S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
TSE:SRU.UN

SmartCentres Real Estate Investment Trst (SRU.UN) Stock Price, News & Analysis

C$23.23
+0.11 (+0.48%)
(As of 03/28/2024 ET)
Today's Range
C$23.05
C$23.28
50-Day Range
C$22.55
C$25.11
52-Week Range
C$20.67
C$27.03
Volume
351,038 shs
Average Volume
298,172 shs
Market Capitalization
C$3.36 billion
P/E Ratio
9.56
Dividend Yield
7.96%
Price Target
C$27.00

SmartCentres Real Estate Investment Trst MarketRank™ Stock Analysis

Analyst Rating
Hold
2.29 Rating Score
Upside/​Downside
16.2% Upside
C$27.00 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.97 out of 5 stars

SRU.UN stock logo

About SmartCentres Real Estate Investment Trst Stock (TSE:SRU.UN)

SmartCentres is one of Canada's largest real estate investment trusts with total assets of approximately $9.5 billion. It owns and manages 34 million square feet of retail space in value-oriented, principally Walmart-anchored retail centres, having the strongest national and regional retailers as well as strong neighbourhood merchants. In addition, SmartCentres is a joint-venture partner in the Premium Outlets locations in Toronto and Montreal with Simon Property Group. SmartCentres is expanding the breadth of its portfolio to include residential (single-family, condominium and rental), retirement homes, office, and self-storage, either on its large urban properties such as the Vaughan Metropolitan Centre or as an adjunct to its well-located existing shopping centres.

SRU.UN Stock Price History

SRU.UN Stock News Headlines

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SmartCentres Declares Distribution for January 2024
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SmartCentres Declares Distribution for October 2023
TFSA 101: Earn $511 Per Month Tax-Free
See More Headlines
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Industry, Sector and Symbol

Industry
REIT - Retail
Sub-Industry
N/A
Current Symbol
TSE:SRU.UN
Previous Symbol
TSE:CWT.UN
CIK
N/A
Fax
N/A
Employees
337
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$27.00
High Stock Price Target
C$30.00
Low Stock Price Target
C$24.50
Potential Upside/Downside
+16.2%
Consensus Rating
Hold
Rating Score (0-4)
2.29
Research Coverage
7 Analysts

Profitability

Net Income
C$413.70 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$929.40 million
Cash Flow
C$0.11 per share
Book Value
C$36.46 per share

Miscellaneous

Free Float
N/A
Market Cap
C$3.36 billion
Optionable
Not Optionable
Beta
1.24
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Key Executives

  • Mr. Mitchell Goldhar (Age 57)
    Exec. Chair of Board of Trustees
  • Mr. Peter Forde CPA (Age 64)
    CA, Pres & CEO
  • Mr. Peter E. Sweeney (Age 55)
    Chief Financial Officer
  • Mr. Rudy Gobin (Age 57)
    Exec. VP of Portfolio Management & Investments
  • Mr. Mauro Pambianchi (Age 67)
    Chief Devel. Officer

SRU.UN Stock Analysis - Frequently Asked Questions

Should I buy or sell SmartCentres Real Estate Investment Trst stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SmartCentres Real Estate Investment Trst in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" SRU.UN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SRU.UN, but not buy additional shares or sell existing shares.
View SRU.UN analyst ratings
or view top-rated stocks.

What is SmartCentres Real Estate Investment Trst's stock price target for 2024?

7 brokerages have issued 12-month target prices for SmartCentres Real Estate Investment Trst's shares. Their SRU.UN share price targets range from C$24.50 to C$30.00. On average, they expect the company's stock price to reach C$27.00 in the next year. This suggests a possible upside of 16.2% from the stock's current price.
View analysts price targets for SRU.UN
or view top-rated stocks among Wall Street analysts.

How have SRU.UN shares performed in 2024?

SmartCentres Real Estate Investment Trst's stock was trading at C$24.89 at the beginning of the year. Since then, SRU.UN stock has decreased by 6.7% and is now trading at C$23.23.
View the best growth stocks for 2024 here
.

Is SmartCentres Real Estate Investment Trst a good dividend stock?

SmartCentres Real Estate Investment Trst (TSE:SRU.UN) pays an annual dividend of C$1.85 per share and currently has a dividend yield of 8.04%. SRU.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 76.13%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for SRU.UN.

How do I buy shares of SmartCentres Real Estate Investment Trst?

Shares of SRU.UN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:SRU.UN) was last updated on 3/29/2024 by MarketBeat.com Staff

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