Plaza Retail REIT (TSE:PLZ.UN) Stock Crosses Above Fifty Day Moving Average – What’s Next?

Plaza Retail REIT (TSE:PLZ.UN – Get Free Report)’s share price crossed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of C$5.26 and traded as high as C$5.28. Plaza Retail REIT shares last traded at C$5.27, with a volume of 1,043,431 shares.

Wall Street Analysts Forecast Growth

PLZ.UN has been the subject of several recent research reports. Desjardins downgraded Plaza Retail REIT from a “buy” rating to a “hold” rating and increased their price target for the company from C$5.00 to C$5.50 in a report on Friday, August 7th. Canaccord Genuity Group cut Plaza Retail REIT from a “buy” rating to a “hold” rating and reduced their price objective for the stock from C$5.75 to C$5.65 in a research note on Monday, October 26th. Three investment analysts have rated the stock with a Hold rating. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of C$5.30.

Read Our Latest Analysis on Plaza Retail REIT

Plaza Retail REIT Price Performance

The company has a debt-to-equity ratio of 124.16, a current ratio of 0.22 and a quick ratio of 0.06. The company’s 50-day simple moving average is C$5.26 and its 200-day simple moving average is C$4.76. The company has a market cap of C$582.17 million, a price-to-earnings ratio of 9.30 and a beta of 0.63.

Plaza Retail REIT (TSE:PLZ.UN – Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported C$0.15 EPS for the quarter. The business had revenue of C$32.19 million for the quarter. Plaza Retail REIT had a net margin of 9.40% and a return on equity of 2.07%.

Plaza Retail REIT Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, November 16th. Shareholders of record on Monday, November 16th will be issued a $0.0233 dividend. The ex-dividend date is Friday, October 30th. This represents a $0.28 dividend on an annualized basis and a yield of 5.3%. Plaza Retail REIT’s payout ratio is currently 49.39%.

Plaza Retail REIT Company Profile

(Get Free Report)

Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza’s portfolio at June 30, 2026 includes interests in 189 properties totaling approximately 8.8 million square feet across Canada and additional lands held for development. Plaza’s portfolio largely consists of open-air centres and stand-alone small box retail outlets and is predominantly occupied by national tenants with a focus on the essential needs, value and convenience market segments.

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