CT Real Estate Investment Trust (CTRRF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
CT Real Estate Investment Trust (CTRRF) trades at $13.36 with AI Score 53/100 (Grade B). CT Real Estate Investment Trust is a Canadian REIT focused on income-producing commercial properties. Market cap: $3.18B, Sector: Real estate.
Price live · AI analysis from Mar 17, 2026Analyst Coverage for CTRRF: CTRRF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates CTRRF against Real Estate peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
CTRRF: 2/6 perspectives are bullish. Dominant signal: Ray Dalio bullish.
How is this calculated? →CT Real Estate Investment Trust (CTRRF) Real Estate Portfolio & Strategy
CT Real Estate Investment Trust is a Canadian REIT specializing in net-leased retail properties, primarily tenanted by Canadian Tire Corporation. With a focus on stable income generation and a portfolio of over 350 properties, CTRRF offers investors exposure to the Canadian retail real estate market.
What Is the Investment Thesis for CTRRF?
CT Real Estate Investment Trust presents a compelling investment case based on its stable income generation and strategic alignment with Canadian Tire Corporation. With a dividend yield of 5.55% and a P/E ratio of 6.7, CTRRF offers investors an attractive income stream. The REIT's high profit margin of 58.1% and gross margin of 78.1% demonstrate efficient operations and strong lease agreements. Growth catalysts include potential property acquisitions and developments that can expand its GLA and diversify its tenant base. A potential risk is the reliance on Canadian Tire as its major tenant, which could impact revenue if Canadian Tire's performance declines.
Based on FMP financials and quantitative analysis
CTRRF Key Highlights
- Market capitalization of $3.18B, reflecting its significant presence in the Canadian REIT market.
- P/E ratio of 6.7, suggesting a potentially undervalued investment relative to its earnings.
- Profit margin of 58.1%, indicating efficient management and profitable operations.
- Gross margin of 78.1%, reflecting strong lease agreements and cost control.
- Dividend yield of 5.55%, providing an attractive income stream for investors.
Who Are CTRRF's Competitors?
CTRRF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| ADZZF Advance Residence Investment Corporation | $1008.06 | -3.99% | $2.89B | 46 |
| ATTRF CapitaLand Ascott Trust | $0.65 | -12.00% | $2.50B | 54 |
| BYLOF Big Yellow Group Plc | $11.70 | -5.34% | $2.29B | 47 |
| CTRGF Country Garden Services Holdings Company Limited | $0.82 | +13.07% | $2.66B | 45 |
| CWYUF SmartCentres Real Estate Investment Trust | $21.39 | +1.86% | $3.10B | 47 |
| CURB Curbline Properties Corp. | $29.95 | -1.29% | $3.42B | 66 |
| NTST NETSTREIT Corp. | $21.47 | -0.88% | $1.78B | 60 |
| BRX Brixmor Property Group Inc. | $31.07 | -0.42% | $9.53B | 60 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are CTRRF's Key Strengths?
- Stable income stream from long-term net leases.
- Strong relationship with Canadian Tire Corporation.
- Diversified portfolio of properties across Canada.
- High occupancy rates.
What Are CTRRF's Weaknesses?
- Reliance on Canadian Tire as a major tenant.
- Exposure to the retail sector, which faces evolving consumer preferences.
- Limited geographic diversification outside of Canada.
What Could Drive CTRRF Stock Higher?
- Potential property acquisitions to expand its portfolio.
- Development projects to add new properties.
- Tenant diversification efforts to reduce reliance on Canadian Tire.
- Adaptation to e-commerce trends.
- Strategic partnerships to create new growth opportunities.
What Are the Key Risks for CTRRF?
- Financial-distress signal — its Altman Z-Score of 1.26 sits in the distress zone (elevated bankruptcy risk).
- Reliance on Canadian Tire as a major tenant.
- Economic downturns that could impact retail sales.
- Rising interest rates that could increase borrowing costs.
- Increased competition from other REITs.
- Changes in consumer preferences and shopping habits.
What Are the Growth Opportunities for CTRRF?
- Property Acquisitions: CT REIT can expand its portfolio through strategic acquisitions of income-producing commercial properties. The Canadian commercial real estate market offers opportunities to acquire properties with strong tenant profiles and long-term lease agreements. Expanding the GLA could increase revenue and diversify its geographic footprint. Timeline: Ongoing.
