Bsr Real Estate Investment Trust (TSE:HOM.U) Stock Price Down 0.1% – Time to Sell?

Shares of Bsr Real Estate Investment Trust (TSE:HOM.U) traded down 0.1% during trading on Monday . The company traded as low as C$12.40 and last traded at C$12.49. 28,467 shares traded hands during trading, an increase of 34% from the average session volume of 21,224 shares. The stock had previously closed at C$12.50.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on HOM.U. National Bankshares increased their price objective on shares of Bsr Real Estate Investment Trust from C$12.50 to C$13.00 and gave the company a “sector perform” rating in a report on Friday, December 12th. Scotiabank increased their price target on Bsr Real Estate Investment Trust from C$14.50 to C$15.00 and gave the company an “outperform” rating in a research note on Friday, December 12th. Finally, TD Securities lowered their price target on Bsr Real Estate Investment Trust from C$16.00 to C$15.50 and set a “buy” rating on the stock in a research report on Friday, December 12th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$14.75.

Bsr Real Estate Investment Trust Price Performance

The company has a debt-to-equity ratio of 161.52, a quick ratio of 0.45 and a current ratio of 0.12. The company’s 50 day moving average price is C$12.07 and its 200-day moving average price is C$12.31. The company has a market cap of C$418.12 million, a price-to-earnings ratio of -20.40 and a beta of 0.95.

Bsr Real Estate Investment Trust Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 15th were given a $0.0467 dividend. The ex-dividend date was Sunday, November 30th. This represents a c) annualized dividend and a yield of 4.5%. Bsr Real Estate Investment Trust’s payout ratio is -91.53%.

About Bsr Real Estate Investment Trust

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.