Shares of CT Real Estate Investment Trust (TSE:CRT.UN - Get Free Report) have earned a consensus recommendation of "Hold" from the six ratings firms that are covering the stock, Marketbeat Ratings reports. Five analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is C$15.75.
Separately, TD Securities lifted their target price on shares of CT Real Estate Investment Trust from C$15.00 to C$16.00 and gave the stock a "hold" rating in a research note on Wednesday, September 4th.
Check Out Our Latest Analysis on CRT.UN
CT Real Estate Investment Trust Stock Performance
TSE CRT.UN traded down C$0.08 during trading hours on Thursday, reaching C$15.50. 162,607 shares of the company were exchanged, compared to its average volume of 151,232. CT Real Estate Investment Trust has a 1 year low of C$12.57 and a 1 year high of C$16.32. The business's 50 day simple moving average is C$15.51 and its 200-day simple moving average is C$14.32. The company has a quick ratio of 0.10, a current ratio of 0.11 and a debt-to-equity ratio of 75.45. The stock has a market capitalization of C$1.68 billion, a P/E ratio of 16.85, a P/E/G ratio of 0.76 and a beta of 1.00.
CT Real Estate Investment Trust Dividend Announcement
The company also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Friday, November 15th will be given a $0.0771 dividend. The ex-dividend date is Thursday, October 31st. This represents a $0.93 dividend on an annualized basis and a dividend yield of 5.97%. CT Real Estate Investment Trust's dividend payout ratio (DPR) is currently 101.09%.
About CT Real Estate Investment Trust
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Get Free ReportCT 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.
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