PMRE.F Stock Overview
Primaris is Canada’s only enclosed shopping centre focused REIT, with ownership interests primarily in leading enclosed shopping centres located in growing mid-sized markets.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 2/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
Primaris Real Estate Investment Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$9.58 |
| 52 Week High | CA$10.60 |
| 52 Week Low | CA$9.27 |
| Beta | 1.16 |
| 1 Month Change | -5.15% |
| 3 Month Change | -7.88% |
| 1 Year Change | n/a |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -18.12% |
Recent News & Updates
Recent updates
Shareholder Returns
| PMRE.F | US Retail REITs | US Market | |
|---|---|---|---|
| 7D | 0% | 0.03% | 2.0% |
| 1Y | n/a | 2.9% | 22.3% |
Return vs Industry: Insufficient data to determine how PMRE.F performed against the US Retail REITs industry.
Return vs Market: Insufficient data to determine how PMRE.F performed against the US Market.
Price Volatility
| PMRE.F volatility | |
|---|---|
| PMRE.F Average Weekly Movement | n/a |
| Retail REITs Industry Average Movement | 3.1% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: PMRE.F has not had significant price volatility in the past 3 months.
Volatility Over Time: Insufficient data to determine PMRE.F's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2021 | n/a | Alex Avery | www.primarisreit.com |
Primaris is Canada’s only enclosed shopping centre focused REIT, with ownership interests primarily in leading enclosed shopping centres located in growing mid-sized markets. The current portfolio totals 12.5 million square feet valued at approximately $3.8 billion at Primaris’ share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform.
Primaris Real Estate Investment Trust Fundamentals Summary
| PMRE.F fundamental statistics | |
|---|---|
| Market cap | US$934.28m |
| Earnings (TTM) | US$74.99m |
| Revenue (TTM) | US$301.33m |
12.5x
P/E Ratio3.1x
P/S RatioIs PMRE.F overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PMRE.F income statement (TTM) | |
|---|---|
| Revenue | CA$410.97m |
| Cost of Revenue | CA$177.35m |
| Gross Profit | CA$233.63m |
| Other Expenses | CA$131.35m |
| Earnings | CA$102.27m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 01, 2024
| Earnings per share (EPS) | 1.06 |
| Gross Margin | 56.85% |
| Net Profit Margin | 24.89% |
| Debt/Equity Ratio | 79.1% |
How did PMRE.F perform over the long term?
See historical performance and comparisonDividends
6.4%
Current Dividend Yield50%
Payout RatioDoes PMRE.F pay a reliable dividends?
See PMRE.F dividend history and benchmarks| Primaris Real Estate Investment Trust dividend dates | |
|---|---|
| Ex Dividend Date | Apr 29 2024 |
| Dividend Pay Date | May 15 2024 |
| Days until Ex dividend | 1 day |
| Days until Dividend pay date | 15 days |
Does PMRE.F pay a reliable dividends?
See PMRE.F dividend history and benchmarks