Canadian Apartment Properties REIT (CAR.UN) Competitors

C$46.07
-0.15 (-0.32%)
(As of 05/10/2024 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 REIT (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.

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

In the previous week, Boardwalk REIT had 5 more articles in the media than Canadian Apartment Properties REIT. MarketBeat recorded 8 mentions for Boardwalk REIT and 3 mentions for Canadian Apartment Properties REIT. Boardwalk REIT's average media sentiment score of 0.40 beat Canadian Apartment Properties REIT's score of 0.03 indicating that Boardwalk REIT is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Canadian Apartment Properties REIT
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Boardwalk REIT
1 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Boardwalk REIT 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 REIT, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canadian Apartment Properties REITC$1.08B7.13-C$126.23M-C$0.75-61.43
Boardwalk REITC$544.55M6.63C$666.10MC$14.545.03

Boardwalk REIT has a net margin of 122.32% compared to Canadian Apartment Properties REIT's net margin of -11.69%. Boardwalk REIT's return on equity of 17.11% beat Canadian Apartment Properties REIT's return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Apartment Properties REIT-11.69% -2.11% 2.35%
Boardwalk REIT 122.32%17.11%2.26%

Canadian Apartment Properties REIT has a beta of 1.18, suggesting that its stock price is 18% more volatile than the S&P 500. Comparatively, Boardwalk REIT has a beta of 1.72, suggesting that its stock price is 72% more volatile than the S&P 500.

42.7% of Canadian Apartment Properties REIT shares are owned by institutional investors. Comparatively, 41.0% of Boardwalk REIT shares are owned by institutional investors. 0.4% of Canadian Apartment Properties REIT shares are owned by company insiders. Comparatively, 17.9% of Boardwalk REIT shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Canadian Apartment Properties REIT pays an annual dividend of C$1.45 per share and has a dividend yield of 3.1%. Boardwalk REIT pays an annual dividend of C$1.44 per share and has a dividend yield of 2.0%. Canadian Apartment Properties REIT pays out -193.3% of its earnings in the form of a dividend. Boardwalk REIT pays out 9.9% 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.

Canadian Apartment Properties REIT received 80 more outperform votes than Boardwalk REIT when rated by MarketBeat users. Likewise, 61.27% of users gave Canadian Apartment Properties REIT an outperform vote while only 49.90% of users gave Boardwalk REIT an outperform vote.

CompanyUnderperformOutperform
Canadian Apartment Properties REITOutperform Votes
337
61.27%
Underperform Votes
213
38.73%
Boardwalk REITOutperform Votes
257
49.90%
Underperform Votes
258
50.10%

Canadian Apartment Properties REIT currently has a consensus target price of C$56.22, suggesting a potential upside of 22.03%. Boardwalk REIT has a consensus target price of C$84.81, suggesting a potential upside of 16.03%. Given Canadian Apartment Properties REIT's stronger consensus rating and higher possible upside, equities analysts clearly believe Canadian Apartment Properties REIT is more favorable than Boardwalk REIT.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Apartment Properties REIT
0 Sell rating(s)
2 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
2.92
Boardwalk REIT
0 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.75

Summary

Canadian Apartment Properties REIT beats Boardwalk REIT 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$7.70BC$1.25BC$1.40BC$5.43B
Dividend Yield3.15%4.82%7.80%5.54%
P/E Ratio-61.43129.38235.8821.72
Price / Sales7.13295.50337.841,782.86
Price / Cash57.9193.8359.5679.63
Price / Book0.840.771.433.08
Net Income-C$126.23MC$71.63M-C$88.88MC$293.94M
7 Day Performance3.74%0.81%0.02%1.39%
1 Month Performance4.04%-1.29%0.41%-0.17%
1 Year Performance-6.84%-4.75%-2.72%24.27%

Canadian Apartment Properties REIT Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BEI.UN
Boardwalk REIT
3.3801 of 5 stars
C$73.10
+1.1%
C$84.42
+15.5%
+19.5%C$3.61BC$544.55M5.031,700Analyst Forecast
News Coverage
KMP.UN
Killam Apartment REIT
4.1269 of 5 stars
C$16.95
-1.0%
C$21.88
+29.1%
-2.5%C$2.01BC$349.96M7.53616Analyst Forecast
News Coverage
CIGI
Colliers International Group
2.0169 of 5 stars
C$153.67
+0.8%
C$150.00
-2.4%
+27.0%C$7.49BC$4.34B80.0419,230News Coverage
Positive News
FSV
FirstService
1.4776 of 5 stars
C$206.63
+0.3%
C$187.33
-9.3%
+6.2%C$9.29BC$4.33B67.7529,000Dividend Increase
REI.UN
RioCan Real Estate Investment Trust
2.0763 of 5 stars
C$17.64
-2.2%
C$21.21
+20.3%
-12.8%C$5.30BC$1.18B135.69585
GRT.UN
Granite Real Estate Investment Trust
2.6165 of 5 stars
C$69.49
-0.6%
C$87.33
+25.7%
-11.5%C$4.40BC$521.25M32.1744Analyst Forecast
News Coverage
CHP.UN
Choice Properties Real Est Invstmnt Trst
1.7768 of 5 stars
C$13.03
-0.9%
C$14.81
+13.7%
-8.0%C$4.27BC$1.45B14.16238Positive News
TCN
Tricon Residential
2.1117 of 5 stars
N/AC$12.39
+∞
N/AC$4.18BC$884.73M27.39978Upcoming Earnings
DIR.UN
Dream Industrial Real Estate Invest Trst
2.1657 of 5 stars
C$12.80
-0.5%
C$15.94
+24.5%
-6.7%C$3.50BC$443.11M35.5690News Coverage
SRU.UN
SmartCentres Real Estate Investment Trst
1.1114 of 5 stars
C$22.54
-1.7%
C$26.64
+18.2%
-11.2%C$3.26BC$929.40M9.28337Analyst Forecast

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This page (TSE:CAR.UN) was last updated on 5/11/2024 by MarketBeat.com Staff

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