Crombie REIT Announces May 2025 Distribution

The latest update is out from Crombie Real Estate ate ( ($TSE:CRR.UN) ).

Crombie Real Estate Investment Trust announced a monthly distribution of $0.07417 per unit for May 2025, payable on June 13, 2025, to unitholders of record as of May 31, 2025. This announcement reflects Crombie’s ongoing commitment to providing value to its stakeholders and maintaining its position as a leading real estate investment trust in Canada.

The most recent analyst rating on ($TSE:CRR.UN) stock is a Buy with a C$14.75 price target. To see the full list of analyst forecasts on Crombie Real Estate ate stock, see the TSE:CRR.UN Stock Forecast page.

Spark’s Take on TSE:CRR.UN Stock

According to Spark, TipRanks’ AI Analyst, TSE:CRR.UN is a Neutral.

Crombie Real Estate demonstrates strong financial performance and operational resilience, underpinned by strategic partnerships and historic occupancy levels. While technical indicators suggest caution due to short-term bearish trends, the company remains attractive due to its robust dividend yield and strategic focus. Valuation concerns due to a negative P/E ratio are a notable risk, but they are offset by the company’s strong cash flow and management effectiveness. Overall, Crombie REIT is well-positioned for future growth, though investors should remain mindful of its leverage and market volatility.

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. Its portfolio primarily includes grocery-anchored retail, retail-related industrial, and mixed-use residential properties, with a significant pipeline of future development projects.

Average Trading Volume: 203,846

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$2.63B

See more data about CRR.UN stock on TipRanks’ Stock Analysis page.