Reits healthcare - Stocktrades Canada

i have two reits Chartwell and sienna that were purchased a number of years ago .they recently lost a lot of their value. I noticed that both are not very well rated in your screener. Any recommendations as to whether I should just sell them and invest in something else. I am open to suggestions

i am recently retired and looking for income mainly but also growth

thanks

pierre

if you have the custom reports for both sienna and Chartwell I wouldn’t mind taking a look at them

Marked as spam

Asked on May 17, 2020 12:57 pm

4 views

▲

▼

✔

Private answer

Hey Pierre. So, our real estate portion should be looked at a little differently.

Our primary screener is a growth screener. With most REITs being focused on dividend payments to investors, a lack of growth would lower their grade.

Also, REIT growth estimates are very difficult to find. This is why you'll see some of them have N/A for both sales and growth estimates.

We are currently working on our end to develop something a little more reliable for REITs. In the mean time, the best way to go about it is to compare them to each other and ignore how they rank on an overall basis.

In terms of our dividend screener, it's a little harder to rank them as well. Just because payout ratios in terms of earnings and cash flows could be far fetched with REITs and the most reliable payout ratios are in terms of Funds From Operations (FFO). We are currently looking at ways to improve this as well.

By Sienna, do you mean Sienna Senior Living (SIA)?

If so, it's actually one of our best ranked healthcare stocks in terms of growth.

Let me know if you have any other questions.

Marked as spam

Posted by Dan Kent

Answered on May 19, 2020 9:54 am

« Back to Previous Page