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Primaris Real Estate Investment Trust(TSX) PMZ.UN

Current PriceCA$23.02
Market CapCA$2.71BMarket 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 (2022)+138%
5 YearN/A
1 Year+64%
1 Month+8%
Primaris Real Estate Investment Trust last closing stock price
MetricPriceDate
Last closeCAD 23.022026-07-24
Primaris Real Estate Investment Trust stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-0.69%CAD 23.182026-07-17
1 month+8.49%CAD 21.222026-06-24
3 month+23.21%CAD 18.682026-04-24
Year to date+51.22%CAD 15.222025-12-31
1 year+64.45%CAD 14.002025-07-24
3 year+104.5%CAD 11.262023-07-25
Since inception+137.53%CAD 9.692022-01-05

Primaris Real Estate Investment Trust Financials at a Glance

Market Cap

CA$2.71BMarket 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$680.03M

Net Income (TTM)

CA$193.96M

EPS (TTM)

CA$1.47

P/E Ratio

15.50

Dividend

CA$0.87

Beta (Volatility)

0.62 (Low)

Price

CA$23.02

Volume

97,610

Open

CA$23.00

Previous Close

CA$23.02

Daily Range

CA$22.87 - CA$23.05

52-Week Range

CA$14.57 - CA$23.31

Estimated Earnings Date

Jul 29, 2026

PMZ.UN News

No articles available.

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About Primaris Real Estate Investment Trust

Primaris Real Estate Investment Trust is a Canadian real estate investment trust focused on owning and managing a portfolio of enclosed shopping malls. The properties are strategically located across Canada, providing a diverse retail experience.

Products and Services
  • Ownership and management of enclosed shopping malls
  • Retail space leasing to a variety of tenants
  • Property development and redevelopment services
Growth Outlook
  • Recent quarterly revenue of CAD 177.77 million shows strong performance
  • Trailing twelve months (TTM) net income reached CAD 41.92 million
  • Consistent dividend yield of 3.76% reflects financial stability
Financial Highlights
  • Quarterly revenue increased from CAD 150.75 million to CAD 177.77 million
  • TTM operating income margin stands at 47.59%
  • Debt-to-equity ratio of 1.02 indicates manageable leverage
Primaris Real Estate Investment Trust operates in the retail sector, primarily focusing on enclosed shopping malls. The company has shown resilience in its financial performance, with a notable increase in quarterly revenue and net income. The TTM data indicates a solid operating income margin, suggesting effective cost management and operational efficiency. The company's dividend yield of 3.76% is appealing for income-focused investors, while the debt-to-equity ratio reflects a balanced approach to leveraging its assets. Overall, Primaris Real Estate Investment Trust presents a compelling opportunity for investors interested in the retail real estate sector in Canada.
AI Generated • Jul 24, 2026

Industry

Retail REITs

Headquarters

Toronto, ON M5E 1S2, CA

PMZ.UN Financials

Key Financial Metrics (TTM)

Gross Margin

56.77%

Operating Margin

53.10%

Net Income Margin

28.52%

Return on Equity

7.95%

Return on Capital

7.44%

Return on Assets

3.67%

Earnings Yield

6.45%

Dividend Yield

3.79%

Payout Ratio

49.15%

Stock Overview

Market Cap

CA$2.71BMarket 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

117.66M

Volume

97.61K

Avg. Volume

264.61K

Financials (TTM)

Gross Profit

CA$386.08M

Operating Income

CA$361.08M

EBITDA

CA$327.89M

Operating Cash Flow

CA$224.60M

Capital Expenditure

-CA$15.64M

Free Cash Flow

CA$208.96M

Cash & ST Invst.

CA$16.81M

Total Debt

CA$2.61B

Primaris Real Estate Investment Trust Performance Analysis

Primaris Real Estate Investment Trust sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-300.6%
Q32025-09-306.5%
Q42025-12-3117.2%
Q12026-03-31-6.0%
Primaris Real Estate Investment Trust sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-3056.7%
Q32025-09-30-31.9%
Q42025-12-3137.5%
Q12026-03-31-18.2%

Revenue Growth Rate

Annual and quarterly growth comparison

Currently no data to display.

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Currently no data to display.

Quarterly Performance

Name
Q1 2026YOY CHG

Revenue

CA$177.77M

+17.9%

Gross Profit

CA$96.13M

+16.3%

Gross Margin

54.07%

N/A

Market Cap

CA$2.71BMarket 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

CA$3.87M

N/A

Employees

700

N/A

Net Income

CA$41.92M

+34.6%

EBITDA

CA$71.01M

+25.8%

Quarterly Fundamentals

Name
Q1 2026YOY CHG

Total Cash

CA$16.81M

-71.7%

Total Debt

CA$2.61B

+39.9%

Accounts Receivable

CA$30.42M

-35.9%

Inventory

CA$0.00

N/A

Long Term Debt

CA$1.94B

+11.0%

Short Term Debt

CA$662.09M

+447.2%

Return on Assets

3.67%

N/A

Return on Invested Capital

7.81%

N/A

Free Cash Flow

CA$20.13M

-5.9%

Operating Cash Flow

CA$20.13M

-6.8%

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Questions About PMZ.UN

What is the current price of Primaris Real Estate Investment Trust?

Primaris Real Estate Investment Trust is trading at CA$23.02 per share.

What is the 52-week range for Primaris Real Estate Investment Trust?

Over the past 52 weeks, Primaris Real Estate Investment Trust has traded between CA$14.57 and CA$23.31.

How much debt does Primaris Real Estate Investment Trust have?

Primaris Real Estate Investment Trust total debt is unavailable.

How much cash does Primaris Real Estate Investment Trust have on hand?

Primaris Real Estate Investment Trust does not have cash on hand data available.

What is Primaris Real Estate Investment Trust’s dividend yield?

Primaris Real Estate Investment Trust currently has a dividend yield of 3.79%.

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