Crombie Real Estate Investment Trust (TSE:CRR.UN) Sets New 52-Week High – Here’s What Happened

Crombie Real Estate Investment Trust (TSE:CRR.UN) reached a new 52-week high during trading on Friday . The company traded as high as C$17.31 and last traded at C$17.24, with a volume of 14106 shares trading hands. The stock had previously closed at C$17.19.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on CRR.UN shares. TD increased their price target on Crombie Real Estate Investment Trust from C$17.50 to C$18.00 and gave the company a “buy” rating in a research note on Monday, May 11th. Royal Bank Of Canada increased their target price on shares of Crombie Real Estate Investment Trust from C$16.50 to C$18.00 and gave the company a “sector perform” rating in a research report on Wednesday, May 13th. Three 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 has a consensus rating of “Moderate Buy” and a consensus price target of C$17.63.

Crombie Real Estate Investment Trust Price Performance

The firm has a market cap of C$3.23 billion, a price-to-earnings ratio of -66.48 and a beta of 0.77. The business’s 50-day simple moving average is C$16.45 and its two-hundred day simple moving average is C$15.89. The company has a current ratio of 0.14, a quick ratio of 0.11 and a debt-to-equity ratio of 120.87.

Crombie Real Estate Investment Trust (TSE:CRR.UN) last released its earnings results on Wednesday, May 6th. The company reported C$0.65 earnings per share for the quarter. The business had revenue of C$130.30 million during the quarter. Crombie Real Estate Investment Trust had a net margin of 24.18% and a return on equity of 6.00%. As a group, research analysts expect that Crombie Real Estate Investment Trust will post 0.6535637 EPS for the current fiscal year.

Crombie Real Estate Investment Trust Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 15th were given a dividend of $0.075 per share. This represents a c) dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend was Thursday, April 30th. Crombie Real Estate Investment Trust’s dividend payout ratio is currently -345.76%.

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.