SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF - Free Report) - Investment analysts at National Bank Financial issued their Q3 2024 earnings per share (EPS) estimates for shares of SmartCentres Real Estate Investment Trust in a report released on Tuesday, October 8th. National Bank Financial analyst M. Kornack forecasts that the company will earn $0.39 per share for the quarter. The consensus estimate for SmartCentres Real Estate Investment Trust's current full-year earnings is $1.51 per share.
Separately, Cibc World Mkts upgraded SmartCentres Real Estate Investment Trust to a "strong-buy" rating in a report on Monday, August 12th.
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SmartCentres Real Estate Investment Trust Stock Performance
OTCMKTS CWYUF traded up $0.23 on Friday, hitting $18.56. 48,172 shares of the company's stock were exchanged, compared to its average volume of 17,994. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.30 and a quick ratio of 0.30. The firm's 50-day moving average price is $18.72 and its two-hundred day moving average price is $17.36. SmartCentres Real Estate Investment Trust has a fifty-two week low of $14.98 and a fifty-two week high of $20.23. The firm has a market cap of $3.31 billion, a price-to-earnings ratio of 15.15 and a beta of 1.16.
SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF - Get Free Report) last released its earnings results on Thursday, August 8th. The company reported $0.52 earnings per share (EPS) for the quarter. SmartCentres Real Estate Investment Trust had a return on equity of 4.67% and a net margin of 34.42%. The company had revenue of $166.68 million for the quarter.
SmartCentres Real Estate Investment Trust Increases Dividend
The firm also recently declared a dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 1st will be paid a dividend of $0.1134 per share. This represents a dividend yield of 6.81%. The ex-dividend date is Monday, September 30th. This is a positive change from SmartCentres Real Estate Investment Trust's previous dividend of $0.11. SmartCentres Real Estate Investment Trust's dividend payout ratio is currently 113.22%.
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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