Plaza Retail REIT (TSE:PLZ.UN – Get Free Report) shares passed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of C$5.27 and traded as high as C$5.30. Plaza Retail REIT shares last traded at C$5.28, with a volume of 294,725 shares traded.
Wall Street Analyst Weigh In
Separately, Desjardins lowered shares of Plaza Retail REIT from a “buy” rating to a “hold” rating and increased their target price for the company from C$5.00 to C$5.50 in a research note on Friday, August 7th. Two investment analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of C$5.12.
Check Out Our Latest Stock Analysis on PLZ.UN
Plaza Retail REIT Price Performance
Plaza Retail REIT (TSE:PLZ.UN – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported C$0.15 earnings per share for the quarter. The business had revenue of C$32.19 million during the quarter. Plaza Retail REIT had a return on equity of 2.07% and a net margin of 9.40%.
Plaza Retail REIT Announces Dividend
The company also recently announced a monthly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, August 17th were given a $0.0233 dividend. This represents a $0.28 annualized dividend and a dividend yield of 5.3%. The ex-dividend date of this dividend was Friday, July 31st. Plaza Retail REIT’s dividend payout ratio (DPR) is 49.39%.
Plaza Retail REIT Company Profile
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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