Explore 3 Stock Ideas & Industry Insights Download Free Report

888-969-2592
Shopping Cart 0
countryflagCA
Login

Home CompaniesPlaza Retail REIT

Plaza Retail REIT

Real Estate REIT - Retail
PortfolioPortfolio WatchlistWatchlist
Company price
5.27 CAD -0.03 ( 0.57%)
Last update at 2026-11-04T20:39:00Z
VOLUME
41624
Market Cap
419.35M
P/E
10.44

Momentum Score

…

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 June 30, 2023 includes interests in 234 properties totaling approximately 8.8 million square feet across Canada and additional lands held for development. Plaza's portfolio largely consists of open-air centres and stand-alone small box retail outlets and is predominantly occupied by national tenants.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
5.27
Low
5.34
High
52 Week Price Range
3.35
Low
4.62
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Plaza Retail REIT is a Toronto Stock Exchange–listed real estate investment trust that owns and operates retail properties, primarily grocery-anchored neighbourhood and community shopping centres in Canada. Long-term growth drivers include stable rental income from essential-service tenants, portfolio repositioning or redevelopment, and potential rent escalations tied to inflation, which may benefit investors seeking income exposure to retail real estate.

Key risks include retail-sector cyclicality, tenant concentration and vacancy risk, rising interest rates and leverage that could pressure distributions, and structural threats from e-commerce and changing consumer behaviour.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
5.30
Dividend Yield
7.53%
Revenue TTM
115.08M
Revenue Per Share
1.07
Gross Profit TTM
74.27M
Debt / Equity
1.36
ROE
7.11%
Net Debt
700.88M
ROCE
5.10%
Diluted EPS TTM
0.36

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 54.40M 101.26M -13.92M 51.89M 12.04M
Minority interest -0.33M -0.87M 4.50M 4.31M 4.52M
Net income 53.89M 99.61M -14.94M 51.41M 12.06M
Selling general administrative 7.87M 7.05M 8.78M 9.90M 9.39M
Gross profit 70.58M 71.78M 68.75M 72.73M 63.92M
Ebit 55.07M 127.51M 14.04M 80.39M 53.05M
Ebitda 73.73M 70.51M 64.48M 66.77M 39.57M
Depreciation and amortization 18.66M -57.00M 50.44M -13.63M -
Operating income 55.07M 127.51M 14.04M 80.39M 54.54M
Other operating expenses 48.54M 45.91M 46.92M 49.64M 49.48M
Interest expense 27.30M 26.75M 27.94M 28.43M 27.68M
Tax provision 0.17M 0.77M 1.01M 0.55M -0.17M
Net interest income -23.15M -31.44M -29.06M -29.52M -29.03M
Income tax expense 0.17M 0.77M 1.01M 0.55M -0.17M
Total revenue 111.25M 110.63M 106.90M 112.46M 104.02M
Total operating expenses 7.87M 7.05M 8.78M 9.90M 9.39M
Cost of revenue 40.66M 38.85M 38.15M 39.73M 40.09M
Total other income expense net -0.67M -26.25M -27.96M -28.50M -16.95M
Net income from continuing ops 54.22M 100.49M -14.94M 51.34M 12.21M
Net income applicable to common shares 53.89M 99.61M -14.91M 51.41M 12.06M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 1269.01M 1214.83M 1139.13M 1161.97M 1061.07M
Other current assets 3.43M 3.78M 3.49M 5.38M 3.39M
Total liab 747.71M 716.94M 712.23M 690.52M 609.36M
Total stockholder equity 518.90M 493.52M 422.41M 467.14M 447.18M
Other current liab 7.23M 7.46M 15.60M 12.97M 5.23M
Common stock 275.51M 275.49M 275.45M 276.41M 278.06M
Capital stock 275.51M 275.49M 275.45M 276.41M 278.06M
Retained earnings 243.39M 218.03M 146.95M 190.74M 169.12M
Other liab 8.76M 8.79M 8.12M 7.25M 7.08M
Other assets 0.52M 0.61M 0.74M 0.89M 1.07M
Cash 7.26M 8.06M 8.27M 8.85M 7.30M
Total current liabilities 189.62M 144.02M 170.38M 137.34M 129.07M
Current deferred revenue 4.56M 4.26M 3.87M 4.12M 3.22M
Net debt 700.88M 671.18M 672.85M 647.34M 572.68M
Short term debt 164.15M 120.72M 151.70M 115.70M 111.39M
Short long term debt 163.35M 119.94M 150.94M 115.01M 111.39M
Short long term debt total 708.14M 679.24M 681.13M 656.18M 579.98M
Property plant equipment 1169.08M 1141.30M 1061.14M 1086.68M 988.64M
Total current assets 45.11M 24.24M 30.32M 25.27M 26.74M
Long term investments 51.18M 48.68M 46.94M 49.12M 44.61M
Net tangible assets 518.90M 493.52M 422.41M 467.14M 447.18M
Net receivables 15.16M 12.40M 15.42M 10.43M 16.05M
Long term debt 479.58M 493.31M 463.44M 481.26M 468.60M
Inventory 19.26M - 3.13M 0.61M -
Accounts payable 13.69M 11.58M 7.01M 11.04M 8.18M
Non currrent assets other 1172.44M 1141.61M 1061.54M 1087.21M 989.25M
Non current assets total 1223.90M 1190.60M 1108.81M 1136.70M 1034.33M
Capital lease obligations 65.21M 65.99M 66.75M 59.91M -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -44.90M -0.32M -3.48M -8.91M -5.16M
Change to liabilities -0.42M 4.92M -2.53M 4.11M 1.60M
Total cashflows from investing activities -44.90M -21.95M -27.77M -23.20M -43.08M
Net borrowings 30.52M 2.71M 7.62M 29.65M 28.89M
Total cash from financing activities 1.15M -26.33M -20.64M 0.36M 4.44M
Change to operating activities -1.80M -3.15M 1.42M -1.08M -0.59M
Net income 54.22M 100.49M -14.94M 51.34M 12.06M
Change in cash -5.29M -0.07M -16.68M 19.81M -5.02M
Begin period cash flow -25.25M -25.18M -8.49M -28.31M -23.29M
End period cash flow -30.54M -25.25M -25.18M -8.49M -28.31M
Total cash from operating activities 38.47M 48.21M 31.72M 42.65M 33.62M
Other cashflows from investing activities -2.73M -0.59M 1.27M 10.62M -2.01M
Dividends paid 28.50M 28.83M 28.85M 29.02M 24.06M
Change to account receivables 0.56M 3.24M -3.46M -0.89M 1.19M
Sale purchase of stock -0.08M -0.12M -1.46M -3.03M -
Other cashflows from financing activities 116.17M 107.25M 78.93M 142.82M 113.56M
Change to netincome -14.41M -57.01M 50.52M -11.66M 18.50M
Capital expenditures 0.00M 0.00M 0.00M 0.00M 0.00M
Change in working capital -1.66M 5.01M -4.57M 2.15M 2.20M
Other non cash items -14.27M -58.06M 50.22M -11.38M 19.53M
Free cash flow 38.47M 48.21M 31.72M 42.65M 33.62M

