SmartCentres Real Estate Investment Trst (TSE:SRU.UN) Issues Earnings Results

SmartCentres Real Estate Investment Trst (TSE:SRU.UN) released its quarterly earnings data on Wednesday. The company reported C$1.01 earnings per share for the quarter, FiscalAI reports. SmartCentres Real Estate Investment Trst had a return on equity of 5.35% and a net margin of 29.07%. The company had revenue of C$220.66 million for the quarter.

SmartCentres Real Estate Investment Trst Price Performance

SmartCentres Real Estate Investment Trst stock opened at C$27.92 on Friday. The business has a 50 day simple moving average of C$26.93 and a 200 day simple moving average of C$28.03. The company has a debt-to-equity ratio of 80.88, a current ratio of 0.17 and a quick ratio of 0.10. The company has a market capitalization of C$4.76 billion, a PE ratio of 30.30 and a beta of 0.76. SmartCentres Real Estate Investment Trst has a one year low of C$25.01 and a one year high of C$30.90.

About SmartCentres Real Estate Investment Trst

SmartCentres is one of Canada’s largest fully integrated REITs, with a best-in-class and growing mixed-use portfolio featuring 200 strategically located properties in communities across the country. SmartCentres has approximately $12.3 billion in assets consisting of income producing value-oriented retail, purpose-built rental, first-class office and self-storage properties. SmartCentres owns 35.5 million square feet of leasable space with 97.6% in place and committed occupancy, on 3,500 acres of owned land across Canada.