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True NthCommercial (TSE:TNT.UN)
TSX:TNT.UN
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TNT.UN Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$6.38 - C$14.27
Previous CloseC$13.08
Volume30.60K
Average Volume (3M)30.94K
Market Cap
C$194.66M
Enterprise ValueC$946.88M
Total Cash (Recent Filing)C$63.28M
Total Debt (Recent Filing)C$820.99M
Price to Earnings (P/E)―
Beta1.60
Next Earnings
Nov 07, 2024EPS EstimateN/A
Last Dividend Ex-Date
Oct 30, 2023Dividend Yield18.5%
Share Statistics
EPS (TTM)-3.12
Shares Outstanding14,461,209
10 Day Avg. Volume42,090
30 Day Avg. Volume30,938
Standard Deviation0.12
R-Squared0.32
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)0.43
Price to Sales (P/S)1.43
Price to Cash Flow (P/CF)2.00
P/FCF Ratio1.50
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$9.25Price Target Upside-31.28% Downside
Rating ConsensusHold
Number of Analyst Covering2
Bulls Say, Bears Say
Bulls Say
Financial PerformanceSame-property NOI growth was 9.4% or $1.8 million ($0.02 per unit) in the quarter, driven by lease commencements as well as lease termination income.
Regional PerformanceIn Ontario, same-property NOI rose 28%, driven by greater rents from lease commencements and lease termination fees.
Stock RepurchaseSavings from suspending the distribution were used to repurchase $10.5 million units over the past year at an average price of $9.15, which provided a boost to FFO per unit.
Bears Say
Interest ExpenseGreater interest expense from refinancing mortgages over the past year and the REIT’s exposure to variable rate debt.
Net Asset ValueTrue North currently trades at a 21.4% premium to NAV estimates, compared to its Canadian office REIT peers, which trade at a 7.9% discount to NAV.
Occupancy RatesA 280 basis points year-over-year drop in same-property occupancy to 90.3% as demand for office space remains muted.
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Options Prices
Currently, No data available
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Ownership Overview
15.96% Insiders
0.31% Mutual Funds
0.35% Other Institutional Investors
83.38% Public Companies and
Individual Investors
TNT.UN FAQ
What was True NthCommercial’s price range in the past 12 months?
True NthCommercial lowest stock price was C$6.38 and its highest was C$14.27 in the past 12 months.
What is True NthCommercial’s market cap?
Currently, no data Available
When is True NthCommercial’s upcoming earnings report date?
True NthCommercial’s upcoming earnings report date is Nov 07, 2024 which is in 49 days.
How were True NthCommercial’s earnings last quarter?
True NthCommercial released its earnings results on Aug 06, 2024. The company reported -C$0.495 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.495.
Is True NthCommercial overvalued?
According to Wall Street analysts True NthCommercial’s price is currently Overvalued.
Does True NthCommercial pay dividends?
True NthCommercial pays a Monthly dividend of C$0.14 which represents an annual dividend yield of 18.5%. See more information on True NthCommercial dividends here
What is True NthCommercial’s EPS estimate?
True NthCommercial’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does True NthCommercial have?
True NthCommercial has 14,462,180 shares outstanding.
What happened to True NthCommercial’s price movement after its last earnings report?
True NthCommercial reported an EPS of -C$0.495 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -4.664%.
Which hedge fund is a major shareholder of True NthCommercial?
Currently, no hedge funds are holding shares in TSE:TNT.UN
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True NthCommercial Stock Smart Score
Unlock Smart Score
1
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9
10
Analyst Consensus
Hold
Average Price Target:
C$9.25 (-31.28% Downside)
C$9.25 (-31.28% Downside)
Insider Transactions
Bought Shares
Worth C$132.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 4.7%
Last 30 Days ▼ 4.7%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-2.59%
12-Months-Change
Fundamentals
Return on Equity
-10.66%
Trailing 12-Months
Asset Growth
-11.78%
Trailing 12-Months
Company Description
True NthCommercial
True North Commercial REIT is a Canadian based open-ended Real estate investment trust company. It owns and acquires Canadian commercial real estate properties. Its objective is to maximize total returns to our unitholders. Returns include a stable, reliable and tax-efficient monthly cash distribution as well as long-term appreciation in the value of its units through the effective management of a portfolio of commercial properties. It has properties in Alberta, British Columbia, New Brunswick, Nova Scotia and Ontario.
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TNT.UN Stock 12 Month Forecast
Average Price Target
C$9.25
▼(-31.28% Downside)
Technical Analysis
Canadian Apartment
―
SmartCentres Real Estate Investment Trust
―
Killam Apartment REIT Un
―
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