Boardwalk Real Estate Investment Trust (TSE:BEI.UN - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$66.35 and traded as high as C$67.00. Boardwalk Real Estate Investment Trust shares last traded at C$66.29, with a volume of 86,346 shares trading hands.
Analyst Upgrades and Downgrades
Several research analysts have recently weighed in on BEI.UN shares. Scotiabank decreased their price objective on shares of Boardwalk Real Estate Investment Trust from C$79.50 to C$78.50 in a report on Monday, February 24th. CIBC decreased their target price on shares of Boardwalk Real Estate Investment Trust from C$86.00 to C$80.00 in a research note on Monday, February 24th. Raymond James raised their price target on Boardwalk Real Estate Investment Trust from C$80.00 to C$84.00 and gave the stock an "outperform" rating in a research note on Thursday. National Bankshares cut Boardwalk Real Estate Investment Trust from an "outperform" rating to a "sector perform" rating and dropped their target price for the stock from C$80.00 to C$72.00 in a research report on Monday, April 14th. Finally, TD Securities upped their price target on shares of Boardwalk Real Estate Investment Trust from C$84.00 to C$85.00 and gave the company a "buy" rating in a research report on Thursday. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of C$80.36.
Get Our Latest Stock Report on BEI.UN
Boardwalk Real Estate Investment Trust Price Performance
The company has a quick ratio of 0.04, a current ratio of 0.23 and a debt-to-equity ratio of 77.35. The stock has a market cap of C$3.31 billion, a P/E ratio of 4.96, a P/E/G ratio of 1.24 and a beta of 1.76. The firm has a 50 day moving average price of C$64.58 and a 200 day moving average price of C$65.94.
Boardwalk Real Estate Investment Trust Announces Dividend
The company also recently announced a monthly dividend, which will be paid on Monday, June 16th. Shareholders of record on Monday, June 16th will be paid a dividend of $0.135 per share. This represents a $1.62 dividend on an annualized basis and a yield of 2.42%. The ex-dividend date of this dividend is Friday, May 30th. Boardwalk Real Estate Investment Trust's payout ratio is 10.66%.
About Boardwalk Real Estate Investment Trust
(
Get Free Report)
Boardwalk REIT strives to be Canada's friendliest community provider and is a leading owner/operator of multi-family rental communities. Providing homes in more than 200 communities, with over 34,000 residential suites totaling over 29 million net rentable square feet, Boardwalk has a proven long-term track record of building better communities, where love always lives.
Recommended Stories
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 Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
