Bsr Real Estate Investment Trust Announces Monthly Dividend of $0.05 (TSE:HOM.U)

Bsr Real Estate Investment Trust (TSE:HOM.U) declared a monthly dividend on Monday, September 30th, TickerTech reports. Shareholders of record on Tuesday, October 15th will be given a dividend of 0.0467 per share on Tuesday, October 15th. This represents a $0.56 annualized dividend and a yield of 3.96%. The ex-dividend date of this dividend is Monday, September 30th.

Bsr Real Estate Investment Trust Price Performance

HOM.U stock opened at C$14.14 on Friday. The company has a market capitalization of C$471.99 million, a PE ratio of -2.41 and a beta of 1.08. The company’s fifty day moving average price is C$13.17 and its 200-day moving average price is C$11.95. Bsr Real Estate Investment Trust has a one year low of C$9.99 and a one year high of C$14.48. The company has a debt-to-equity ratio of 161.52, a quick ratio of 0.45 and a current ratio of 0.12.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. BMO Capital Markets upped their target price on shares of Bsr Real Estate Investment Trust from C$13.50 to C$14.50 and gave the company an “outperform” rating in a research report on Tuesday, August 13th. Scotiabank upgraded shares of Bsr Real Estate Investment Trust from a “sector perform” rating to an “outperform” rating and upped their target price for the company from C$15.50 to C$16.50 in a research report on Tuesday, September 3rd. Finally, TD Securities upped their price target on shares of Bsr Real Estate Investment Trust from C$14.00 to C$15.00 and gave the company a “buy” rating in a report on Thursday, August 8th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of C$15.00.

Bsr Real Estate Investment Trust Company Profile

BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT owns a portfolio of multifamily garden-style residential properties located in attractive primary and secondary markets in the Sunbelt region of the United States.