View the latest REI.UN stock quote and chart on MSN Money. The P/E ratio of RioCan Real Estate Investment Trust is 294.10, which means that it is trading at a more expensive P/E ratio than the Real Estate sector average P/E ratio of about 72.12. 326 E 8th St #105, Sioux Falls, SD 57103 | [email protected] | (844) 978-6257 Question is will people and tenants come back. TorQuest Partners said to be near deal to buy Canada's VersaGold . 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. RioCan Real Estate Investment Trust trades on the Toronto Stock Exchange (TSX) under the ticker symbol "REI.UN.". Cracks in real estate market fail to rattle Canada's big banks. to the stock experts' signals. A very difficult environment for malls as growth in sales is not there. RioCan Real Estate Investment Trust is a leading dividend payer. View which stocks have been most impacted by COVID-19. recommended to BUY the stock. On 2020-12-16, RioCan Real Estate Investment (REI.UN-T) Riocan Real Estate Investment Trust is a Canadian real estate investment trust which owns, develops, and operates Canada's portfolio of retail-focused, increasingly mixed-use properties. It is a trending stock that is worth watching. A well-managed company. Identify stocks that meet your criteria using seven unique stock screeners. Yes, retail has been pressured during Covid, but the selling of REI is overdone. Learn everything you need to know about successful options trading with this three-part video course. Get the latest stock price for RioCan Real Estate Investment Trust Trust Units (REI.UN), plus the latest news, recent trades, charting, insider activity, and analyst ratings. If they're right this time around, hold on to your hat... 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Some companies that are related to RioCan Real Estate Investment Trust include Choice Properties Real Est Invstmnt Trst (CHP.UN), SmartCentres Real Estate Investment Trst (SRU.UN), CT Real Estate Investment Trust (CRT.UN), British Land Company Plc (BLND.L) (BLND), SITE Centers (SITC), Shaftesbury PLC (SHB.L) (SHB), Hammerson plc (HMSO.L) (HMSO), Slate Retail REIT (SRT.UN), Plaza Retail REIT (PLZ.UN), Supermarket Income REIT plc (SUPR.L) (SUPR), NewRiver REIT plc (NRR.L) (NRR), Capital & Regional Plc (CAL.L) (CAL), Intu Properties (INTU), HMG/Courtland Properties (HMG) and The Local Shopping REIT PLC (LSR.L) (LSR). These stocks are … Read the latest stock experts' ratings for RioCan Real Estate Investment. They have tried to diversify more into residential markets. View our full suite of financial calendars and market data tables, all for free. They have put up other kinds of real estate within their malls. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings. Read the latest stock experts ratings for RioCan Real Estate Investment. A 5-star represents a belief that the stock is a good value at its current price; a 1-star stock isn't. recommended to SELL the stock. If you are looking for stocks with good return, RioCan Real Estate Investment Trust stock can be a bad, high-risk 1-year investment option. RioCan Real Estate Investment is a Canadian stock, trading under the symbol Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter. RioCan Real Estate Investment Trust is the second-largest real estate investment trust in Canada. The recovery will not be smooth. Sign-up to receive the latest news and ratings for REI.UN and its competitors with MarketBeat's FREE daily newsletter. The real estate investment trust can be reached via phone at +1-416-8663033. RioCan Real Estate Investment Trust real time quote is equal to 13.570 USD at 2020-12-13, but your current investment may be devalued in the future. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." See what's happening in the market right now with MarketBeat's real-time news feed. Stay away. The CEO says the dividend is safe and will stay that way. Do Not Sell My Information. They have a mall with one big client, and then a lot of smaller ones whose future is uncertain. Dec 14, 2020 04:15 PM Pricing delayed 20 minutes More > Plus > Email Alerts . The move comes after RioCan's CEO pledged to preserve the distribution earlier this year. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. View all competitors. 15 stock analysts on Stockchase covered RioCan Real Estate Investment In the last year. RioCan is one of Canada’s largest real estate investment trusts. RioCan CEO says real estate industry's norms have turned upside-down. Read stock experts’ recommendations If our base-case assumptions are true the market price will converge on our fair value estimate over time, generally within three years. problem with the site, feel free to email us at : RioCan Real Estate Investment Trust's stock was trading at C$23.72 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, REI.UN stock has decreased by 24.4% and is now trading at C$17.94. One share of REI.UN stock can currently be purchased for approximately C$17.94. H&R has an even more drastic discount, trading at about 0.42, or less than half, of its stated book value. Vote “Outperform” if you believe REI.UN will outperform the S&P 500 over the long term. Their difficulty is the retail spaces and all the variable that will influence its future value. help us fix any errors. There was some insider buying at RioCan Real Estate Investment Trust over the last quarter. RioCan Real Estate Investment Trust Insiders Bought Stock Recently. RioCan Real Estate Investment Trust's mailing address is RioCan Yonge Eglinton Centre 2300 Yonge Street, Suite 500, Box 2386, TORONTO, ON M4P 1E4, Canada. Stockchase rating for RioCan Real Estate Investment is calculated according Read the latest stock experts ratings for RioCan Real Estate Investment. A high-level overview of RioCan Real Estate Investment Trust (RIOCF) stock. © 2020 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. RioCan Real Estate Investment Trust does not have a long track record of dividend growth. Stock