Plaza Retail Reit Stock Today

PLZ-UN Stock  CAD 3.74  0.01  0.27%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 41

 
High
 
Low
Below Average
Plaza Retail is trading at 3.74 as of the 22nd of November 2024, a 0.27 percent down since the beginning of the trading day. The stock's open price was 3.75. Plaza Retail has about a 41 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Plaza Retail REIT are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of May 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Equity Real Estate Investment Trusts (REITs)
Category
Real Estate
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. Plazas portfolio largely consists of open-air centres and stand-alone small box retail outlets and is predominantly occupied by national tenants. The company has 110.39 M outstanding shares of which 1.13 M shares are at this time shorted by private and institutional investors with about 34.0 days to cover all short positions. More on Plaza Retail REIT

Plaza Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Plaza Retail's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Plaza Retail or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentMichael Zakuta
Thematic Ideas
(View all Themes)
Business ConcentrationRetail REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, Stores, Marketing, Real Estate, Retail REITs, REIT—Retail, Real Estate (View all Sectors)
Plaza Retail's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Plaza Retail's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Plaza Retail can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Plaza Retail's financial leverage. It provides some insight into what part of Plaza Retail's total assets is financed by creditors.
Liquidity
Plaza Retail cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Plaza Retail REIT has accumulated 672.47 M in total debt with debt to equity ratio (D/E) of 1.61, which is about average as compared to similar companies. Plaza Retail REIT has a current ratio of 0.21, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Plaza Retail until it has trouble settling it off, either with new capital or with free cash flow. So, Plaza Retail's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Plaza Retail REIT sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Plaza to invest in growth at high rates of return. When we think about Plaza Retail's use of debt, we should always consider it together with cash and equity.

Change In Cash

(7.54 Million)
Plaza Retail REIT (PLZ-UN) is traded on Toronto Exchange in Canada and employs 11 people. Plaza Retail is listed under Retail REITs category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 418.28 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Plaza Retail's market, we take the total number of its shares issued and multiply it by Plaza Retail's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Plaza Retail REIT operates under Retail REITs sector and is part of Real Estate industry. The entity has 110.39 M outstanding shares of which 1.13 M shares are at this time shorted by private and institutional investors with about 34.0 days to cover all short positions. Plaza Retail REIT has accumulated about 7.46 M in cash with 42.29 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07.
Check Plaza Retail Probability Of Bankruptcy
Ownership Allocation
Plaza Retail owns a total of 110.39 Million outstanding shares. Plaza Retail has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Plaza Ownership Details

Plaza Retail REIT Risk Profiles

Although Plaza Retail's alpha and beta are two of the key measurements used to evaluate Plaza Retail's performance over the market, the standard measures of volatility play an important role as well.

Plaza Stock Against Markets

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Plaza Retail Corporate Management

Elected by the shareholders, the Plaza Retail's board of directors comprises two types of representatives: Plaza Retail inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Plaza. The board's role is to monitor Plaza Retail's management team and ensure that shareholders' interests are well served. Plaza Retail's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Plaza Retail's outside directors are responsible for providing unbiased perspectives on the board's policies.
LLB BAGeneral SecretaryProfile
Bill BilkasChief OfficerProfile
Patricia BorrelliVicePres LegalProfile
Kim SharpeDirector DevelProfile

Other Information on Investing in Plaza Stock

Plaza Retail financial ratios help investors to determine whether Plaza Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Plaza with respect to the benefits of owning Plaza Retail security.