Reitmans

RET-T

TSE:RET

0.27
0.00 (0.00%)
Reitmans Ltd. is a Canadian retailing company, specializing in women's clothing. It was founded in 1926 by Herman and Sarah Reitman, in Montreal, Quebec, Canada.
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Analysis and Opinions about RET-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
December 23, 2019
He owned it at $3.81 and sold it at $3.00 and is glad he did. Management is getting old and stodgy. As the stock has been thrashed following the share buyback program, he thinks the balance sheet still looks okay, but the cash position is not as good. Last quarter they lost a lot of money. He is unsure for the next year.
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Reitmans (RET-T)
December 23, 2019
He owned it at $3.81 and sold it at $3.00 and is glad he did. Management is getting old and stodgy. As the stock has been thrashed following the share buyback program, he thinks the balance sheet still looks okay, but the cash position is not as good. Last quarter they lost a lot of money. He is unsure for the next year.
PAST TOP PICK
PAST TOP PICK
September 26, 2017

(A Top Pick June 28/16. Down 1%.) Has been hit along with the retail sector. Pays a dividend of almost 5%. Great balance sheet. They should be helped going forward, because the Cdn$ is going up, and they source so much from the US. He is a little concerned about their new athletic stores.

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Reitmans (RET-T)
September 26, 2017

(A Top Pick June 28/16. Down 1%.) Has been hit along with the retail sector. Pays a dividend of almost 5%. Great balance sheet. They should be helped going forward, because the Cdn$ is going up, and they source so much from the US. He is a little concerned about their new athletic stores.

DON'T BUY
DON'T BUY
June 29, 2016

A value trap. Clothing retailing is one of the toughest businesses out there. This is well-managed, but they can’t fight the trend. Closed a huge number of stores. They’ve tried to cut costs, but he thinks they are still losing money despite some recent same-store sales growth. Not sure how long they will continue paying dividends.

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Reitmans (RET-T)
June 29, 2016

A value trap. Clothing retailing is one of the toughest businesses out there. This is well-managed, but they can’t fight the trend. Closed a huge number of stores. They’ve tried to cut costs, but he thinks they are still losing money despite some recent same-store sales growth. Not sure how long they will continue paying dividends.

TOP PICK
TOP PICK
June 28, 2016

A tough market because of Amazon (AMZN-Q) and the Internet. The major knock is that they are losing money. Last quarter they lost millions of dollars as well as in the quarter before. However, they have over $100 million in the bank. Margins have been squeezed because the US$ has gone up in the past year. Revenues have been flat for the last year which a lot of people felt was not good, except they closed 60 stores. Same-store sales have gone up about 8.8%. Included in that is the 56%+ that their online sales have gone up. Dividend yield of 4.85%.

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Reitmans (RET-T)
June 28, 2016

A tough market because of Amazon (AMZN-Q) and the Internet. The major knock is that they are losing money. Last quarter they lost millions of dollars as well as in the quarter before. However, they have over $100 million in the bank. Margins have been squeezed because the US$ has gone up in the past year. Revenues have been flat for the last year which a lot of people felt was not good, except they closed 60 stores. Same-store sales have gone up about 8.8%. Included in that is the 56%+ that their online sales have gone up. Dividend yield of 4.85%.

DON'T BUY
DON'T BUY
January 16, 2015

When looking at Canadian consumer discretionary names, you want to remind yourself that the Canadian consumer, at some point, is going to slow their spending. Household debt levels have continually risen over the last 5 years. Today debt, as a percentage of income, is among the highest it has ever been. At some point the consumer is going to slow, and that will certainly put downside pressure on all these names. He prefers the US side for the consumer discretionary space.

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Reitmans (RET-T)
January 16, 2015

When looking at Canadian consumer discretionary names, you want to remind yourself that the Canadian consumer, at some point, is going to slow their spending. Household debt levels have continually risen over the last 5 years. Today debt, as a percentage of income, is among the highest it has ever been. At some point the consumer is going to slow, and that will certainly put downside pressure on all these names. He prefers the US side for the consumer discretionary space.

DON'T BUY
DON'T BUY
November 21, 2014

Retail landscape in Canada has changed quite dramatically, and this company has been very much impacted by the incursion of the Wal-Mart’s and Targets and discount chains. They are in a very difficult position. In today's environment, it has lost its lustre as a dividend provider. Have good retail locations and a reasonably desired product, but people just aren't shopping at those types of locations anymore.

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Reitmans (RET-T)
November 21, 2014

Retail landscape in Canada has changed quite dramatically, and this company has been very much impacted by the incursion of the Wal-Mart’s and Targets and discount chains. They are in a very difficult position. In today's environment, it has lost its lustre as a dividend provider. Have good retail locations and a reasonably desired product, but people just aren't shopping at those types of locations anymore.

COMMENT
COMMENT
June 19, 2013

Retailer with about 920 stores in Canada under a number of different banners. Very high dividend yield of over 10%, but are not earning it. There is a lot of competition in fashion retailing and analysts are concerned that they are not appealing to the younger/hipper audience. Owners have many years of experience and he thinks they can reinvent themselves. However, in regards to the dividend, they are over distributing but they have a rock solid balance sheet. Had problems with distribution and had to spend money to automate this but this is now behind them.

