Raymond James Reaffirms “Hold” Rating for CT Real Estate Investment Trust (TSE:CRT.UN)

Share on StockTwits

Raymond James reaffirmed their hold rating on shares of CT Real Estate Investment Trust (TSE:CRT.UN) in a report issued on Friday morning, AnalystRatings.com reports. Raymond James currently has a C$15.00 price objective on the real estate investment trust’s stock.

TSE:CRT.UN opened at C$14.52 on Friday. The firm has a market capitalization of $1.41 billion and a P/E ratio of 38.01. CT Real Estate Investment Trust has a one year low of C$11.26 and a one year high of C$14.77. The stock has a 50-day moving average price of C$14.47. The company has a quick ratio of 0.12, a current ratio of 0.16 and a debt-to-equity ratio of 84.83.

The company also recently declared a monthly dividend, which will be paid on Thursday, August 15th. Investors of record on Thursday, August 15th will be paid a $0.0631 dividend. The ex-dividend date is Tuesday, July 30th. This represents a $0.76 dividend on an annualized basis and a yield of 5.21%. CT Real Estate Investment Trust’s dividend payout ratio (DPR) is 198.95%.

CT Real Estate Investment Trust Company Profile

CT Real Estate Investment Trust (TSX:CRT.UN) is an unincorporated, closed-end real estate investment trust formed to own income-producing commercial properties primarily located in Canada. Its portfolio is comprised of over 325 properties totaling approximately 26 million square feet of GLA, consisting primarily of retail properties located across Canada.

Read More: How a Strangle Strategy is different from a Straddle Strategy

Receive News & Ratings for CT Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CT Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Dorothy C. Jenkins Sells 390 Shares of Westlake Chemical Co.  Stock
Dorothy C. Jenkins Sells 390 Shares of Westlake Chemical Co. Stock
Alex G. Morrison Buys 11,400 Shares of Energy Fuels Inc  Stock
Alex G. Morrison Buys 11,400 Shares of Energy Fuels Inc Stock
Sean P. Moriarty Sells 4,000 Shares of Leaf Group Ltd.  Stock
Sean P. Moriarty Sells 4,000 Shares of Leaf Group Ltd. Stock
Analysts Anticipate Apache Co.  Will Post Quarterly Sales of $1.55 Billion
Analysts Anticipate Apache Co. Will Post Quarterly Sales of $1.55 Billion
1-800-Flowers.Com  Releases FY 2020 Earnings Guidance
1-800-Flowers.Com Releases FY 2020 Earnings Guidance
Insider Selling: TrustCo Bank Corp NY  SVP Sells $18,672.00 in Stock
Insider Selling: TrustCo Bank Corp NY SVP Sells $18,672.00 in Stock


© 2006-2019 Ticker Report