REI.UN Stock Overview
RioCan is one of Canada’s largest real estate investment trusts.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
RioCan Real Estate Investment Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$18.78 |
| 52 Week High | CA$23.59 |
| 52 Week Low | CA$17.85 |
| Beta | 1.18 |
| 1 Month Change | -2.80% |
| 3 Month Change | -0.53% |
| 1 Year Change | 2.29% |
| 3 Year Change | 31.70% |
| 5 Year Change | -23.60% |
| Change since IPO | 168.29% |
Recent News & Updates
Recent updates
Shareholder Returns
| REI.UN | CA Retail REITs | CA Market | |
|---|---|---|---|
| 7D | -4.6% | -4.7% | -3.0% |
| 1Y | 2.3% | -2.4% | 6.0% |
Return vs Industry: REI.UN exceeded the Canadian Retail REITs industry which returned -2.4% over the past year.
Return vs Market: REI.UN underperformed the Canadian Market which returned 6% over the past year.
Price Volatility
| REI.UN volatility | |
|---|---|
| REI.UN Average Weekly Movement | 2.2% |
| Retail REITs Industry Average Movement | 2.2% |
| Market Average Movement | 8.0% |
| 10% most volatile stocks in CA Market | 17.0% |
| 10% least volatile stocks in CA Market | 3.0% |
Stable Share Price: REI.UN is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: REI.UN's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1993 | 581 | Jonathan Gitlin | https://www.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 June 30, 2023, our portfolio is comprised of 193 properties with an aggregate net leasable area of approximately 33.5 million square feet (at RioCan's interest) including office, residential rental and 11 development properties.
RioCan Real Estate Investment Trust Fundamentals Summary
| REI.UN fundamental statistics | |
|---|---|
| Market Cap | CA$5.64b |
| Earnings (TTM) | CA$228.23m |
| Revenue (TTM) | CA$1.20b |
24.7x
P/E Ratio4.7x
P/S RatioIs REI.UN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| REI.UN income statement (TTM) | |
|---|---|
| Revenue | CA$1.20b |
| Cost of Revenue | CA$463.47m |
| Gross Profit | CA$740.93m |
| Other Expenses | CA$512.70m |
| Earnings | CA$228.23m |
Last Reported Earnings
Jun 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.76 |
| Gross Margin | 61.52% |
| Net Profit Margin | 18.95% |
| Debt/Equity Ratio | 90.7% |
How did REI.UN perform over the long term?
See historical performance and comparisonDividends
5.8%
Current Dividend Yield60%
Payout RatioDoes REI.UN pay a reliable dividends?
See REI.UN dividend history and benchmarks| RioCan Real Estate Investment Trust dividend dates | |
|---|---|
| Ex Dividend Date | Sep 28 2023 |
| Dividend Pay Date | Oct 06 2023 |
| Days until Ex dividend | 1 day |
| Days until Dividend pay date | 9 days |
Does REI.UN pay a reliable dividends?
See REI.UN dividend history and benchmarks