Bsr Real Estate Investment Trust (TSE:HOM.U) Shares Up 0.4% – What’s Next?

Bsr Real Estate Investment Trust (TSE:HOM.U) shares rose 0.4% on Tuesday . The stock traded as high as C$12.55 and last traded at C$12.39. Approximately 7,685 shares were traded during mid-day trading, a decline of 70% from the average daily volume of 25,971 shares. The stock had previously closed at C$12.34.

Analysts Set New Price Targets

Several research analysts recently commented on HOM.U shares. National Bank Financial raised their price objective on shares of Bsr Real Estate Investment Trust from C$12.50 to C$13.00 and gave the stock a “sector perform” rating in a report on Friday, December 12th. Scotiabank increased their target price on Bsr Real Estate Investment Trust from C$14.50 to C$15.00 and gave the stock an “outperform” rating in a research report on Friday, December 12th. Finally, TD Securities cut their price target on Bsr Real Estate Investment Trust from C$16.00 to C$15.50 and set a “buy” rating for the company in a report on Friday, December 12th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$14.75.

Bsr Real Estate Investment Trust Stock Up 0.4%

The company has a current ratio of 0.12, a quick ratio of 0.45 and a debt-to-equity ratio of 161.52. The firm has a market cap of C$415.14 million, a P/E ratio of -20.24 and a beta of 0.77. The company’s 50 day simple moving average is C$12.36 and its 200-day simple moving average is C$12.25.

Bsr Real Estate Investment Trust Announces Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 15th were issued a $0.0467 dividend. The ex-dividend date was Sunday, November 30th. This represents a c) annualized dividend and a yield of 4.5%. Bsr Real Estate Investment Trust’s dividend payout ratio (DPR) is currently -91.53%.

Bsr Real Estate Investment Trust Company Profile

BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT owns a portfolio of multifamily garden-style residential properties located in attractive primary and secondary markets in the Sunbelt region of the United States.