Crombie Real Estate Investment Trust (TSE:CRR.UN) Share Price Passes Above Two Hundred Day Moving Average - Here's What Happened

Key Points

• Stock technical: Crombie's share price crossed above its 200-day moving average of C$15.74, trading as high as C$17.14 and last at C$16.99 on volume of about 109,939 shares.
• Analyst update: Raymond James downgraded the REIT from "strong-buy" to "outperform," while the consensus rating remains a "Buy" with a target price of C$17.25.
• Dividend and valuation: Crombie announced a monthly dividend of C$0.075 payable May 15 (ex-dividend April 30), implying a 5.3% yield; the REIT has a market cap of C$3.18B, a P/E of -60.73 and a debt-to-equity ratio of 120.87.

Crombie Real Estate Investment Trust (TSE:CRR.UN - Get Free Report)'s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$15.74 and traded as high as C$17.14. Crombie Real Estate Investment Trust shares last traded at C$16.99, with a volume of 109,939 shares traded.

Wall Street Analyst Weigh In

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

Crombie Real Estate Investment Trust Price Performance

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 company has a market cap of C$3.18 billion, a price-to-earnings ratio of -60.73 and a beta of 0.77. The business has a fifty day moving average price of C$16.27 and a 200 day moving average price of C$15.74.

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

Crombie Real Estate Investment Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, May 15th. Shareholders of record on Friday, May 15th will be issued a $0.075 dividend. This represents a c) dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend is Thursday, April 30th. 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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