PMZ.UN Stock Overview
Primaris is Canada’s only enclosed shopping centre focused REIT, with ownership interests primarily in leading enclosed shopping centres located in growing mid-sized markets.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
Primaris Real Estate Investment Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$13.19 |
| 52 Week High | CA$14.24 |
| 52 Week Low | CA$12.11 |
| Beta | 1.16 |
| 1 Month Change | -4.00% |
| 3 Month Change | -6.39% |
| 1 Year Change | -0.98% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 5.02% |
Recent News & Updates
Recent updates
Shareholder Returns
| PMZ.UN | CA Retail REITs | CA Market | |
|---|---|---|---|
| 7D | -1.0% | 1.6% | 0.7% |
| 1Y | -1.0% | -12.8% | 5.5% |
Return vs Industry: PMZ.UN exceeded the Canadian Retail REITs industry which returned -12.8% over the past year.
Return vs Market: PMZ.UN underperformed the Canadian Market which returned 5.5% over the past year.
Price Volatility
| PMZ.UN volatility | |
|---|---|
| PMZ.UN Average Weekly Movement | 2.7% |
| Retail REITs Industry Average Movement | 2.7% |
| Market Average Movement | 9.1% |
| 10% most volatile stocks in CA Market | 18.2% |
| 10% least volatile stocks in CA Market | 3.0% |
Stable Share Price: PMZ.UN has not had significant price volatility in the past 3 months.
Volatility Over Time: PMZ.UN's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2021 | n/a | Alex Avery | www.primarisreit.com |
Primaris is Canada’s only enclosed shopping centre focused REIT, with ownership interests primarily in leading enclosed shopping centres located in growing mid-sized markets. The current portfolio totals 12.5 million square feet valued at approximately $3.8 billion at Primaris’ share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform.
Primaris Real Estate Investment Trust Fundamentals Summary
| PMZ.UN fundamental statistics | |
|---|---|
| Market cap | CA$1.29b |
| Earnings (TTM) | CA$102.27m |
| Revenue (TTM) | CA$410.97m |
12.4x
P/E Ratio3.1x
P/S RatioIs PMZ.UN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PMZ.UN income statement (TTM) | |
|---|---|
| Revenue | CA$410.97m |
| Cost of Revenue | CA$177.35m |
| Gross Profit | CA$233.63m |
| Other Expenses | CA$131.35m |
| Earnings | CA$102.27m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 01, 2024
| Earnings per share (EPS) | 1.06 |
| Gross Margin | 56.85% |
| Net Profit Margin | 24.89% |
| Debt/Equity Ratio | 79.1% |
How did PMZ.UN perform over the long term?
See historical performance and comparisonDividends
6.4%
Current Dividend Yield50%
Payout RatioDoes PMZ.UN pay a reliable dividends?
See PMZ.UN dividend history and benchmarks| Primaris Real Estate Investment Trust dividend dates | |
|---|---|
| Ex Dividend Date | Apr 29 2024 |
| Dividend Pay Date | May 15 2024 |
| Days until Ex dividend | 3 days |
| Days until Dividend pay date | 19 days |
Does PMZ.UN pay a reliable dividends?
See PMZ.UN dividend history and benchmarks