BTB Real Estate Investment Trust

BTB.UN-T

Analysis and Opinions about BTB.UN-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
March 5, 2020
Over time it will be challenging to grow their net operating income. Their high distribution yield is probably pretty tight in terms of coverage.
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Over time it will be challenging to grow their net operating income. Their high distribution yield is probably pretty tight in terms of coverage.
DON'T BUY
DON'T BUY
September 24, 2019
Owned this for 6 years, but couldn't understand why the 8.2% yield was so high. If there's a bump (a bad earnings report), he worries what would protect this. He means 120% in over-distributing. Great properties in eastern Ontario and Quebec, but it's hard for them to grow.
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Owned this for 6 years, but couldn't understand why the 8.2% yield was so high. If there's a bump (a bad earnings report), he worries what would protect this. He means 120% in over-distributing. Great properties in eastern Ontario and Quebec, but it's hard for them to grow.
SELL
SELL
July 23, 2019
He recently got out about three months ago. They bought is in 2012 at much lower levels. Their assets are focused in Eastern Ontario and Quebec. He feels they are over distributing -- over 100% payout. That is okay for while, but it is not sustainable. Industry wide payouts are down to 80%. Their properties are getting better with some recent selling of non-core assets. They yield may be vulnerable. He would be a seller.
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He recently got out about three months ago. They bought is in 2012 at much lower levels. Their assets are focused in Eastern Ontario and Quebec. He feels they are over distributing -- over 100% payout. That is okay for while, but it is not sustainable. Industry wide payouts are down to 80%. Their properties are getting better with some recent selling of non-core assets. They yield may be vulnerable. He would be a seller.
SELL
SELL
May 16, 2019

REIT that specializes in eastern Ontario and Quebec. He initiated the position in 2010. When you do the math he made 13.5% annualized. Problem is they are over distributing. They got to a point f exhaustion. It is a great exit point.

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REIT that specializes in eastern Ontario and Quebec. He initiated the position in 2010. When you do the math he made 13.5% annualized. Problem is they are over distributing. They got to a point f exhaustion. It is a great exit point.

DON'T BUY
DON'T BUY
April 9, 2019
He used to own this. It had B- level properties instead of A-. You can hold this, but other REITs perform better. A sleepy company with OK assets but will move sideways. Collect the dividend only.
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He used to own this. It had B- level properties instead of A-. You can hold this, but other REITs perform better. A sleepy company with OK assets but will move sideways. Collect the dividend only.
COMMENT
COMMENT
July 31, 2018

Chart hasn’t moved. Stock is mistreated because not institutionally owned. Management is good, and are upgrading their portfolio. Debt’s in a good position. He doesn’t expect anything more than the yield. Consistent business. Retail/office in Quebec and Ontario, but he can look through this because it’s so cheap.

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Chart hasn’t moved. Stock is mistreated because not institutionally owned. Management is good, and are upgrading their portfolio. Debt’s in a good position. He doesn’t expect anything more than the yield. Consistent business. Retail/office in Quebec and Ontario, but he can look through this because it’s so cheap.

PAST TOP PICK
PAST TOP PICK
May 29, 2018

(A Top Pick June 1/17, Up 13%) He's held this for 7 years. It owns properties in Quebec and their properties cross retail, light industrial and commercial. Good management, but has an issue getting its story out. They're repositioning by selling poorly performing properties. It's still small cap which he seldom buys, but performs consistently with little volatility. A long-time hold.

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(A Top Pick June 1/17, Up 13%) He's held this for 7 years. It owns properties in Quebec and their properties cross retail, light industrial and commercial. Good management, but has an issue getting its story out. They're repositioning by selling poorly performing properties. It's still small cap which he seldom buys, but performs consistently with little volatility. A long-time hold.

BUY
BUY
March 9, 2018

He likes this company although it has retraced in price somewhat. If you are not worried about Quebec separating, the 9.5% yield is great. It has about 75 properties. As a more senior REIT, they are able to acquire debt at much lower rates. The dividend is not at risk. He would buy it on this dip. Yield 9.5%.

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He likes this company although it has retraced in price somewhat. If you are not worried about Quebec separating, the 9.5% yield is great. It has about 75 properties. As a more senior REIT, they are able to acquire debt at much lower rates. The dividend is not at risk. He would buy it on this dip. Yield 9.5%.

