Riocan Real Estate Investment Trust REI.UN
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if REI.UN is a good fit for your portfolio.
News
-
RioCan Real Estate Investment Trust Announces April 2024 Distribution
-
RioCan Real Estate Investment Trust Schedules First Quarter 2024 Earnings Release, Conference Call and Webcast
-
RioCan Real Estate Investment Trust Completes Issuance of an Additional $150 Million of Series AJ Senior Unsecured Debentures
-
RioCan Real Estate Investment Trust Announces Offering of an Additional $150 million of Series AJ Senior Unsecured Debentures
-
RioCan Real Estate Investment Trust Announces March 2024 Distribution
-
RioCan Reports Fourth Quarter and Year End 2023 Results - FFO per Unit Growth Enables Annualized Distributions Increase of 2.8% to $1.11 Per Unit
-
RioCan Real Estate Investment Trust Completes Issuance of $300 million, Series AJ Senior Unsecured Debentures
Trading Information
- Previous Close Price
- CAD 17.83
- Day Range
- CAD 17.67–17.85
- 52-Week Range
- CAD 16.32–21.51
- Bid/Ask
- CAD 17.76 / CAD 17.77
- Market Cap
- CAD 5.34 Bil
- Volume/Avg
- 286,740 / 816,334
Key Statistics
- Price/Earnings (Normalized)
- 10.38
- Price/Sales
- 4.77
- Dividend Yield (Trailing)
- 6.09%
- Dividend Yield (Forward)
- 6.23%
- Total Yield
- 6.05%
Company Profile
Riocan Real Estate Investment Trust is a Canadian real estate investment trust which owns, develops, and operates Canada's portfolio of retail-focused, increasingly mixed-use properties. The REIT's property portfolio includes shopping centers and mixed-use developments, with majority of its properties located in Ontario, Canada. Riocan's tenants consist of grocery stores, supermarkets, restaurants, cinemas, pharmacies, and corporates.
- Sector
- Real Estate
- Industry
- REIT - Retail
- Stock Style Box
- Mid Value
- Total Number of Employees
- 568
- Website
- https://www.riocan.com
Comparables
Valuation
|
Metric
|
REI.UN
|
CHP.UN
|
SGR.UN
|
|---|---|---|---|
Price/Earnings (Normalized) | 10.38 | 13.43 | 7.66 |
Price/Book Value | 0.72 | 0.98 | 0.72 |
Price/Sales | 4.77 | 7.09 | 2.45 |
Price/Cash Flow | 10.83 | 13.46 | 7.10 |
Price/Earnings
REI.UN
CHP.UN
SGR.UN
Financial Strength
|
Metric
|
REI.UN
|
CHP.UN
|
SGR.UN
|
|---|---|---|---|
Quick Ratio | 0.14 | 0.56 | 0.13 |
Current Ratio | 0.34 | 0.57 | 0.17 |
Interest Coverage | 1.00 | 2.35 | 1.33 |
Quick Ratio
REI.UN
CHP.UN
SGR.UN
Profitability
|
Metric
|
REI.UN
|
CHP.UN
|
SGR.UN
|
|---|---|---|---|
Return on Assets (Normalized) | 0.31% | 3.19% | 0.46% |
Return on Equity (Normalized) | 0.61% | 12.62% | 1.45% |
Return on Invested Capital (Normalized) | 1.25% | 9.70% | 3.52% |
Return on Assets
REI.UN
CHP.UN
SGR.UN
REIT - Retail Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
SPG
| Simon Property Group Inc | Hbvyvxytp | Ftzl | $46.4 Bil | |
O
| Realty Income Corp | Jbvsnrjf | Hvrg | $45.9 Bil | |
KIM
| Kimco Realty Corp | Rxsznngz | Lqf | $12.5 Bil | |
UNBLF
| Unibail-Rodamco-Westfield Act. SIIC ET STES FONC.EUROP. | — | Stdy | $11.4 Bil | |
UNIRF
| Unibail-Rodamco-Westfield ADR | — | Hydm | $11.4 Bil | |
REG
| Regency Centers Corp | Rtptyfg | Kjpl | $10.9 Bil | |
STGPF
| Scentre Group | — | Vqnfn | $10.8 Bil | |
LKREF
| Link Real Estate Investment Trust | — | Lmbxs | $10.7 Bil | |
FRT
| Federal Realty Investment Trust | Yyxxggpnk | Dgd | $8.4 Bil | |
MAC
| Macerich Co | Mhfgtdm | Bhdh | $3.3 Bil |