Nexus Industrial REIT (TSX: NXR.UN)

Canada flag Canada · Delayed Price · Currency is CAD
7.99
-0.10 (-1.24%)
Nov 20, 2024, 1:45 PM EST
7.39%
Market Cap 567.41M
Revenue (ttm) 172.86M
Net Income (ttm) 43.34M
Shares Out 70.75M
EPS (ttm) 0.61
PE Ratio 13.09
Forward PE 13.31
Dividend 0.64 (7.98%)
Ex-Dividend Date Nov 29, 2024
Volume 98,958
Open 8.03
Previous Close 8.09
Day's Range 7.98 - 8.06
52-Week Range 6.47 - 9.15
Beta 1.51
Analysts n/a
Price Target n/a
Earnings Date Nov 14, 2024

About Nexus Industrial REIT

Nexus Industrial REIT is a growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition of industrial properties located in primary and secondary markets in Canada, and the ownership and management of its portfolio of properties. The REIT currently owns a portfolio of 116 properties (including two properties held for development in which the REIT has an 80% interest) comprising approximately 12.4 million square feet of gross leasable area. The REIT has approximately 93,038,000 voting units issued a... [Read more]

Sector Real Estate
Founded 2012
Country Canada
Stock Exchange Toronto Stock Exchange
Ticker Symbol NXR.UN
Full Company Profile

Financial Performance

In 2023, Nexus Industrial REIT's revenue was 157.72 million, an increase of 13.53% compared to the previous year's 138.92 million. Earnings were 160.03 million, an increase of 32.40%.

Financial Statements

News

Nexus Industrial REIT reports Q3 results

9 days ago - Seeking Alpha

Nexus Industrial REIT Announces Third Quarter 2024 Financial Results

Industrial weighting increasing as legacy assets are sold Net Operating Income grows 11.0% as recent investments yield returns TORONTO, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Nexus Industrial REIT (the “RE...

9 days ago - GlobeNewsWire

Nexus Industrial REIT Announces Third Quarter Results Date, and November and December Distributions

TORONTO, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Nexus Industrial REIT (“Nexus” or the "REIT") (TSX: NXR.UN) announced today that it intends to release its financial results for the quarter ended September ...

4 weeks ago - GlobeNewsWire

Nexus Industrial REIT Announces the Sale of Its Remaining Old Montreal Office Portfolio and Vacant Land

TORONTO, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Nexus Industrial REIT (“Nexus” or the "REIT") (TSX: NXR.UN) is pleased to announce the sale of its 50% ownership interest in its remaining Old Montreal offic...

5 weeks ago - GlobeNewsWire

Nexus Industrial REIT Announces the Appointment of Mary Vitug to Its Board of Trustees

TORONTO, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Nexus Industrial REIT (“Nexus” or the "REIT") (TSX: NXR.UN) is pleased to announce the appointment of Mary Vitug to the Board of Trustees, effective October ...

6 weeks ago - GlobeNewsWire

Nexus Industrial REIT Announces the Sale of Six Legacy Office Properties, Lease Update and Credit Facility Extension

TORONTO, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Nexus Industrial REIT (“Nexus” or the “REIT”) (TSX: NXR.UN) is pleased to announce the sale of its 50% ownership interest in six office buildings located in...

2 months ago - GlobeNewsWire

Nexus Industrial REIT Announces September and October Distributions

TORONTO, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Nexus Industrial REIT (“Nexus” or the "REIT") (TSX: NXR.UN) announced today the declaration of the September and October 2024 distributions.

2 months ago - GlobeNewsWire

Nexus Industrial REIT: More Upside For 8% Yielder

We had given Nexus Industrial REIT (NXR.UN:CA) a third consecutive buy rating, despite a challenging payout ratio. See why we downgrade it now to a hold.

3 months ago - Seeking Alpha

Nexus Industrial REIT: The 8.5% Yield Will Soon Be Fully Covered

Nexus Industrial REIT is paying a generous dividend that's not fully covered right now. Click here to read why EFRTF stock is a Buy.

3 months ago - Seeking Alpha

Nexus Industrial REIT (EFRTF) Q2 2024 Earnings Call Transcript Highlights: Strong NOI Growth ...

