Allied Properties Real Estate Investment Trust (AP.UN) Stock Price, News & Analysis

Company Overview

Allied is a leading owner-operator of distinctive urban workspace in Canada's major cities. Allied's mission is to provide knowledge-based organizations with workspace that is sustainable and conducive to human wellness, creativity, connectivity and diversity. Allied's vision is to make a continuous contribution to cities and culture that elevates and inspires the humanity in all people.

Key Stats

• Today's Range: C$17.73 to C$18.02
• 50-Day Range: C$16.81 to C$20.59
• 52-Week Range: C$15.13 to C$21.35
• Volume: 599,853 shs
• Average Volume: 499,394 shs
• Market Capitalization: C$2.30 billion
• P/E Ratio: N/A
• Dividend Yield: 10.01%
• Price Target: C$20.08
• Consensus Rating: Hold

Allied Properties Real Estate Investment Trust Stock Analysis - MarketRank™

Allied Properties Real Estate Investment Trust scored higher than 62% 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: 3.1 / 5
• Analyst Rating: Hold

Consensus Rating

Allied Properties Real Estate Investment Trust has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 2 buy ratings, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Allied Properties Real Estate Investment Trust has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Allied Properties Real Estate Investment Trust is -4.87, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Allied Properties Real Estate Investment Trust is -4.87, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Allied Properties Real Estate Investment Trust has a P/B Ratio of 0.42. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for AP.UN.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Allied Properties Real Estate Investment Trust is a leading dividend payer. It pays a dividend yield of 9.12%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

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

Sustainability and ESG

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

Short Interest

There is no current short interest data available for AP.UN.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.89

News Sentiment

Allied Properties Real Estate Investment Trust has a news sentiment score of 0.89. 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 higher news sentiment than the 0.67 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Allied Properties Real Estate Investment Trust this week, compared to 1 article on an average week.

MarketBeat Follows

3 people have added Allied Properties Real Estate Investment Trust to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Allied Properties Real Estate Investment Trust insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$4,127.00 in company stock and sold C$0.00 in company stock.

Percentage Held by Insiders

Only 1.90% of the stock of Allied Properties Real Estate Investment Trust is held by insiders.

Percentage Held by Institutions

53.19% of the stock of Allied Properties Real Estate Investment Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AP.UN Stock Analysis - Frequently Asked Questions

How have AP.UN shares performed this year?

Allied Properties Real Estate Investment Trust's stock was trading at C$20.18 on January 1st, 2024. Since then, AP.UN shares have decreased by 10.9% and is now trading at C$17.98.
View the best growth stocks for 2024 here.

How do I buy shares of Allied Properties Real Estate Investment Trust?

Shares of AP.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.
Compare Top Brokerages Here.

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Real Estate
• Industry: REIT - Office
• Sub-Industry: N/A
• Current Symbol: TSE:AP.UN
• CUSIP: N/A
• CIK: N/A
• Web: alliedreit.com
• Phone: +1-416-9779002
• Fax: N/A
• Employees: 362
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$20.08
• High Stock Price Target: C$23.00
• Low Stock Price Target: C$18.50
• Potential Upside/Downside: +11.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.29
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($3.69)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 9.77
• P/E Growth: N/A
• Net Income: C$-515,790,000.00
• Net Margins: -89.93%
• Pretax Margin: N/A
• Return on Equity: -8.01%
• Return on Assets: 1.49%

Debt

• Debt-to-Equity Ratio: 71.71
• Current Ratio: 0.45
• Quick Ratio: 0.12

Sales & Book Value

• Annual Sales: C$582.68 million
• Price / Sales: 3.95
• Cash Flow: C$0.07 per share
• Price / Cash Flow: 271.33
• Book Value: C$43.14 per share
• Price / Book: 0.42

Miscellaneous

• Outstanding Shares: 127,960,000
• Free Float: N/A
• Market Cap: C$2.30 billion
• Optionable: Not Optionable
• Beta: 1.26