Plaza Retail REIT (PAZRF)

OTCMKTS · Delayed Price · Currency is USD
2.922
0.00 (0.00%)
Sep 30, 2024, 4:00 PM EDT
0.76%
Market Cap 315.60M
Revenue (ttm) 88.15M
Net Income (ttm) 8.29M
Shares Out n/a
EPS (ttm) 0.07
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date Sep 27, 2024
Volume 1
Open 2.800
Previous Close 2.800
Day's Range 2.800 - 2.922
52-Week Range 2.300 - 2.922
Beta 1.08
Analysts n/a
Price Target n/a
Earnings Date Nov 8, 2024

About Plaza Retail REIT

Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza's portfolio at June 30, 2023 includes interests in 234 properties totaling approximately 8.8 million square feet across Canada and additional lands held for development. Plaza's portfolio largely consists of open-air centres and stand-alone small box retail outlets and is predominantly occupied by national tenants. [Read more]

Industry REIT - Retail
Sector Real Estate
Founded 1999
Employees 98
Stock Exchange OTCMKTS
Ticker Symbol PAZRF
Full Company Profile

Financial Performance

In 2023, Plaza Retail REIT's revenue was 117.35 million, an increase of 2.10% compared to the previous year's 114.94 million. Earnings were 20.19 million, a decrease of -62.54%.

Financial numbers in CAD Financial Statements

News

Plaza Retail REIT Announces September 2024 Distribution

FREDERICTON, NB , Sept. 18, 2024 /CNW/ - Plaza Retail REIT ("Plaza") (TSX: PLZ) today announced its September 2024 monthly distribution in the amount of $0.02333 per unit ( $0.28 annualized). The Sep...

14 days ago - Benzinga

Plaza Retail REIT Announces August 2024 Distribution

FREDERICTON, NB , Aug. 21, 2024 /CNW/ - Plaza Retail REIT ("Plaza") (TSX: PLZ) today announced its August 2024 monthly distribution in the amount of $0.02333 per unit ( $0.28 annualized). The August ...

6 weeks ago - Benzinga

Plaza Retail REIT (PAZRF) Q2 2024 Earnings Call Transcript

Plaza Retail REIT (OTC:PAZRF) Q2 2024 Results Conference Call August 2, 2024 10:00 AM ET Company Participants Kim Strange - General Counsel and Secretary Michael Zakuta - President, Chief Executive Of...

2 months ago - Seeking Alpha

Plaza Retail REIT: A 7.6% Yielding Commercial REIT In Canada

Plaza Retail REIT's Q1 performance showed an increase in assets and FFO, but a decrease in AFFO due to high maintenance capex and leasing costs. The REIT faces increasing costs of debt as interest rat...

4 months ago - Seeking Alpha

Plaza Retail REIT (PAZRF) Q1 2024 Earnings Call Transcript

Plaza Retail REIT (OTC:PAZRF) Q1 2024 Earnings Conference Call May 10, 2024 10:00 AM ET Corporate Participants Kimberly Strange - General Counsel and Secretary Michael Zakuta - President, Chief Execut...

5 months ago - Seeking Alpha

Plaza Retail REIT (PAZRF) Q4 2023 Earnings Call Transcript

Plaza Retail REIT (PAZRF) Q4 2023 Earnings Call Transcript

7 months ago - Seeking Alpha

Plaza Retail REIT: The 7.8% Dividend Yield Is Well Covered

Plaza Retail REIT performed well during the COVID pandemic and has a strong tenant mix, including Loblaw and Dollarama. The REIT's AFFO per share in the third quarter covered its dividend payout, show...

8 months ago - Seeking Alpha

Plaza Retail REIT (PAZRF) Q3 2023 Earnings Call Transcript

Plaza Retail REIT (OTC:PAZRF) Q3 2023 Earnings Conference Call November 10, 2023 11:00 AM ET Company Participants Kimberly Strange - General Counsel and Secretary Michael Zakuta - President, Chief Exe...

11 months ago - Seeking Alpha

Plaza Retail REIT: A 7% Yielding Retail REIT

Plaza Retail REIT's Q2 FFO and AFFO remained flat, but its tenant base, including Loblaws and Shoppers Drug Mart, is strong. The lease renewal spread was positive overall but negative in the enclosed ...

1 year ago - Seeking Alpha

Plaza Retail REIT (PAZRF) Q2 2023 Earnings Call Transcript

Plaza Retail REIT (OTC:PAZRF) Q2 2023 Earnings Conference Call August 4, 2023 10:00 AM ET Company Participants Kimberly Strange - General Counsel & Secretary Michael Zakuta - President, CEO & Trustee ...

