
First Capital Real Estate Investment Trust (FCR-UN.TO) has seen a slight dip this week amid recent corporate developments.
First Capital Real Estate Investment Trust's stock closed at C$23.26, reflecting a 0.73% decrease on the day and a 1.11% decline over the past week. Despite this downturn, the stock has experienced a year-to-date increase of 22.61%. This weekโs price action is influenced by recent corporate news regarding its arrangement with KingSett Capital and Choice Properties REIT.
Investor takeaway: Investors should keep an eye on the developments surrounding the arrangement with KingSett Capital and Choice Properties REIT, as well as First Capital's performance metrics and market conditions.
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First Capital Real Estate Investment Trust
FCR-UN.TO
FCR-UN.TO
First Capital Real Estate Investment Trust
Market cap
$4.84B
P/E
4.7x
Div. yield
3.95%
Div. / share
$0.90
52W high
$23.53
52W low
$17.68
1W change
-0.57%
Beta
0.89
Analyst Price Targets
Based on analyst covering FCR-UN
Wall Street analysts forecast FCR-UN stock price to rise 7.4% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$24.36
+7.4% Upside
Current Price
C$22.68
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on FCR-UN's historical volatility
30-Day Vol
6.6%
Annualized
90-Day Vol
8.4%
Annualized
Trend (90d)
-11.1%
Annualized drift
90d Mean
C$21.79
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$22.38 | C$21.87 โ C$22.90 |
| 60 trading days | C$22.09 | C$21.38 โ C$22.81 |
| 90 trading days | C$21.79 | C$20.95 โ C$22.68 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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First Capital REIT's stock has a market cap of approximately C$4.98 billion.
With a P/E ratio of 4.64 and a profit margin of 148.3%, First Capital REIT demonstrates strong profitability metrics that could attract long-term investors.
Bull case
Court approval of the arrangement with KingSett Capital and Choice Properties REIT could strengthen First Capital's portfolio and improve operational efficiency, potentially leading to long-term growth.
Bear case
The recent decline in stock price, along with lower trading volume compared to the 20-day average, may suggest that investors are cautious or uncertain about the company's future performance.
Recent Price Action
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First Capital REIT's stock closed at C$23.26, down 0.73% on Wednesday and 1.11% over the past week. Despite these short-term fluctuations, the stock has seen a notable increase of 22.61% year-to-date, indicating a generally positive trend for investors.
Corporate Developments
Recent headlines highlight that First Capital REIT received court approval for its arrangement with KingSett Capital and Choice Properties REIT, which could significantly impact its operational strategy. On June 23, 2026, unitholders approved this arrangement, following recommendations from leading independent proxy advisors to vote in favor. Such corporate actions may enhance First Capital's market positioning and operational efficiencies.
Technical Picture
Technically, First Capital REIT is trading near its 50-day moving average of C$23.28, which is slightly below the current price by 0.1%. The stock is also above its 200-day moving average of C$20.87, showcasing a strong upward trend over the long term. The 52-week range of C$17.32 to C$23.61 indicates that the stock is currently trading at 94% of its high. With a beta of 0.89, the stock exhibits lower volatility compared to the broader market.
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