RioCan Real Estate Investment Trust (TSE:REI.UN) Hits New 52-Week High – Here’s What Happened

Posted by on Jun 11th, 2026

RioCan Real Estate Investment Trust (TSE:REI.UN – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$22.95 and last traded at C$22.59, with a volume of 399435 shares. The stock had previously closed at C$22.77.

Wall Street Analyst Weigh In

Several brokerages have issued reports on REI.UN. National Bank Financial lifted their target price on shares of RioCan Real Estate Investment Trust from C$24.00 to C$24.25 and gave the stock an “outperform” rating in a report on Wednesday, May 6th. Desjardins lifted their target price on shares of RioCan Real Estate Investment Trust from C$22.00 to C$24.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Royal Bank Of Canada lifted their target price on shares of RioCan Real Estate Investment Trust from C$22.00 to C$24.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. TD boosted their price objective on shares of RioCan Real Estate Investment Trust from C$23.00 to C$24.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Finally, Raymond James Financial boosted their price objective on shares of RioCan Real Estate Investment Trust from C$23.25 to C$23.75 and gave the company an “outperform” rating in a report on Wednesday, May 6th. Six research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, RioCan Real Estate Investment Trust presently has a consensus rating of “Moderate Buy” and a consensus price target of C$23.68.

Get Our Latest Report on REI.UN

RioCan Real Estate Investment Trust Stock Down 0.8%

The company’s 50 day moving average price is C$21.27 and its two-hundred day moving average price is C$19.92. The firm has a market cap of C$6.58 billion, a PE ratio of 27.22 and a beta of 0.94. The company has a current ratio of 0.30, a quick ratio of 0.08 and a debt-to-equity ratio of 95.37.

RioCan Real Estate Investment Trust (TSE:REI.UN – Get Free Report) last issued its quarterly earnings results on Monday, May 4th. The real estate investment trust reported C$0.32 earnings per share for the quarter. The business had revenue of C$322.31 million for the quarter. RioCan Real Estate Investment Trust had a net margin of 4.86% and a return on equity of 0.78%.

RioCan Real Estate Investment Trust Company Profile

(Get Free Report)

Riocan Real Estate Investment Trust is a Canadian real estate investment trust which owns, develops, and operates Canada’s portfolio of retail-focused, increasingly mixed-use properties. The REIT’s property portfolio includes shopping centers and mixed-use developments, with most of its properties located in Ontario, Canada. Riocan’s tenants consist of grocery stores, supermarkets, restaurants, cinemas, pharmacies, and corporates. By geography, the company operates in Canada, which generates the majority of total revenue, and in the United States.

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