SmartCentres Real Estate Investment Trust (CWYUF) to Release Quarterly Earnings on Wednesday

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUFGet Free Report) is projected to announce its earnings results after the market closes on Wednesday, May 7th. Analysts expect the company to announce earnings of $0.38 per share and revenue of $240.90 million for the quarter.

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUFGet Free Report) last issued its quarterly earnings data on Wednesday, February 12th. The company reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.01. SmartCentres Real Estate Investment Trust had a net margin of 30.60% and a return on equity of 4.44%. On average, analysts expect SmartCentres Real Estate Investment Trust to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

SmartCentres Real Estate Investment Trust Price Performance

OTCMKTS CWYUF opened at $18.51 on Tuesday. The business’s fifty day moving average is $17.77 and its 200 day moving average is $17.68. SmartCentres Real Estate Investment Trust has a fifty-two week low of $15.82 and a fifty-two week high of $20.23. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.39 and a current ratio of 0.39. The company has a market capitalization of $3.30 billion, a PE ratio of 15.96 and a beta of 0.91.

SmartCentres Real Estate Investment Trust Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, May 1st will be given a dividend of $0.1542 per share. This is a boost from SmartCentres Real Estate Investment Trust’s previous dividend of $0.11. This represents a dividend yield of 10.14%. The ex-dividend date is Wednesday, April 30th. SmartCentres Real Estate Investment Trust’s payout ratio is presently 110.34%.

About SmartCentres Real Estate Investment Trust

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SmartCentres is one of Canada’s largest fully integrated REITs, with a best-in-class and growing mixed-use portfolio featuring 191 strategically located properties in communities across the country. SmartCentres has approximately $12.0 billion in assets and owns 35.0 million square feet of income producing value-oriented retail and first-class office properties with 98.5% in place and committed occupancy, on 3,500 acres of owned land across Canada.

See Also

Earnings History for SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF)

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