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. More details
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Nexus Industrial REIT Competitors Price History & Performance
Summary of share price highs, lows and changes for Nexus Industrial REIT Historical stock prices Current Share Price CA$7.52 52 Week High CA$9.15 52 Week Low CA$6.47 Beta 1.46 1 Month Change -1.18% 3 Month Change -12.05% 1 Year Change -10.26% 3 Year Change -35.73% 5 Year Change -15.32% Change since IPO -3.59%
Recent News & Updates
Dividend of CA$0.053 announced Jan 16 An undisclosed buyer acquired Four Non-Core Industrial Buildings and Two Legacy Office Buildings from Nexus Industrial REIT (TSX:NXR.UN).
Dividend of CA$0.053 announced Dec 14
Consensus EPS estimates fall by 51% Nov 18
Dividend of CA$0.053 announced Nov 16
New minor risk - Profit margin trend Nov 12 See more updates
Dividend of CA$0.053 announced Jan 16 An undisclosed buyer acquired Four Non-Core Industrial Buildings and Two Legacy Office Buildings from Nexus Industrial REIT (TSX:NXR.UN).
Dividend of CA$0.053 announced Dec 14
Consensus EPS estimates fall by 51% Nov 18
Dividend of CA$0.053 announced Nov 16
New minor risk - Profit margin trend Nov 12
Third quarter 2024 earnings released Nov 12 An undisclosed buyer agreed to acquire Three non-core industrial properties, vacant land, and the remaining Old Montreal office properties from Nexus Industrial REIT (TSX:NXR.UN).
Now 20% undervalued Oct 29 Nexus Industrial REIT Announces Distributions for the Month of November and December 2024, Payable on December 13, 2024 and January 15, 2025 Respectively
Dividend of CA$0.053 announced Oct 16 An undisclosed buyer acquired 50% stake in Old Montreal Office Portfolio from Nexus Industrial REIT (TSX:NXR.UN). Oct 11
Nexus Industrial REIT Announces the Appointment of Mary Vitug to Its Board of Trustees Oct 08
Dividend of CA$0.053 announced Sep 29
Upcoming dividend of CA$0.053 per share Sep 23
Now 21% undervalued Sep 18
New minor risk - Shareholder dilution Sep 10
Dividend of CA$0.053 announced Sep 09
New minor risk - Shareholder dilution Aug 26
Upcoming dividend of CA$0.053 per share Aug 23
Consensus EPS estimates increase by 42% Aug 21
Second quarter 2024 earnings released Aug 16
Dividend of CA$0.053 announced Jul 22 Nexus Industrial REIT Announces July and August Distributions, Payable on August 15, 2024 and September 16, 2024 Respectively
Nexus Industrial REIT Announces the Demise of Board Trustee Louie DiNunzio Jul 12
Now 19% undervalued after recent price drop Jul 05
Now 20% undervalued after recent price drop Jun 18
New minor risk - Shareholder dilution Jun 11
Dividend of CA$0.053 announced Jun 02
Upcoming dividend of CA$0.053 per share May 27
Consensus EPS estimates increase by 35%, revenue downgraded May 22
First quarter 2024 earnings released May 16
Dividend of CA$0.053 announced May 12
Nexus Industrial REIT Announces May and June Distributions, Payable on June 14, 2024 and July 15, 2024 Respectively May 09
Nexus Industrial REIT to Report Q1, 2024 Results on May 15, 2024 May 01
Upcoming dividend of CA$0.053 per share Apr 22
CFO & Secretary recently bought CA$94k worth of stock Apr 07
Dividend of CA$0.053 announced Mar 28
Upcoming dividend of CA$0.053 per share Mar 20
Nexus Industrial REIT, Annual General Meeting, May 14, 2024 Mar 20
Full year 2023 earnings: Revenues in line with analyst expectations Mar 14
Nexus Industrial REIT Announces Cash Distribution for the Month of March and April 2024, Payable on April 15, 2024 and May 15, 2024 Respectively Mar 14
New minor risk - Shareholder dilution Mar 11
Upcoming dividend of CA$0.053 per share Feb 21
Now 20% undervalued Feb 06
Nexus Industrial REIT to Report Q4, 2023 Results on Mar 14, 2024 Feb 02
Dividend of CA$0.053 announced Feb 01
Upcoming dividend of CA$0.053 per share at 7.5% yield Jan 23
New minor risk - Shareholder dilution Jan 22
Nexus Industrial REIT Announces January and February Distributions, Payable on February 15, 2024 and March 15, 2024 Jan 19
Upcoming dividend of CA$0.053 per share at 8.1% yield Dec 21
New minor risk - Shareholder dilution Dec 11
New minor risk - Insider selling Dec 08
Nexus Industrial REIT Announces Chief Financial Officer Changes Nov 24
Nexus Industrial REIT Announces Chief Financial Officer Changes Nov 22
Third quarter 2023 earnings released: FFO per share: CA$0.3 (vs CA$0.28 in 3Q 2022) Nov 17
