H&R Real Estate Investment Trust has seen a notable drop this week amidst significant acquisition news.
This week, H&R Real Estate Investment Trust (HR-UN.TO) experienced a decline of 2.38%, closing at C$10.25. The stock's performance has been under pressure this month, down 8.32%, as investors digest recent developments in the company's strategic direction.
Advertisement
H&R Real Estate Investment Trust
HR-UN.TO
HR-UN.TO
H&R Real Estate Investment Trust
WealthAwesomeMarket cap
$2.88B
Div. yield
5.84%
Div. / share
$0.60
52W high
$11.63
52W low
$9.00
1W change
-2.38%
Beta
1.09
Analyst Price Targets
Based on analyst covering HR-UN
Wall Street analysts forecast HR-UN stock price to rise 15.4% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$11.83
+15.4% Upside
Current Price
C$10.25
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 HR-UN's historical volatility
30-Day Vol
19.6%
Annualized
90-Day Vol
22.6%
Annualized
Trend (90d)
-4.9%
Annualized drift
90d Mean
C$10.07
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$10.19 | C$9.52 โ C$10.90 |
| 60 trading days | C$10.13 | C$9.21 โ C$11.15 |
| 90 trading days | C$10.07 | C$8.96 โ C$11.32 |
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.
Advertisement
Investor takeaway: The recent acquisition news has drawn attention to H&R REIT, but the stock's technical indicators suggest caution. Its performance relative to moving averages and overall market sentiment may warrant careful consideration for investors.
C$10.25 Closing Price
The stock closed at C$10.25, reflecting a 0.29% decrease on the day, as it navigates significant acquisition news and recent financial results.
Bull case
Analysts are optimistic about H&R REIT, with an average target price of C$11.83, suggesting a potential upside of 15.4%. This positive outlook is supported by the recent acquisition deal, which could strengthen H&R's position in the market.
Bear case
However, the stock faces challenges with a poor profit margin of -68.7% and negative earnings per share (EPS), indicating financial difficulties that could impact future performance. Investors should be cautious, especially given the stock's beta of 1.09, which suggests a level of volatility that may concern risk-averse individuals.
Recent Company News
H&R Real Estate Investment Trust has recently garnered attention due to a significant acquisition deal valued at C$6.7 billion. This move, backed by Blackstone, aims to enhance H&R's portfolio and market presence. Additionally, the company's Q2 earnings call highlighted strategic initiatives that may shape its future direction.
Advertisement
Technical Picture
The stock's last close at C$10.25 is below both its 50-day moving average of C$10.97 and its 200-day moving average of C$10.57, indicating a bearish trend. The stock has a 52-week range of C$9.00 to C$11.63, currently trading at 48% of this range. With a beta of 1.09, the stock exhibits volatility that could be a concern for risk-averse investors. The recent volume of 666,331 shares is below the 20-day average of 1,046,854 shares, suggesting decreased trading activity.
Insider Activity
No recent insider activity has been reported, indicating that insiders may not be currently buying or selling shares amid the ongoing acquisition discussions.
Price Action
H&R Real Estate Investment Trust closed at C$10.25, down 0.29% on the day. Investors will be watching closely as the company navigates its acquisition and integrates its strategic plans.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Advertisement
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile โโ Reviewed by Certified Financial Professionals
This content has been reviewed by CFAยฎ charterholders and Certified Financial Planners (CFPยฎ) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFAยฎ charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFPยฎ professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
โ ๏ธ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