Peer Comparison*

Sector: Real Estate Industry: REIT - Retail

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
PLZ-UN
Plaza Retail REIT		 -0.03
0.57%		 5.27 10.44 9.78 3.64 0.74 9.41 16.12
CHP-UN
Choice Properties Real Estate Investment Trust		 0.29
1.97%		 15.24 15.24 13.72 7.35 0.95 8.73 9.26
REI-UN
RioCan Real Estate Investment Trust		 0.40
1.89%		 21.61 37.32 10.32 4.73 0.73 11.02 36.83
SRU-UN
SmartCentres Real Estate Investment Trust		 0.39
1.43%		 27.67 8.62 12.05 4.47 0.79 11.07 12.00
CRT-UN
CT Real Estate Investment Trust		 0.39
2.21%		 18.00 14.82 10.80 6.24 2.00 8.99 13.02

Profile*

Plaza Retail REIT

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 June 30, 2023 includes interests in 234 properties totaling approximately 8.8 million square feet across Canada and additional lands held for development. Plaza's portfolio largely consists of open-air centres and stand-alone small box retail outlets and is predominantly occupied by national tenants.

98 Main Street, Fredericton, NB, Canada, E3A 9N6

506-451-1826

https://www.plaza.ca

Name Title Year Born
Mr. Michael Aaron Zakuta Pres, CEO & Trustee 1960
Mr. Jim Drake CPA, CGA Chief Financial Officer NA
Mr. Peter Mackenzie Exec. VP & Chief Investment Officer NA
Ms. Kimberly A. Strange B.A., LL.B. Gen. Counsel & Sec. NA
Mr. Stephen Penney Exec. VP NA
Ms. Patricia Elias Vice-Pres of Financial Reporting & Accounting NA
Mr. Myles Martin Sr. VP NA
Patricia Borrelli Sr. Vice-Pres of Legal NA
Kim Sharpe Director of Bus. Devel. NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

Kalkine

3 Mining Stock
Ideas Report

Download a free report with stock ideas and industry insights for general information.

Download Free Report Now → sector image

Top Stocks by Market Cap*

PRL
CAD 30.50
+15.05%
DSV
CAD 11.02
+14.55%
USA
CAD 4.29
+13.19%
NUAG
CAD 7.70
+12.90%
GMIN
CAD 43.79
+12.86%
DRUG
CAD 26.11
-29.58%
HUT
CAD 68.98
-22.41%
UCU
CAD 2.09
-14.34%
VET
CAD 14.87
-14.29%
PHX
CAD 10.96
-13.56%

Equity Sectors*

  • Basic Materials

    +5.46%

  • Communication Services

    +3.38%

  • Consumer Cyclical

    +3.11%

  • Consumer Defensive

    +1.35%

  • Energy

    -4.79%

  • Financial Services

    +2.66%

  • Healthcare

    -0.72%

  • Industrials

    -0.11%

  • Real Estate

    +1.84%

  • Technology

    +1.05%

  • Utilities

    +0.39%

Note: Daily price change (%) by sector excluding stocks with +/-90% daily price change. Companies above $500 million market capitalization are considered.

Support

Hi! How can we help you today?

Loading…