Primaris Retail Re Stock Today

PMZ-UN Stock   15.89  0.10  0.63%   

Performance

10 of 100

 
Weak
 
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OK

Odds Of Distress

Less than 32

 
High
 
Low
Below Average
Primaris Retail is trading at 15.89 as of the 25th of November 2024, a 0.63 percent down since the beginning of the trading day. The stock's open price was 15.99. Primaris Retail has about a 32 percent probability of financial distress in the next few years of operation but had a somewhat ok performance during the last 90 days. Equity ratings for Primaris Retail RE are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of June 2023 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Equity Real Estate Investment Trusts (REITs)
Category
Real Estate
Primaris Retail Real Estate Investment Trust engages in the ownership, management, lease, and development of retail properties primarily in Canada. The company has 100.25 M outstanding shares of which 253.86 K shares are at this time shorted by private and institutional investors with about 1.52 days to cover all short positions. More on Primaris Retail RE

Primaris 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. Primaris Retail's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Primaris Retail or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO TrusteeAlexander CFA
Thematic Ideas
(View all Themes)
Business ConcentrationRetail REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, Marketing, Stores, Real Estate, Retail REITs, REIT-Retail, Real Estate (View all Sectors)
Primaris Retail's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Primaris 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
Primaris 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 Primaris Retail's financial leverage. It provides some insight into what part of Primaris Retail's total assets is financed by creditors.
Liquidity
Primaris 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. Primaris Retail RE has accumulated 1.48 B in total debt with debt to equity ratio (D/E) of 0.75, which is about average as compared to similar companies. Primaris Retail RE has a current ratio of 0.25, 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 Primaris Retail until it has trouble settling it off, either with new capital or with free cash flow. So, Primaris 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 Primaris Retail RE sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Primaris to invest in growth at high rates of return. When we think about Primaris Retail's use of debt, we should always consider it together with cash and equity.

Change In Cash

35.04 Million
Primaris Retail RE (PMZ-UN) is traded on Toronto Exchange in Canada and employs 14 people. Primaris Retail is listed under Retail REITs category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.59 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Primaris Retail's market, we take the total number of its shares issued and multiply it by Primaris 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. Primaris Retail RE operates under Retail REITs sector and is part of Real Estate industry. The entity has 100.25 M outstanding shares of which 253.86 K shares are at this time shorted by private and institutional investors with about 1.52 days to cover all short positions. Primaris Retail RE has accumulated about 45.62 M in cash with 166.37 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.45.
Check Primaris Retail Probability Of Bankruptcy
Ownership Allocation
Primaris Retail owns a total of 100.25 Million outstanding shares. Over half of Primaris Retail's outstanding shares are owned by third-party entities. These third-party entities are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Primaris Retail. Please watch out for any change in the institutional holdings of Primaris Retail RE as this could mean something significant has changed or is about to change at the company. 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 Primaris Ownership Details

Primaris Retail RE Risk Profiles

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

Primaris Stock Against Markets

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Primaris Retail Corporate Management

Elected by the shareholders, the Primaris Retail's board of directors comprises two types of representatives: Primaris Retail inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Primaris. The board's role is to monitor Primaris Retail's management team and ensure that shareholders' interests are well served. Primaris 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, Primaris Retail's outside directors are responsible for providing unbiased perspectives on the board's policies.

Other Information on Investing in Primaris Stock

Primaris Retail financial ratios help investors to determine whether Primaris 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 Primaris with respect to the benefits of owning Primaris Retail security.