Canadian Apartment Properties REIT (CAR.UN) Competitors C$41.86 -0.14 (-0.33%) As of 08/15/2025 04:00 PM Eastern Add Compare Share Share Competitors Stock AnalysisAnalyst ForecastsChartCompetitorsHeadlinesBuy This Stock CAR.UN vs. BEI.UN, NVU.UN, KMP.UN, IIP.UN, RUF.UN, MRG.UN, MI.UN, HOM.U, MHC.UN, and HOM.UNShould 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 BSR Real Estate Investment Trust (HOM.UN). These companies are all part of the "reit - residential" industry. Canadian Apartment Properties REIT vs. Its Competitors Boardwalk Real Estate Investment Trust Northview Apartment REIT Killam Apartment REIT InterRent Real Estate Investment Trust Pure Multi-Family REIT Morguard North American Residential Real Estate Investment Trust Minto Apartment Real Estate Invt Trust Bsr Real Estate Investment Trust Flagship Communities Real Estate Investment Trust BSR Real Estate Investment Trust 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 superior business? We will compare the two companies based on the strength of their dividends, risk, analyst recommendations, profitability, earnings, media sentiment, institutional ownership and valuation. Which has more volatility and risk, CAR.UN or BEI.UN? Canadian Apartment Properties REIT has a beta of 1.23, meaning that its stock 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 stock price is 76% more volatile than the S&P 500. Which has higher valuation & earnings, CAR.UN or BEI.UN? 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 RatioCanadian Apartment Properties REITC$1.09B6.42-C$54.15M-C$0.32-130.81Boardwalk Real Estate Investment TrustC$573.10M6.07C$679.42MC$13.515.21 Is CAR.UN or BEI.UN more profitable? 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% Do insiders & institutionals believe in CAR.UN or BEI.UN? 42.6% of Canadian Apartment Properties REIT shares are owned by institutional investors. Comparatively, 39.7% of Boardwalk Real Estate Investment Trust shares are owned by institutional investors. 0.2% of Canadian Apartment Properties REIT shares are owned by company insiders. Comparatively, 17.9% of Boardwalk Real Estate Investment Trust shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term. Is CAR.UN or BEI.UN a better dividend stock? Canadian Apartment Properties REIT pays an annual dividend of C$1.50 per share and has a dividend yield of 3.6%. Boardwalk Real Estate Investment Trust pays an annual dividend of C$1.44 per share and has a dividend yield of 2.0%. 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. Do analysts rate CAR.UN or BEI.UN? Canadian Apartment Properties REIT currently has a consensus price target of C$52.29, indicating a potential upside of 24.91%. Boardwalk Real Estate Investment Trust has a consensus price target of C$83.44, indicating a potential upside of 18.45%. Given Canadian Apartment Properties REIT's higher possible upside, equities 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) 3 Hold rating(s) 2 Buy rating(s) 0 Strong Buy rating(s) 2.40Boardwalk Real Estate Investment Trust 0 Sell rating(s) 3 Hold rating(s) 5 Buy rating(s) 0 Strong Buy rating(s) 2.63 Does the media favor CAR.UN or BEI.UN? In the previous week, Canadian Apartment Properties REIT had 2 more articles in the media than Boardwalk Real Estate Investment Trust. MarketBeat recorded 3 mentions for Canadian Apartment Properties REIT and 1 mentions for Boardwalk Real Estate Investment Trust. Boardwalk Real Estate Investment Trust's average media sentiment score of 1.29 beat Canadian Apartment Properties REIT's score of -0.64 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) 2 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Negative Boardwalk Real Estate Investment Trust 0 Very Positive mention(s) 0 Positive mention(s) 