TOP PICK
TOP PICK
June 1, 2017

A small, mid-cap REIT that he has owned for quite a long time. It has given him an 8%-9% distribution. This has not moved for 3-4 years. They basically buy assets in Eastern Ontario and Québec. Have had vacancy issues and are repositioning their portfolio by selling down a lot of retail properties and focusing on industrials. Dividend yield of 9.1%. (Analysts’ price target is $4.65.)

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A small, mid-cap REIT that he has owned for quite a long time. It has given him an 8%-9% distribution. This has not moved for 3-4 years. They basically buy assets in Eastern Ontario and Québec. Have had vacancy issues and are repositioning their portfolio by selling down a lot of retail properties and focusing on industrials. Dividend yield of 9.1%. (Analysts’ price target is $4.65.)

COMMENT
COMMENT
April 18, 2017

An investment in this is an investment in Québec, so you have to be favourable to the Québec marketplace, which he is. One of the struggles he has with this is that when you are a small REIT, you can have high debts or a high yield ratio. In this case, it has both. However, they know the real estate market very well. If you think the Québec economy is going to continue to improve, this is a good way to do it. Dividend yield of 8.6%.

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An investment in this is an investment in Québec, so you have to be favourable to the Québec marketplace, which he is. One of the struggles he has with this is that when you are a small REIT, you can have high debts or a high yield ratio. In this case, it has both. However, they know the real estate market very well. If you think the Québec economy is going to continue to improve, this is a good way to do it. Dividend yield of 8.6%.

COMMENT
COMMENT
September 2, 2016

(Market Call Minute.) A small cap in Quebec. Highly levered, high payout. It all comes under your view on the Quebec economy. He is on the sidelines.

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(Market Call Minute.) A small cap in Quebec. Highly levered, high payout. It all comes under your view on the Quebec economy. He is on the sidelines.

HOLD
HOLD
July 8, 2016

(Market Call Minute.) Québec focused. High payout and high debt.

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(Market Call Minute.) Québec focused. High payout and high debt.

COMMENT
COMMENT
May 20, 2016

(Market Call Minute.) Not a bad REIT. Good yield.

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(Market Call Minute.) Not a bad REIT. Good yield.

COMMENT
COMMENT
May 6, 2016

An entire Quebec play. 70% debt, so very highly levered, and also has a high payout ratio. He doesn’t like it for those reasons.

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An entire Quebec play. 70% debt, so very highly levered, and also has a high payout ratio. He doesn’t like it for those reasons.

PAST TOP PICK
PAST TOP PICK
February 17, 2016

(A Top Pick March 31/15. Down 6.46%.) Real estate focused on Eastern Ontario and Québec. Their active strategy is to upgrade their portfolio and sell non-core assets. The biggest issue is that they are still over levered. Fantastic yield of 9%-10%.

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(A Top Pick March 31/15. Down 6.46%.) Real estate focused on Eastern Ontario and Québec. Their active strategy is to upgrade their portfolio and sell non-core assets. The biggest issue is that they are still over levered. Fantastic yield of 9%-10%.

Showing 1 to 15 of 77 entries

BTB Real Estate Investment Trust(BTB.UN-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 5

Total Signals / Votes : 5

Stockchase rating for BTB Real Estate Investment Trust 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.

BTB Real Estate Investment Trust(BTB.UN-T) Frequently Asked Questions

What is BTB Real Estate Investment Trust stock symbol?

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

Is BTB Real Estate Investment Trust a buy or a sell?

In the last year, 5 stock analysts published opinions about BTB.UN-T. 0 analyst recommended to BUY the stock. 5 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for BTB Real Estate Investment Trust.

Is BTB Real Estate Investment Trust a good investment or a top pick?

BTB Real Estate Investment Trust was recommended as a Top Pick by Andrew Moffs on 2020-03-05. Read the latest stock experts ratings for BTB Real Estate Investment Trust.

Why is BTB Real Estate Investment Trust 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 BTB Real Estate Investment Trust worth watching?

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

What is BTB Real Estate Investment Trust stock price?

On 2020-04-03, BTB Real Estate Investment Trust (BTB.UN-T) stock closed at a price of $2.92.