PPRQF
Choice Properties Real Estate Investment Trust
OTC Markets OTCPKUSDEQUITY
Real Estate
DELAYED
Sell
-43/100
Last price
10.26
▼ 0.08 (0.77%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
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Open
—
Prev close
10.34
Day high
10.26
Day low
10.26
Volume
100
Market cap
$7.47B
P/E (TTM)
—
52W range
10.23 – 11.81
Trailing performance
Returnvs SPY
1W
-1.47%
-3.4%
1M
-7.82%
-9.3%
3M
-13.12%
-16.6%
6M
-10.94%
-26.0%
YTD
-4.74%
-18.8%
1Y
-2.93%
-18.7%
3Y
+9.80%
-72.2%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on PPRQF open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
64.47M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Jul 29, 26 | Kazarian (Diane Ann) Director of Issuer |
BUY | 3.12K | $35.52K | Indirect |
| May 27, 26 | Kazarian (Diane Ann) Director of Issuer |
BUY | 3.12K | $35.75K | Indirect |
| May 8, 26 | Cole (Simone Elizabeth Jasmine) Senior Officer of Issuer |
BUY | 12.67K | $142.85K | Indirect |
| May 8, 26 | Collins (Niall Gerard) Senior Officer of Issuer |
BUY | 8.37K | $94.31K | Indirect |
| May 8, 26 | Diamond (Rael Lee) Director of Issuer |
BUY | 117.93K | $1.33M | Indirect |
| May 8, 26 | Johnston (Erin Heather) Senior Officer of Issuer |
BUY | 19.49K | $219.77K | Indirect |
| May 8, 26 | Muallim (David) Senior Officer of Issuer |
BUY | 8.71K | $98.22K | Indirect |
| Apr 29, 26 | Muallim (David) Senior Officer of Issuer |
— | 0 | — | Indirect |
| Apr 29, 26 | Muallim (David) Senior Officer of Issuer |
— | 0 | — | Indirect |
| Apr 29, 26 | Muallim (David) Senior Officer of Issuer |
— | 0 | — | Indirect |
| Mar 16, 26 | Collins (Niall Gerard) Senior Officer of Issuer |
— | 403 | — | Indirect |
| Mar 16, 26 | Collins (Niall Gerard) Senior Officer of Issuer |
— | 86 | — | Indirect |
| Mar 16, 26 | Diamond (Rael Lee) Director of Issuer |
— | 790 | — | Indirect |
| Mar 16, 26 | Diamond (Rael Lee) Director of Issuer |
— | 146 | — | Indirect |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
Bunston (Andrew Michael) |
Director or Senior Officer of 10% Security Holder | — | Acquisition or disposition under a purchase/ownership plan |
Choice Properties Real Estate Investment Trust |
Issuer | 0 | Redemption, retraction, cancelation, repurchase |
Cole (Simone Elizabeth Jasmine) |
Senior Officer of Issuer | — | Acquisition or disposition in the public market |
Collins (Niall Gerard) |
Senior Officer of Issuer | — | Acquisition or disposition in the public market |
Diamond (Rael Lee) |
Director of Issuer | — | Acquisition or disposition in the public market |
Johnston (Erin Heather) |
Senior Officer of Issuer | — | Acquisition or disposition in the public market |
Kazarian (Diane Ann) |
Director of Issuer | — | Acquisition or disposition in the public market |
Muallim (David) |
Senior Officer of Issuer | — | Acquisition or disposition in the public market |
Stymiest (Barbara Gayle) |
Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) | 0 | Acquisition or disposition in the public market |
Weston (Willard Galen Garfield) |
Director or Senior Officer of 10% Security Holder | — | Acquisition or disposition in the public market |
Fundamentals
Market cap$7.47B
Enterprise value$16.57B
Revenue (TTM)$1.46B
Gross profit$1.05B
EBITDA$978.39M
Net income$-74.28M
EPS (TTM)$-0.07
Free cash flow$223.40M
Total cash$49.60M
Total debt$13.26B
