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Northview Residential REIT TSX:NRR.UN Stock Report

Last Price

CA$15.45

Market Cap

CA$55.4m

7D

-3.0%

1Y

36.2%

Updated

19 Dec, 2024

Data

Company Financials

Northview Residential REIT

TSX:NRR.UN Stock Report

Market Cap: CA$55.4m

NRR.UN Stock Overview

Northview is a real estate investment trust established pursuant to a declaration of trust dated April 14, 2020 as most recently amended and restated on August 21, 2023 (the "Declaration of Trust") under the laws of the Province of Ontario for the primary purpose of acquiring, owning, and operating a portfolio of income-producing rental properties in secondary markets within Canada. More details

NRR.UN fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends2/6

Rewards

Trading at 43.9% below our estimate of its fair value

Analysts in good agreement that stock price will rise by 23%

Risk Analysis

Has not reported any financial data

Does not have a meaningful market cap (CA$55M)


My Notes

Capture your thoughts, links and company narrative

Northview Residential REIT Competitors

Firm Capital Apartment Real Estate Investment Trust

TSXV:FCA.UN

CA$38.7m

Dream Residential Real Estate Investment Trust

TSX:DRR.UN

CA$187.1m

Sun Residential Real Estate Investment Trust

TSXV:SRES

CA$10.2m

European Residential Real Estate Investment Trust

TSX:ERE.UN

CA$883.4m

Price History & Performance

Summary of share price highs, lows and changes for Northview Residential REIT
Historical stock prices
Current Share PriceCA$15.45
52 Week HighCA$18.71
52 Week LowCA$10.15
Beta0
1 Month Change1.91%
3 Month Change-13.49%
1 Year Change36.24%
3 Year Change-43.70%
5 Year Changen/a
Change since IPO-26.43%

Recent News & Updates

Recent updates

Shareholder Returns

NRR.UNCA Residential REITsCA Market
7D-3.0%-4.2%-4.1%
1Y36.2%-6.7%16.7%

Return vs Industry: NRR.UN exceeded the Canadian Residential REITs industry which returned -6.7% over the past year.

Return vs Market: NRR.UN exceeded the Canadian Market which returned 16.7% over the past year.

Price Volatility

Is NRR.UN's price volatile compared to industry and market?
NRR.UN volatility
NRR.UN Average Weekly Movement3.8%
Residential REITs Industry Average Movement2.8%
Market Average Movement8.2%
10% most volatile stocks in CA Market17.8%
10% least volatile stocks in CA Market2.9%

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

Volatility Over Time: NRR.UN's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2020n/aTodd Cookwww.rentnorthview.com/

Northview is a real estate investment trust established pursuant to a declaration of trust dated April 14, 2020 as most recently amended and restated on August 21, 2023 (the "Declaration of Trust") under the laws of the Province of Ontario for the primary purpose of acquiring, owning, and operating a portfolio of income-producing rental properties in secondary markets within Canada. Northview's portfolio consists of approximately 14,400 residential suites, 1.3 million sq. ft. of commercial space, and 200 execusuites across nine provinces and two territories.

Northview Residential REIT Fundamentals Summary

How do Northview Residential REIT's earnings and revenue compare to its market cap?
NRR.UN fundamental statistics
Market capCA$55.39m
Earnings (TTM)CA$0
Revenue (TTM)n/a

n/a

P/E Ratio

n/a

P/S Ratio

Is NRR.UN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NRR.UN income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
Other ExpensesCA$0
EarningsCA$0

Last Reported Earnings

n/a

Next Earnings Date

n/a

Earnings per share (EPS)0
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did NRR.UN perform over the long term?

See historical performance and comparison

Dividends

7.1%

Current Dividend Yield

n/a

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 01:17
End of Day Share Price 2024/12/19 00:00
EarningsN/A
Annual EarningsN/A

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 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

Northview Residential REIT is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Dean WilkinsonCIBC Capital Markets
Matt KornackNational Bank Financial