RioCan Real Estate Investment Trust (RIOCF) Stock
RioCan operates as a prominent real estate investment trust in Canada. The company specializes in the ownership, management, and development of properties, primarily retail-focused but progressively transitioning to mixed-use developments.
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About RioCan Real Estate Investment Trust
RioCan operates as a prominent real estate investment trust in Canada. The company specializes in the ownership, management, and development of properties, primarily retail-focused but progressively transitioning to mixed-use developments. These assets are strategically situated in high-density, transit-oriented urban areas, locations highly desirable for Canadians to shop, live, and work. As of September 30, 2020, RioCan's portfolio comprised 221 properties, representing approximately 38.4 million square feet of net leasable area (at the trust's interest). This diverse collection included office and residential rental units, alongside 16 properties actively under development.
RioCan Real Estate Investment Trust is headquartered in CA.
RioCan Real Estate Investment Trust (RIOCF) stock trades at $15.40 with a market capitalization of $4.48B. The stock is valued at a price-to-earnings (P/E) ratio of 25.05, price-to-book of 0.87, price-to-sales of 4.55. Over the past 52 weeks the stock has ranged between $12.54 and $16.55, and currently trades 6.9% below its 52-week high. It pays a dividend yielding 5.39%.
On profitability, RioCan Real Estate Investment Trust generates a return on equity (ROE) of 3.53%, return on capital employed of 4.69%, an operating margin of 46.51%, a net profit margin of 18.34%.
Official website: www.riocan.com