Nexus Industrial REIT (EFRTF) Q2 2024 Earnings Call Transcript Highlights: Strong NOI Growth Amid Rising Expenses

3 months ago - GuruFocus

Nexus Industrial REIT (EFRTF) Q2 2024 Earnings Call Transcript

Nexus Industrial REIT (OTC:EFRTF) Q2 2024 Earnings Conference Call August 15, 2024 10:00 AM ETCompany ParticipantsKelly Hanczyk - Chief Executive...

3 months ago - Seeking Alpha

Nexus Industrial REIT Announces Second Quarter 2024 Financial Results

Net Operating Income grows 14.2% as recent investments begin yielding returns Net Operating Income grows 14.2% as recent investments begin yielding returns

3 months ago - GlobeNewsWire

Nexus Industrial REIT Announces Second Quarter Results Date, and July and August Distributions

TORONTO, July 18, 2024 (GLOBE NEWSWIRE) -- Nexus Industrial REIT (“Nexus” or the "REIT") (TSX: NXR.UN) announced today that it intends to release its financial results for the quarter ended June 30, 2...

4 months ago - GlobeNewsWire

Nexus Industrial REIT Mourns the Death of Trustee Louie DiNunzio

TORONTO, July 11, 2024 (GLOBE NEWSWIRE) -- Nexus Industrial REIT (“Nexus” or the "REIT") (TSX: NXR.UN) is deeply saddened by the sudden passing of Board Trustee Louie DiNunzio on June 1, 2024, and off...

4 months ago - GlobeNewsWire

Nexus Industrial REIT Announces Suspension of Distribution Reinvestment Plan

TORONTO, June 21, 2024 (GLOBE NEWSWIRE) -- Nexus Industrial REIT (“Nexus” or the "REIT") (TSX: NXR.UN) today announced the suspension of its Distribution Reinvestment Plan (the “DRIP”), effective July...

5 months ago - GlobeNewsWire

Nexus Industrial: 9% Yielder's Payout Ratio Goes To 120%

We have given two buy ratings on Nexus Industrial REIT. The stock has gone a bit lower since our last update. We examine the elevated payout ratio in the latest quarter and update our thesis.

6 months ago - Seeking Alpha

Nexus Industrial REIT (EFRTF) Q1 2024 Earnings Call Transcript

Nexus Industrial REIT (OTC:EFRTF) Q1 2024 Earnings Conference Call May 15, 2024 10:00 AM ET Company Participants Kelly Hanczyk - Chief Executive Officer Michael Rawle - Chief Financial Officer Confere...

6 months ago - Seeking Alpha

Nexus Industrial REIT Announces First Quarter 2024 Financial Results and Annual Meeting Voting Results

Transitioning to a pure-play Canadian industrial REIT through accretive development, strategic sales, and targeted acquisitions. Transitioning to a pure-play Canadian industrial REIT through accretive...

6 months ago - GlobeNewsWire

Nexus Industrial REIT Announces May and June Distributions

TORONTO, May 07, 2024 (GLOBE NEWSWIRE) -- Nexus Industrial REIT (“Nexus” or the "REIT") (TSX: NXR.UN) announced today the declaration of the May and June 2024 distributions.

7 months ago - GlobeNewsWire

Nexus Industrial REIT Announces First Quarter Results Date

TORONTO, April 29, 2024 (GLOBE NEWSWIRE) -- Nexus Industrial REIT (“Nexus” or the "REIT") (TSX: NXR.UN) announced today that it intends to release its financial results for the quarter ended March 31,...

7 months ago - GlobeNewsWire

Nexus Industrial REIT (EFRTF) Q4 2023 Earnings Call Transcript

Nexus Industrial REIT (OTC:EFRTF) Q4 2023 Results Conference Call March 14, 2024 10:00 AM ET

8 months ago - Seeking Alpha

Nexus Industrial REIT Announces Fourth Quarter and Full Year 2023 Financial Results

Furthering its transition to a pure-play Canadian industrial REIT through strategic acquisitions Industrial Net Operating Income weighting grows to 93% TORONTO, March 13, 2024 (GLOBE NEWSWIRE) -- Nexu...

9 months ago - GlobeNewsWire

Nexus Industrial REIT Announces Fourth Quarter and Year-End 2023 Results Date

TORONTO, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Nexus Industrial REIT (“Nexus” or the "REIT") (TSX: NXR.UN) announced today that it intends to release its financial results for the fourth quarter and year ...

10 months ago - GlobeNewsWire