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Reitmans (RET-T)
June 19, 2013

Retailer with about 920 stores in Canada under a number of different banners. Very high dividend yield of over 10%, but are not earning it. There is a lot of competition in fashion retailing and analysts are concerned that they are not appealing to the younger/hipper audience. Owners have many years of experience and he thinks they can reinvent themselves. However, in regards to the dividend, they are over distributing but they have a rock solid balance sheet. Had problems with distribution and had to spend money to automate this but this is now behind them.

HOLD
HOLD
June 18, 2013

(Market Call Minute.) Too late to sell this one so he would Hold.

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Reitmans (RET-T)
June 18, 2013

(Market Call Minute.) Too late to sell this one so he would Hold.

DON'T BUY
DON'T BUY
June 17, 2013

Doesn’t like Canadian retail space in general – slowing housing market. There are a lot of US retailers moving in from a competitive perspective. RET trades at a low multiple and is beaten up, so not expensive but he would avoid it.

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Reitmans (RET-T)
June 17, 2013

Doesn’t like Canadian retail space in general – slowing housing market. There are a lot of US retailers moving in from a competitive perspective. RET trades at a low multiple and is beaten up, so not expensive but he would avoid it.

DON'T BUY
DON'T BUY
June 11, 2013

(Market Call Minute.) Very competitive retail environment in Canada and very poor traffic growth.

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Reitmans (RET-T)
June 11, 2013

(Market Call Minute.) Very competitive retail environment in Canada and very poor traffic growth.

DON'T BUY
DON'T BUY
April 29, 2013

9.8% Dividend yield. First red light is the high dividend. Company is paying out 100% of cash flows before capital expenditures and growth expenditures. Environment will continue to be difficult and a lot of American retailers are continuing to come into Canada. Does not think dividend is sustainable. Nordstrom is coming.

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Reitmans (RET-T)
April 29, 2013

9.8% Dividend yield. First red light is the high dividend. Company is paying out 100% of cash flows before capital expenditures and growth expenditures. Environment will continue to be difficult and a lot of American retailers are continuing to come into Canada. Does not think dividend is sustainable. Nordstrom is coming.

HOLD
HOLD
September 26, 2012

The big worry with respect to this company is the introduction to Target into Canada and to the extent they are going to compete in their line of clothing. Has been an extremely well managed company. Has always sold at a bit of a premium. Expect they would be loathe to cut the dividend.

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Reitmans (RET-T)
September 26, 2012

The big worry with respect to this company is the introduction to Target into Canada and to the extent they are going to compete in their line of clothing. Has been an extremely well managed company. Has always sold at a bit of a premium. Expect they would be loathe to cut the dividend.

DON'T BUY
DON'T BUY
July 9, 2012
Canadian retail and retail is really tough right now. Doesn’t like this space because of competition, which will increase when Target (TGT-N) moves in. Not a lot of square footage growth so to growth their earnings and profits they will have to increase transactions or sales per visit. Feels the dividend is safe.
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Reitmans (RET-T)
July 9, 2012
Canadian retail and retail is really tough right now. Doesn’t like this space because of competition, which will increase when Target (TGT-N) moves in. Not a lot of square footage growth so to growth their earnings and profits they will have to increase transactions or sales per visit. Feels the dividend is safe.
HOLD
HOLD
May 29, 2012
An extremely managed company over the years. Held their own against formidable competition. Stock is held back by threat of even more competition including Target. Well positioned in malls. A reasonable place to park money if you just want yield.
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Reitmans (RET-T)
May 29, 2012
An extremely managed company over the years. Held their own against formidable competition. Stock is held back by threat of even more competition including Target. Well positioned in malls. A reasonable place to park money if you just want yield.
DON'T BUY
DON'T BUY
January 28, 2010
Women's apparel retailer. Doesn't like retail business generally. Pretty well managed company over time but it is very dependent on strength on the consumer side. Valued at about 5.5X EBITDA.
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Reitmans (RET-T)
January 28, 2010
Women's apparel retailer. Doesn't like retail business generally. Pretty well managed company over time but it is very dependent on strength on the consumer side. Valued at about 5.5X EBITDA.
Showing 1 to 15 of 29 entries

Reitmans(RET-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 1

Stockchase rating for Reitmans 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.

Reitmans(RET-T) Frequently Asked Questions

What is Reitmans stock symbol?

Reitmans is a Canadian stock, trading under the symbol RET-T on the Toronto Stock Exchange (RET-CT). It is usually referred to as TSX:RET or RET-T

Is Reitmans a buy or a sell?

In the last year, 1 stock analyst published opinions about RET-T. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for Reitmans.

Is Reitmans a good investment or a top pick?

Reitmans was recommended as a Top Pick by Benj Gallander on 2019-12-23. Read the latest stock experts ratings for Reitmans.

Why is Reitmans 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 Reitmans worth watching?

1 stock analyst on Stockchase covered Reitmans In the last year. It is a trending stock that is worth watching.

What is Reitmans stock price?

On 2020-07-29, Reitmans (RET-T) stock closed at a price of $0.27.