TSE:REI.UN

RioCan Real Estate Investment Trust (REI.UN) Stock Price, News & Analysis

C$17.64
-0.39 (-2.16%)
(As of 05/7/2024 ET)
Today's Range
C$17.64
C$18.02
50-Day Range
C$17.44
C$18.90
52-Week Range
C$16.32
C$20.85
Volume
866,922 shs
Average Volume
795,601 shs
Market Capitalization
C$5.30 billion
P/E Ratio
135.69
Dividend Yield
6.29%
Price Target
C$21.21
REI.UN stock logo

About RioCan Real Estate Investment Trust Stock (TSE:REI.UN)

RioCan is one of Canada's largest real estate investment trusts with a total enterprise value of approximately $13.2 billion as at December 31, 2018. 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. Our portfolio is comprised of 233 properties, including 16 development properties, with an aggregate net leasable area of approximately 38.7 million square feet.

REI.UN Stock Price History

REI.UN Stock News Headlines

Elon Musk Secret Crypto Plot Exposed
Reports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.
RioCan Real Estate Investment Trust (RIOCF)
RioCan Real Estate Investment Trust Un
Elon Musk Secret Crypto Plot Exposed
Reports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.
Make $500/Month in Passive Income With Real Estate Stocks
Riocan REIT (REI_u)
RioCan posts second-quarter net income of $78.5-million
See More Headlines
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Industry, Sector and Symbol

Industry
REIT - Retail
Sub-Industry
N/A
Current Symbol
TSE:REI.UN
CIK
N/A
Fax
N/A
Employees
585
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$21.21
High Stock Price Target
C$23.00
Low Stock Price Target
C$19.00
Potential Upside/Downside
+20.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
C$38.80 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$1.18 billion
Cash Flow
C$0.16 per share
Book Value
C$24.75 per share

Miscellaneous

Free Float
N/A
Market Cap
C$5.30 billion
Optionable
Not Optionable
Beta
1.26
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REI.UN Stock Analysis - Frequently Asked Questions

Should I buy or sell RioCan Real Estate Investment Trust stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RioCan Real Estate Investment Trust in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" REI.UN shares.
View REI.UN analyst ratings
or view top-rated stocks.

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

6 equities research analysts have issued twelve-month price targets for RioCan Real Estate Investment Trust's shares. Their REI.UN share price targets range from C$19.00 to C$23.00. On average, they anticipate the company's share price to reach C$21.21 in the next year. This suggests a possible upside of 20.3% from the stock's current price.
View analysts price targets for REI.UN
or view top-rated stocks among Wall Street analysts.

How have REI.UN shares performed in 2024?

RioCan Real Estate Investment Trust's stock was trading at C$18.62 at the beginning of 2024. Since then, REI.UN shares have decreased by 5.3% and is now trading at C$17.64.
View the best growth stocks for 2024 here
.

Is RioCan Real Estate Investment Trust a good dividend stock?

RioCan Real Estate Investment Trust (TSE:REI.UN) pays an annual dividend of C$1.11 per share and currently has a dividend yield of 6.04%. REI.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 853.85%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for REI.UN.

What ETFs hold RioCan Real Estate Investment Trust's stock?

ETFs with the largest weight of RioCan Real Estate Investment Trust (TSE:REI.UN) stock in their portfolio include Invesco Real Assets ESG ETF (IVRA), Neuberger Berman Global Real Estate ETF (NBGR) and Invesco MSCI Green Building ETF (GBLD).iShares International Developed Real Estate ETF (IFGL).

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

Shares of REI.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:REI.UN) was last updated on 5/7/2024 by MarketBeat.com Staff

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