What is RioCan Real Estate Investment Trust's stock price target for 2024?

0 Wall Street research analysts have issued 1-year target prices for RioCan Real Estate Investment Trust's stock. Their RIOCF share price targets range from $23.00 to $23.00. On average, they predict the company's share price to reach $23.00 in the next year. This suggests a possible upside of 79.7% from the stock's current price. View analysts price targets for RIOCF or view top-rated stocks among Wall Street analysts .

How have RIOCF shares performed in 2024?

RioCan Real Estate Investment Trust's stock was trading at $14.06 at the beginning of the year. Since then, RIOCF shares have decreased by 9.0% and is now trading at $12.8010. View the best growth stocks for 2024 here .

Are investors shorting RioCan Real Estate Investment Trust?

RioCan Real Estate Investment Trust saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 4,087,900 shares, an increase of 25.4% from the February 29th total of 3,260,500 shares. Based on an average trading volume of 39,400 shares, the short-interest ratio is currently 103.8 days. View RioCan Real Estate Investment Trust's Short Interest .

When is RioCan Real Estate Investment Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our RIOCF earnings forecast .

How often does RioCan Real Estate Investment Trust pay dividends? What is the dividend yield for RioCan Real Estate Investment Trust?

RioCan Real Estate Investment Trust announced a dividend on Saturday, April 20th. Shareholders of record on Tuesday, April 30th will be given a dividend of $0.0672 per share on Tuesday, May 7th. This represents a yield of 6.29%. The ex-dividend date of this dividend is Monday, April 29th. Read our dividend analysis for RIOCF .

Is RioCan Real Estate Investment Trust a good dividend stock?

RioCan Real Estate Investment Trust (OTCMKTS:RIOCF) pays an annual dividend of $1.41 per share and currently has a dividend yield of 5.49%. RIOCF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 57.26%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for RIOCF .

How do I buy shares of RioCan Real Estate Investment Trust?

Shares of RIOCF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

OTCMKTS:RIOCF

RioCan Real Estate Investment Trust (RIOCF) Stock Price, News & Analysis

→ SHOCKING Crypto Leak… (From Crypto 101 Media) (Ad)

Free RIOCF Stock Alerts

$12.80

-0.02 (-0.15%)

(As of 04/19/2024 05:38 PM ET)

Compare

Today's Range: $12.80
▼
$12.91
50-Day Range: $12.70
▼
$13.82
52-Week Range: $11.50
▼
$16.06

Volume: 60,091 shs
Average Volume: 51,524 shs
Market Capitalization: N/A

P/E Ratio: 5.20
Dividend Yield: 11.01%
Price Target: $23.00

Stock Analysis Analyst Forecasts Chart Dividend Headlines Short Interest

Get RioCan Real Estate Investment Trust alerts:

RioCan Real Estate Investment Trust MarketRank™ Stock Analysis

Analyst Rating: 0.00 Rating Score
Upside/Downside: 79.7% Upside
$23.00 Price Target
Short Interest: Bearish
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.51
Based on 3 Articles This Week
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.

0.60 out of 5 stars

2.0

Analyst's Opinion

Amount of Analyst Coverage
RioCan Real Estate Investment Trust has received no research coverage in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
RioCan Real Estate Investment Trust has a short interest ratio ("days to cover") of 57.1, which indicates bearish sentiment.
Change versus previous month
Short interest in RioCan Real Estate Investment Trust has recently increased by 0.40%, indicating that investor sentiment is decreasing.

2.5

Dividend Strength

Dividend Leadership
RioCan Real Estate Investment Trust is a leading dividend payer. It pays a dividend yield of 5.49%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
RioCan Real Estate Investment Trust does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of RioCan Real Estate Investment Trust is 57.26%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for RIOCF.

2.0

News and Social Media Coverage

News Sentiment
RioCan Real Estate Investment Trust has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Real Estate companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for RioCan Real Estate Investment Trust this week, compared to 0 articles on an average week.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, RioCan Real Estate Investment Trust insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 33.63% of the stock of RioCan Real Estate Investment Trust is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of RioCan Real Estate Investment Trust is 5.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.79.
Price to Earnings Ratio vs. Sector
The P/E ratio of RioCan Real Estate Investment Trust is 5.20, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 202.14.

