Crombie Real Estate Investment Trust (TSE:CRR.UN) Share Price Crosses Above 200-Day Moving Average – Here’s Why

Crombie Real Estate Investment Trust (TSE:CRR.UN) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$16.69 and traded as high as C$17.44. Crombie Real Estate Investment Trust shares last traded at C$17.07, with a volume of 168,267 shares trading hands.

Analysts Set New Price Targets

A number of brokerages have recently commented on CRR.UN. TD increased their price objective on Crombie Real Estate Investment Trust from C$17.50 to C$18.00 and gave the company a “buy” rating in a report on Monday, May 11th. Royal Bank Of Canada upped their target price on 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. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Crombie Real Estate Investment Trust has an average rating of “Moderate Buy” and an average price target of C$17.62.

Crombie Real Estate Investment Trust Stock Down 0.4%

The company has a current ratio of 0.14, a quick ratio of 0.10 and a debt-to-equity ratio of 120.87. The firm’s fifty day moving average is C$17.43 and its 200 day moving average is C$16.69. The stock has a market cap of C$3.20 billion, a P/E ratio of -65.82 and a beta of 0.76.

Crombie Real Estate Investment Trust (TSE:CRR.UN) last posted its quarterly earnings data on Wednesday, May 6th. The company reported C$0.65 earnings per share for the quarter. Crombie Real Estate Investment Trust had a return on equity of 6.00% and a net margin of 24.18%.The business had revenue of C$130.30 million during the quarter. As a group, equities research analysts forecast that Crombie Real Estate Investment Trust will post 0.6535637 EPS for the current year.

Crombie Real Estate Investment Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, August 14th. Shareholders of record on Friday, August 14th will be given a $0.0758 dividend. This represents a c) annualized dividend and a yield of 5.3%. The ex-dividend date of this dividend is Friday, July 31st. Crombie Real Estate Investment Trust’s payout ratio is currently -345.76%.

Crombie Real Estate Investment Trust Company Profile

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.