Primaris REIT Unit - Series A PMZ.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.
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News
-
Primaris REIT Announces Distribution for July 2024
-
Primaris REIT Announces Financial Results Release Date, Webcast, and Conference Call
-
Primaris REIT Announces Distribution for June 2024
-
Primaris REIT Announces Distribution for May 2024
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Primaris REIT Announces 2024 Annual General Meeting Voting Results
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Primaris REIT Announces Strong Q1/24 and Raises Guidance
Trading Information
- Previous Close Price
- CAD 13.80
- Day Range
- CAD 13.82–14.01
- 52-Week Range
- CAD 12.25–14.24
- Bid/Ask
- CAD 13.81 / CAD 13.93
- Market Cap
- CAD 1.34 Bil
- Volume/Avg
- 89,802 / 130,012
Key Statistics
- Price/Earnings (Normalized)
- 9.02
- Price/Sales
- 3.08
- Dividend Yield (Trailing)
- 6.00%
- Dividend Yield (Forward)
- 6.06%
- Total Yield
- 9.42%
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 primarily in secondary Canadian markets. Its property portfolio includes; Dufferin Mall, Stone Road Mall, Orchard Park, 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 Value
- Total Number of Employees
- 450
- Website
- https://www.primarisreit.com
Comparables
Valuation
|
Metric
|
PMZ.UN
|
BTB.UN
|
CDP
|
|---|---|---|---|
Price/Earnings (Normalized) | 9.02 | 8.62 | — |
Price/Book Value | 0.63 | 0.60 | 0.63 |
Price/Sales | 3.08 | 2.24 | 5.69 |
Price/Cash Flow | 8.56 | 7.87 | 12.31 |
Price/Earnings
PMZ.UN
BTB.UN
CDP
Financial Strength
|
Metric
|
PMZ.UN
|
BTB.UN
|
CDP
|
|---|---|---|---|
Quick Ratio | 0.21 | 0.12 | 0.27 |
Current Ratio | 0.21 | 0.15 | 0.42 |
Interest Coverage | 2.77 | 1.92 | 0.92 |
Quick Ratio
PMZ.UN
BTB.UN
CDP
Profitability
|
Metric
|
PMZ.UN
|
BTB.UN
|
CDP
|
|---|---|---|---|
Return on Assets (Normalized) | 3.24% | 2.92% | −0.08% |
Return on Equity (Normalized) | 5.50% | 7.52% | −0.13% |
Return on Invested Capital (Normalized) | 4.77% | 4.66% | 1.16% |
Return on Assets
PMZ.UN
BTB.UN
CDP
REIT - Retail Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
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|
Market Cap
|
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| Realty Income Corp
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REG
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