Summit Industrial Income REIT (SMU.UN.TO) Stock Price
Summit Industrial Income REIT Price
Revenue has compounded at 8.9% per year over the past 19 years to 216.97 M CAD. Earnings per share have grown at 22.7% per year over the last 16 years. Summit Industrial Income REIT's net margin stands at 521.7%, up from 107.3% several years earlier. Analysts set a median price target of 23.97 CAD, implying 2.1% above the current price. Of 9 analysts, 5 rate the stock a buy — an overall Buy consensus.
Summit Industrial Income REIT stock price
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Summit Industrial Income REIT business model & stock analysis
Frequently asked questions about Summit Industrial Income REIT
The business model of Summit Industrial Income REIT focuses on owning and operating a diversified portfolio of industrial properties across Canada. By acquiring and managing industrial properties, Summit Industrial Income REIT generates income through rental payments from its tenants. The company aims to provide stable and growing cash distributions to its unitholders by maintaining a high-quality property portfolio, proactive asset management, and strategic acquisitions. Summit Industrial Income REIT focuses on properties that are located in key logistics hubs, offering tenants proximity to transportation networks and access to major markets.
Summit Industrial Income REIT is primarily active in the industrial real estate sector. As a real estate investment trust, Summit invests in and operates a diverse portfolio of properties within the industrial sector. These properties include warehouses, distribution centers, logistics facilities, and other industrial spaces. With a focus on acquiring and managing properties that cater to tenants in industries such as manufacturing, e-commerce, and logistics, Summit Industrial Income REIT aims to generate stable and growing rental income for its investors.
The main competitors of Summit Industrial Income REIT in the market include Allied Properties Real Estate Investment Trust, Dream Industrial Real Estate Investment Trust, and Granite Real Estate Investment Trust.
Summit Industrial Income REIT, established in 2012, is a leading Canadian real estate investment trust specializing in the acquisition and management of light industrial properties. Headquartered in Calgary, Alberta, Summit Industrial Income REIT focuses on owning and operating high-quality, strategically located properties across Canada. The company's portfolio comprises over 100 properties, totaling approximately 23.5 million square feet of leasable area, with a diverse tenant base across various industries. Summit Industrial Income REIT is committed to delivering stable and growing cash distributions to its unitholders through active asset management and disciplined investment strategies. With a proven track record and a strong market presence, Summit Industrial Income REIT continues to drive long-term value for its stakeholders.
Some of the significant milestones that Summit Industrial Income REIT has achieved include: 1. Consistent growth and expansion of its industrial real estate portfolio. 2. Successful acquisition of prime properties in strategic locations across North America. 3. Implementation of sustainable practices and green initiatives in its properties. 4. Continued enhancement of operational efficiency and tenant satisfaction. 5. Strong financial performance, with steady increase in rental revenue and funds from operations. 6. Recognition as one of the leading industrial REITs, known for its expertise and reliability in the market. 7. Ongoing efforts to enhance shareholder value through prudent investment strategies and effective property management.
Summit Industrial Income REIT primarily operates in Canada. As a leading real estate investment trust, Summit focuses on the ownership and management of industrial properties across the country. With a diversified portfolio, the company acquires and leases properties in key Canadian markets, including British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, and Quebec. Through strategic investments and a strong presence in these regions, Summit Industrial Income REIT aims to provide stable and growing returns to its investors.
Summit Industrial Income REIT represents a strong commitment to delivering long-term value for its investors through the strategic acquisition and management of industrial properties. The company's corporate philosophy revolves around providing tenants with high-quality, functional spaces designed to meet their specific business needs. Summit Industrial Income REIT focuses on building strong relationships with its tenants, prioritizing customer service and maintaining industry-leading occupancy levels. With a focus on sustainability, the company aims to minimize its environmental impact through various initiatives. Overall, Summit Industrial Income REIT demonstrates a dedication to creating value through sound investment strategies and fostering positive partnerships with its tenants.
Analysts currently set an average price target of 23.68 CAD for the Summit Industrial Income REIT stock (median: 23.97 CAD), implying +0.8 % versus the latest price. The consensus is based on 9 analyst ratings.
9 analysts currently rate the Summit Industrial Income REIT stock: 5 recommend buying, 4 holding and 0 selling.
Converted at the current exchange rate, the Summit Industrial Income REIT share trades at 15.00 EUR (23.48 CAD).
The Summit Industrial Income REIT share (SMU.UN.TO) is listed on 3 stock exchanges, including: Toronto (SMU-UN.TO), Frankfurt (5G7.F), Düsseldorf (5G7.DU).
Summit Industrial Income REIT is a Canadian company that specializes in commercial real estate investment. The company focuses on acquiring, developing, and managing industrial and warehouse spaces in strategic locations. They have a large portfolio of properties across ten different provinces in Canada, totaling 25.2 million square feet of rental space with a 97% occupancy rate. Summit REIT caters to various industries and companies, including retail, manufacturing, distribution, logistics, and specialty markets. Their business model is centered around continuous growth, long-term income, and building strong relationships with tenants. Summit REIT offers a range of tailored products and services to meet the needs of their tenants, with a strong focus on tenant satisfaction for sustainable growth.
The revenue cannot currently be calculated for Summit Industrial Income REIT.
The profit cannot currently be calculated for Summit Industrial Income REIT.
The P/E ratio cannot be calculated for Summit Industrial Income REIT at the moment.
The P/S cannot be calculated for Summit Industrial Income REIT currently.
The Eulerpool Quality Score for Summit Industrial Income REIT is 8/10.
The ISIN of Summit Industrial Income REIT is CA8661201167. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The ticker of Summit Industrial Income REIT is SMU.UN.TO. The ticker symbol is used to trade Summit Industrial Income REIT shares on the stock exchange.
Summit Industrial Income REIT stock
Summit Industrial Income REIT Peer Group
Summit Industrial Income REIT Ticker
All fundamentals and in-depth analysis of Summit Industrial Income REIT
Our stock analysis for Summit Industrial Income REIT stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Summit Industrial Income REIT. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.