First Capital Real Estate Investment Trust
Research First Capital Real Estate Investment Trust (FCR-UN) on Bullrun: market cap CAD 4.87B, P/E 4.7, dividend yield 3.3%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerFCR-UN
- ExchangeTO
- CountryCanada
- SectorReal Estate
- IndustryREIT - Retail
- CurrencyCAD
- Market capCAD 4.87B
- P/E4.7
- Dividend yield3.3%
- Financial periodQ2 2026
- RevenueCAD 185.87M
- Net incomeCAD 24.21M
- Free cash flowCAD 8.86M
- Gross margin63.5%
Valuation Snapshot
latest market cap is CAD 4.87B; P/E is 4.7; dividend yield is 3.3%.
Peer valuation comparison
Latest P/E is 4.71x versus a Real Estate sector median of 14.84x (68.3% below).
Latest dividend yield is 3.3% versus a Real Estate sector median of 4.71% (29.9% below).
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-15 | CAD 4.87B | 4.7 | 4.0% | 0.9 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.9 CAD, yield 3.3%.
| Year | Dividends/share |
|---|---|
| FY2025 | 0.89 CAD |
About First Capital Real Estate Investment Trust
First Capital Real Estate Investment Trust is an unincorporated, open-ended mutual fund trust. First Capital owns and operates, acquires, and develops open-air grocery-anchored shopping centres in neighborhoods with the strongest demographics in Canada. The Trust is listed on the Toronto Stock Exchange. On November 24, 2025, the Trust's unitholders approved an internal tax reorganization that was completed by way of a plan of arrangement (the Arrangement).
Related stock research
Other Real Estate stocks
Frequently asked questions
What is First Capital Real Estate Investment Trust's market cap?
First Capital Real Estate Investment Trust's market capitalization is CAD 4.87B.
What is First Capital Real Estate Investment Trust's P/E ratio?
First Capital Real Estate Investment Trust's price-to-earnings (P/E) ratio is 4.7.
Does First Capital Real Estate Investment Trust pay a dividend?
First Capital Real Estate Investment Trust has a dividend yield of 3.3%.
What does First Capital Real Estate Investment Trust do?
First Capital Real Estate Investment Trust is an unincorporated, open-ended mutual fund trust. First Capital owns and operates, acquires, and develops open-air grocery-anchored shopping centres in neighborhoods with the strongest demographics in Canada. The Trust is listed on the Toronto Stock Exchange. On November 24, 2025, the Trust's unitholders approved an internal tax reorganization that was completed by way of a plan of arrangement (the Arrangement). The Arrangement simplified First Capital's organizational structure by eliminating First Capital Realty Inc.