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: 2.37B
- Market Cap Group: Mid Cap
- P/E: 38.86
- Dividend Yield: 6.63%
- Grade: D
- Dividend Aristocrat: NO
- Chowder Score: Members Only
- Revenue Growth: Members Only
- Dividend Growth: Members Only
- Dividend Growth Fit: 1/10
- Dividend Income Fit: 6/10
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 | 2.37 | 38.86 | 6.63 | NO | 1 | 10 | 120 |
| CRR.UN | TSE:CRR.UN | Crombie REIT | 1.53 | 0.00 | 6.23 | NO | 1 | 10 | 120 |
| AX.UN | TSE:AX.UN | Artis REIT | 0.65 | 0.00 | 9.93 | NO | 1 | 10 | 120 |
| APR.UN | TSE:APR.UN | Automotive Properties REIT | 0.41 | 10.28 | 7.72 | NO | 1 | 10 | 120 |
| MRT.UN | TSE:MRT.UN | Morguard REIT | 0.34 | 0.00 | 4.49 | NO | 1 | 10 | 120 |
| PRV.UN | TSE:PRV.UN | PROREIT | 0.31 | 10.05 | 8.51 | NO | 1 | 10 | 120 |
| BTB.UN | TSE:BTB.UN | BTB REIT | 0.27 | 7.23 | 9.80 | NO | 1 | 10 | 120 |
| FCD.UN | TSE:FCD.UN | Firm Capital Property Trust | 0.18 | 10.07 | 10.97 | NO | 1 | 10 | 120 |
| TNT.UN | TSE:TNT.UN | True North Commercial REIT | 0.14 | 0.00 | 0.00 | NO | 1 | 10 | 120 |
| MPCT.UN | TSE:MPCT.UN | Dream Impact Trust REIT | 0.07 | 0.00 | 0.00 | NO | 1 | 10 | 120 |
| SOT.UN | TSE:SOT.UN | Slate Office REIT | 0.06 | 0.00 | 0.00 | NO | 1 | 10 | 120 |
| MR.UN | TSE:MR.UN | Melcor REIT | 0.03 | 5.80 | 0.00 | NO | 1 | 10 | 120 |
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 6/10 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 39 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.
How can I buy stocks for H&R REIT?
You can easily buy the HR.UN stock with an online trading platform.
Just make sure the stock fits your risk profile and investment goals.