Crombie Real Estate Investment Trust (TSE:CRR.UN – Get Free Report)’s share price reached a new 52-week high on Wednesday . The stock traded as high as C$17.92 and last traded at C$17.81, with a volume of 136633 shares changing hands. The stock had previously closed at C$17.69.
Analyst Ratings Changes
A number of equities analysts have recently issued reports on CRR.UN shares. Royal Bank Of Canada upped their price objective on Crombie Real Estate Investment Trust from C$16.50 to C$18.00 and gave the stock a “sector perform” rating in a report on Wednesday, May 13th. TD increased their price target on shares of Crombie Real Estate Investment Trust from C$17.50 to C$18.00 and gave the company a “buy” rating in a research report on Monday, May 11th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Crombie Real Estate Investment Trust has a consensus rating of “Moderate Buy” and a consensus target price of C$17.62.
Check Out Our Latest Analysis on Crombie Real Estate Investment Trust
Crombie Real Estate Investment Trust Stock Up 0.7%
Crombie Real Estate Investment Trust (TSE:CRR.UN – Get Free Report) last released 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 firm had revenue of C$130.30 million during the quarter. As a group, sell-side analysts forecast that Crombie Real Estate Investment Trust will post 0.6535637 earnings per share for the current year.
Crombie Real Estate Investment Trust Increases Dividend
The firm also recently announced a monthly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, July 15th will be paid a $0.0758 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This is a boost from Crombie Real Estate Investment Trust’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a dividend yield of 5.1%. Crombie Real Estate Investment Trust’s payout ratio is -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.
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