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

Canada flag Canada · Delayed Price · Currency is CAD
17.56
-0.11 (-0.62%)
May 17, 2024, 4:00 PM EDT
-12.98%
Market Cap 5.28B
Revenue (ttm) 1.17B
Net Income (ttm) 49.39M
Shares Out 299.96M
EPS (ttm) 0.17
PE Ratio 103.29
Forward PE 9.91
Dividend 1.09 (6.19%)
Ex-Dividend Date Apr 29, 2024
Volume 822,843
Open 17.72
Previous Close 17.67
Day's Range 17.46 - 17.72
52-Week Range 16.32 - 20.53
Beta 1.28
Analysts n/a
Price Target 20.70 (+17.88%)
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. [Read more]

Industry REIT - Retail
Sector Real Estate
CEO Jonathan Gitlin
Country Canada
Stock Exchange Toronto Stock Exchange
Ticker Symbol REI.UN
Full Company Profile

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 Statements

News

RioCan Real Estate Investment Trust Announces May 2024 Distribution

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

5 days ago - Benzinga

RioCan Real Estate Investment Trust Announces May 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 May. The distribution will be payable on J...

5 days ago - Business Wire

RioCan REIT reports annual profit increase in first quarter

Shopping centre owner RioCan REIT reports Q1 profit up from year ago

12 days ago - BNN Bloomberg

RioCan REIT reports profits up as retail demand holding up well

Shopping centre owner RioCan REIT reports Q1 profit up from year ago

12 days ago - BNN Bloomberg

RioCan Reports First Quarter Results – Strong Leasing Results Driven by Accelerated Demand for High-Quality RioCan Space

More than 1,330,000 square feet of leases completed, including 482,000 square feet of new leases Strong demand drove blended leasing spread to 14%, including new leasing spread of 20% Strategic leasin...

12 days ago - Financial Post

RioCan Reports First Quarter Results - Strong Leasing Results Driven by Accelerated Demand for High-Quality RioCan Space

TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust (“RioCan" or the "Trust”) (TSX: REI.UN) announced today its financial results for the three months ended March 31, 2024. “We continue to d...

12 days ago - Business Wire

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...

5 weeks ago - Benzinga

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...

5 weeks ago - Business Wire

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...

7 weeks ago - Financial Post

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 ...

7 weeks ago - Business Wire

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...

7 weeks ago - Business Wire

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...

7 weeks ago - Business Wire

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...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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 ...

3 months ago - Business Wire

RioCan: A 6% Yield With A Margin Of Safety

3 months ago - Seeking Alpha

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 ...

4 months ago - Business Wire