True North Commercial Real Estate Investment Trust (TUERF)
| Market Cap | 95.50M |
| Revenue (ttm) | 87.33M |
| Net Income (ttm) | -17.76M |
| Shares Out | n/a |
| EPS (ttm) | -1.27 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | 0.12 (1.77%) |
| Ex-Dividend Date | May 30, 2025 |
| Volume | 517 |
| Average Volume | 973 |
| Open | 7.09 |
| Previous Close | 6.72 |
| Day's Range | 7.06 - 7.09 |
| 52-Week Range | 5.56 - 9.72 |
| Beta | 1.27 |
| RSI | 54.01 |
| Earnings Date | Aug 5, 2025 |
About TUERF
The REIT is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. The REIT currently owns and operates a portfolio of 40 commercial properties consisting of approximately 4.6 million square feet in urban and select strategic secondary markets across Canada focusing on long term leases with government and credit rated tenants. The REIT is focused on growing its portfolio principally through acquisitions across Canada and such other jurisdictions where opportunities exist. [Read more]
Financial Performance
In 2024, TUERF's revenue was 126.91 million, a decrease of -4.01% compared to the previous year's 132.20 million. Losses were -20.95 million, -48.42% less than in 2023.
Financial numbers in CAD Financial StatementsNews
True North Commercial REIT: Downside Risk Is Fully Priced
TNT, like other office REITs, has seen a significant decrease in valuation over the past few years. TNT presents a high-risk, high-reward opportunity for investors who believe the office market is app...
True North REIT: Distribution Back With A 6.5% Yield
We had previously recognized that the strong leasing momentum had reduced some risks for True North Commercial REIT. This quarter continued in that fashion and the distribution made a comeback as well...
True North: Strong Leasing Quarter Reduces Risk
True North REIT's Q3-2024 showed strong leasing activity, exceeding expectations with over 550,000 square feet leased. Interest rate headwinds loom, with 60% of debt maturing in two years. We go over ...
True North's 2024 Q2 Update: Recovery In Sight
Market overreaction towards True North Commercial Real Estate Investment Trust since late 2023 has deepened in Q2 2024, presenting a risky but potentially rewarding investment opportunity. True North ...
81 Monthly Paid Dividend Stocks And 80 MoPay Funds For July
Imagine stocks and funds paying you dividends monthly! Unlike waiting for quarterly, semi-annual, or (ugh) annual payouts, your angst awaiting money is reduced 300%, or more! These July U.S. exchange-...
True North: The Similarities With Slate, Inovalis And Dream
True North Commercial Real Estate Investment Trust holds a portfolio of office properties across Canada. We have had only Sell and Hold ratings on this REIT as the systemic stress has been quite sever...
True North's 2024 Q1 Update: Still Navigating Through Turbulence
True North's market overreaction presents a buying opportunity despite the decline in revenue and net operating income. Occupancy rates have improved slightly and True North is well-positioned to capt...
True North Commercial REIT: 3 Reasons We Are Not Buying
True North Commercial REIT has rebounded off the 2023 lows. The recently released results had something for the bulls and the bears. We go over them and tell you why we are not putting this on our Sla...