Crombie Real Estate Investment Trust (CRR.UN) Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Crombie Real Estate Investment Trust in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CRR.UN shares.
View CRR.UN analyst ratings or view top-rated stocks.

3 Wall Street analysts have issued 1 year target prices for Crombie Real Estate Investment Trust's shares. Their CRR.UN share price forecasts range from C$17.00 to C$19.00. On average, they expect the company's stock price to reach C$18.33 in the next twelve months. This suggests a possible upside of 23.0% from the stock's current price.
View analysts price targets for CRR.UN or view top-rated stocks among Wall Street analysts.

Crombie Real Estate Investment Trust's stock was trading at C$15.86 at the beginning of 2023. Since then, CRR.UN shares have decreased by 6.0% and is now trading at C$14.91.
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Crombie Real Estate Investment Trust announced a monthly dividend on Thursday, March 30th. Stockholders of record on Friday, April 14th will be paid a dividend of 0.0742 per share on Friday, April 14th. This represents a $0.89 annualized dividend and a yield of 5.97%. The ex-dividend date of this dividend is Thursday, March 30th.
Read our dividend analysis for CRR.UN.

Crombie Real Estate Investment Trust (TSE:CRR.UN) pays an annual dividend of C$0.89 per share and currently has a dividend yield of 6.01%. CRR.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 1,271.43%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for CRR.UN.

Crombie Real Estate Investment Trust trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CRR.UN."

Shares of CRR.UN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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One share of CRR.UN stock can currently be purchased for approximately C$14.91.

Crombie Real Estate Investment Trust (TSE:CRR.UN) has a market capitalization of C$1.58 billion and generates C$421.45 million in revenue each year. The company earns C$167.72 million in net income (profit) each year or C$0.07 on an earnings per share basis.

Crombie Real Estate Investment Trust's mailing address is 610 East River Rd Suite 200, NEW GLASGOW, NS B2H 3S2, Canada. The official website for the company is www.crombiereit.ca. The company can be reached via phone at +1-902-7558100.