Primaris Real Estate Investment Trust (PMREF)
Market Cap | 1.16B |
Revenue (ttm) | 413.29M |
Net Income (ttm) | 53.43M |
Shares Out | n/a |
EPS (ttm) | 0.44 |
PE Ratio | 21.68 |
Forward PE | n/a |
Dividend | 0.61 (5.56%) |
Ex-Dividend Date | Jul 31, 2025 |
Volume | 150 |
Average Volume | 218 |
Open | 11.00 |
Previous Close | 11.00 |
Day's Range | 11.00 - 11.00 |
52-Week Range | 9.70 - 12.17 |
Beta | 1.08 |
RSI | 48.81 |
Earnings Date | Jul 31, 2025 |
About PMREF
Primaris is Canada’s only enclosed shopping centre focused REIT, with ownership interests in leading enclosed shopping centres located in growing Canadian markets. The current portfolio totals 14.2 million square feet, valued at approximately $4.5 billion at Primaris’ share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris is very well-capitalized and is exceptionally well positioned to take advantage of market opportunities at an extraordinary moment in the e... [Read more]
Financial Performance
In 2024, PMREF's revenue was 501.93 million, an increase of 22.13% compared to the previous year's 410.97 million. Earnings were 79.47 million, a decrease of -22.29%.
Financial numbers in CAD Financial StatementsNews

Primaris Real Estate Investment Trust (PMREF) Q2 2025 Earnings Call Transcript
Primaris Real Estate Investment Trust (OTC:PMREF) Q2 2025 Earnings Conference Call July 31, 2025 10:00 AM ET Executives Alexander Danial Avery – Chief Executive Officer Patrick James Sullivan – Presid...

Primaris REIT Announces Strong Q2/25; Increases 2025 Guidance
TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or “the Trust”) (TSX: PMZ.UN) announced today financial and operating results for the second quarter ended June 30, 2025. Qu...

Primaris REIT Announces Distribution for July 2025
TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) announced today that its Board of Trustees has declared a distribution of $0.0717 per unit for...

Primaris REIT Announces Financial Results Release Date, Webcast, and Conference Call
TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) will be releasing its financial results for the quarter ended June 30, 2025, on Wednesday, Jul...

Primaris REIT Publishes Inaugural Green Finance Framework
TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust ("Primaris") (TSX: PMZ.UN) announced today that it has published its inaugural Green Finance Framework (the “Framework”), under which it...

Primaris REIT Announces Distribution for June 2025
TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) announced today that its Board of Trustees has declared a distribution of $0.0717 per unit for...

Primaris REIT Reiterates Guidance; Gains Control and Commences Repurposing of Five HBC Locations; Four Leases Subject to Bids
TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris”, the “REIT” or the “Trust”) (TSX: PMZ.UN) announced today that it has received notice from the court-appointed monitor overs...

CORRECTING and REPLACING Primaris REIT Announces Distribution for May 2025
TORONTO--(BUSINESS WIRE)--First paragraph, second sentence of release dated May 7, 2025, should read: The distribution will be payable on June 16, 2025 to unitholders of record on May 30, 2025 (instea...

Primaris REIT Announces Distribution for May 2025
TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) announced today that its Board of Trustees has declared a distribution of $0.0717 per unit for...

Primaris Real Estate Investment Trust (PMREF) Q1 2025 Earnings Call Transcript
Primaris Real Estate Investment Trust (OTC:PMREF) Q1 2025 Earnings Call May 1, 2025 8:30 AM ET Company Participants Claire Mahaney - Investor Relations Alex Avery - Chief Executive Officer Pat Sulliva...

Primaris REIT Announces 2025 Annual General Meeting Voting Results
TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) announced today that each of the trustee nominees listed in the management information circula...

Primaris REIT Announces Strong Q1/25; Reaffirms 2025 Guidance
TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or “the Trust”) (TSX: PMZ.UN) announced today financial and operating results for the first quarter ended March 31, 2025. Qu...

Primaris REIT Announces Distribution for April 2025
TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) announced today that its Board of Trustees has declared a distribution of $0.0717 per unit for...

Primaris REIT Announces AGM and Financial Results Release Date, Webcast, and Conference Call
TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) will be releasing its financial results for the quarter ended March 31, 2025, on Wednesday, Ap...

Primaris REIT Announces $60 Million Disposition; HBC, NCIB, & Financing Updates
TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or the “REIT”) (TSX: PMZ.UN) announced today significant progress on its disposition program that supports its capital recyc...

Canadian REITs: Can They Weather Tariff Uncertainty?
Impact of tariffs on Canada's REIT sector. What a recession might mean for REITs. Why Canadian REITs are trading at a discount vs. U.S. REITs.

Primaris REIT Provides HBC Exposure Update
TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) announces today its exposure to the Hudson's Bay Company ULC, the retailer Hudson's Bay and Th...

Primaris REIT Announces Distribution for March 2025
TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) announced today that its Board of Trustees has declared a distribution of $0.0717 per unit for...

Primaris REIT Renews Normal Course Issuer Bid
TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or “the Trust”) (TSX: PMZ.UN) announced today that it has received acceptance from the Toronto Stock Exchange (“TSX”) of Pri...

Primaris REIT Announces Successful $200 Million Unsecured Debenture Offering
TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) announced today that it has priced a private placement (the “Offering”) of $200 million aggreg...

Primaris Real Estate Investment Trust (PMREF) Q4 2024 Earnings Call Transcript
Primaris Real Estate Investment Trust (OTC:PMREF) Q4 2024 Earnings Conference Call February 14, 2025 9:00 AM ET Company Participants Claire Mahaney – Vice President-Investor Relations and ESG Alex Ave...

Primaris REIT Announces Strong Q4/24 and Full Year 2024 Results
TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or “the Trust”) (TSX: PMZ.UN) announced today financial and operating results for the fourth quarter and year ended December...

Primaris REIT Announces Distribution for February 2025
TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) announced today that its Board of Trustees has declared a distribution of $0.0717 per unit for...

Primaris REIT Announces Closing of $585 Million in Leading Enclosed Shopping Centre Acquisitions
TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) announces that on Friday January 31, 2025 it closed the transaction, originally announced on J...

Primaris REIT Reschedules Financial Results Webcast and Conference Call
TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) will be releasing its financial results for the quarter and year ended December 31, 2024, on T...