SmartCentres Real Estate Investment Trust (CWYUF) Projected to Post Quarterly Earnings on Wednesday

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF - Get Free Report) is projected to issue its quarterly earnings data after the market closes on Wednesday, February 12th. Analysts expect the company to announce earnings of $0.39 per share and revenue of $240.05 million for the quarter.

SmartCentres Real Estate Investment Trust Stock Up 2.2 %

Shares of CWYUF stock traded up $0.37 during mid-day trading on Friday, hitting $17.36. The company's stock had a trading volume of 4,908 shares, compared to its average volume of 21,233. SmartCentres Real Estate Investment Trust has a 52-week low of $15.82 and a 52-week high of $20.23. The business has a 50-day moving average price of $17.28 and a 200 day moving average price of $18.05. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.39 and a current ratio of 0.39. The stock has a market cap of $3.09 billion, a price-to-earnings ratio of 26.30 and a beta of 1.17.

SmartCentres Real Estate Investment Trust Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, February 17th. Stockholders of record on Monday, February 3rd will be paid a $0.1071 dividend. This represents a dividend yield of 7.63%. The ex-dividend date is Friday, January 31st. SmartCentres Real Estate Investment Trust's dividend payout ratio is currently 192.42%.

Analyst Ratings Changes

Separately, TD Securities upgraded SmartCentres Real Estate Investment Trust from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, November 19th.

SmartCentres Real Estate Investment Trust Company Profile

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.