Crombie Real Estate Investment Trust (TSE:CRR.UN) Reaches New 12-Month High – What’s Next?

Crombie Real Estate Investment Trust (TSE:CRR.UN) shares hit a new 52-week high on Monday . The company traded as high as C$17.22 and last traded at C$17.20, with a volume of 20410 shares. The stock had previously closed at C$17.12.

Analysts Set New Price Targets

Separately, Raymond James Financial lowered shares of Crombie Real Estate Investment Trust from a “strong-buy” rating to an “outperform” rating in a research note on Wednesday, January 14th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of C$17.25.

Crombie Real Estate Investment Trust Stock Down 0.8%

The company has a market cap of C$3.13 billion, a price-to-earnings ratio of -59.88 and a beta of 0.73. The company has a current ratio of 0.14, a quick ratio of 0.11 and a debt-to-equity ratio of 120.87. The business has a fifty day moving average price of C$16.12 and a two-hundred day moving average price of C$15.64.

Crombie Real Estate Investment Trust (TSE:CRR.UN) last issued its earnings results on Tuesday, February 10th. The company reported C$0.96 earnings per share for the quarter. The company had revenue of C$124.67 million for the quarter. Crombie Real Estate Investment Trust had a return on equity of 6.00% and a net margin of 24.18%. On average, equities analysts predict that Crombie Real Estate Investment Trust will post 0.6535637 earnings per share for the current year.

Crombie Real Estate Investment Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, May 15th. Stockholders of record on Friday, May 15th will be issued a $0.075 dividend. The ex-dividend date is Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%. Crombie Real Estate Investment Trust’s dividend payout ratio is currently -319.64%.

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.