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Added to YB: 2025-01-28

Pitch date: 2024-12-14

HR-UN.TO [bullish]

H&R Real Estate Investment Trust

+20.3%

current return

Author Info

No bio for this author

Company Info

H&R REIT is one of Canada's largest real estate investment trusts with total assets of approximately $9.

Market Cap

CAD 2.6B

Pitch Price

CAD 8.38

Price Target

20.00 (+98%)

Dividend

7.29%

EV/EBITDA

N/A

P/E

-6.31

EV/Sales

7.08

Sector

Diversified REITs

Category

value

Show full summary:
H&R Real Estate Investment Trust - $HR-UN.TO

HR-UN.TO: Diversified REIT at 50% NAV discount. 47% multi-family, 19% industrial, 19% office, 15% retail. Executing repositioning plan, selling office/retail assets above book value. $1B+ potential dispositions in 2025. 6% dividend yield, 60% AFFO payout. CEO incentivized to boost stock pre-retirement. Catalyst: asset sales, buybacks.

Read full article (4 min)