analysis for RioCan Real Estate Investment Trust (REI-U:Toronto) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Since then, REI.UN shares have decreased by 24.8% and is now trading at C$17.83. Get daily stock ideas top-performing Wall Street analysts. They have done a very good job. RioCan trades at about 0.62 times its stated book value. Hudson's Bay real estate IPO unlikely any time soon, says RioCan CEO North America's oldest company is under pressure from an activist investor to get cash from its real estate assets or take action to boost income from them July 21, 2017 Retail & Marketing Why the economics of building new apartments in Toronto just got worse To see all exchange delays and terms of use please see disclaimer. Want to see which stocks are moving? The latest stock analyst recommendation is DON'T BUY. TORONTO, Nov. 13, 2020 (GLOBE NEWSWIRE) - RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 12 cents per unit … View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Their forecasts range from C$17.50 to C$22.00. 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. The Trust owns and manages Canada's portfolio of shopping centers with ownership interests in a portfolio of 230 properties with an aggregate net leasable area (NLA) of approximately 39.1 million square feet, including residential rental and 13 development properties. RioCan Real Estate Investment Trust (RioCan) is a Canada-based closed-end real estate investment trust. David Baskin on 2020-12-10. On average, they expect RioCan Real Estate Investment Trust's stock price to reach C$19.79 in the next year. Read the latest stock experts' ratings for RioCan Real Estate Investment. View which stocks are hot on social media with MarketBeat's trending stocks report. 12/04/2020 - 9:09 AM EST RioCan Real Estate Investment Trust is the second-largest real estate investment trust in Canada. Stock Quote: TSE. Pulling the dividend back to ride out difficult periods is a good idea. It pays a dividend yield of 7.97%, putting its dividend yield in the top 25% of dividend-paying stocks. We value your privacy. Volume 2,291,119. Blackstone REIT to buy Simply Self Storage from Brookfield for US$1.2 billion. Absent any further government relief the real estate asset classes he prefers holding are apartment buildings and US industrial warehousing. Fundamental company data provided by Morningstar and Zacks Investment Research. We paraphrase the experts by hand, we watch the shows and write down what we understood Dive deeper with interactive charts and top stories of RioCan Real Estate Investment Trust. They are building apartments, but they will likely be just 10% of their business. mostly recommend to buy the stock while a low score means RioCan Real Estate Investment Trust has only been the subject of 2 research reports in the past 90 days. What is RioCan Real Estate Investment stock price? 37 RioCan reviews. The official website for RioCan Real Estate Investment Trust is www.riocan.com. Looking for new stock ideas? It's stable short-term. RioCan Real Estate Investment Trust has received a consensus rating of Hold. Their 9% dividend will likely be cut, though. experts mostly recommend to sell the stock. Energy sector dividend plays, bargain stock hunting and RioCan’s payout cut: What you need to know in investing this week S.R. Their average twelve-month price target is C$19.79, predicting that the stock has a possible upside of 11.22%. Get short term trading ideas from the MarketBeat Idea Engine. analysts published opinions A high score means experts It has diversified to a certain extent. Has a growing portfolio outside retail that will add a lot of value. REI has done a great job to re-focus their portfolio within Canada's best markets. 6 analysts They now have a better portfolio, building multi-family units and executing well. Is Tuscan Holdings (NASDAQ: THCB) Stock a Viable QuantumScape (NASDAQ: QS) Sympathy EV Battery SPAC Play? The REIT's property portfolio includes shopping centers and mixed-use developments, with most of its properties located in Ontario, Canada. 6 Wall Street analysts have issued 1 year target prices for RioCan Real Estate Investment Trust's stock. Better value than BPY.UN. MarketBeat's community ratings are surveys of what our community members think about RioCan Real Estate Investment Trust and other stocks. The high price target for REI.UN is C$22.00 and the low price target for REI.UN is C$17.50. Learn more. 15 stock analysts He owns CAP, apartment buildings are terrific assets. It has an enterprise value of approximately $14 billion, and owns 289 primarily retail properties, with a net leasable area of 44 million square feet. 8 analysts Sign up for email alerts to stay up to date. 6 Wall Street analysts have issued ratings and price targets for RioCan Real Estate Investment Trust in the last 12 months. U.S. new-home sales fell slightly in September, remain elevated. Dividend paying stocks like RioCan Real Estate Investment Trust (TSE:REI.UN) tend to be popular with investors, and for good reason - some research shows that a significant amount of all stock market returns come from reinvested dividends. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. The dividend cut is a prudent move by REI. This suggests a possible upside of 10.3% from the stock's current price. It is usually referred to as Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab. On the other hand, Sharon Sallows sold CA$2.9k worth of shares. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. about REI.UN-T. (Add your “outperform” vote. RioCan Real Estate Investment Trust's management team includes the following people: This research firm has an uncanny track record spanning back to 1987. Trying to playing catch up, is succeeding some areas, others not. Bulk of their business is in retail, and that's the difficult part of the story. They do a fine job to concentrate on key markets in Canada. 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