Crombie Real Estate Investment Trust (TSE:CRR.UN) Sets New 1-Year High – Time to Buy?

Crombie Real Estate Investment Trust (TSE:CRR.UN)’s share price reached a new 52-week high on Thursday . The stock traded as high as C$17.67 and last traded at C$17.18, with a volume of 209077 shares trading hands. The stock had previously closed at C$17.35.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. TD increased their price objective on shares of Crombie Real Estate Investment Trust from C$17.50 to C$18.00 and gave the stock a “buy” rating in a research report on Monday, May 11th. Royal Bank Of Canada increased their target price on shares of Crombie Real Estate Investment Trust from C$16.50 to C$18.00 and gave the stock a “sector perform” rating in a report on Wednesday, May 13th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of C$17.63.

Crombie Real Estate Investment Trust Stock Down 1.4%

The company has a market cap of C$3.16 billion, a price-to-earnings ratio of -64.94 and a beta of 0.77. The firm’s 50-day moving average price is C$16.59 and its 200-day moving average price is C$15.98. The company has a debt-to-equity ratio of 120.87, a current ratio of 0.14 and a quick ratio of 0.11.

Crombie Real Estate Investment Trust (TSE:CRR.UN) last announced its earnings results on Wednesday, May 6th. The company reported C$0.65 earnings per share for the quarter. Crombie Real Estate Investment Trust had a net margin of 24.18% and a return on equity of 6.00%. The business had revenue of C$130.30 million during the quarter. Sell-side analysts forecast that Crombie Real Estate Investment Trust will post 0.6535637 earnings per share for the current fiscal year.

Crombie Real Estate Investment Trust Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 15th were issued a dividend of $0.075 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend was Thursday, April 30th. Crombie Real Estate Investment Trust’s dividend payout ratio is -345.76%.

Crombie Real Estate Investment Trust Company Profile

Crombie invests in real estate with a vision of enriching communities together by building spaces and value today that leave a positive impact on tomorrow. As one of the country’s leading owners, operators, and developers of quality real estate assets, Crombie’s portfolio primarily includes grocery-anchored retail, retail-related industrial, and mixed-use residential properties. As at September 30, 2025, our portfolio contained 306 properties comprising approximately 18.8 million square feet, inclusive of joint ventures at Crombie’s share, and a significant pipeline of future development projects.