Crombie Real Estate Investment Trust (TSE:CRR.UN) Reaches New 12-Month High – Should You Buy?

Crombie Real Estate Investment Trust (TSE:CRR.UN) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$17.77 and last traded at C$17.69, with a volume of 106259 shares. The stock had previously closed at C$17.38.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on CRR.UN. TD lifted their price target on shares of Crombie Real Estate Investment Trust from C$17.50 to C$18.00 and gave the company a “buy” rating in a research note on Monday, May 11th. Royal Bank Of Canada increased their price objective 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 research report on Wednesday, May 13th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$17.62.

Crombie Real Estate Investment Trust Stock Performance

The company has a market capitalization of C$3.32 billion, a price-to-earnings ratio of -68.17 and a beta of 0.75. The stock’s 50 day moving average price is C$17.12 and its 200 day moving average price is C$16.31. The company has a current ratio of 0.14, a quick ratio of 0.10 and a debt-to-equity ratio of 120.87.

Crombie Real Estate Investment Trust (TSE:CRR.UN) last posted its quarterly earnings results on Wednesday, May 6th. The company reported C$0.65 earnings per share (EPS) for the quarter. The firm had revenue of C$130.30 million for the quarter. Crombie Real Estate Investment Trust had a net margin of 24.18% and a return on equity of 6.00%. Analysts expect that Crombie Real Estate Investment Trust will post 0.6535637 earnings per share for the current year.

Crombie Real Estate Investment Trust Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 15th will be issued a dividend of $0.0758 per share. This is a positive change from Crombie Real Estate Investment Trust’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a dividend yield of 5.1%. The ex-dividend date is Tuesday, June 30th. Crombie Real Estate Investment Trust’s dividend payout ratio is presently -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.