Brokers Set Expectations for OTCMKTS:CWYUF FY2025 Earnings

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) – Investment analysts at National Bank Financial dropped their FY2025 earnings per share estimates for SmartCentres Real Estate Investment Trust in a report issued on Sunday, December 15th. National Bank Financial analyst M. Kornack now anticipates that the company will post earnings of $1.53 per share for the year, down from their prior estimate of $1.58. The consensus estimate for SmartCentres Real Estate Investment Trust’s current full-year earnings is $1.58 per share.

Separately, TD Securities upgraded SmartCentres Real Estate Investment Trust from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 19th.

SmartCentres Real Estate Investment Trust Stock Performance

Shares of OTCMKTS CWYUF opened at $16.92 on Wednesday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.30 and a current ratio of 0.39. The stock has a 50 day moving average price of $18.21 and a 200 day moving average price of $17.91. The stock has a market capitalization of $3.02 billion, a PE ratio of 25.64 and a beta of 1.17. SmartCentres Real Estate Investment Trust has a 52 week low of $15.82 and a 52 week high of $20.23.

SmartCentres Real Estate Investment Trust Cuts Dividend

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