Book value / share$9.21
Shares outstanding328.02M
Float315.34M
Short % of float—
Dividend yield5.33%
Beta (5Y)0.76
Valuation & profitability ratios
Trailing P/E—
Forward P/E—
PEG ratio—
Price / sales—
Price / book1.11
EV / revenue11.38
EV / EBITDA16.94
Gross margin71.89%
Operating margin64.27%
Profit margin-5.10%
Return on equity-1.70%
Return on assets3.42%
Debt / equity316.24
Current ratio0.28
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $1.41B | $1.37B | $1.33B | $1.26B | +3.3% |
| Operating revenue | $1.12B | $1.09B | $1.06B | $1.02B | +3.2% |
| Cost of revenue | $399.14M | $390.80M | $390.07M | $363.95M | +2.1% |
| Gross profit | $1.02B | $978.57M | $944.74M | $900.64M | +3.8% |
| Selling, general & admin | $62.48M | $66.58M | $62.92M | $46.62M | -6.2% |
| Total operating expense | $64.72M | $68.83M | $65.23M | $48.82M | -6.0% |
| Operating income | $950.75M | $909.74M | $879.51M | $851.82M | +4.5% |
| Net interest income | -$558.29M | -$537.00M | -$526.63M | -$509.50M | -4.0% |
| Pre-tax income | -$59.24M | $783.37M | $796.69M | $744.14M | -107.6% |
| Tax provision | $1.94M | -$1.07M | $1.00K | -$117.00K | +281.9% |
| Net income | -$61.19M | $784.44M | $796.69M | $744.25M | -107.8% |
| Net income to common | -$61.19M | $784.44M | $796.69M | $744.25M | -107.8% |
| Basic EPS | -0.08 | 1.08 | 1.10 | 1.03 | -107.8% |
| Diluted EPS | -0.09 | 1.08 | 1.10 | 1.03 | -107.8% |
| EBIT | $533.80M | $1.37B | $1.36B | $1.28B | -60.9% |
| EBITDA | $536.04M | $1.37B | $1.36B | $1.28B | -60.8% |
| Basic shares | 723.80M | 723.67M | 723.64M | 723.48M | +0.0% |
| Diluted shares | 723.80M | 723.68M | 723.67M | 723.52M | +0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $71.18M | $63.39M | $252.42M | $64.74M | — | +12.3% |
| Cash & short-term investments | $71.18M | $63.39M | $252.42M | $64.74M | — | +12.3% |
| Accounts receivable | $85.02M | $84.89M | $113.66M | $80.03M | — | +0.2% |
| Inventory | $2.10M | $2.10M | $8.68M | $18.79M | — | 0.0% |
| Total current assets | $740.50M | $824.94M | $946.49M | $692.43M | — | -10.2% |
| Property, plant & equipment | — | — | $195.46M | $109.51M | $86.60M | — |
| Goodwill & intangibles | $11.96M | $12.96M | $13.96M | $21.37M | — | -7.7% |
| Total assets | $17.91B | $17.56B | $17.31B | $16.82B | — | +2.0% |
| Total current liabilities | $1.16B | $1.35B | $1.66B | $1.23B | — | -13.6% |
| Current debt | $506.62M | $682.91M | $964.50M | $655.73M | — | -25.8% |
| Long-term debt | $6.30B | $6.00B | $5.73B | $5.90B | — | +4.9% |
| Total debt | $6.80B | $6.68B | $6.70B | $6.55B | — | +1.8% |
| Total liabilities | $7.47B | $7.37B | $7.42B | $7.15B | — | +1.3% |
| Retained earnings | $3.10B | $3.16B | $2.38B | $1.58B | — | -1.9% |
| Shareholder equity | $10.45B | $10.18B | $9.89B | $9.67B | — | +2.6% |
| Working capital | -$421.42M | -$520.41M | -$716.46M | -$541.77M | — | +19.0% |
| Net tangible assets | $10.43B | $10.17B | $9.88B | $9.64B | — | +2.6% |
| Shares issued | 723.81M | 723.71M | 723.65M | 723.56M | — | +0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | -$61.19M | $784.44M | $796.69M | $744.25M | -107.8% |
| Depreciation & amortisation | $1.00M | $1.00M | $1.00M | $1.00M | 0.0% |
| Stock-based compensation | $8.76M | $5.48M | $5.37M | $7.97M | +59.7% |
| Change in working capital | -$32.21M | -$21.30M | -$40.20M | -$3.90M | -51.3% |
| Operating cash flow | $697.71M | $724.73M | $641.97M | $668.42M | -3.7% |
