WPT Industrial REIT

WIR.UN-T

TSE:WIR.UN

19.52
0.52 (2.74%)
WPT Industrial Real Estate Investment Trust is a Canadian REIT uniquely focused on owning, managing and growing a portfolio of institutional-quality industrial properties in the United States.
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Analysis and Opinions about WIR.UN-T

Signal
Opinion
Expert
TOP PICK
TOP PICK
January 12, 2021
He loves industrial REITs because of e-commerce. Their holdings are all in the US. Interest rates are low, so refinancing is cheap. Best in class. (Analysts’ price target is $19.53)
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He loves industrial REITs because of e-commerce. Their holdings are all in the US. Interest rates are low, so refinancing is cheap. Best in class. (Analysts’ price target is $19.53)
BUY
BUY
December 24, 2020
Warehouses and distribution centres. 98% occupancy. Sweet spot of several trends such as e-commerce, high occupancy means stable rent, manufacturing growth. Really great story. They can grow in Canada and the US.
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Warehouses and distribution centres. 98% occupancy. Sweet spot of several trends such as e-commerce, high occupancy means stable rent, manufacturing growth. Really great story. They can grow in Canada and the US.
TOP PICK
TOP PICK
October 19, 2020
This is the backbone and infrastructure of E-commerce and logistics. All the big box warehouses near airports are fully leased and they need more of it especially in major hubs. There are 100 properties in the US. They have good institutional support. They trade 10% less than some of their Canadian peers but 30% cheaper than the US peers. They are collecting 99% of their rents and renew leases at higher prices. Earnings and growth are there. It is a blue chip REIT. You can make 20% in the next 12 months. (Analysts’ price target is $14.82)
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This is the backbone and infrastructure of E-commerce and logistics. All the big box warehouses near airports are fully leased and they need more of it especially in major hubs. There are 100 properties in the US. They have good institutional support. They trade 10% less than some of their Canadian peers but 30% cheaper than the US peers. They are collecting 99% of their rents and renew leases at higher prices. Earnings and growth are there. It is a blue chip REIT. You can make 20% in the next 12 months. (Analysts’ price target is $14.82)
PAST TOP PICK
PAST TOP PICK
September 25, 2020
(A Top Pick Sep 19/19, Down 3%) Given the correction, it has been flat. The shift to e-commerce has benefitted this company. They are a logistical warehouse provider. The company has a bright future ahead of it. A private equity type investment.
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(A Top Pick Sep 19/19, Down 3%) Given the correction, it has been flat. The shift to e-commerce has benefitted this company. They are a logistical warehouse provider. The company has a bright future ahead of it. A private equity type investment.
COMMENT
COMMENT
August 10, 2020

They collected 99.5% of rents in July, a great number. Leverage is high. They pay out 100% of their AFFO, so they won't raise their dividend. She likes this, but prefers Granite REIT.

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They collected 99.5% of rents in July, a great number. Leverage is high. They pay out 100% of their AFFO, so they won't raise their dividend. She likes this, but prefers Granite REIT.

PAST TOP PICK
PAST TOP PICK
June 25, 2020
(A Top Pick Apr 30/20, Up 13%) It is US assets listed on the TSX. They have large warehouses to deal with eCommerse, which is rising post-pandemic. It still has quite a bit of upside.
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(A Top Pick Apr 30/20, Up 13%) It is US assets listed on the TSX. They have large warehouses to deal with eCommerse, which is rising post-pandemic. It still has quite a bit of upside.
COMMENT
COMMENT
June 5, 2020

Industrial REITs The market down turn only increases the value of warehouse REITs. Supply chains are going to see dramatic changes post pandemic. Having a 7% yield in a company that can still grow is good. He holds WIR.

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Industrial REITs The market down turn only increases the value of warehouse REITs. Supply chains are going to see dramatic changes post pandemic. Having a 7% yield in a company that can still grow is good. He holds WIR.

