Primaris Retail REIT reports after the market closes on October 28. Analysts expect earnings and revenue to rise from a year ago. But there’s no comparable record of past EPS estimates and results, so we can’t say whether the company has typically beaten or missed expectations.
Primaris Retail REIT (PMZ-UN.TO) is scheduled to report results for the quarter ended September 30, 2026, after market close on October 28. The calendar lists EPS consensus of C$1.60 from one analyst and revenue consensus of C$698.8 million from three analysts. That points to year-over-year growth of 14.3% in EPS and 10.0% in revenue. Historical EPS results compared with estimates aren’t available, so there’s no basis to assess Primaris’s track record against expectations. Investors can follow the company on the Primaris stock page.
Recent earnings trend
Advertisement
Primaris Retail R.E. Invest. Tr. Units
PMZ-UN.TO
PMZ-UN.TO
Primaris Retail R.E. Invest. Tr. Units
WealthAwesomeMarket cap
$3.09B
P/E
18.1x
Div. yield
3.84%
Div. / share
$0.87
52W high
$23.13
52W low
$14.28
1W change
+0.63%
Beta
1.00
Analyst Price Targets
Based on analyst covering PMZ-UN · as of Oct 19, 2026
Wall Street analysts forecast PMZ-UN stock price to rise 14.1% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$25.60
+14.1% Upside
Previously C$25.50 on Sep 24, 2026
Current Price
C$22.44
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 PMZ-UN's historical volatility
30-Day Vol
18.4%
Annualized
90-Day Vol
17.4%
Annualized
Trend (90d)
-9.8%
Annualized drift
90d Mean
C$21.67
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$22.18 | C$20.81 – C$23.64 |
| 60 trading days | C$21.92 | C$20.03 – C$23.98 |
| 90 trading days | C$21.67 | C$19.41 – C$24.19 |
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.
Advertisement
Analyst coverage: 1 analyst(s) cover this name; upcoming EPS consensus is available.
Investor takeaway: The report will show whether Primaris is on track to deliver the growth in these limited-consensus estimates. It will also give investors an update on leasing, property income and recent portfolio changes. With just one analyst covering EPS and three covering revenue, treat the estimates as a reference point, not a reliable guide to a potential surprise. The calendar also has no headline EPS fields.
Advertisement
C$1.60 EPS consensus
One analyst expects EPS of C$1.60, up from C$1.40 a year ago. The estimate has risen from C$1.56 over the past 30 days. But with only one analyst and no comparable history of actual results, it’s hard to judge what the estimate says about a possible earnings surprise.
Bull case
The estimates point to year-over-year growth. The EPS consensus has also edged up from C$1.56 to C$1.60 over the past 30 days, with one upward revision and none downward.
Recent company updates offer some operating and portfolio details to watch. Primaris said it completed the C$411 million purchase of Upper Canada Mall and agreed to sell its 50% managing interest in Cataraqui Centre for C$41.8 million. At its October 7 Investor Day, the company outlined priorities including leasing, NOI growth, capital allocation and operating efficiency. The earnings report will show how those plans are reflected in results.
Bear case
Only a few analysts contribute to the consensus, and there’s no historical EPS data to show how well the estimates have performed. Recent transactions and an equity offering could also complicate comparisons and per-unit results, but the available information doesn’t quantify their effect this quarter. Investors should focus on the reported operating details rather than assume projected growth will lead to stronger recurring cash flow or distributions.
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 →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) 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: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ 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.
