Plaza Retail REIT (TSE:PLZ.UN) Stock Crosses Above 50 Day Moving Average – Should You Sell?

Shares of Plaza Retail REIT (TSE:PLZ.UN) 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 changing hands.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Desjardins downgraded shares of Plaza Retail REIT from a “buy” rating to a “hold” rating and lifted their price objective for the stock from C$5.00 to C$5.50 in a research report on Friday, August 7th. Canaccord Genuity Group cut shares of Plaza Retail REIT from a “buy” rating to a “hold” rating and decreased their target price for the company from C$5.75 to C$5.65 in a research report on Monday. Three analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of C$5.30.

Plaza Retail REIT Stock Up 0.8%

The firm has a market cap of C$582.17 million, a price-to-earnings ratio of 9.30 and a beta of 0.63. The business has a fifty day simple moving average of C$5.26 and a 200 day simple moving average of C$4.75. The company has a debt-to-equity ratio of 124.16, a current ratio of 0.22 and a quick ratio of 0.06.

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

Plaza Retail REIT Announces Dividend

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 dividend payout ratio (DPR) is presently 49.39%.

About Plaza Retail REIT

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.