See Top Rated MarketRank™ Stocks Here

Ad Crypto 101 Media

SHOCKING Crypto Leak…

A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.

Claim your free seat by clicking here now.

About RioCan Real Estate Investment Trust Stock (OTCMKTS:RIOCF)

RioCan is one of Canada's largest real estate investment trusts. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at December 31, 2023, our portfolio is comprised of 188 properties with an aggregate net leasable area of approximately 32.6 million square feet (at RioCan's interest) including office, residential rental and 9 development properties.

RIOCF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

RIOCF Stock News Headlines

April 16, 2024 | msn.com

RioCan Real Estate Investment Trust declares CAD 0.0925 monthly dividend

April 15, 2024 | businesswire.com

RioCan Real Estate Investment Trust Announces April 2024 Distribution

April 20, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

April 1, 2024 | finance.yahoo.com

RioCan Real Estate Investment Trust Schedules First Quarter 2024 Earnings Release, Conference Call and Webcast

March 28, 2024 | businesswire.com

RioCan Real Estate Investment Trust Completes Issuance of an Additional $150 Million of Series AJ Senior Unsecured Debentures

March 25, 2024 | finance.yahoo.com

RioCan Real Estate Investment Trust Announces Offering of an Additional $150 million of Series AJ Senior Unsecured Debentures

March 15, 2024 | businesswire.com

RioCan Real Estate Investment Trust Announces March 2024 Distribution

February 16, 2024 | morningstar.com

Riocan Real Estate Investment Trust RIOCF

April 20, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

February 16, 2024 | markets.businessinsider.com

CIBC Reaffirms Their Buy Rating on RioCan Real Estate Investment (RIOCF)

February 14, 2024 | markets.businessinsider.com

Buy Rating Affirmed for RioCan REIT on Strong Growth and Positive Valuation Outlook

February 14, 2024 | msn.com

RioCan Real Estate Investment Trust reports Q4 results; initiates FY24 guidance

February 13, 2024 | finance.yahoo.com

RioCan Reports Fourth Quarter and Year End 2023 Results - FFO per Unit Growth Enables Annualized Distributions Increase of 2.8% to $1.11 Per Unit

February 13, 2024 | businesswire.com

RioCan Reports Fourth Quarter and Year End 2023 Results - FFO per Unit Growth Enables Annualized Distributions Increase of 2.8% to $1.11 Per Unit

January 19, 2024 | finance.yahoo.com

RioCan REIT Opens the Market

January 15, 2024 | tmcnet.com

RioCan Real Estate Investment Trust Announces January 2024 Distribution

December 15, 2023 | tmcnet.com

RioCan Real Estate Investment Trust Announces December 2023 Distribution

December 1, 2023 | markets.businessinsider.com

Balancing Act: Hold Rating on RioCan Amidst Operational Strengths and Financial Cautions

November 15, 2023 | benzinga.com

RioCan Real Estate Investment Trust Announces November 2023 Distribution

November 4, 2023 | markets.businessinsider.com

Scotiabank Keeps Their Buy Rating on RioCan Real Estate Investment (RIOCF)

November 3, 2023 | msn.com

RioCan Real Estate Investment Trust reports Q3 results; reaffirms FY23 guidance

October 16, 2023 | tmcnet.com

RioCan Real Estate Investment Trust Announces October 2023 Distribution

October 4, 2023 | markets.businessinsider.com

RioCan Real Estate Investment (RIOCF) Gets a Buy from Desjardins

October 2, 2023 | barrons.com

RioCan Real Estate Investment Trust Schedules Third Quarter 2023 Earnings Release, Conference Call and Webcast

September 15, 2023 | finance.yahoo.com

RioCan Real Estate Investment Trust Announces September 2023 Distribution

August 31, 2023 | finance.yahoo.com

Riocan Real Estate Investment Trust (R7G.MU)

