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Nexus Industrial REIT TSX:NXR.UN Stock Report

Last Price

CA$6.98

Market Cap

CA$653.1m

7D

-1.0%

1Y

-17.7%

Updated

16 Jun, 2024

Data

Company Financials +

Nexus Industrial REIT

TSX:NXR.UN Stock Report

Market Cap: CA$653.1m

NXR.UN Stock Overview

A growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition of industrial properties located in primary and secondary markets in Canada, and the ownership and management of its portfolio of properties.

NXR.UN fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance4/6
Financial Health0/6
Dividends5/6

Nexus Industrial REIT Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Nexus Industrial REIT
Historical stock prices
Current Share PriceCA$6.98
52 Week HighCA$8.69
52 Week LowCA$6.08
Beta1.48
1 Month Change-2.51%
3 Month Change-8.28%
1 Year Change-17.69%
3 Year Change-32.30%
5 Year Change-12.75%
Change since IPO-10.51%

Recent News & Updates

Recent updates

Shareholder Returns

NXR.UNCA Industrial REITsCA Market
7D-1.0%1.3%-2.2%
1Y-17.7%-8.6%8.0%

Return vs Industry: NXR.UN underperformed the Canadian Industrial REITs industry which returned -8.6% over the past year.

Return vs Market: NXR.UN underperformed the Canadian Market which returned 8% over the past year.

Price Volatility

Is NXR.UN's price volatile compared to industry and market?
NXR.UN volatility
NXR.UN Average Weekly Movement3.0%
Industrial REITs Industry Average Movement3.2%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.2%
10% least volatile stocks in CA Market3.0%

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

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

About the Company

FoundedEmployeesCEOWebsite
2012n/aKelly Hanczykwww.nexusreit.com

Nexus Industrial REIT is a growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition of industrial properties located in primary and secondary markets in Canada, and the ownership and management of its portfolio of properties. The REIT currently owns a portfolio of 116 properties (including two properties held for development in which the REIT has an 80% interest) comprising approximately 12.4 million square feet of gross leasable area. The REIT has approximately 93,038,000 voting units issued and outstanding, including approximately 68,427,000 REIT Units and approximately 24,611,000 Class B LP Units of subsidiary limited partnerships of Nexus, which are convertible to REIT Units on a one-to-one basis.

Nexus Industrial REIT Fundamentals Summary

How do Nexus Industrial REIT's earnings and revenue compare to its market cap?
NXR.UN fundamental statistics
Market capCA$653.11m
Earnings (TTM)CA$199.98m
Revenue (TTM)CA$161.97m

2.4x

P/E Ratio

3.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NXR.UN income statement (TTM)
RevenueCA$161.97m
Cost of RevenueCA$45.99m
Gross ProfitCA$115.98m
Other Expenses-CA$84.01m
EarningsCA$199.98m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.90
Gross Margin71.61%
Net Profit Margin123.47%
Debt/Equity Ratio132.8%

How did NXR.UN perform over the long term?

See historical performance and comparison

Dividends

9.2%

Current Dividend Yield

58%

Payout Ratio

Does NXR.UN pay a reliable dividends?

See NXR.UN dividend history and benchmarks
When do you need to buy NXR.UN by to receive an upcoming dividend?
Nexus Industrial REIT dividend dates
Ex Dividend DateJun 28 2024
Dividend Pay DateJul 15 2024
Days until Ex dividend12 days
Days until Dividend pay date29 days

Does NXR.UN pay a reliable dividends?

See NXR.UN dividend history and benchmarks
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