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True North Commercial Real Estate Investment Trust(OTC) TUERF

Market Cap$88.34MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2019)+207%
5 Year-75%
1 Year-1%
1 Month+6%
$6.24
+0.00%
+0.00Today
True North Commercial Real Estate Investment Trust last closing stock price
MetricPriceDate
Last closeUSD 6.242026-07-31
True North Commercial Real Estate Investment Trust stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+0%USD 6.242026-07-24
1 month+5.84%USD 5.892026-06-30
3 month+3.84%USD 6.012026-04-17
Year to date+1.74%USD 6.132025-12-31
1 year-1.42%USD 6.332025-07-31
3 year-36.85%USD 9.882023-07-31
5 year-75.07%USD 25.032021-07-29
Since inception+207.33%USD 2.032019-04-17

True North Commercial Real Estate Investment Trust Financials at a Glance

Market Cap

$88.34MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

CA$128.91M

Net Income (TTM)

-CA$32.58M

EPS (TTM)

-$1.63

P/E Ratio

-3.85

Dividend

$0.54

Beta (Volatility)

0.16 (Low)

Price

$6.24

Volume

51

Open

$6.24

Previous Close

$6.24

Daily Range

$6.24 - $6.24

52-Week Range

$5.97 - $6.89

Estimated Earnings Date

Aug 11, 2026

TUERF News

No articles available.

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About True North Commercial Real Estate Investment Trust

True North Commercial REIT is a real estate investment trust focused on acquiring and managing commercial office properties. Established in 2012 and headquartered in Toronto, Canada, the company aims to enhance value through strategic acquisitions and effective management.

Products and Services
  • Acquisition of commercial office properties
  • Property management services
  • Investment in capital appreciation and cash flow security
Growth Outlook
  • Recent quarterly revenue reached CAD 29.9 million, indicating strong operational performance
  • Trailing twelve months (TTM) revenue of CAD 119.5 million shows consistent growth
  • Dividend yield of 7.93% reflects attractive returns for investors
Financial Highlights
  • Net income for the latest quarter was CAD 538,387, a positive shift from previous losses
  • Operating income margin improved to 40.48%, showcasing operational efficiency
  • Total assets increased to CAD 1.17 billion, indicating robust asset growth
True North Commercial REIT operates in a competitive market, focusing on the acquisition and management of office properties. The company has demonstrated resilience and growth potential, as evidenced by its recent financial performance. The increase in revenue and net income highlights effective management strategies and operational improvements. With a strong dividend yield, True North Commercial REIT presents an appealing option for investors seeking exposure to the commercial real estate sector. The company's commitment to enhancing value through strategic acquisitions positions it well for future growth in a dynamic market.
AI Generated • Jul 16, 2026

Industry

Office REITs

Sector

Real Estate

Employees

0

CEO

Daniel Drimmer, MBA

Website

www.truenorthreit.com

Headquarters

Toronto, ON M8X 2X3, CA

TUERF Financials

Key Financial Metrics (TTM)

Gross Margin

51.93%

Operating Margin

47.83%

Net Income Margin

-25.30%

Return on Equity

-8.46%

Return on Capital

5.48%

Return on Assets

-2.78%

Earnings Yield

-25.97%

Dividend Yield

8.60%

Payout Ratio

-30.27%

Stock Overview

Market Cap

$88.34MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

14.07M

Volume

51

Avg. Volume

37.524

Financials (TTM)

Gross Profit

CA$67.54M

Operating Income

CA$61.65M

EBITDA

-CA$209.54K

Operating Cash Flow

CA$66.42M

Capital Expenditure

CA$0.00

Free Cash Flow

CA$66.42M

Cash & ST Invst.

CA$20.49M

Total Debt

CA$737.33M

True North Commercial Real Estate Investment Trust Performance Analysis

True North Commercial Real Estate Investment Trust annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31CAD 110,285,068-0.2%
20232023-12-31CAD 97,951,602-11.2%
20242024-12-31CAD 92,636,174-5.4%
20252025-12-31CAD 93,122,4970.5%
True North Commercial Real Estate Investment Trust sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-30-9.6%
Q32025-09-308.8%
Q42025-12-3131.8%
Q12026-03-31-25.8%
True North Commercial Real Estate Investment Trust annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31CAD 0.78-69.7%
20232023-12-31CAD -1.83N/A
20242024-12-31CAD -1.01-45.0%
20252025-12-31CAD -1.6260.4%
True North Commercial Real Estate Investment Trust sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-30-2214.4%
Q32025-09-3056.5%
Q42025-12-31-210.8%
Q12026-03-31103.3%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q1 2026YOY CHG

Revenue

CA$29.91M

-3.8%

Gross Profit

CA$13.13M

-10.5%

Gross Margin

43.89%

N/A

Market Cap

$88.34MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$1.35K

N/A

Employees

65,413

N/A

Net Income

CA$538.39K

-4.4%

EBITDA

CA$8.35M

-3.1%

Quarterly Fundamentals

Name
Q1 2026YOY CHG

Total Cash

CA$20.49M

+101.2%

Total Debt

CA$737.33M

-3.5%

Accounts Receivable

CA$4.19M

-20.3%

Inventory

CA$0.00

-100.0%

Long Term Debt

CA$416.20M

-29.9%

Short Term Debt

CA$321.13M

+88.6%

Return on Assets

-2.78%

N/A

Return on Invested Capital

7.25%

N/A

Free Cash Flow

CA$19.76M

+22.1%

Operating Cash Flow

CA$19.76M

+22.1%

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Questions About TUERF

What is the current price of True North Commercial Real Estate Investment Trust?

True North Commercial Real Estate Investment Trust is trading at $6.24 per share.

What is the 52-week range for True North Commercial Real Estate Investment Trust?

Over the past 52 weeks, True North Commercial Real Estate Investment Trust has traded between $5.97 and $6.89.

How much debt does True North Commercial Real Estate Investment Trust have?

As of the most recent reporting period, True North Commercial Real Estate Investment Trust reported total debt of CA$526.98M.

How much cash does True North Commercial Real Estate Investment Trust have on hand?

True North Commercial Real Estate Investment Trust reported CA$14.64M in cash and cash equivalents in its most recent financial results.

What is True North Commercial Real Estate Investment Trust’s dividend yield?

True North Commercial Real Estate Investment Trust currently has a dividend yield of 8.60%.

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