PMZ-

Primaris Retail R.E. Invest. Tr. Units

PMZ-UN.TO primarisreit.com + Basket
ISIN CA74167K1093
CUSIP 74167K109
Employees 700
Phone 416 642 7800
Fiscal year end December
Address 181 Bay Street, Toronto, ON, Canada, M5J 2T3
22.13
-0.34 (-1.50%)
CAD · TO
52-week range
14.24
23.06
Trading at 90% of the 52-week range
Market Cap
3.05B
P/E Ratio
17.85
Forward P/E
13.26
Book Value
21.47
Div. Yield
3.88%
% Institutions
53.30%
% Insiders
0.561%

1 Year

+53.7%

3 Year

+109.7%

10 Year

+131.4%
Description

Primaris Real Estate Investment Trust is Canada's only enclosed shopping Centre focused REIT, with ownership interests in leading enclosed shopping centres located in growing Canadian markets. The proforma portfolio totals 15.3 million square feet, valued at approximately 5.6 billion dollars at Primaris' share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris is very well-capitalized and is exceptionally well positioned to take advantage of market opportunities at an extraordinary moment in the evolution of the Canadian retail property landscape. Primaris Real Estate Investment Trust was incorporated in 2021 in Ontario, Canada.

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Directors & Officers

Name Title Year Born
Mr. Alexander Danial Avery C.F.A. CEO & Trustee 1978
Mr. Patrick James Sullivan President, COO & Trustee 1970
Mr. Raghunath Davloor C.A. Chief Financial Officer 1962
Mr. Mordecai Bobrowsky Senior VP, General Counsel & Corporate Secretary NA
Ms. Leslie Buist Senior Vice President of Finance NA
Mr. Julian Schonfeldt Chief Investment Officer NA
Ms. Claire Mahaney Vice President of Investor Relations & Sustainability NA
Mr. Graham Thomas Procter Senior Vice President of Asset Management NA
Ms. Leigh Murray Senior VP & Head of National Leasing NA

Financial Highlights

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Market Cap: $3.05B
EBITDA: $353.14M
P/E Ratio: $17.85
Book Value: $21.47
Dividend/Share: $0.87
Dividend Yield: 3.88%
Earnings/Share: $1.24
Profit Margin: 16.42%
Operating Margin: 51.16%
ROA (TTM): 4.20%
ROE (TTM): 4.62%
Revenue (TTM): $715.23M
Revenue/Share (TTM): $5.26
Earnings Growth (YOY): -40.70%
Revenue Growth (YOY): 10.40%

Valuation Metrics

Enterprise Value: $4.81B
Trailing P/E: 17.85
Forward P/E: 13.26

Shares Statistics

Shares Outstanding: 118.07M
Shares Float: 116.66M
% Insiders: 0.561%
% Institutions: 53.30%
Shares Short: 3.47M
Shares Short (Prior Month): 3.63M
Short Ratio: 7.49

Stock Price History

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1 Year Price History

3 Years Price History

10 Years Price History

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Financial Charts

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Revenue, Net Income & Operating Cash Flow (Yearly)

Change % vs Prior Year

Revenue, Net Income & Operating Cash Flow (Quarterly)

Change % vs Prior Quarter

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

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Open full waterfall Open balance sheet
Line Item
Step Type
Value
Revenue
adjust
$652.57M
Cost of Goods Sold
adjust
$-279.15M
Gross Profit
subtotal
$373.42M
SG&A
adjust
$-40.48M
Operating Income
subtotal
$351.01M
Other / Non-Operating Items
adjust
$-167.83M
Net Income
subtotal
$183.19M

Earnings Per Share (EPS) History

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Financial Ratios

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📦 Raw API Data (JSON Explorer)

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