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SmartCentres Real Estate Investment Trust TSX:SRU.UN Stock Report

Last Price

CA$22.40

Market Cap

CA$3.9b

7D

1.4%

1Y

-14.6%

Updated

25 Apr, 2024

Data

Company Financials +

SmartCentres Real Estate Investment Trust

TSX:SRU.UN Stock Report

Market Cap: CA$3.9b

SRU.UN Stock Overview

SmartCentres is one of Canada's largest fully integrated REITs, with a best-in-class and growing mixed-use portfolio featuring 191 strategically located properties in communities across the country.

SRU.UN fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance1/6
Financial Health2/6
Dividends6/6

SmartCentres Real Estate Investment Trust Competitors

Price History & Performance

Summary of all time highs, changes and price drops for SmartCentres Real Estate Investment Trust
Historical stock prices
Current Share PriceCA$22.40
52 Week HighCA$26.42
52 Week LowCA$20.67
Beta1.24
1 Month Change-2.27%
3 Month Change-9.16%
1 Year Change-14.60%
3 Year Change-21.38%
5 Year Change-33.43%
Change since IPO897.36%

Recent News & Updates

Recent updates

Does SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Deserve A Spot On Your Watchlist?

Feb 22
Does SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Deserve A Spot On Your Watchlist?

President Peter Forde Just Bought 367% More Shares In SmartCentres Real Estate Investment Trust (TSE:SRU.UN)

Mar 13
President Peter Forde Just Bought 367% More Shares In SmartCentres Real Estate Investment Trust (TSE:SRU.UN)

What You Need To Know About SmartCentres Real Estate Investment Trust's (TSE:SRU.UN) Investor Composition

Mar 02
What You Need To Know About SmartCentres Real Estate Investment Trust's (TSE:SRU.UN) Investor Composition

SmartCentres Real Estate Investment Trust's (TSE:SRU.UN) Stock Price Has Reduced 25% In The Past Year

Feb 04
SmartCentres Real Estate Investment Trust's (TSE:SRU.UN) Stock Price Has Reduced 25% In The Past Year

Insider Buying: The SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Executive Chairman Just Bought CA$690k Worth Of Shares

Dec 27
Insider Buying: The SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Executive Chairman Just Bought CA$690k Worth Of Shares

Shareholder Returns

SRU.UNCA Retail REITsCA Market
7D1.4%0.9%0.7%
1Y-14.6%-13.0%4.9%

Return vs Industry: SRU.UN underperformed the Canadian Retail REITs industry which returned -13% over the past year.

Return vs Market: SRU.UN underperformed the Canadian Market which returned 4.9% over the past year.

Price Volatility

Is SRU.UN's price volatile compared to industry and market?
SRU.UN volatility
SRU.UN Average Weekly Movement2.4%
Retail REITs Industry Average Movement2.7%
Market Average Movement9.0%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.0%

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

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

About the Company

FoundedEmployeesCEOWebsite
2001n/aMitchell Goldharwww.smartcentres.com

SmartCentres is one of Canada's largest fully integrated REITs, with a best-in-class and growing mixed-use portfolio featuring 191 strategically located properties in communities across the country. SmartCentres has approximately $12.0 billion in assets and owns 35.0 million square feet of income producing value-oriented retail and first-class office properties with 98.5% in place and committed occupancy, on 3,500 acres of owned land across Canada.

SmartCentres Real Estate Investment Trust Fundamentals Summary

How do SmartCentres Real Estate Investment Trust's earnings and revenue compare to its market cap?
SRU.UN fundamental statistics
Market capCA$3.86b
Earnings (TTM)CA$413.70m
Revenue (TTM)CA$929.40m

7.8x

P/E Ratio

3.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SRU.UN income statement (TTM)
RevenueCA$929.40m
Cost of RevenueCA$321.02m
Gross ProfitCA$608.38m
Other ExpensesCA$194.68m
EarningsCA$413.70m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 08, 2024

Earnings per share (EPS)2.86
Gross Margin65.46%
Net Profit Margin44.51%
Debt/Equity Ratio78.6%

How did SRU.UN perform over the long term?

See historical performance and comparison

Dividends

8.3%

Current Dividend Yield

67%

Payout Ratio

Does SRU.UN pay a reliable dividends?

See SRU.UN dividend history and benchmarks
When do you need to buy SRU.UN by to receive an upcoming dividend?
SmartCentres Real Estate Investment Trust dividend dates
Ex Dividend DateApr 29 2024
Dividend Pay DateMay 15 2024
Days until Ex dividend3 days
Days until Dividend pay date19 days

Does SRU.UN pay a reliable dividends?

See SRU.UN dividend history and benchmarks
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