SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF - Free Report) - Research analysts at National Bank Financial decreased their FY2025 earnings estimates for SmartCentres Real Estate Investment Trust in a note issued to investors on Sunday, December 15th. National Bank Financial analyst M. Kornack now forecasts that the company will post earnings of $1.53 per share for the year, down from their prior estimate of $1.58. The consensus estimate for SmartCentres Real Estate Investment Trust's current full-year earnings is $1.58 per share.
Separately, TD Securities upgraded SmartCentres Real Estate Investment Trust from a "hold" rating to a "strong-buy" rating in a report on Tuesday, November 19th.
View Our Latest Stock Report on SmartCentres Real Estate Investment Trust
SmartCentres Real Estate Investment Trust Stock Down 2.4 %
OTCMKTS:CWYUF traded down $0.43 during midday trading on Wednesday, reaching $17.31. 25,555 shares of the stock traded hands, compared to its average volume of 21,686. The business has a 50-day moving average of $18.28 and a two-hundred day moving average of $17.91. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.30 and a current ratio of 0.39. SmartCentres Real Estate Investment Trust has a 12-month low of $15.82 and a 12-month high of $20.23. The stock has a market capitalization of $3.08 billion, a PE ratio of 26.23 and a beta of 1.17.
SmartCentres Real Estate Investment Trust Cuts Dividend
The business also recently disclosed a dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 2nd were issued a dividend of $0.1097 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a dividend yield of 7.31%. SmartCentres Real Estate Investment Trust's dividend payout ratio (DPR) is currently 206.06%.
About SmartCentres Real Estate Investment Trust
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SmartCentres is one of Canada's largest fully integrated REITs, with a best-in-class and growing mixed-use portfolio featuring 191 strategically located properties in communities across the country. SmartCentres has approximately $12.0 billion in assets and owns 35.0 million square feet of income producing value-oriented retail and first-class office properties with 98.5% in place and committed occupancy, on 3,500 acres of owned land across Canada.
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