Shares of Plaza Retail REIT (TSE:PLZ.UN – Get Free Report) passed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of C$5.25 and traded as high as C$5.28. Plaza Retail REIT shares last traded at C$5.27, with a volume of 301,697 shares traded.
Analysts Set New Price Targets
Separately, Desjardins lowered Plaza Retail REIT from a “buy” rating to a “hold” rating and lifted their price objective for the company from C$5.00 to C$5.50 in a research note on Friday, August 7th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of C$5.12.
Get Our Latest Stock Report on PLZ.UN
Plaza Retail REIT Stock Performance
Plaza Retail REIT (TSE:PLZ.UN – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported C$0.15 EPS for the quarter. The business had revenue of C$32.19 million during the quarter. Plaza Retail REIT had a net margin of 9.40% and a return on equity of 2.07%.
Plaza Retail REIT Dividend Announcement
The company also recently announced a monthly dividend, which was paid on Monday, August 17th. Investors of record on Monday, August 17th were paid a $0.0233 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend was Friday, July 31st. Plaza Retail REIT’s dividend payout ratio is currently 49.39%.
Plaza Retail REIT Company Profile
Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza’s portfolio at June 30, 2026 includes interests in 189 properties totaling approximately 8.8 million square feet across Canada and additional lands held for development. Plaza’s portfolio largely consists of open-air centres and stand-alone small box retail outlets and is predominantly occupied by national tenants with a focus on the essential needs, value and convenience market segments.
Further Reading
- Five stocks we like better than Plaza Retail REIT
- Hims & Hers Slides Nearly 7% as Legal Pressure Adds to Its Growing List of Risks
- Paychex Plunges, Providing the Entry Investors Have Been Waiting For
- The Case for Buying High-Yield General Mills Just Strengthened
- SanDisk’s $1,800 Breakout Turns Memory Hardware Into a Profit Story
Receive News & Ratings for Plaza Retail REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Plaza Retail REIT and related companies with MarketBeat.com's FREE daily email newsletter.
