Crombie Real Estate Investment Trust (TSE:CRR.UN – Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$15.45 and traded as high as C$16.22. Crombie Real Estate Investment Trust shares last traded at C$16.05, with a volume of 339,303 shares trading hands.
Analyst Ratings Changes
Separately, Raymond James Financial downgraded shares of Crombie Real Estate Investment Trust from a “strong-buy” rating to an “outperform” rating in a report on Wednesday, January 14th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of C$17.25.
Read Our Latest Report on CRR.UN
Crombie Real Estate Investment Trust Price Performance
Crombie Real Estate Investment Trust (TSE:CRR.UN – Get Free Report) last announced its earnings results on Tuesday, February 10th. The company reported C$0.96 earnings per share (EPS) 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$124.67 million for the quarter. Equities analysts forecast that Crombie Real Estate Investment Trust will post 0.6535637 EPS for the current fiscal year.
Crombie Real Estate Investment Trust Announces Dividend
The business also recently announced a monthly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 15th will be paid a dividend of $0.075 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 5.8%. Crombie Real Estate Investment Trust’s payout ratio is currently -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.
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