Trending stocks today
Crombie Real Estate Investment Trust (CRR.UN-T)
TSE:CRR.UN
14.46
0.24
(1.69%) 1d
Financials
Technical Analysis
$14.430
Owned
It holds mostly retail that contains Sobeys and is 40% in the east coast. Empire owns 40% of this. Last week's Q2 results were below expectations due to high debt. Rent collection was 93% in July, which is positive. New buildings will be mixed-use, which is positive but COVID has delayed and made the costs higher. They have a good pipeline and Empire's backing are pluses, but she sees better opportunities in other sectors. She likes this REIT, though, and sees it as a steady eddy.
Thinks it will be fine, despite Amazon. Debt still a bit high. Q2 was solid, occupancy at 96%. Substantial growth pipeline. Modelling 3.2% growth rate 2017-19. Payout ratio is 82%. Distribution is about 6.7%. Pretty cheap, 12.2x next year. Yield sensitive, so if rates go up, it won’t do the heavy lifting for your portfolio. You can own it here.
Crombie Real Estate Investment Trust(CRR.UN-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 1
Crombie Real Estate Investment Trust(CRR.UN-T) Frequently Asked Questions
What is Crombie Real Estate Investment Trust stock symbol?
Crombie Real Estate Investment Trust is a Canadian stock, trading under the symbol CRR.UN-T on the Toronto Stock Exchange (CRR.UN-CT). It is usually referred to as TSX:CRR.UN or CRR.UN-T
Is Crombie Real Estate Investment Trust a buy or a sell?
In the last year, 1 stock analyst published opinions about CRR.UN-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Crombie Real Estate Investment Trust.
Is Crombie Real Estate Investment Trust a good investment or a top pick?
Crombie Real Estate Investment Trust was recommended as a Top Pick by on . Read the latest stock experts ratings for Crombie Real Estate Investment Trust.
Why is Crombie Real Estate Investment Trust stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Crombie Real Estate Investment Trust worth watching?
1 stock analyst on Stockchase covered Crombie Real Estate Investment Trust In the last year. It is a trending stock that is worth watching.
What is Crombie Real Estate Investment Trust stock price?
On 2023-06-02, Crombie Real Estate Investment Trust (CRR.UN-T) stock closed at a price of $14.46.
