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Primaris Real Estate Investment Trust(TSX) PMZ.UN

Market CapCA$2.44BMarket 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)+115%
5 YearN/A
1 Year+40%
1 Month-6%
CA$20.73
-1.10%
-0.23Today
Primaris Real Estate Investment Trust last closing stock price
MetricPriceDate
Last closeCAD 20.732026-09-15
Primaris Real Estate Investment Trust stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-1.24%CAD 20.992026-09-08
1 month-6.35%CAD 22.132026-08-14
3 month+3.76%CAD 19.982026-06-17
Year to date+37.08%CAD 15.122025-12-31
1 year+40.23%CAD 14.782025-09-15
3 year+74.61%CAD 11.872023-09-15
Since inception+115.32%CAD 9.632022-01-05

Primaris Real Estate Investment Trust Financials at a Glance

Market Cap

CA$2.44BMarket 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$704.37M

Net Income (TTM)

CA$129.90M

EPS (TTM)

CA$0.96

P/E Ratio

21.35

Dividend

CA$0.88

Beta (Volatility)

0.61 (Low)

Price

CA$20.73

Volume

1,693,524

Open

CA$20.20

Previous Close

CA$20.73

Daily Range

CA$20.10 - CA$20.78

52-Week Range

CA$14.67 - CA$23.36

Estimated Earnings Date

Oct 28, 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 that specializes in owning and managing a portfolio of enclosed shopping malls. The properties are strategically located across Canada, providing a diverse retail experience. Primaris operates independently from H&R Real Estate Investment Trust, having established its own identity since its inception.

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 revenue of CAD 175.9 million indicates strong market demand
  • Quarterly net income of CAD -13.7 million reflects ongoing operational adjustments
  • Long-term debt to capitalization ratio of 51.5% suggests manageable leverage
Financial Highlights
  • Trailing twelve months (TTM) revenue of CAD 689.9 million
  • Dividend yield of 4.05% offers attractive income potential
  • Price-to-earnings (P/E) ratio of 21.12 indicates reasonable valuation
Primaris Real Estate Investment Trust focuses on enhancing its portfolio through strategic acquisitions and property management. The company has demonstrated resilience in the retail sector, adapting to changing consumer behaviors and market conditions. With a solid financial foundation and a commitment to growth, Primaris aims to deliver value to its investors while maintaining a strong presence in the Canadian retail landscape.
AI Generated • Aug 23, 2026

Industry

Retail REITs

Sector

Real Estate

Headquarters

Toronto, ON M5J 2T3, CA

PMZ.UN Financials

Key Financial Metrics (TTM)

Gross Margin

56.93%

Operating Margin

42.46%

Net Income Margin

18.44%

Return on Equity

5.23%

Return on Capital

7.44%

Return on Assets

2.43%

Earnings Yield

4.68%

Dividend Yield

4.22%

Payout Ratio

76.63%

Stock Overview

Market Cap

CA$2.44BMarket 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

1.69M

Avg. Volume

309.81K

Financials (TTM)

Gross Profit

CA$401.00M

Operating Income

CA$299.10M

EBITDA

CA$275.14M

Operating Cash Flow

CA$232.03M

Capital Expenditure

-CA$25.59M

Free Cash Flow

CA$206.45M

Cash & ST Invst.

CA$45.13M

Total Debt

CA$2.67B

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
Q32025-09-306.5%
Q42025-12-3117.2%
Q12026-03-31-6.0%
Q22026-06-30-1.0%
Primaris Real Estate Investment Trust sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30-31.9%
Q42025-12-3137.5%
Q12026-03-31-18.2%
Q22026-06-30-127.6%

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
Q2 2026YOY CHG

Revenue

CA$175.94M

+16.1%

Gross Profit

CA$101.27M

+17.3%

Gross Margin

57.56%

N/A

Market Cap

CA$2.44BMarket 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$3.48M

N/A

Employees

700

N/A

Net Income

-CA$13.68M

-127.2%

EBITDA

CA$22.68M

-69.9%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

CA$45.13M

+713.8%

Total Debt

CA$2.67B

+28.9%

Accounts Receivable

CA$34.65M

-37.1%

Inventory

CA$0.00

N/A

Long Term Debt

CA$1.88B

-3.3%

Short Term Debt

CA$785.37M

+497.3%

Return on Assets

2.43%

N/A

Return on Invested Capital

6.56%

N/A

Free Cash Flow

CA$51.07M

-4.7%

Operating Cash Flow

CA$61.01M

+13.9%

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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$20.73 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$14.67 and CA$23.36.

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 4.22%.

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