Bsr Real Estate Investment Trust (TSE:HOM.U) Plans Monthly Dividend of $0.05

Bsr Real Estate Investment Trust (TSE:HOM.U) declared a monthly dividend on Monday, September 30th, TickerTech reports. Investors of record on Tuesday, October 15th will be given a dividend of 0.0467 per share on Tuesday, October 15th. This represents a $0.56 annualized dividend and a yield of 3.96%. The ex-dividend date is Monday, September 30th.

Bsr Real Estate Investment Trust Stock Up 0.5 %

HOM.U stock traded up C$0.08 during midday trading on Friday, hitting C$14.14. The company’s stock had a trading volume of 26,340 shares, compared to its average volume of 34,168. The company has a market cap of C$471.99 million, a PE ratio of -2.41 and a beta of 1.08. Bsr Real Estate Investment Trust has a 12 month low of C$9.99 and a 12 month high of C$14.48. The company has a current ratio of 0.12, a quick ratio of 0.45 and a debt-to-equity ratio of 161.52. The firm’s 50-day moving average is C$13.17 and its 200-day moving average is C$11.95.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on HOM.U shares. Scotiabank upgraded shares of Bsr Real Estate Investment Trust from a “sector perform” rating to an “outperform” rating and boosted their target price for the company from C$15.50 to C$16.50 in a research note on Tuesday, September 3rd. TD Securities upped their target price on shares of Bsr Real Estate Investment Trust from C$14.00 to C$15.00 and gave the stock a “buy” rating in a report on Thursday, August 8th. Finally, BMO Capital Markets increased their price objective on shares of Bsr Real Estate Investment Trust from C$13.50 to C$14.50 and gave the company an “outperform” rating in a report on Tuesday, August 13th. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of C$15.00.

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.