HR-UN:CA:TSX-H&R Real Estate Investment Trust (CAD)

COMMON STOCK | REIT - Diversified |

Last Closing

CAD 11.56

Change

+0.11 (+0.96)%

Market Cap

CAD 3.21B

Volume

0.37M

Analyst Target

CAD 14.64
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

H&R REIT is one of Canada's largest real estate investment trusts with total assets of approximately $10.8 billion as at December 31, 2023. H&R REIT has ownership interests in a North American portfolio comprised of high-quality residential, industrial, office and retail properties comprising over 26.9 million square feet. H&R's strategy is to create a simplified, growth-oriented business focused on residential and industrial properties in order to create sustainable long term value for unitholders. H&R plans to sell its office and retail properties as market conditions permit. H&R's target is to be a leading owner, operator and developer of residential and industrial properties, creating value through redevelopment and greenfield development in prime locations within Toronto, Montreal, Vancouver, and high growth U.S. sunbelt and gateway cities.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-26 )

Largest Industry Peers for REIT - Diversified

Symbol Name Price(Change) Market Cap
CRR-UN:CA Crombie Real Estate Investment..

+0.10 (+0.63%)

CAD 2.91B
AX-PI:CA Artis Real Estate Investment T..

+0.10 (+0.48%)

CAD 1.44B
AX-UN:CA Artis Real Estate Investment T..

+0.01 (+0.13%)

CAD 0.83B
MRT-UN:CA Morguard Real Estate Investmen..

+0.04 (+0.70%)

CAD 0.36B
MR-UN:CA Melcor Real Estate Investment ..

N/A

CAD 0.14B
MPCT-UN:CA Dream Impact Trust

+0.01 (+0.25%)

CAD 0.07B
AX-PE:CA Artis Real Estate Investment T..

-0.10 (-0.48%)

N/A

ETFs Containing HR-UN:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (REIT - Diversified) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 16.77% 63% D 70% C-
Dividend Return 2.02% 29% F 51% F
Total Return 18.79% 63% D 70% C-
Trailing 12 Months  
Capital Gain 24.17% 88% B+ 67% D+
Dividend Return 2.15% 14% F 40% F
Total Return 26.32% 63% D 67% D+
Trailing 5 Years  
Capital Gain -50.09% 40% F 9% A-
Dividend Return 4.77% 20% F 15% F
Total Return -45.31% 20% F 9% A-
Average Annual (5 Year Horizon)  
Capital Gain -4.97% 63% D 11% F
Dividend Return -3.81% 50% F 11% F
Total Return 1.15% 25% F 39% F
Risk Return Profile  
Volatility (Standard Deviation) 34.04% 13% F 26% F
Risk Adjusted Return -11.21% 63% D 21% F
Market Capitalization 3.21B 100% F 81% B-

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

What to not like:
Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.