Shares of Crombie Real Estate Investment Trust (TSE:CRR.UN – Get Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$15.93 and traded as high as C$16.22. Crombie Real Estate Investment Trust shares last traded at C$16.12, with a volume of 96,124 shares changing hands.
Analysts Set New Price Targets
Separately, Raymond James Financial lowered Crombie Real Estate Investment Trust from a “strong-buy” rating to an “outperform” rating in a research report on Wednesday, January 14th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and an average price target of C$17.25.
View Our Latest Analysis on CRR.UN
Crombie Real Estate Investment Trust Stock Up 0.1%
Crombie Real Estate Investment Trust (TSE:CRR.UN – Get Free Report) last posted its quarterly earnings results on Tuesday, February 10th. The company reported C$0.96 earnings per share (EPS) for the quarter. The business had revenue of C$124.67 million during the quarter. Crombie Real Estate Investment Trust had a return on equity of 6.00% and a net margin of 24.18%. Equities research analysts forecast that Crombie Real Estate Investment Trust will post 0.6535637 earnings per share for the current fiscal year.
Crombie Real Estate Investment Trust Dividend Announcement
The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, April 15th. Investors of record on Wednesday, April 15th will be given a $0.075 dividend. This represents a c) annualized dividend and a yield of 5.6%. The ex-dividend date is Tuesday, March 31st. Crombie Real Estate Investment Trust’s dividend payout ratio is presently -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.
See Also
Receive News & Ratings for Crombie Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crombie Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.
