Nexus Industrial REIT is a unique growth-oriented industrial REIT. Nexus has a quality portfolio of industrial, office, and retail properties in Canada, with a focus on unitholder value creation through the acquisition and ownership of industrial properties.
Nexus is constantly pursuing prudent growth opportunities to increase scale through transactions that are accretive to the REIT’s adjusted funds from operation (AFFO) per unit. Nexus will continue to grow across Canada and other jurisdictions, potentially including select American markets where opportunities exist.
Nexus has a fully aligned internal management team with meaningful direct ownership in the REIT. Management has developed strategic relationships that create a vast pipeline of potential future off market acquisitions.
Nexus provides investors the opportunity to participate in early growth stages of an industrial vehicle that acquires and operates quality real estate assets across Canada at a valuation that represents a significant discount compared to industrial REITs. Additionally, the Distribution Reinvestment Plan provides certain unitholders of Nexus REIT the opportunity to reinvest distributions from the Trust in additional Trust units at the average market price (as defined herein) and to receive further additional Trust units on account of a 4% bonus distribution from the Trust in respect of any distribution so reinvested.
Nexus Industrials Stock Details
- Ticker: tse:nxr.un
- Sector: Real Estate
- Industry: REIT - Industrial
- Market Cap: 0.58B
- Market Cap Group: Small Cap
- P/E: 6.35
- Dividend Yield: 7.47%
- Grade: B
- Dividend Aristocrat: NO
- Chowder Score: Members Only
- Revenue Growth: Members Only
- Dividend Growth: Members Only
- Dividend Growth Fit: 4/10
- Dividend Income Fit: 6/10
NXR.UN Industry 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 |
|---|---|---|---|---|---|---|---|---|---|
| GRT.UN | TSE:GRT.UN | Granite REIT | 5.11 | 0.00 | 4.00 | YES | 1 | 10 | 81 |
| SMU.UN | TSE:SMU.UN | Summit Industrial Income REIT | 4.41 | 8.77 | 0.00 | NO | 1 | 10 | 81 |
| DIR.UN | TSE:DIR.UN | Dream Industrial | 3.55 | 15.39 | 5.08 | NO | 1 | 10 | 81 |
| NXR.UN | TSE:NXR.UN | Nexus Industrial REIT | 0.58 | 6.35 | 7.47 | NO | 1 | 10 | 81 |
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.
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Nexus Industrial REIT - FAQ
What is the stock ticker for Nexus Industrial REIT?
The stock ticker for Nexus Industrial REIT is TSE:NXR.un.
Is Nexus Industrial REIT a good stock to buy?
You need to consider your investment strategy and how TSE:NXR.un can fit in your portfolio.
The current dividend income score of 6/10 and dividend growth score of 4/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.
Is Nexus Industrial REIT a Buy, Sell or Hold?
The Dividend Snapshot Opportunity Score of 56 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 Nexus Industrial REIT?
You can easily buy the NXR.UN stock with an online trading platform.
Just make sure the stock fits your risk profile and investment goals.