Primaris REIT Unit - Series A PMREF
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.
Trading Information
- Previous Close Price
- $16.50
- Day Range
- $15.71–15.71
- 52-Week Range
- $10.44–46.44
- Bid/Ask
- $10.92 / $17.33
- Shares Outstanding
- 118.07M
- Market Cap
- $1.85B
- Volume/Avg
- 29,665 / 200,521
Key Statistics
- Price/Earnings (Normalized)
- 13.32
- Price/Sales
- 3.39
- Dividend Yield (Trailing)
- 4.01%
- Dividend Yield (Forward)
- 4.01%
- Total Yield
- 4.01%
Company Profile
Primaris REIT is an unincorporated, open-ended real estate investment trust. Through its subsidiaries, it owns, develops, and operates a national retail portfolio focused on enclosed shopping centres located in secondary Canadian markets. Its property portfolio includes: Dufferin Mall, Cataraqui Centre, Stone Road Mall, Orchard Park, Kildonan Place, Halifax Shopping Centre, Marlborough Mall, and Devonshire Mall. The company generates a majority of its revenue from the Rent receivables.
- Sector
- Real Estate
- Industry
- REIT - Retail
- Stock Style Box
- Small Core
- Total Number of Employees
- 700
- Website
- https://www.primarisreit.com
Valuation
|
Metric
|
PMREF
|
|---|---|
Price/Earnings (Normalized) | 13.32 |
Price/Book Value | 1.05 |
Price/Sales | 3.39 |
Price/Cash Flow | 11.73 |
Price/Earnings
PMREF
Financial Strength
|
Metric
|
PMREF
|
|---|---|
Quick Ratio | 0.12 |
Current Ratio | 0.44 |
Interest Coverage | 2.13 |
Quick Ratio
PMREF
Profitability
|
Metric
|
PMREF
|
|---|---|
Return on Assets (Normalized) | 4.25% |
Return on Equity (Normalized) | 8.94% |
Return on Invested Capital (Normalized) | 6.86% |
Return on Assets
PMREF
REIT - Retail Industry Comparables
|
1-Day Chart
|
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|
Price
|
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Capital Allocation
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| LOCK|!b&!&n< | LOCK|y> | $10B | |||
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