Breakdown | |||||
TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
80.35M | 92.97M | 95.68M | 89.25M | 76.87M | 69.88M | Gross Profit |
60.85M | 72.87M | 75.13M | 68.98M | 59.52M | 53.27M | EBIT |
54.19M | 64.22M | -9.04M | 60.19M | -15.79M | 117.15M | EBITDA |
81.78M | 141.51M | -128.84M | 142.19M | 49.93M | 43.51M | Net Income Common Stockholders |
-124.28M | -64.29M | -114.23M | 116.42M | 96.14M | 118.66M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
9.53M | 7.77M | 6.89M | 10.89M | 10.35M | 10.72M | Total Assets |
1.72B | 865.37M | 1.72B | 1.94B | 1.89B | 1.50B | Total Debt |
987.05M | 343.89M | 992.49M | 964.87M | 885.33M | 710.24M | Net Debt |
977.52M | 336.12M | 985.60M | 953.99M | 874.99M | 699.52M | Total Liabilities |
1.27B | 604.35M | 1.30B | 1.39B | 1.45B | 1.15B | Stockholders Equity |
447.77M | 261.02M | 427.25M | 550.15M | 441.76M | 353.72M |
Cash Flow | Free Cash Flow | ||||
34.73M | 44.09M | 35.23M | 34.82M | 34.70M | 30.32M | Operating Cash Flow |
43.66M | 54.88M | 55.21M | 58.81M | 54.12M | 41.26M | Investing Cash Flow |
957.76M | 881.24M | -14.79M | -113.01M | -191.22M | -78.39M | Financing Cash Flow |
-1.00B | -935.24M | -44.42M | 54.74M | 136.72M | 36.54M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
81 Outperform | C$2.33B | 3.67 | 22.26% | 3.65% | 5.77% | 108.23% | |
75 Outperform | C$971.30M | 8.68 | 5.83% | 4.05% | 3.85% | -31.81% | |
71 Outperform | C$545.60M | 5.99 | 9.03% | 3.53% | -0.29% | ― | |
71 Outperform | C$1.91B | ― | -7.00% | 2.84% | 2.52% | -573.45% | |
66 Neutral | C$972.66M | ― | -11.97% | 4.24% | 4.39% | 56.33% | |
64 Neutral | C$581.04M | ― | -37.33% | 6.25% | -7.34% | -966.70% | |
61 Neutral | $2.82B | 10.89 | 0.42% | 8438.96% | 5.74% | -20.95% |
At the 2025 Annual Meeting, European Residential Real Estate Investment Trust (ERES) announced that all items of business were approved by a significant majority of votes. The election of trustees and the re-appointment of auditors were confirmed, with nominees receiving over 96% of votes in favor. This strong support reflects confidence in ERES’s strategic direction and management, reinforcing its position in the European real estate market.
The most recent analyst rating on ($TSE:ERE.UN) stock is a Buy with a C$3.50 price target. To see the full list of analyst forecasts on European Residential Real Estate ate Investment Trust stock, see the TSE:ERE.UN Stock Forecast page.
European Residential Real Estate Investment Trust (ERES) has announced a May 2025 monthly cash distribution of €0.005 per Unit and Class B LP Unit, equivalent to €0.06 annualized. This distribution will be paid in Canadian dollars unless registered unitholders opt for Euros, with payment scheduled for June 16, 2025. ERES continues to prioritize regular monthly distributions, subject to the Board’s discretion, reinforcing its commitment to providing consistent returns to its stakeholders.
The most recent analyst rating on ($TSE:ERE.UN) stock is a Buy with a C$3.50 price target. To see the full list of analyst forecasts on European Residential Real Estate ate Investment Trust stock, see the TSE:ERE.UN Stock Forecast page.
ERES reported its first quarter 2025 results, highlighting significant strategic initiatives, including the disposal of ten residential properties in the Netherlands for €90 million and an agreement to sell additional entities owning 1,446 residential suites for approximately €337.3 million. The proceeds from these transactions are intended to repay debt and distribute a special cash dividend. Despite strong rental growth and increased average monthly rents, the REIT faced a decline in occupancy rates and net operating income margins due to higher vacancies and increased costs. Financial performance showed a decrease in Funds From Operations due to property dispositions, though liquidity remains strong with debt coverage metrics within covenant thresholds.
European Residential REIT reported its first-quarter results for 2025, highlighting strategic initiatives and financial performance. The REIT disposed of ten residential properties in the Netherlands for €90 million and entered into an agreement to sell additional entities owning 1,446 residential suites for approximately €337.3 million. These transactions are part of a broader strategy to maximize the value of its portfolio. Despite strong rental growth, the REIT experienced a decrease in occupancy rates and net operating income margin due to intentional vacancies and increased costs. Financially, the REIT saw a significant drop in Funds From Operations due to property dispositions, although liquidity remains robust.
European Residential Real Estate Investment Trust (ERES) has declared its April 2025 monthly cash distribution of €0.005 per Unit and Class B LP Unit, equivalent to €0.06 annualized. The distribution will be paid in Canadian dollars, with an option for registered Unitholders to receive it in Euros. ERES plans to continue regular monthly distributions, subject to the discretion of its Board of Trustees.
European Residential Real Estate Investment Trust (ERES) has announced strategic dispositions amounting to €362 million, involving the sale of residential suites in the Netherlands. The proceeds from these sales will be used to repay mortgage debt and provide a special distribution to unitholders, potentially impacting the company’s financial structure and market positioning. The pending sale, expected to close by mid-September 2025, highlights ERES’s strategic focus on optimizing its portfolio and enhancing shareholder value.
European Residential Real Estate Investment Trust (ERES) has declared a March 2025 monthly cash distribution of €0.005 per Unit and Class B LP Unit, payable on April 15, 2025. This distribution, which can be received in Canadian dollars or Euros, reflects ERES’s commitment to regular monthly distributions, reinforcing its position in the European real estate market.