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: 2.36B
- Market Cap Group: Mid Cap
- P/E: 0.00
- Dividend Yield: 6.67%
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.
|APR.UN||TSE:APR.UN||Automotive Properties REIT||0.41||6.49||7.74||NO||1||10||120|
|FCD.UN||TSE:FCD.UN||Firm Capital Property Trust||0.18||10.51||10.50||NO||1||10||120|
|TNT.UN||TSE:TNT.UN||True North Commercial REIT||0.12||0.00||0.00||NO||1||10||120|
|MPCT.UN||TSE:MPCT.UN||Dream Impact Trust REIT||0.10||0.00||11.32||NO||1||10||120|
|SOT.UN||TSE:SOT.UN||Slate Office REIT||0.07||0.00||14.12||NO||1||10||120|
Top Picks by Bay Street Experts
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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 5/10 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 30 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.