Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
175.70M | 157.65M | 137.12M | 83.56M | 61.39M |
Gross Profit | ||||
125.87M | 111.97M | 95.81M | 55.95M | 39.23M |
EBIT | ||||
0.00 | 103.32M | 142.28M | -25.88M | 41.53M |
EBITDA | ||||
145.87M | 201.67M | 142.37M | -14.93M | 41.62M |
Net Income Common Stockholders | ||||
90.88M | 160.03M | 91.75M | 146.36M | 14.84M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
11.53M | 5.92M | 11.53M | 82.28M | 13.99M |
Total Assets | ||||
2.60B | 2.46B | 1.97B | 1.66B | 710.50M |
Total Debt | ||||
1.25B | 1.19B | 827.11M | 679.55M | 342.72M |
Net Debt | ||||
1.24B | 1.18B | 815.57M | 597.27M | 328.72M |
Total Liabilities | ||||
1.54B | 1.46B | 1.09B | 968.67M | 410.92M |
Stockholders Equity | ||||
1.06B | 1.00B | 872.54M | 689.48M | 299.58M |
Cash Flow | Free Cash Flow | |||
24.70M | 32.08M | 30.32M | 19.62M | 18.69M |
Operating Cash Flow | ||||
38.96M | 51.02M | 41.53M | 25.00M | 24.35M |
Investing Cash Flow | ||||
-78.60M | -345.99M | -315.73M | -469.25M | -45.07M |
Financing Cash Flow | ||||
45.26M | 289.36M | 203.45M | 512.54M | 26.84M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
78 Outperform | $657.80M | 7.16 | 8.82% | 9.11% | 9.64% | -45.71% | |
76 Outperform | C$4.33B | 19.06 | 4.50% | 7.23% | 10.06% | -19.26% | |
70 Outperform | C$6.86B | 24.93 | 3.20% | 3.51% | 4.45% | ― | |
60 Neutral | $2.81B | 11.31 | 0.21% | 8508.38% | 6.19% | -15.39% | |
56 Neutral | C$2.57B | ― | -2.29% | 6.10% | -6.92% | -296.31% |
Nexus Industrial REIT has announced the sale of its 50% ownership in 15 retail buildings and one office building in Quebec for a total of $51 million. The proceeds will be used to repay debt and fund development projects, marking the company’s transition to a pure-play industrial REIT in Canada. The company has also reported a strong start to its 2025 leasing activities, renewing over 80% of its expiring gross leasable area and securing significant rent increases, which will enhance its net operating income.
Spark’s Take on TSE:NXR.UN Stock
According to Spark, TipRanks’ AI Analyst, TSE:NXR.UN is a Outperform.
Nexus Real Estate Investment demonstrates strong financial performance with consistent revenue growth and a robust dividend yield, making it attractive for income-focused investors. However, technical indicators suggest potential bearish trends, and challenges such as tenant credit risks and market slowdowns present risks. The company’s strategic focus on the industrial sector is a positive long-term catalyst, balancing the risks and supporting a strong overall stock score.
To see Spark’s full report on TSE:NXR.UN stock, click here.
Nexus Industrial REIT announced its plan to release the financial results for the first quarter of 2025 on May 15, 2025, before the opening of the TSX. The announcement includes a scheduled conference call to discuss the results and operations, highlighting the company’s ongoing commitment to transparency and stakeholder engagement.
Nexus Industrial REIT reported a significant growth in net operating income for the fourth quarter and full year 2024, driven by strategic acquisitions and development projects. The company has advanced its transition to a pure-play industrial REIT by selling non-core assets and completing new developments, contributing to a record net income and increased unitholders’ equity, positioning itself strongly in the industrial real estate market.