Primaris Real Estate Investment Trust
General ticker "PMREF" information:
- Sector: Real Estate
- Industry: REIT - Retail
- Capitalization: $1.1B (TTM average)
Primaris Real Estate Investment Trust follows the US Stock Market performance with the rate: 12.6%.
Estimated limits based on current volatility of 3.5%: low 12.36$, high 13.26$
Factors to consider:
- Earnings expected soon, date: 2026-02-11 bmo
- Company pays dividends (monthly): last record date 2026-01-30, amount 0.05$ (Y4.76%)
- Earnings for 6 months up through Q2 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [9.05$, 12.52$]
- 2025-12-31 to 2026-12-31 estimated range: [9.28$, 12.88$]
Financial Metrics affecting the PMREF estimates:
- Positive: with PPE of 20.4 at the end of fiscal year the price was very low
- Positive: Operating profit margin, % of 50.28 > 18.34
- Positive: 6.66 < Operating cash flow per share per price, % of 11.38
- Negative: Investing cash flow per share per price, % of -24.97 <= -14.20
- Positive: Industry inventory ratio change (median), % of 0 <= 0
- Positive: -3.56 < Return on assets ratio (scaled to [-100,100]) of 1.83
- Negative: Industry operating cash flow per share per price (median), % of 7.88 <= 10.21
- Negative: 42.77 < Shareholder equity ratio, % of 50.64 <= 64.37
Short-term PMREF quotes
Long-term PMREF plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | CA$380.06MM | CA$410.97MM | CA$504.62MM |
| Operating Expenses | CA$194.11MM | CA$207.46MM | CA$250.92MM |
| Operating Income | CA$185.95MM | CA$203.51MM | CA$253.70MM |
| Non-Operating Income | CA$-198.03MM | CA$-101.24MM | CA$-174.23MM |
| Interest Expense | CA$32.05MM | CA$53.62MM | CA$83.09MM |
| R&D Expense | CA$0.00MM | CA$0.00MM | CA$0.00MM |
| Income(Loss) | CA$-12.08MM | CA$102.27MM | CA$79.47MM |
| Profit(Loss)* | CA$-12.08MM | CA$102.27MM | CA$79.47MM |
| Stockholders Equity | CA$2,087.63MM | CA$2,103.93MM | CA$2,160.95MM |
| Inventory | CA$62.22MM | CA$0.00MM | CA$0.00MM |
| Assets | CA$3,201.78MM | CA$3,899.63MM | CA$4,267.43MM |
| Operating Cash Flow | CA$164.31MM | CA$166.37MM | CA$168.32MM |
| Capital expenditure | CA$0.92MM | CA$0.00MM | CA$46.75MM |
| Investing Cash Flow | CA$-112.61MM | CA$-467.52MM | CA$-369.25MM |
| Financing Cash Flow | CA$-46.38MM | CA$334.52MM | CA$171.38MM |
| Earnings Per Share** | CA$-0.12 | CA$1.03 | CA$0.83 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.