Crombie Real Estate Investment Trust (TSE:CRR.UN) Sets New 52-Week High – Here’s What Happened

Shares of Crombie Real Estate Investment Trust (TSE:CRR.UN) hit a new 52-week high during trading on Friday . The stock traded as high as C$17.31 and last traded at C$17.24, with a volume of 14106 shares traded. The stock had previously closed at C$17.19.

Analysts Set New Price Targets

CRR.UN has been the subject of several recent analyst reports. Royal Bank Of Canada raised their price objective on shares of Crombie Real Estate Investment Trust from C$16.50 to C$18.00 and gave the stock a “sector perform” rating in a research report on Wednesday, May 13th. TD raised their price objective on shares of Crombie Real Estate Investment Trust from C$17.50 to C$18.00 and gave the stock a “buy” rating in a research report on Monday, May 11th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$17.63.

Crombie Real Estate Investment Trust Trading Up 0.3%

The business has a fifty day moving average of C$16.45 and a 200-day moving average of C$15.89. The company has a debt-to-equity ratio of 120.87, a quick ratio of 0.11 and a current ratio of 0.14. The company has a market capitalization of C$3.23 billion, a P/E ratio of -66.48 and a beta of 0.77.

Crombie Real Estate Investment Trust (TSE:CRR.UN) last issued its earnings results on Wednesday, May 6th. The company reported C$0.65 earnings per share (EPS) for the quarter. Crombie Real Estate Investment Trust had a return on equity of 6.00% and a net margin of 24.18%.The company had revenue of C$130.30 million for the quarter. Analysts anticipate that Crombie Real Estate Investment Trust will post 0.6535637 earnings per share for the current fiscal year.

Crombie Real Estate Investment Trust Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 15th were issued a $0.075 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date was Thursday, April 30th. Crombie Real Estate Investment Trust’s dividend payout ratio (DPR) is currently -345.76%.

About Crombie Real Estate Investment Trust

Crombie invests in real estate with a vision of enriching communities together by building spaces and value today that leave a positive impact on tomorrow. As one of the country’s leading owners, operators, and developers of quality real estate assets, Crombie’s portfolio primarily includes grocery-anchored retail, retail-related industrial, and mixed-use residential properties. As at September 30, 2025, our portfolio contained 306 properties comprising approximately 18.8 million square feet, inclusive of joint ventures at Crombie’s share, and a significant pipeline of future development projects.