November 23, 2024

Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
Crombie Real Estate Investment Trust (TSE:CRR.UNGet Rating) declared a monthly dividend on Tuesday, August 30th, TickerTech reports. Investors of record on Thursday, September 15th will be given a dividend of 0.0742 per share on Thursday, September 15th. This represents a $0.89 dividend on an annualized basis and a dividend yield of 5.56%. The ex-dividend date of this dividend is Tuesday, August 30th.

Crombie Real Estate Investment Trust Stock Performance

TSE:CRR.UN opened at C$16.02 on Friday. The company has a debt-to-equity ratio of 124.19, a quick ratio of 0.07 and a current ratio of 0.25. The stock has a market capitalization of C$1.68 billion and a P/E ratio of 320.40. The company has a 50 day moving average price of C$16.22 and a 200 day moving average price of C$17.06. Crombie Real Estate Investment Trust has a fifty-two week low of C$15.21 and a fifty-two week high of C$19.09.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on CRR.UN. National Bankshares increased their price objective on shares of Crombie Real Estate Investment Trust from C$17.50 to C$18.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 17th. Scotiabank reduced their target price on shares of Crombie Real Estate Investment Trust from C$20.25 to C$19.75 in a report on Friday, May 13th. CIBC reduced their target price on shares of Crombie Real Estate Investment Trust from C$19.50 to C$18.25 in a report on Monday, June 27th. Finally, TD Securities reduced their target price on shares of Crombie Real Estate Investment Trust from C$20.00 to C$19.50 and set a “buy” rating on the stock in a report on Friday, May 13th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, Crombie Real Estate Investment Trust has an average rating of “Moderate Buy” and a consensus price target of C$19.08.

About Crombie Real Estate Investment Trust

(Get Rating)
Crombie Real Estate Investment Trust ("Crombie") is an unincorporated, open-ended real estate investment trust established under, and governed by, the laws of the Province of Ontario. Crombie is one of the country's leading national retail property landlords with a strategy to own, operate and develop a portfolio of high quality grocery and drug store anchored shopping centres, freestanding stores and mixed use developments primarily in Canada's top urban and suburban markets.

Featured Stories

Dividend History for Crombie Real Estate Investment Trust (TSE:CRR.UN)
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to co*****@ma********.com .
Before you consider Crombie Real Estate Investment Trust, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Crombie Real Estate Investment Trust wasn’t on the list.
While Crombie Real Estate Investment Trust currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Complete the form below to receive the latest headlines and analysts’ recommendations for your stocks with our free daily email newsletter:
Tom remains optimistic about investors’ prospects going forward, even as the market reacts to the words of Fed Chair Jerome Powell about “pain ahead.”
Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat’s trending stocks report.
Identify stocks that meet your criteria using seven unique stock screeners. See what’s happening in the market right now with MarketBeat’s real-time news feed. Export data to Excel for your own analysis.
MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.
Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.
Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.
As Featured By:
MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.
Twitter Facebook StockTwits Financial Juice YouTube
MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot
© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | co*****@ma********.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer.

source

About Author