Plaza Retail REIT (TSE:PLZ.UN) Announces Quarterly Earnings Results

Plaza Retail REIT (TSE:PLZ.UN) announced its quarterly earnings results on Wednesday. The company reported C$0.14 EPS for the quarter, FiscalAI reports. Plaza Retail REIT had a net margin of 9.40% and a return on equity of 2.07%. The firm had revenue of C$32.15 million for the quarter.

Plaza Retail REIT Trading Up 0.6%

PLZ.UN opened at C$5.31 on Friday. The firm has a market cap of C$586.59 million, a price-to-earnings ratio of 9.37 and a beta of 0.61. Plaza Retail REIT has a 52 week low of C$3.96 and a 52 week high of C$5.37. The business’s 50 day moving average is C$5.27 and its two-hundred day moving average is C$4.78. The company has a quick ratio of 0.06, a current ratio of 0.22 and a debt-to-equity ratio of 124.16.

Plaza Retail REIT Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, November 16th. Shareholders of record on Monday, November 16th will be given a dividend of $0.0233 per share. The ex-dividend date of this dividend is Friday, October 30th. This represents a $0.28 annualized dividend and a yield of 5.3%. Plaza Retail REIT’s payout ratio is 49.39%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Canaccord Genuity Group cut shares of Plaza Retail REIT from a “buy” rating to a “hold” rating and reduced their price target for the company from C$5.75 to C$5.65 in a research report on Monday, October 26th. Desjardins lowered Plaza Retail REIT from a “buy” rating to a “hold” rating and raised their price objective for the stock from C$5.00 to C$5.50 in a report on Friday, August 7th. Three investment analysts have rated the stock with a Hold rating. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of C$5.30.

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.