We have set up our new Discord server! Share your feedback and find like-minded people! Join our Discord

Ticker
PMZ-UN.TO

Price
13.97
Stock movement up
+0.20 (1.45%)
Company name
Primaris Retail R.E. Invest. Tr. Units
Exchange
(TO
,
Currency
CAD
)
Sector
Real Estate >
REIT - Retail
Market cap
1.40B
Ent value
3.29B
Price/Sales
2.94
Price/Book
0.67
Div yield
6.01%
Div growth
-
Growth years
-
FCF payout
67.96%
Trailing P/E
19.68
Forward P/E
-
PEG
-
EPS growth
-
1 year return
6.64%
3 year return
-2.28%
5 year return
-
10 year return
-
Last updated: 2025-04-15

DIVIDENDS

Dividend yield - 5y

Loading...
Dividend yield data
Dividend per share0.84
Dividend yield6.01%
Payout frequency-
Maximum yield6.72%
Average yield5.85%
Minimum yield4.97%
Discount to avg yield2.73%
Upside potential2.80%
Yield as % of max yield89.50%

Yield distribution (inverse percentile) - 5y

Loading...
Yield distribution data
Dividend yield6.01%
Current yield distribution42.56%
Yield at 100% (Min)4.97%
Yield at 90%5.30%
Yield at 80%5.44%
Yield at 50% (Median)5.94%
Yield at 20%6.17%
Yield at 10%6.29%
Yield at 0% (Max)6.72%

Dividend per share

Loading...
Dividend per share data
Years of growth-
CCC status-
Dividend per share0.84
Payout frequency-
Ex-div date27 Sep 2024
EPS (TTM)0.75
EPS (1y forward)-
EPS growth (5y)-
EPS growth (5y forward)-

Dividend growth

Loading...
Please create a free account or log in to access this chart
Dividend growth data
PMZ-UN.TOS&P500
DGR MR2.49%-13.74%
DGR TTM-6.60%
DGR 3 years-5.24%
DGR 5 years-5.40%
DGR 10 years-7.07%
DGR 15 years-6.12%
Time since last change announced281 days
EPS growth (5y)-
EPS growth (5y forward)-

Payout ratio

Loading...
Please create a free account or log in to access this chart
Payout ratio data
EPS coverageFCF coverage
TTM112.87%67.96%
Average--
Forward--

VALUATION

Valuation Ratios

Loading...
Valuation Ratios data
Trailing P/E19.68
Price to OCF10.17
Price to FCF11.85
Price to EBITDA23.00
EV to EBITDA54.07

Valuation (Sales/Book Value)

Loading...
Valuation (Sales/Book Value) data
Price to Sales2.94
Price to Book0.67
EV to Sales6.91

FINANCIALS

Per share

Loading...
Per share data
Current share count100.25M
EPS (TTM)0.75
FCF per share (TTM)1.24

Income statement

Loading...
Income statement data
Revenue (TTM)476.43M
Gross profit (TTM)274.77M
Operating income (TTM)209.08M
Net income (TTM)71.16M
EPS (TTM)0.75
EPS (1y forward)-

Margins

Loading...
Margins data
Gross margin (TTM)57.67%
Operating margin (TTM)43.88%
Profit margin (TTM)14.94%

Balance Sheet

Loading...
Please create a free account or log in to access this chart
Balance Sheet data
Cash161.59M
Net receivables65.79M
Total current assets327.39M
Goodwill0.00
Intangible assets0.00
Property, plant and equipment0.00
Total assets4.14B
Accounts payable101.60M
Short/Current long term debt1.73B
Total current liabilities374.32M
Total liabilities2.05B
Shareholder's equity2.09B
Net tangible assets0.00

Cash flow

Loading...
Please create a free account or log in to access this chart
Cash flow data
Operating cash flow (TTM)137.71M
Capital expenditures (TTM)40.31M
Free cash flow (TTM)118.18M
Dividends paid (TTM)80.32M

Financial returns

Loading...
Please create a free account or log in to access this chart
Financial returns data
Return on Equity3.41%
Return on Assets1.72%
Return on Invested Capital3.30%
Cash Return on Invested Capital5.48%

