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Most Anticipated Earnings: SLF-T, REAL-T and more Canadian Companies Reporting Earnings this Week (Nov 13-17)This summary was created by AI, based on 2 opinions in the last 12 months.
The experts are generally positive about Nexus Real Estate Investment Trust (NXR.UN-T), noting that the company is struggling with debt but has solid managers. Industrial REITs are performing well, with fully occupied properties and rising lease rates. The company has been selling non-core assets, which has led to pressure on its shares, but the experts believe that it is moving in the right direction and that lower rates will help. They expect the share price to increase going forward with higher dividends.
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.
Stalled on acquisitions. Small cap, over-levered, failed to execute. He got out and moved on.
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.
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.
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)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.
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
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
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
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
In the last year, 2 stock analysts published opinions about NXR.UN-T. 2 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.
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.
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.
2 stock analysts on Stockchase covered Nexus Real Estate Investment Trust In the last year. It is a trending stock that is worth watching.
On 2024-12-09, Nexus Real Estate Investment Trust (NXR.UN-T) stock closed at a price of $7.86.
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.