Closing Bell: Choice Properties REIT down on Friday (CHP-UN)

Today in trading, Choice Properties REIT shares closed at $12.79 after opening the day at $13.01. Intraday prices ranged from a low of $12.79 to a high of $13.12.

Share prices dipped -2.44% from the previous day's close of $13.11.

During the day across North America, the TSX Composite closed -1.00% at 22007.00, the S&P 500 closed -0.02% at 5352.96, the Dow Jones Industrial Average closed 0.20% at 38886.17 and the Nasdaq Composite closed -0.09% at 17173.12.

Choice Properties REIT has listed on the Toronto Stock Exchange (TSX) under the ticker CHP-UN.

A total of 241,435 shares was traded during the last trading day, with total trades of 1,279. On average, Choice Properties REIT has traded 372,256 shares over 5 days and 421,059 year-to-date.

The TSX market on the whole today saw 1,416 price advancers against 3,737 declines and 104 unchanged.

During the prior 52 weeks, CHP-UN.TO has traded as high as $14.46 (January 25,2024) and low as $11.79 (October 30,2023). Moreover, the shares have dipped -5.40 percent in 52 weeks, while in 2024, they have eased -8.32%.

It announced a 0.06 dividend on May 16/24, with an May 31/24 ex-date and June 17/24 pay day.

Following today's trading, Choice Properties REIT has a market capitalization of $4.30 billion on a float of 327,860 shares outstanding. Its annual EPS is $0.92.

Choice Properties REIT is a TSX REIT company headquartered in Toronto, CAN.

Currently, Choice Properties REIT's consensus rating is "Moderate Buy" based on 7 analysts according to Zacks. Currently, there are 5 buy ratings and 2 hold ratings for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..