Crombie Real Estate Investment Trust (CROMF) Stock Price, News & Analysis

Company Overview

Crombie Real Estate Investment Trust is a Canada-focused, unincorporated open-ended real estate investment trust that owns and manages a diversified portfolio of retail, office and industrial properties. Headquartered in Nova Scotia, Crombie REIT concentrates on convenience-based retail properties, often anchored by grocery stores and service-oriented retailers. Its properties range from small format neighbourhood centres to larger community shopping centres that serve both urban and suburban markets.

The trust’s portfolio is geographically diversified across several Canadian provinces, including Atlantic Canada, Ontario, Quebec and Western Canada. Crombie pursues a strategy of partnership leasing with leading grocery banners and other essential service providers, which helps drive consistent tenant demand and foot traffic. In addition to its retail holdings, the REIT selectively invests in office and light industrial assets that complement its overall property mix.

Formed in 2006 through the spin-out of a real estate portfolio from a major Canadian grocery operator, Crombie has grown through strategic acquisitions, property developments and active asset management. Its day-to-day operations are overseen by an internal management team based in Nova Scotia, which focuses on maintaining strong tenant relationships, optimizing occupancy levels and pursuing accretive growth opportunities. Crombie REIT is listed on the Toronto Stock Exchange and trades on the OTC Markets under the symbol CROMF.

Key Stats

• Today's Range: $11.72 to $11.72
• 50-Day Range: $11.72 to $12.45
• 52-Week Range: $10.47 to $12.50
• Volume: 5,530 shs
• Average Volume: 19,914 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: 7.57%
• Price Target: N/A
• Consensus Rating: N/A

Crombie Real Estate Investment Trust Stock Analysis - MarketRank™

Crombie Real Estate Investment Trust scored higher than 0% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Crombie Real Estate Investment Trust.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Crombie Real Estate Investment Trust is -26.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Crombie Real Estate Investment Trust is -26.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Crombie Real Estate Investment Trust has a short interest ratio ("days to cover") of 40.47, which indicates bearish sentiment.

Change versus previous month

Short interest in Crombie Real Estate Investment Trust has recently increased by 17.56%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Crombie Real Estate Investment Trust is a leading dividend payer. It pays a dividend yield of 7.46%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Crombie Real Estate Investment Trust does not have a long track record of dividend growth.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Crombie Real Estate Investment Trust this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.4 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Crombie Real Estate Investment Trust insiders have not sold or bought any company stock.

Percentage Held by Institutions

31.78% of the stock of Crombie Real Estate Investment Trust is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Real Estate
• Industry: Retail REITs
• Sub-Industry: Retail REITs
• Current Symbol: OTCMKTS:CROMF
• CIK: N/A
• Web: www.crombiereit.com
• Phone: (902) 755-8100
• Fax: N/A
• Employees: 303
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A