BTB Real Estate Investment Trust (TSE:BTB.UN – Free Report) had its price objective decreased by National Bank Financial from C$3.50 to C$3.35 in a research note issued to investors on Thursday morning,BayStreet reports. National Bank Financial currently has a sector perform rating on the real estate investment trust’s stock.
BTB Real Estate Investment Trust Stock Performance
Shares of BTB.UN stock opened at C$3.55 on Thursday. BTB Real Estate Investment Trust has a one year low of C$3.36 and a one year high of C$4.33. The company has a debt-to-equity ratio of 150.90, a quick ratio of 0.17 and a current ratio of 0.16. The company has a 50 day moving average price of C$3.64 and a 200 day moving average price of C$3.83. The firm has a market capitalization of C$315.97 million, a price-to-earnings ratio of 11.83 and a beta of 0.46.
BTB Real Estate Investment Trust (TSE:BTB.UN – Get Free Report) last posted its quarterly earnings results on Tuesday, November 10th. The real estate investment trust reported C$0.07 earnings per share for the quarter. The company had revenue of C$31.50 million for the quarter. BTB Real Estate Investment Trust had a net margin of 24.50% and a return on equity of 6.58%. Sell-side analysts anticipate that BTB Real Estate Investment Trust will post 0.40 EPS for the current year.
BTB Real Estate Investment Trust Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Tuesday, December 15th. Investors of record on Tuesday, December 15th will be given a $0.0250 dividend. This represents a $0.30 annualized dividend and a dividend yield of 8.5%. The ex-dividend date of this dividend is Friday, November 27th. BTB Real Estate Investment Trust’s dividend payout ratio (DPR) is 100.00%.
About BTB Real Estate Investment Trust
BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB invests in industrial, suburban office and necessity-based retail properties across Canada for the benefit of their investors. As of today, BTB owns and manages 72 properties, representing a total leasable area of approximately 6 million square feet. People and their stories are at the heart of our success.
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