Crombie Real Estate Investment Trust (TSE:CRR.UN) Sets New 1-Year High – Here’s What Happened

Crombie Real Estate Investment Trust (TSE:CRR.UN)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$17.71 and last traded at C$17.68, with a volume of 23059 shares traded. The stock had previously closed at C$17.47.

Analyst Ratings Changes

A number of brokerages have recently weighed in on CRR.UN. Royal Bank Of Canada increased their target price on Crombie Real Estate Investment Trust from C$16.50 to C$18.00 and gave the stock a “sector perform” rating in a research note on Wednesday, May 13th. TD lifted their target price on Crombie Real Estate Investment Trust from C$17.50 to C$18.00 and gave the stock a “buy” rating in a report on Monday, May 11th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Crombie Real Estate Investment Trust has an average rating of “Moderate Buy” and a consensus target price of C$17.62.

Crombie Real Estate Investment Trust Trading Up 1.0%

The firm’s 50-day simple moving average is C$17.06 and its 200 day simple moving average is C$16.24. The company has a debt-to-equity ratio of 120.87, a current ratio of 0.14 and a quick ratio of 0.10. The firm has a market capitalization of C$3.31 billion, a price-to-earnings ratio of -68.02 and a beta of 0.75.

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

Crombie Real Estate Investment Trust Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 15th were issued a dividend of $0.075 per share. The ex-dividend date of this dividend was Thursday, April 30th. This represents a c) annualized dividend and a dividend yield of 5.1%. Crombie Real Estate Investment Trust’s payout ratio is -345.76%.

Crombie Real Estate Investment Trust Company Profile

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.