H&R REIT has interests in a portfolio of office, retail, industrial and residential properties spanning across 41 million square feet in North America. As one of Canada’s largest REITs, H&R has assets worth $14.4 billion. It enters into long-term lease including rent escalations with creditworthy tenants.

By asset type, H&R’s Office segment is the largest of the four segments and holds a portfolio of single tenant and multi-tenant office properties across North America, while its retail segment holds a portfolio of enclosed shopping centres, single tenant retail properties and multi-tenant retail centers throughout Canada and 16 single tenant retail properties in the USA.

By geographic region, Ontario and the USA account for 33% each of total fair value, followed by Alberta (25%) and other Canadian provinces (9%). H&R REIT’s focus on diversified portfolio of high quality investment properties in North America with quality tenants ensure stable cash flows.

Stock Chart & Metrics

  • Ticker: TSE:HR.UN
  • Sector: Real Estate
  • Industry: REIT - Diversified
  • Market Cap: 2.77B
  • Market Cap Group: Mid Cap
  • P/E: 2.07
  • Dividend Yield: 5.28%

Competitors

The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.

Ticker Ticker Company Market Cap P/E Yield Aristocrat Graph SectorID IndustryID
HR.UN TSE:HR.UN H&R REIT 2.77 2.07 5.28 NO 1 10 120
CRR.UN TSE:CRR.UN Crombie REIT 1.49 327.21 6.24 NO 1 10 120
AX.UN TSE:AX.UN Artis REIT 1.10 3.83 6.32 NO 1 10 120
APR.UN TSE:APR.UN Automotive Properties REIT 0.53 6.39 6.07 NO 1 10 120
TNT.UN TSE:TNT.UN True North Commercial REIT 0.50 7.70 10.59 NO 1 10 120
SOT.UN TSE:SOT.UN Slate Office REIT 0.35 4.79 9.19 NO 1 10 120
PRV.UN TSE:PRV.UN PROREIT 0.34 2.73 7.87 NO 1 10 120
MRT.UN TSE:MRT.UN Morguard REIT 0.33 6.84 4.63 NO 1 10 120
BTB.UN TSE:BTB.UN BTB REIT 0.27 4.39 9.40 NO 1 10 120
MPCT.UN TSE:MPCT.UN Dream Impact Trust REIT 0.27 8.90 9.78 NO 1 10 120
FCD.UN TSE:FCD.UN Firm Capital Property Trust 0.22 59.31 8.96 NO 1 10 120
MR.UN TSE:MR.UN Melcor REIT 0.07 20.19 8.35 NO 1 10 120

Top Picks by Bay Street Experts

Expert stock analysts have shared their opinions, and sometimes prediction, on the company.

For more top picks from stock analysts on Bay Street, check the full list of top picks by expect stock analysts from investment and asset management firms.

Not all analysts are equal and they don't cover the same type of stocks. The analysts performance and ownership is tracked for comparison.

H&R REIT - FAQ

What is the stock ticker for H&R REIT?

The stock ticker for H&R REIT is TSE:HR.UN.

Is H&R REIT a good stock to buy?

You need to consider your investment strategy and how TSE:HR.UN can fit in your portfolio.

The current dividend income score of 4/10 and dividend growth score of 1/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.

Is H&R REIT a Buy, Sell or Hold?

The Dividend Snapshot Opportunity Score of 40 out of 100.

The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.

A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.


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DISCLOSURE: Please note that I may have a position in one or many of the holdings listed. For a complete list of my holdings, please see my Dividend Portfolio.

DISCLAIMER: Please note that this blog post represents my opinion and not an advice/recommendation. I am not a financial adviser, I am not qualified to give financial advice. Before you buy any stocks/funds consult with a qualified financial planner. Make your investment decisions at your own risk – see my full disclaimer for more details.