Should I buy or sell H&R Real Estate Investment Trust stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for H&R Real Estate Investment Trust in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" HR.UN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HR.UN, but not buy additional shares or sell existing shares. View HR.UN analyst ratings or view top-rated stocks .

What is H&R Real Estate Investment Trust's stock price target for 2024?

5 brokers have issued 1-year target prices for H&R Real Estate Investment Trust's shares. Their HR.UN share price targets range from C$10.50 to C$13.50. On average, they anticipate the company's share price to reach C$11.60 in the next twelve months. This suggests a possible upside of 28.9% from the stock's current price. View analysts price targets for HR.UN or view top-rated stocks among Wall Street analysts .

How have HR.UN shares performed in 2024?

H&R Real Estate Investment Trust's stock was trading at C$9.90 at the start of the year. Since then, HR.UN stock has decreased by 9.1% and is now trading at C$9.00. View the best growth stocks for 2024 here .

Is H&R Real Estate Investment Trust a good dividend stock?

H&R Real Estate Investment Trust (TSE:HR.UN) pays an annual dividend of C$0.60 per share and currently has a dividend yield of 6.56%. HR.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 260.87%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for HR.UN .

How do I buy shares of H&R Real Estate Investment Trust?

Shares of HR.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 .

TSE:HR.UN

H&R Real Estate Investment Trust (HR.UN) Stock Price, News & Analysis

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C$9.00

-0.04 (-0.44%)

(As of 04:17 PM ET)

Compare

Today's Range: C$8.92
▼
C$9.05
50-Day Range: C$8.68
▼
C$9.80
52-Week Range: C$8.47
▼
C$12.48

Volume: 311,790 shs
Average Volume: 448,625 shs
Market Capitalization: C$2.36 billion

P/E Ratio: 39.13
Dividend Yield: 6.67%
Price Target: C$11.60

Stock Analysis Analyst Forecasts Chart Competitors Headlines Insider Trades

Get H&R Real Estate Investment Trust alerts:

H&R Real Estate Investment Trust MarketRank™ Stock Analysis

Analyst Rating: Hold
2.40 Rating Score
Upside/Downside: 28.9% Upside
C$11.60 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.

1.70 out of 5 stars

3.2

Analyst's Opinion

Consensus Rating
H&R Real Estate Investment Trust has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
H&R Real Estate Investment Trust has only been the subject of 2 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for HR.UN.

1.7

Dividend Strength

Dividend Leadership
H&R Real Estate Investment Trust is a leading dividend payer. It pays a dividend yield of 6.56%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
H&R Real Estate Investment Trust does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of H&R Real Estate Investment Trust is 260.87%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

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

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for H&R Real Estate Investment Trust this week, compared to 0 articles on an average week.
MarketBeat Follows
1 people have added H&R Real Estate Investment Trust to their MarketBeat watchlist in the last 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, H&R Real Estate Investment Trust insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.89% of the stock of H&R Real Estate Investment Trust is held by insiders.
Percentage Held by Institutions
Only 24.67% of the stock of H&R Real Estate Investment Trust is held by institutions.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of H&R Real Estate Investment Trust is 39.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.71.
Price to Earnings Ratio vs. Sector
The P/E ratio of H&R Real Estate Investment Trust is 39.13, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 205.92.
Price to Book Value per Share Ratio
H&R Real Estate Investment Trust has a P/B Ratio of 0.45. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About H&R Real Estate Investment Trust Stock (TSE:HR.UN)

H&R REIT is one of Canada's largest real estate investment trusts with total assets of approximately $14.5 billion at March 31, 2019. H&R REIT has ownership interests in a North American portfolio of high quality office, retail, industrial and residential properties comprising over 43 million square feet.

HR.UN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

HR.UN Stock News Headlines

April 12, 2024 | ca.finance.yahoo.com

H&R Announces Date of First Quarter 2024 Earnings Release, Conference Call and Webcast and Declares April 2024 Distribution

March 15, 2024 | theglobeandmail.com

H&R REIT may be undervalued, but it’s still a ‘show-me’ story

April 16, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

February 28, 2024 | ca.finance.yahoo.com

H&R Completes $250MM Senior Unsecured Debenture Financing

February 20, 2024 | finance.yahoo.com

H&R REIT CREATES LANTOWER REAL ESTATE DEVELOPMENT TRUST IPO FOR TWO FLORIDA PROJECTS

February 15, 2024 | finance.yahoo.com

H&R Real Estate Investment Trust (TSE:HR.UN) shareholders have endured a 27% loss from investing in the stock five years ago

February 3, 2024 | morningstar.com

H&R Real Estate Investment Trust Stapled Units Cons of 1 H&R REIT Ut ' 1 H&

November 16, 2023 | seekingalpha.com

H&R REIT: 6.6% Yielder Offers Compelling Value For Risk-Adjusted Returns

April 16, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

November 14, 2023 | msn.com

H&R Real Estate Investment Trust FFO of C$0.42

October 25, 2023 | finance.yahoo.com

H&R Real Estate Investment Trust (HR3A.SG)

October 18, 2023 | ca.finance.yahoo.com

H&R Announces Date of Third Quarter 2023 Earnings Release, Conference Call and Webcast and Declares October 2023 Distribution

August 21, 2023 | ca.finance.yahoo.com

H&R REIT Announces Receipt of Final Instalment of $180 Million First Mortgage Proceeds Related to 160 Elgin Sale

