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Canadian Apartment Properties REIT (CAR.UN) Competitors

Canadian Apartment Properties REIT logo
C$44.80 -0.47 (-1.04%)
(As of 11/15/2024 ET)

CAR.UN vs. BEI.UN, NVU.UN, KMP.UN, IIP.UN, RUF.UN, MRG.UN, MI.UN, HOM.U, ERE-UN, and MHC.UN

Should you be buying Canadian Apartment Properties REIT stock or one of its competitors? The main competitors of Canadian Apartment Properties REIT include Boardwalk Real Estate Investment Trust (BEI.UN), Northview Apartment REIT (NVU.UN), Killam Apartment REIT (KMP.UN), InterRent Real Estate Investment Trust (IIP.UN), Pure Multi-Family REIT (RUF.UN), Morguard North American Residential Real Estate Investment Trust (MRG.UN), Minto Apartment Real Estate Invt Trust (MI.UN), Bsr Real Estate Investment Trust (HOM.U), European Residential Real Estate Investment Trust (ERE-UN), and Flagship Communities Real Estate Investment Trust (MHC.UN). These companies are all part of the "reit - residential" industry.

Canadian Apartment Properties REIT vs.

Canadian Apartment Properties REIT (TSE:CAR.UN) and Boardwalk Real Estate Investment Trust (TSE:BEI.UN) are both mid-cap real estate companies, but which is the better investment? We will contrast the two businesses based on the strength of their risk, community ranking, earnings, analyst recommendations, dividends, profitability, media sentiment, institutional ownership and valuation.

42.6% of Canadian Apartment Properties REIT shares are held by institutional investors. Comparatively, 39.7% of Boardwalk Real Estate Investment Trust shares are held by institutional investors. 0.2% of Canadian Apartment Properties REIT shares are held by insiders. Comparatively, 17.9% of Boardwalk Real Estate Investment Trust shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Boardwalk Real Estate Investment Trust has lower revenue, but higher earnings than Canadian Apartment Properties REIT. Canadian Apartment Properties REIT is trading at a lower price-to-earnings ratio than Boardwalk Real Estate Investment Trust, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canadian Apartment Properties REITC$1.09B6.87-C$54.15M-C$0.32-140.00
Boardwalk Real Estate Investment TrustC$573.10M5.98C$679.42MC$13.515.14

Canadian Apartment Properties REIT pays an annual dividend of C$1.50 per share and has a dividend yield of 3.3%. Boardwalk Real Estate Investment Trust pays an annual dividend of C$1.44 per share and has a dividend yield of 2.1%. Canadian Apartment Properties REIT pays out -468.8% of its earnings in the form of a dividend. Boardwalk Real Estate Investment Trust pays out 10.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Canadian Apartment Properties REIT is clearly the better dividend stock, given its higher yield and lower payout ratio.

Canadian Apartment Properties REIT has a beta of 1.23, meaning that its share price is 23% more volatile than the S&P 500. Comparatively, Boardwalk Real Estate Investment Trust has a beta of 1.76, meaning that its share price is 76% more volatile than the S&P 500.

Canadian Apartment Properties REIT received 76 more outperform votes than Boardwalk Real Estate Investment Trust when rated by MarketBeat users. Likewise, 60.39% of users gave Canadian Apartment Properties REIT an outperform vote while only 50.09% of users gave Boardwalk Real Estate Investment Trust an outperform vote.

CompanyUnderperformOutperform
Canadian Apartment Properties REITOutperform Votes
343
60.39%
Underperform Votes
225
39.61%
Boardwalk Real Estate Investment TrustOutperform Votes
267
50.09%
Underperform Votes
266
49.91%

Canadian Apartment Properties REIT currently has a consensus price target of C$56.91, suggesting a potential upside of 27.03%. Boardwalk Real Estate Investment Trust has a consensus price target of C$87.28, suggesting a potential upside of 25.76%. Given Canadian Apartment Properties REIT's stronger consensus rating and higher possible upside, equities research analysts clearly believe Canadian Apartment Properties REIT is more favorable than Boardwalk Real Estate Investment Trust.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Apartment Properties REIT
0 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.78
Boardwalk Real Estate Investment Trust
0 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.75

