Crombie Real Estate Investment Trust (TSE:CRR.UN) Sets New 52-Week High – Should You Buy?

Crombie Real Estate Investment Trust (TSE:CRR.UN) reached a new 52-week high during trading on Friday . The stock traded as high as C$17.71 and last traded at C$17.68, with a volume of 23059 shares changing hands. The stock had previously closed at C$17.47.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on CRR.UN shares. TD boosted their target price 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 report on Monday, May 11th. Royal Bank Of Canada increased their price target on shares of Crombie Real Estate Investment Trust from C$16.50 to C$18.00 and gave the company a “sector perform” rating in a research note on Wednesday, May 13th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of C$17.62.

Crombie Real Estate Investment Trust Price Performance

The company has a current ratio of 0.14, a quick ratio of 0.10 and a debt-to-equity ratio of 120.87. The company has a 50 day moving average price of C$17.06 and a 200 day moving average price of C$16.24. The company has a market capitalization of C$3.31 billion, a P/E ratio of -68.02 and a beta of 0.75.

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 for the quarter. Crombie Real Estate Investment Trust had a return on equity of 6.00% and a net margin of 24.18%.The business had revenue of C$130.30 million for the quarter. On average, equities analysts predict that Crombie Real Estate Investment Trust will post 0.6535637 EPS for the current fiscal year.

Crombie Real Estate Investment Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 15th were given a $0.075 dividend. The ex-dividend date of this dividend was Thursday, April 30th. This represents a c) annualized dividend and a dividend yield of 5.1%. Crombie Real Estate Investment Trust’s dividend payout ratio is presently -345.76%.

About Crombie Real Estate Investment Trust

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.