Overview
Nexus Industrial REIT, based in Canada, is a notable entity in the Real Estate Investment Trust (REIT) sector, focusing primarily on industrial properties. The REIT primarily manages a diverse portfolio comprising industrial, mixed-use, and office properties. Key projects under Nexus Industrial REIT demonstrate a strategic emphasis on enhancing core industrial assets to support robust tenant industries including logistics, manufacturing, and distribution facilities. Throughout its operations, Nexus Industrial REIT has concentrated on augmenting value through selective acquisitions, strategic asset management, and leveraging favorable market conditions to optimize property performance and tenant satisfaction, thereby supporting its commitment to delivering sustained shareholder returns within the industrial segment of the real estate market.
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Basic Stats
The share price of Nexus Industrial REIT as of June 11, 2024 is $5.07 / share. The market cap (or net worth) of Nexus Industrial REIT as of September 5, 2025 is $360.62 MM.
The Factor Analysis chart (below right) shows a view of Nexus Industrial REIT from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
| Market Cap | 360.62 MM |
| EV | |
| Shares Out. | 71.13 MM |
| Earnings Date | |
| EPS (TTM) | 0.41 |
| Dividend Yield | |
| Ex-Dividend Date | 2025-09-29 |
| Borrow Rate | |
| Short Shares Avail. | |
| Short Interest | |
| Short Float | |
| Days to Cover | |
| Risk Free Rate | 4.17 % |
| Price Change (1 yr) | |
| Volatility (1 yr) | |
| Beta | |
| Sharpe Ratio (1 yr) | |
| Sortino Ratio (1 yr) |
| PE Ratio | |
| Price/Book | |
| Price/TBV | |
| Book/Market | |
| EBIT/EV | |
| EBIT(3yr avg)/EV | |
| ROA | 0.01 |
| ROE | 0.03 |
| ROIC | 0.01 |
| CROIC | -0.00 |
| OCROIC | 0.01 |
| Implied Volatility | |
| Put/Call OI Ratio |
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Price Target
The average one-year price target for Nexus Industrial REIT is $6.07. The forecasts range from a low of $5.47 to a high of $6.63. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for Nexus Industrial REIT. An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
The standard analyst ratings are generally as follows:
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
| Date | Analyst | Prior | Latest Recommendation |
Action |
|---|---|---|---|---|
| 2023-12-08 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2023-11-16 | LAURENTIAN BANK SECURITIES | Buy | Buy | Maintains |
| 2023-11-16 | RAYMOND JAMES LTD. | Strong Buy | Outperform | Downgrade |
| 2023-11-15 | ECHELON WEALTH PARTNERS | Buy | Buy | Maintains |
| 2023-08-23 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2023-08-22 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2023-08-15 | ECHELON WEALTH PARTNERS | Buy | Buy | Maintains |
| 2023-08-15 | IA CAPITAL MARKETS | Strong Buy | Strong Buy | Maintains |
| 2023-08-14 | ECHELON WEALTH PARTNERS | Buy | Buy | Maintains |
| 2023-08-14 | IA CAPITAL MARKETS | Strong Buy | Strong Buy | Maintains |
| 2023-08-14 | LAURENTIAN BANK SECURITIES | Buy | Buy | Maintains |
| 2023-08-14 | RAYMOND JAMES LTD. | Strong Buy | Strong Buy | Maintains |
| 2023-08-14 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2023-08-13 | LAURENTIAN BANK SECURITIES | Buy | Buy | Maintains |
| 2023-08-13 | RAYMOND JAMES LTD. | Strong Buy | Strong Buy | Maintains |
| 2023-08-13 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2023-05-26 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2023-05-25 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2023-05-19 | RAYMOND JAMES LTD. | Outperform | Strong Buy | Upgrade |
| 2023-05-18 | RAYMOND JAMES LTD. | Outperform | Strong Buy | Upgrade |
| 2023-05-16 | LAURENTIAN BANK SECURITIES | Buy | Buy | Maintains |
| 2023-05-16 | IA CAPITAL MARKETS | Buy | Strong Buy | Upgrade |
| 2023-05-15 | LAURENTIAN BANK SECURITIES | Buy | Buy | Maintains |
| 2023-05-15 | IA CAPITAL MARKETS | Buy | Strong Buy | Upgrade |
| 2023-05-15 | ECHELON WEALTH PARTNERS | Buy | Buy | Maintains |
