PMREF (Primaris REIT) FFO per Share: $1.32 (TTM As of Mar. 2026)


PMREF Primaris REIT PMREF
82 GF Score
Price $14.75
GF Value $12.89
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Primaris REIT FFO per Share?

Primaris REIT PMREF 82 FFO per Share is $1.32 as of Mar. 2026. GuruFocus rates PMREF with a GF Score™ of 82/100 and a GF Value™ of $12.89 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Primaris REIT's FFO per Share for the three months ended in Mar. 2026 was $0.31. Primaris REIT's FFO per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $1.32.

Primaris REIT FFO per Share Related Terms

Primaris REIT FFO per Share Historical Data

* Premium members only.

The historical data trend for Primaris REIT's FFO per Share 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.

Primaris REIT FFO per Share Chart

Primaris REIT Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FFO per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 1.17 1.18 1.15 1.24

Primaris REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FFO per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 0.32 0.32 0.38 0.31

PMREF vs SPG, O, KIM: FFO per Share Comparison

For the REIT - Retail subindustry, Primaris REIT's Price-to-FFO, along with its competitors' market caps and Price-to-FFO 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 Price-to-FFO vs REITs Industry

For the REITs industry and Real Estate sector, Primaris REIT's Price-to-FFO distribution charts can be found below:

* The bar in red indicates where Primaris REIT's Price-to-FFO falls into.


PMREF
82GF Score
Primaris REIT PMREF
FFO per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Primaris REIT FFO per Share Calculation

FFO per Share is the amount of funds from operations per outstanding share of the REITs stock.

Primaris REIT's FFO per Share for the fiscal year that ended in Dec. 2025 is calculated as

FFO per Share (A: Dec. 2025 )=FFO (A: Dec. 2025 /Shares Outstanding (Diluted Average) (A: Dec. 2025 )
=145.735/117.960
=1.24

Primaris REIT's FFO per Share for the quarter that ended in Mar. 2026 is calculated as

FFO per Share (Q: Mar. 2026 )=FFO (Q: Mar. 2026 )/Shares Outstanding (Diluted Average) (Q: Mar. 2026 )
=36.24/117.765
=0.31

FFO per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.32

* 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.

Frequently Asked Questions Learn more about FFO per Share →
What does a FFO per Share of $1.32 mean?
Primaris REIT (PMREF) has a FFO per Share of $1.32 as of Mar. 2026. For REITs, funds from operations equal earnings plus depreciation less gain on sales. View historical data on Primaris REIT and its competitors.
Is Primaris REIT's FFO per Share too high?
Primaris REIT's current FFO per Share is $1.32. Overall, Primaris REIT has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Primaris REIT's FFO per Share compare to SPG and O?
Primaris REIT's FFO per Share of $1.32 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FFO per Share for a REITs company?
A good FFO per Share depends on the REITs industry context. However, FFO per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FFO per Share mean?
A high FFO per Share can signal that a stock is expensive relative to its fundamentals. For REITs, funds from operations equal earnings plus depreciation less gain on sales. View historical data on Primaris REIT and its competitors. Primaris REIT's current FFO per Share is $1.32. 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 Modestly Overvalued. The stock's GF Value™ is $12.89, compared to a current price of $14.75 — trading 14.4% above its estimated fair value. The current FFO per Share is $1.32. Primaris REIT's overall GF Score™ is 82/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FFO per Share calculated?
FFO per Share is calculated from a company's financial statements. For Primaris REIT (PMREF), the current FFO per Share is $1.32 as of Mar. 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 $14.75 is trading 14.4% above its estimated GF Value™ of $12.89. GuruFocus considers Primaris REIT to be Modestly Overvalued.

Key valuation signals for PMREF:

  • FFO per Share: $1.32
  • GF Value™: $12.89 vs. price of $14.75 (14.4% above fair value)
  • GF Score™: 82/100 with 8 warning signs

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 Business Description

Industry Real EstateREITs
Other Exchanges H0D:GermanyPMZ.UN:Canada
Address 181 Bay Street, Suite 2720, Brookfield Place, Toronto, ON, CAN, M5J 2T3
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.
82GF Score

Get the complete analysis for PMREF

FFO per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.75
Price
$12.89
GF Value