PAST TOP PICK
PAST TOP PICK
May 28, 2020
(A Top Pick Aug 21/19, Down 10%) The REITs have been hit pretty hard through the pandemic. It is an industrial REIT and is only down 10% because they are insulated from the affects of the pandemic to some extent. He continues to really like it and it is one of his top holdings.
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(A Top Pick Aug 21/19, Down 10%) The REITs have been hit pretty hard through the pandemic. It is an industrial REIT and is only down 10% because they are insulated from the affects of the pandemic to some extent. He continues to really like it and it is one of his top holdings.
TOP PICK
TOP PICK
April 30, 2020
Warehouses in the US. It is miss-priced because it trades in Toronto. They are focused on distribution assets in the US. It trades at a discount to net asset value. There is quite a bit of upside. He is very positive on industrial warehousing as you need warehouse space despite the shift to e-commerce. (Analysts’ price target is $13.94)
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Warehouses in the US. It is miss-priced because it trades in Toronto. They are focused on distribution assets in the US. It trades at a discount to net asset value. There is quite a bit of upside. He is very positive on industrial warehousing as you need warehouse space despite the shift to e-commerce. (Analysts’ price target is $13.94)
COMMENT
COMMENT
April 22, 2020

Dividend safe? He owned BTB.UN a few years ago as they held light industrial and commercial real estate around Montreal. The issue going back 3-4 years ago was they had issues meeting financial metrics, which he feels was due to them over distributing earnings. He would prefer to hold WPT and GRT.UN.

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Dividend safe? He owned BTB.UN a few years ago as they held light industrial and commercial real estate around Montreal. The issue going back 3-4 years ago was they had issues meeting financial metrics, which he feels was due to them over distributing earnings. He would prefer to hold WPT and GRT.UN.

BUY
BUY
March 5, 2020
He likes names with US assets trading on the TSX. They struggled to keep up with peers and he thinks they turned the corner here. It is pretty attractive.
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He likes names with US assets trading on the TSX. They struggled to keep up with peers and he thinks they turned the corner here. It is pretty attractive.
COMMENT
COMMENT
March 4, 2020

Dream has been a very good performer in a very good space. It is still a little over valued at this level. He prefers WPT instead.

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Dream has been a very good performer in a very good space. It is still a little over valued at this level. He prefers WPT instead.

HOLD
HOLD
February 20, 2020
A hot business in the US and Canada for fulfillment centres. Good partners. Stick with it. Smaller and cheaper than comparable US companies.
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A hot business in the US and Canada for fulfillment centres. Good partners. Stick with it. Smaller and cheaper than comparable US companies.
PAST TOP PICK
PAST TOP PICK
January 31, 2020
(A Top Pick Jan 23/19, Up 15%) It has under performed other REITs and should continue to do well. They are warehouse logistics experts and benefit from Amazon's growth. He thinks the issuance of paper recently has held the share price down. They are expected to be added to the Index soon and this should bolster some additional buying.
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(A Top Pick Jan 23/19, Up 15%) It has under performed other REITs and should continue to do well. They are warehouse logistics experts and benefit from Amazon's growth. He thinks the issuance of paper recently has held the share price down. They are expected to be added to the Index soon and this should bolster some additional buying.
COMMENT
COMMENT
January 29, 2020

Industrial REITs? He likes WPT Industrial REIT. In the US he likes Prologis, but the valuation is too high. Whereas WTP trades at a discount to NAV.

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Industrial REITs? He likes WPT Industrial REIT. In the US he likes Prologis, but the valuation is too high. Whereas WTP trades at a discount to NAV.

Showing 1 to 15 of 86 entries

WPT Industrial REIT(WIR.UN-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 9

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 11

Stockchase rating for WPT Industrial 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.

WPT Industrial REIT(WIR.UN-T) Frequently Asked Questions

What is WPT Industrial REIT stock symbol?

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

Is WPT Industrial REIT a buy or a sell?

In the last year, 11 stock analysts published opinions about WIR.UN-T. 9 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. Read the latest stock experts' ratings for WPT Industrial REIT.

Is WPT Industrial REIT a good investment or a top pick?

WPT Industrial REIT was recommended as a Top Pick by Paul Gardner, CFA on 2021-01-12. Read the latest stock experts ratings for WPT Industrial REIT.

Why is WPT Industrial 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 WPT Industrial REIT worth watching?

11 stock analysts on Stockchase covered WPT Industrial REIT In the last year. It is a trending stock that is worth watching.

What is WPT Industrial REIT stock price?

On 2021-01-15, WPT Industrial REIT (WIR.UN-T) stock closed at a price of $19.52.