SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) Short Interest Update

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) saw a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 1,200,800 shares, a growth of 6.5% from the January 15th total of 1,127,800 shares. Based on an average trading volume of 11,300 shares, the days-to-cover ratio is currently 106.3 days.

Analysts Set New Price Targets

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

SmartCentres Real Estate Investment Trust Stock Performance

SmartCentres Real Estate Investment Trust stock remained flat at $17.60 on Friday. The company’s stock had a trading volume of 9,049 shares, compared to its average volume of 21,233. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.39 and a current ratio of 0.39. The stock has a market capitalization of $3.14 billion, a price-to-earnings ratio of 26.66 and a beta of 1.17. The firm has a 50-day moving average of $17.19 and a two-hundred day moving average of $18.05. SmartCentres Real Estate Investment Trust has a fifty-two week low of $15.82 and a fifty-two week high of $20.23.

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) last announced its quarterly earnings data on Wednesday, February 12th. The company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.39 by $0.01. SmartCentres Real Estate Investment Trust had a return on equity of 2.46% and a net margin of 17.26%. As a group, analysts predict that SmartCentres Real Estate Investment Trust will post 1.61 earnings per share for the current year.

SmartCentres Real Estate Investment Trust Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, February 17th. Stockholders of record on Monday, February 3rd will be issued a dividend of $0.1071 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a dividend yield of 7.63%. SmartCentres Real Estate Investment Trust’s payout ratio is presently 192.42%.

SmartCentres Real Estate Investment Trust Company Profile

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.