| 2023-05-15 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2023-05-14 | ECHELON WEALTH PARTNERS | Buy | Buy | Maintains |
| 2023-05-14 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2023-04-05 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2023-03-17 | IA CAPITAL MARKETS | Buy | Strong Buy | Upgrade |
| 2023-03-16 | LAURENTIAN BANK SECURITIES | Buy | Buy | Maintains |
| 2023-03-16 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2023-03-15 | ECHELON WEALTH PARTNERS | Buy | Buy | Maintains |
| 2023-03-15 | RAYMOND JAMES LTD. | Outperform | Strong Buy | Upgrade |
| 2022-12-12 | Desjardins Group | Buy | Initiate | |
| 2022-11-16 | LAURENTIAN BANK SECURITIES | Buy | Buy | Maintains |
| 2022-11-16 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2022-11-16 | Canaccord Capital | 11.75 | 12 | Upgrade |
| 2022-11-15 | LAURENTIAN BANK SECURITIES | Buy | Buy | Maintains |
| 2022-11-15 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2022-10-24 | National Bank of Canada Financial | 11 | 9.75 | Downgrade |
| 2022-08-17 | Laurentian Bank Securities | 15 | 14 | Downgrade |
| 2022-07-18 | RBC Royalbank | Hold | Initiate | |
| 2022-05-16 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2022-05-15 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2022-03-08 | National Bank of Canada Financial | Outperform | Initiate | |
| 2021-11-23 | RAYMOND JAMES LTD. | Strong Buy | Outperform | Downgrade |
| 2021-11-23 | RaymondJamesFinancial | Outperform | Initiate | |
| 2021-11-22 | RAYMOND JAMES LTD. | Strong Buy | Outperform | Downgrade |
| 2021-11-22 | IA CAPITAL MARKETS | Buy | Buy | Maintains |
| 2021-11-21 | IA CAPITAL MARKETS | Buy | Buy | Maintains |
| 2021-11-15 | RaymondJamesFinancial | Outperform | Initiate | |
| 2021-10-13 | RAYMOND JAMES LTD. | Strong Buy | Strong Buy | Maintains |
| 2021-10-12 | RAYMOND JAMES LTD. | Strong Buy | Strong Buy | Maintains |
| 2021-08-12 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2021-08-11 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2021-07-09 | BMO Capital Markets | Outperform | Initiate | |
| 2021-07-07 | Raymond James Financial | Strong Buy | Initiate | |
| 2024-07-16 | TD COWEN | Hold | Hold | Maintains |
| 2024-07-16 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2024-05-14 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2024-05-14 | ECHELON WEALTH PARTNERS | Buy | Buy | Maintains |
| 2024-05-14 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2024-05-13 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2024-03-14 | TD SECURITIES | Hold | Hold | Maintains |
| 2023-12-07 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2023-11-15 | LAURENTIAN BANK SECURITIES | Buy | Buy | Maintains |
| 2023-11-15 | RAYMOND JAMES LTD. | Strong Buy | Outperform | Downgrade |
| 2023-11-14 | ECHELON WEALTH PARTNERS | Buy | Buy | Maintains |
| 2025-03-31 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2025-03-16 | VENTUM FINANCIAL CORP. | Buy | Buy | Maintains |
| 2025-03-10 | TD COWEN | Hold | Hold | Maintains |
| 2025-03-10 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2025-03-09 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2025-03-09 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2025-03-09 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2025-01-04 | TD COWEN | Hold | Hold | Maintains |
| 2024-12-14 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2024-12-10 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2024-11-12 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2024-11-12 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2024-11-11 | VENTUM FINANCIAL CORP. | Buy | Buy | Maintains |
| 2024-11-11 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2025-07-15 | TD COWEN | Hold | Hold | Maintains |
| 2025-06-10 | CIBC CAPITAL MARKETS | Outperform | Neutral | Downgrade |
| 2025-05-18 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2025-05-14 | VENTUM FINANCIAL CORP. | Buy | Buy | Maintains |
| 2025-05-14 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2025-05-14 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
