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RioCan Real Estate Investment Trust (RIOCF)
OTHER OTC:RIOCF
RESEARCH TOOLSreports
RioCan Real Estate Investment (RIOCF) Stock Price & Analysis
153 Followers
RIOCF Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.98 - $15.18
Previous Close$12.4
Volume1.23K
Average Volume (3M)59.73K
Market Cap
$3.73B
Enterprise Value$8.81B
Total Cash (Recent Filing)C$44.68M
Total Debt (Recent Filing)C$7.03B
Price to Earnings (P/E)99.4
Beta1.07
Next Earnings
Aug 08, 2024EPS EstimateN/A
Last Dividend Ex-Date
Jun 28, 2024Dividend Yield6.54%
Share Statistics
EPS (TTM)0.12
Shares Outstanding300,460,000
10 Day Avg. Volume65,973
30 Day Avg. Volume59,734
Standard Deviation0.09
R-Squared0.46
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)0.66
Price to Sales (P/S)3.19
Price to Cash Flow (P/CF)14.00
P/FCF Ratio18.50
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$14.85Price Target Upside18.42% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
RioCan Real Estate Investment News
PremiumCompany Announcements
RioCan Announces Trustee Elections and Auditor ApprovalPremiumCompany Announcements
RioCan Completes $300M Debenture Offering
PremiumCompany Announcements
RioCan Launches $300M Debenture Offering
PremiumCompany Announcements
RioCan REIT Reports Strong First Quarter Leasing
PremiumCompany Announcements
RioCan Reit Issues $150M in Stable BBB-rated Debentures
PremiumCompany Announcements
RioCan Expands Debenture Offering to $150 MillionBulls Say, Bears Say
Bulls Say
Financial PerformanceInterest income increased by $2.6M due to a $46M rise in mortgages and loans receivable balance.
Lease RenewalsRenewals were signed at an average leasing spread of 11.5%, compared to 9.8% in the previous year, with some grocery stores renewing leases at extremely strong leasing spreads of 50%.
Leasing ActivityRobust new leasing volume provides confidence that these vacancies are being back-filled expeditiously.
Bears Say
Debt MaturitiesNear-term debt maturities are relatively elevated.
NOI GrowthSame-property NOI growth was only 0.4% in the quarter, as greater same-property rental rates were mostly offset by vacancy due to the bankruptcy of two tenants.
Occupancy RatesOnly 45% of the 592 units at FourFifty were occupied at the end of the quarter.
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Options Prices
Currently, No data available
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Ownership Overview
0.74% Insiders
4.71% Mutual Funds
12.34% Other Institutional Investors
82.22% Public Companies and
Individual Investors
RIOCF FAQ
What was RioCan Real Estate Investment Trust’s price range in the past 12 months?
RioCan Real Estate Investment Trust lowest stock price was $10.97 and its highest was $15.18 in the past 12 months.
What is RioCan Real Estate Investment Trust’s market cap?
Currently, no data Available
When is RioCan Real Estate Investment Trust’s upcoming earnings report date?
RioCan Real Estate Investment Trust’s upcoming earnings report date is Aug 08, 2024 which is in 35 days.
How were RioCan Real Estate Investment Trust’s earnings last quarter?
RioCan Real Estate Investment Trust released its earnings results on May 07, 2024. The company reported $0.311 earnings per share for the quarter, beating the consensus estimate of N/A by $0.311.
Is RioCan Real Estate Investment Trust overvalued?
According to Wall Street analysts RioCan Real Estate Investment Trust’s price is currently Undervalued.
Does RioCan Real Estate Investment Trust pay dividends?
RioCan Real Estate Investment Trust pays a Monthly dividend of $0.07 which represents an annual dividend yield of 6.54%. See more information on RioCan Real Estate Investment Trust dividends here
What is RioCan Real Estate Investment Trust’s EPS estimate?
RioCan Real Estate Investment Trust’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does RioCan Real Estate Investment Trust have?
RioCan Real Estate Investment Trust has 300,500,000 shares outstanding.
What happened to RioCan Real Estate Investment Trust’s price movement after its last earnings report?
RioCan Real Estate Investment Trust reported an EPS of $0.311 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -1.642%.
Which hedge fund is a major shareholder of RioCan Real Estate Investment Trust?
Currently, no hedge funds are holding shares in RIOCF
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RioCan Real Estate Investment Stock Smart Score
Unlock Smart Score
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$14.85 (18.42% Upside)
$14.85 (18.42% Upside)
Blogger Sentiment
Bullish
RIOCF Sentiment 75%
Sector Average 64%
Sector Average 64%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-8.67%
12-Months-Change
Fundamentals
Return on Equity
0.67%
Trailing 12-Months
Asset Growth
-0.93%
Trailing 12-Months
Company Description
RioCan Real Estate Investment Trust
RioCan Real Estate Investment Trust engages in owning, development, management, and operation of shopping centers. Its property portfolio includes grocery anchored, new format retail, urban retail, mixed-use and non-grocery anchored centers. The company was founded by Edward Sonshine on July 10, 1981 and is headquartered in Toronto, Canada.
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RIOCF Company Deck
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RIOCF Earnings Call
Q1 2024
0:00 / 0:00
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RIOCF Stock 12 Month Forecast
Average Price Target
$14.85
▲(18.42% Upside)
Technical Analysis
NexPoint Real Estate ate Finance
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Best Analysts Covering RIOCF
1 Year
1 Year Success Rate
16/26 ratings generated profit
1 Year Average Return
+3.13%
reiterated a buy rating 2 months ago
Copying Mark Rothschild's trades and holding each position for 1 Year would result in 61.54% of your transactions generating a profit, with an average return of +3.13% per trade.
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