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Plaza Retail REIT OTCPK:PAZR.F Stock Report

Last Price

US$2.51

Market Cap

US$281.0m

7D

4.0%

1Y

-3.2%

Updated

12 Feb, 2025

Data

Company Financials +

Plaza Retail REIT

OTCPK:PAZR.F Stock Report

Market Cap: US$281.0m

PAZR.F Stock Overview

Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. More details

PAZR.F fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance1/6
Financial Health1/6
Dividends6/6

Rewards

Trading at 27.2% below our estimate of its fair value

Pays a high and reliable dividend of 7.78%

Risk Analysis

Interest payments are not well covered by earnings

Shares are highly illiquid

Large one-off items impacting financial results

Profit margins (10.5%) are lower than last year (33.2%)


My Notes

Capture your thoughts, links and company narrative

Plaza Retail REIT Competitors

Whitestone REIT

NYSE:WSR

US$691.0m

SITE Centers

NYSE:SITC

US$777.0m

Alexander's

NYSE:ALX

US$981.4m

CBL & Associates Properties

NYSE:CBL

US$941.4m

Price History & Performance

Summary of share price highs, lows and changes for Plaza Retail REIT
Historical stock prices
Current Share PriceCA$2.51
52 Week HighCA$2.92
52 Week LowCA$2.37
Beta1.05
1 Month Change-0.40%
3 Month Changen/a
1 Year Change-3.16%
3 Year Change-33.07%
5 Year Change-29.09%
Change since IPO-41.71%

Recent News & Updates

Recent updates

Shareholder Returns

PAZR.FUS Retail REITsUS Market
7D4.0%3.1%0.2%
1Y-3.2%16.2%23.1%

Return vs Industry: PAZR.F underperformed the US Retail REITs industry which returned 16.2% over the past year.

Return vs Market: PAZR.F underperformed the US Market which returned 23.1% over the past year.

Price Volatility

Is PAZR.F's price volatile compared to industry and market?
PAZR.F volatility
PAZR.F Average Weekly Movementn/a
Retail REITs Industry Average Movement2.9%
Market Average Movement5.9%
10% most volatile stocks in US Market18.3%
10% least volatile stocks in US Market3.0%

Stable Share Price: PAZR.F's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine PAZR.F's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1999n/aJason Parravanowww.plaza.ca

Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza's portfolio at June 30, 2023 includes interests in 234 properties totaling approximately 8.8 million square feet across Canada and additional lands held for development. Plaza's portfolio largely consists of open-air centres and stand-alone small box retail outlets and is predominantly occupied by national tenants.

Plaza Retail REIT Fundamentals Summary

How do Plaza Retail REIT's earnings and revenue compare to its market cap?
PAZR.F fundamental statistics
Market capUS$280.96m
Earnings (TTM)US$9.12m
Revenue (TTM)US$86.78m

30.5x

P/E Ratio

3.2x

P/S Ratio

Is PAZR.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PAZR.F income statement (TTM)
RevenueCA$124.07m
Cost of RevenueCA$46.09m
Gross ProfitCA$77.98m
Other ExpensesCA$64.94m
EarningsCA$13.04m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 27, 2025

Earnings per share (EPS)0.12
Gross Margin62.85%
Net Profit Margin10.51%
Debt/Equity Ratio111.8%

How did PAZR.F perform over the long term?

See historical performance and comparison

Dividends

7.8%

Current Dividend Yield

74%

Payout Ratio

Does PAZR.F pay a reliable dividends?

See PAZR.F dividend history and benchmarks
When do you need to buy PAZR.F by to receive an upcoming dividend?
Plaza Retail REIT dividend dates
Ex Dividend DateJan 31 2025
Dividend Pay DateFeb 18 2025
Days until Ex dividend13 days
Days until Dividend pay date5 days

Does PAZR.F pay a reliable dividends?

See PAZR.F dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/12 16:06
End of Day Share Price 2025/02/07 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Plaza Retail REIT is covered by 11 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Troy MacLeanBMO Capital Markets Equity Research
Mark RothschildCanaccord Genuity
Brendon AbramsCanaccord Genuity