Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
99.21M | 99.89M | 97.21M | 77.67M | 69.81M |
Gross Profit | ||||
58.52M | 57.94M | 57.74M | 46.28M | 40.53M |
EBIT | ||||
0.00 | 51.19M | 51.20M | 35.82M | 39.77M |
EBITDA | ||||
24.95M | 47.93M | 51.99M | 36.55M | 40.45M |
Net Income Common Stockholders | ||||
2.38M | 25.91M | 136.75M | 81.84M | 1.86M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
9.07M | 13.26M | 7.53M | 5.94M | 6.26M |
Total Assets | ||||
997.76M | 1.03B | 1.04B | 989.96M | 634.48M |
Total Debt | ||||
498.57M | 515.26M | 514.33M | 522.78M | 364.73M |
Net Debt | ||||
489.50M | 502.00M | 506.79M | 516.84M | 358.48M |
Total Liabilities | ||||
533.12M | 546.56M | 548.24M | 560.27M | 391.28M |
Stockholders Equity | ||||
464.65M | 488.03M | 487.69M | 429.69M | 243.20M |
Cash Flow | Free Cash Flow | |||
29.87M | 30.84M | 27.80M | 29.00M | 23.08M |
Operating Cash Flow | ||||
31.10M | 31.70M | 28.23M | 29.28M | 23.41M |
Investing Cash Flow | ||||
9.89M | 4.34M | 11.93M | -281.61M | -5.64M |
Financing Cash Flow | ||||
-45.17M | -30.32M | -38.58M | 252.01M | -16.81M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
80 Outperform | C$226.73M | 7.98 | 9.43% | 8.47% | 5.06% | 43.11% | |
78 Outperform | C$312.33M | 7.99 | 8.03% | 8.47% | 3.34% | 10.20% | |
73 Outperform | C$111.03M | 6.93 | 11.99% | 6.39% | -0.90% | 9.33% | |
72 Outperform | C$328.03M | 12.21 | 5.68% | 8.39% | -1.07% | 684.07% | |
60 Neutral | $2.82B | 10.29 | 0.31% | 8508.26% | 5.91% | -17.42% | |
59 Neutral | C$384.82M | ― | -3.77% | 4.04% | 0.18% | 68.25% | |
56 Neutral | $71.17M | ― | -16.65% | 0.73% | -2.12% | -287.56% |
PROREIT reported a 0.3% increase in net operating income for Q1 2025, despite owning fewer properties, and a 5.0% rise in same property NOI. The company renewed significant portions of its gross leasable area at favorable spreads, maintaining a high occupancy rate of 97.7%. PROREIT announced the acquisition of six industrial properties in Winnipeg, enhancing its industrial platform and forming a strategic relationship with Parkit Enterprise Inc. The company also sold non-core properties to reallocate capital to more promising opportunities, while maintaining a disciplined approach to debt management. With a strong presence in the Atlantic region, PROREIT is well-positioned for sustainable growth by targeting small- and mid-bay properties in secondary markets.
The most recent analyst rating on ($TSE:PRV.UN) stock is a Buy with a C$6.25 price target. To see the full list of analyst forecasts on PRO Real Estate Investment stock, see the TSE:PRV.UN Stock Forecast page.
Spark’s Take on TSE:PRV.UN Stock
According to Spark, TipRanks’ AI Analyst, TSE:PRV.UN is a Neutral.
PRO Real Estate Investment’s overall score reflects strong cash flow and positive corporate events that bolster financial stability. However, high leverage and inconsistent revenue growth pose risks. The stock’s high P/E ratio suggests overvaluation, despite an attractive dividend yield. Technical indicators also suggest caution due to potential bearish trends.
To see Spark’s full report on TSE:PRV.UN stock, click here.
PROREIT has announced an agreement to acquire six industrial properties in Winnipeg for $96.5 million, significantly increasing its industrial footprint and exposure in the region. This acquisition is expected to be accretive to adjusted funds from operations per unit and establishes a strategic relationship with Parkit Enterprise Inc., which will hold a 9.6% ownership interest in PROREIT post-transaction. The move enhances PROREIT’s operational capabilities in Winnipeg and aligns with its growth strategy, while Parkit’s involvement brings potential for future collaborative growth opportunities.
The most recent analyst rating on ($TSE:PRV.UN) stock is a Buy with a C$6.25 price target. To see the full list of analyst forecasts on PRO Real Estate Investment stock, see the TSE:PRV.UN Stock Forecast page.
Spark’s Take on TSE:PRV.UN Stock
According to Spark, TipRanks’ AI Analyst, TSE:PRV.UN is a Neutral.
PRO Real Estate Investment’s overall score reflects a strong cash flow position and positive corporate events that bolster financial stability. However, high leverage, inconsistent revenue growth, and a high P/E ratio are significant concerns. Technical indicators suggest caution due to potential overvaluation and limited momentum.
To see Spark’s full report on TSE:PRV.UN stock, click here.
PRO Real Estate Investment Trust (PROREIT) has announced the release date for its first quarter 2025 financial results, which will be available on May 14, 2025, after market close. The following day, a conference call will be held to discuss the results, inviting financial analysts to participate actively, while media and other interested parties can join via a live audio webcast. This announcement reflects PROREIT’s commitment to transparency and engagement with stakeholders, potentially impacting investor confidence and market positioning.
Spark’s Take on TSE:PRV.UN Stock
According to Spark, TipRanks’ AI Analyst, TSE:PRV.UN is a Neutral.
PRO Real Estate Investment’s strong cash flow and strategic initiatives are key strengths. However, challenges such as inconsistent revenue growth, high leverage, and a high P/E ratio pose significant risks. While corporate events and a high dividend yield provide some positive offset, technical indicators suggest caution with potential bearish trends.
To see Spark’s full report on TSE:PRV.UN stock, click here.
PRO Real Estate Investment Trust announced a cash distribution of $0.0375 per trust unit for April 2025, payable on May 15, 2025, to unitholders of record as of April 30, 2025. This announcement reflects PROREIT’s ongoing commitment to providing returns to its investors and may enhance its attractiveness to stakeholders by demonstrating stable financial performance.
Spark’s Take on TSE:PRV.UN Stock
According to Spark, TipRanks’ AI Analyst, TSE:PRV.UN is a Neutral.
PRO Real Estate Investment shows resilience in cash flow and strategic growth, which are key strengths. However, challenges in revenue consistency, high leverage, and a high P/E ratio pose risks. The attractive dividend yield and positive corporate events offer some mitigation, but technical indicators suggest caution with potential bearish trends.
To see Spark’s full report on TSE:PRV.UN stock, click here.
PRO Real Estate Investment Trust announced a cash distribution of $0.0375 per trust unit for March 2025, payable on April 15, 2025, to unitholders of record as of March 31, 2025. This announcement reflects PROREIT’s ongoing commitment to providing returns to its investors and may enhance its attractiveness to stakeholders in the competitive real estate investment market.
PROREIT reported stable net operating income for the fourth quarter and fiscal year 2024, despite owning fewer properties. The company achieved a 7.7% year-over-year growth in Same Property NOI, driven by strong leasing performance and rent escalations. PROREIT’s strategic property sales and acquisitions, along with effective debt management, highlight its ability to navigate a high-interest-rate environment, maintaining a high occupancy rate of 97.8% and reducing total debt by $16.7 million.
PRO Real Estate Investment Trust announced a cash distribution of $0.0375 per trust unit for February 2025, equating to an annualized rate of $0.45 per unit. This move underscores PROREIT’s ongoing commitment to providing consistent returns to its unitholders and reinforces its stable financial position in the Canadian real estate sector.