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True NthCommercial (TSE:TNT.UN)
TSX:TNT.UN
True NthCommercial (TNT.UN) Stock Price & Analysis
208 Followers
TNT.UN Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$6.38 - C$15.28
Previous CloseC$8.55
Volume46.46K
Average Volume (3M)29.81K
Market Cap
C$136.83M
Enterprise ValueC$894.55M
Total Cash (Recent Filing)C$63.28M
Total Debt (Recent Filing)C$820.99M
Price to Earnings (P/E)―
Beta1.36
Next Earnings
Jul 31, 2024EPS EstimateN/A
Last Dividend Ex-Date
Oct 30, 2023Dividend Yield28.3%
Share Statistics
EPS (TTM)-2.57
Shares Outstanding14,803,249
10 Day Avg. Volume25,744
30 Day Avg. Volume29,810
Standard Deviation0.12
R-Squared0.31
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)0.27
Price to Sales (P/S)0.92
Price to Cash Flow (P/CF)1.30
P/FCF Ratio1.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$9.19Price Target Upside4.20% Upside
Rating ConsensusHold
Number of Analyst Covering4
Bulls Say, Bears Say
Bulls Say
Financial PerformanceManagement is likely to continue repurchasing units, which can be attractive as the current unit price is significantly below the IFRS NAV.
Investment StrategyManagement has been repurchasing units, an action that could be attractive when units are purchased below IFRS NAV.
Management ActionsManagement has been aggressive in repurchasing units at what they believe is a material discount to NAV.
Bears Say
Financial PerformanceTrue North reported results below expectations due to greater interest expense from higher interest rates, overshadowing lease commencements that boosted operating performance.
Leverage And DebtLeverage has increased significantly, with debt to EBITDA rising from 9.9x to 11.2x, raising concerns about the company's financial stability.
Stock ValuationTrue North currently trades at a 49% premium to the analyst's NAV estimate, while its Canadian office REIT peers trade at an 8.6% discount to NAV.
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Options Prices
Currently, No data available
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Ownership Overview
14.35% Insiders
0.28% Mutual Funds
0.32% Other Institutional Investors
85.04% Public Companies and
Individual Investors
TNT.UN FAQ
What was True NthCommercial’s price range in the past 12 months?
True NthCommercial lowest stock price was C$6.38 and its highest was C$15.28 in the past 12 months.
What is True NthCommercial’s market cap?
Currently, no data Available
When is True NthCommercial’s upcoming earnings report date?
True NthCommercial’s upcoming earnings report date is Jul 31, 2024 which is in 28 days.
How were True NthCommercial’s earnings last quarter?
True NthCommercial released its earnings results on May 07, 2024. The company reported C$0.324 earnings per share for the quarter, beating the consensus estimate of N/A by C$0.324.
Is True NthCommercial overvalued?
According to Wall Street analysts True NthCommercial’s price is currently Undervalued.
Does True NthCommercial pay dividends?
True NthCommercial pays a Monthly dividend of C$0.14 which represents an annual dividend yield of 28.3%. See more information on True NthCommercial dividends here
What is True NthCommercial’s EPS estimate?
True NthCommercial’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does True NthCommercial have?
True NthCommercial has 16,003,523 shares outstanding.
What happened to True NthCommercial’s price movement after its last earnings report?
True NthCommercial reported an EPS of C$0.324 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -0.927%.
Which hedge fund is a major shareholder of True NthCommercial?
Currently, no hedge funds are holding shares in TSE:TNT.UN
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True NthCommercial Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
C$9.19 (4.20% Upside)
C$9.19 (4.20% Upside)
Insider Transactions
Bought Shares
Worth C$275.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▼ 5.4%
Last 30 Days ▼ 5.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Fundamentals
Return on Equity
-8.74%
Trailing 12-Months
Asset Growth
-7.86%
Trailing 12-Months
Company Description
True NthCommercial
True North Commercial REIT is a Canadian based open-ended Real estate investment trust company. It owns and acquires Canadian commercial real estate properties. Its objective is to maximize total returns to our unitholders. Returns include a stable, reliable and tax-efficient monthly cash distribution as well as long-term appreciation in the value of its units through the effective management of a portfolio of commercial properties. It has properties in Alberta, British Columbia, New Brunswick, Nova Scotia and Ontario.
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TNT.UN Stock 12 Month Forecast
Average Price Target
C$9.19
▲(4.20% Upside)
Technical Analysis
First Capital Realty
―
H&R Real Estate ate Staple
―
Morguard Real Estate ate
―
Killam Apartment REIT Un
―
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