SmartCentres Real Estate Investment Trust (CWYUF) Expected to Release Quarterly Earnings on Thursday

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUFGet Free Report) will likely be releasing its results after the market closes on Thursday, August 6th. Analysts expect the company to post earnings of $0.41 per share and revenue of $162.6810 million for the quarter.

SmartCentres Real Estate Investment Trust Stock Up 0.1%

OTCMKTS:CWYUF opened at $21.28 on Thursday. The firm’s 50 day simple moving average is $21.24 and its 200 day simple moving average is $20.46. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.28 and a quick ratio of 0.28. SmartCentres Real Estate Investment Trust has a one year low of $17.28 and a one year high of $22.55. The company has a market cap of $3.79 billion, a PE ratio of 11.96 and a beta of 0.84.

Analyst Ratings Changes

CWYUF has been the subject of several recent research reports. Zacks Research cut shares of SmartCentres Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 14th. Colliers Securities upgraded shares of SmartCentres Real Estate Investment Trust to a “moderate buy” rating in a report on Thursday, April 16th. Finally, TD Securities raised shares of SmartCentres Real Estate Investment Trust from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 15th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy”.

View Our Latest Stock Report on CWYUF

About SmartCentres Real Estate Investment Trust

(Get Free Report)

SmartCentres Real Estate Investment Trust is a Canada-based real estate investment trust specializing in the ownership, development and management of retail-focused commercial properties. The trust’s portfolio is anchored predominantly by Walmart Canada, complemented by a mix of other national and regional tenants. SmartCentres targets high-traffic, community-centric locations, offering grocery, discount department, service and specialty retailers within its shopping centres.

Originally established in 1994, the trust has grown through a combination of development, strategic acquisitions and redevelopments.

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Earnings History for SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF)

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