company background image
SRES logo

Sun Residential Real Estate Investment Trust TSXV:SRES Stock Report

Last Price

CA$0.045

Market Cap

CA$9.2m

7D

0%

1Y

-25.0%

Updated

23 Apr, 2024

Data

Company Financials

Sun Residential Real Estate Investment Trust

TSXV:SRES Stock Report

Market Cap: CA$9.2m

SRES Stock Overview

Sun Residential Real Estate Investment Trust is an unincorporated open-ended real estate investment trust established pursuant to a declaration of trust dated January 22, 2019, as amended and restated on March 22, 2019 and November 4, 2020.

SRES fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends4/6

Sun Residential Real Estate Investment Trust Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sun Residential Real Estate Investment Trust
Historical stock prices
Current Share PriceCA$0.045
52 Week HighCA$0.065
52 Week LowCA$0.04
Beta0.090
1 Month Change0%
3 Month Change-18.18%
1 Year Change-25.00%
3 Year Change-30.77%
5 Year Changen/a
Change since IPO-59.09%

Recent News & Updates

Recent updates

Is Now The Time To Put Sun Residential Real Estate Investment Trust (CVE:SRES) On Your Watchlist?

Aug 16
Is Now The Time To Put Sun Residential Real Estate Investment Trust (CVE:SRES) On Your Watchlist?

Shareholder Returns

SRESCA Residential REITsCA Market
7D0%2.6%1.2%
1Y-25.0%-2.1%6.1%

Return vs Industry: SRES underperformed the Canadian Residential REITs industry which returned -4.7% over the past year.

Return vs Market: SRES underperformed the Canadian Market which returned 3.9% over the past year.

Price Volatility

Is SRES's price volatile compared to industry and market?
SRES volatility
SRES Average Weekly Movement14.8%
Residential REITs Industry Average Movement3.0%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.1%

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

Volatility Over Time: SRES's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
2019n/aBob Wetenhallwww.sunresreit.com

Sun Residential Real Estate Investment Trust is an unincorporated open-ended real estate investment trust established pursuant to a declaration of trust dated January 22, 2019, as amended and restated on March 22, 2019 and November 4, 2020. The business of Sun is to acquire multi-family residential properties in the Sunbelt region of the United States.

Sun Residential Real Estate Investment Trust Fundamentals Summary

How do Sun Residential Real Estate Investment Trust's earnings and revenue compare to its market cap?
SRES fundamental statistics
Market capCA$9.15m
Earnings (TTM)-CA$5.16m
Revenue (TTM)CA$7.91m

1.2x

P/S Ratio

-1.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SRES income statement (TTM)
RevenueUS$5.78m
Cost of RevenueUS$2.73m
Gross ProfitUS$3.05m
Other ExpensesUS$6.82m
Earnings-US$3.77m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.019
Gross Margin52.78%
Net Profit Margin-65.28%
Debt/Equity Ratio99.8%

How did SRES perform over the long term?

See historical performance and comparison

Dividends

8.4%

Current Dividend Yield

80%

Payout Ratio
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.