Bsr Real Estate Investment Trust (TSE:HOM.U) Sets New 1-Year Low – Time to Sell?

Shares of Bsr Real Estate Investment Trust (TSE:HOM.U) hit a new 52-week low on Thursday . The company traded as low as C$15.18 and last traded at C$11.50, with a volume of 132654 shares traded. The stock had previously closed at C$12.14.

Analysts Set New Price Targets

A number of equities analysts recently commented on HOM.U shares. Scotiabank upped their target price on Bsr Real Estate Investment Trust from C$14.50 to C$15.00 and gave the company an “outperform” rating in a report on Friday, December 12th. TD Securities reduced their price objective on shares of Bsr Real Estate Investment Trust from C$15.50 to C$13.00 and set a “buy” rating on the stock in a research report on Friday. Desjardins decreased their price objective on shares of Bsr Real Estate Investment Trust from C$14.00 to C$13.00 and set a “buy” rating for the company in a report on Friday. National Bank Financial dropped their target price on shares of Bsr Real Estate Investment Trust from C$13.00 to C$12.50 and set a “sector perform” rating for the company in a research report on Friday. Finally, Royal Bank Of Canada lowered shares of Bsr Real Estate Investment Trust from an “outperform” rating to a “sector perform” rating and cut their target price for the company from C$14.50 to C$13.00 in a research note on Friday. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Bsr Real Estate Investment Trust has an average rating of “Moderate Buy” and an average target price of C$13.30.

Bsr Real Estate Investment Trust Stock Performance

The company has a market capitalization of C$385.32 million, a P/E ratio of -18.78 and a beta of 0.77. The company’s 50 day moving average is C$12.38 and its 200-day moving average is C$12.25. The company has a current ratio of 0.12, a quick ratio of 0.45 and a debt-to-equity ratio of 161.52.

Bsr Real Estate Investment Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 16th will be paid a dividend of $0.0467 per share. The ex-dividend date of this dividend is Saturday, February 28th. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%. 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.