Plaza Retail REIT

PLZ.UN-T

Analysis and Opinions about PLZ.UN-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
April 30, 2020
A small cap retail REIT. It is going to be a tough environment for them to operate in. Rent negotiation will be tough going forward. They are going to struggle.
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A small cap retail REIT. It is going to be a tough environment for them to operate in. Rent negotiation will be tough going forward. They are going to struggle.
HOLD
HOLD
March 5, 2020
Small cap shopping center operator in Ontario. Grocery-anchored is probably the safest place to invest in retail.
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Small cap shopping center operator in Ontario. Grocery-anchored is probably the safest place to invest in retail.
BUY
BUY
January 15, 2020
Fine managers (who is also a major shareholder), but PLZ is in a challenge sector. Solid dividend, though, and reasonably valued. He likes it.
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Fine managers (who is also a major shareholder), but PLZ is in a challenge sector. Solid dividend, though, and reasonably valued. He likes it.
HOLD
HOLD
November 27, 2019
Outstanding management, who are large shareholders. The dividend is safe. He normally does not hold retail REITs, but this is the exception. A great hold. Yield 6%
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Outstanding management, who are large shareholders. The dividend is safe. He normally does not hold retail REITs, but this is the exception. A great hold. Yield 6%
DON'T BUY
DON'T BUY
November 4, 2019
He thinks highly of the management team there. They own and operate and fix up retail real estate in Eastern Canada. He is not a bull in retail real estate. Retail vacancies have been persistent ever since Target left Canada. We are going to have record bankruptcies globally this year. But plaza is more necessity based retail, more plaza based.
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He thinks highly of the management team there. They own and operate and fix up retail real estate in Eastern Canada. He is not a bull in retail real estate. Retail vacancies have been persistent ever since Target left Canada. We are going to have record bankruptcies globally this year. But plaza is more necessity based retail, more plaza based.
DON'T BUY
DON'T BUY
October 31, 2019
Great management. No one does development as well as they do. Suffers from being a retail REIT. Expects further investment and perhaps privitization. Has run up, close to fairly valued. Outside of a takeout, doesn't see significant opportunity for growth.
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Great management. No one does development as well as they do. Suffers from being a retail REIT. Expects further investment and perhaps privitization. Has run up, close to fairly valued. Outside of a takeout, doesn't see significant opportunity for growth.
HOLD
HOLD
July 31, 2019
PE ratio In real the better measure is price to cash flow or FFO (funds from operations). Cash flow is more critical due to the high level of depreciation. He likes Plaza, but does not like the retail space. The management team is the best in Canada. It is undervalued. An okay hold if you like the retail space. Yield 6.6%
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PE ratio In real the better measure is price to cash flow or FFO (funds from operations). Cash flow is more critical due to the high level of depreciation. He likes Plaza, but does not like the retail space. The management team is the best in Canada. It is undervalued. An okay hold if you like the retail space. Yield 6.6%
DON'T BUY
DON'T BUY
June 4, 2019

He's more strategic in his REITs. Stays away from Alberta based like Artis. Playing defense. Looking for income coming from outside of Canada, such as with Dream Global. In Canada, likes the apartment REITs like Canadian Apartment. Would also look at the US.

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He's more strategic in his REITs. Stays away from Alberta based like Artis. Playing defense. Looking for income coming from outside of Canada, such as with Dream Global. In Canada, likes the apartment REITs like Canadian Apartment. Would also look at the US.

