Crombie Real Estate Investment Trust (TSE:CRR.UN – Get Free Report)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as C$17.22 and last traded at C$17.20, with a volume of 20410 shares. The stock had previously closed at C$17.12.
Analyst Upgrades and Downgrades
Separately, Raymond James Financial lowered shares of Crombie Real Estate Investment Trust from a “strong-buy” rating to an “outperform” rating in a research note on Wednesday, January 14th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of C$17.25.
Read Our Latest Stock Report on CRR.UN
Crombie Real Estate Investment Trust Stock Performance
Crombie Real Estate Investment Trust (TSE:CRR.UN – Get Free Report) last issued its earnings results on Tuesday, February 10th. The company reported C$0.96 earnings per share for the quarter. The business had revenue of C$124.67 million for 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, equities analysts predict that Crombie Real Estate Investment Trust will post 0.6535637 EPS for the current year.
Crombie Real Estate Investment Trust Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Friday, May 15th. Shareholders of record on Friday, May 15th will be issued a $0.075 dividend. This represents a c) annualized dividend and a dividend yield of 5.3%. The ex-dividend date is Thursday, April 30th. Crombie Real Estate Investment Trust’s payout ratio is currently -319.64%.
Crombie Real Estate Investment Trust Company Profile
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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