Boardwalk Real Estate Investment Trust (BOWFF) Stock Price, News & Analysis

Company Overview

Boardwalk REIT strives to be Canada's friendliest community provider and is a leading owner/operator of multi-family rental communities. Providing homes in more than 200 communities, with over 34,000 residential suites totaling over 29 million net rentable square feet, Boardwalk has a proven long-term track record of building better communities, where love always lives. Our three-tiered and distinct brands: Boardwalk Living, Boardwalk Communities, and Boardwalk Lifestyle, cater to a large diverse demographic and has evolved to capture the life cycle of all Resident Members. Boardwalk's disciplined approach to capital allocation, acquisition, development, purposeful re-positioning, and management of apartment communities allows the Trust to provide its brand of community across Canada creating exceptional Resident Member experiences. Differentiated by its peak performance culture, Boardwalk is committed to delivering exceptional service, product quality and experience to our Resident Members who reward us with high retention and market leading operating results, which in turn, lead to higher free cash flow and investment returns, stable monthly distributions, and value creation for all our stakeholders. Boardwalk REIT's Trust Units are listed on the Toronto Stock Exchange, trading under the symbol BEI.UN.

Key Stats

• Today's Range: $44.16 to $44.16
• 50-Day Range: $43.73 to $58.28
• 52-Week Range: $43.73 to $71.39
• Volume: 121 shs
• Average Volume: 5,053 shs
• Market Capitalization: $2.18 billion
• P/E Ratio: 4.46
• Dividend Yield: 2.40%
• Price Target: N/A
• Consensus Rating: Hold

Boardwalk Real Estate Investment Trust Stock Analysis - MarketRank™

Boardwalk Real Estate Investment Trust scored higher than 40% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Boardwalk Real Estate Investment Trust.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Boardwalk Real Estate Investment Trust is 4.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.04.

Price to Earnings Ratio vs. Sector

The P/E ratio of Boardwalk Real Estate Investment Trust is 4.46, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.76.

Price to Book Value per Share Ratio

Boardwalk Real Estate Investment Trust has a P/B Ratio of 0.68. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.47% of the outstanding shares of Boardwalk Real Estate Investment Trust have been sold short.

Short Interest Ratio / Days to Cover

Boardwalk Real Estate Investment Trust has a short interest ratio ("days to cover") of 464, which indicates bearish sentiment.

Change versus previous month

Short interest in Boardwalk Real Estate Investment Trust has recently decreased by 5.84%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Boardwalk Real Estate Investment Trust pays a meaningful dividend of 2.43%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Boardwalk Real Estate Investment Trust does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Boardwalk Real Estate Investment Trust is 10.71%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.47% of the outstanding shares of Boardwalk Real Estate Investment Trust have been sold short.

Short Interest Ratio / Days to Cover

Boardwalk Real Estate Investment Trust has a short interest ratio ("days to cover") of 464, which indicates bearish sentiment.

Change versus previous month

Short interest in Boardwalk Real Estate Investment Trust has recently decreased by 5.84%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.60

News Sentiment

Boardwalk Real Estate Investment Trust has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.74 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Boardwalk Real Estate Investment Trust this week, compared to 0 articles on an average week.

MarketBeat Follows

1 people have added Boardwalk Real Estate Investment Trust to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Boardwalk Real Estate Investment Trust insiders have not sold or bought any company stock.

Percentage Held by Insiders

19.01% of the stock of Boardwalk Real Estate Investment Trust is held by insiders. A high percentage of insider ownership can be a sign of company health.

BOWFF Stock Analysis - Frequently Asked Questions

How have BOWFF shares performed this year?

Boardwalk Real Estate Investment Trust's stock was trading at $53.80 at the beginning of 2024. Since then, BOWFF stock has decreased by 17.9% and is now trading at $44.16.
View the best growth stocks for 2024 here.

How do I buy shares of Boardwalk Real Estate Investment Trust?

Shares of BOWFF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Today: 12/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Finance
• Industry: Apartment building operators
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:BOWFF
• CUSIP: N/A
• CIK: 1129929
• Web: www.bwalk.com
• Phone: (403) 531-9255
• Fax: 403-531-9565
• Employees: 1,558
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $9.90
• Trailing P/E Ratio: 4.46
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $493.45 million
• Net Margins: 117.99%
• Pretax Margin: 118.10%
• Return on Equity: 15.06%
• Return on Assets: 8.24%

Debt

• Debt-to-Equity Ratio: 0.56
• Current Ratio: 0.29
• Quick Ratio: 0.29

Sales & Book Value

• Annual Sales: $404.19 million
• Price / Sales: 5.40
• Cash Flow: $9.24 per share
• Price / Cash Flow: 4.78
• Book Value: $64.80 per share
• Price / Book: 0.68

Miscellaneous

• Outstanding Shares: 49,435,000
• Free Float: 43,662,000
• Market Cap: $2.18 billion
• Optionable: Not Optionable
• Beta: 1.51