Bsr Real Estate Investment Trust (TSE:HOM.U) Stock Price Up 1.9% - Here's Why

Bsr Real Estate Investment Trust (TSE:HOM.U - Get Free Report)'s stock price traded up 1.9% on Tuesday . The company traded as high as C$13.25 and last traded at C$13.25. 2,004 shares were traded during trading, a decline of 85% from the average session volume of 13,019 shares. The stock had previously closed at C$13.00.

Wall Street Analyst Weigh In

Several research firms recently commented on HOM.U. Royal Bank of Canada reduced their price target on shares of Bsr Real Estate Investment Trust from C$16.00 to C$15.50 and set an "outperform" rating on the stock in a research note on Friday, March 7th. National Bankshares lifted their price objective on shares of Bsr Real Estate Investment Trust from C$13.50 to C$14.00 and gave the company a "sector perform" rating in a research note on Friday, March 7th. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Bsr Real Estate Investment Trust presently has a consensus rating of "Moderate Buy" and an average target price of C$15.10.

Bsr Real Estate Investment Trust Trading Up 1.3%

The company has a quick ratio of 0.45, a current ratio of 0.12 and a debt-to-equity ratio of 161.52. The business has a fifty day simple moving average of C$12.78 and a 200 day simple moving average of C$12.48. The company has a market cap of C$439.95 million, a price-to-earnings ratio of -2.25 and a beta of 1.08.

Bsr Real Estate Investment Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, June 16th. Investors of record on Monday, June 16th will be given a dividend of $0.0467 per share. This represents a $0.56 dividend on an annualized basis and a yield of 4.25%. The ex-dividend date is Saturday, May 31st. Bsr Real Estate Investment Trust's dividend payout ratio is presently -9.56%.

About Bsr Real Estate Investment Trust

BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT owns a portfolio of multifamily garden-style residential properties located in attractive primary and secondary markets in the Sunbelt region of the United States.