August 8, 2023 | msn.com

RioCan REIT: Moving Slowly To Our Target

See More Headlines

Receive RIOCF Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for RioCan Real Estate Investment Trust and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 4/5 Dividend: 3/27/2024
Dividend Payable: 4/05/2024
Today: 4/20/2024
Ex-Dividend for 5/7 Dividend: 4/29/2024
Dividend Payable: 5/07/2024
Next Earnings (Estimated): 5/08/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Real Estate
Industry: REIT - Retail
Sub-Industry: N/A
Current Symbol: OTCMKTS:RIOCF
CUSIP: N/A
CIK: N/A
Web: www.riocan.com
Phone: (416) 866-3033
Fax: N/A
Employees: 568
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $23.00
High Stock Price Target: $23.00
Low Stock Price Target: $23.00
Potential Upside/Downside: +79.7%
Consensus Rating
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 5.20
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

(Almost) Everything You Need To Know About The EV Market

Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.

Get This Free Report

Key Executives

Mr. Jonathan Gitlin (Age 50)
President, CEO & Non-Independent Trustee
Comp: $1.56M
Mr. Dennis Blasutti
Chief Financial Officer
Dr. John Ballantyne Ph.D.
Chief Operating Officer
Mr. Andrew Duncan
Chief Investment Officer
Ms. Jennifer Suess
Senior VP of ESG, General Counsel & Corporate Secretary
Kim Lee
Vice President of Investor Relations
Ms. Terri Andrianopoulos
Senior Vice President of People & Brand
Mr. Jeff Ross
Senior Vice President of Leasing & Tenant Construction
Mr. Oliver Harrison
Senior Vice President of Leasing & Tenant Experience
Ms. Franca Smith
Senior Vice President of Finance

Key Competitors

View All Competitors

RIOCF Stock Analysis - Frequently Asked Questions

What is RioCan Real Estate Investment Trust's stock price target for 2024?: 0 Wall Street research analysts have issued 1-year target prices for RioCan Real Estate Investment Trust's stock. Their RIOCF share price targets range from $23.00 to $23.00. On average, they predict the company's share price to reach $23.00 in the next year. This suggests a possible upside of 79.7% from the stock's current price.
View analysts price targets for RIOCF or view top-rated stocks among Wall Street analysts.
How have RIOCF shares performed in 2024?: RioCan Real Estate Investment Trust's stock was trading at $14.06 at the beginning of the year. Since then, RIOCF shares have decreased by 9.0% and is now trading at $12.8010.
View the best growth stocks for 2024 here.
Are investors shorting RioCan Real Estate Investment Trust?: RioCan Real Estate Investment Trust saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 4,087,900 shares, an increase of 25.4% from the February 29th total of 3,260,500 shares. Based on an average trading volume of 39,400 shares, the short-interest ratio is currently 103.8 days.
View RioCan Real Estate Investment Trust's Short Interest.
When is RioCan Real Estate Investment Trust's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our RIOCF earnings forecast.

How often does RioCan Real Estate Investment Trust pay dividends? What is the dividend yield for RioCan Real Estate Investment Trust?: RioCan Real Estate Investment Trust announced a dividend on Saturday, April 20th. Shareholders of record on Tuesday, April 30th will be given a dividend of $0.0672 per share on Tuesday, May 7th. This represents a yield of 6.29%. The ex-dividend date of this dividend is Monday, April 29th.
Read our dividend analysis for RIOCF.
Is RioCan Real Estate Investment Trust a good dividend stock?: RioCan Real Estate Investment Trust (OTCMKTS:RIOCF) pays an annual dividend of $1.41 per share and currently has a dividend yield of 5.49%. RIOCF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 57.26%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for RIOCF.
How do I buy shares of RioCan Real Estate Investment Trust?: Shares of RIOCF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:RIOCF) was last updated on 4/20/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

RioCan Real Estate Investment Trust (RIOCF) Stock Price, News & Analysis

RioCan Real Estate Investment Trust MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About RioCan Real Estate Investment Trust Stock (OTCMKTS:RIOCF)

RIOCF Stock Price History

RIOCF Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

RIOCF Stock Analysis - Frequently Asked Questions

Overall MarketRank^™