Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Canadian Net Real Estate Investment Trust Trust Units (TSE:NET.UN)
TSXV:NET.UN
RESEARCH TOOLSreports
Canadian Net Real Estate Investment Trust Trust Units (NET.UN) Stock Price & Analysis
41 Followers
NET.UN Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$4.31 - C$5.23
Previous CloseC$4.96
Volume5.65K
Average Volume (3M)10.61K
Market Cap
C$101.16M
Enterprise ValueC$270.26M
Total Cash (Recent Filing)C$2.82M
Total Debt (Recent Filing)C$171.93M
Price to Earnings (P/E)7.0
Beta0.42
Next Earnings
Aug 23, 2024EPS EstimateN/A
Next Dividend Ex-Date
Sep 13, 2024Dividend Yield7.01%
Share Statistics
EPS (TTM)0.71
Shares Outstanding20,528,502
10 Day Avg. Volume8,394
30 Day Avg. Volume10,608
Standard Deviation0.06
R-Squared0.19
Alpha-0.00152
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)3.84
Price to Cash Flow (P/CF)7.60
P/FCF Ratio5.20
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$6.00Price Target Upside20.97% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe REIT's portfolio remains fully occupied, indicating strong property demand and consistent financial performance.
Growth ProspectsAnticipated leasing spreads for 2025 expiries should support modest organic Net Operating Income growth.
Strategic TransactionsAsset sales are expected to be accretive, enhancing value for shareholders and potentially reducing the company's debt burden.
Bears Say
Cost ManagementHigher interest expenses and general & administrative costs have neutralized the effects of organic net operating income growth, suggesting the company is facing cost pressures.
Financial PerformanceCanadian Net reported a year-over-year decline in Funds From Operations (FFO) per unit, indicating a potential weakening in the company's earning power.
Market ConditionsThe company is navigating a tough external growth environment characterized by interest rate volatility and high asset values, which could hinder future expansion and profitability.
---
Options Prices
Currently, No data available
---
Ownership Overview
57.24% Insiders
0.00% Mutual Funds
0.37% Other Institutional Investors
42.39% Public Companies and
Individual Investors
NET.UN FAQ
What was Canadian Net Real Estate Investment Trust Trust Units’s price range in the past 12 months?
Canadian Net Real Estate Investment Trust Trust Units lowest stock price was C$4.31 and its highest was C$5.23 in the past 12 months.
What is Canadian Net Real Estate Investment Trust Trust Units’s market cap?
Currently, no data Available
When is Canadian Net Real Estate Investment Trust Trust Units’s upcoming earnings report date?
Canadian Net Real Estate Investment Trust Trust Units’s upcoming earnings report date is Aug 23, 2024 which is in 90 days.
How were Canadian Net Real Estate Investment Trust Trust Units’s earnings last quarter?
Canadian Net Real Estate Investment Trust Trust Units released its earnings results on May 21, 2024. The company reported C$0.061 earnings per share for the quarter, beating the consensus estimate of N/A by C$0.061.
Is Canadian Net Real Estate Investment Trust Trust Units overvalued?
According to Wall Street analysts Canadian Net Real Estate Investment Trust Trust Units’s price is currently Undervalued.
Does Canadian Net Real Estate Investment Trust Trust Units pay dividends?
Canadian Net Real Estate Investment Trust Trust Units pays a Monthly dividend of C$0.03 which represents an annual dividend yield of 7.01%. See more information on Canadian Net Real Estate Investment Trust Trust Units dividends here
What is Canadian Net Real Estate Investment Trust Trust Units’s EPS estimate?
Canadian Net Real Estate Investment Trust Trust Units’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Canadian Net Real Estate Investment Trust Trust Units have?
Canadian Net Real Estate Investment Trust Trust Units has 20,561,060 shares outstanding.
What happened to Canadian Net Real Estate Investment Trust Trust Units’s price movement after its last earnings report?
Canadian Net Real Estate Investment Trust Trust Units reported an EPS of C$0.061 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -0.201%.
Which hedge fund is a major shareholder of Canadian Net Real Estate Investment Trust Trust Units?
Currently, no hedge funds are holding shares in TSE:NET.UN
---
Canadian Net Real Estate Investment Trust Trust Units Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
C$6.00 (20.97% Upside)
C$6.00 (20.97% Upside)
Blogger Sentiment
Bullish
TSE:NET.UN Sentiment 100%
Sector Average 69%
Sector Average 69%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
2.28%
12-Months-Change
Fundamentals
Return on Equity
11.68%
Trailing 12-Months
Asset Growth
0.72%
Trailing 12-Months
Company Description
Canadian Net Real Estate Investment Trust Trust Units
Fronsac Real Estate Investment Trust is an open-ended real estate investment trust. The REIT, through its subsidiaries, joint ventures and co-ownerships, operates as a lessor of commercial real estate properties. The trust derives rental revenue from its four segments, being Major Canadian energy companies; Retail; Quick service restaurants; and Convenience store companies. Geographically, the company primarily operates in Canada.
---
NET.UN Stock 12 Month Forecast
Average Price Target
C$6.00
▲(20.97% Upside)
Technical Analysis
Crombie Real Estate ate
―
H&R Real Estate ate Staple
―
Morguard Real Estate ate
―
Lanesborough Trust Un
―
Best Analysts Covering NET.UN
1 Year
1 Year Success Rate
4/11 ratings generated profit
1 Year Average Return
-9.46%
reiterated a buy rating 4 days ago
Copying David Chrystal's trades and holding each position for 1 Year would result in 36.36% of your transactions generating a profit, with an average return of -9.46% per trade.
---