SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) Shares Down 0.6% – Time to Sell?

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUFGet Free Report) fell 0.6% on Wednesday . The stock traded as low as $17.43 and last traded at $17.43. 7,145 shares were traded during mid-day trading, a decline of 69% from the average session volume of 23,333 shares. The stock had previously closed at $17.53.

Analyst Upgrades and Downgrades

Separately, TD Securities raised shares of SmartCentres Real Estate Investment Trust from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 19th.

View Our Latest Stock Analysis on CWYUF

SmartCentres Real Estate Investment Trust Stock Performance

The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.39 and a current ratio of 0.39. The company has a market cap of $3.11 billion, a price-to-earnings ratio of 15.03 and a beta of 1.16. The company has a fifty day moving average of $17.39 and a two-hundred day moving average of $18.05.

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUFGet Free Report) last released its quarterly earnings results on Wednesday, February 12th. The company reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.01. SmartCentres Real Estate Investment Trust had a net margin of 30.60% and a return on equity of 4.44%. Equities research analysts anticipate that SmartCentres Real Estate Investment Trust will post 1.52 EPS for the current year.

SmartCentres Real Estate Investment Trust Increases Dividend

The company also recently declared a dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were given a dividend of $0.1084 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a yield of 7.15%. This is a boost from SmartCentres Real Estate Investment Trust’s previous dividend of $0.11. SmartCentres Real Estate Investment Trust’s dividend payout ratio is 109.48%.

SmartCentres Real Estate Investment Trust Company Profile

(Get Free Report)

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.

Further Reading

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