1 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive SummaryBoardwalk Real Estate Investment Trust beats Canadian Apartment Properties REIT on 10 of the 18 factors compared between the two stocks. Get Canadian Apartment Properties REIT News Delivered to You Automatically Sign up to receive the latest news and ratings for CAR.UN and its competitors with MarketBeat's FREE daily newsletter. Email Address New MarketBeat Followers Over TimeWhat are MarkeBeat Followers?This chart shows the number of new MarketBeat users adding CAR.UN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period. Skip ChartMedia Sentiment Over TimeWhat is Media Sentiment?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.Skip Chart CAR.UN vs. The Competition Export to ExcelMetricCanadian Apartment Properties REITREIT IndustryReal Estate SectorTSE ExchangeMarket CapC$7.00BC$1.39BC$1.64BC$6.38BDividend Yield2.92%3.83%6.30%6.72%P/E Ratio-130.814.0610.8767.51Price / Sales6.42228.921,193.181,649.63Price / Cash57.91107.6866.7983.29Price / Book0.750.681.344.89Net Income-C$54.15MC$64.85M-C$120.13MC$301.20M7 Day Performance-1.55%-1.29%0.28%1.19%1 Month Performance-7.08%-4.79%0.25%2.28%1 Year Performance-15.84%5.59%8.78%27.67% Canadian Apartment Properties REIT Competitors List Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)CAR.UNCanadian Apartment Properties REIT0.9831 of 5 starsC$41.86-0.3%C$52.29+24.9%-15.6%C$7.00BC$1.09B-130.81908News CoverageAnalyst DowngradeBEI.UNBoardwalk Real Estate Investment Trust3.2094 of 5 starsC$70.32-0.1%C$83.44+18.7%-13.5%C$3.47BC$573.10M5.211,558News CoveragePositive NewsDividend AnnouncementNVU.UNNorthview Apartment REITN/AN/AN/AN/AC$2.51BC$397.19M12.27950High Trading VolumeKMP.UNKillam Apartment REIT2.3114 of 5 starsC$17.55-0.2%C$21.83+24.4%-5.8%C$2.09BC$356.70M6.75616Analyst ForecastIIP.UNInterRent Real Estate Investment Trust0.8435 of 5 starsC$13.23+0.2%C$13.27+0.3%+8.0%C$1.96BC$245.13M-661.50359Positive NewsRUF.UNPure Multi-Family REITN/AN/AN/AN/AC$784.44MC$111.01M13.13189MRG.UNMorguard North American Residential Real Estate Investment Trust3.5429 of 5 starsC$17.99+0.2%C$22.50+25.1%+5.6%C$668.33MC$344.99M4.76N/ANews CoveragePositive NewsMI.UNMinto Apartment Real Estate Invt Trust0.8793 of 5 starsC$13.45-0.2%C$15.89+18.1%-13.9%C$536.92MC$157.96M-15.11179News CoveragePositive NewsAnalyst DowngradeHOM.UBsr Real Estate Investment Trust3.0324 of 5 starsC$12.32+0.1%C$15.13+22.8%-4.7%C$411.24MC$168.39M-2.10250Positive NewsMHC.UNFlagship Communities Real Estate Investment Trust3.4712 of 5 starsC$25.00flatC$21.50-14.0%+32.2%C$353.50MC$78.07M5.31N/APositive NewsHigh Trading VolumeHOM.UNBSR Real Estate Investment TrustN/AC$16.96flatN/A-2.6%C$0.00C$168.39M-2.14250News Coverage Related Companies and Tools Related Companies Boardwalk Real Estate Investment Trust Competitors Northview Apartment REIT Competitors Killam Apartment REIT Competitors InterRent Real Estate Investment Trust Competitors Pure Multi-Family REIT Competitors Morguard North American Residential Real Estate Investment Trust Competitors Minto Apartment Real Estate Invt Trust Competitors Bsr Real Estate Investment Trust Competitors Flagship Communities Real Estate Investment Trust Competitors BSR Real Estate Investment Trust Competitors Top 10 Stock Comparisons Semiconductor Stocks Artificial Intelligence Stocks Growth Stocks Magnificent Seven Stocks Pharmaceutical Stocks Ecommerce Stocks Bitcoin Stocks Meme Stocks Cryptocurrency Stocks Cybersecurity Stocks This page (TSE:CAR.UN) was last updated on 8/16/2025 by MarketBeat.com Staff From Our PartnersGENIUS Act: Cancel Your Money?A new law called the GENIUS Act could quietly trigger the most radical shift in American finance in decades. 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