C$9.72+1.6% on the day·−9.8% in a year·close Oct 13, 2026
Listed on the Toronto Stock Exchange; prices in Canadian dollars. All 218 TSX stocks.
Your signal
Sell39 / 100
Sell: 39 is at or below your Sell line of 40. Off the high (−14% from its 1-year high) scores 54 and lifts it; Trend (−6% vs 200-day) scores 29 and holds it back.
Every factor in this score has a tested record: each was checked month by month since 2011 on numbers public at the time.
Your signal is the one call Be The Puck makes on a stock, and you set it: weight the plays, analysts, P/E, growth, debt, trend and more, and move the Buy and Sell lines. Every page follows your choice. How the score works
All 18 factors for HR.UN
Factor
HR.UN
Points
What it is
Plays in
36%
36
The share of the plays you count that hold it now.
Analysts' upside
+14% · 5 analysts
49
How far analysts' average 12-month target sits above the price (3+ analysts). −20% scores 0, +50% full marks; at most 50 while the price is below its 200-day average, since targets lag a falling price.
Analysts' rating
2.4 · buy
30
The analysts' average recommendation: strong buy scores 100, hold or worse 0.
P/E
loss
0
Price over the last four quarters' earnings per share. Lower ranks higher; a loss scores 0. Source: Yahoo Finance.
Forward P/E
7.8×
91
Price over next year's expected earnings. Lower ranks higher; an expected loss scores 0. Source: Yahoo Finance.
PEG
8.27
6
P/E divided by expected earnings growth. Lower ranks higher; around 1 is often read as fair for the growth. Source: Yahoo Finance.
Dividends over the last year as a share of the price. Higher ranks higher; no dividend scores 0. Source: Yahoo Finance.
Earnings growth
–
–
Earnings per share over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher.
Revenue growth
−12%
4
Revenue over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher. Source: Yahoo Finance.
How far the price sits below its highest close of the last year: 100 points at the high, none at 30% or more below. The exit rule: a stock that keeps falling loses points whatever else it has going for it.
Trend
−6% vs 200-day
29
How far the price sits above its 200-day average. Higher ranks higher.
It closed 6% below its 200-day average and 14% below its 52-week high.
Crash exposure reads high: it fell about 1.5× as far as its index in past crashes and operating profit doesn't cover its interest.
Analysts' average 12-month target is C$11.10, 14% above the close (5 analysts).
This analysis does not constitute trading advice. Please meet with an advisor or independently review sources before making any decision. New to this? Start with the basics.
Plays in36 / 100Every play Be The Puck tests, in 7 families.
A call is right when the stock rose after an in call or fell after an out call. Trend plays are built to take many small losses for a few big wins, so their hit rates run lower; being right often isn't the same as making the most money. How we test a play.
Each candle is one trading day: the box spans the open and close, the thin line the day's high and low. Hollow boxes closed up, filled boxes closed down. Toggle the averages to see the trend the plays read. Dots above the candles mark news and company filings: hover or tap one to see the story and how the stock moved from the last close before it, against the market on the same days.
What moved HR.UN lately
Its 3 biggest moves against the S&P/TSX in the last 30 sessions, the news read on each, and how reliably that kind of news has moved stocks before. How it's measured
Thu Oct 8+3.4% against the S&P/TSX2.5× a normal day
HR.UN +3.7%, the S&P/TSX +0.3% that session.
◆Acquisition newsThe Globe and Mail · Oct 8, 11:30 am ET
After acquisition headlines, stocks did better than their index at the first close after the news 58% of the time (47 of 81 on 55 stocks; median move +0.3%). No direction was expected. Low predictabilityEarly read
HR.UN after acquisition headlines: ahead of its index at the first close after the news 3 of 3 times (median +0.8%).
Fri Oct 2−3.9% against the S&P/TSX3.2× a normal day
HR.UN −3.0%, the S&P/TSX +1.0% that session; +1.4% against the S&P/TSX over five sessions.
No earnings report, rating change, 8-K filing or news story on HR.UN was found for this session. Be The Puck's headline archive for HR.UN starts Oct 5, so news stories from that day aren't in it. The S&P/TSX moved +1.0%. The 18 other Real estate stocks Be The Puck covers moved −0.4% on average, so most of the move was its own.
Fri Sep 18−2.8% against the S&P/TSX2.5× a normal day
HR.UN −3.0%, the S&P/TSX −0.2% that session; −0.6% against the S&P/TSX over five sessions.
No earnings report, rating change, 8-K filing or news story on HR.UN was found for this session. Be The Puck's headline archive for HR.UN starts Oct 5, so news stories from that day aren't in it. The S&P/TSX moved −0.2%. The 18 other Real estate stocks Be The Puck covers moved −0.5% on average, so most of the move was its own.
Two years of calls, week by week
InOutShare of plays in
One row per play, grouped by family. When most rows turn green at once, the trend is broad. When they split, the plays disagree and the stock is usually chopping sideways.
Calls right: how often the play's calls on HR.UN went the right way since 2005. Record columns: play / buy and hold, annual return and worst drawdown since 2005. Click a column to sort.Sort with the menu above the list.
A crash marks every stock down; debt decides which companies come through. The storm test scores both halves: how hard the stock swings with the market, and how much debt it carries into a downturn. It describes fragility; it does not predict a crash.
REIT - Diversified · H&R Real Estate Investment Trust is one of Canada's largest real estate investment trusts. H&R REIT has ownership interests in a Canadian and U.S. portfolio primarily comprised of high-quality residential (operating as Lantower Residential), industrial and office properties comprising approximately 20.5 million square feet. H&R Real Estate Investment Trust was incorporated in 1996 in Ontario, Canada.
Size and valuation
Market cap
C$2.6B
What the whole company is worth at today's price: share price × shares outstanding.
Revenue (last 12 months)
C$831M
Total sales. The market values it at 3.1× sales.
P/E ratio
n/a
Lost money over the last year, so there is no profit to divide by.
Forward P/E
7.8×
Price against analysts' estimate of next year's profit.
Price to book
0.6×
Price against the company's net assets (its equity) per share.
Profit and growth
Profit margin
−68.7%
Spends more than it brings in.
Revenue growth
−12.3%
Last quarter's sales against the same quarter a year earlier.
Return on equity
−12.8%
Yearly profit as a share of shareholders' money in the business.
Free cash flow
−C$480M
Burning cash: needs savings or new money to keep going.