BSR REIT (HOM.UN-T)
TSE:HOM.UN
19.12
0.27
(1.43%) 1d
Financials
Technical Analysis
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BSR REIT (HOM.UN-T) is currently experiencing challenges due to increased competition in its markets from new construction, impacting its ability to raise rents through 2024. While it trades at a discount to its net asset value (NAV), this may present an opportunity for investors looking for exposure to the U.S. economy and dollar. Experts note that the company's management is solid, although underperformance has stemmed from heightened interest rates and supply constraints that have eroded pricing power. Despite expectations of lower growth in the near term, there is optimism for potential improvement by 2025, particularly driven by job growth and migration trends in the U.S. Sun Belt. For current holders, the advice is to maintain positions and benefit from yield while hoping for better rates of growth in the future.
Well managed. Reason for underperformance has to do with interest rates and, more recently, with supply. No pricing power, material headwind. Tremendous demand in the US Sun Belt from job growth and migration. Expects lower growth, but could be good setup for 2025. Hold on, collect the yield, hope for better things in 2025.
Under pressure. Demand side is great in US, but high levels of new supply. 2023-24 might have more muted growth. Should have nice growing cashflow in latter half of next year. Discount to NAV. Comfortable owning it here.
It owns apartment buildings inn the U.S. with Dallas being the largest market and will have good cash flow growth this year. It trades at a wide discount to NAV with NAV being the private market value of its real estate. If a REIT trades at a premium to its NAV, he sells. If it trades at a discount, he buys.
BSR REIT(HOM.UN-T) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 2
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 4
BSR REIT(HOM.UN-T) Frequently Asked Questions
What is BSR REIT stock symbol?
BSR REIT is a Canadian stock, trading under the symbol HOM.UN-T on the Toronto Stock Exchange (HOM.UN-CT). It is usually referred to as TSX:HOM.UN or HOM.UN-T
Is BSR REIT a buy or a sell?
In the last year, 4 stock analysts published opinions about HOM.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 BSR REIT.
Is BSR REIT a good investment or a top pick?
BSR REIT was recommended as a Top Pick by on . Read the latest stock experts ratings for BSR REIT.
Why is BSR 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 BSR REIT worth watching?
4 stock analysts on Stockchase covered BSR REIT In the last year. It is a trending stock that is worth watching.
What is BSR REIT stock price?
On 2025-03-28, BSR REIT (HOM.UN-T) stock closed at a price of $19.12.
Performed well, but up against a lot of new construction in their markets. Difficult to raise rents in 2024. Trades at discount to NAV. If you like a stock levered to the US economy and US dollar, not a bad name. If you own it, hold. Earnings won't necessarily inflect materially this year, but over the long term you should be in a good spot.