Bsr Real Estate Investment Trust (TSE:HOM.U) Hits New 1-Year Low – Should You Sell?

Bsr Real Estate Investment Trust (TSE:HOM.U)’s stock price reached a new 52-week low on Friday . The company traded as low as C$15.09 and last traded at C$10.57, with a volume of 47602 shares traded. The stock had previously closed at C$11.23.

Wall Street Analyst Weigh In

Several brokerages have issued reports on HOM.U. Scotiabank boosted their price objective on shares of Bsr Real Estate Investment Trust from C$14.50 to C$15.00 and gave the stock an “outperform” rating in a report on Friday, December 12th. National Bank Financial decreased their price objective on shares of Bsr Real Estate Investment Trust from C$13.00 to C$12.50 and set a “sector perform” rating for the company in a report on Friday, March 13th. Desjardins lowered their target price on Bsr Real Estate Investment Trust from C$14.00 to C$13.00 and set a “buy” rating for the company in a report on Friday, March 13th. Royal Bank Of Canada lowered shares of Bsr Real Estate Investment Trust from an “outperform” rating to a “sector perform” rating and lowered their price target for the stock from C$14.50 to C$13.00 in a research report on Friday, March 13th. Finally, TD Securities lowered their target price on Bsr Real Estate Investment Trust from C$15.50 to C$13.00 and set a “buy” rating on the stock in a research report on Friday, March 13th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$13.30.

Bsr Real Estate Investment Trust Stock Down 5.9%

The business’s 50 day moving average is C$12.30 and its 200-day moving average is C$12.21. The firm has a market capitalization of C$354.16 million, a price-to-earnings ratio of -5.65 and a beta of 0.77. The company has a debt-to-equity ratio of 161.52, a quick ratio of 0.45 and a current ratio of 0.12.

Bsr Real Estate Investment Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 16th were given a $0.0467 dividend. The ex-dividend date was Saturday, February 28th. This represents a c) annualized dividend and a yield of 5.3%. Bsr Real Estate Investment Trust’s payout ratio is presently -29.93%.

Bsr Real Estate Investment Trust Company Profile

BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT owns a portfolio of multifamily garden-style residential properties located in attractive primary and secondary markets in the Sunbelt region of the United States.