company background image
REI.UN logo

RioCan Real Estate Investment Trust TSX:REI.UN Stock Report

Last Price

CA$16.38

Market Cap

CA$4.9b

7D

-1.9%

1Y

-10.9%

Updated

23 Jun, 2024

Data

Company Financials +

RioCan Real Estate Investment Trust

TSX:REI.UN Stock Report

Market Cap: CA$4.9b

RioCan Real Estate Investment Trust Competitors

Price History & Performance

Summary of all time highs, changes and price drops for RioCan Real Estate Investment Trust
Historical stock prices
Current Share PriceCA$16.38
52 Week HighCA$20.52
52 Week LowCA$16.27
Beta1.29
11 Month Change-6.19%
3 Month Change-10.88%
1 Year Change-10.93%
33 Year Change-25.68%
5 Year Change-36.98%
Change since IPO134.00%

Recent News & Updates

Recent updates

Shareholder Returns

REI.UNCA Retail REITsCA Market
7D-1.9%-2.2%-0.4%
1Y-10.9%-6.2%10.8%

Return vs Industry: REI.UN underperformed the Canadian Retail REITs industry which returned -6.2% over the past year.

Return vs Market: REI.UN underperformed the Canadian Market which returned 10.8% over the past year.

Price Volatility

Is REI.UN's price volatile compared to industry and market?
REI.UN volatility
REI.UN Average Weekly Movement2.4%
Retail REITs Industry Average Movement2.3%
Market Average Movement8.2%
10% most volatile stocks in CA Market16.8%
10% least volatile stocks in CA Market3.0%

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

Volatility Over Time: REI.UN's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1993565Jonathan Gitlinwww.riocan.com

RioCan is one of Canada’s largest real estate investment trusts. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at December 31, 2023, our portfolio is comprised of 188 properties with an aggregate net leasable area of approximately 32.6 million square feet (at RioCan's interest) including office, residential rental and 9 development properties.

RioCan Real Estate Investment Trust Fundamentals Summary

How do RioCan Real Estate Investment Trust's earnings and revenue compare to its market cap?
REI.UN fundamental statistics
Market capCA$4.92b
Earnings (TTM)CA$49.39m
Revenue (TTM)CA$1.21b

99.6x

P/E Ratio

4.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
REI.UN income statement (TTM)
RevenueCA$1.21b
Cost of RevenueCA$445.33m
Gross ProfitCA$767.68m
Other ExpensesCA$718.29m
EarningsCA$49.39m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.16
Gross Margin63.29%
Net Profit Margin4.07%
Debt/Equity Ratio93.6%

How did REI.UN perform over the long term?

See historical performance and comparison

Dividends

6.8%

Current Dividend Yield

61%

Payout Ratio

Does REI.UN pay a reliable dividends?

See REI.UN dividend history and benchmarks
When do you need to buy REI.UN by to receive an upcoming dividend?
RioCan Real Estate Investment Trust dividend dates
Ex Dividend DateJun 28 2024
Dividend Pay DateJul 08 2024
Days until Ex dividend4 days
Days until Dividend pay date14 days

Does REI.UN pay a reliable dividends?

See REI.UN dividend history and benchmarks
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.