BUY
BUY
April 1, 2019
The yield is absolutely safe and the management team is one of the best ones out there. Development and re-development is still in their DNA. They buy correctly and put the right kind of money into properties and are capitalizing themselves through a balance sheet and payout ratio that remains strong. You won't see a strong rental growth profile, but you will get one of the best management teams with most of their own capital invested in this. However there is an absence of catalysts in this company. It s a slow and steady grower. (Analysts’ price target is $4.50)
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The yield is absolutely safe and the management team is one of the best ones out there. Development and re-development is still in their DNA. They buy correctly and put the right kind of money into properties and are capitalizing themselves through a balance sheet and payout ratio that remains strong. You won't see a strong rental growth profile, but you will get one of the best management teams with most of their own capital invested in this. However there is an absence of catalysts in this company. It s a slow and steady grower. (Analysts’ price target is $4.50)
PAST TOP PICK
PAST TOP PICK
January 28, 2019
(A Top Pick Jan 29/18, Down 0.03%) They are ecommerce-proof. Tenants such as Shoppers Drugmart. They are a developer so they add value. They have 25 projects in the pipeline. He thinks this is a real bargain. They steadily increased the dividend for 15 years.
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(A Top Pick Jan 29/18, Down 0.03%) They are ecommerce-proof. Tenants such as Shoppers Drugmart. They are a developer so they add value. They have 25 projects in the pipeline. He thinks this is a real bargain. They steadily increased the dividend for 15 years.
BUY
BUY
December 5, 2018
The story of retail is hurting many REITs including this one. He sees them having one of the better management teams, who is invested in this as well. They avoid dilutive equity raises. This is a fine entry point and you will be aligned with one of the best businesses. There is a lot of development opportunities.
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The story of retail is hurting many REITs including this one. He sees them having one of the better management teams, who is invested in this as well. They avoid dilutive equity raises. This is a fine entry point and you will be aligned with one of the best businesses. There is a lot of development opportunities.
BUY
BUY
March 28, 2018

Management owns a great deal of this company and he sees it as well run. It focuses on shopping and retail in Atlantic Canada and Quebec. He expects another distribution increase. He sees management as very active and engaged. He would love to own it, but can’t get the size they would want.

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Management owns a great deal of this company and he sees it as well run. It focuses on shopping and retail in Atlantic Canada and Quebec. He expects another distribution increase. He sees management as very active and engaged. He would love to own it, but can’t get the size they would want.

TOP PICK
TOP PICK
January 29, 2018

They are an orphaned retail REIT and AMZN-Q proof. Shoppers Drug Mart. It is a very well managed company. (Analysts’ target: $4.90).

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They are an orphaned retail REIT and AMZN-Q proof. Shoppers Drug Mart. It is a very well managed company. (Analysts’ target: $4.90).

DON'T BUY
DON'T BUY
August 3, 2017

Their underlying tenants are vulnerable to the technology displacement (AMZN-Q). Most properties are out East. You would not race to go here. They are in the retail headwinds. Insiders are buying and that is a positive, but not enough to hit a buy button.

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Their underlying tenants are vulnerable to the technology displacement (AMZN-Q). Most properties are out East. You would not race to go here. They are in the retail headwinds. Insiders are buying and that is a positive, but not enough to hit a buy button.

HOLD
HOLD
August 2, 2017

10-year hold? The management team is good. With the 10-year time horizon, you are fine hanging on. They focus on value add, improving the quality of the portfolio as they acquire. Doesn’t think there are any issues, other than that some of their properties are in secondary markets. The portfolio should demonstrate pretty reasonable cash flow growth, and it is trading at a discount.

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10-year hold? The management team is good. With the 10-year time horizon, you are fine hanging on. They focus on value add, improving the quality of the portfolio as they acquire. Doesn’t think there are any issues, other than that some of their properties are in secondary markets. The portfolio should demonstrate pretty reasonable cash flow growth, and it is trading at a discount.

Showing 1 to 15 of 52 entries

Plaza Retail REIT(PLZ.UN-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 3

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 7

Stockchase rating for Plaza Retail REIT 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.

Plaza Retail REIT(PLZ.UN-T) Frequently Asked Questions

What is Plaza Retail REIT stock symbol?

Plaza Retail REIT is a Canadian stock, trading under the symbol PLZ.UN-T on the Toronto Stock Exchange (PLZ-UN-CT). It is usually referred to as TSX:PLZ.UN or PLZ.UN-T

Is Plaza Retail REIT a buy or a sell?

In the last year, 7 stock analysts published opinions about PLZ.UN-T. 1 analyst recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for Plaza Retail REIT.

Is Plaza Retail REIT a good investment or a top pick?

Plaza Retail REIT was recommended as a Top Pick by Andrew Moffs on 2020-04-30. Read the latest stock experts ratings for Plaza Retail REIT.

Why is Plaza Retail REIT 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 Plaza Retail REIT worth watching?

7 stock analysts on Stockchase covered Plaza Retail REIT In the last year. It is a trending stock that is worth watching.

What is Plaza Retail REIT stock price?

On 2020-07-06, Plaza Retail REIT (PLZ.UN-T) stock closed at a price of $3.34.