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

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

RioCan Real Estate Investment Trust Trading Up 1.4%

Shares of REI.UN stock traded up C$0.29 on Monday, reaching C$21.45. 999,532 shares of the company’s stock were exchanged, compared to its average volume of 750,800. The company’s fifty day simple moving average is C$20.83 and its 200 day simple moving average is C$20.98. RioCan Real Estate Investment Trust has a 52 week low of C$18.06 and a 52 week high of C$23.25. The company has a current ratio of 0.30, a quick ratio of 0.08 and a debt-to-equity ratio of 95.37. The stock has a market capitalization of C$6.24 billion, a PE ratio of 24.94 and a beta of 0.85.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Royal Bank Of Canada lifted their price objective 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 research report on Friday, August 7th. Scotia boosted their target price on RioCan Real Estate Investment Trust from C$22.25 to C$22.50 and gave the company a “sector perform” rating in a research report on Thursday, August 6th. Desjardins boosted their target price on RioCan Real Estate Investment Trust from C$24.00 to C$25.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. 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 company a “hold” rating in a research report on Thursday, August 6th. Finally, National Bank Financial lowered their target price on shares of RioCan Real Estate Investment Trust from C$26.50 to C$24.50 and set an “outperform” rating for the company in a report on Wednesday, October 21st. Six research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus 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).