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

Shares of Crombie Real Estate Investment Trust (TSE:CRR.UN) reached a new 52-week high during trading on Thursday . The stock traded as high as C$17.67 and last traded at C$17.18, with a volume of 209077 shares changing hands. The stock had previously closed at C$17.35.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Royal Bank Of Canada lifted their price target on shares of Crombie Real Estate Investment Trust from C$16.50 to C$18.00 and gave the company a “sector perform” rating in a research report on Wednesday, May 13th. TD lifted their price target on shares of Crombie Real Estate Investment Trust from C$17.50 to C$18.00 and gave the company a “buy” rating in a research report on Monday, May 11th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$17.63.

Crombie Real Estate Investment Trust Stock Performance

The company has a market capitalization of C$3.22 billion, a price-to-earnings ratio of -66.25 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. The firm has a 50-day simple moving average of C$16.56 and a two-hundred day simple moving average of C$15.96.

Crombie Real Estate Investment Trust (TSE:CRR.UN) last released its earnings results on Wednesday, May 6th. The company reported C$0.65 earnings per share 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%. On average, sell-side analysts anticipate that Crombie Real Estate Investment Trust will post 0.6535637 EPS for the current fiscal year.

Crombie Real Estate Investment Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 15th were paid a $0.075 dividend. This represents a c) annualized dividend and a dividend yield of 5.2%. The ex-dividend date was Thursday, April 30th. Crombie Real Estate Investment Trust’s dividend payout ratio (DPR) is presently -345.76%.

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.