Crombie Real Estate ate ( ($TSE:CRR.UN) ) just unveiled an announcement.
Crombie Real Estate Investment Trust announced a distribution of $0.07417 per unit for April 2025, payable on May 15, 2025, to unitholders of record as of April 30, 2025. This announcement reflects Crombie’s ongoing commitment to providing value to its investors and maintaining its position as a leading real estate investment trust in Canada, with a focus on enriching communities through strategic real estate investments.
Spark’s Take on TSE:CRR.UN Stock
According to Spark, TipRanks’ AI Analyst, TSE:CRR.UN is a Outperform.
Crombie REIT demonstrates strong financial performance with impressive revenue and profit growth, robust cash flow, and effective strategic initiatives. While technical indicators suggest some caution due to short-term bearish trends, the company’s strategic focus and healthy earnings call performance add confidence. Valuation concerns due to a negative P/E ratio are tempered by a strong dividend yield, maintaining a balanced outlook.
To see Spark’s full report on TSE:CRR.UN stock, click here.
More about Crombie Real Estate ate
Crombie Real Estate Investment Trust is a prominent player in the real estate industry, focusing on owning, operating, and developing quality real estate assets. Their portfolio mainly consists of grocery-anchored retail, retail-related industrial, and mixed-use residential properties. As of December 31, 2024, Crombie’s portfolio includes 304 properties totaling approximately 19.1 million square feet, with a significant pipeline of future development projects.
YTD Price Performance: 10.38%
Average Trading Volume: 213,294
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$2.58B
See more data about CRR.UN stock on TipRanks’ Stock Analysis page.