SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF – Free Report) – Equities researchers at National Bank Financial reduced their FY2025 earnings estimates for SmartCentres Real Estate Investment Trust in a research report issued on Sunday, December 15th. National Bank Financial analyst M. Kornack now expects that the company will earn $1.53 per share for the year, down from their previous estimate of $1.58. The consensus estimate for SmartCentres Real Estate Investment Trust’s current full-year earnings is $1.58 per share.
Separately, TD Securities upgraded SmartCentres Real Estate Investment Trust from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 19th.
SmartCentres Real Estate Investment Trust Trading Down 2.8 %
OTCMKTS CWYUF opened at $17.24 on Wednesday. The firm has a market capitalization of $3.07 billion, a price-to-earnings ratio of 26.12 and a beta of 1.17. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.30 and a current ratio of 0.39. SmartCentres Real Estate Investment Trust has a one year low of $15.82 and a one year high of $20.23. The company’s 50 day moving average price is $18.24 and its 200 day moving average price is $17.91.
SmartCentres Real Estate Investment Trust Cuts Dividend
The company also recently declared a dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 2nd were paid a $0.1097 dividend. The ex-dividend date was Friday, November 29th. This represents a yield of 7.31%. SmartCentres Real Estate Investment Trust’s dividend payout ratio (DPR) is 206.06%.
About SmartCentres Real Estate Investment Trust
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.
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