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Summit Industrial Income REIT TSX:SMU.UN Stock Report

Last Price

CA$23.46

Market Cap

CA$4.5b

7D

1.0%

1Y

9.4%

Updated

18 Feb, 2023

Data

Company Financials +

Summit Industrial Income REIT

TSX:SMU.UN Stock Report

Market Cap: CA$4.5b

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

SMU.UN Stock Overview

Summit Industrial Income REIT is an unincorporated open-end REIT focused on growing and managing a portfolio of light industrial and other properties across Canada.

SMU.UN fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health3/6
Dividends5/6

Summit Industrial Income REIT Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Summit Industrial Income REIT
Historical stock prices
Current Share PriceCA$23.46
52 Week HighCA$23.47
52 Week LowCA$16.06
Beta1.09
1 Month Change2.54%
3 Month Change4.73%
1 Year Change9.37%
3 Year Change68.90%
5 Year Change190.71%
Change since IPO-2.25%

Recent News & Updates

Recent updates

Is Summit Industrial Income REIT's (TSE:SMU.UN) Latest Stock Performance Being Led By Its Strong Fundamentals?

Jan 13
Is Summit Industrial Income REIT's (TSE:SMU.UN) Latest Stock Performance Being Led By Its Strong Fundamentals?

Shareholder Returns

SMU.UNCA REITsCA Market
7D1.0%0.8%0.7%
1Y9.4%-17.5%4.9%

Return vs Industry: SMU.UN exceeded the Canadian REITs industry which returned -8.2% over the past year.

Return vs Market: SMU.UN exceeded the Canadian Market which returned -3.7% over the past year.

Price Volatility

Is SMU.UN's price volatile compared to industry and market?
SMU.UN volatility
SMU.UN Average Weekly Movement0.9%
REITs Industry Average Movement2.5%
Market Average Movement9.0%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.0%

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

Volatility Over Time: SMU.UN's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2005n/aPaul Dykemanwww.summitIIreit.com

Summit Industrial Income REIT is an unincorporated open-end REIT focused on growing and managing a portfolio of light industrial and other properties across Canada. Summit II's units are listed on the TSX and trade under the symbol SMU.UN.

Summit Industrial Income REIT Fundamentals Summary

How do Summit Industrial Income REIT's earnings and revenue compare to its market cap?
SMU.UN fundamental statistics
Market capCA$4.46b
Earnings (TTM)CA$822.06m
Revenue (TTM)CA$256.15m

5.4x

P/E Ratio

17.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SMU.UN income statement (TTM)
RevenueCA$256.15m
Cost of RevenueCA$64.02m
Gross ProfitCA$192.14m
Other Expenses-CA$629.92m
EarningsCA$822.06m

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)4.33
Gross Margin75.01%
Net Profit Margin320.92%
Debt/Equity Ratio34.6%

How did SMU.UN perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

63%

Payout Ratio
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