RioCan Real Estate Investment

REI.UN-T

TSE:REI.UN

14.48
0.43 (2.88%)
RioCan Real Estate Investment Trust is the second-largest real estate investment trust in Canada. It has an enterprise value of approximately $14 billion, and owns 289 primarily retail properties, with a net leasable area of 44 million square feet.
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Analysis and Opinions about REI.UN-T

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
September 10, 2020
(A Top Pick Sep 04/19, Down 41%) Sold it in mid-January, luckily. The stock has slid in half since. He didn't see the pandemic and oil price coming then, and now there's too much uncertainty in the retail space to return to it.
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(A Top Pick Sep 04/19, Down 41%) Sold it in mid-January, luckily. The stock has slid in half since. He didn't see the pandemic and oil price coming then, and now there's too much uncertainty in the retail space to return to it.
DON'T BUY
DON'T BUY
August 20, 2020
Bulk of their business is in retail, and that's the difficult part of the story. Reassessing retail in Canada and globally. They have a mall with one big client, and then a lot of smaller ones whose future is uncertain.
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Bulk of their business is in retail, and that's the difficult part of the story. Reassessing retail in Canada and globally. They have a mall with one big client, and then a lot of smaller ones whose future is uncertain.
PAST TOP PICK
PAST TOP PICK
August 4, 2020
(A Top Pick Aug 07/19, Down 38%) He sold before COVID hit. He was lucky. He actually made money on this stock. Retail REITs still haven't recovered. He's happy to be out, even at these lower prices. Can the dividend survive?
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(A Top Pick Aug 07/19, Down 38%) He sold before COVID hit. He was lucky. He actually made money on this stock. Retail REITs still haven't recovered. He's happy to be out, even at these lower prices. Can the dividend survive?
DON'T BUY
DON'T BUY
June 26, 2020
Their difficulty is the retail spaces and all the variable that will influence its future value. A very difficult environment for malls as growth in sales is not there. Stay away. Look for apartment REITs instead.
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Their difficulty is the retail spaces and all the variable that will influence its future value. A very difficult environment for malls as growth in sales is not there. Stay away. Look for apartment REITs instead.
DON'T BUY
DON'T BUY
May 25, 2020

It is not one of his favourites. SRU.UN-T would be a preference.

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It is not one of his favourites. SRU.UN-T would be a preference.

