H&R Real Estate Investment Trust (HRUFF) stock declined over -2.26%, trading at $7.34 on OTC, down from the previous close of $7.51. The stock opened at $7.51, fluctuating between $7.34 and $7.51 in the recent session.
H&R REIT is one of Canada's largest real estate investment trusts with total assets of approximately $13.3 billion at September 30, 2020. H&R REIT has ownership interests in a North American portfolio of high quality office, retail, industrial and residential properties comprising over 40 million square feet.
H&R Real Estate Investment Trust (OTC:HRUFF) closed at $7.34 USD, losing -$0.17 (-2.26%) from the previous close of $7.51. The stock is currently mid-range between its 52-week high and low $6.73 and $9.26. With a market capitalization of about $1.94 billion, H&R Real Estate Investment Trust is classified as a small-cap and shows market-like volatility (beta ~1.11). Key stats such as the average daily volume over the past year has been around 5.83 thousand shares, volume is running light vs its 52-week average. Headquartered in Toronto, ON, H&R Real Estate Investment Trust operates in the Real Estate sector and the REIT - Diversified industry. Led by CEO Thomas J. Hofstedter, the company employs approximately 487 people and listed since October 15, 2010. H&R REIT is one of Canada's largest real estate investment trusts with total assets of approximately $13.3 billion at September 30, 2020.
Valuation Metrics
H&R Real Estate Investment Trust trades at a P/E ratio of -2.82, slightly below the S&P 500 average, with a price-to-sales ratio of 3.39 and a price-to-book ratio of 0.47 suggesting the stock is closer to book value. The P/FCF stands at 19.49, also above market averages.
Dividend & Fair Value
H&R Real Estate Investment Trust last paid a dividend of 0.44 per share, this equals a trailing yield of roughly inf%. Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $8.28. This means the shares are trading below this model’s fair value.
Frequently Asked Questions
What is the current H&R Real Estate Investment Trust (HRUFF) stock price?
H&R Real Estate Investment Trust (OTC: HRUFF) stock price is $7.34 in the last trading session. During the trading session, HRUFF stock reached the peak price of $7.51 while $7.34 was the lowest point it dropped to. The percentage change in HRUFF stock occurred in the recent session was -2.26% while the dollar amount for the price change in HRUFF stock was - $0.17.
HRUFF's industry and sector of operation?
The OTC listed HRUFF is part of REIT - Diversified industry that operates in the broader Real Estate sector. H&R Real Estate Investment Trust designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Who are the executives of HRUFF?
Mr. Philippe Lapointe Pres Ms. Cheryl Fried CPA, C.A., CPA, CA Executive Vice President of Fin. Ms. Robyn Kestenberg Executive Vice President of Office & Industrial Colleen Grahn Pres of Property Management- Lantower Residential Mr. Blair Kundell Executive Vice President of Operations Mr. Larry Froom C.A., C.P.A., CA, CPA Chief Financial Officer Ms. Cheryl Fried C.A., C.P.A., CA, CPA Executive Vice President of Fin. Mr. Thomas J. Hofstedter Chief Executive Officer & Executive Chairman Ms. Brenda Huggins Senior Vice President of HR of Primaris Ms. Emily Watson Chief Operating Officer of Lantower Residential Ms. Cheryl Fried C.A., CPA, CA, CPA Executive Vice President of Fin. Mr. Matthew Kingston Executive Vice President of Devel. & Construction Ms. Audrey Craig Executive Vice President of Accounting - Lantower Residential Ms. Colleen Grahn Pres of Property Management- Lantower Residential Mr. Larry Froom C.A., CPA, CA, CPA Chief Financial Officer
How HRUFF did perform over past 52-week?
HRUFF's closing price is 6.21% higher than its 52-week low of $6.73 where as its distance from 52-week high of $9.26 is -19.45%.
How many employees does HRUFF have?
Number of HRUFF employees currently stands at 487.
HRUFF could be contacted at phone 416 635 7520 and can also be accessed through its website. HRUFF operates from 3625 Dufferin Street, Toronto, ON M3K 1N4, Canada.
How many shares of HRUFF are traded daily?
HRUFF stock volume for the day was 2.1K shares. The average number of HRUFF shares traded daily for last 3 months was 5.83K.
What is the market cap of HRUFF currently?
The market value of HRUFF currently stands at $1.94B with its latest stock price at $7.34 and 264.56M of its shares outstanding.
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Average 10-day trading volume of 6.46 thousand shares is significantly above the 3-month average of 3.06 thousand, indicating heightened recent market interest.
Key Takeaways
Valuation shows H&R Real Estate Investment Trust trading at a premium to the broader market with a P/E of -2.82.
Price Forecast & Outlook
Our AI price prediction model suggests that H&R Real Estate Investment Trust stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term.
Financial & Profitability Overview
Over the trailing twelve months, H&R Real Estate Investment Trust generated $847.15M in revenue, or $3.21 per share. Gross margin was 64.52%, operating margin 64.85%, and net profit margin 7.28%. Returns are modest, with ROA at 0.57% and ROE at 1.19%. On valuation metrics, H&R Real Estate Investment Trust trades at a P/E of -2.82, P/S of 3.39 and P/B of 0.47. Liquidity is tight, with a current ratio of 0.53 and quick ratio of 0.53. Operationally, the company’s inventory turnover is 0.00 and cash conversion cycle is 119.54 days. Debt-to-equity is 0.62, supported by a cash flow-to-debt ratio of 0.07.
Quarterly Financial Highlights
For the quarter ended Dec 31, 2023, H&R Real Estate Investment Trust posted revenue of $847.15M, down slightly from $834.64M in the prior quarter. Gross profit was $546.60M (margin 64.52%). Operating income was $549.35M (margin 64.8%). Net income was$61.69M (EPS $0.23). The company ended the quarter with $64.11M in cash and short-term investments, a total debt of $3.72B, and net debt of $3.65B. Total assets were $10.78B, with equity of $5.19B. Financials further reflected stability, with operating cash flow of $294.63M, free cash flow of $253.46M, and capital expenditures of - $41.17M.