National Bank Financial Comments on OTCMKTS:CWYUF Q4 Earnings

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) – Equities researchers at National Bank Financial issued their Q4 2024 earnings per share (EPS) estimates for SmartCentres Real Estate Investment Trust in a research report issued on Sunday, December 15th. National Bank Financial analyst M. Kornack expects that the company will post earnings of $0.38 per share for the quarter. The consensus estimate for SmartCentres Real Estate Investment Trust’s current full-year earnings is $1.58 per share. National Bank Financial also issued estimates for SmartCentres Real Estate Investment Trust’s FY2026 earnings at $1.54 EPS.

Separately, TD Securities raised shares of SmartCentres Real Estate Investment Trust from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 19th.

SmartCentres Real Estate Investment Trust Stock Performance

OTCMKTS CWYUF opened at $17.24 on Tuesday. The company has a market capitalization of $3.07 billion, a P/E ratio of 26.12 and a beta of 1.17. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.30 and a current ratio of 0.39. SmartCentres Real Estate Investment Trust has a 52-week low of $15.82 and a 52-week high of $20.23. The company has a fifty day moving average of $18.24 and a 200-day moving average of $17.91.

SmartCentres Real Estate Investment Trust Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 2nd were paid a $0.1097 dividend. This represents a yield of 7.31%. The ex-dividend date of this dividend was Friday, November 29th. SmartCentres Real Estate Investment Trust’s payout ratio is 206.06%.

About SmartCentres Real Estate Investment Trust

SmartCentres is one of Canada’s largest fully integrated REITs, with a best-in-class and growing mixed-use portfolio featuring 191 strategically located properties in communities across the country. SmartCentres has approximately $12.0 billion in assets and owns 35.0 million square feet of income producing value-oriented retail and first-class office properties with 98.5% in place and committed occupancy, on 3,500 acres of owned land across Canada.