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 | ||||
118.05M | 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 | $666.23M | 8.26 | 7.47% | 8.90% | 9.21% | -61.37% | |
75 Outperform | C$905.00M | 8.12 | 5.83% | 4.25% | 3.85% | -31.81% | |
67 Neutral | C$478.16M | 5.25 | 9.03% | 4.05% | -0.29% | ― | |
60 Neutral | $2.76B | 10.59 | 0.51% | 8507.90% | 5.51% | -19.44% | |
58 Neutral | C$712.53M | ― | -1.80% | 8.34% | -13.42% | 86.55% | |
57 Neutral | C$571.74M | ― | -37.33% | 6.35% | -7.34% | -966.70% |
Nexus Industrial REIT announced a successful first quarter of 2025, highlighted by an 8.6% increase in net operating income driven by strategic acquisitions and developments. The company completed its transition to a pure-play industrial REIT, selling 15 retail and one office property to focus on industrial assets, which now account for over 99% of its NOI. This strategic shift positions Nexus to better withstand economic challenges, with a strong start to 2025 leasing activities and significant ongoing development projects expected to enhance future income. The REIT’s financial performance was bolstered by increased occupancy rates and successful lease renewals, demonstrating the strength of its tenant relationships and portfolio quality.
The most recent analyst rating on ($TSE:NXR.UN) stock is a Buy with a C$8.00 price target. To see the full list of analyst forecasts on Nexus Real Estate Investment stock, see the TSE:NXR.UN Stock Forecast page.
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.
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.