Crombie Real Estate Investment Trust (TSE:CRR.UN) Reaches New 12-Month High - Here's What Happened

Key Points

• Shares hit a new 52-week high of C$16.56 during mid-day trading on Tuesday, with about 26,723 shares changing hands.
• Raymond James downgraded the stock from "strong-buy" to "outperform," while the consensus rating remains "Buy" with a consensus price target of C$17.25.
• The trust reported quarterly EPS of C$0.96 on C$124.67 million in revenue and announced a monthly dividend of $0.075 payable April 15 (ex-dividend March 31), implying a ~5.4% yield.

Shares of Crombie Real Estate Investment Trust (TSE:CRR.UN - Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$16.56 and last traded at C$16.56, with a volume of 26723 shares changing hands. The stock had previously closed at C$16.47.

Analyst Ratings Changes

Separately, Raymond James Financial lowered Crombie Real Estate Investment Trust from a "strong-buy" rating to an "outperform" rating in a research report on Wednesday, January 14th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, Crombie Real Estate Investment Trust currently has a consensus rating of "Buy" and a consensus price target of C$17.25.

Crombie Real Estate Investment Trust Stock Up 0.5%

The company has a quick ratio of 0.11, a current ratio of 0.14 and a debt-to-equity ratio of 120.87. The business has a 50-day moving average price of C$16.00 and a 200-day moving average price of C$15.57. The firm has a market capitalization of C$3.10 billion, a PE ratio of -59.20 and a beta of 0.73.

Crombie Real Estate Investment Trust (TSE:CRR.UN - Get Free Report) last issued its quarterly earnings data on Tuesday, February 10th. The company reported C$0.96 earnings per share for the quarter. The company had revenue of C$124.67 million during the quarter. Crombie Real Estate Investment Trust had a return on equity of 6.00% and a net margin of 24.18%. Equities research analysts forecast that Crombie Real Estate Investment Trust will post 0.6535637 earnings per share for the current fiscal year.

Crombie Real Estate Investment Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, April 15th. Investors of record on Wednesday, April 15th will be given a $0.075 dividend. This represents a c) annualized dividend and a yield of 5.4%. The ex-dividend date is Tuesday, March 31st. Crombie Real Estate Investment Trust's dividend payout ratio is presently -319.64%.

Crombie Real Estate Investment Trust Company Profile

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.

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