Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
476.36M | 444.37M | 419.59M | 408.89M | 388.73M | Gross Profit |
307.02M | 290.84M | 281.82M | 283.03M | 258.86M | EBIT |
0.00 | 184.36M | 180.98M | 194.92M | 163.07M | EBITDA |
332.85M | 264.47M | 260.81M | 270.68M | 238.64M | Net Income Common Stockholders |
158.26M | 98.82M | 167.80M | 155.40M | 67.61M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
10.02M | 2.22M | 6.12M | 3.92M | 63.29M | Total Assets |
4.43B | 4.15B | 4.08B | 4.02B | 4.11B | Total Debt |
2.42B | 2.19B | 2.08B | 2.25B | 2.48B | Net Debt |
2.41B | 2.19B | 2.07B | 2.25B | 2.42B | Total Liabilities |
2.57B | 2.32B | 2.23B | 2.43B | 2.63B | Stockholders Equity |
1.86B | 1.82B | 1.85B | 1.60B | 1.48B |
Cash Flow | Free Cash Flow | |||
264.12M | 239.71M | 233.29M | 224.65M | -75.30M | Operating Cash Flow |
264.96M | 239.91M | 233.54M | 224.84M | -73.90M | Investing Cash Flow |
-100.73M | -143.89M | -47.28M | 18.49M | -124.28M | Financing Cash Flow |
-154.22M | -102.14M | -185.29M | -302.71M | 261.47M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
76 Outperform | C$411.89M | 16.61 | 4.61% | 7.51% | 5.99% | 20.38% | |
76 Outperform | C$4.34B | 19.17 | 4.50% | 7.25% | 9.46% | -42.77% | |
72 Outperform | C$2.76B | ― | -0.22% | 6.01% | 8.82% | 92.79% | |
60 Neutral | $2.78B | 11.39 | 0.16% | 8531.54% | 5.92% | -14.67% |
Crombie Real Estate Investment Trust announced a distribution of $0.07417 per unit for April 2025, payable on May 15, 2025, to unitholders of record as of April 30, 2025. This announcement reflects Crombie’s ongoing commitment to providing value to its investors and maintaining its position as a leading real estate investment trust in Canada, with a focus on enriching communities through strategic real estate investments.
Spark’s Take on TSE:CRR.UN Stock
According to Spark, TipRanks’ AI Analyst, TSE:CRR.UN is a Outperform.
Crombie REIT demonstrates strong financial performance with impressive revenue and profit growth, robust cash flow, and effective strategic initiatives. While technical indicators suggest some caution due to short-term bearish trends, the company’s strategic focus and healthy earnings call performance add confidence. Valuation concerns due to a negative P/E ratio are tempered by a strong dividend yield, maintaining a balanced outlook.
To see Spark’s full report on TSE:CRR.UN stock, click here.
Crombie Real Estate Investment Trust has entered into joint venture partnerships with Montez Corporation to enhance value creation in Halifax, Nova Scotia. These partnerships involve Montez acquiring a 50% interest in The Marlstone project and collaborating on Barrington Street and Brunswick Place developments. This strategic move provides Crombie with immediate cash flow through management fees, enhances its balance sheet flexibility, and allows continued investment in its core retail portfolio, thus supporting long-term growth and value for unitholders.
Spark’s Take on TSE:CRR.UN Stock
According to Spark, TipRanks’ AI Analyst, TSE:CRR.UN is a Neutral.
Crombie REIT demonstrates strong financial performance with impressive revenue and profit growth, robust cash flow, and effective strategic initiatives. Although the high leverage typical of REITs poses a risk, the company’s solid earnings call performance and strategic focus add confidence. However, valuation concerns due to a negative P/E ratio slightly temper the overall positive outlook.
To see Spark’s full report on TSE:CRR.UN stock, click here.
Crombie Real Estate Investment Trust has announced its Fiscal 2024 Annual General Meeting (AGM) and Q1 Fiscal 2025 Conference Call, both scheduled for May 8, 2025. The AGM will be held in New Glasgow, Nova Scotia, and will be accessible via live audio webcast, while the conference call will discuss Crombie’s financial and operational results for the first quarter of 2025. This announcement highlights Crombie’s commitment to transparency and engagement with its stakeholders, providing insights into its financial health and strategic direction.
Crombie Real Estate Investment Trust announced a monthly distribution of $0.07417 per unit for March 2025, payable on April 15, 2025, to unitholders of record as of March 31, 2025. This announcement reflects Crombie’s ongoing commitment to delivering value to its stakeholders and maintaining its position as a leading real estate investment trust in Canada, with a focus on enriching communities through strategic investments.
Crombie Real Estate Investment Trust reported strong financial performance for the fourth quarter and year-end 2024, with significant growth in occupancy levels, same-asset property cash NOI, and AFFO per unit. The company strategically acquired assets, including the remaining 50% of Zephyr residential in Vancouver, and completed significant financial transactions such as issuing $300 million in senior unsecured notes. These actions enhance Crombie’s financial flexibility and position it for sustained growth, benefiting stakeholders and reinforcing its market standing.
Crombie Real Estate Investment Trust announced its monthly distribution of $0.07417 per unit for February 2025, payable to unitholders on March 14, 2025. This distribution reflects Crombie’s ongoing commitment to providing value to its stakeholders, leveraging its robust portfolio and development pipeline to sustain its position in the real estate industry.