STOCK INFORMATION

Stock chart

Loading...
Stock price data
Open13.87
Daily high14.16
Daily low13.87
Daily Volume184K
All-time high16.45
1y analyst estimate18.34
Beta1.16
EPS (TTM)0.75
Dividend per share0.84
Ex-div date27 Sep 2024
Next earnings date29 Apr 2025

Downside potential

Loading...
Downside potential data
PMZ-UN.TOS&P500
Current price drop from All-time high-15.08%-12.04%
Highest price drop-24.58%-56.47%
Date of highest drop14 Jul 20229 Mar 2009
Avg drop from high-12.59%-11.07%
Avg time to new high63 days12 days
Max time to new high625 days1805 days
COMPANY DETAILS
PMZ-UN.TO (Primaris Retail R.E. Invest. Tr. Units) company logo
Marketcap
1.40B
Marketcap category
Small-cap
Description
Primaris is Canada's only enclosed shopping centre focused REIT, with ownership interests primarily in leading enclosed shopping centres located in growing mid-sized markets. The current portfolio totals 12.5 million square feet valued at approximately $3.8 billion at Primaris' share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris is very well-capitalized and is exceptionally well positioned to take advantage of market opportunities at an extraordinary moment in the evolution of the Canadian retail property landscape.
Employees
0
Investor relations
-
CEO
Country
Canada
City
Stock type
-
CCC status
-
Dividend Frequency
-
EVENTS AND PRESENTATIONS
EventsPresentations
Loading...
UNDERSTAND THE BUSINESS
Loading...
COMPANY NEWS
All newsPress releases
TORONTO, April 07, 2025--Primaris Real Estate Investment Trust ("Primaris" or the "Trust") (TSX: PMZ.UN) announced today that its Board of Trustees has declared a distribution of $0.0717 per unit for ...
April 7, 2025
TORONTO, April 02, 2025--Primaris Real Estate Investment Trust ("Primaris" or the "Trust") (TSX: PMZ.UN) will be releasing its financial results for the quarter ended March 31, 2025, on Wednesday, Apr...
April 2, 2025
TORONTO, April 01, 2025--Primaris Real Estate Investment Trust ("Primaris" or the "REIT") (TSX: PMZ.UN) announced today significant progress on its disposition program that supports its capital recycl...
April 1, 2025
As global markets navigate a period of heightened uncertainty, the Federal Reserve's decision to hold rates steady has provided some relief, with U.S. stocks closing the week higher and small-cap indi...
March 25, 2025
TORONTO, March 10, 2025--Primaris Real Estate Investment Trust ("Primaris" or the "Trust") (TSX: PMZ.UN) announces today its exposure to the Hudson’s Bay Company ULC, the retailer Hudson’s Bay and The...
March 10, 2025
TORONTO, March 07, 2025--Primaris Real Estate Investment Trust ("Primaris" or the "Trust") (TSX: PMZ.UN) announced today that its Board of Trustees has declared a distribution of $0.0717 per unit for ...
March 7, 2025
TORONTO, March 07, 2025--Primaris Real Estate Investment Trust ("Primaris" or "the Trust") (TSX: PMZ.UN) announced today that it has received acceptance from the Toronto Stock Exchange ("TSX") of Prim...
March 7, 2025
TORONTO, February 19, 2025--Primaris Real Estate Investment Trust ("Primaris" or the "Trust") (TSX: PMZ.UN) announced today that it has priced a private placement (the "Offering") of $200 million aggr...
February 19, 2025
TORONTO, February 13, 2025--Primaris Real Estate Investment Trust ("Primaris" or "the Trust") (TSX: PMZ.UN) announced today financial and operating results for the fourth quarter and year ended Decemb...
February 13, 2025
TORONTO, February 07, 2025--Primaris Real Estate Investment Trust ("Primaris" or the "Trust") (TSX: PMZ.UN) announced today that its Board of Trustees has declared a distribution of $0.0717 per unit f...
February 7, 2025
Next page