Buy, Sell or Hold: H&R Real Estate Inv Trust (HR.UN-T)

TSE:HR.UN

13.17

0.12 (0.90%) 1d

Showing 1 to 15 of 487 entries

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

BUY

Owns it in an income-seeking mandate he manages. Office portfolio spun off into PMZ.UN, which makes sense. Total return and income prospects are sustainable and compelling. Comfortable buying at these levels.

property mngmnt / investment

PARTIAL BUY

Allan Tong’s Discover Picks H&R boasts sound fundamentals: a 7.3x PE which beats RioCan's 15.9x and Choice Properties' 35x; gross margins are in line with peers; its profit margins edges out those two peers; and the 5.19% dividend yield is safe at a 39.53% payout ratio. Though it's still early, H&R shares have inched up since the spin-off and this REIT is certainly worth watching, unless you want to enter with a partial position. Read 3 Best Canadian industrial REITs in 2022 for our full analysis.

property mngmnt / investment

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PAST TOP PICK

(A Top Pick Jun 29/21, Down 18.1%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with HR.UN is advancing, we now recommend trailing the stop to $12.50.

property mngmnt / investment

COMMENT

Yield is 4.51% as of yesterday, without the price drop. The market is flip-flopping between cyclicals and interest-sensitives. He owns 4 REITs and has done well, good yields and balance sheets.

property mngmnt / investment

HOLD

Spinning out mall business as Primaris. Existing H&R will refocus on multi-family in the US, plus industrial. Office portfolio will be sold down. In time, have to see if markets reward H&R and the spinoff.

property mngmnt / investment

WATCH

Focused on the US sunbelt. Office industrial. There is a nice discount. The catalyst could be in the next quarter where they announce a spinout of at least one of their sectors. The new entity could have a better cost of capital or have a better growth rate.

property mngmnt / investment

HOLD

Going to try to boost stock price through various engineering initiatives. Not expensive. No real catalyst for growth. Still levered to the energy situation out west. You'll be fine. A nicer way to buy it is to sell a put. Nice distribution.

property mngmnt / investment

WAIT

H&R plans to sell a major property He follows it. It's a diversified REIT so are valued very lowly in today's market. It trades at 9x FFO. HR has taken steps to fix their problems, so shareholders must be patient. The underlying value is there. Don't rush to sell it after this tough time, and collect the good dividend. He like Artis REIT with its active management making the fundamental, long-term moves.

property mngmnt / investment

BUY

Allan Tong’s Discover Picks At more than 40 million square feet, H&R remains of the largest REIT stocks in Canada. It pays a solid 4.1% dividend at a safe 38.62% payout ratio and trades at only 8.7x compared to 20x by its peers. HR.UN stock has been a tear, rising from $13.25 in early February to around $16.75 now. However, before Covid, this REIT stock was sailing above $23. Returning to that level may be a stretch, there’s likely still room to run, and investors get paid a juicy dividend to wait. Another one for income investors. Read 3 Promising Office and Mall REIT Stocks for our full analysis.

property mngmnt / investment

BUY

It is a large, diversified REIT. It is recovering from the pandemic. It is trading $3-4 below its pre-COVID high. It is a good one to hold on to.

property mngmnt / investment

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TOP PICK

Stockchase Research Editor: Michael O'Reilly HR is one of Canada's largest REITS with assets over $14 billion. It holds over 43 million square feet of high quality assets in a diversified portfolio. It trades at 8x earnings, compared to peers at 17x and is presently trading below book value. It pays a great dividend, backed by a payout ratio of 36% of cash flow. A good made-in Canada economy recovery story. We would buy this with a stop loss at $13.50, looking to achieve $18 -- upside potential over 10%. Yield 4.23% (Analysts’ price target is $17.64)

property mngmnt / investment

SELL ON STRENGTH

Lots of empty space in Calgary, a boom and bust market. The Bow is one of the best pieces of property in downtown Calgary. Still owed rent by its former major tenant. Paying down debt, improving balance sheet. Did right to cut dividend. Keep it, but he'd sell around $18. Don't buy more. Yield of 4% is pretty good.

property mngmnt / investment

DON'T BUY

He doesn't own REITs now, especially in offices and retail. How long will it take for their occupancy to return? In REITs, you pay around 90% earnings so there's little wiggle room for error. He'd rather buy retirement homes like Chartwell and Sienna, which offer better growth.

property mngmnt / investment

HOLD

Businesses can't pay rent, and so we've seen a drop. It's collecting a fair amount of rent, good collection of properties, reasonable and sustainable yield. Questionable future demand for office space has spooked people. He owns it personally.

property mngmnt / investment

Showing 1 to 15 of 487 entries

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

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 5

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 9

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, 9 stock analysts published opinions about HR.UN-T. 5 analysts recommended to BUY the stock. 2 analysts 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?

9 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 2022-01-19, H&R Real Estate Inv Trust (HR.UN-T) stock closed at a price of $13.17.

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