Bsr Real Estate Investment Trust (HOM.U) To Go Ex-Dividend on October 31st

Bsr Real Estate Investment Trust (TSE:HOM.U) announced a monthly dividend on Thursday, October 31st, TickerTech reports. Shareholders of record on Friday, November 15th will be given a dividend of 0.0467 per share on Friday, November 15th. This represents a $0.56 annualized dividend and a yield of 4.21%. The ex-dividend date is Thursday, October 31st.

Bsr Real Estate Investment Trust Stock Performance

Shares of TSE:HOM.U traded up C$0.15 during trading on Tuesday, reaching C$13.30. The company had a trading volume of 2,700 shares, compared to its average volume of 33,397. Bsr Real Estate Investment Trust has a fifty-two week low of C$9.99 and a fifty-two week high of C$14.48. The company has a debt-to-equity ratio of 161.52, a current ratio of 0.12 and a quick ratio of 0.45. The stock’s fifty day moving average price is C$13.59 and its 200 day moving average price is C$12.30. The firm has a market capitalization of C$443.95 million, a price-to-earnings ratio of -2.24 and a beta of 1.08.

Wall Street Analyst Weigh In

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