RioCan Real Estate Investment Trust (RIOCF) Stock Forecast & Predictions

RioCan Real Estate Investment Trust RIOCF: $18.15

RioCan Yonge Eglinton Centre, Toronto, ON, CA. | Sector: Finance | Exchange: US OTC | Web: http://www.riocan.com

  • Market Cap$5.70B
  • Change (52 Weeks)30.95%
  • Low (52 Weeks)$13.18
  • RioCan Real Estate Investment Trust (RIOCF) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for RioCan Real Estate Investment Trust (RIOCF) is based on 13 Institutional Analyst Ratings where 53.85% are on Strong Buy, 15.38% on Moderate Buy, 30.77% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 13 Institutional Analysts, majority recommended RIOCF stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of RioCan Real Estate Investment Trust.

    RioCan Real Estate Investment Trust (RIOCF) Stock Price Prediction By Analysts


    HighLowAverage
    $21.81$19.37$20.42
    $20.4212.5% Upside
    Updated: 2022-01-13 00:00:00

    The Average Price target for RIOCF set by the institutional analysts is $20.42 where High Estimate is $21.81, Median $20.373193166885677 and Low $19.37.

    The average price target for RIOCF by Institutional Analysts is $20.42, which is 12.5% Upside from the current price. So according to the Institutional Analysts, RIOCF Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    RioCan Real Estate Investment Trust (RIOCF) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 548,915 investor portfolio.

    Our algorithm has analysed 548,915 investor portfolio with RIOCF stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about RIOCF and holding their positions hoping for a further rise in the stock price and more profit.

    RioCan Real Estate Investment Trust (RIOCF) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    CanaccordFinancialBuyUpgraded
    BMONesbittOutperformUpgraded
    TDNewcrestBuyUpgraded
    ScotiaBankFinancialOutperformUpgraded
    SbankSector PerformMaintained
    SbankSector PerformInitiated
    RBC CapitalSector PerformUpgraded
    Canaccord GenuityUpgraded
    BMO Capital MarketsOutperformUpgraded
    TD SecuritiesBuyUpgraded
    RBC CapitalSector PerformUpgraded
    National Bank FinancialOutperformUpgraded
    TD SecuritiesBuyUpgraded
    RBC CapitalSector PerformMaintained
    National Bank FinancialOutperformUpgraded
    CIBC World MarketsUpgraded
    BMO Capital MarketsMarket PerformUpgraded
    National Bank FinancialOutperformUpgraded
    BMO Capital Markets18.5Initiated
    Canaccord GenuityUpgraded
    BMO Capital MarketsUpgraded
    BMO Capital MarketsDowngraded
    TD SecuritiesBuyDowngraded
    Canaccord GenuityDowngraded
    RBC CapitalSector PerformDowngraded
    Raymond James FinancialMarket PerformInitiated
    National Bank FinancialOutperformDowngraded
    TD SecuritiesBuyDowngraded
    CIBC World MarketsDowngraded
    Canaccord GenuityDowngraded
    BMO Capital MarketsMarket PerformDowngraded
    National Bank FinancialOutperformDowngraded
    RBC CapitalSector PerformDowngraded
    Canaccord GenuityDowngraded
    Raymond James FinancialOutperformDowngraded
    RBC CapitalSector PerformUpgraded
    Raymond James FinancialOutperformInitiated
    Canaccord GenuityUpgraded
    RBC CapitalSector PerformUpgraded
    Raymond James FinancialMarket PerformInitiated
    CIBC World MarketsUpgraded
    BMO Capital MarketsUpgraded
    National Bank FinancialOutperformInitiated
    Canaccord GenuityUpgraded
    TD SecuritiesBuyUpgraded
    CIBC World MarketsUpgraded
    Raymond James FinancialMarket PerformDowngraded
    Raymond James FinancialOutperformInitiated
    Raymond James FinancialOutperformInitiated
    TD SecuritiesBuyUpgraded
    Raymond James FinancialOutperformUpgraded
    RBC CapitalSector PerformUpgraded
    CIBC World MarketsUpgraded
    BMO Capital MarketsOutperformInitiated
    Raymond James FinancialOutperformDowngraded
    National Bank FinancialOutperformDowngraded
    National Bank FinancialOutperformInitiated
    Riocan Reit Pref Series COutperformUpgraded
    SbankSector PerformDowngraded
    RBC CapitalOutperformMaintained
    TD SecuritiesBuyMaintained
    CIBC World MarketsMaintained
    BMO Capital MarketsOutperformMaintained
    CIBC World MarketsMaintained
    RBC CapitalOutperformMaintained
    Raymond James FinancialOutperformMaintained
    Canaccord GenuityBuyMaintained
    BMO Capital MarketsMaintained
    RBC CapitalOutperformMaintained
    TD SecuritiesBuyMaintained
    Canaccord GenuityHoldMaintained
    CIBC World MarketsMaintained
    Canaccord GenuityHoldMaintained
    BMO Capital MarketsOutperformMaintained
    Raymond James FinancialAt Market PerformDowngraded
    Canaccord GenuityHoldMaintained
    SbankSector PerformMaintained
    BMO Capital MarketsAt Market PerformMaintained
    Canaccord GenuityHoldMaintained
    SbankMaintained
    RBC CapitalOutperformUpgraded
    Canaccord GenuityMaintained
    TD SecuritiesBuyMaintained
    Canaccord GenuityHoldMaintained
    BMO Capital MarketsAt Market PerformMaintained
    SbankMaintained

    RioCan Real Estate Investment Trust (RIOCF) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.119
    The average consensus EPS for RIOCF is $0.119 with a high estimate of $0.178 and Low of $0.064 for the period 2010-12-31 and based on 3 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $$2012-06-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$2012-12-31
    $$2012-06-30
    $$2011-12-31
    $$2011-09-30
    $$2011-06-30
    $$2011-03-31
    $0.12$0.11872010-12-31
    $$2010-09-30
    $0.2$0.12632010-06-30
    $0.15$0.08082010-03-31
    $0.11$0.13892009-12-31
    $0.12$0.10912009-09-30
    $0.12$0.15152009-06-30
    $0.14$2009-03-31
    $0.13$0.25252008-12-31
    $0.19$0.21212008-09-30
    $0.21$0.18182008-06-30
    $0.14$0.16162008-03-31
    $0.32$0.21212007-12-31
    $0.17$2007-09-30
    $-0.51$2007-06-30
    $0.18$2007-03-31
    $0.22$2006-12-31
    $0.21$2006-09-30
    $0.2$2006-06-30
    $0.2$0.16162006-03-31
    $0.19$2005-12-31
    $0.22$2005-09-30
    $0.17$2005-06-30
    $0.11$2005-03-31
    $0.2$2004-12-31
    $0.21$2004-09-30
    $0.24$2004-06-30
    $0.21$2004-03-31
    $0.27$2003-12-31
    $0.27$2003-09-30
    $0.28$2003-06-30
    $0.27$2003-03-31
    $0.25$2002-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).