Choice Properties Real Estate Investment Trust (PPRQF) Stock

About Choice Properties Real Estate Investment Trust

Choice Properties is recognized as Canada's foremost diversified real estate investment trust. The company operates as the owner, manager, and developer of a significant, high-quality portfolio, comprising 725 properties that together offer 66.1 million square feet of gross leasable area. Its holdings are diverse, featuring numerous retail spaces primarily leased to tenants offering essential goods and services, along with industrial, office, and residential assets strategically situated in desirable markets. The trust also boasts a robust and extensive development pipeline. A key competitive advantage, providing avenues for sustained long-term growth, is Choice Properties' integral strategic partnership with Loblaw Companies Limited, its principal tenant and Canada's leading retailer.

Choice Properties Real Estate Investment Trust is headquartered in CA.

Choice Properties Real Estate Investment Trust (PPRQF) stock trades at $11.25 with a market capitalization of $3.69B. The stock is valued at a price-to-earnings (P/E) ratio of -164.78, price-to-book of 2.67, price-to-sales of 3.51. Over the past 52 weeks the stock has ranged between $9.86 and $11.81, and currently trades 4.7% below its 52-week high. It pays a dividend yielding 4.98%.

On profitability, Choice Properties Real Estate Investment Trust generates a return on equity (ROE) of -1.24%, return on capital employed of 3.25%, an operating margin of 38.25%, a net profit margin of -5.15%.

Official website: www.choicereit.ca