RioCan Real Estate Investment Trust (TSX:REI.UN)

Canada flag Canada · Delayed Price · Currency is CAD
17.49
+0.30 (1.75%)
May 12, 2025, 4:00 PM EDT
-1.24%
Market Cap 5.20B
Revenue (ttm) 1.17B
Net Income (ttm) 260.71M
Shares Out 297.23M
EPS (ttm) 0.87
PE Ratio 20.10
Forward PE 14.33
Dividend 1.16 (6.74%)
Ex-Dividend Date n/a
Volume 886,978
Average Volume 721,484
Open 17.31
Previous Close 17.19
Day's Range 17.30 - 17.52
52-Week Range 15.46 - 20.83
Beta 1.18
RSI 58.00
Earnings Date May 5, 2025

About TSX:REI.UN

RioCan is one of Canada’s largest real estate investment trusts. RioCan owns, manages and develops retail-focused, mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at September 30, 2024, our portfolio is comprised of 186 properties with an aggregate net leasable area of approximately 33 million square feet (at RioCan's interest). [Read more]

Industry REIT - Retail
Sector Real Estate
Founded 1993
Employees 500
Stock Exchange Toronto Stock Exchange
Ticker Symbol REI.UN
Full Company Profile

Financial Performance

In 2024, TSX:REI.UN's revenue was 1.34 billion, an increase of 13.79% compared to the previous year's 1.18 billion. Earnings were 473.47 million, an increase of 1120.21%.

Financial Statements

News

RioCan Announces Strong First Quarter Results – Solid Leasing Spreads and Same Property NOI Growth Achieved

TORONTO — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) announced today its financial results for the three months ended March 31, 2025. Strong leasing demand generated n...

7 days ago - Financial Post

RioCan Announces Strong First Quarter Results - Solid Leasing Spreads and Same Property NOI Growth Achieved

TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust (“RioCan" or the "Trust”) (TSX: REI.UN) announced today its financial results for the three months ended March 31, 2025. Strong leasing de...

7 days ago - Business Wire

RioCan Real Estate Investment Trust Announces April 2025 Distribution

TORONTO — RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 9.65 cents per unit for the month of April. The distribution will be payable on May 7, 2025, to...

27 days ago - Financial Post

RioCan Real Estate Investment Trust Announces April 2025 Distribution

TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 9.65 cents per unit for the month of April. The distribution will be payable on...

27 days ago - Business Wire

Canadian REITs: Can They Weather Tariff Uncertainty?

Impact of tariffs on Canada's REIT sector. What a recession might mean for REITs. Why Canadian REITs are trading at a discount vs. U.S. REITs.

5 weeks ago - Seeking Alpha

RioCan Real Estate Investment Trust Schedules First Quarter 2025 Earnings Release, Conference Call and Webcast

TORONTO — RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced that it is scheduled to release its financial and operational results for the three months ended March 31, 2025, ...

6 weeks ago - Financial Post

RioCan Real Estate Investment Trust Schedules First Quarter 2025 Earnings Release, Conference Call and Webcast

TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced that it is scheduled to release its financial and operational results for the three months ended ...

6 weeks ago - Business Wire

RioCan REIT: Hudson's Bay Bankruptcy Is A Minor Hindrance

RioCan's financials converted us to a bullish stance, despite initial concerns about debt and residential focus over retail leasing. We recommended a buy due to attractive valuation and entered using ...

6 weeks ago - Seeking Alpha

HBC’s restructuring plan opposed by employees, joint-venture partner RioCan

'Its terms expressly restrict HBC’s ability to advance a going-concern solution,' RioCan said

6 weeks ago - Financial Post

RioCan exposure in HBC could present new long-term opportunity

Despite the Hudson's Bay initiating closures of several stores, its main retail investor RioCan is now faced with a new long-term opportunity. CEO and CIO of Starlight Capital Dennis Mitchell explains...

6 weeks ago - BNN Bloomberg

Hudson’s Bay properties in focus as RioCan calls creditor filing ‘disappointing’

TORONTO — The possible liquidation of Hudson’s Bay is also bringing into question the future of its huge retail footprint, and highlighting the exposure other companies have to its potential downfall....

7 weeks ago - Financial Post

RioCan Real Estate Investment Trust Provides Update on Hudson’s Bay Company’s CCAA Filing

TORONTO — In connection with Hudson’s Bay Company’s (“HBC”) CCAA filing announced on March 7, 2025, RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) provides an update on it...

7 weeks ago - Financial Post

RioCan Real Estate Investment Trust Announces March 2025 Distribution

RioCan Real Estate Investment Trust ("RioCan") (TSX: REI) today announced a distribution of 9.65 cents per unit for the month of March. The distribution will be payable on April 7, 2025, to unitholde...

2 months ago - Benzinga

RioCan Real Estate Investment Trust Announces March 2025 Distribution

TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 9.65 cents per unit for the month of March. The distribution will be payable on...

2 months ago - Business Wire

Riocan Real Estate Investment Trust (RIOCF) Q4 2024 Earnings Call Highlights: Record Occupancy ...

Riocan Real Estate Investment Trust (RIOCF) Q4 2024 Earnings Call Highlights: Record Occupancy and Strategic Growth Initiatives

2 months ago - GuruFocus

RioCan achieved over 98% capacity in 2024: CEO on Q4 beat

Jonathan Gitlin, president and CEO of RioCan REIT, discusses the investment trust's 2024 performance.

2 months ago - BNN Bloomberg

RioCan Announces Strong Fourth Quarter and Year End 2024 Results – Monthly Distribution Increase of 4.3% to $0.0965 per unit

TORONTO — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) announced today its financial results for the three months and year ended December 31, 2024. High demand locations...

2 months ago - Financial Post