
TSE:CRT.UN
This summary was created by AI, based on 3 opinions in the last 12 months.
CT Real Estate Investment (CRT.UN-T) has received positive reviews from several experts, highlighting its stability and connection to Canadian Tire, which contributes 92% of its rent and holds 70% of the REIT. Although the growth prospects are modest, with expectations of about 2% top-line growth, the management is highly regarded, and the distribution yield is considered safe at just below 6%. Experts appreciate its technical performance, noting a series of higher highs and higher lows, suggesting it could be primed for a breakout. With a current yield of 5.98% and an analyst price target of $16.49, many see CRT.UN-T as a reliable defensive investment option that offers capital protection and consistent dividend income amidst a potentially defensive market environment.
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.