Shares of Boardwalk Real Estate Investment Trust (TSE:BEI.UN - Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$65.22 and traded as high as C$69.87. Boardwalk Real Estate Investment Trust shares last traded at C$69.07, with a volume of 48,675 shares changing hands.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently weighed in on the company. National Bankshares lowered Boardwalk Real Estate Investment Trust from an "outperform" rating to a "sector perform" rating and lowered their price objective for the company from C$80.00 to C$72.00 in a research note on Monday, April 14th. TD Securities upped their price objective on Boardwalk Real Estate Investment Trust from C$84.00 to C$85.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. Raymond James Financial upped their price objective on Boardwalk Real Estate Investment Trust from C$80.00 to C$84.00 and gave the company an "outperform" rating in a research note on Thursday, May 8th. Finally, BMO Capital Markets increased their price target on Boardwalk Real Estate Investment Trust from C$73.00 to C$75.00 in a research report on Monday, May 12th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of C$80.64.
View Our Latest Analysis on Boardwalk Real Estate Investment Trust
Boardwalk Real Estate Investment Trust Stock Performance
The stock has a 50-day moving average of C$68.16 and a 200 day moving average of C$65.31. The company has a debt-to-equity ratio of 77.35, a quick ratio of 0.04 and a current ratio of 0.23. The firm has a market capitalization of C$3.43 billion, a P/E ratio of 5.14, a price-to-earnings-growth ratio of 1.24 and a beta of 1.76.
Boardwalk Real Estate Investment Trust Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Friday, August 15th. Shareholders of record on Friday, August 15th will be issued a dividend of $0.135 per share. This represents a $1.62 annualized dividend and a yield of 2.33%. The ex-dividend date of this dividend is Thursday, July 31st. Boardwalk Real Estate Investment Trust's dividend payout ratio is 10.66%.
Boardwalk Real Estate Investment Trust Company Profile
(
Get Free Report)
Boardwalk Real Estate Investment Trust, or Boardwalk REIT, is a real estate investment trust engaged in the acquisition, development, and management of residential multifamily communities throughout Canada. Although the company's cumulative residential property portfolio includes holdings in the provinces of Alberta, Saskatchewan, Ontario, and Quebec, the majority of its total units are located in Alberta.
Featured Articles
Before you consider Boardwalk Real Estate Investment Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Boardwalk Real Estate Investment Trust wasn't on the list.
While Boardwalk Real Estate Investment Trust currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for August 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
