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

Company Overview

Canadian Apartment Properties Real Estate Investment Trust, or CAPREIT, is a real estate investment trust primarily engaged in the acquisition and leasing of multiunit residential rental properties located near major urban centers across Canada. The company's real estate portfolio is mainly composed of apartments and townhouses situated near public amenities. Most of CAPREIT's holdings are aimed towards the midtier and luxury markets in terms of demographic segments. The company derives nearly all of its income in the form of rental revenue from leasing its properties to tenants. The majority of this revenue comes from assets located in the Greater Toronto and Greater Montreal regions. The buildings in these areas also contain the majority of CAPREIT's total housing units.

Key Stats

• Today's Range: C$40.73 to C$41.58
• 50-Day Range: C$38.74 to C$43.30
• 52-Week Range: C$37.28 to C$56.71
• Volume: 313,969 shs
• Average Volume: 591,926 shs
• Market Capitalization: C$6.90 billion
• P/E Ratio: N/A
• Dividend Yield: 3.64%
• Price Target: C$55.06
• Consensus Rating: Moderate Buy

CAR.UN Stock Analysis - Frequently Asked Questions

How have CAR.UN shares performed this year?

Canadian Apartment Properties REIT's stock was trading at C$42.63 at the start of the year. Since then, CAR.UN stock has decreased by 3.2% and is now trading at C$41.26.
View the best growth stocks for 2025 here.

How do I buy shares of Canadian Apartment Properties REIT?

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.

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Real Estate
• Industry: REIT - Residential
• Sub-Industry: N/A
• Current Symbol: TSE:CAR.UN
• CIK: N/A
• Web: www.caprent.com
• Phone: +1-416-8619404
• Fax: N/A
• Employees: 908
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$55.06
• High Stock Price Target: C$61.50
• Low Stock Price Target: C$50.00
• Potential Upside/Downside: +33.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.80
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($0.32)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: -10.12
• Net Income: C$-54,150,000.00
• Net Margins: -4.95%
• Pretax Margin: N/A
• Return on Equity: -1.08%
• Return on Assets: 2.40%

Debt

• Debt-to-Equity Ratio: 76.05
• Current Ratio: 0.36
• Quick Ratio: 0.16

Sales & Book Value

• Annual Sales: C$1.09 billion
• Price / Sales: 6.33
• Cash Flow: C$0.71 per share
• Price / Cash Flow: 57.91
• Book Value: C$55.82 per share
• Price / Book: 0.74

Miscellaneous

• Outstanding Shares: 167,160,000
• Free Float: N/A
• Market Cap: C$6.90 billion
• Optionable: Not Optionable
• Beta: 1.23