Plaza Retail REIT (TSE:PLZ.UN – Get Free Report)’s share price crossed above its fifty day moving average during trading on Wednesday. The stock has a fifty 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 123,279 shares traded.
Wall Street Analysts Forecast Growth
Separately, Desjardins lowered Plaza Retail REIT from a “buy” rating to a “hold” rating and lifted their target price for the stock from C$5.00 to C$5.50 in a report on Friday, August 7th. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of C$5.12.
Read Our Latest Research Report on PLZ.UN
Plaza Retail REIT Price Performance
Plaza Retail REIT (TSE:PLZ.UN – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported C$0.15 earnings per share for the quarter. The company had revenue of C$32.19 million during the quarter. Plaza Retail REIT had a return on equity of 2.07% and a net margin of 9.40%.
Plaza Retail REIT Announces Dividend
The firm also recently declared a monthly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, August 17th were paid a dividend of $0.0233 per share. This represents a $0.28 annualized dividend and a dividend yield of 5.3%. The ex-dividend date of this dividend was Friday, July 31st. Plaza Retail REIT’s dividend payout ratio (DPR) is currently 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.
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