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Summit Industrial Income Reit (TSX:SMU.UN)
Stock Analysis

SMU-UN.TO22.66
▲ 0.62%0.14

Stock Analysis

The following stock analysis is based on 3.5 years of data (i.e. since Jun 03, 2019). All the stock history has been downloaded.

Stock Exchange

Summit Industrial Income Reit trades on the Toronto exchange in CAD dollars.

Sector

It is in the sector.

Current Status of Summit Industrial Income Reit

It is currently trading at $22.66 ($22.52 the previous day).It pays a 2.54% dividend.

Financials

The current Canada / US exchange rate is 1.35979.



Will This Trend Continue?

The year over year average increase is 17.5% per year assuming steady exponential growth. The actual 5 year average is 17.47. Details on the individual increase in one year intervals is provided below.

Past PerformanceAverage PricePercent Change
1 year19.81411392405116.3- Below Average
2 year17.0346703296745.4+ Above Average
3 year11.713563218391-9.3- Below Average
4 year12.9098019801980- Below Average
5 year0- Below Average

Risk

The worst drop it has had in recent years is -49.2%. It has a shape to the stock curve, which means

Stock shape test

DAYS AG0PRICE
1022.4RISING
3017.35RISING
6017.71DROPPING
15017.2RISING
36523.19DROPPING
80012.37RISING
120012.95DROPPING
1600RISING
2000RISING


With an average increase of 17.5% year over year, if Summit Industrial Income Reit is bought at the worst time, Stockmarketizer analysts estimate it will take 33.7 months before the stock will recover to the original purchase price. The P/E value is 8.58.

Tradingview BuySell Widget

Yahoo News Feed

ISS and Glass Lewis Recommend Summit Industrial Income REIT Unitholders Vote FOR the Proposed Transaction with GIC and Dream Industrial Real Estate Investment Trust and Summit Industrial Income REIT Announces Receipt of Competition Act Approval

Wed, 07 Dec 2022 22:07:00 Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that two leading independent proxy advisory firms, Institutional Shareholder Services Inc. ("ISS") and Glass Lewis and Co., LLC ("Glass Lewis") have each recommended that unitholders of the ...... Read Full Article

Update on special meeting of unitholders to approve the proposed acquisition of Summit Industrial Income REIT by GIC and Dream Industrial Real Estate Investment Trust in C$5.9 billion transaction

Tue, 22 Nov 2022 21:30:00 Summit Industrial Income REIT ("Summit") (TSX: SMU.UN) today announced that it has mailed the management information circular (the "Circular") and related materials for the special meeting (the "Meeting") of its unitholders (the "Unitholders") to approve the previously announced plan ...... Read Full Article

Summit Industrial Income REIT Reports Third Quarter 2022 Financial Results

Wed, 09 Nov 2022 22:18:00 Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today continued growth and strong operating performance for the three and nine months ended September 30, 2022.... Read Full Article

SUMMIT INDUSTRIAL INCOME REIT ENTERS INTO AGREEMENT TO BE ACQUIRED BY GIC IN PARTNERSHIP WITH DREAM INDUSTRIAL REIT IN C$5.9 BILLION TRANSACTION

Mon, 07 Nov 2022 06:11:00 Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN), GIC and Dream Industrial REIT ("DIR") (TSX: DIR.UN) today announced that they have entered into an agreement (the "Arrangement Agreement") under which a joint venture (the "Joint Venture") ...... Read Full Article

Summit Industrial Income REIT Announces October 2022 Cash Distribution

Fri, 14 Oct 2022 21:18:00 Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.0484 per Unit cash distribution to be paid on November 15, 2022, to Unitholders of record on October 31, 2022.... Read Full Article

Summit Industrial Income REIT Announces Timing of Third Quarter 2022 Results and Conference Call

Mon, 03 Oct 2022 21:16:00 Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it will be issuing its results for the three and nine months ended September 30, 2022 on the afternoon of Wednesday, November 9, 2022. A conference call hosted by Summit's ...... Read Full Article

Summit Industrial Income REIT Continues to Expand Development Program in Strong Kitchener, Ontario Market

