CT Real Estate Investment Trust (TSE:CRT.UN - Get Free Report) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$14.92 and traded as low as C$14.37. CT Real Estate Investment Trust shares last traded at C$14.51, with a volume of 232,338 shares.
Wall Street Analysts Forecast Growth
CRT.UN has been the topic of several analyst reports. National Bankshares set a C$16.25 target price on CT Real Estate Investment Trust and gave the company a "sector perform" rating in a report on Friday, December 20th. Desjardins dropped their price target on shares of CT Real Estate Investment Trust from C$16.00 to C$15.50 and set a "hold" rating on the stock in a research report on Wednesday, February 12th.
Get Our Latest Stock Analysis on CRT.UN
CT Real Estate Investment Trust Stock Performance
The company has a current ratio of 0.11, a quick ratio of 0.10 and a debt-to-equity ratio of 75.45. The company has a 50-day moving average price of C$14.58 and a two-hundred day moving average price of C$14.90. The stock has a market capitalization of C$1.57 billion, a P/E ratio of 15.75, a price-to-earnings-growth ratio of 0.76 and a beta of 1.00.
CT Real Estate Investment Trust Dividend Announcement
The firm also recently declared a monthly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 17th were paid a $0.0771 dividend. This represents a $0.93 annualized dividend and a yield of 6.39%. The ex-dividend date of this dividend was Friday, February 28th. CT Real Estate Investment Trust's dividend payout ratio (DPR) is presently 101.09%.
About CT Real Estate Investment Trust
(
Get Free Report)
CT Real Estate Investment Trust is an unincorporated real estate investment trust that invests in retail properties across Canada. The most significant portion of properties are located in Ontario, followed by Quebec and Western Canada. The trust generates the vast majority of revenue from leasing its properties to Canadian Tire Corporation, which operates the Canadian Tire retail stores.
See Also
Before you consider CT Real Estate Investment Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CT Real Estate Investment Trust wasn't on the list.
While CT Real Estate Investment Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
