Minto Apartment Real Estate Invt Trust (MI.UN) Stock Price, News & Analysis

Company Overview

Minto Apartment Real Estate Investment Trust, an open-ended real estate investment trust, owns and operates a portfolio of income-producing multi-residential rental properties located in Canada. As of December 31, 2020, its portfolio consists of interests in 29 multi-residential rental properties, including three mixed-use residential apartment and commercial buildings in Toronto, Ottawa, Montréal, Calgary, and Edmonton. Minto Apartment Real Estate Investment Trust was founded in 2018 and is headquartered in Ottawa, Canada.

Key Stats

• Today's Range: C$13.16 to C$13.32
• 50-Day Range: C$13.10 to C$15.91
• 52-Week Range: C$12.99 to C$17.89
• Volume: 72,608 shs
• Average Volume: 97,474 shs
• Market Capitalization: C$528.14 million
• P/E Ratio: N/A
• Dividend Yield: 3.85%
• Price Target: C$19.68
• Consensus Rating: Moderate Buy

Minto Apartment Real Estate Invt Trust Stock Analysis - MarketRank™

Minto Apartment Real Estate Invt Trust scored higher than 45% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Minto Apartment Real Estate Invt Trust has received a consensus rating of Moderate Buy. The company's average rating score is 2.89, and is based on 8 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Minto Apartment Real Estate Invt Trust has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Minto Apartment Real Estate Invt Trust is -14.87, 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 Minto Apartment Real Estate Invt Trust is -14.87, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Minto Apartment Real Estate Invt Trust has a P/B Ratio of 0.49. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for MI.UN.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Minto Apartment Real Estate Invt Trust pays a meaningful dividend of 3.31%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Minto Apartment Real Estate Invt Trust does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for MI.UN.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: N/A

News Sentiment

Minto Apartment Real Estate Invt Trust has a news sentiment score of 1.80. 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 higher news sentiment than the 0.67 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Minto Apartment Real Estate Invt Trust this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Minto Apartment Real Estate Invt Trust insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.01% of the stock of Minto Apartment Real Estate Invt Trust is held by insiders.

Percentage Held by Institutions

Only 26.24% of the stock of Minto Apartment Real Estate Invt Trust is held by institutions.

MI.UN Stock Analysis - Frequently Asked Questions

How have MI.UN shares performed this year?

Minto Apartment Real Estate Invt Trust's stock was trading at C$16.18 at the beginning of 2024. Since then, MI.UN stock has decreased by 18.2% and is now trading at C$13.23.
View the best growth stocks for 2024 here.

How do I buy shares of Minto Apartment Real Estate Invt Trust?

Shares of MI.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

• Stock Exchange: TSE
• Sector: Real Estate
• Industry: REIT - Residential
• Sub-Industry: N/A
• Current Symbol: TSE:MI.UN
• CUSIP: N/A
• CIK: N/A
• Web: www.mintoapartmentreit.com
• Phone: 613-230-7051
• Fax: N/A
• Employees: 179
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$19.68
• High Stock Price Target: C$22.00
• Low Stock Price Target: C$17.75
• Potential Upside/Downside: +48.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.89
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($0.89)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 13.00
• P/E Growth: N/A
• Net Income: C$-35,430,000.00
• Net Margins: -22.43%
• Pretax Margin: N/A
• Return on Equity: -3.19%
• Return on Assets: 2.15%

Debt

• Debt-to-Equity Ratio: 101.09
• Current Ratio: 1.11
• Quick Ratio: 0.04

Sales & Book Value

• Annual Sales: C$157.96 million
• Price / Sales: 3.34
• Cash Flow: C$0.13 per share
• Price / Cash Flow: 102.07
• Book Value: C$27.09 per share
• Price / Book: 0.49

Miscellaneous

• Outstanding Shares: 39,920,000
• Free Float: N/A
• Market Cap: C$528.14 million
• Optionable: Not Optionable
• Beta: 1.23