company background image
REI.UN logo

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

Last Price

CA$18.82

Market Cap

CA$5.7b

7D

-1.5%

1Y

7.2%

Updated

20 Nov, 2024

Data

Company Financials +

RioCan Real Estate Investment Trust

TSX:REI.UN Stock Report

Market Cap: CA$5.7b

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$18.82
52 Week HighCA$20.83
52 Week LowCA$16.26
Beta1.32
11 Month Change-3.98%
3 Month Change4.04%
1 Year Change7.24%
33 Year Change-17.09%
5 Year Change-30.86%
Change since IPO168.86%

Recent News & Updates

Recent updates

Shareholder Returns

REI.UNCA Retail REITsCA Market
7D-1.5%0.3%0.7%
1Y7.2%11.7%21.7%

Return vs Industry: REI.UN underperformed the Canadian Retail REITs industry which returned 11.7% over the past year.

Return vs Market: REI.UN underperformed the Canadian Market which returned 21.7% over the past year.

Price Volatility

Is REI.UN's price volatile compared to industry and market?
REI.UN volatility
REI.UN Average Weekly Movement2.6%
Retail REITs Industry Average Movement2.2%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.6%
10% least volatile stocks in CA Market2.9%

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

Volatility Over Time: REI.UN's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1993543Jonathan 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$5.69b
Earnings (TTM)CA$230.16m
Revenue (TTM)CA$1.26b

24.6x

P/E Ratio

4.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
REI.UN income statement (TTM)
RevenueCA$1.26b
Cost of RevenueCA$458.86m
Gross ProfitCA$802.09m
Other ExpensesCA$571.93m
EarningsCA$230.16m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.77
Gross Margin63.61%
Net Profit Margin18.25%
Debt/Equity Ratio95.7%

How did REI.UN perform over the long term?

See historical performance and comparison

Dividends

5.9%

Current Dividend Yield

62%

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 DateNov 29 2024
Dividend Pay DateDec 06 2024
Days until Ex dividend8 days
Days until Dividend pay date15 days

Does REI.UN pay a reliable dividends?

See REI.UN dividend history and benchmarks