Minto Apartment Real Estate Invt Trust (MI.UN) Stock Price, News & Analysis

Company Overview

Minto Apartment Real Estate Investment Trust, an open-ended real estate investment trust, owns and operates a portfolio of income-producing multi-residential rental properties located in Canada. As of December 31, 2020, its portfolio consists of interests in 29 multi-residential rental properties, including three mixed-use residential apartment and commercial buildings in Toronto, Ottawa, Montréal, Calgary, and Edmonton. Minto Apartment Real Estate Investment Trust was founded in 2018 and is headquartered in Ottawa, Canada.

Key Stats

• Today's Range: C$13.46 to C$13.67
• 50-Day Range: C$13.40 to C$15.91
• 52-Week Range: C$13.31 to C$17.89
• Volume: 100,260 shs
• Average Volume: 95,012 shs
• Market Capitalization: C$540.92 million
• P/E Ratio: N/A
• Dividend Yield: 3.76%
• Price Target: C$19.68
• Consensus Rating: Moderate Buy

MI.UN Stock Analysis - Frequently Asked Questions

How have MI.UN shares performed this year?

Minto Apartment Real Estate Invt Trust's stock was trading at C$16.18 on January 1st, 2024. Since then, MI.UN shares have decreased by 16.4% and is now trading at C$13.52.
View the best growth stocks for 2024 here.

How do I buy shares of Minto Apartment Real Estate Invt Trust?

Shares of MI.UN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Real Estate
• Industry: REIT - Residential
• Sub-Industry: N/A
• Current Symbol: TSE:MI.UN
• CUSIP: N/A
• CIK: N/A
• Web: www.mintoapartmentreit.com
• Phone: 613-230-7051
• Fax: N/A
• Employees: 179
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$19.68
• High Stock Price Target: C$22.00
• Low Stock Price Target: C$17.75
• Potential Upside/Downside: +44.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.89
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($0.89)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 13.43
• P/E Growth: N/A
• Net Income: C$-35,430,000.00
• Net Margins: -22.43%
• Pretax Margin: N/A
• Return on Equity: -3.19%
• Return on Assets: 2.15%

Debt

• Debt-to-Equity Ratio: 101.09
• Current Ratio: 1.11
• Quick Ratio: 0.04

Sales & Book Value

• Annual Sales: C$157.96 million
• Price / Sales: 3.45
• Cash Flow: C$0.13 per share
• Price / Cash Flow: 102.07
• Book Value: C$27.09 per share
• Price / Book: 0.50

Miscellaneous

• Outstanding Shares: 39,920,000
• Free Float: N/A
• Market Cap: C$545.31 million
• Optionable: Not Optionable
• Beta: 1.23