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Investor Insights

This summary was created by AI, based on 4 opinions in the last 12 months.

H&R Real Estate Investment Trust (HR.UN-T) is facing challenges in diversifying into multi-family residential apartments in the US Sunbelt. The company is offloading assets at not-great prices, and its strategic plan is refocusing on growth-oriented residential and industrial properties. Despite the significant discount to NAV and a good yield, there are concerns about headwinds to fundamentals and the uncertain environment. The stock has triggered its stop at $11.50 and has a net investment loss of 9%.

Consensus
Hold
Valuation
Undervalued
HOLD
HR.UN vs. AX.UN

Doing its best to diversify into multi-family residential apartments in US Sunbelt, where supply is high, so operating income will be challenged. Execution story in a difficult environment for selling or transitioning assets. A hold. Discount to NAV, but headwinds to fundamentals. Still, prefers it to AX.UN.

property mngmnt / investment
DON'T BUY

Too diversified: retail, office, residential, US, Canada. He likes focused REITs that do just one or two things. Cut distribution. Doesn't care for management. Offloading assets at not-great prices. Significant discount to NAV, 16x AFFO. In this uncertain environment, gravitate to the highest quality.

property mngmnt / investment
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Mar 21/23, Up 0.2%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with HR.UN has triggered its stop at $11.50.  To remain disciplined, we recommend covering the position at this time.  This will result in a net investment loss of 9%, when combined with the previous buy recommendation.

property mngmnt / investment
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O’Reilly

We reiterate, HR-UN, one of Canada's largest REITS holding $11.4 billion in assets in North America, as a TOP PICK. Its strategic plan is refocusing on growth orientated residential and industrial properties. It trades at 4x earnings and under book value.  The yield is good and backed by a payout ratio under 20%. We recommend trailing up the stop-loss from $10.50 to $11.50, looking to achieve $15.75 -- upside potential of 26%. Yield 4.3%

(Analysts’ price target is $15.75)
property mngmnt / investment
BUY

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Repositioning property portfolio for growth. Good yield of 4.4%. Reduced debt balance. Repurchasing units at a discount to NAV. Unlock Premium - Try 5i Free

property mngmnt / investment
BUY

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Repositioning property portfolio for growth. Good yield of 4.4%. Reduced debt balance. Repurchasing units at a discount to NAV. Unlock Premium - Try 5i Free

property mngmnt / investment
BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Repositioning property portfolio for growth. Good yield of 4.4%. Reduced debt balance. Repurchasing units at a discount to NAV.
property mngmnt / investment
BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Repositioning property portfolio for growth. Good yield of 4.4%. Reduced debt balance. Repurchasing units at a discount to NAV.
property mngmnt / investment
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly One of Canada's largest REITS holding $11.7 billion in assets in North America. Its strategic plan is refocusing on growth orientated residential and industrial properties. They declared a special distribution in additional units and cash valued at $0.40 per unit combined for holders as at year end. The yield is good and backed by a payout ratio under 45%. We recommend placing a stop-loss at $10.50, looking to achieve $15.50 -- upside potential of 25%. Yield 4.5% (Analysts’ price target is $15.50)
property mngmnt / investment
HOLD
Likes transition company is making into many assets. Looking into USA sunbelt and industrial assets. Selling office spaces and re-developing others. Work in progress and success will depend on management execution. Hold shares if already own.
property mngmnt / investment
DON'T BUY
Office, residential, industrial. Not focused enough for him. Good numbers last quarter. Will probably reinstate dividend soon. It's fine, but not one of his favourites.
property mngmnt / investment
BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Restructuring to help significantly. Simplified ring to help debt load. Trading lower than other REITs. Restructuring to help debt load.
property mngmnt / investment
HOLD
Diversified portfolio and has done good job of rationalizing it. Will it be able to close the gap to NAV? A 'show me' story.
property mngmnt / investment
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Jun 29/21, Down 22.3%)Stockchase Research Editor: Michael O’Reilly Our PAST TOP PICK with HR.UN has triggered its stop at $12.50. To remain disciplined, we recommend covering the position at this time.
property mngmnt / investment
DON'T BUY
Diversified. Yield is healthy at 5.2%, but he doesn't see it growing. If rates start to ratchet up, REIT yields won't look as attractive, especially if the yield can't be increased.
property mngmnt / investment
Showing 1 to 15 of 501 entries

H&R Real Estate Inv Trust(HR.UN-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 3

Stockchase rating for H&R Real Estate Inv 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.

H&R Real Estate Inv Trust(HR.UN-T) Frequently Asked Questions

What is H&R Real Estate Inv Trust stock symbol?

H&R Real Estate Inv Trust is a Canadian stock, trading under the symbol HR.UN-T on the Toronto Stock Exchange (HR.UN-CT). It is usually referred to as TSX:HR.UN or HR.UN-T

Is H&R Real Estate Inv Trust a buy or a sell?

In the last year, 3 stock analysts published opinions about HR.UN-T. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for H&R Real Estate Inv Trust.

Is H&R Real Estate Inv Trust a good investment or a top pick?

H&R Real Estate Inv Trust was recommended as a Top Pick by on . Read the latest stock experts ratings for H&R Real Estate Inv Trust.

Why is H&R Real Estate Inv 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 H&R Real Estate Inv Trust worth watching?

3 stock analysts on Stockchase covered H&R Real Estate Inv Trust In the last year. It is a trending stock that is worth watching.

What is H&R Real Estate Inv Trust stock price?

On 2024-02-26, H&R Real Estate Inv Trust (HR.UN-T) stock closed at a price of $9.19.