- Development Projects: CT REIT can pursue development projects to add new properties to its portfolio. Developing new retail spaces or mixed-use properties can increase its GLA and attract new tenants. Development projects can also enhance the value of existing properties and generate higher rental income. Timeline: Ongoing.
- Tenant Diversification: While Canadian Tire is its most significant tenant, CTRRF can diversify its tenant base to reduce reliance on a single company. Attracting a broader range of tenants can mitigate risks associated with the performance of Canadian Tire. Diversifying the tenant base can also increase the overall stability of its income stream. Timeline: Ongoing.
- E-commerce Adaptation: Adapting its retail properties to accommodate the evolving e-commerce landscape can drive growth. This includes incorporating features like click-and-collect areas, last-mile delivery hubs, and experiential retail spaces. Adapting to e-commerce trends can attract tenants and maintain the relevance of its properties. Timeline: Ongoing.
- Strategic Partnerships: Forming strategic partnerships with other real estate companies or retailers can create new growth opportunities. Collaborating with partners can expand its reach and access new markets. Strategic partnerships can also provide access to capital and expertise for development projects. Timeline: Ongoing.
What Opportunities Does CTRRF Have?
- Property acquisitions to expand its portfolio.
- Development projects to add new properties.
- Tenant diversification to reduce reliance on Canadian Tire.
- Adaptation to e-commerce trends.
What Threats Does CTRRF Face?
- Economic downturns that could impact retail sales.
- Rising interest rates that could increase borrowing costs.
- Increased competition from other REITs.
- Changes in consumer preferences and shopping habits.
What Are CTRRF's Competitive Advantages?
- Strategic Alignment with Canadian Tire: Strong, established relationship with a major anchor tenant.
- Diversified Portfolio: Portfolio of over 350 properties across Canada.
- Net Lease Structure: Long-term net leases provide stable and predictable income.
- High Occupancy Rates: Reflecting strong demand for its properties.
What Does CTRRF Do?
CT Real Estate Investment Trust (CT REIT) was formed to own income-producing commercial properties primarily located in Canada. The REIT's origin is closely tied to Canadian Tire Corporation, Limited, its most significant tenant, reflecting a strategic alignment that underpins its portfolio composition. CT REIT's portfolio comprises over 350 properties, encompassing approximately 29 million square feet of gross leasable area (GLA). These properties are primarily net-leased, single-tenant retail locations spread across Canada, providing a diversified geographic footprint within the country. The REIT focuses on maintaining a stable and growing income stream for its unitholders through long-term leases and strategic property management. CT REIT's relationship with Canadian Tire provides a stable base of revenue, while the REIT also seeks opportunities to diversify its tenant base and expand its property portfolio through acquisitions and developments. The company trades on the OTC market.
What Products and Services Does CTRRF Offer?
- Owns and manages a portfolio of income-producing commercial properties in Canada.
- Focuses primarily on net-leased, single-tenant retail properties.
- Leases properties to a variety of tenants, with Canadian Tire Corporation as its most significant tenant.
- Generates revenue through rental income from its properties.
- Acquires and develops new properties to expand its portfolio.
- Manages and maintains its properties to ensure tenant satisfaction and property value.
- Distributes income to its unitholders through regular distributions.
How Does CTRRF Make Money?
- Acquires commercial properties, primarily retail, across Canada.
- Leases these properties to tenants under long-term net leases.
- Generates revenue from rental income.
- Distributes a portion of its income to unitholders as distributions.
What Industry Does CTRRF Operate In?
CT Real Estate Investment Trust operates within the Canadian REIT market, which is characterized by stable growth and attractive yields. The retail REIT segment faces evolving consumer preferences and the rise of e-commerce, requiring adaptability and strategic property management. Competitors like ADZZF, ATTRF, BYLOF, CTRGF, and CWYUF operate in similar segments, focusing on retail and commercial properties. CTRRF's close relationship with Canadian Tire provides a competitive advantage in securing stable, long-term leases.
Who Are CTRRF's Key Customers?
- Canadian Tire Corporation, Limited (most significant tenant).
