Crombie Real Estate Investment Trust (TSE:CRR.UN) Announces Quarterly Earnings Results

Crombie Real Estate Investment Trust (TSE:CRR.UN) released its quarterly earnings results on Wednesday. The company reported C$0.65 EPS for the quarter, FiscalAI reports. The firm had revenue of C$130.30 million during the quarter. Crombie Real Estate Investment Trust had a return on equity of 6.00% and a net margin of 24.18%.

Crombie Real Estate Investment Trust Stock Performance

TSE CRR.UN traded up C$0.22 during mid-day trading on Wednesday, reaching C$17.21. 173,817 shares of the stock were exchanged, compared to its average volume of 208,766. The business’s 50 day moving average is C$16.27 and its 200-day moving average is C$15.74. The company has a market capitalization of C$3.22 billion, a P/E ratio of -61.52 and a beta of 0.77. Crombie Real Estate Investment Trust has a 1 year low of C$14.07 and a 1 year high of C$17.25. The company has a debt-to-equity ratio of 120.87, a quick ratio of 0.11 and a current ratio of 0.14.

Crombie Real Estate Investment Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, May 15th will be issued a dividend of $0.075 per share. The ex-dividend date of this dividend is Thursday, April 30th. This represents a c) dividend on an annualized basis and a yield of 5.2%. Crombie Real Estate Investment Trust’s dividend payout ratio is -319.64%.

Analyst Ratings Changes

Separately, Raymond James Financial downgraded Crombie Real Estate Investment Trust from a “strong-buy” rating to an “outperform” rating in a research report on Wednesday, January 14th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of C$17.25.

About Crombie Real Estate Investment Trust

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.