Stock Analysis
H&R Real Estate Investment Trust (TSE:HR.UN) Full Year 2023 Results
Key Financial Results
- Revenue: CA$847.1m (down 4.4% from FY 2022).
- Net income: CA$61.7m (down 93% from FY 2022).
- Profit margin: 7.3% (down from 95% in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
H&R Real Estate Investment Trust Revenues Beat Expectations
Revenue exceeded analyst estimates by 5.3%.
Looking ahead, revenue is forecast to grow 5.7% p.a. on average during the next 2 years, while revenues in the REITs industry in Canada are expected to remain flat.
Performance of the Canadian REITs industry.
The company's shares are down 1.1% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 4 warning signs for H&R Real Estate Investment Trust you should be aware of, and 1 of them is potentially serious.
Valuation is complex, but we're helping make it simple.
Find out whether H&R Real Estate Investment Trust is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About TSX:HR.UN
H&R Real Estate Investment Trust
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.
Average dividend payer and fair value.