August 3, 2023 | theglobeandmail.com

Closing Bell: H&R Real Estate Inv Trust flat on Thursday (HR-UN)

May 17, 2023 | finance.yahoo.com

H&R Real Estate Investment Trust (HR3A.BE)

May 12, 2023 | theglobeandmail.com

Closing Bell: H&R Real Estate Inv Trust flat on Friday (HR-UN)

April 25, 2023 | theglobeandmail.com

H&R REIT calls truce with activist hedge fund, appoints two directors who were not on proposed slate

April 20, 2023 | finance.yahoo.com

H&R REIT Announces Closing of Strategic Sale of $277 million Ottawa office property

April 15, 2023 | theglobeandmail.com

Closing Bell: H&R Real Estate Inv Trust down on Friday (HR-UN)

April 12, 2023 | theglobeandmail.com

Closing Bell: H&R Real Estate Inv Trust up on Wednesday (HR-UN)

April 12, 2023 | theglobeandmail.com

Closing Bell: H&R Real Estate Inv Trust down on Tuesday (HR-UN)

April 6, 2023 | theglobeandmail.com

Closing Bell: H&R Real Estate Inv Trust down on Wednesday (HR-UN)

April 4, 2023 | finance.yahoo.com

H&R Acknowledges Receipt of Four Trustee Nominees from Unitholder

March 29, 2023 | finance.yahoo.com

Investing in H&R Real Estate Investment Trust (TSE:HR.UN) three years ago would have delivered you a 118% gain

January 26, 2023 | fool.ca

Why High-Yield REITs Are Due for a Comeback in 2023

January 25, 2023 | fool.ca

3 REITs With the Safest Yields for 2023

November 15, 2022 | finance.yahoo.com

H&R REIT Reports Strong Third Quarter 2022 Results and Announces 9% Distribution Increase Commencing in January 2023

See More Headlines

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Real Estate
Industry: REIT - Diversified
Sub-Industry: N/A
Current Symbol: TSE:HR.UN
CUSIP: N/A
CIK: N/A
Web: www.hr-reit.com
Phone: +1-416-6357520
Fax: N/A
Employees: 728
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$11.60
High Stock Price Target: C$13.50
Low Stock Price Target: C$10.50
Potential Upside/Downside: +29.2%
Consensus Rating: Hold
Rating Score (0-4): 2.40
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.23
Trailing P/E Ratio: 39.04
Forward P/E Ratio: 7.01
P/E Growth: N/A
Net Income: C$61.69 million
Net Margins: 6.83%
Pretax Margin: N/A
Return on Equity: 1.15%
Return on Assets: 3.26%

Debt

Debt-to-Equity Ratio: 75.00
Current Ratio: 0.64
Quick Ratio: 0.19

Sales & Book Value

Annual Sales: C$903.63 million
Price / Sales: 2.60
Cash Flow: C$0.29 per share
Price / Cash Flow: 31.20
Book Value: C$19.83 per share
Price / Book: 0.45

Miscellaneous

Outstanding Shares: 261,870,000
Free Float: N/A
Market Cap: C$2.35 billion
Optionable: Not Optionable
Beta: 1.96

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Key Executives

Mr. Thomas J. Hofstedter (Age 65)
Pres, CEO & Trustee
Mr. Larry Froom
Chief Financial Officer
Mr. Nathan Uhr
Chief Operating Officer
Ms. Robyn Kestenberg
Exec. VP of Corp. Devel.
Mr. Patrick James Sullivan (Age 48)
Chief Operating Officer of Primaris Management Inc.

Key Competitors

View All Competitors

HR.UN Stock Analysis - Frequently Asked Questions

Should I buy or sell H&R Real Estate Investment Trust stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for H&R Real Estate Investment Trust in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" HR.UN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HR.UN, but not buy additional shares or sell existing shares.
View HR.UN analyst ratings or view top-rated stocks.
What is H&R Real Estate Investment Trust's stock price target for 2024?: 5 brokers have issued 1-year target prices for H&R Real Estate Investment Trust's shares. Their HR.UN share price targets range from C$10.50 to C$13.50. On average, they anticipate the company's share price to reach C$11.60 in the next twelve months. This suggests a possible upside of 28.9% from the stock's current price.
View analysts price targets for HR.UN or view top-rated stocks among Wall Street analysts.
How have HR.UN shares performed in 2024?: H&R Real Estate Investment Trust's stock was trading at C$9.90 at the start of the year. Since then, HR.UN stock has decreased by 9.1% and is now trading at C$9.00.
View the best growth stocks for 2024 here.

Is H&R Real Estate Investment Trust a good dividend stock?: H&R Real Estate Investment Trust (TSE:HR.UN) pays an annual dividend of C$0.60 per share and currently has a dividend yield of 6.56%. HR.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 260.87%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for HR.UN.
How do I buy shares of H&R Real Estate Investment Trust?: Shares of HR.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:HR.UN) was last updated on 4/16/2024 by MarketBeat.com Staff

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H&R Real Estate Investment Trust (HR.UN) Stock Price, News & Analysis

H&R Real Estate Investment Trust MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About H&R Real Estate Investment Trust Stock (TSE:HR.UN)

HR.UN Stock Price History

HR.UN Stock News Headlines

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

HR.UN Stock Analysis - Frequently Asked Questions

Overall MarketRank^™