Should I buy or sell Plaza Retail REIT stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Plaza Retail REIT in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" PLZ.UN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PLZ.UN, but not buy additional shares or sell existing shares. View PLZ.UN analyst ratings or view top-rated stocks .

What is Plaza Retail REIT's stock price target for 2024?

4 Wall Street analysts have issued 12-month price targets for Plaza Retail REIT's stock. Their PLZ.UN share price targets range from C$4.00 to C$4.25. On average, they anticipate the company's share price to reach C$4.13 in the next twelve months. This suggests a possible upside of 21.0% from the stock's current price. View analysts price targets for PLZ.UN or view top-rated stocks among Wall Street analysts .

How have PLZ.UN shares performed in 2024?

Plaza Retail REIT's stock was trading at C$3.68 at the start of the year. Since then, PLZ.UN stock has decreased by 7.3% and is now trading at C$3.41. View the best growth stocks for 2024 here .

How often does Plaza Retail REIT pay dividends? What is the dividend yield for Plaza Retail REIT?

Plaza Retail REIT announced a monthly dividend on Wednesday, March 27th. Stockholders of record on Monday, April 15th will be given a dividend of 0.0233 per share on Monday, April 15th. This represents a $0.28 annualized dividend and a yield of 8.20%. The ex-dividend date of this dividend is Wednesday, March 27th. Read our dividend analysis for PLZ.UN .

Is Plaza Retail REIT a good dividend stock?

Plaza Retail REIT (TSE:PLZ.UN) pays an annual dividend of C$0.28 per share and currently has a dividend yield of 7.70%. PLZ.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 155.56%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for PLZ.UN .

How do I buy shares of Plaza Retail REIT?

Shares of PLZ.UN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:PLZ.UN

Plaza Retail REIT (PLZ.UN) Stock Price, News & Analysis

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C$3.41

-0.08 (-2.29%)

(As of 04/18/2024 ET)

Compare

Today's Range: C$3.40
▼
C$3.50
50-Day Range: C$3.48
▼
C$3.64
52-Week Range: C$3.40
▼
C$4.27

Volume: 160,495 shs
Average Volume: 44,498 shs
Market Capitalization: C$376.36 million

P/E Ratio: 18.94
Dividend Yield: 8.21%
Price Target: C$4.13

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Insider Trades

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Plaza Retail REIT MarketRank™ Stock Analysis

Analyst Rating: Hold
2.25 Rating Score
Upside/Downside: 21.0% Upside
C$4.13 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.00
Based on 2 Articles This Week
Insider Trading: Acquiring Shares
C$42,435 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.51 out of 5 stars

2.1

Analyst's Opinion

Consensus Rating
Plaza Retail REIT has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Plaza Retail REIT has only been the subject of 3 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for PLZ.UN.

1.7

Dividend Strength

Dividend Leadership
Plaza Retail REIT is a leading dividend payer. It pays a dividend yield of 7.70%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Plaza Retail REIT does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Plaza Retail REIT is 155.56%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PLZ.UN.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 2 news articles for Plaza Retail REIT this week, compared to 0 articles on an average week.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Plaza Retail REIT insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$42,435.00 in company stock and sold C$0.00 in company stock.
Percentage Held by Insiders
35.17% of the stock of Plaza Retail REIT is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 1.02% of the stock of Plaza Retail REIT is held by institutions.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Plaza Retail REIT is 18.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.94.
Price to Earnings Ratio vs. Sector
The P/E ratio of Plaza Retail REIT is 18.94, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 208.98.
Price to Book Value per Share Ratio
Plaza Retail REIT has a P/B Ratio of 0.69. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Plaza Retail REIT Stock (TSE:PLZ.UN)

Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza's portfolio at December 31, 2018 includes interests in 287 properties totaling approximately 8.2 million square feet across Canada and additional lands held for development. Plaza's properties include a mix of strip plazas, stand-alone small box retail outlets and enclosed shopping centres, anchored by approximately 91% national tenants.

