Bsr Real Estate Investment Trust (TSE:HOM.U – Get Rating) announced a monthly dividend on Wednesday, June 29th, TickerTech reports. Stockholders of record on Friday, July 15th will be given a dividend of 0.0433 per share on Friday, July 15th. This represents a $0.52 annualized dividend and a dividend yield of 3.47%. The ex-dividend date is Wednesday, June 29th.
Shares of TSE HOM.U traded up C$0.37 during midday trading on Tuesday, hitting C$14.98. The stock had a trading volume of 99,630 shares, compared to its average volume of 55,806. The company’s 50-day simple moving average is C$17.16 and its 200 day simple moving average is C$18.27. The firm has a market cap of C$470.12 million and a P/E ratio of 1.30. Bsr Real Estate Investment Trust has a fifty-two week low of C$12.94 and a fifty-two week high of C$22.17. The company has a debt-to-equity ratio of 181.81, a current ratio of 0.73 and a quick ratio of 0.48.
Several research analysts have recently issued reports on the company. National Bankshares raised their price target on Bsr Real Estate Investment Trust from C$21.50 to C$24.50 and gave the stock an “outperform” rating in a research report on Thursday, March 10th. Royal Bank of Canada reduced their price target on Bsr Real Estate Investment Trust from C$24.00 to C$23.50 and set an “outperform” rating on the stock in a research report on Thursday, May 12th. Finally, Raymond James set a C$24.00 price target on Bsr Real Estate Investment Trust and gave the stock a “strong-buy” rating in a research report on Thursday, May 12th. One analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of C$19.69.
Whether you’re looking to learn the basics of futures or are a seasoned vet looking to hone your trading skills, our Technical Analysis Guide has everything you need to succeed in today’s futures markets!
In other news, Director William Daniel Hughes Jr. purchased 2,000 shares of the business’s stock in a transaction on Monday, June 27th. The stock was purchased at an average cost of C$18.79 per share, with a total value of C$37,580.28. Following the acquisition, the director now directly owns 6,000 shares in the company, valued at C$112,740.84. Also, Director John Stanley Bailey acquired 4,600 shares of the company’s stock in a transaction dated Tuesday, May 24th. The shares were bought at an average cost of C$21.95 per share, with a total value of C$100,971.55. Following the completion of the acquisition, the director now directly owns 1,023,676 shares in the company, valued at approximately C$22,470,032.16. Insiders purchased 7,600 shares of company stock valued at $157,984 over the last 90 days.
About Bsr Real Estate Investment Trust (Get Rating)
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Should you invest $1,000 in Bsr Real Estate Investment Trust right now?
Before you consider Bsr Real Estate Investment Trust, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Bsr Real Estate Investment Trust wasn’t on the list.
While Bsr Real Estate Investment Trust currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.