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Nexus Real Estate Investment Trust (TSE:NXR.UN)
TSX:NXR.UN
RESEARCH TOOLSreports
Nexus Real Estate Investment (NXR.UN) Stock Price & Analysis
124 Followers
NXR.UN Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$5.69 - C$8.23
Previous CloseC$7.74
Volume144.53K
Average Volume (3M)164.95K
Market Cap
C$724.22M
Enterprise ValueC$1.86B
Total Cash (Recent Filing)C$8.83M
Total Debt (Recent Filing)C$1.15B
Price to Earnings (P/E)3.5
Beta1.56
Next Earnings
Aug 15, 2024EPS EstimateN/A
Next Dividend Ex-Date
Aug 30, 2024Dividend Yield8.32%
Share Statistics
EPS (TTM)2.22
Shares Outstanding93,506,000
10 Day Avg. Volume208,444
30 Day Avg. Volume164,950
Standard Deviation0.09
R-Squared0.55
Alpha-0.00143
Financial Highlights & Ratios
Price to Book (P/B)0.60
Price to Sales (P/S)2.89
Price to Cash Flow (P/CF)10.00
P/FCF Ratio5.40
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$8.40Price Target Upside8.54% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
Nexus Real Estate Investment News
PremiumCompany Announcements
Nexus REIT Schedules Q2 Results and Confirms Distributions
PremiumCompany Announcements
Nexus Industrial REIT Mourns Loss of Esteemed Trustee
PremiumCompany Announcements
Nexus Industrial REIT Halts DRIP Amid Market Dip
Bulls Say, Bears Say
Bulls Say
Development ProjectsAbove market returns from significant development pipeline.
Financial PerformanceIndustrial fundamentals remain strong, and the mark-to-market opportunity should provide support to organic NOI growth, despite temporary vacancy headwinds.
Lease And OccupancyManagement expects organic NOI will pick up in the latter half of the year as the aforementioned leases take effect, the Richmond sports complex achieves occupancy, and lease renewals and contractual rent escalations take effect.
Bears Say
Cash FlowNear-term cash flow growth will be moderated by near-term vacancies, continued interest expense headwinds and high-cap rate dispositions.
EarningsNexus Industrial REIT reported a decline in NFFO/unit, driven by a miss at the NOI line and higher than anticipated interest expense.
Financial PerformanceEstimate revisions: reducing FFO and AFFO estimates reflecting lower NOI forecast and higher interest expense forecast.
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Options Prices
Currently, No data available
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Ownership Overview
57.95% Insiders
1.75% Mutual Funds
1.51% Other Institutional Investors
38.78% Public Companies and
Individual Investors
NXR.UN FAQ
What was Nexus Real Estate Investment Trust’s price range in the past 12 months?
Nexus Real Estate Investment Trust lowest stock price was C$5.69 and its highest was C$8.23 in the past 12 months.
What is Nexus Real Estate Investment Trust’s market cap?
Currently, no data Available
When is Nexus Real Estate Investment Trust’s upcoming earnings report date?
Nexus Real Estate Investment Trust’s upcoming earnings report date is Aug 15, 2024 which is in 24 days.
How were Nexus Real Estate Investment Trust’s earnings last quarter?
Nexus Real Estate Investment Trust released its earnings results on May 15, 2024. The company reported C$0.467 earnings per share for the quarter, beating the consensus estimate of N/A by C$0.467.
Is Nexus Real Estate Investment Trust overvalued?
According to Wall Street analysts Nexus Real Estate Investment Trust’s price is currently Undervalued.
Does Nexus Real Estate Investment Trust pay dividends?
Nexus Real Estate Investment Trust pays a Monthly dividend of C$0.05 which represents an annual dividend yield of 8.32%. See more information on Nexus Real Estate Investment Trust dividends here
What is Nexus Real Estate Investment Trust’s EPS estimate?
Nexus Real Estate Investment Trust’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Nexus Real Estate Investment Trust have?
Nexus Real Estate Investment Trust has 68,956,900 shares outstanding.
What happened to Nexus Real Estate Investment Trust’s price movement after its last earnings report?
Nexus Real Estate Investment Trust reported an EPS of C$0.467 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -4.302%.
Which hedge fund is a major shareholder of Nexus Real Estate Investment Trust?
Currently, no hedge funds are holding shares in TSE:NXR.UN
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Nexus Real Estate Investment Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
C$8.40 (8.54% Upside)
C$8.40 (8.54% Upside)
Blogger Sentiment
Bullish
TSE:NXR.UN Sentiment 100%
Sector Average 67%
Sector Average 67%
Insider Transactions
Bought Shares
Worth $1.2M over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-4.02%
12-Months-Change
Fundamentals
Return on Equity
21.12%
Trailing 12-Months
Asset Growth
21.65%
Trailing 12-Months
Company Description
Nexus Real Estate Investment Trust
Nexus Real Estate Investment Trust is a growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition, ownership, and management of industrial, office and retail properties located in primary and secondary markets in North America.
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NXR.UN Earnings Call
Q1 2024
0:00 / 0:00
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NXR.UN Stock 12 Month Forecast
Average Price Target
C$8.40
▲(8.54% Upside)
Technical Analysis
Nexus Real Estate Investment
―
CBL & Associates Properties
―
Brixmor Property
―
Kimco Realty
―
Kite Realty Group
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Best Analysts Covering NXR.UN
1 Year
1 Year Success Rate
4/10 ratings generated profit
1 Year Average Return
+4.41%
reiterated a buy rating 2 months ago
Copying Kyle Stanley's trades and holding each position for 1 Year would result in 40.00% of your transactions generating a profit, with an average return of +4.41% per trade.
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