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Primaris REITPMREF 84 Buyback Yield % is 0.72 as of Aug. 09, 2026, which is 78% below its 10-year median of 3.20. GuruFocus rates PMREF with a GF Score™ of 84/100 and a GF Value™ of $12.56 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 348 REITs companies, Primaris REIT ranks better than 69.54% on this metric.
Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.
The historical data trend for Primaris REIT's Buyback Yield % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the REIT - Retail subindustry, Primaris REIT's Buyback Yield %, along with its competitors' market caps and Buyback Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Primaris REIT Buyback Yield % vs REITs Industry
For the REITs industry and Real Estate sector, Primaris REIT's Buyback Yield % distribution charts can be found below:
* The bar in red indicates where Primaris REIT's Buyback Yield % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Primaris REIT (PMREF) has a Buyback Yield % of 0.72 as of Aug. 09, 2026. Share buyback yield equals the net issuance of stock divided by market cap. View historical data on Primaris REIT and its competitors. This is 78% below median its historical median of 3.20. According to the industry distribution chart, Primaris REIT ranks #106 out of 348 companies in the REITs industry, placing it in the top 30.5%.
Is Primaris REIT's Buyback Yield % too high?
Primaris REIT's current Buyback Yield % of 0.72 is 78% below median its 10-year median of 3.20. The REITs industry median Buyback Yield % is 0.03. Primaris REIT's value of 0.72 is 2300% above this industry median. Based on the distribution chart, Primaris REIT ranks #106 out of 348 companies in the REITs industry, which is above the industry midpoint. Overall, Primaris REIT has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Primaris REIT's Buyback Yield % compare to SPG and O?
According to the REITs industry distribution chart, Primaris REIT ranks #106 out of 348 companies for Buyback Yield %. This puts Primaris REIT in the upper half of its industry. The industry median Buyback Yield % is 0.03. Primaris REIT's value of 0.72 is 2300% above this benchmark. While the company's 10-year median is 3.20 vs. the industry median of 0.03, Primaris REIT has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Buyback Yield % for a REITs company?
The median Buyback Yield % among REITs companies is 0.03, based on 348 companies in the industry. Companies in the top quartile (top 25%) have a Buyback Yield % significantly above this median, while those in the bottom quartile fall well below. However, Buyback Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Primaris REIT's current Buyback Yield % of 0.72 is 2300% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Buyback Yield % mean?
A high Buyback Yield % can signal that a stock is expensive relative to its fundamentals. Share buyback yield equals the net issuance of stock divided by market cap. View historical data on Primaris REIT and its competitors. For the REITs industry, the median Buyback Yield % is 0.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Primaris REIT's current Buyback Yield % is 0.72, which is 78% below median its own 10-year median of 3.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primaris REIT stock overvalued right now?
Based on GuruFocus' analysis, Primaris REIT (PMREF) is currently considered Significantly Overvalued. The stock's GF Value™ is $12.56, compared to a current price of $16.50 — trading 31.4% above its estimated fair value. The current Buyback Yield % is 0.72, which is 78% below median its 10-year median of 3.20 and 2300% above the REITs industry median of 0.03. Primaris REIT's overall GF Score™ is 84/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Buyback Yield % calculated?
Buyback Yield % is calculated from a company's financial statements. For Primaris REIT (PMREF), the current Buyback Yield % is 0.72 as of Aug. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Primaris REIT (PMREF) Overvalued in 2026?
Based on GuruFocus' analysis, Primaris REIT stock appears to be overvalued.
The current stock price of $16.50 is trading 31.4% above its estimated GF Value™ of $12.56.
GuruFocus considers Primaris REIT to be Significantly Overvalued.
Key valuation signals for PMREF:
Buyback Yield %: 0.72 (78% below median its 10-year median of 3.20)
GF Value™: $12.56 vs. price of $16.50 (31.4% above fair value)
Industry Position: 2300% above the REITs median (#106 of 348)
No single metric tells the full story. See the PMREF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Primaris REIT is an unincorporated, open-ended real estate investment trust. Through its subsidiaries, it owns, develops, and operates a national retail portfolio focused on enclosed shopping centres located in secondary Canadian markets. Its property portfolio includes: Dufferin Mall, Cataraqui Centre, Stone Road Mall, Orchard Park, Kildonan Place, Halifax Shopping Centre, Marlborough Mall, and Devonshire Mall. The company generates a majority of its revenue from the Rent receivables.
84GF Score
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