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. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 1/6 |
| Dividends | 3/6 |
Primaris Real Estate Investment Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$16.06 |
| 52 Week High | CA$16.46 |
| 52 Week Low | CA$12.67 |
| Beta | 1.16 |
| 11 Month Change | 1.65% |
| 3 Month Change | 13.90% |
| 1 Year Change | 19.49% |
| 33 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 27.87% |
Recent News & Updates
Recent updates
Shareholder Returns
| PMZ.UN | CA Retail REITs | CA Market | |
|---|---|---|---|
| 7D | 1.4% | 0.2% | 0.4% |
| 1Y | 19.5% | 13.5% | 21.4% |
Return vs Industry: PMZ.UN exceeded the Canadian Retail REITs industry which returned 13.5% over the past year.
Return vs Market: PMZ.UN underperformed the Canadian Market which returned 21.4% over the past year.
Price Volatility
| PMZ.UN volatility | |
|---|---|
| PMZ.UN Average Weekly Movement | 2.5% |
| Retail REITs Industry Average Movement | 2.3% |
| Market Average Movement | 8.3% |
| 10% most volatile stocks in CA Market | 17.7% |
| 10% least volatile stocks in CA Market | 2.9% |
Stable Share Price: PMZ.UN has not had significant price volatility in the past 3 months compared to the Canadian market.
Volatility Over Time: PMZ.UN's weekly volatility (2%) 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$1.61b |
| Earnings (TTM) | CA$122.21m |
| Revenue (TTM) | CA$457.86m |
13.2x
P/E Ratio3.5x
P/S RatioIs PMZ.UN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PMZ.UN income statement (TTM) | |
|---|---|
| Revenue | CA$457.86m |
| Cost of Revenue | CA$197.24m |
| Gross Profit | CA$260.63m |
| Other Expenses | CA$138.42m |
| Earnings | CA$122.21m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.22 |
| Gross Margin | 56.92% |
| Net Profit Margin | 26.69% |
| Debt/Equity Ratio | 79.5% |
How did PMZ.UN perform over the long term?
See historical performance and comparisonDividends
5.2%
Current Dividend Yield47%
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 | Nov 29 2024 |
| Dividend Pay Date | Dec 16 2024 |
| Days until Ex dividend | 8 days |
| Days until Dividend pay date | 25 days |
Does PMZ.UN pay a reliable dividends?
See PMZ.UN dividend history and benchmarks