CT Real Estate Investment Trust (TSE:CRT.UN – Get Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$15.00 and traded as low as C$14.34. CT Real Estate Investment Trust shares last traded at C$14.35, with a volume of 148,905 shares changing hands.
Analysts Set New Price Targets
A number of equities analysts have weighed in on the stock. Desjardins decreased their target price on shares of CT Real Estate Investment Trust from C$16.00 to C$15.50 and set a “hold” rating for the company in a research note on Wednesday, February 12th. National Bankshares set a C$16.25 target price on shares of CT Real Estate Investment Trust and gave the company a “sector perform” rating in a research note on Friday, December 20th.
View Our Latest Report on CRT.UN
CT Real Estate Investment Trust Stock Up 0.1 %
CT Real Estate Investment Trust Announces Dividend
The business also recently announced a monthly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 17th will be issued a $0.0771 dividend. This represents a $0.93 annualized dividend and a yield of 6.44%. The ex-dividend date of this dividend is Friday, February 28th. CT Real Estate Investment Trust’s dividend payout ratio is currently 101.09%.
CT Real Estate Investment Trust Company Profile
CT Real Estate Investment Trust is an unincorporated real estate investment trust that invests in retail properties across Canada. The most significant portion of properties are located in Ontario, followed by Quebec and Western Canada. The trust generates the vast majority of revenue from leasing its properties to Canadian Tire Corporation, which operates the Canadian Tire retail stores.
Featured Stories
- Five stocks we like better than CT Real Estate Investment Trust
- Election Stocks: How Elections Affect the Stock Market
- Ignore Reports, Apple Won’t Install Starlink with iOS 18.3
- 3 Warren Buffett Stocks to Buy Now
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- Airline Stocks – Top Airline Stocks to Buy Now
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
Receive News & Ratings for CT Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CT Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.