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

Canada flag Canada · Delayed Price · Currency is CAD
19.91
+0.08 (0.40%)
Oct 4, 2024, 4:00 PM EDT
16.09%
Market Cap 5.98B
Revenue (ttm) 1.23B
Net Income (ttm) 59.79M
Shares Out 300.47M
EPS (ttm) 0.20
PE Ratio 100.04
Forward PE 11.19
Dividend 1.11 (5.58%)
Ex-Dividend Date Sep 27, 2024
Volume 607,360
Open 19.73
Previous Close 19.83
Day's Range 19.66 - 19.99
52-Week Range 16.26 - 20.83
Beta 1.31
Analysts n/a
Price Target n/a
Earnings Date Nov 11, 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]

Industry REIT - Retail
Sector Real Estate
Founded 1993
Employees 568
Stock Exchange Toronto Stock Exchange
Ticker Symbol REI.UN
Full Company Profile

Financial Performance

In 2023, REI.UN's revenue was 1.18 billion, a decrease of -4.81% compared to the previous year's 1.24 billion. Earnings were 38.80 million, a decrease of -83.61%.

Financial Statements

News

Stock Picks From Seeking Alpha's September 2024 New Analysts

In September, thirty new analysts joined Seeking Alpha, offering diverse stock picks and insights, from Strong Buy to Strong Sell ratings. Highlighted picks include InMode Ltd., Intel Corporation, and...

2 days ago - Seeking Alpha

RioCan Real Estate Investment Trust Completes $700 Million Issuance of Series AL and Series AM Senior Unsecured Debentures

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES TORONTO — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced that it has comple...

3 days ago - Financial Post

RioCan Real Estate Investment Trust Completes $700 Million Issuance of Series AL and Series AM Senior Unsecured Debentures

TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced that it has completed its previously announced issuance of $700 million aggregate ...

3 days ago - Business Wire

RioCan Real Estate Investment Trust Schedules Third 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 and nine months ended Septemb...

6 days ago - Financial Post

RioCan Real Estate Investment Trust Schedules Third 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 and nine mont...

6 days ago - Business Wire

RioCan Real Estate Investment Trust announces $700M debentures

Expert financial writer discusses important topics in personal finance, investing, and money management.

12 days ago - Seeking Alpha

RioCan Real Estate Investment Trust Announces Offering of $700 Million of Senior Unsecured Debentures

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES TORONTO — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced that it has agreed...

13 days ago - Financial Post

RioCan Real Estate Investment Trust Announces Redemption of Series AI Senior Unsecured Debentures

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES TORONTO — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced that it is exercis...

13 days ago - Financial Post

RioCan Real Estate Investment Trust Announces Redemption of Series AI Senior Unsecured Debentures

TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced that it is exercising the option to redeem its $300 million, 6.488% Series AI seni...

13 days ago - Business Wire

RioCan Real Estate Investment Trust Announces Offering of $700 Million of 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 $700 million aggregate principal amount of senior unse...

13 days ago - Business Wire

RioCan Real Estate Investment Trust Announces September 2024 Distribution

RioCan Real Estate Investment Trust ("RioCan") (TSX: REI) today announced a distribution of 9.25 cents per unit for the month of September. The distribution will be payable on October 7, 2024, to uni...

20 days ago - Benzinga

RioCan Real Estate Investment Trust Announces September 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 September. The distribution will be payabl...

20 days ago - Business Wire

RioCan Real Estate Investment Trust Announces August 2024 Distribution

RioCan Real Estate Investment Trust ("RioCan") (TSX: REI) today announced a distribution of 9.25 cents per unit for the month of August. The distribution will be payable on September 9, 2024, to unit...

7 weeks ago - Benzinga

RioCan Real Estate Investment Trust Announces August 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 August. The distribution will be payable o...

7 weeks ago - Business Wire

RioCan REIT: 8-Year Return Drought Sets Up An Entry For 6.5% Yielder

We had rated RioCan REIT stock as a hold last November. We review the Q2-2024 results and tell you why we like this enough to give this a Buy. Explore more details here.

7 weeks ago - Seeking Alpha

Riocan Real Estate Investment Trust (RIOCF) Q2 2024 Earnings Call Transcript Highlights: Record ...

Riocan Real Estate Investment Trust (RIOCF) Q2 2024 Earnings Call Transcript Highlights: Record Leasing Spreads and Strong Occupancy Rates

7 weeks ago - GuruFocus

Q2 2024 RioCan Real Estate Investment Trust Earnings Call Transcript

Q2 2024 RioCan Real Estate Investment Trust Earnings Call Transcript

7 weeks ago - GuruFocus

RioCan profit rises in second quarter on record-breaking leasing spreads, resilient tenant mix

CEO emphasizes portfolio's defensive characteristics

2 months ago - Financial Post

RioCan's real estate developement pipeline

Jonathan Gitlin, CEO of RioCan Real Estate Investment Trust, joins BNN Bloomberg to discuss the company's latest earnings and outlook for the future.

2 months ago - BNN Bloomberg

RioCan Real Estate Investment Trust reports Q2 results

RIOCF reports strong Q2 results with FFO per unit of C$0.43 and net income of C$122.4 million, driving shares down -0.06% AH.

2 months ago - Seeking Alpha

RioCan Reports Second Quarter Results – Strong Demand Continues to Drive Rents and Occupancy Higher, Preserving Stability and Fueling Growth for the Long-term

All-time high new leasing spread of 52.5% drove blended leasing spread to 23.4% More than 1,150,000 square feet of leases completed, including 489,000 square feet of new leases Retail committed occupa...

2 months ago - Financial Post