H&R Real Estate Investment Trust (TSE:HR.UN) Announces Quarterly Earnings Results

H&R Real Estate Investment Trust (TSE:HR.UN) posted its quarterly earnings data on Thursday. The real estate investment trust reported C($0.12) EPS for the quarter, reports. The firm had revenue of C$184.25 million during the quarter. H&R Real Estate Investment Trust had a negative net margin of 20.83% and a negative return on equity of 4.16%.

H&R Real Estate Investment Trust Price Performance

H&R Real Estate Investment Trust stock traded up C$0.05 during midday trading on Friday, reaching C$10.54. 73,235 shares of the stock were exchanged, compared to its average volume of 623,971. H&R Real Estate Investment Trust has a 52 week low of C$9.39 and a 52 week high of C$12.77. The company has a debt-to-equity ratio of 73.68, a quick ratio of 0.19 and a current ratio of 0.31. The firm has a market cap of C$2.79 billion, a PE ratio of -3.50 and a beta of 0.74. The company’s fifty day moving average is C$10.29 and its 200-day moving average is C$10.47.

Analyst Ratings Changes

Several equities research analysts recently weighed in on HR.UN shares. TD Securities decreased their price objective on H&R Real Estate Investment Trust from C$12.00 to C$11.50 and set a “buy” rating for the company in a report on Tuesday, February 17th. National Bank Financial set a C$12.00 target price on shares of H&R Real Estate Investment Trust and gave the stock an “outperform” rating in a research report on Monday, April 20th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, H&R Real Estate Investment Trust has an average rating of “Moderate Buy” and an average target price of C$12.00.

About H&R Real Estate Investment Trust

H&R REIT is one of Canada’s largest real estate investment trusts. H&R REIT has ownership interests in a Canadian and U.S. portfolio primarily comprised of high-quality residential (operating as Lantower Residential), industrial and office properties comprising approximately 21.3 million square feet.