Nexus Industrial REIT (TSX: NXR.UN)
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]
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 StatementsNews
Nexus Industrial REIT (EFRTF) Q3 2024 Earnings Call Transcript
Nexus Industrial REIT reports Q3 results
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...
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 ...
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...
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 ...
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...
Nexus Industrial REIT declares CAD 0.0533 dividend
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.
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.
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.
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
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...
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
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...
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...
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...
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.
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...
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...
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.
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,...
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
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...
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 ...