Crombie Real Estate Investment Trust (TSE:CRR.UN) Sets New 52-Week High – Here’s Why

Crombie Real Estate Investment Trust (TSE:CRR.UN) reached a new 52-week high on Thursday . The stock traded as high as C$17.77 and last traded at C$17.69, with a volume of 106259 shares. The stock had previously closed at C$17.38.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Royal Bank Of Canada lifted their price target on 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. TD increased 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 note on Monday, May 11th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of C$17.62.

Crombie Real Estate Investment Trust Price Performance

The stock has a 50 day moving average price of C$17.16 and a two-hundred day moving average price of C$16.34. The company has a debt-to-equity ratio of 120.87, a quick ratio of 0.10 and a current ratio of 0.14. The company has a market capitalization of C$3.33 billion, a PE ratio of -68.37 and a beta of 0.76.

Crombie Real Estate Investment Trust (TSE:CRR.UN) last announced its quarterly earnings results on Wednesday, May 6th. The company reported C$0.65 earnings per share (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 business had revenue of C$130.30 million during the quarter. Equities analysts forecast that Crombie Real Estate Investment Trust will post 0.6535637 earnings per share for the current year.

Crombie Real Estate Investment Trust Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 15th will be issued a dividend of $0.0758 per share. This represents a c) annualized dividend and a yield of 5.1%. This is an increase from Crombie Real Estate Investment Trust’s previous monthly dividend of $0.07. The ex-dividend date is Tuesday, June 30th. Crombie Real Estate Investment Trust’s dividend payout ratio is -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.