True North Commercial Real Estate Investment Trust (TUERF)

OTCMKTS · Delayed Price · Currency is USD
5.56
-0.80 (-12.58%)
At close: Apr 9, 2025
-16.27%
Market Cap 95.37M
Revenue (ttm) 88.20M
Net Income (ttm) -14.56M
Shares Out n/a
EPS (ttm) -1.03
PE Ratio n/a
Forward PE n/a
Dividend 0.04 (0.74%)
Ex-Dividend Date Apr 30, 2025
Volume 391
Average Volume 1,269
Open 5.56
Previous Close 6.36
Day's Range 5.56 - 5.56
52-Week Range 5.56 - 9.72
Beta 1.43
RSI 40.49
Earnings Date May 7, 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 44 commercial properties consisting of approximately 4.8 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]

Industry REIT - Office
Sector Real Estate
Founded 2012
Country Canada
Stock Exchange OTCMKTS
Ticker Symbol TUERF
Full Company Profile

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 Statements

News

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...

4 weeks ago - Seeking Alpha

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 ...

5 months ago - Seeking Alpha

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 ...

9 months ago - Seeking Alpha

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-...

9 months ago - Seeking Alpha

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...

11 months ago - Seeking Alpha

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...

11 months ago - Seeking Alpha

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...

1 year ago - Seeking Alpha