Bsr Real Estate Investment Trust (TSE:HOM.U) Trading Down 1.1% - Time to Sell?

Key Points

• Shares dipped about 1.1% to C$11.30 on Friday with roughly 14,803 shares traded—about a 47% drop versus average volume—and the 50‑ and 200‑day moving averages sit near C$11.84 and C$11.97 respectively.
• Multiple analysts cut price targets this month while Scotiabank raised theirs, leaving a MarketBeat consensus of Moderate Buy and a consensus target price of C$13.30.
• The REIT pays a monthly distribution of $0.0467 (annualized yield ~5.0%), but shows weak liquidity (current ratio 0.12, quick ratio 0.45) and high leverage (debt-to-equity 161.52), with a negative P/E of -6.11.

Bsr Real Estate Investment Trust (TSE:HOM.U - Get Free Report) shares dropped 1.1% during mid-day trading on Friday . The stock traded as low as C$11.10 and last traded at C$11.30. Approximately 14,803 shares were traded during mid-day trading, a decline of 47% from the average daily volume of 28,017 shares. The stock had previously closed at C$11.43.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on HOM.U. TD Securities dropped their price objective on Bsr Real Estate Investment Trust from C$15.50 to C$13.00 and set a "buy" rating for the company in a research note on Friday, March 13th. Royal Bank Of Canada lowered Bsr Real Estate Investment Trust from an "outperform" rating to a "sector perform" rating and dropped their price objective for the company from C$14.50 to C$13.00 in a research note on Friday, March 13th. National Bank Financial dropped their price objective on Bsr Real Estate Investment Trust from C$13.00 to C$12.50 and set a "sector perform" rating for the company in a research note on Friday, March 13th. Desjardins dropped their price objective on Bsr Real Estate Investment Trust from C$14.00 to C$13.00 and set a "buy" rating for the company in a research note on Friday, March 13th. Finally, Scotiabank increased their price objective on Bsr Real Estate Investment Trust from C$14.50 to C$15.00 and gave the company an "outperform" rating in a research note on Friday, December 12th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of C$13.30.

Bsr Real Estate Investment Trust Stock Performance

The business has a fifty day simple moving average of C$11.84 and a 200-day simple moving average of C$11.97. 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 firm has a market cap of C$384.09 million, a P/E ratio of -6.11 and a beta of 0.86.

Bsr Real Estate Investment Trust Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 16th were issued a $0.0467 dividend. The ex-dividend date was Saturday, February 28th. This represents a c) dividend on an annualized basis and a yield of 5.0%. Bsr Real Estate Investment Trust's dividend payout ratio is -30.29%.

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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