Crombie Real Estate Investment Trust (TSE:CRR.UN) Price Target Raised to C$18.00

Crombie Real Estate Investment Trust (TSE:CRR.UN) had its price objective hoisted by Royal Bank Of Canada from C$16.50 to C$18.00 in a report issued on Wednesday,BayStreet.CA reports. Royal Bank Of Canada currently has a sector perform rating on the stock.

Several other brokerages also recently commented on CRR.UN. Raymond James Financial downgraded shares of Crombie Real Estate Investment Trust from a “strong-buy” rating to an “outperform” rating in a research note on Wednesday, January 14th. TD boosted their target price on shares of Crombie Real Estate Investment Trust from C$17.50 to C$18.00 and gave the company a “buy” rating in a research note on Monday, May 11th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Crombie Real Estate Investment Trust presently has a consensus rating of “Moderate Buy” and an average target price of C$17.63.

Crombie Real Estate Investment Trust Price Performance

Shares of Crombie Real Estate Investment Trust stock opened at C$16.86 on Wednesday. The firm has a fifty day simple moving average of C$16.38 and a 200-day simple moving average of C$15.83. The company has a current ratio of 0.14, a quick ratio of 0.11 and a debt-to-equity ratio of 120.87. Crombie Real Estate Investment Trust has a 1-year low of C$14.30 and a 1-year high of C$17.31. The stock has a market capitalization of C$3.15 billion, a price-to-earnings ratio of -65.01 and a beta of 0.77.

Crombie Real Estate Investment Trust (TSE:CRR.UN) last announced its earnings results on Wednesday, May 6th. The company reported C$0.65 earnings per share (EPS) for the quarter. The business had revenue of C$130.30 million for the quarter. Crombie Real Estate Investment Trust had a net margin of 24.18% and a return on equity of 6.00%. On average, sell-side analysts expect that Crombie Real Estate Investment Trust will post 0.6535637 earnings per share for the current year.

Crombie Real Estate Investment Trust Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 15th were paid a dividend of $0.075 per share. This represents a c) annualized dividend and a dividend yield of 5.3%. The ex-dividend date of this dividend was Thursday, April 30th. Crombie Real Estate Investment Trust’s dividend payout ratio (DPR) is currently -345.76%.

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.