Is Primaris Real Estate Investment Trust a good investment? Primaris Real Estate Investment Trust (PMZ-UN.TO) is currently trading at 22.91 CAD. Market analysts have a consensus price target of 24.22 CAD. This suggests a potential upside from current levels.
In terms of valuation, the stock trades at a P/E ratio of 22.24. This valuation is generally in line with the broader market.
Earnings Schedule: Primaris Real Estate Investment Trust is expected to release its next earnings report on Aug. 5, 2026. The market consensus estimate for Forward EPS is 1.75.
For income investors, Primaris Real Estate Investment Trust pays a dividend yield of 3.83%. With a payout ratio of 49%, the dividend appears sustainable.
Yes, it pays an annual dividend of 0.87 CAD (3.83% yield).
Primaris Real Estate Investment Trust is classified as a Stock.
The next earnings date is projected to be Aug. 5, 2026. The company currently has a trailing EPS of 1.03.
Primaris Real Estate Investment Trust is Canada's only enclosed shopping centre focused REIT. With ownership interests in leading enclosed shopping centres located in growing Canadian markets. The current portfolio totals 14.6 million square feet, valued at approximately 5.2 billion US dollars at Primaris' share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris is very well-capitalized and is exceptionally well positioned to take advantage of market opportunities at an extraordinary moment in the evolution of the Canadian retail property landscape. Primaris Real Estate Investment Trust was incorporated in 2021 in Ontario, Canada.
| Year | Total Dividends |
|---|---|
| ▸2027 |
0.52 CAD
|
| July 15, 2027 (estimated) | 0.0750 |
| June 15, 2027 (estimated) | 0.0746 |
| May 17, 2027 (estimated) | 0.0746 |
| April 15, 2027 (estimated) | 0.0746 |
| March 15, 2027 (estimated) | 0.0746 |
| Feb. 15, 2027 (estimated) | 0.0746 |
| Jan. 15, 2027 (estimated) | 0.0751 |
| ▸2026 |
0.88 CAD
|
| Dec. 15, 2026 (estimated) | 0.0736 |
| Nov. 16, 2026 (estimated) | 0.0736 |
| Oct. 15, 2026 (estimated) | 0.0736 |
| Sept. 15, 2026 (estimated) | 0.0736 |
| Aug. 17, 2026 | 0.0733 |
| July 15, 2026 | 0.0733 |
| June 15, 2026 | 0.0730 |
| May 15, 2026 | 0.0730 |
| April 15, 2026 | 0.0730 |
| March 16, 2026 | 0.0730 |
| Feb. 17, 2026 | 0.0730 |
| Jan. 15, 2026 | 0.0730 |
| ▸2025 |
0.86 CAD
|
| Dec. 15, 2025 | 0.0720 |
| Nov. 17, 2025 | 0.0720 |
| Oct. 15, 2025 | 0.0720 |
| Sept. 15, 2025 | 0.0720 |
| Aug. 15, 2025 | 0.0720 |
| July 15, 2025 | 0.0720 |
| June 16, 2025 | 0.0720 |
| May 15, 2025 | 0.0720 |
| April 15, 2025 | 0.0720 |
| March 17, 2025 | 0.0720 |
| Feb. 17, 2025 | 0.0720 |
| Jan. 15, 2025 | 0.0720 |
| ▸2024 |
0.84 CAD
|
| Dec. 16, 2024 | 0.0700 |
| Nov. 15, 2024 | 0.0700 |
| Oct. 15, 2024 | 0.0700 |
| Sept. 16, 2024 | 0.0700 |
| Aug. 15, 2024 | 0.0700 |
| July 15, 2024 | 0.0700 |
| June 17, 2024 | 0.0700 |
| May 15, 2024 | 0.0700 |
| April 15, 2024 | 0.0700 |
| March 15, 2024 | 0.0700 |
| Feb. 15, 2024 | 0.0700 |
| Jan. 15, 2024 | 0.0700 |
| ▸2023 |
0.82 CAD
|
| Dec. 15, 2023 | 0.0680 |
| Nov. 15, 2023 | 0.0680 |
| Oct. 16, 2023 | 0.0680 |
| Sept. 15, 2023 | 0.0680 |
| Aug. 15, 2023 | 0.0680 |
| July 17, 2023 | 0.0680 |
| June 15, 2023 | 0.0680 |
| May 15, 2023 | 0.0680 |
| April 17, 2023 | 0.0680 |
| March 15, 2023 | 0.0680 |
| Feb. 15, 2023 | 0.0680 |
| Jan. 16, 2023 | 0.0680 |
| ▸2022 |
0.74 CAD
|
| Dec. 15, 2022 | 0.0670 |
| Nov. 15, 2022 | 0.0670 |
| Oct. 17, 2022 | 0.0670 |
| Sept. 15, 2022 | 0.0670 |
| Aug. 15, 2022 | 0.0670 |
| July 15, 2022 | 0.0670 |
| June 15, 2022 | 0.0670 |
| May 16, 2022 | 0.0670 |
| April 18, 2022 | 0.0670 |
| March 15, 2022 | 0.0670 |
| Feb. 15, 2022 | 0.0670 |
| Name | Payment Date | Status | Amount |
|---|---|---|---|
| Primaris Real Estate Investment Trust | Aug 17, 2026 | Upcoming | 0.07333 CAD |
| Primaris Real Estate Investment Trust | Jul 15, 2026 | Paid | 0.07333 CAD |
| Primaris Real Estate Investment Trust | Jun 15, 2026 | Paid | 0.073 CAD |
| Primaris Real Estate Investment Trust | May 15, 2026 | Paid | 0.073 CAD |
| Primaris Real Estate Investment Trust | Apr 15, 2026 | Paid | 0.073 CAD |
| Primaris Real Estate Investment Trust | Mar 16, 2026 | Paid | 0.073 CAD |
| Primaris Real Estate Investment Trust | Feb 17, 2026 | Paid | 0.073 CAD |
| Primaris Real Estate Investment Trust | Jan 15, 2026 | Paid | 0.073 CAD |
| Primaris Real Estate Investment Trust | Dec 15, 2025 | Paid | 0.072 CAD |
| Primaris Real Estate Investment Trust | Nov 17, 2025 | Paid | 0.072 CAD |
| Primaris Real Estate Investment Trust | Oct 15, 2025 | Paid | 0.072 CAD |
| Primaris Real Estate Investment Trust | Sep 15, 2025 | Paid | 0.072 CAD |
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