RioCan Real Estate Investment Trust (TSX: REI.UN)
Canada
· Delayed Price · Currency is CAD | Market Cap | 5.42B |
| Revenue (ttm) | 1.13B |
| Net Income (ttm) | 38.80M |
| Shares Out | 299.96M |
| EPS (ttm) | 0.13 |
| PE Ratio | 137.23 |
| Forward PE | 9.91 |
| Dividend | 1.09 (6.03%) |
| Ex-Dividend Date | Apr 29, 2024 |
| Volume | 539,750 |
| Open | 17.88 |
| Previous Close | 17.84 |
| Day's Range | 17.73 - 18.04 |
| 52-Week Range | 16.32 - 20.85 |
| Beta | 1.27 |
| Analysts | n/a |
| Price Target | 21.38 (+18.58%) |
| Earnings Date | May 8, 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. [Read more]
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%.
Financial StatementsNews
RioCan Real Estate Investment Trust declares CAD 0.0925 monthly dividend
RioCan Real Estate Investment Trust Announces April 2024 Distribution
RioCan Real Estate Investment Trust ("RioCan") (TSX: REI) today announced a distribution of 9.25 cents per unit for the month of April. The distribution will be payable on May 7, 2024, to unitholders...
RioCan Real Estate Investment Trust Announces April 2024 Distribution
TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 9.25 cents per unit for the month of April. The distribution will be payable on...
RioCan Real Estate Investment Trust Schedules First Quarter 2024 Earnings Release, Conference Call and Webcast
TORONTO — RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced that it is scheduled to release its financial and operational results for the three months ended March 31, 2024 a...
RioCan Real Estate Investment Trust Schedules First Quarter 2024 Earnings Release, Conference Call and Webcast
TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced that it is scheduled to release its financial and operational results for the three months ended ...
RioCan Real Estate Investment Trust Completes Issuance of an Additional $150 Million of Series AJ Senior Unsecured Debentures
TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced that it has closed its previously announced issuance of an additional $150 million...
RioCan Real Estate Investment Trust Announces Offering of an Additional $150 million of Series AJ Senior Unsecured Debentures
TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced that it has agreed to issue an additional $150 million principal amount (the “Addi...
RioCan Real Estate Investment Trust Announces March 2024 Distribution
TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 9.25 cents per unit for the month of March. The distribution will be payable on...
RioCan Real Estate Investment Trust (RIOCF) Q4 2023 Earnings Call Transcript
RioCan Real Estate Investment Trust 2023 Q4 - Results - Earnings Call Presentation
RioCan Real Estate Investment Trust reports Q4 results; initiates FY24 guidance
RioCan Reports Fourth Quarter and Year End 2023 Results - FFO per Unit Growth Enables Annualized Distributions Increase of 2.8% to $1.11 Per Unit
TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust (“RioCan" or the "Trust”) (TSX: REI.UN) announced today its financial results for the three months and year ended December 31, 2023. “RioC...
RioCan Real Estate Investment Trust Completes Issuance of $300 million, Series AJ Senior Unsecured Debentures
TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced that it has closed its previously announced issuance of $300 million principal amount of Series A...
RioCan Real Estate Investment Trust Announces Appointment of Guy Metcalfe to the Board of Trustees
TORONTO--(BUSINESS WIRE)--The Board of Trustees (the "Board") of RioCan Real Estate Investment Trust ("RioCan") (TSX: REI.UN) today announced that it has appointed Guy Metcalfe as a Trustee effective ...
RioCan: A 6% Yield With A Margin Of Safety
RioCan Real Estate Investment Trust Announces January 2024 Distribution
TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 9 cents per unit for the month of January. The distribution will be payable on ...
RioCan Real Estate Investment Trust Announces Issuance of $300 million, Series AJ Senior Unsecured Debentures with a coupon rate of 5.470%
TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced that it has agreed to issue $300 million principal amount of Series AJ senior unsecured debenture...
Sale of Glenmore Landing property given OK by city committee
The city's infrastructure and planning committee voted 8-3 in favour of selling the land to the RioCan REIT, which plans to eventually redevelop the site.
RioCan Real Estate Investment Trust Schedules Fourth Quarter 2023 Earnings Release, Conference Call and Webcast
TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced that it is scheduled to release its financial and operational results for the three months and ye...
RioCan Real Estate Investment Trust Announces December 2023 Distribution
TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 9 cents per unit for the month of December. The distribution will be payable on...
RioCan Real Estate Investment Trust Announces Refinements to its Executive Compensation Program
TORONTO--(BUSINESS WIRE)--The Board of Trustees (the “Board”) of RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced that it has made refinements to further ali...
RioCan Real Estate Investment Trust Announces November 2023 Distribution
TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 9 cents per unit for the month of November. The distribution will be payable on...
RioCan Real Estate Investment Trust Announces Renewal of Normal Course Issuer Bid
TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today announced that the Toronto Stock Exchange has approved its notice of intention to make a normal course issue...
RioCan Reports Third Quarter 2023 Results - Strong Core Business and Development Deliveries
TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust (“RioCan" or the "Trust”) (TSX: REI.UN) announced today its financial results for the three and nine months ended September 30, 2023 (the ...
RioCan Real Estate Investment Trust Announces October 2023 Distribution
TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 9 cents per unit for the month of October. The distribution will be payable on ...