Bsr Real Estate Investment Trust (TSE:HOM.U) to Issue $0.05 Monthly Dividend

Key Points

• Monthly dividend: BSR Real Estate Investment Trust declared a monthly payout of 0.0467 per share, payable to shareholders of record on May 15 with an ex-dividend date of April 30, implying an annualized yield of about 4.6%.
• The stock traded around C$12.16 (52‑week range C$10.50–C$13.58) with a market cap of ~C$413.3M, a negative P/E, and a high leverage profile (debt-to-equity ~161.52), suggesting balance-sheet risk despite the yield.
• Several analysts trimmed price targets to roughly C$13.00 and lowered ratings (Desjardins, RBC, TD, National Bank), leaving a consensus of "Moderate Buy" with a C$13.30 average target.

Bsr Real Estate Investment Trust (TSE:HOM.U - Get Free Report) declared a monthly dividend on Thursday, April 30th, TickerTech Dividends reports. Shareholders of record on Friday, May 15th will be given a dividend of 0.0467 per share on Friday, May 15th. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date is Thursday, April 30th.

Bsr Real Estate Investment Trust Stock Down 1.6%

HOM.U opened at C$12.16 on Tuesday. Bsr Real Estate Investment Trust has a fifty-two week low of C$10.50 and a fifty-two week high of C$13.58. The company has a debt-to-equity ratio of 161.52, a quick ratio of 0.45 and a current ratio of 0.12. The company has a fifty day moving average of C$11.73 and a two-hundred day moving average of C$11.92. The stock has a market capitalization of C$413.32 million, a price-to-earnings ratio of -6.57 and a beta of 0.86.

Analyst Ratings Changes

Several analysts have recently issued reports on HOM.U shares. Desjardins dropped their target price on shares of Bsr Real Estate Investment Trust from C$14.00 to C$13.00 and set a "buy" rating on the stock in a research report on Friday, March 13th. Royal Bank Of Canada lowered shares of Bsr Real Estate Investment Trust from an "outperform" rating to a "sector perform" rating and dropped their target price for the company from C$14.50 to C$13.00 in a research report on Friday, March 13th. TD Securities dropped their target price on shares of Bsr Real Estate Investment Trust from C$15.50 to C$13.00 and set a "buy" rating on the stock in a research report on Friday, March 13th. Finally, National Bank Financial dropped their target price on shares of Bsr Real Estate Investment Trust from C$13.00 to C$12.50 and set a "sector perform" rating on the stock in a research report on Friday, March 13th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of C$13.30.

Bsr Real Estate Investment Trust Company Profile

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.

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