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Canadian Apartment Properties REIT (CAR.UN) Competitors

C$43.64
-0.79 (-1.78%)
(As of 05/28/2024 ET)

CAR.UN vs. BEI.UN, KMP.UN, CIGI, FSV, REI.UN, GRT.UN, CHP.UN, TCN, DIR.UN, and SRU.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), Killam Apartment REIT (KMP.UN), Colliers International Group (CIGI), FirstService (FSV), RioCan Real Estate Investment Trust (REI.UN), Granite Real Estate Investment Trust (GRT.UN), Choice Properties Real Est Invstmnt Trst (CHP.UN), Tricon Residential (TCN), Dream Industrial Real Estate Invest Trst (DIR.UN), and SmartCentres Real Estate Investment Trst (SRU.UN). These companies are all part of the "real estate" sector.

Canadian Apartment Properties REIT vs.

Boardwalk Real Estate Investment Trust (TSE:BEI.UN) and Canadian Apartment Properties REIT (TSE:CAR.UN) are both mid-cap real estate companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, risk, profitability, institutional ownership, community ranking, analyst recommendations, dividends, media sentiment and earnings.

41.5% of Boardwalk Real Estate Investment Trust shares are owned by institutional investors. Comparatively, 43.2% of Canadian Apartment Properties REIT shares are owned by institutional investors. 17.9% of Boardwalk Real Estate Investment Trust shares are owned by company insiders. Comparatively, 0.2% of Canadian Apartment Properties REIT shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Boardwalk Real Estate Investment Trust has higher earnings, but lower revenue 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
Boardwalk Real Estate Investment TrustC$558.58M6.08C$752.43MC$15.934.32
Canadian Apartment Properties REITC$1.08B6.75-C$126.23M-C$0.75-58.19

Boardwalk Real Estate Investment Trust currently has a consensus target price of C$84.92, suggesting a potential upside of 23.46%. Canadian Apartment Properties REIT has a consensus target price of C$56.30, suggesting a potential upside of 29.01%. Given Boardwalk Real Estate Investment Trust's stronger consensus rating and higher probable upside, 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
Boardwalk Real Estate Investment Trust
0 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.75
Canadian Apartment Properties REIT
0 Sell rating(s)
2 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
2.92

Boardwalk Real Estate Investment Trust has a beta of 1.74, suggesting that its share price is 74% more volatile than the S&P 500. Comparatively, Canadian Apartment Properties REIT has a beta of 1.19, suggesting that its share price is 19% more volatile than the S&P 500.

Boardwalk Real Estate Investment Trust pays an annual dividend of C$1.44 per share and has a dividend yield of 2.1%. Canadian Apartment Properties REIT pays an annual dividend of C$1.45 per share and has a dividend yield of 3.3%. Boardwalk Real Estate Investment Trust pays out 9.0% of its earnings in the form of a dividend. Canadian Apartment Properties REIT pays out -193.3% 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.

In the previous week, Boardwalk Real Estate Investment Trust had 2 more articles in the media than Canadian Apartment Properties REIT. MarketBeat recorded 2 mentions for Boardwalk Real Estate Investment Trust and 0 mentions for Canadian Apartment Properties REIT. Canadian Apartment Properties REIT's average media sentiment score of 1.50 beat Boardwalk Real Estate Investment Trust's score of 0.00 indicating that Boardwalk Real Estate Investment Trust is being referred to more favorably in the media.

Canadian Apartment Properties REIT received 80 more outperform votes than Boardwalk Real Estate Investment Trust when rated by MarketBeat users. Likewise, 61.34% of users gave Canadian Apartment Properties REIT an outperform vote while only 50.00% of users gave Boardwalk Real Estate Investment Trust an outperform vote.

CompanyUnderperformOutperform
Boardwalk Real Estate Investment TrustOutperform Votes
258
50.00%
Underperform Votes
258
50.00%
Canadian Apartment Properties REITOutperform Votes
338
61.34%
Underperform Votes
213
38.66%

Boardwalk Real Estate Investment Trust has a net margin of 134.70% compared to Boardwalk Real Estate Investment Trust's net margin of -11.69%. Canadian Apartment Properties REIT's return on equity of 18.16% beat Boardwalk Real Estate Investment Trust's return on equity.

Company Net Margins Return on Equity Return on Assets
Boardwalk Real Estate Investment Trust134.70% 18.16% 2.26%
Canadian Apartment Properties REIT -11.69%-2.11%2.35%

Summary

Canadian Apartment Properties REIT beats Boardwalk Real Estate Investment Trust on 12 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

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.
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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$7.29BC$1.17BC$1.36BC$4.71B
Dividend Yield3.24%4.80%7.55%6.24%
P/E Ratio-58.19123.01235.2224.80
Price / Sales6.75272.031,393.562,714.65
Price / Cash57.9191.5856.6174.94
Price / Book0.790.781.494.15
Net Income-C$126.23MC$78.87M-C$75.01MC$272.82M
7 Day Performance-3.73%-2.07%-0.34%-0.92%
1 Month Performance0.97%0.16%3.09%2.28%
1 Year Performance-9.91%-4.54%1.50%30.53%

Canadian Apartment Properties REIT Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BEI.UN
Boardwalk Real Estate Investment Trust
2.4408 of 5 stars
C$72.60
-0.2%
C$84.92
+17.0%
+15.5%C$3.59BC$558.58M4.561,558Positive News
KMP.UN
Killam Apartment REIT
3.3274 of 5 stars
C$17.89
-0.3%
C$21.93
+22.6%
-1.2%C$2.12BC$352.76M6.85616Dividend Announcement
Positive News
CIGI
Colliers International Group
1.9006 of 5 stars
C$155.99
-1.1%
C$150.00
-3.8%
+19.8%C$7.84BC$4.37B53.0619,230Positive News
FSV
FirstService
0 of 5 stars
C$201.23
-0.4%
C$187.33
-6.9%
0.0%C$9.05BC$4.47B72.3829,000Positive News
REI.UN
RioCan Real Estate Investment Trust
2.465 of 5 stars
C$17.55
-0.1%
C$20.86
+18.8%
-15.0%C$5.27BC$1.21B103.24585Positive News
GRT.UN
Granite Real Estate Investment Trust
3.7303 of 5 stars
C$69.92
-0.8%
C$87.70
+25.4%
-15.9%C$4.41BC$530.59M20.5669News Coverage
Positive News
CHP.UN
Choice Properties Real Est Invstmnt Trst
0 of 5 stars
C$13.04
-0.5%
C$14.81
+13.6%
-7.8%C$4.28BC$1.45B14.17238
TCN
Tricon Residential
1.7445 of 5 stars
N/AC$12.39
+∞
N/AC$4.18BC$884.73M27.39978
DIR.UN
Dream Industrial Real Estate Invest Trst
2.9184 of 5 stars
C$12.94
-0.7%
C$15.94
+23.2%
-10.7%C$3.56BC$481.20M18.7590Positive News
SRU.UN
SmartCentres Real Estate Investment Trst
1.6943 of 5 stars
C$22.90
0.0%
C$26.00
+13.5%
-12.4%C$3.31BC$929.40M9.42337

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This page (TSE:CAR.UN) was last updated on 5/29/2024 by MarketBeat.com Staff

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