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Canadian Apartment Properties REIT (CAR.UN) Competitors

Canadian Apartment Properties REIT logo
C$43.18 -0.10 (-0.23%)
As of 03/28/2025 04:00 PM Eastern

CAR.UN vs. BEI.UN, NVU.UN, KMP.UN, IIP.UN, RUF.UN, MRG.UN, MI.UN, HOM.U, MHC.UN, and ERE-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), Flagship Communities Real Estate Investment Trust (MHC.UN), and European Residential Real Estate Investment Trust (ERE-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 companies based on the strength of their valuation, analyst recommendations, media sentiment, profitability, dividends, community ranking, earnings, risk and institutional ownership.

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, Boardwalk Real Estate Investment Trust's average media sentiment score of 1.08 beat Canadian Apartment Properties REIT's score of 0.00 indicating that Boardwalk Real Estate Investment Trust is being referred to more favorably in the news media.

Canadian Apartment Properties REIT pays an annual dividend of C$1.50 per share and has a dividend yield of 3.5%. Boardwalk Real Estate Investment Trust pays an annual dividend of C$1.44 per share and has a dividend yield of 2.2%. 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 currently has a consensus target price of C$55.06, suggesting a potential upside of 27.52%. Boardwalk Real Estate Investment Trust has a consensus target price of C$84.07, suggesting a potential upside of 27.30%. Given Canadian Apartment Properties REIT's stronger consensus rating and higher probable upside, equities research analysts plainly 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)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.83
Boardwalk Real Estate Investment Trust
0 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.57

Canadian Apartment Properties REIT received 77 more outperform votes than Boardwalk Real Estate Investment Trust when rated by MarketBeat users. Likewise, 60.14% of users gave Canadian Apartment Properties REIT an outperform vote while only 49.72% of users gave Boardwalk Real Estate Investment Trust an outperform vote.

CompanyUnderperformOutperform
Canadian Apartment Properties REITOutperform Votes
344
60.14%
Underperform Votes
228
39.86%
Boardwalk Real Estate Investment TrustOutperform Votes
267
49.72%
Underperform Votes
270
50.28%

Canadian Apartment Properties REIT has a beta of 1.23, indicating 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, indicating that its share price is 76% more volatile than the S&P 500.

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 company insiders. Comparatively, 17.9% of Boardwalk Real Estate Investment Trust shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

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$1.09B6.62-C$54.15M-C$0.32-134.94
Boardwalk Real Estate Investment TrustC$573.10M5.69C$679.42MC$13.514.89

Summary

Canadian Apartment Properties REIT beats Boardwalk Real Estate Investment Trust on 11 of the 19 factors compared between the two stocks.

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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$7.22BC$1.28BC$1.51BC$5.62B
Dividend Yield2.92%8.02%6.72%6.83%
P/E Ratio-134.944.019.3130.43
Price / Sales6.62206.201,295.59612.77
Price / Cash57.91100.4967.0682.93
Price / Book0.770.661.213.63
Net Income-C$54.15MC$58.42M-C$115.81MC$299.15M
7 Day Performance1.22%0.70%-0.49%-0.95%
1 Month Performance7.07%5.95%-1.03%-0.24%
1 Year Performance-7.12%2.33%3.89%14.46%

Canadian Apartment Properties REIT Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CAR.UN
Canadian Apartment Properties REIT
1.578 of 5 stars
C$43.18
-0.2%
C$55.06
+27.5%
-7.1%C$7.22BC$1.09B-134.94908
BEI.UN
Boardwalk Real Estate Investment Trust
3.1623 of 5 stars
C$66.51
+2.1%
C$84.07
+26.4%
-15.4%C$3.29BC$573.10M4.921,558
NVU.UN
Northview Apartment REIT
N/AN/AN/AN/AC$2.51BC$397.19M12.27950High Trading Volume
KMP.UN
Killam Apartment REIT
N/AC$17.06
+1.9%
C$22.58
+32.4%
-6.6%C$2.03BC$356.70M6.56616
IIP.UN
InterRent Real Estate Investment Trust
1.4356 of 5 stars
C$10.43
+0.8%
C$13.19
+26.4%
-16.7%C$1.54BC$245.13M-521.50359Positive 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
2.7712 of 5 stars
C$17.21
+0.1%
C$21.00
+22.0%
+8.4%C$639.35MC$344.99M4.55N/ANews Coverage
MI.UN
Minto Apartment Real Estate Invt Trust
2.0738 of 5 stars
C$13.34
+0.8%
C$17.41
+30.5%
-15.5%C$532.53MC$157.96M-14.99179
HOM.U
Bsr Real Estate Investment Trust
N/AC$12.10
-0.7%
C$15.10
+24.8%
+19.7%C$403.90MC$168.39M-2.06250Positive News
MHC.UN
Flagship Communities Real Estate Investment Trust
2.6253 of 5 stars
C$23.65
-0.4%
C$20.10
-15.0%
+6.2%C$334.41MC$78.07M5.02N/ANews Coverage
Positive News
ERE-UN
European Residential Real Estate Investment Trust
N/AC$2.52
+0.4%
N/A+5.0%C$153.62MC$64.15M-3.26N/APositive News
High Trading Volume
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This page (TSE:CAR.UN) was last updated on 3/29/2025 by MarketBeat.com Staff
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