Bsr Real Estate Investment Trust (TSE:HOM.U) Trading 1.3% Higher – Time to Buy?

Bsr Real Estate Investment Trust (TSE:HOM.U)’s stock price traded up 1.3% during trading on Tuesday . The stock traded as high as C$13.13 and last traded at C$13.13. 27,260 shares were traded during mid-day trading, a decline of 18% from the average session volume of 33,043 shares. The stock had previously closed at C$12.96.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Scotiabank upgraded shares of Bsr Real Estate Investment Trust from a “sector perform” rating to an “outperform” rating and increased their target price for the stock from C$15.50 to C$16.50 in a report on Tuesday, September 3rd. BMO Capital Markets increased their price target on shares of Bsr Real Estate Investment Trust from C$13.50 to C$14.50 and gave the company an “outperform” rating in a research note on Tuesday, August 13th. Finally, TD Securities increased their price target on shares of Bsr Real Estate Investment Trust from C$14.00 to C$15.00 and gave the company a “buy” rating in a research note on Thursday, August 8th.

Bsr Real Estate Investment Trust Stock Up 1.3 %

The stock’s fifty day moving average is C$13.50 and its two-hundred day moving average is C$12.53. The company has a current ratio of 0.12, a quick ratio of 0.45 and a debt-to-equity ratio of 161.52. The company has a market capitalization of C$438.28 million, a PE ratio of -2.24 and a beta of 1.08.

Bsr Real Estate Investment Trust Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 15th were given a $0.0467 dividend. This represents a $0.56 annualized dividend and a dividend yield of 4.27%. The ex-dividend date of this dividend was Thursday, October 31st. Bsr Real Estate Investment Trust’s dividend payout ratio (DPR) is -9.56%.

About Bsr Real Estate Investment Trust

BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT owns a portfolio of multifamily garden-style residential properties located in attractive primary and secondary markets in the Sunbelt region of the United States.