DON'T BUY
DON'T BUY
May 11, 2020
It has diversified to a certain extent. They have put up other kinds of real estate within their malls. If you want to be in real estate, then there are much better places to be.
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It has diversified to a certain extent. They have put up other kinds of real estate within their malls. If you want to be in real estate, then there are much better places to be.
WEAK BUY
WEAK BUY
April 30, 2020
It is a great company, focused on retail and a growing portfolio in multi-family and office. They have done a very good job. They will probably be opportunistic. It trades at a wide discount and he thinks the dividend is safe; however he sees more value elsewhere.
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It is a great company, focused on retail and a growing portfolio in multi-family and office. They have done a very good job. They will probably be opportunistic. It trades at a wide discount and he thinks the dividend is safe; however he sees more value elsewhere.
COMMENT
COMMENT
April 22, 2020
REITs have been reporting that 60-80% of renters with small businesses did not require rent assistance last month. That worries him as we are really only one month into the lock downs. Absent any further government relief the real estate asset classes he prefers holding are apartment buildings and US industrial warehousing.
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REITs have been reporting that 60-80% of renters with small businesses did not require rent assistance last month. That worries him as we are really only one month into the lock downs. Absent any further government relief the real estate asset classes he prefers holding are apartment buildings and US industrial warehousing.
PAST TOP PICK
PAST TOP PICK
April 9, 2020
(A Top Pick Apr 11/19, Down 27%) He got out at a profit. He bought about 3 years ago. He sold in January because of concerns about its valuation and growth relative to other opportunities. It is almost a pure play on retail.
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(A Top Pick Apr 11/19, Down 27%) He got out at a profit. He bought about 3 years ago. He sold in January because of concerns about its valuation and growth relative to other opportunities. It is almost a pure play on retail.
PAST TOP PICK
PAST TOP PICK
March 10, 2020
(A Top Pick Apr 11/19, Up 1%) He sold it in January. It was getting fully valued with tepid growth. An excellent operator, owning commercial real estate, but there are better opportunities elsewhere.
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(A Top Pick Apr 11/19, Up 1%) He sold it in January. It was getting fully valued with tepid growth. An excellent operator, owning commercial real estate, but there are better opportunities elsewhere.
COMMENT
COMMENT
March 5, 2020
He is not crazy about malls these days. He is excited about their development pipelines, however. They are building apartments, but they will likely be just 10% of their business. It is a solid company with a safe dividend, however.
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He is not crazy about malls these days. He is excited about their development pipelines, however. They are building apartments, but they will likely be just 10% of their business. It is a solid company with a safe dividend, however.
BUY WEAKNESS
BUY WEAKNESS
February 19, 2020
As the stock has not dropped 33% in the last year and have 100% upside, he is not interested as a Contrarian.
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As the stock has not dropped 33% in the last year and have 100% upside, he is not interested as a Contrarian.
DON'T BUY
DON'T BUY
December 10, 2019
He used to criticize them for paying out too much, but they've reduced that. Also, their last few quarters have been good. The challenging thing here is that they're stuck with a lot of retail, and RioCan's anchor was Target; RioCan is still dealing with the shutdown of Target years ago. That said, he likes, but doesn't love it. He's neutral.
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He used to criticize them for paying out too much, but they've reduced that. Also, their last few quarters have been good. The challenging thing here is that they're stuck with a lot of retail, and RioCan's anchor was Target; RioCan is still dealing with the shutdown of Target years ago. That said, he likes, but doesn't love it. He's neutral.
BUY
BUY
December 2, 2019
A good, liquid way to get exposed to Canadian REITs. It's fairly valued now. He expects volatility in world markets going forward, so money will flow into REITs where RioCan will benefit.
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A good, liquid way to get exposed to Canadian REITs. It's fairly valued now. He expects volatility in world markets going forward, so money will flow into REITs where RioCan will benefit.
DON'T BUY
DON'T BUY
October 31, 2019
RioCan vs WPT WPT is a good company, but probably wouldn't own it. It's smaller, and they're trying to grow the portfolio, so they're at the mercy of capital markets. A very competitive market. Hard to do accretive acquisitions. RioCan has been adding residential apartments. Won't change overall aspect, and likes the diversification. A measured approach. But fairly valued. Prefers the industrial sectors to either of these.
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RioCan vs WPT WPT is a good company, but probably wouldn't own it. It's smaller, and they're trying to grow the portfolio, so they're at the mercy of capital markets. A very competitive market. Hard to do accretive acquisitions. RioCan has been adding residential apartments. Won't change overall aspect, and likes the diversification. A measured approach. But fairly valued. Prefers the industrial sectors to either of these.
Showing 1 to 15 of 536 entries

RioCan Real Estate Investment(REI.UN-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 7

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 7

Total Signals / Votes : 15

Stockchase rating for RioCan Real Estate Investment is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

RioCan Real Estate Investment(REI.UN-T) Frequently Asked Questions

What is RioCan Real Estate Investment stock symbol?

RioCan Real Estate Investment is a Canadian stock, trading under the symbol REI.UN-T on the Toronto Stock Exchange (REI-UN-CT). It is usually referred to as TSX:REI.UN or REI.UN-T

Is RioCan Real Estate Investment a buy or a sell?

In the last year, 15 stock analysts published opinions about REI.UN-T. 7 analysts recommended to BUY the stock. 7 analysts recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. Read the latest stock experts' ratings for RioCan Real Estate Investment.

Is RioCan Real Estate Investment a good investment or a top pick?

RioCan Real Estate Investment was recommended as a Top Pick by Brian Madden on 2020-09-10. Read the latest stock experts ratings for RioCan Real Estate Investment.

Why is RioCan Real Estate Investment stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is RioCan Real Estate Investment worth watching?

15 stock analysts on Stockchase covered RioCan Real Estate Investment In the last year. It is a trending stock that is worth watching.

What is RioCan Real Estate Investment stock price?

On 2020-09-21, RioCan Real Estate Investment (REI.UN-T) stock closed at a price of $14.48.