RioCan Real Estate Investment Trust (TSE:REI.UN) Announces Earnings Results

RioCan Real Estate Investment Trust (TSE:REI.UN) issued its quarterly earnings results on Monday. The real estate investment trust reported C$0.42 EPS for the quarter, FiscalAI reports. The business had revenue of C$304.81 million for the quarter. RioCan Real Estate Investment Trust had a net margin of 4.86% and a return on equity of 0.78%.

RioCan Real Estate Investment Trust Price Performance

REI.UN opened at C$21.45 on Tuesday. The stock’s 50 day simple moving average is C$20.83 and its 200 day simple moving average is C$20.99. The company has a debt-to-equity ratio of 95.37, a current ratio of 0.30 and a quick ratio of 0.08. RioCan Real Estate Investment Trust has a 1 year low of C$18.06 and a 1 year high of C$23.25. The firm has a market cap of C$6.24 billion, a price-to-earnings ratio of 24.94 and a beta of 0.85.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Canaccord Genuity Group boosted their price objective on shares of RioCan Real Estate Investment Trust from C$21.50 to C$22.50 and gave the stock a “hold” rating in a report on Thursday, August 6th. Desjardins upped their price objective on shares of RioCan Real Estate Investment Trust from C$24.00 to C$25.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Royal Bank Of Canada increased their target price on shares of RioCan Real Estate Investment Trust from C$24.00 to C$25.00 and gave the company an “outperform” rating in a report on Friday, August 7th. National Bank Financial decreased their target price on shares of RioCan Real Estate Investment Trust from C$26.50 to C$24.50 and set an “outperform” rating on the stock in a research report on Wednesday, October 21st. Finally, Scotia lifted their target price on shares of RioCan Real Estate Investment Trust from C$22.25 to C$22.50 and gave the stock a “sector perform” rating in a research report on Thursday, August 6th. Six analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$23.84.

RioCan Real Estate Investment Trust Company Profile

RioCan meets the everyday shopping needs of Canadians through the ownership, management and development of necessity-based retail properties in densely populated communities. As at June 30, 2026, our portfolio is comprised of 164 properties with an aggregate net leasable area of approximately 31 million square feet (at RioCan’s interest).