SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF – Get Free Report) was the target of a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 777,800 shares, an increase of 23.4% from the May 15th total of 630,400 shares. Based on an average trading volume of 16,100 shares, the days-to-cover ratio is currently 48.3 days.
Analysts Set New Price Targets
Separately, BMO Capital Markets upgraded SmartCentres Real Estate Investment Trust to a “hold” rating in a report on Friday, May 17th.
Read Our Latest Stock Analysis on CWYUF
SmartCentres Real Estate Investment Trust Price Performance
SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF – Get Free Report) last posted its quarterly earnings results on Wednesday, May 8th. The company reported ($0.09) EPS for the quarter. The business had revenue of $161.15 million during the quarter. SmartCentres Real Estate Investment Trust had a net margin of 40.05% and a return on equity of 5.31%.
SmartCentres Real Estate Investment Trust Announces Dividend
The firm also recently declared a dividend, which will be paid on Monday, June 17th. Stockholders of record on Monday, June 3rd will be issued a $0.1132 dividend. The ex-dividend date of this dividend is Friday, May 31st. This represents a dividend yield of 8.08%. SmartCentres Real Estate Investment Trust’s dividend payout ratio is currently 97.10%.
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.
Featured Articles
- Five stocks we like better than SmartCentres Real Estate Investment Trust
- There Are Different Types of Stock To Invest In
- MarketBeat Week in Review – 6/10 – 6/14
- The Most Important Warren Buffett Stock for Investors: His Own
- Top 5 High-Performance Cryptocurrency ETFs to Watch
- Ride Out The Recession With These Dividend Kings
- 3 Stocks That Plummeted After the Post-Fed Speech Crash
Receive News & Ratings for SmartCentres Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SmartCentres Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.