Related posts

Most Anticipated Earnings: SLF-T, REAL-T and more Canadian Companies Reporting Earnings this Week (Nov 13-17)
Investor Insights

This summary was created by AI, based on 6 opinions in the last 12 months.

Nexus Real Estate Investment Trust (NXR.UN-T) is an industrial REIT struggling with debt, but with solid managers and a fully occupied portfolio with rising lease rates. The company is focused on selling non-core assets to lower debt and acquire better-quality industrial assets, making it an execution and show-me story. The stock has faced pressure from the market due to high debt and rising interest rates, but experts believe it is moving in the right direction, especially with the potential of industrial growth, making it a good long-term investment.

Consensus
Mixed
Valuation
Fair Value
PAST TOP PICK
(A Top Pick Jul 06/23, Up 4%)

Struggling a little with debt. Solid managers. Industrial REITs are doing gangbusters. Are fully occupied and lease rates are rising. As they have been selling non-core assets, the market has pressured shares. Doesn't think they will cut the dividend. Is moving in the right direction. Lower rates will help.

REAL ESTATE
BUY

Industrial REIT's have performed well with eCommerce growth (storage). Major beneficiary of lower inflation rates going forward. Would expect share price to increase going forward with higher dividends. 

REAL ESTATE
PAST TOP PICK
(A Top Pick Sep 22/22, Down 15%)

Stalled on acquisitions. Small cap, over-levered, failed to execute. He got out and moved on.

REAL ESTATE
HOLD

80% industrial, hoping to get to 90% by end of this year. Still owns some office and retail. Needs to sell assets to lower net debt, and then buy better-quality industrial assets. An execution and show-me story. Above-average debt profile, with an above-average dividend yield of 8.8%. Management's done well. Interest rates are a headwind.

REAL ESTATE
HOLD

Likes industrial real estate space.
Stock down because of rising interest rates.
Current share price a good place to buy.
Narrative on falling office space demand overblown.
Too much debt on balance sheet also reason shares under pressure.
Prefers Granite REIT & DREAM before Nexus. 

REAL ESTATE
TOP PICK

Small cap, so be careful of volatility. Was diversified real estate, but now turning into pure-play industrial. Loves the industrial theme. Low cost, low capital intensity. Big headway in the London ON market, a real hotbed of activity for transportation and distribution. Yield is 7.71%.

(Analysts’ price target is $11.93)
REAL ESTATE
Unspecified

It is a very good company with 85% of its business in the warehouse space. It is looking to get out of the office space part and extend the industrial component. Has facilities in B.C. too. It is actively issuing shares to become larger. Consider it a safe hold with a good distribution yield and growing rents.

REAL ESTATE
BUY
85% of this is industrial, the rest in office. A good company. They focus on secondary markets like London, ON, which is good. It's growing well. It's hitting a pocket now, but upside lies ahead.
REAL ESTATE
BUY
Focuses on industrial real estate. On path to 90% industrial properties this year. 50% asset growth this year. Focus on secondary markets like London, Ontario(Canada). Trading at discount to net asset value.
REAL ESTATE
TOP PICK
Smaller cap, growing. Geographically diversified in Canada. High demand for industrial. Even in a recession, e-commerce creates warehouse and logistics demand that you always want to be part of. The "Amazon effect". Yield is 7.26%. (Analysts’ price target is $13.31)
REAL ESTATE
TOP PICK
Small cap, but it's at 1B. Very good assets. Restructured to become a pure-play industrial, the sweet spot right now. Access to interesting properties. 10% discount to NAV. Got hit because of liquidity issues, not because of fundamentals. Yield is 5.68%. (Analysts’ price target is $14.68)
REAL ESTATE
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. They have industrial properties that held up well during the sell off earlier this year. Solid profitability and has positive cash flows. Valuation is starting to be rich with price to sales at 8.6x. PE is ok at 17.3x. Dividend yield is good at 5.8%. Unlock Premium - Try 5i Free

REAL ESTATE
HOLD
It is a good little company, two-thirds in the industrial warehouse space and the balance split between office and retail, two sectors he avoids. They have been creative in the way they have grown. It is a good company, well run and growing slowly but surely.
REAL ESTATE
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Fairly small but the payout ratio is at 60%. The industrial sector and recent acquisitions looks good. The company maintained distributions, although it has not raised them. Priced well. Unlock Premium - Try 5i Free

REAL ESTATE
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The monthly yield is at 7.6%. The small size adds some risk, but the TSX listing will probably raise its profile. There are no huge expectations on gains due to relatively slow growth. However, the industrial REIT sector looks good and the stock has done well. Unlock Premium - Try 5i Free

REAL ESTATE
Showing 1 to 15 of 21 entries

Nexus Real Estate Investment Trust(NXR.UN-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 5

Stockchase rating for Nexus 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.

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

What is Nexus Real Estate Investment Trust stock symbol?

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

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

In the last year, 5 stock analysts published opinions about NXR.UN-T. 3 analysts 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 Nexus Real Estate Investment Trust.

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

Nexus Real Estate Investment Trust was recommended as a Top Pick by on . Read the latest stock experts ratings for Nexus Real Estate Investment Trust.

Why is Nexus 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 Nexus Real Estate Investment Trust worth watching?

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

What is Nexus Real Estate Investment Trust stock price?

On 2024-04-19, Nexus Real Estate Investment Trust (NXR.UN-T) stock closed at a price of $7.