
TSE:CRT.UN
This summary was created by AI, based on 3 opinions in the last 12 months.
CT Real Estate Investment Trust (symbol CRT.UN-T) receives a generally positive assessment from experts, who regard it as a stable investment primarily benefiting from its strong ties with Canadian Tire, which accounts for 92% of its rent. While the growth rates are relatively low, expectations remain steady with projections around 2% topline growth translating to approximately 3% on the bottom line. Analysts appreciate management and note the safety of the distribution yield, which is just under 6%. Furthermore, current technical indicators suggest a bullish trend with a series of higher highs and lows, aligning well with defensive investment strategies in a potentially volatile market. Overall, the consensus is that CT offers capital protection akin to bonds while providing a reliable dividend income.
They will probably have no trouble collecting their rents. Their business will be challenged by the AMZN-Q model. He would not chase them here as they are expensive.
This is probably the safer way to get a little bit of income into your portfolio without having to take on a lot of volatility. His only concern is that, given that it is a very well capitalized company, if Canadian Tire is going to be a going concern over the course of the next 10-15 years. This is probably a good opportunity to get yield and have a little bit of upside.
Holds Canadian Tire real estate as well as some of the properties. A great company. They have good growth built into their leases and a very good real estate management team. This has been flat for about a year, and is starting to look more attractive. They continue to do very well on their earnings. Many retailers have faced issues, but this is not one of them. However, if that happens, you will end up with buildings in very, very small towns.