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

0 brokerages have issued 12 month 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 expect the company's share price to reach $23.00 in the next year. This suggests a possible upside of 79.4% 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 stock has decreased by 8.8% and is now trading at $12.82. 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 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 daily volume of 39,400 shares, the days-to-cover ratio is presently 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 Thursday, March 21st. Stockholders of record on Thursday, March 28th will be paid a dividend of $0.0684 per share on Friday, April 5th. This represents a dividend yield of 6.18%. The ex-dividend date of this dividend is Wednesday, March 27th. This is an increase from the stock's previous dividend of $0.07. 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

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$12.82

+0.12 (+0.94%)

(As of 04/18/2024 ET)

Compare

Today's Range: $12.65
▼
$12.83
50-Day Range: $12.70
▼
$13.82
52-Week Range: $11.50
▼
$16.06

Volume: 74,041 shs
Average Volume: 51,409 shs
Market Capitalization: N/A

P/E Ratio: 5.21
Dividend Yield: 11.00%
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: 79.4% Upside
$23.00 Price Target
Short Interest: Bearish
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.51
Based on 2 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 2 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 5.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.77.
Price to Earnings Ratio vs. Sector
The P/E ratio of RioCan Real Estate Investment Trust is 5.21, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 210.62.

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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 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

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 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

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

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Company Calendar

Ex-Dividend for 3/7 Dividend: 2/28/2024
Dividend Payable: 3/07/2024
Ex-Dividend for 4/5 Dividend: 3/27/2024
Dividend Payable: 4/05/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/08/2024

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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: +79.4%
Consensus Rating
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 5.21
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

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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 brokerages have issued 12 month 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 expect the company's share price to reach $23.00 in the next year. This suggests a possible upside of 79.4% 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 stock has decreased by 8.8% and is now trading at $12.82.
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 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 daily volume of 39,400 shares, the days-to-cover ratio is presently 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 Thursday, March 21st. Stockholders of record on Thursday, March 28th will be paid a dividend of $0.0684 per share on Friday, April 5th. This represents a dividend yield of 6.18%. The ex-dividend date of this dividend is Wednesday, March 27th. This is an increase from the stock's previous dividend of $0.07.
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 4/19/2024 by MarketBeat.com Staff

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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^™