| Investing cash flow | -$550.46M | -$584.21M | -$361.35M | -$656.68M | +5.8% |
| Dividends paid | -$251.47M | -$248.37M | -$245.07M | -$364.51M | -1.2% |
| Financing cash flow | -$139.45M | -$329.56M | -$92.94M | -$31.30M | +57.7% |
| Free cash flow | $697.71M | $724.73M | $641.97M | $668.42M | -3.7% |
| End cash position | $71.18M | $63.39M | $252.42M | $64.74M | +12.3% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Total revenue | $361.33M | $361.19M | $354.44M | — | $350.78M | $346.91M | +0.0% |
| Operating revenue | $289.61M | $290.35M | $271.26M | — | $280.73M | $281.29M | -0.3% |
| Cost of revenue | $105.30M | $105.09M | $100.50M | — | $99.22M | $101.06M | +0.2% |
| Gross profit | $256.03M | $256.10M | $253.94M | — | $251.56M | $245.85M | -0.0% |
| Selling, general & admin | $16.47M | $16.06M | $17.74M | $15.65M | $14.66M | — | +2.6% |
| Total operating expense | $17.02M | $16.31M | $18.29M | — | $15.23M | $14.99M | +4.4% |
| Operating income | $239.01M | $239.79M | $235.65M | — | $236.33M | $230.86M | -0.3% |
| Net interest income | -$142.21M | -$139.05M | -$141.02M | -$141.40M | -$139.94M | — | -2.3% |
| Pre-tax income | -$176.38M | -$87.19M | -$51.42M | — | -$154.25M | -$96.23M | -102.3% |
| Tax provision | $2.00K | $1.00K | $1.94M | — | $1.00K | $1.00K | +100.0% |
| Net income | -$176.38M | -$87.19M | -$53.36M | — | -$154.25M | -$96.23M | -102.3% |
| Net income to common | -$176.38M | -$87.19M | -$53.36M | — | -$154.25M | -$96.23M | -102.3% |
| Basic EPS | -0.24 | -0.12 | — | — | -0.21 | -0.13 | -102.3% |
| Diluted EPS | -0.24 | -0.12 | — | — | -0.21 | -0.13 | -102.3% |
| EBIT | -$26.58M | $61.73M | $98.21M | — | -$6.40M | $48.90M | -143.1% |
| EBITDA | -$26.04M | $61.98M | $98.76M | $393.66M | -$5.83M | — | -142.0% |
| Basic shares | 723.81M | 723.81M | — | — | 723.81M | 723.81M | 0.0% |
| Diluted shares | 723.81M | 723.81M | — | — | 723.81M | 723.81M | 0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $45.74M | $34.76M | $71.18M | $25.36M | $105.06M | +31.6% |
| Cash & short-term investments | $45.74M | $34.76M | $71.18M | $25.36M | $105.06M | +31.6% |
| Accounts receivable | $137.53M | $98.71M | $85.02M | $124.69M | $114.89M | +39.3% |
| Inventory | $2.10M | $2.10M | $2.10M | $2.10M | $2.10M | 0.0% |
| Total current assets | $539.73M | $475.18M | $740.50M | $515.98M | $491.65M | +13.6% |
| Goodwill & intangibles | $11.46M | $11.71M | $11.96M | $12.46M | $12.71M | -2.1% |
| Total assets | $17.96B | $17.72B | $17.91B | $17.72B | $17.29B | +1.3% |
| Total current liabilities | $1.58B | $894.16M | $1.16B | $1.10B | $741.95M | +76.1% |
| Current debt | $1.07B | $503.82M | $506.62M | $602.39M | $342.97M | +111.4% |
| Long-term debt | $5.72B | $6.31B | $6.30B | $6.22B | $6.28B | -9.4% |
| Total debt | $6.79B | $6.82B | $6.80B | $6.82B | $6.63B | -0.4% |
| Total liabilities | $7.30B | $7.21B | $7.47B | $7.32B | $7.03B | +1.2% |
| Retained earnings | $2.84B | $3.01B | $3.10B | $2.91B | $3.06B | -5.9% |
| Shareholder equity | $10.66B | $10.51B | $10.45B | $10.41B | $10.26B | +1.4% |
| Working capital | -$1.04B | -$418.98M | -$421.42M | -$579.29M | -$250.30M | -147.1% |
| Net tangible assets | $10.65B | $10.50B | $10.43B | $10.39B | $10.25B | +1.4% |
| Shares issued | 723.81M | 723.81M | 723.81M | 723.81M | 723.81M | 0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$176.38M | -$87.19M | -$53.36M | -$154.25M | -$96.23M | -102.3% |
