RioCan Real Estate Investment Trust (TSX: REI.UN)

Market Cap	5.11B
Revenue (ttm)	1.17B
Net Income (ttm)	49.39M
Shares Out	299.96M
EPS (ttm)	0.17
PE Ratio	99.35
Forward PE	9.91
Dividend	1.09 (6.43%)
Ex-Dividend Date	Jun 28, 2024

Volume	795,351
Open	17.00
Previous Close	16.81
Day's Range	16.77 - 17.04
52-Week Range	16.26 - 20.52
Beta	1.30
Analysts	n/a
Price Target	20.70 (+21.84%)
Earnings Date	Jul 30, 2024

About REI.UN

RioCan is one of Canada's largest real estate investment trusts. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at December 31, 2023, our portfolio is comprised of 188 properties with an aggregate net leasable area of approximately 32.6 million square feet (at RioCan's interest) including office, residential rental and 9 development properties.

• Industry: REIT - Retail
• Sector: Real Estate
• CEO: Jonathan Gitlin
• Employees: 565
• Stock Exchange: Toronto Stock Exchange
• Ticker Symbol: REI.UN

Financial Performance

In 2023, REI.UN's revenue was 1.16 billion, a decrease of -4.58% compared to the previous year's 1.21 billion. Earnings were 38.80 million, a decrease of -83.61%.