Real Estate
Primaris Real Estate Investment Trust(PMREF)
Live Price
Offline$14.52
-0.58% today
1Y Change
+29.20%
Window
Jun 23, 2025 โ Jun 16, 2026
- Market Cap
- $2.24B
- Revenue Growth
- +29.3%
- EPS Growth
- +86.7%
- Dividend Yield
- 4.6%
Coverage: 247 bars ยท Jun 23, 2025 โ Jun 16, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
Primaris Real Estate Investment Trust (PMREF) is a Real Estate stock with a market cap of $2.24B and listed on OTC. The stock last traded around $14.52 and up 29.2% across the available one-year price window (Jun 23, 2025 โ Jun 16, 2026). Baseline metrics include revenue growth of +29.3%, EPS growth of +86.7%, a dividend yield of 4.6%. What stands out right now is revenue +29.3%, EPS +86.7%, free cash flow +85.1% with operating margin 53.1% and ROIC 7.0%. The dividend matters to the case here, with a current yield around 4.6%. Valuation is more restrained than many high-expectation growth names at P/E 11.5 and price/sales 3.3. Overall, the current profile looks closer to a income-oriented value setup than a generic broad-market placeholder. Stock Foundry combines PMREF price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Real Estate peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Above sector median
+29.3% vs +11.4% peer median
Operating Margin
Below sector median
+53.1% vs +59.6% peer median
P/E
Below sector median
11.5 vs 19.5 peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report is on the board
2026 was reported on Apr 29, 2026, but the surprise data is still limited.
The operating story is still moving forward
Revenue is running at +29.3% and EPS at +86.7%, with operating margin around 53.1%.
Shareholder return is still part of the story
The stock is still offering a dividend yield around 4.6%, which matters if the thesis depends on income as much as growth.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged -1.4% over the next 5 trading days and finished higher after 0 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS ฮ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 Apr 29, 2026 | โ | +0.0% | -0.4% | +0.7% |
2026 Feb 11, 2026 | โ | +0.0% | -0.3% | -2.4% |
2025 Oct 29, 2025 | โ | -3.5% | -3.5% | -5.0% |
Benchmark Comparison
Normalized Performance vs SPY
Compare this ticker against a broad index, growth benchmark, or sector ETF using a shared 1Y normalization window.
PMREF
โ
Normalized return
SPY
โ
S&P 500
Excess Return
โ
Relative to SPY
PMREF Max Drawdown
-76.03%
Trailing 1Y
SPY Max Drawdown
โ
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for PMREF and SPY.
Company Overview
Primaris Real Estate Investment Trust
Other OTC
Primaris properties including all of H&R REIT's enclosed malls comprises real estate properties. The assets are located in Canada. Primaris properties including all of H&R REIT's enclosed malls(TSX:PMZ.UN) operates independently of H&R Real Estate Investment Trust as of December 31, 2021.
- Leadership
- Alexander Danial Avery
- IPO Date
- Jan 18, 2022
- Employees
- 450
- Street Address
- 26 Wellington Street East
- Mailing
- Toronto, ON, M5E 1S2
- Region
- Toronto, ON, CA
- Reporting Currency
- USD
- Investor Line
- 416 642 7800
- Last Updated
- May 3, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- 11.5
- EV/EBITDA
- 13.4
- Price/Sales
- 3.3
- Price/Book
- 0.9
Growth
- Revenue
- +29.3%
- EPS
- +86.7%
- Free Cash Flow
- +85.1%
Profitability
- Gross Margin
- 56.8%
- Operating Margin
- 53.1%
- Net Margin
- 28.5%
- ROE
- 8.0%
- ROIC
- 7.0%
Balance Sheet
- Debt/Equity
- 0.86
- Current Ratio
- 2.43
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.