(HR-UN) H&R Real Estate Investment - Ratings and Ratios

H&R Real Estate Investment Trust (TO:HR-UN) stands as one of Canadas most substantial real estate investment trusts, boasting total assets of approximately $10.8 billion as of December 31, 2023. Its North American portfolio encompasses a diverse range of high-quality properties, including residential, industrial, office, and retail spaces, spanning over 26.9 million square feet. H&R REIT is strategically streamlining its operations by focusing on residential and industrial assets, aiming to foster sustainable, long-term value for its unitholders. To achieve this, the trust plans to divest its office and retail properties as favorable market conditions arise. H&Rs strategic vision is to emerge as a leading owner, operator, and developer in the residential and industrial sectors, leveraging prime locations in major Canadian cities such as Toronto, Montreal, and Vancouver, as well as high-growth U.S. sunbelt and gateway cities. The trust emphasizes value creation through strategic redevelopment and greenfield development projects.

From a technical standpoint, H&R REITs stock exhibits moderate volatility, with an Average True Range (ATR) of 0.28. The stock is currently trading at $9.78, slightly above its 20-day Simple Moving Average (SMA) of $9.65 but below its 50-day SMA of $9.87. The 200-day SMA stands at $9.33, indicating a recent uptrend. The average 20-day volume is 477,065 shares, reflecting consistent trading activity. On the fundamental side, H&R REIT has a market capitalization of $2.648 billion CAD, with a forward P/E ratio of 7.55, signaling investor expectations of future earnings growth. The price-to-book (P/B) ratio of 0.06 suggests the stock may be undervalued relative to its book value. However, the return on equity (RoE) is negative at -2.27, indicating current profitability challenges.