Bsr Real Estate Investment Trust (TSE:HOM.U) Trading Up 1.3% - What's Next?

Bsr Real Estate Investment Trust (TSE:HOM.U - Get Free Report)'s share price traded up 1.3% during trading on Tuesday . The company traded as high as C$13.13 and last traded at C$13.13. 27,260 shares traded hands during mid-day trading, a decline of 18% from the average session volume of 33,043 shares. The stock had previously closed at C$12.96.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. BMO Capital Markets lifted their price target on shares of Bsr Real Estate Investment Trust from C$13.50 to C$14.50 and gave the company an "outperform" rating in a research note on Tuesday, August 13th. Scotiabank upgraded Bsr Real Estate Investment Trust from a "sector perform" rating to an "outperform" rating and raised their price target for the company from C$15.50 to C$16.50 in a research note on Tuesday, September 3rd. Finally, TD Securities lifted their price objective on Bsr Real Estate Investment Trust from C$14.00 to C$15.00 and gave the company a "buy" rating in a report on Thursday, August 8th.

Bsr Real Estate Investment Trust Stock Performance

The stock has a 50-day moving average of C$13.50 and a 200 day moving average of C$12.53. The stock has a market cap of C$440.62 million, a PE ratio of -2.24 and a beta of 1.08. The company has a quick ratio of 0.45, a current ratio of 0.12 and a debt-to-equity ratio of 161.52.

Bsr Real Estate Investment Trust Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 15th were given a dividend of $0.0467 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 4.25%. The ex-dividend date was Thursday, October 31st. Bsr Real Estate Investment Trust's dividend payout ratio is presently -9.56%.

Bsr Real Estate Investment Trust Company Profile

BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT owns a portfolio of multifamily garden-style residential properties located in attractive primary and secondary markets in the Sunbelt region of the United States.