Plaza Retail REIT (TSE:PLZ.UN) Sets New 52-Week High – Should You Buy?

Posted by Stanley Muller on Nov 10th, 2026

Plaza Retail REIT (TSE:PLZ.UN – Get Free Report) reached a new 52-week high on Tuesday. The stock traded as high as C$5.39 and last traded at C$5.33, with a volume of 111,967 shares. The stock had previously closed at C$5.34.

Analysts Set New Price Targets

Several brokerages have recently commented on PLZ.UN. Canaccord Genuity Group downgraded Plaza Retail REIT from a “buy” rating to a “hold” rating and reduced their target price for the stock from C$5.75 to C$5.65 in a report on Monday, October 26th. Desjardins lowered Plaza Retail REIT from a “buy” rating to a “hold” rating and increased their price target for the stock from C$5.00 to C$5.50 in a research report on Friday, August 7th. Three research analysts have rated the stock with a Hold rating. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of C$5.30.

Read Our Latest Research Report on PLZ.UN

Plaza Retail REIT Stock Performance

The stock has a 50 day moving average price of C$5.27 and a two-hundred day moving average price of C$4.79. The company has a debt-to-equity ratio of 124.16, a current ratio of 0.22 and a quick ratio of 0.06. The company has a market capitalization of C$588.80 million, a price-to-earnings ratio of 8.46 and a beta of 0.61.

Plaza Retail REIT (TSE:PLZ.UN – Get Free Report) last issued its quarterly earnings results on Wednesday, November 4th. The company reported C$0.14 earnings per share (EPS) for the quarter. Plaza Retail REIT had a net margin of 9.40% and a return on equity of 2.07%. The business had revenue of C$32.15 million for the quarter.

Plaza Retail REIT Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, November 16th. Stockholders of record on Monday, November 16th will be given a dividend of $0.0233 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date is Friday, October 30th. Plaza Retail REIT’s dividend payout ratio is presently 44.42%.

About Plaza Retail REIT

(Get Free Report)

Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza’s portfolio at June 30, 2026 includes interests in 189 properties totaling approximately 8.8 million square feet across Canada and additional lands held for development. Plaza’s portfolio largely consists of open-air centres and stand-alone small box retail outlets and is predominantly occupied by national tenants with a focus on the essential needs, value and convenience market segments.