- Other retail tenants in various sectors.
- Unitholders seeking stable income from real estate investments.
CT Real Estate Investment Trust (CTRRF) Valuation Context
Valued at $3.18B, CTRRF is classified as a mid-cap stock. Relative to its peer group, CTRRF's quantitative score of 53/100 is roughly in line with the peer average of 48/100.
CTRRF Revenue & Earnings Trend
In Q1 2026, CTRRF generated $158.0M in top-line revenue, marking a sequential increase of 3.4%. The company recorded net income of $53.7M, with diluted EPS of $0.36. Revenue has increased across the last three reported quarters, suggesting sustained momentum for this mid-cap Real Estate company. Across the four most recent quarters, CTRRF averaged $0.43 in diluted EPS.
Company Profile
CT Real Estate Investment Trust operates in the REIT - Retail industry within the Real Estate sector. It is headquartered in Toronto, CA. The company is led by CEO Kevin Salsberg. CTRRF has traded publicly since 2016.
ROE 15%Key Financial Metrics
Return on equity for CT Real Estate Investment Trust stands at 15.4%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 3.8%, showing how much profit it generates from its asset base. CTRRF trades at a trailing price-to-earnings ratio of 6.65, below the Real Estate sector average of ~20x. Its free cash flow yield is 9.8%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.06 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 15.0%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 6/9Financial Health
CT Real Estate Investment Trust's Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 1.26 places it in the distress zone, a signal of elevated financial risk.
FY2026 estForward Outlook
Wall Street analysts project CT Real Estate Investment Trust revenue of about $633.5M for fiscal 2026, with EPS near $1.32. The estimate reflects 4 contributing analysts.
CTRRF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Stable income stream from long-term net leases.
- Strong relationship with Canadian Tire Corporation.
- Diversified portfolio of properties across Canada.
- High occupancy rates.
Bear Case
- Reliance on Canadian Tire as a major tenant.
- Exposure to the retail sector, which faces evolving consumer preferences.
- Limited geographic diversification outside of Canada.
- Ongoing: Reliance on Canadian Tire as a major tenant.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $158M | $54M | $0.36 |
| Q4 2025 | $153M | $88M | $0.64 |
| Q3 2025 | $151M | $54M | $0.36 |
| Q2 2025 | $150M | $103M | $0.37 |
Based on FMP financials and quantitative analysis
CTRRF Latest News
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CT REIT Declares Distribution for the Period of June 1, 2026 to June 30, 2026
Yahoo! Finance: CTRRF News · Jun 15, 2026
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CT Real Estate Investment Trust Debt Deal And Valuation Gap Explained
Yahoo! Finance: CTRRF News · Jun 2, 2026
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CT REIT Completes Offering of $300M 4.357% Series K Senior Unsecured Debentures due December 5, 2031
Yahoo! Finance: CTRRF News · May 28, 2026
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CT REIT: Loving The Predictable Dividend Increases
seekingalpha.com · May 27, 2026
CTRRF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for CTRRF.
Price Targets
Wall Street price target analysis for CTRRF.
CTRRF MoonshotScore
What does this score mean?
The MoonshotScore rates CTRRF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Latest News
CT REIT Declares Distribution for the Period of June 1, 2026 to June 30, 2026
CT Real Estate Investment Trust Debt Deal And Valuation Gap Explained
CT REIT Completes Offering of $300M 4.357% Series K Senior Unsecured Debentures due December 5, 2031
CT REIT: Loving The Predictable Dividend Increases
Leadership: Kevin Salsberg
CEO
Kevin Salsberg serves as the CEO of CT Real Estate Investment Trust. His background includes extensive experience in real estate investment and management. He has held various leadership positions within the real estate industry, demonstrating expertise in property acquisitions, development, and leasing. Salsberg's experience positions him to lead CT REIT in its strategic growth initiatives and maintain its strong performance in the Canadian REIT market.
Track Record: Under Kevin Salsberg's leadership, CT REIT has maintained a stable and growing income stream for its unitholders. He has overseen strategic property acquisitions and development projects that have expanded the REIT's portfolio. Salsberg has also focused on tenant diversification and adapting the REIT's properties to evolving market trends.
