Plaza Retail REIT (PLZ.UN) Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Plaza Retail REIT in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" PLZ.UN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PLZ.UN, but not buy additional shares or sell existing shares.
View PLZ.UN analyst ratings or view top-rated stocks.

2 brokerages have issued 12-month price objectives for Plaza Retail REIT's shares. Their PLZ.UN share price forecasts range from C$4.50 to C$5.00. On average, they anticipate the company's stock price to reach C$4.75 in the next year. This suggests a possible upside of 25.7% from the stock's current price.
View analysts price targets for PLZ.UN or view top-rated stocks among Wall Street analysts.

Plaza Retail REIT's stock was trading at C$4.48 at the start of the year. Since then, PLZ.UN stock has decreased by 15.6% and is now trading at C$3.78.
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Plaza Retail REIT announced a monthly dividend on Wednesday, August 30th. Investors of record on Friday, September 15th will be given a dividend of 0.0233 per share on Friday, September 15th. This represents a $0.28 annualized dividend and a dividend yield of 7.40%. The ex-dividend date of this dividend is Wednesday, August 30th.
Read our dividend analysis for PLZ.UN.

Plaza Retail REIT (TSE:PLZ.UN) pays an annual dividend of C$0.28 per share and currently has a dividend yield of 7.33%. PLZ.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 70.00%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for PLZ.UN.

Plaza Retail REIT trades on the Toronto Stock Exchange (TSX) under the ticker symbol "PLZ.UN."

Shares of PLZ.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 PLZ.UN stock can currently be purchased for approximately C$3.78.

Plaza Retail REIT (TSE:PLZ.UN) has a market capitalization of C$417.20 million and generates C$113.59 million in revenue each year. The company earns C$41.94 million in net income (profit) each year or C$0.40 on an earnings per share basis.

The official website for the company is www.plaza.ca. The company can be reached via phone at 506-451-1826.