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TSE:CAR.UN

Canadian Apartment Properties REIT (CAR.UN) Stock Price, News & Analysis

Canadian Apartment Properties REIT logo
C$42.18 -0.13 (-0.31%)
(As of 12/19/2024 05:17 PM ET)

About Canadian Apartment Properties REIT Stock (TSE:CAR.UN)

Key Stats

Today's Range
C$41.67
C$42.65
50-Day Range
C$42.18
C$51.37
52-Week Range
C$41.67
C$56.71
Volume
1.11 million shs
Average Volume
406,409 shs
Market Capitalization
C$7.05 billion
P/E Ratio
N/A
Dividend Yield
3.56%
Price Target
C$56.80
Consensus Rating
Moderate Buy

Company Overview

CAPREIT is Canada's largest publicly traded provider of quality rental housing. As at December 31, 2023, CAPREIT owns approximately 64,300 residential apartment suites, townhomes and manufactured home community sites that are well-located across Canada and the Netherlands, with approximately $16.5 billion of investment properties in Canada and Europe.

Canadian Apartment Properties REIT Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
35th Percentile Overall Score

CAR.UN MarketRank™: 

Canadian Apartment Properties REIT scored higher than 35% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Canadian Apartment Properties REIT is -131.81, 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 Canadian Apartment Properties REIT is -131.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Growth Ratio

    Due to a projected decrease in earnings for Canadian Apartment Properties REIT, their PEG ratio cannot be calculated.

  • Price to Book Value per Share Ratio

    Canadian Apartment Properties REIT has a P/B Ratio of 0.76. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for CAR.UN.
  • Dividend Yield

    Canadian Apartment Properties REIT pays a meaningful dividend of 2.92%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Canadian Apartment Properties REIT does not have a long track record of dividend growth.

  • Read more about Canadian Apartment Properties REIT's dividend.
  • Short Interest

    There is no current short interest data available for CAR.UN.
  • News Sentiment

    Canadian Apartment Properties REIT has a news sentiment score of -0.92. 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 0.62 average news sentiment score of Real Estate companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Canadian Apartment Properties REIT this week, compared to 0 articles on an average week.
  • Search Interest

    3 people have searched for CAR.UN on MarketBeat in the last 30 days.
  • MarketBeat Follows

    Only 1 people have added Canadian Apartment Properties REIT to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Canadian Apartment Properties REIT insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.19% of the stock of Canadian Apartment Properties REIT is held by insiders.

  • Percentage Held by Institutions

    42.59% of the stock of Canadian Apartment Properties REIT is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Canadian Apartment Properties REIT's insider trading history.
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CAR.UN Stock News Headlines

Time’s Armageddon Man goes rogue
He’s worked side-by-side with Warren Buffett, Alan Greenspan, Ron Paul and Jim Rickards... and he’s written several #1 best-selling investment books. Now he’s sharing the most exciting opportunity of his three-decade-career. Early investors can target up to 10X returns in 2 years from a play NOBODY else is talking about.
Canadian REITs: Top Real Estate Stocks to Buy Now
Killam Apartment REIT: Impressive Performance
See More Headlines

CAR.UN Stock Analysis - Frequently Asked Questions

Canadian Apartment Properties REIT's stock was trading at C$48.80 on January 1st, 2024. Since then, CAR.UN stock has decreased by 13.6% and is now trading at C$42.18.
View the best growth stocks for 2024 here
.

Shares of CAR.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

Industry
REIT - Residential
Sub-Industry
N/A
Current Symbol
TSE:CAR.UN
CIK
N/A
Fax
N/A
Employees
908
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$57.17
High Stock Price Target
C$61.50
Low Stock Price Target
C$53.00
Potential Upside/Downside
+35.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

Net Income
C$-54,150,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$1.09 billion
Cash Flow
C$0.73 per share
Book Value
C$55.82 per share

Miscellaneous

Free Float
N/A
Market Cap
C$7.05 billion
Optionable
Not Optionable
Beta
1.23
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This page (TSE:CAR.UN) was last updated on 12/20/2024 by MarketBeat.com Staff
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