PLZ.UN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PLZ.UN Stock News Headlines

April 12, 2024 | finance.yahoo.com

Plaza Retail REIT Announces Date of First Quarter 2024 Financial Results Conference Call

March 19, 2024 | msn.com

Plaza Retail REIT declares CAD 0.0233 dividend

April 18, 2024 | Paradigm Press (Ad)

Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THIS

February 27, 2024 | seekingalpha.com

Plaza Retail REIT (PAZRF) Q4 2023 Earnings Call Transcript

February 22, 2024 | finance.yahoo.com

Plaza Retail REIT (PLZ-UN.TO)

January 30, 2024 | theglobeandmail.com

Homerun Resources Inc. Memorandum of Understanding with Minerals Development Oman

November 23, 2023 | msn.com

Plaza Retail REIT announces appointment of COO

November 16, 2023 | morningstar.com

Plaza Retail REIT PLZ.UN

April 18, 2024 | Paradigm Press (Ad)

Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THIS

November 3, 2023 | investing.com

Plaza Retail REIT (PLZ_u)

October 19, 2023 | ca.finance.yahoo.com

Plaza Retail REIT Announces October 2023 Distribution

September 28, 2023 | ca.finance.yahoo.com

Plaza Retail REIT (PAZRF)

August 2, 2023 | markets.businessinsider.com

Dream Industrl REIT (DIR.UN) Gets a Buy Rating from Canaccord Genuity

July 11, 2023 | finance.yahoo.com

PLAZA RETAIL REIT ANNOUNCES DATE OF SECOND QUARTER 2023 FINANCIAL RESULTS CONFERENCE CALL

May 13, 2023 | theglobeandmail.com

Closing Bell: Plaza Retail REIT flat on Friday (PLZ-UN)

May 4, 2023 | theglobeandmail.com

Closing Bell: Plaza Retail REIT down on Wednesday (PLZ-UN)

May 3, 2023 | ca.finance.yahoo.com

Plaza Retail REIT Announces First Quarter 2023 Results

April 18, 2023 | theglobeandmail.com

Closing Bell: Plaza Retail REIT down on Tuesday (PLZ-UN)

April 14, 2023 | theglobeandmail.com

Closing Bell: Plaza Retail REIT up on Friday (PLZ-UN)

April 14, 2023 | ca.finance.yahoo.com

PLAZA RETAIL REIT ANNOUNCES DATE OF FIRST QUARTER 2023 FINANCIAL RESULTS CONFERENCE CALL

April 13, 2023 | theglobeandmail.com

Closing Bell: Plaza Retail REIT up on Wednesday (PLZ-UN)

April 11, 2023 | theglobeandmail.com

Closing Bell: Plaza Retail REIT up on Tuesday (PLZ-UN)

April 10, 2023 | theglobeandmail.com

Closing Bell: Plaza Retail REIT up on Monday (PLZ-UN)

April 6, 2023 | theglobeandmail.com

Closing Bell: Plaza Retail REIT flat on Wednesday (PLZ-UN)

