Plaza Retail REIT (TSE:PLZ.UN) Announces Quarterly Earnings Results

Plaza Retail REIT (TSE:PLZ.UN) issued its earnings results on Wednesday. The company reported C$0.14 earnings per share (EPS) for the quarter, FiscalAI reports. Plaza Retail REIT had a net margin of 9.40% and a return on equity of 2.07%. The firm had revenue of C$32.15 million for the quarter.

Plaza Retail REIT Price Performance

TSE PLZ.UN opened at C$5.28 on Thursday. Plaza Retail REIT has a 52 week low of C$3.96 and a 52 week high of C$5.37. The company has a current ratio of 0.22, a quick ratio of 0.06 and a debt-to-equity ratio of 124.16. The stock has a market cap of C$583.28 million, a price-to-earnings ratio of 9.31 and a beta of 0.61. The company has a 50-day moving average price of C$5.27 and a two-hundred day moving average price of C$4.77.

Plaza Retail REIT Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, November 16th. Shareholders of record on Monday, November 16th will be given a $0.0233 dividend. The ex-dividend date is Friday, October 30th. This represents a $0.28 annualized dividend and a yield of 5.3%. Plaza Retail REIT’s dividend payout ratio is 49.39%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on PLZ.UN. Canaccord Genuity Group cut Plaza Retail REIT from a “buy” rating to a “hold” rating and dropped their price target for the stock from C$5.75 to C$5.65 in a research report on Monday, October 26th. Desjardins downgraded Plaza Retail REIT from a “buy” rating to a “hold” rating and raised their price target for the stock from C$5.00 to C$5.50 in a report on Friday, August 7th. Three analysts have rated the stock with a Hold rating. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of C$5.30.

About Plaza Retail REIT

Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza’s portfolio at June 30, 2026 includes interests in 189 properties totaling approximately 8.8 million square feet across Canada and additional lands held for development. Plaza’s portfolio largely consists of open-air centres and stand-alone small box retail outlets and is predominantly occupied by national tenants with a focus on the essential needs, value and convenience market segments.