CTRRF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that CT Real Estate Investment Trust may not meet the listing requirements of higher tiers like OTCQX or OTCQB, or major exchanges like the NYSE or NASDAQ. Companies on this tier may have limited financial disclosure and may not be subject to the same regulatory oversight as exchange-listed companies. Investing in OTC Other stocks carries higher risks due to the potential for less transparency and liquidity compared to exchange-listed stocks.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited Financial Disclosure: OTC Other companies may have limited financial disclosure, making it difficult to assess their financial health.
- Lower Liquidity: OTC stocks typically have lower trading volumes, leading to wider bid-ask spreads and potential difficulty in buying or selling shares.
- Regulatory Oversight: OTC companies may not be subject to the same regulatory oversight as exchange-listed companies, increasing the risk of fraud or mismanagement.
- Price Volatility: OTC stocks can be more volatile than exchange-listed stocks due to lower trading volumes and less institutional investor participation.
- Information Asymmetry: Limited information availability can create information asymmetry, making it challenging for investors to make informed decisions.
- Verify the company's registration and regulatory filings.
- Review available financial statements and assess the company's financial health.
- Research the company's management team and their track record.
- Understand the company's business model and competitive landscape.
- Assess the liquidity of the stock and the potential for price volatility.
- Consult with a financial advisor to evaluate the risks and potential rewards.
- Check for any red flags or warning signs, such as regulatory actions or lawsuits.
- Established Relationship with Canadian Tire: The strong relationship with Canadian Tire Corporation provides a degree of legitimacy.
- Portfolio of Income-Producing Properties: The company's portfolio of income-producing properties demonstrates a tangible asset base.
- Regular Distributions to Unitholders: Consistent distributions to unitholders can indicate financial stability.
- Presence on the TSX: The company is listed on the Toronto Stock Exchange (TSX:CRT.UN), suggesting it meets certain listing requirements.
- Experienced Management Team: An experienced management team can provide confidence in the company's operations.
CT Real Estate Investment Trust Real Estate Stock: Key Questions Answered
What does CT Real Estate Investment Trust do?
CT Real Estate Investment Trust (CT REIT) is a Canadian REIT that owns and manages a portfolio of over 350 income-producing commercial properties, primarily net-leased, single-tenant retail properties located across Canada. Its primary tenant is Canadian Tire Corporation, Limited, which provides a stable revenue base. The REIT generates revenue through rental income from its properties and distributes a portion of its income to unitholders.
What are the main risks for CTRRF?
The main risks for CT Real Estate Investment Trust include its reliance on Canadian Tire as a major tenant, which could impact revenue if Canadian Tire's performance declines. Other risks include potential economic downturns that could affect retail sales, rising interest rates that could increase borrowing costs, increased competition from other REITs, and changes in consumer preferences and shopping habits.
How does CT Real Estate Investment Trust compare to competitors in its industry?
CT Real Estate Investment Trust competes with other retail-focused REITs such as Choice Properties Real Estate Investment Trust (CTRGF) and Crombie Real Estate Investment Trust (CWYUF). CTRRF's strategic alignment with Canadian Tire differentiates it, providing a stable tenant base. However, this also creates a concentration risk. Competitors may have more diversified tenant portfolios or focus on different property types, such as grocery-anchored centers or urban retail properties.
What are the key financial metrics investors watch for CTRRF?
Key financial metrics investors watch for CT Real Estate Investment Trust include its funds from operations (FFO), adjusted funds from operations (AFFO), net operating income (NOI), and same-property NOI growth. These metrics provide insights into the REIT's profitability and operational performance. Investors also monitor its dividend yield, payout ratio, and debt levels to assess its financial stability and ability to sustain distributions.
What are the key factors to evaluate for CTRRF?
CT Real Estate Investment Trust (CTRRF) holds an AI score of 53/100 (moderate). P/E: 6.7x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does CTRRF data refresh on this page?
CTRRF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven CTRRF's recent stock price performance?
CT Real Estate Investment Trust (CTRRF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Stable income stream from long-term net leases. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider CTRRF overvalued or undervalued right now?
CT Real Estate Investment Trust (CTRRF) trades at 6.7x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- OTC market data may be less reliable than exchange-listed data.
- AI analysis is pending and may provide additional insights.