CT Real Estate Investment Trust (CRT.UN) Stock Price, News & Analysis

Company Overview

CT Real Estate Investment Trust is an unincorporated, closed-end real estate investment trust formed to own income-producing commercial properties located primarily in Canada. Its portfolio is comprised of over 370 properties totalling more than 30 million square feet of GLA, consisting primarily of net lease single-tenant retail properties located across Canada. Canadian Tire Corporation, Limited, is CT Real Estate Investment Trust's most significant tenant.

Key Stats

• Today's Range: C$14.00 to C$14.57
• 50-Day Range: C$14.10 to C$15.84
• 52-Week Range: C$12.80 to C$16.32
• Volume: 1.60 million shs
• Average Volume: 151,265 shs
• Market Capitalization: C$1.58 billion
• P/E Ratio: 15.82
• Dividend Yield: 6.39%
• Price Target: C$15.69
• Consensus Rating: Hold

CT Real Estate Investment Trust Stock Analysis - MarketRank™

CT Real Estate Investment Trust scored higher than 33% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

CT Real Estate Investment Trust has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

CT Real Estate Investment Trust has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of CT Real Estate Investment Trust is 15.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.41.

Price to Earnings Ratio vs. Sector

The P/E ratio of CT Real Estate Investment Trust is 15.82, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 241.03.

Price to Earnings Growth Ratio

CT Real Estate Investment Trust has a PEG Ratio of 0.76. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

CT Real Estate Investment Trust has a P/B Ratio of 1.95. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CRT.UN.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

CT Real Estate Investment Trust is a leading dividend payer. It pays a dividend yield of 6.01%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

CT Real Estate Investment Trust does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of CT Real Estate Investment Trust is 101.09%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for CRT.UN.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.28

News Sentiment

CT Real Estate Investment Trust has a news sentiment score of 1.28. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for CT Real Estate Investment Trust this week, compared to 0 articles on an average week.

MarketBeat Follows

Only 1 people have added CT Real Estate Investment Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, CT Real Estate Investment Trust insiders have not sold or bought any company stock.

Percentage Held by Insiders

31.46% of the stock of CT Real Estate Investment Trust is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 15.54% of the stock of CT Real Estate Investment Trust is held by institutions.

CRT.UN Stock Analysis - Frequently Asked Questions

How have CRT.UN shares performed this year?

CT Real Estate Investment Trust's stock was trading at C$14.65 at the beginning of the year. Since then, CRT.UN stock has decreased by 0.7% and is now trading at C$14.55.
View the best growth stocks for 2024 here.

How do I buy shares of CT Real Estate Investment Trust?

Shares of CRT.UN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

Company Calendar

• Ex-Dividend for 11/15 Dividend: 10/31/2024
• Dividend Payable: 11/15/2024
• Today: 12/21/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Real Estate
• Industry: REIT - Retail
• Sub-Industry: N/A
• Current Symbol: TSE:CRT.UN
• CUSIP: N/A
• CIK: N/A
• Web: www.ctreit.com
• Phone: +1-416-4808725
• Fax: N/A
• Employees: 68
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$15.69
• High Stock Price Target: C$16.25
• Low Stock Price Target: C$14.50
• Potential Upside/Downside: +7.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.92
• Trailing P/E Ratio: 15.82
• Forward P/E Ratio: 12.44
• P/E Growth: 0.76
• Net Income: C$116.80 million
• Net Margins: 20.63%
• Pretax Margin: N/A
• Return on Equity: 6.46%
• Return on Assets: 3.85%

Debt

• Debt-to-Equity Ratio: 75.45
• Current Ratio: 0.11
• Quick Ratio: 0.10

Sales & Book Value

• Annual Sales: C$566.11 million
• Price / Sales: 2.78
• Cash Flow: C$0.02 per share
• Price / Cash Flow: 591.54
• Book Value: C$7.47 per share
• Price / Book: 1.95

Miscellaneous

• Outstanding Shares: 108,320,000
• Free Float: N/A
• Market Cap: C$1.58 billion
• Optionable: Not Optionable
• Beta: 1.00