1 year ago - Seeking Alpha

Plaza Retail REIT: A 7% Yield, Even After A Capital Raise

I used to own Plaza's debentures, but those matured earlier this year. The company repaid the debt with the proceeds from a fresh equity raise. A good move. I expect Plaza to report a full-year AFFO o...

1 year ago - Seeking Alpha

Plaza Retail REIT (PAZRF) Q1 2023 Earnings Call Transcript

Plaza Retail REIT (OTC:PAZRF) Q1 2023 Earnings Conference Call May 4, 2023 11:30 AM ET Company Participants Kim Strange - Investor Relations Michael Zakuta - President and Chief Executive Officer Jim ...

1 year ago - Seeking Alpha

Plaza Retail: Buy More Of The Dip

Plaza Retail is a developer, owner, and manager of retail real estate (tenants include national pharmacies and groceries) located primarily in Ontario, Quebec, and Atlantic Canada. The firm conducts i...

1 year ago - Seeking Alpha

Plaza Retail REIT (PAZRF) Q4 2022 Earnings Call Transcript

Plaza Retail REIT (OTC:PAZRF) Q4 2022 Earnings Conference Call February 24, 2023 2:00 PM ET Company Participants Kim Strange - General Counsel and Secretary Michael Zakuta - President and Chief Execut...

1 year ago - Seeking Alpha

Plaza Retail: A 5.65% Dividend Yield Backed By Strong Tenants

Plaza Retail REIT is a commercial REIT with quality tenants: grocery and pharmacy chains account for in excess of 30% of the rental income. The debentures I bought in 2020 will mature soon, and I will...

1 year ago - Seeking Alpha

Plaza Retail REIT (PAZRF) Q3 2022 Earnings Call Transcript

Plaza Retail REIT (OTC:PAZRF) Q3 2022 Earnings Conference Call November 11, 2022 1:30 PM ET Company Participants Kimberly Strange - General Counsel and Secretary Michael Zakuta - President, CEO Jim Dr...

2 years ago - Seeking Alpha

Plaza Retail REIT (PAZRF) CEO Michael Zakuta on Q2 2022 Results - Earnings Call Transcript

Plaza Retail REIT (OTC:PAZRF) Q2 2022 Results Conference Call August 4, 2022 10:00 AM ET Company Participants Kimberly Strange - General Counsel and Secretary Michael Zakuta - President, CEO Jim Drake...

2 years ago - Seeking Alpha

Plaza Retail REIT's (PAZRF) CEO Michael Zakuta on Q1 2022 Results - Earnings Call Transcript

Plaza Retail REIT (OTC:PAZRF) Q1 2022 Earnings Conference Call May 6, 2022 10:00 AM ET Company Participants Kim Strange - General Counsel & Secretary Michael Zakuta - President & CEO Jim Drake - CFO C...

2 years ago - Seeking Alpha

Plaza Retail REIT (PAZRF) CEO Michael Zakuta on Q4 2021 Results - Earnings Call Transcript

Plaza Retail REIT (PAZRF) CEO Michael Zakuta on Q4 2021 Results - Earnings Call Transcript

2 years ago - Seeking Alpha

Plaza Retail REIT (PAZRF) CEO Michael Zakuta On Q3 2021 Results - Earnings Call Transcript

Plaza Retail REIT (PAZRF) CEO Michael Zakuta On Q3 2021 Results - Earnings Call Transcript

3 years ago - Seeking Alpha

Plaza Retail REIT (PAZRF) CEO Michael Zakuta on Q2 2021 Results - Earnings Call Transcript

Plaza Retail REIT (PAZRF) CEO Michael Zakuta on Q2 2021 Results - Earnings Call Transcript

3 years ago - Seeking Alpha

Plaza Retail REIT's (PAZRF) CEO Michael Zakuta on Q1 2021 Results - Earnings Call Transcript

Plaza Retail REIT's (PAZRF) CEO Michael Zakuta on Q1 2021 Results - Earnings Call Transcript

3 years ago - Seeking Alpha

3 Reasons To Invest In Stocks With 10+ Year Dividend Growth Streaks

3 Reasons To Invest In Stocks With 10+ Year Dividend Growth Streaks

4 years ago - Seeking Alpha

Plaza Retail REIT: A Generous 7.7% Fully Covered By FFO And AFFO

As Plaza collected in excess of 97% of the rent, the generous dividend is now more than fully covered again. The convertible debentures are trading below par and now have a yield to maturity in excess...

4 years ago - Seeking Alpha

Plaza Retail REIT: A Fully Covered 8% Dividend, 50% Upside Potential And A 92% Rent Collection Rate

Plaza Retail REIT currently yields 8%, and this yield is covered by the normalized AFFO.

4 years ago - Seeking Alpha