Crombie Real Estate Investment Trust (TSE:CRR.UN) Sets New 12-Month High - Should You Buy?

Key Points

• The stock hit a new 52-week high intraday at C$17.25, and the consensus analyst rating is Buy with a consensus price target of C$17.25, although Raymond James recently downgraded it from "strong-buy" to "outperform."
• Crombie declared a monthly dividend of $0.075 (annualized yield ~5.2%) with an ex-dividend date of April 30 and payment to record holders on May 15, but the dividend payout ratio is shown as a negative -319.64%, a potential red flag for sustainability.
• Latest quarter: C$0.65 EPS and C$130.3M revenue, yet the trust carries high leverage (debt-to-equity ~120.87) and very low liquidity ratios (current ~0.14, quick ~0.11), indicating balance-sheet risk despite profitable margins.

Crombie Real Estate Investment Trust (TSE:CRR.UN - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$17.25 and last traded at C$17.21, with a volume of 164917 shares traded. The stock had previously closed at C$16.99.

Wall Street Analyst Weigh In

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

Crombie Real Estate Investment Trust Trading Up 1.3%

The company's 50-day moving average price is C$16.29 and its 200-day moving average price is C$15.76. The company has a debt-to-equity ratio of 120.87, a quick ratio of 0.11 and a current ratio of 0.14. The firm has a market capitalization of C$3.22 billion, a PE ratio of -61.52 and a beta of 0.77.

Crombie Real Estate Investment Trust (TSE:CRR.UN - Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The company reported C$0.65 EPS for the quarter. Crombie Real Estate Investment Trust had a net margin of 24.18% and a return on equity of 6.00%. The firm had revenue of C$130.30 million for the quarter. On average, sell-side analysts expect that Crombie Real Estate Investment Trust will post 0.6535637 earnings per share for the current year.

Crombie Real Estate Investment Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, May 15th will be paid a dividend of $0.075 per share. This represents a c) annualized dividend and a yield of 5.2%. The ex-dividend date is Thursday, April 30th. Crombie Real Estate Investment Trust's dividend payout ratio (DPR) is currently -319.64%.

About Crombie Real Estate Investment Trust

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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