| Depreciation & amortisation | $250.00K | $250.00K | $250.00K | $250.00K | $250.00K | 0.0% |
| Stock-based compensation | $3.04M | $1.94M | $2.45M | $2.50M | $1.82M | +56.7% |
| Change in working capital | -$27.68M | -$28.23M | $47.14M | -$28.58M | -$47.61M | +2.0% |
| Operating cash flow | $158.92M | $126.05M | $232.50M | $160.04M | $139.36M | +26.1% |
| Investing cash flow | -$47.90M | -$111.76M | -$70.69M | -$369.22M | $25.77M | +57.1% |
| Dividends paid | -$63.97M | -$63.14M | -$63.14M | -$63.05M | -$62.31M | -1.3% |
| Financing cash flow | -$100.04M | -$50.71M | -$125.64M | $129.49M | -$123.46M | -97.3% |
| Free cash flow | $158.92M | $126.05M | $232.50M | $160.04M | $139.36M | +26.1% |
| End cash position | $45.74M | $34.76M | $71.18M | $25.36M | $105.06M | +31.6% |
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | — | — | $0 | — |
| Next quarter | — | — | $0 | — |
| Current year | — | — | $1.64B | +8.2% |
| Next year | — | — | $1.98B | +20.5% |
Analyst targets & ownership
Mean target—
High target—
Low target—
Implied upside—
Analyst count—
ConsensusNONE
Strong buy / Buy— / —
Hold—
Sell / Strong sell— / —
Held by insiders19.65%
Held by institutions32.60%
Institutions holding120
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
10.36
-0.97% from price
SMA 20
10.64
-3.54% from price
SMA 50
11.05
-7.13% from price
SMA 100
11.28
-9.06% from price
SMA 200
11.28
-9.06% from price
EMA 12
10.44
-1.77% from price
EMA 26
10.68
-3.92% from price
EMA 50
10.92
-6.08% from price
RSI (14)
18.3
Oversold
MACD (12,26,9)
-0.23
Hist -0.01
ATR (14)
0.09
0.89% of price
Realised vol 30D
15.4%
Annualised
Bollinger upper
11.32
20, 2σ
Bollinger lower
9.95
20, 2σ
50 / 200 cross
Death
11.05 vs 11.28
Trend bias
Below 200
-9.06%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
-0.10
Less volatile than market
Correlation to SPY
-0.10
Largely independent
Realised vol 30D
15.4%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-13.4%
Peak to trough
Max drawdown 5Y
-45.4%
Peak to trough
ATR 14
0.09
0.89% of price
Beta (reported)
0.76
5Y monthly, from filing
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jun 14, 24 | Raymond James | INITIATED | — | Outperform |
Dividends & splits
Forward rate$0.55 / yr
Forward yield5.33%
5-year avg yield5.29%
Payout ratio70.68%
Ex-dividend dateSep 29, 2026
Next pay dateApr 15, 2026
Last split—
Split date—
Headlines
Choice Properties Real Estate Investment Trust Schedules Third Quarter 2026 Results Release
Business Wire · 8d ago
Choice Properties Closed Private Placement of CA$300 Million of Series Y Senior Unsecured Debentures
MT Newswires · 15d ago
Choice Properties Real Estate Investment Trust Completes Issuance of $300 million of Series Y Senior Unsecured Debentures
Business Wire · 15d ago
Choice Properties REIT to Issue CA$300 million of Series Y Senior Unsecured Debentures
MT Newswires · 21d ago
Choice Properties Real Estate Investment Trust Announces Issuance of $300 million of Series Y Senior Unsecured Debentures
Business Wire · 22d ago
Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of September, 2026
Business Wire · 22d ago
George Weston Ltd's Dividend Analysis
GuruFocus.com · 22d ago
Choice Properties Real Estate Investment Trust's Dividend Analysis
GuruFocus.com · 37d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.