Crombie Real Estate Investment Trust (TSE:CRR.UN) Sets New 1-Year High – Here’s Why

Shares of Crombie Real Estate Investment Trust (TSE:CRR.UN) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$17.67 and last traded at C$17.18, with a volume of 209077 shares. The stock had previously closed at C$17.35.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on CRR.UN. TD lifted their price objective on Crombie Real Estate Investment Trust from C$17.50 to C$18.00 and gave the stock a “buy” rating in a report on Monday, May 11th. Royal Bank Of Canada lifted their price objective on Crombie Real Estate Investment Trust from C$16.50 to C$18.00 and gave the stock a “sector perform” rating in a report on Wednesday, May 13th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of C$17.63.

Crombie Real Estate Investment Trust Trading Down 1.0%

The firm has a market capitalization of C$3.22 billion, a price-to-earnings ratio of -66.25 and a beta of 0.77. The company has a fifty day moving average price of C$16.56 and a two-hundred day moving average price of C$15.96. The company has a current ratio of 0.14, a quick ratio of 0.11 and a debt-to-equity ratio of 120.87.

Crombie Real Estate Investment Trust (TSE:CRR.UN) last issued its earnings results on Wednesday, May 6th. The company reported C$0.65 earnings per share for the quarter. The business had revenue of C$130.30 million for the quarter. Crombie Real Estate Investment Trust had a return on equity of 6.00% and a net margin of 24.18%. As a group, research analysts forecast that Crombie Real Estate Investment Trust will post 0.6535637 earnings per share for the current fiscal year.

Crombie Real Estate Investment Trust Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 15th were issued a dividend of $0.075 per share. This represents a c) annualized dividend and a dividend yield of 5.2%. The ex-dividend date was Thursday, April 30th. Crombie Real Estate Investment Trust’s payout ratio is currently -345.76%.

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.