Bsr Real Estate Investment Trust (TSE:HOM.U) Trading Down 1% – Should You Sell?

by · The Cerbat Gem

Bsr Real Estate Investment Trust (TSE:HOM.U – Get Free Report)’s stock price dropped 1% on Tuesday . The company traded as low as C$11.22 and last traded at C$11.22. Approximately 3,791 shares were traded during mid-day trading, a decline of 85% from the average daily volume of 24,835 shares. The stock had previously closed at C$11.33.

Analyst Ratings Changes

A number of analysts recently commented on the stock. Royal Bank Of Canada cut shares of Bsr Real Estate Investment Trust from an “outperform” rating to a “sector perform” rating and lowered their target price for the stock from C$14.50 to C$13.00 in a research note on Friday, March 13th. TD Securities decreased their price objective on shares of Bsr Real Estate Investment Trust from C$15.50 to C$13.00 and set a “buy” rating for the company in a research note on Friday, March 13th. Desjardins cut their price target on shares of Bsr Real Estate Investment Trust from C$14.00 to C$13.00 and set a “buy” rating for the company in a report on Friday, March 13th. Finally, National Bank Financial cut their price target on shares of Bsr Real Estate Investment Trust from C$13.00 to C$12.50 and set a “sector perform” rating for the company in a report on Friday, March 13th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$13.30.

View Our Latest Report on Bsr Real Estate Investment Trust

Bsr Real Estate Investment Trust Stock Performance

The company has a market cap of C$384.09 million, a PE ratio of 243.02 and a beta of 0.88. The firm’s fifty day moving average is C$11.46 and its 200 day moving average is C$11.89. The company has a current ratio of 0.12, a quick ratio of 0.45 and a debt-to-equity ratio of 161.52.

Bsr Real Estate Investment Trust Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 15th were issued a dividend of $0.0467 per share. The ex-dividend date of this dividend was Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. Bsr Real Estate Investment Trust’s dividend payout ratio is presently 1,205.21%.

About Bsr Real Estate Investment Trust

(Get Free Report)

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.

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