Nexus Industrial REIT Announces December Cash Distribution, Payable on January 15, 2024 Nov 15
Nexus Industrial REIT (TSX:NXR.UN) acquired 1005 Wilton Grove Road, London, Ontario from 1803299 Ontario Inc. for CAD 55.8 million. Nov 03
Price target decreased by 8.2% to CA$9.89 Oct 26 Nexus Industrial REIT to Report Q3, 2023 Results on Nov 15, 2023
Price target decreased by 8.1% to CA$10.78 Oct 10
Upcoming dividend of CA$0.053 per share at 8.2% yield Sep 21
Upcoming dividend of CA$0.053 per share at 8.2% yield Aug 23
Consensus EPS estimates increase by 143% Aug 18
New minor risk - Profit margin trend Aug 14
Second quarter 2023 earnings released Aug 13
Nexus Industrial REIT Announces Distribution for the Month of August and September 2023, Payable on September 15, 2023 and October 16, 2023 Aug 12
Upcoming dividend of CA$0.053 per share at 7.6% yield Jul 21 Nexus Industrial REIT to Report First Half, 2023 Results on Aug 14, 2023
Independent Trustee recently bought CA$71k worth of stock May 26
Upcoming dividend of CA$0.053 per share at 7.1% yield May 23
Consensus EPS estimates fall by 15% May 19
First quarter 2023 earnings released May 14
Full year 2022 earnings released Mar 17
Upcoming dividend of CA$0.053 per share at 5.8% yield Feb 20 Nexus Industrial REIT to Report Fiscal Year 2022 Results on Mar 15, 2023
Independent Trustee exercised options to buy CA$29k worth of stock. Jan 20
Upcoming dividend of CA$0.053 per share Dec 22
Now 22% undervalued Dec 20
Key Executive exercised options to buy CA$115k worth of stock. Dec 15 Nexus Industrial REIT has completed a Follow-on Equity Offering in the amount of CAD 75.19 million. Dec 09
Nexus Industrial REIT (TSX:NXR.UN) agreed to acquire Approximately 330,000 Square Feet, Two New-build Single Tenant Industrial Distribution Properties. Dec 03
Now 24% undervalued Dec 03
Upcoming dividend of CA$0.053 per share Nov 22 Nexus Industrial REIT Announces Cash Distribution for the Month of December 2022, Payable on January 16, 2023
Third quarter 2022 earnings released Nov 16
Investor sentiment improved over the past week Nov 11 Shareholder Returns NXR.UN CA Industrial REITs CA Market 7D 0.3% 3.5% 2.6% 1Y -10.3% -15.6% 17.7%
See full shareholder returns
Return vs Market: NXR.UN underperformed the Canadian Market which returned 17.7% over the past year.
Price Volatility Is NXR.UN's price volatile compared to industry and market? NXR.UN volatility NXR.UN Average Weekly Movement 2.8% Industrial REITs Industry Average Movement 3.4% Market Average Movement 8.3% 10% most volatile stocks in CA Market 18.5% 10% least volatile stocks in CA Market 2.9%
Stable Share Price: NXR.UN has not had significant price volatility in the past 3 months compared to the Canadian market.
Volatility Over Time: NXR.UN's weekly volatility (3%) has been stable over the past year.
About the Company 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.
Show more Nexus Industrial REIT Fundamentals Summary How do Nexus Industrial REIT's earnings and revenue compare to its market cap? NXR.UN fundamental statistics Market cap CA$705.25m Earnings (TTM ) CA$43.34m Revenue (TTM ) CA$172.86m
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) NXR.UN income statement (TTM ) Revenue CA$172.86m Cost of Revenue CA$50.09m Gross Profit CA$122.77m Other Expenses CA$79.43m Earnings CA$43.34m
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Mar 10, 2025
Earnings per share (EPS) 0.61 Gross Margin 71.02% Net Profit Margin 25.07% Debt/Equity Ratio 144.9%
How did NXR.UN perform over the long term?
See historical performance and comparison Dividends
8.5% Current Dividend Yield When do you need to buy NXR.UN by to receive an upcoming dividend? Nexus Industrial REIT dividend dates Ex Dividend Date Jan 31 2025 Dividend Pay Date Feb 14 2025 Days until Ex dividend 9 days Days until Dividend pay date 23 days
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2025/01/21 22:36 End of Day Share Price 2025/01/21 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 Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* 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 .
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Analyst Sources Nexus Industrial REIT is covered by 17 analysts. 4 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 J. Chen BMO Capital Markets Equity Research Michael Markidis BMO Capital Markets Equity Research Mark Rothschild Canaccord Genuity
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