Bsr Real Estate Investment Trust (TSE:HOM.U) Stock Price Down 1.2% – Should You Sell?

Bsr Real Estate Investment Trust (TSE:HOM.U)’s stock price traded down 1.2% during mid-day trading on Friday . The stock traded as low as C$12.24 and last traded at C$12.30. 18,784 shares were traded during mid-day trading, a decline of 42% from the average session volume of 32,575 shares. The stock had previously closed at C$12.45.

Wall Street Analyst Weigh In

Separately, Scotiabank upgraded shares of Bsr Real Estate Investment Trust from a “sector perform” rating to an “outperform” rating and upped their target price for the stock from C$15.50 to C$16.50 in a research report on Tuesday, September 3rd.

Bsr Real Estate Investment Trust Trading Down 1.2 %

The business’s fifty day moving average price is C$13.04 and its 200 day moving average price is C$12.79. The company has a quick ratio of 0.45, a current ratio of 0.12 and a debt-to-equity ratio of 161.52. The firm has a market capitalization of C$410.57 million, a PE ratio of -2.10 and a beta of 1.08.

Bsr Real Estate Investment Trust Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 16th were given a dividend of $0.0467 per share. The ex-dividend date of this dividend was Saturday, November 30th. This represents a $0.56 annualized dividend and a yield of 4.56%. Bsr Real Estate Investment Trust’s dividend payout ratio (DPR) is presently -9.56%.

Bsr Real Estate Investment Trust Company Profile

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.