Boardwalk Real Estate Investment Trust has a net margin of 118.55% compared to Canadian Apartment Properties REIT's net margin of -4.95%. Boardwalk Real Estate Investment Trust's return on equity of 15.71% beat Canadian Apartment Properties REIT's return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Apartment Properties REIT-4.95% -1.08% 2.40%
Boardwalk Real Estate Investment Trust 118.55%15.71%2.31%

In the previous week, Canadian Apartment Properties REIT had 7 more articles in the media than Boardwalk Real Estate Investment Trust. MarketBeat recorded 10 mentions for Canadian Apartment Properties REIT and 3 mentions for Boardwalk Real Estate Investment Trust. Boardwalk Real Estate Investment Trust's average media sentiment score of 1.05 beat Canadian Apartment Properties REIT's score of -0.74 indicating that Boardwalk Real Estate Investment Trust is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Canadian Apartment Properties REIT
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Negative
Boardwalk Real Estate Investment Trust
2 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Canadian Apartment Properties REIT beats Boardwalk Real Estate Investment Trust on 12 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CAR.UN vs. The Competition

MetricCanadian Apartment Properties REITREIT IndustryReal Estate SectorTSE Exchange
Market CapC$7.49BC$1.32BC$1.53BC$6.08B
Dividend Yield2.92%4.64%6.42%5.33%
P/E Ratio-140.00141.88276.1626.33
Price / Sales6.87207.77334.321,427.12
Price / Cash57.91100.4962.9882.02
Price / Book0.800.641.233.06
Net Income-C$54.15MC$84.80M-C$46.75MC$291.48M
7 Day Performance-1.10%-0.54%-1.51%-0.14%
1 Month Performance-12.24%-5.00%-3.74%-1.45%
1 Year Performance-0.78%7.05%13.36%42.59%

Canadian Apartment Properties REIT Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CAR.UN
Canadian Apartment Properties REIT
1.9104 of 5 stars
C$44.80
-1.0%
C$56.91
+27.0%
-1.2%C$7.49BC$1.09B-140.00908News Coverage
Negative News
BEI.UN
Boardwalk Real Estate Investment Trust
3.6922 of 5 stars
C$69.84
-2.1%
N/A+4.0%C$3.45BC$573.10M5.171,558Positive News
NVU.UN
Northview Apartment REIT
N/AC$36.23
flat
N/AN/AC$2.51BC$397.19M12.27950High Trading Volume
KMP.UN
Killam Apartment REIT
2.0369 of 5 stars
C$18.23
-0.9%
N/A+5.7%C$2.17BC$356.70M7.01616
IIP.UN
InterRent Real Estate Investment Trust
1.9859 of 5 stars
C$10.76
-0.7%
N/A-9.6%C$1.59BC$245.13M-538.00359Positive News
RUF.UN
Pure Multi-Family REIT
N/AN/AN/AN/AC$784.44MC$111.01M13.13189
MRG.UN
Morguard North American Residential Real Estate Investment Trust
3.6122 of 5 stars
C$18.46
+1.5%
N/A+37.3%C$685.79MC$344.99M4.88N/ANews Coverage
Positive News
MI.UN
Minto Apartment Real Estate Invt Trust
1.7981 of 5 stars
C$14.14
+0.9%
N/A-1.5%C$564.47MC$157.96M-15.89179Analyst Forecast
News Coverage
Positive News
HOM.U
Bsr Real Estate Investment Trust
1.1654 of 5 stars
C$13.50
+3.8%
N/A+24.4%C$450.63MC$168.39M-2.30250
ERE-UN
European Residential Real Estate Investment Trust
N/AC$3.48
+0.3%
N/A+55.8%C$320.16MC$97.83M18.32N/ANews Coverage
High Trading Volume
MHC.UN
Flagship Communities Real Estate Investment Trust
1.8713 of 5 stars
N/AN/A+4.3%C$284.07MC$78.07M4.27N/ANews Coverage

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This page (TSE:CAR.UN) was last updated on 11/17/2024 by MarketBeat.com Staff
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