First Capital REIT's stock shows steady growth amid recent distribution announcements.
First Capital Real Estate Investment Trust (FCR-UN.TO) has seen a modest rise in price this week, reflecting stable performance in the real estate sector. The stock closed at C$22.83, up 0.22% for the day and 0.53% for the week, contributing to a year-to-date gain of 24.40%. Investors are likely paying close attention to the company’s recent announcements and financial results.
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First Capital Real Estate Investment Trust
FCR-UN.TO
FCR-UN.TO
First Capital Real Estate Investment Trust
WealthAwesomeMarket cap
$4.85B
P/E
4.7x
Div. yield
3.95%
Div. / share
$0.90
52W high
$23.37
52W low
$17.57
1W change
+0.53%
Beta
0.86
Analyst Price Targets
Based on analyst covering FCR-UN · as of Sep 17, 2026
Wall Street analysts forecast FCR-UN stock price to rise 6.5% 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
+6.5% Upside
Current Price
C$22.88
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on FCR-UN's historical volatility
30-Day Vol
5.8%
Annualized
90-Day Vol
8.3%
Annualized
Trend (90d)
-4.5%
Annualized drift
90d Mean
C$22.51
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$22.76 | C$22.31 – C$23.22 |
| 60 trading days | C$22.64 | C$22.00 – C$23.29 |
| 90 trading days | C$22.51 | C$21.75 – C$23.31 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: The recent distribution announcements and solid financial performance may reassure investors, although the current trading volume indicates a cautious market approach.
First Capital REIT's Year-to-Date Performance Surges to 24.40%
The stock has shown resilience with a steady price increase over the past year, reflecting strong demand and investor confidence in the company's strategic direction.
Bull case
With a market cap of about C$4.85 billion and a profit margin of 139.5%, First Capital REIT demonstrates strong fundamentals. Analysts have set an average target price of C$24.36, suggesting potential upside that could attract investors looking for stability in the real estate sector.
Bear case
Despite these positive financial metrics, the stock's trading volume is notably lower than its 20-day average, indicating a lack of strong buying interest. Additionally, a beta of 0.86 suggests lower volatility compared to the broader market, which may limit short-term trading opportunities.
Recent Price Action
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First Capital REIT's stock has shown a steady increase over the past week, closing at C$22.83. This represents a gain of 0.22% for the day and 0.53% for the week. The stock's year-to-date performance has been impressive, with an increase of 24.40%.
Catalysts and Company News
While there have been no major news releases this week, First Capital REIT recently made headlines with announcements about distribution dates for September 2026 and quarterly financial results. The company reported an operating FFO per unit of C$0.35 for the second quarter of 2026, reflecting a 2.3% year-over-year increase.
Technical Picture
From a technical standpoint, First Capital REIT's stock is currently trading above its 50-day moving average of C$22.75 by 0.4% and above its 200-day moving average of C$21.90 by 4.2%. The stock has traded within a 52-week range of C$17.57 to C$23.37, currently sitting at 91% of this range. The beta of 0.86 indicates that the stock is less volatile than the broader market, which may appeal to risk-averse investors.
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