Mon, 03 Oct 2022 21:02:00 Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it and its joint venture development partner have waived conditions and will acquire a 26.5-acre development site located in the Grand River West Business Park in ...... Read Full Article

Summit Industrial Income REIT Announces September 2022 Cash Distribution

Thu, 15 Sep 2022 21:36:00 Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.0484 per Unit cash distribution to be paid on October 14, 2022, to Unitholders of record on September 30, 2022.... Read Full Article

Summit Industrial Income REIT Upgraded by DBRS to BBB with a Positive Trend

Wed, 14 Sep 2022 18:47:00 Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that DBRS Morningstar ("DBRS") has upgraded its Issuer Rating and Senior Unsecured Debentures rating to BBB from BBB (low) and maintained the Positive trends.... Read Full Article

Summit Industrial Income REIT Announces August 2022 Cash Distribution

Mon, 15 Aug 2022 21:18:00 Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.0484 per Unit cash distribution to be paid on September 15, 2022, to Unitholders of record on August 31, 2022.... Read Full Article

Summit Industrial Income REIT Announces Appointment of New Trustees

Thu, 11 Aug 2022 20:00:00 Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) is pleased to announce the appointment of Mr. Scott Frederiksen and Mr. Glenn Hynes to its Board of Trustees effective August 15, 2022.... Read Full Article

Summit Industrial Income REIT Reports Q2 2022 Financial Results

Tue, 09 Aug 2022 21:05:00 Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today continued growth and strong operating performance for the three and six months ended June 30, 2022.... Read Full Article

Summit Industrial Income REIT Announces July 2022 Cash Distribution

Fri, 15 Jul 2022 21:38:00 Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.0484 per Unit cash distribution to be paid on August 15, 2022, to Unitholders of record on July 29, 2022.... Read Full Article

Summit Industrial Income REIT Announces Timing of Second Quarter 2022 Results and Conference Call

Tue, 05 Jul 2022 21:18:00 Summit Industrial Income REIT ("Summit II" or the "REIT") (TSX: SMU.UN) announced today that it will be issuing its results for the three and six months ended June 30, 2022, on the afternoon of Tuesday, August 9, 2022. A conference call hosted by ...... Read Full Article

Summit Industrial Income REIT Acquires Brand New Industrial Property in Guelph, Ontario

Mon, 04 Jul 2022 21:32:00 Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it has completed the acquisition of the remaining 50% ownership interest in a recently constructed light industrial property in the Hanlon Creek Business Park in Guelph, Ontario ...... Read Full Article

Summit Industrial Income REIT Announces Suspension of Distribution Reinvestment Plan

Fri, 24 Jun 2022 21:30:00 Summit Industrial Income REIT ("Summit") (TSX: SMU.UN) announced today the suspension of its distribution reinvestment plan (the "DRIP"). Commencing with the July monthly distribution, and for all future distributions until further notice, unitholders who elected to participate in the ...... Read Full Article

Summit Industrial Income REIT Announces June 2022 Cash Distribution

Wed, 15 Jun 2022 21:34:00 Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.0484 per Unit cash distribution to be paid on July 15, 2022, to Unitholders of record on June 30, 2022.... Read Full Article

Summit Industrial Income REIT to Acquire Class A GTA Property Portfolio

Wed, 15 Jun 2022 13:49:00 Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it has waived conditions and will acquire a 174,790 square foot Class A property portfolio, well-located in the GTA sub-market of Mississauga, Ontario. Summit will pay $59.3 million ...... Read Full Article

Summit Industrial Income REIT Announces May 2022 Cash Distribution

Fri, 13 May 2022 21:13:00 Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.0484 per Unit cash distribution to be paid on June 15, 2022, to Unitholders of record on May 31, 2022.... Read Full Article

Summit Industrial Income REIT Announces Results of Voting at Annual Unitholders' Meeting and Board of Trustee Changes

Wed, 11 May 2022 23:28:00 Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) today announced the results of the votes held at its May 11, 2022 annual unitholders' meeting (the "Meeting").... Read Full Article
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