Nexus is a growth oriented real estate investment trust focused on increasing unitholder value through the acquisition, ownership and management of industrial, office and retail properties located in primary and secondary markets in North America. The REIT currently owns a portfolio of 73 properties comprising approximately 4.1 million square feet of rentable area. The REIT has approximately 109,910,000 units issued and outstanding. Additionally, there are Class B LP Units of subsidiary limited partnerships of Nexus REIT issued and outstanding, which are convertible into approximately 25,667,000 REIT Units.
Research context
Nexus Real Estate Investment Trust appears in PyInvesting’s TSX Venture Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- CAD
- Sector
- Real Estate
- Industry
- REIT - Diversified
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
Review backtest assumptions and evidence before treating a chart or stored history as a research result.
5 years, 6 months ago
Nexus Real Estate Investment Trust is currently in a long term uptrend where the price is trading 15.2% above its 200 day moving average.
From a valuation standpoint, the stock is 93.5% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 3.7.
Nexus Real Estate Investment Trust's total revenue sank by 0.6% to $16M since the same quarter in the previous year.
Its net income has dropped by 64.0% to $10M since the same quarter in the previous year.
Finally, its free cash flow grew by 81.3% to $8M since the same quarter in the previous year.
Based on the above factors, Nexus Real Estate Investment Trust gets an overall score of 3/5.