Crombie Real Estate Investment Trust (TSE:CRR.UN) Sets New 12-Month High – Here’s Why

Crombie Real Estate Investment Trust (TSE:CRR.UN) hit a new 52-week high during trading on Wednesday . The company traded as high as C$17.25 and last traded at C$17.21, with a volume of 164917 shares trading hands. The stock had previously closed at C$16.99.

Analysts Set New Price Targets

Separately, Raymond James Financial cut shares of Crombie Real Estate Investment Trust from a “strong-buy” rating to an “outperform” rating in a research report on Wednesday, January 14th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of C$17.25.

Crombie Real Estate Investment Trust Trading Up 0.3%

The business has a fifty day simple moving average of C$16.31 and a 200 day simple moving average of C$15.77. The stock has a market cap of C$3.19 billion, a price-to-earnings ratio of -61.05 and a beta of 0.77. The company has a debt-to-equity ratio of 120.87, a quick ratio of 0.11 and a current ratio of 0.14.

Crombie Real Estate Investment Trust (TSE:CRR.UN) last released its quarterly earnings results on Wednesday, May 6th. The company reported C$0.65 earnings per share for the quarter. Crombie Real Estate Investment Trust had a return on equity of 6.00% and a net margin of 24.18%.The company had revenue of C$130.30 million during the quarter. As a group, equities analysts anticipate that Crombie Real Estate Investment Trust will post 0.6535637 EPS for the current year.

Crombie Real Estate Investment Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, May 15th will be paid a $0.075 dividend. The ex-dividend date of this dividend is Thursday, April 30th. This represents a c) annualized dividend and a yield of 5.3%. Crombie Real Estate Investment Trust’s payout ratio is presently -319.64%.

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.