Crombie Real Estate Investment Trust (TSE:CRR.UN) Sets New 12-Month High – Here’s What Happened

Crombie Real Estate Investment Trust (TSE:CRR.UN) shares reached a new 52-week high during trading on Friday . The company traded as high as C$17.71 and last traded at C$17.68, with a volume of 23059 shares changing hands. The stock had previously closed at C$17.47.

Analyst Upgrades and Downgrades

A number of analysts recently commented on CRR.UN shares. TD lifted their price objective on 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 upped their target price 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 analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$17.62.

Crombie Real Estate Investment Trust Price Performance

The company has a 50 day moving average of C$17.08 and a 200 day moving average of C$16.25. The stock has a market capitalization of C$3.31 billion, a price-to-earnings ratio of -67.98 and a beta of 0.75. The company has a quick ratio of 0.10, a current ratio of 0.14 and a debt-to-equity ratio of 120.87.

Crombie Real Estate Investment Trust (TSE:CRR.UN) last posted its quarterly earnings results on Wednesday, May 6th. The company reported C$0.65 EPS for the quarter. Crombie Real Estate Investment Trust had a return on equity of 6.00% and a net margin of 24.18%.The company had revenue of C$130.30 million during the quarter. As a group, equities research analysts forecast that Crombie Real Estate Investment Trust will post 0.6535637 EPS for the current fiscal year.

Crombie Real Estate Investment Trust Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 15th were given a $0.075 dividend. The ex-dividend date of this dividend was Thursday, April 30th. This represents a c) annualized dividend and a dividend yield of 5.1%. Crombie Real Estate Investment Trust’s dividend payout ratio (DPR) is currently -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.