Crombie Real Estate Investment Trust (TSE:CRR.UN) Stock Crosses Above Fifty Day Moving Average – Here’s Why

Crombie Real Estate Investment Trust (TSE:CRR.UN)’s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$17.01 and traded as high as C$17.56. Crombie Real Estate Investment Trust shares last traded at C$17.27, with a volume of 154,399 shares changing hands.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. TD upped their price target on shares of Crombie Real Estate Investment Trust from C$17.50 to C$18.00 and gave the stock a “buy” rating in a research report on Monday, May 11th. Royal Bank Of Canada lifted their price target on shares of Crombie Real Estate Investment Trust from C$16.50 to C$18.00 and gave the company a “sector perform” rating in a report on Wednesday, May 13th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of C$17.62.

Crombie Real Estate Investment Trust Trading Up 0.3%

The business has a fifty day moving average price of C$17.04 and a 200 day moving average price of C$16.23. The company has a market capitalization of C$3.27 billion, a PE ratio of -67.13 and a beta of 0.75. The company has a debt-to-equity ratio of 120.87, a quick ratio of 0.10 and a current ratio of 0.14.

Crombie Real Estate Investment Trust (TSE:CRR.UN) last released its quarterly earnings data 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%. Analysts expect that Crombie Real Estate Investment Trust will post 0.6535637 EPS for the current fiscal year.

Crombie Real Estate Investment Trust Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 15th were given a dividend of $0.075 per share. This represents a c) dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend was Thursday, April 30th. Crombie Real Estate Investment Trust’s payout ratio is -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.