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WPT Industrial REIT

WIR.UN-T

TSE:WIR.UN

23.67
0.03 (0.13%)
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.
More at Wikipedia

Analysis and Opinions about WIR.UN-T

Signal
Opinion
Expert
Chart
BUY
BUY
July 29, 2021

He finds the sectors that have tailwinds and goes bottom-up to find discounts. You could buy one or both of these: WIR.UN (industrial) or HOM.UN (apartments), as both are USD denominated, listed on TSX, in sectors that he likes.

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He finds the sectors that have tailwinds and goes bottom-up to find discounts. You could buy one or both of these: WIR.UN (industrial) or HOM.UN (apartments), as both are USD denominated, listed on TSX, in sectors that he likes.

Andrew Moffs
Price
$23.230
Owned
Unknown
TOP PICK
TOP PICK
July 29, 2021
Trades in USD and CAD. Implied cap rate is just under 5%. Focused on industrial space. Loves that space, tailwinds are immense. Yield is 4.0%. (Analysts’ price target is $24.08)
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Trades in USD and CAD. Implied cap rate is just under 5%. Focused on industrial space. Loves that space, tailwinds are immense. Yield is 4.0%. (Analysts’ price target is $24.08)
Andrew Moffs
Price
$23.230
Owned
Yes
BUY
BUY
May 31, 2021
He is very bullish on it. It operates solely in the US. Canadian investors don't value these stocks appropriately and US investors don't typically come north of the boarder to buy real estate exposure. He thinks we are in the early innings of the industrial warehouse cycle. They have a growing fee income stream.
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He is very bullish on it. It operates solely in the US. Canadian investors don't value these stocks appropriately and US investors don't typically come north of the boarder to buy real estate exposure. He thinks we are in the early innings of the industrial warehouse cycle. They have a growing fee income stream.
Andrew Moffs
Price
$20.900
Owned
Yes
BUY
BUY
April 8, 2021
One of his favourite investments. Assets are all in the US. Benefits from US exposure to e-commerce. Still cheap relative to NAV. Trades at a 5% discount. A great theme that you don't have to overthink. Likes management.
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One of his favourite investments. Assets are all in the US. Benefits from US exposure to e-commerce. Still cheap relative to NAV. Trades at a 5% discount. A great theme that you don't have to overthink. Likes management.
PAST TOP PICK
PAST TOP PICK
March 30, 2021
(A Top Pick Apr 30/20, Up 36%) Because it holds US assets, but the REIT lists in Canada, you can buy the cheapest US industrial REIT. Cap rate is 5.5%. Drop that to 5%, then this REIT is worth north of $18. They're doing the right capital allocation buying assets, yet also selling assets to partners. Likes the valuation. E-commerce will remain at current levels or rise, but not decline, so this is a major tailwind.
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(A Top Pick Apr 30/20, Up 36%) Because it holds US assets, but the REIT lists in Canada, you can buy the cheapest US industrial REIT. Cap rate is 5.5%. Drop that to 5%, then this REIT is worth north of $18. They're doing the right capital allocation buying assets, yet also selling assets to partners. Likes the valuation. E-commerce will remain at current levels or rise, but not decline, so this is a major tailwind.
Andrew Moffs
Price
$18.990
Owned
Yes
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.
Paul Harris, CFA
Price
$18.820
Owned
Unknown
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)
Robert Lauzon
Price
$17.140
Owned
Yes
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.
Ryan Bushell
Price
$16.620
Owned
Unknown
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.

TOP PICK
TOP PICK
July 8, 2020
Though it trades in Toronto, WPT owns warehouses in the States. Basically, e-commerce stores stuff in these warehouses, and e-commerce has been roaring during this pandemic. Year-to-date, WPT inches slightly ahead of the TSX, but in the past month, the Toronto benchmark has climbed 3.3% while WPT has surged 5.5%. Analyst Andrew Moffs argues that WPT would perform even better if it wasn't trading in Canada. Despite that, he made it a top pick during the lockdown. Robert Lauzon applauds WIR's outperformance during those difficult months and continues to hold it too. Paying a near-6% dividend doesn't hurt. WIR trades at only a 6.1x PE and boasts revenue growth YOY of 25.75%. The REIT currently has six buy ratings and two holds with an average price target of $15.07, more than $2 above its current stock price. WIR is trading slightly above its 50- and 200-day moving averages.
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Though it trades in Toronto, WPT owns warehouses in the States. Basically, e-commerce stores stuff in these warehouses, and e-commerce has been roaring during this pandemic. Year-to-date, WPT inches slightly ahead of the TSX, but in the past month, the Toronto benchmark has climbed 3.3% while WPT has surged 5.5%. Analyst Andrew Moffs argues that WPT would perform even better if it wasn't trading in Canada. Despite that, he made it a top pick during the lockdown. Robert Lauzon applauds WIR's outperformance during those difficult months and continues to hold it too. Paying a near-6% dividend doesn't hurt. WIR trades at only a 6.1x PE and boasts revenue growth YOY of 25.75%. The REIT currently has six buy ratings and two holds with an average price target of $15.07, more than $2 above its current stock price. WIR is trading slightly above its 50- and 200-day moving averages.
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.
Andrew Moffs
Price
$13.700
Owned
Yes
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.

Ryan Bushell
Price
$13.700
Owned
_N/A
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.
Robert Lauzon
Price
$13.700
Owned
Yes
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)
Andrew Moffs
Price
$13.700
Owned
Yes
Showing 1 to 15 of 92 entries

WPT Industrial REIT(WIR.UN-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 6

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 6

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, 6 stock analysts published opinions about WIR.UN-T. 6 analysts recommended to BUY the stock. 0 analysts 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 Andrew Moffs on 2021-07-29. 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?

6 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 2021-07-30, WPT Industrial REIT (WIR.UN-T) stock closed at a price of $23.67.