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Investor Insights

This summary was created by AI, based on 2 opinions in the last 12 months.

Timbercreek Financial has faced challenges in the past year due to the rapid increase in interest rates and declining property prices. However, it still offers a 9% dividend and is trading at a 10% discount to its hard cash value. Experts highlight its unique business plan, high yield on shares, and the potential to collect income from a pool of money or underlying real estate. Overall, the stock presents an opportunity for income investors despite the current market conditions.

Consensus
Positive
Valuation
Undervalued
PAST TOP PICK
(A Top Pick Sep 08/23, Up 14%)

Last year was hard on this company with interest rates having moved way up so quickly. It is in the short term mortgage market business. Property prices are coming down. It still pays a 9% dividend and is trading at a 10% discount to its hard cash value. It is in their income portfolio.

Financial Services
TOP PICK

Unique business plan.
Pool of money that collects dependable income.
Worst case - can collect underlying real estate. 
High yield being paid on shares.

Financial Services
TRADE

Pool of money that trades on the TSX and is lent out short-term to the real estate industry. They charge a premium on that. Like owning just the mortgage department of a bank. Payout of over 8% is fully taxable income, not a dividend. Avoid the tax by putting it in your RRSP. Risk/reward is good. One loan didn't go well, with the result that the company is left with a building to sell. Because of this, combined with market nerves about small things, trades at a discount to NAV of $8.40. He'll trade around the NAV. Stock doesn't grow, it just distributes income. 

Financial Services
PARTIAL BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. A decent company and the stock price is decently cheap. The dividend has not been changed since being lowered in 2016. Shares have not passed 2011 levels. An income investment. Unlock Premium - Try 5i Free

Financial Services
BUY
What they lend to is incredibly stable. Good operators. Perfect vehicle for TFSAs or registered accounts. Trades slightly above NAV. Yield of about 7%.
Financial Services
BUY ON WEAKNESS
Looking for asymmetric returns. A core position for him. Asset value is very stable and you are making a floating rate of return on top of the asset value. Slightly expensive to NAV right now. Hard to find something else with the same yield however.
Financial Services
TOP PICK
Bond-like, they're very good at mezzanine and commercial lending. They distribute what they get and are conservatively balanced (balance sheet). They know their markets. It's like a mortgage-lending situation. They earn 7% rates of return, no more or less. A very stable investment, acting like a bond proxy. (Analysts’ price target is $9.96)
Financial Services
SHORT

He's very negative about the housing sector. He's short TMC. Credit spreads are rising and the credit markets are turning over. Canadian real estate is vulnerable.

Financial Services
HOLD

There was a real disconnect between two entities within the company they decided to merge and that allowed them to trade closer to NAV. They increased their distribution recently. He still likes it.

Financial Services
TOP PICK

$300 million market cap. A very stable mezzanine financed building. They lend money for short-term real estate loans and are tight lending the money. If there is no loan to be done, there is no yield. If they do a loan, they just flow the income back to you. A very consistent business. Putting this into a TFS account is a wonderful vehicle. Yield of about 9%.

Financial Services
PAST TOP PICK

(A Top Pick March 31/15. Up 7.66%.) Gives mortgages to developers to create retail space, apartment buildings, condos. They tend to be short term mezzanine loans.

Financial Services
PAST TOP PICK

(Top Pick July 8/14, Up 0.44%) There is an anomaly because this senior mortgage is trading below timber creek. This is a temporary thing and it should trade up.

Financial Services
PAST TOP PICK

(A Top Pick May 5/14. Down 3.53%.) The trouble was repayment issues last year. They lend short-term to developers. They are underinvested, which hurts their bottom line. They have kind of solved that problem and it is cheap, trading at a 10% discount to its NAV. The mortgage market is still earning a very good rate of return on a risk adjusted basis. He thinks this does recover and does well over the next year.

Financial Services
TOP PICK

(A Top Pick Feb 11/14. Down 7.12%.) This is a mortgage investment Corp. Has been hurt because they had prepayment issues last year. Has heard that insiders have been aggressive buyers of the stock. A good asset class to own. Yield of 9.33%.

Financial Services
PAST TOP PICK

(A Top Pick Feb11/14. Down 1.52%.) You are just basically getting a 7% rate of return, but he’d like to see the NAV stabilize, which it kind of has. The biggest concern is that rates are so low and there is more competition in the space. It’s like they are on a treadmill. Once the mortgage gets paid down they have to go out and re-distribute the money. It is challenging, because they are always trying to get ahead of themselves. Cheap at these levels.

Financial Services
Showing 1 to 15 of 39 entries

Timbercreek Financial(TF-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Timbercreek Financial 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.

Timbercreek Financial(TF-T) Frequently Asked Questions

What is Timbercreek Financial stock symbol?

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

Is Timbercreek Financial a buy or a sell?

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

Is Timbercreek Financial a good investment or a top pick?

Timbercreek Financial was recommended as a Top Pick by on . Read the latest stock experts ratings for Timbercreek Financial.

Why is Timbercreek Financial 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 Timbercreek Financial worth watching?

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

What is Timbercreek Financial stock price?

On 2024-06-24, Timbercreek Financial (TF-T) stock closed at a price of $7.15.