Plaza Retail REIT (TSE:PLZ.UN) Releases Earnings Results

Plaza Retail REIT (TSE:PLZ.UN) posted its earnings results on Wednesday. The company reported C$0.14 earnings per share for the quarter, FiscalAI reports. The firm had revenue of C$32.15 million for the quarter. Plaza Retail REIT had a net margin of 9.40% and a return on equity of 2.07%.

Plaza Retail REIT Trading Down 0.4%

TSE:PLZ.UN traded down C$0.02 during mid-day trading on Wednesday, hitting C$5.28. 44,724 shares of the company’s stock were exchanged, compared to its average volume of 116,153. The company has a 50 day simple moving average of C$5.26 and a 200-day simple moving average of C$4.77. The company has a current ratio of 0.22, a quick ratio of 0.06 and a debt-to-equity ratio of 124.16. Plaza Retail REIT has a fifty-two week low of C$3.96 and a fifty-two week high of C$5.37. The firm has a market capitalization of C$583.28 million, a P/E ratio of 9.31 and a beta of 0.61.

Plaza Retail REIT Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, November 16th. Investors of record on Monday, November 16th will be issued a $0.0233 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 5.3%. The ex-dividend date is Friday, October 30th. Plaza Retail REIT’s dividend payout ratio (DPR) is 49.39%.

Wall Street Analysts Forecast Growth

PLZ.UN has been the subject of a number of research reports. Canaccord Genuity Group cut Plaza Retail REIT from a “buy” rating to a “hold” rating and dropped their price target for the company from C$5.75 to C$5.65 in a research note on Monday, October 26th. Desjardins cut Plaza Retail REIT from a “buy” rating to a “hold” rating and upped their target price for the stock from C$5.00 to C$5.50 in a report on Friday, August 7th. Three investment analysts have rated the stock with a Hold rating. According to MarketBeat.com, Plaza Retail REIT has an average rating of “Hold” and an average price target of C$5.30.

Plaza Retail REIT Company Profile

Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza’s portfolio at June 30, 2026 includes interests in 189 properties totaling approximately 8.8 million square feet across Canada and additional lands held for development. Plaza’s portfolio largely consists of open-air centres and stand-alone small box retail outlets and is predominantly occupied by national tenants with a focus on the essential needs, value and convenience market segments.