Primaris Real Estate Investment Trust (PMREF)
| Market Cap | 2.11B +64.6% |
| Revenue (ttm) | 503.81M +18.5% |
| Net Income | 82.73M -18.8% |
| EPS | 0.53 -33.8% |
| Shares Out | n/a |
| PE Ratio | 30.40 |
| Forward PE | n/a |
| Dividend | 0.63 (3.89%) |
| Ex-Dividend Date | Oct 30, 2026 |
| Volume | 28,337 |
| Open | 16.25 |
| Previous Close | 16.55 |
| Day's Range | 16.25 - 16.25 |
| 52-Week Range | 10.44 - 46.44 |
| Beta | 1.00 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Oct 28, 2026 |
About PMREF
Primaris Real Estate Investment Trust is Canada’s only enclosed shopping Centre focused REIT, with ownership interests in leading enclosed shopping centres located in growing Canadian markets. The proforma portfolio totals 15.0 million square feet, valued at approximately 5.6 billion dollars 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 opportunitie... [Read more]
Financial Performance
In 2025, PMREF's revenue was 648.47 million, an increase of 29.20% compared to the previous year's 501.93 million. Earnings were 183.19 million, an increase of 130.50%.
Financial numbers in CAD Financial StatementsNews
Primaris REIT Announces Distribution for November 2026
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 $0.07333 per unit fo...
Primaris REIT price target raised to C$25 from C$24 at Scotiabank
Scotiabank raised the firm’s price target on Primaris REIT (PMREF) to C$25 from C$24 and keeps a Sector Perform rating on the shares.
Primaris Real Estate Investment Trust Earnings Call Transcript: Q3 2026
Q3 same-property cash NOI grew 3.1% and FFO per unit rose 5.6% YoY, supported by strong leasing and HBC backfills. 2027 guidance calls for 3%–5% NOI growth and CAD 1.93–CAD 1.99 FFO per unit.
Primaris Real Estate Investment Trust Slides: Q3 2026
Primaris Real Estate Investment Trust has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on October 29, 2026.
Primaris Real Estate Investment Trust Earnings release: Q3 2026
Primaris Real Estate Investment Trust released its Q3 2026 earnings on October 29, 2026, summarizing the period's financial results.
Primaris Real Estate Investment Trust MD&A: Q3 2026
Primaris Real Estate Investment Trust filed a regulatory document on October 29, 2026 disclosing important business information.
Primaris Real Estate Investment Trust Report: Q3 2026
Primaris Real Estate Investment Trust published a report on October 29, 2026 containing material business information for investors and shareholders.
Primaris REIT Announces Strong Q3 2026 Results; 5.7% Distribution Increase; Introduces 2027 Guidance
TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or the "Trust”) (TSX: PMZ.UN) announced today financial and operating results for the third quarter ended September 30, 2026...
Primaris REIT Announces Closing of Upper Canada Mall; $41.8 Million Disposition
TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or the “REIT”) (TSX: PMZ.UN) announced the closing of the acquisition of Upper Canada Mall in Newmarket, Ontario, which was ...
Primaris REIT initiated with an Outperform at ATB Cormark
ATB Cormark initiated coverage of Primaris REIT (PMREF) with an Outperform rating and C$26.50 price target
Primaris REIT Reschedules 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 September 30, 2026, on Wednesday...
Primaris REIT Announces Distribution for October 2026
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 $0.07333 per unit fo...
Primaris Real Estate Investment Trust Transcript: Investor Day 2026
Targets 3%-5% same-property NOI growth and 4%-8% FFO growth for 2027-29, with occupancy reaching 96% and distribution increases of 4%-8%. HBC backfill, lease-up, selective acquisitions and disciplined capital recycling underpin growth.
Primaris Real Estate Investment Trust Slides: FY 2026
Primaris Real Estate Investment Trust has posted slides in relation to its FY 2026 quarterly earnings report, which was published on October 7, 2026.
Primaris Real Estate Investment Trust Press release: FY 2026
Primaris Real Estate Investment Trust issued a press release on October 7, 2026, disclosing material business information to investors.
Primaris REIT to Share Insights to Future Growth and Provide New Three-Year Performance Targets at Investor Day
TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) is hosting its Investor Day today, in Montreal, Quebec, where its leadership team will share f...
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 September 30, 2026, on Wednesday...
Primaris REIT upgraded to Strong Buy from Outperform at Raymond James
Raymond James upgraded Primaris REIT (PMREF) to Strong Buy from Outperform with a C$25.50 price target Canadian REITs are facing another rate-driven reset as the 10-year GoC yield has risen…
Primaris REIT Announces $411 Million Acquisition of Leading GTA Shopping Centre, Upper Canada Mall
TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or the “REIT”) (TSX: PMZ.UN) announced today that it has agreed to acquire a 100% interest in Upper Canada Mall in Newmarket...
Primaris REIT Announces Closing of $230 Million Equity Offering
TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) announced today the closing of the previously announced public offering (the “Offering”) of Se...
Primaris Real Estate Investment Trust Slides: Corporate presentation
Primaris Real Estate Investment Trust has posted slides in relation to its latest quarterly earnings report, which was published on September 14, 2026.
Primaris REIT Announces Distribution for September 2026
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 $0.07333 per unit fo...
Primaris REIT Announces Distribution for August 2026
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 $0.07333 per unit fo...
Primaris REIT price target raised to C$26 from C$25 at BMO Capital
BMO Capital raised the firm’s price target on Primaris REIT (PMREF) to C$26 from C$25 and keeps an Outperform rating on the shares.
Primaris REIT price target raised to C$26 from C$25 at CIBC
CIBC analyst Tal Woolley raised the firm’s price target on Primaris REIT (PMREF) to C$26 from C$25 and keeps an Outperformer rating on the shares.