Canadian Apartment Properties REIT (CAR.UN) Competitors

C$45.75
-0.25 (-0.54%)
(As of 05/14/2024 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 stock? We will compare the two companies based on the strength of their community ranking, valuation, dividends, media sentiment, analyst recommendations, institutional ownership, earnings, risk and profitability.

Boardwalk REIT has a net margin of 134.70% compared to Canadian Apartment Properties REIT's net margin of -11.69%. Boardwalk REIT's return on equity of 18.16% 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 134.70%18.16%2.26%

In the previous week, Boardwalk REIT had 4 more articles in the media than Canadian Apartment Properties REIT. MarketBeat recorded 9 mentions for Boardwalk REIT and 5 mentions for Canadian Apartment Properties REIT. Boardwalk REIT's average media sentiment score of 0.59 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)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Boardwalk REIT
1 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

42.7% of Canadian Apartment Properties REIT shares are owned by institutional investors. Comparatively, 41.8% of Boardwalk REIT shares are owned by institutional investors. 0.4% of Canadian Apartment Properties REIT shares are owned by insiders. Comparatively, 17.9% of Boardwalk REIT shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Canadian Apartment Properties REIT currently has a consensus target price of C$56.24, indicating a potential upside of 22.93%. Boardwalk REIT has a consensus target price of C$84.92, indicating a potential upside of 16.29%. Given Canadian Apartment Properties REIT's stronger consensus rating and higher possible upside, research analysts plainly 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

Canadian Apartment Properties REIT received 80 more outperform votes than Boardwalk REIT 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 REIT an outperform vote.

CompanyUnderperformOutperform
Canadian Apartment Properties REITOutperform Votes
338
61.34%
Underperform Votes
213
38.66%
Boardwalk REITOutperform Votes
258
50.00%
Underperform Votes
258
50.00%

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 1.74, suggesting that its stock price is 74% more volatile than the S&P 500.

Canadian Apartment Properties REIT pays an annual dividend of C$1.45 per share and has a dividend yield of 3.2%. 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 9.0% 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.

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$1.08B7.08-C$126.23M-C$0.75-61.00
Boardwalk REITC$558.58M6.46C$752.43MC$15.934.58

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$7.65BC$1.33BC$1.53BC$5.07B
Dividend Yield3.15%4.80%7.64%6.56%
P/E Ratio-61.00125.10235.9924.68
Price / Sales7.08278.10353.941,539.94
Price / Cash57.91127.0561.6174.52
Price / Book0.840.791.433.50
Net Income-C$126.23MC$78.27M-C$84.32MC$286.93M
7 Day Performance0.55%0.24%0.44%0.56%
1 Month Performance5.39%-0.44%1.78%2.08%
1 Year Performance-9.41%-4.90%-1.74%22.17%

Canadian Apartment Properties REIT Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BEI.UN
Boardwalk REIT
3.4166 of 5 stars
C$73.10
+1.1%
C$84.42
+15.5%
+16.6%C$3.61BC$544.55M5.031,700Analyst Forecast
KMP.UN
Killam Apartment REIT
3.9655 of 5 stars
C$16.95
-1.0%
C$21.88
+29.1%
-1.7%C$2.01BC$349.96M7.53616Positive News
CIGI
Colliers International Group
2.048 of 5 stars
C$153.67
+0.8%
C$150.00
-2.4%
+24.5%C$7.49BC$4.34B80.0419,230
FSV
FirstService
1.5085 of 5 stars
C$206.63
+0.3%
C$187.33
-9.3%
+3.0%C$9.29BC$4.33B67.7529,000News Coverage
REI.UN
RioCan Real Estate Investment Trust
2.4182 of 5 stars
C$17.64
-2.2%
C$21.21
+20.3%
-14.9%C$5.30BC$1.18B135.69585Analyst Downgrade
News Coverage
GRT.UN
Granite Real Estate Investment Trust
2.8433 of 5 stars
C$69.49
-0.6%
C$87.33
+25.7%
-13.2%C$4.40BC$521.25M32.1744Positive News
CHP.UN
Choice Properties Real Est Invstmnt Trst
1.7196 of 5 stars
C$13.03
-0.9%
C$14.81
+13.7%
-9.5%C$4.27BC$1.45B14.16238News Coverage
Positive News
TCN
Tricon Residential
0.4401 of 5 stars
N/AC$12.39
+∞
+40.0%C$4.18BC$884.73M27.39978News Coverage
DIR.UN
Dream Industrial Real Estate Invest Trst
1.9632 of 5 stars
C$12.80
-0.5%
C$15.94
+24.5%
-7.4%C$3.50BC$443.11M35.5690
SRU.UN
SmartCentres Real Estate Investment Trst
1.1538 of 5 stars
C$22.54
-1.7%
C$26.64
+18.2%
-12.4%C$3.26BC$929.40M9.28337

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This page (TSE:CAR.UN) was last updated on 5/15/2024 by MarketBeat.com Staff

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