Plaza Retail REIT (TSE:PLZ.UN) Sets New 12-Month High – Here’s What Happened

Plaza Retail REIT (TSE:PLZ.UNGet Free Report) hit a new 52-week high during trading on Friday . The company traded as high as C$5.37 and last traded at C$5.35, with a volume of 9354 shares traded. The stock had previously closed at C$5.30.

Analysts Set New Price Targets

Separately, Desjardins cut shares of Plaza Retail REIT from a “buy” rating to a “hold” rating and upped their price objective for the stock from C$5.00 to C$5.50 in a research report on Friday, August 7th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Plaza Retail REIT presently has an average rating of “Hold” and a consensus price target of C$5.12.

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Plaza Retail REIT Stock Up 0.6%

The firm’s fifty day moving average price is C$4.97 and its 200-day moving average price is C$4.57. The company has a market capitalization of C$588.77 million, a price-to-earnings ratio of 9.40 and a beta of 0.75. The company has a debt-to-equity ratio of 124.16, a current ratio of 0.22 and a quick ratio of 0.06.

Plaza Retail REIT (TSE:PLZ.UNGet Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported C$0.15 earnings per share for the quarter. Plaza Retail REIT had a return on equity of 2.07% and a net margin of 9.40%.The business had revenue of C$32.19 million for the quarter.

Plaza Retail REIT Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, August 17th. Stockholders of record on Monday, August 17th will be issued a dividend of $0.0233 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date is Friday, July 31st. Plaza Retail REIT’s payout ratio is 49.38%.

Plaza Retail REIT Company Profile

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Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza’s portfolio at June 30, 2026 includes interests in 189 properties totaling approximately 8.8 million square feet across Canada and additional lands held for development. Plaza’s portfolio largely consists of open-air centres and stand-alone small box retail outlets and is predominantly occupied by national tenants with a focus on the essential needs, value and convenience market segments.

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