Earnings | -CA$261.91m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Feb 12, 2025
| Earnings per share (EPS) | -1.00 |
| Gross Margin | 66.37% |
| Net Profit Margin | -29.92% |
| Debt/Equity Ratio | 76.0% |
How did HR.UN perform over the long term?
See historical performance and comparisonDividends
7.5%
Current Dividend Yield55%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:16 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
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 .
Analyst Sources
H&R Real Estate Investment Trust is covered by 16 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Karine MacIndoe | BMO Capital Markets Equity Research |
| Clarence Powell | BMO Capital Markets Equity Research |
| Shant Poladian | Canaccord Genuity |