March 28, 2023 | ca.finance.yahoo.com

PLAZA COMPLETES BOUGHT DEAL PUBLIC OFFERING OF APPROXIMATELY $40 MILLION OF TRUST UNITS

March 28, 2023 | msn.com

Plaza Retail REIT closes on $40M bought deal offering of units

March 28, 2023 | thestreet.com

Amazon Is Killing Shopping Malls, but Surprisingly, REITs Are Still Shining

See More Headlines

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Company Calendar

Ex-Dividend for 2/15 Dividend: 1/30/2024
Dividend Payable: 2/15/2024
Ex-Dividend for 4/15 Dividend: 3/27/2024
Dividend Payable: 4/15/2024
Today: 4/18/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Real Estate
Industry: REIT - Retail
Sub-Industry: N/A
Current Symbol: TSE:PLZ.UN
CUSIP: N/A
CIK: N/A
Web: www.plaza.ca
Phone: 506-451-1826
Fax: N/A
Employees: 98
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$4.13
High Stock Price Target: C$4.25
Low Stock Price Target: C$4.00
Potential Upside/Downside: +21.0%
Consensus Rating: Hold
Rating Score (0-4): 2.25
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.18
Trailing P/E Ratio: 18.94
Forward P/E Ratio: 9.21
P/E Growth: N/A
Net Income: C$20.19 million
Net Margins: 17.20%
Pretax Margin: N/A
Return on Equity: 3.80%
Return on Assets: 3.22%

Debt

Debt-to-Equity Ratio: 123.28
Current Ratio: 0.17
Quick Ratio: 0.06

Sales & Book Value

Annual Sales: C$117.35 million
Price / Sales: 3.21
Cash Flow: C$0.06 per share
Price / Cash Flow: 59.73
Book Value: C$4.95 per share
Price / Book: 0.69

Miscellaneous

Outstanding Shares: 110,370,000
Free Float: N/A
Market Cap: C$376.36 million
Optionable: Not Optionable
Beta: 1.04

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Key Executives

Mr. Michael Aaron Zakuta (Age 59)
Pres, CEO & Trustee
Ms. Floriana Cipollone
Chief Financial Officer
Mr. James M. Petrie B.B.A.
LL.B., LL.M, Exec. VP & COO
Mr. Peter Mackenzie
Exec. VP & Chief Investment Officer
Ms. Kimberly A. Strange
Sec. & Corp. Counsel

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

PLZ.UN Stock Analysis - Frequently Asked Questions

Should I buy or sell Plaza Retail REIT stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Plaza Retail REIT in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" PLZ.UN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PLZ.UN, but not buy additional shares or sell existing shares.
View PLZ.UN analyst ratings or view top-rated stocks.
What is Plaza Retail REIT's stock price target for 2024?: 4 Wall Street analysts have issued 12-month price targets for Plaza Retail REIT's stock. Their PLZ.UN share price targets range from C$4.00 to C$4.25. On average, they anticipate the company's share price to reach C$4.13 in the next twelve months. This suggests a possible upside of 21.0% from the stock's current price.
View analysts price targets for PLZ.UN or view top-rated stocks among Wall Street analysts.
How have PLZ.UN shares performed in 2024?: Plaza Retail REIT's stock was trading at C$3.68 at the start of the year. Since then, PLZ.UN stock has decreased by 7.3% and is now trading at C$3.41.
View the best growth stocks for 2024 here.
How often does Plaza Retail REIT pay dividends? What is the dividend yield for Plaza Retail REIT?: Plaza Retail REIT announced a monthly dividend on Wednesday, March 27th. Stockholders of record on Monday, April 15th will be given a dividend of 0.0233 per share on Monday, April 15th. This represents a $0.28 annualized dividend and a yield of 8.20%. The ex-dividend date of this dividend is Wednesday, March 27th.
Read our dividend analysis for PLZ.UN.

Is Plaza Retail REIT a good dividend stock?: Plaza Retail REIT (TSE:PLZ.UN) pays an annual dividend of C$0.28 per share and currently has a dividend yield of 7.70%. PLZ.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 155.56%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for PLZ.UN.
How do I buy shares of Plaza Retail REIT?: Shares of PLZ.UN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:PLZ.UN) was last updated on 4/18/2024 by MarketBeat.com Staff

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Plaza Retail REIT (PLZ.UN) Stock Price, News & Analysis

Plaza Retail REIT MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Coverage This Week

Company Ownership

Earnings and Valuation

About Plaza Retail REIT Stock (TSE:PLZ.UN)

PLZ.UN Stock Price History

PLZ.UN Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

PLZ.UN Stock Analysis - Frequently Asked Questions

Overall MarketRank^™