What is Boardwalk Real Estate Investment Trust's stock price target for 2024?

0 analysts have issued twelve-month price targets for Boardwalk Real Estate Investment Trust's shares. Their BOWFF share price targets range from $34.50 to $54.00. On average, they expect the company's stock price to reach $44.71 in the next twelve months. This suggests that the stock has a possible downside of 12.0%. View analysts price targets for BOWFF or view top-rated stocks among Wall Street analysts .

How have BOWFF shares performed in 2023?

Boardwalk Real Estate Investment Trust's stock was trading at $36.42 at the beginning of 2023. Since then, BOWFF shares have increased by 39.5% and is now trading at $50.80. View the best growth stocks for 2023 here .

Are investors shorting Boardwalk Real Estate Investment Trust?

Boardwalk Real Estate Investment Trust saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 1,875,500 shares, a decrease of 6.3% from the October 31st total of 2,001,600 shares. Based on an average daily trading volume, of 12,500 shares, the days-to-cover ratio is currently 150.0 days. View Boardwalk Real Estate Investment Trust's Short Interest .

When is Boardwalk Real Estate Investment Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024. View our BOWFF earnings forecast .

How were Boardwalk Real Estate Investment Trust's earnings last quarter?

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) issued its quarterly earnings data on Tuesday, November, 7th. The financial services provider reported $0.64 earnings per share for the quarter. The financial services provider had revenue of $102.76 million for the quarter. Boardwalk Real Estate Investment Trust had a net margin of 95.52% and a trailing twelve-month return on equity of 13.44%.

Is Boardwalk Real Estate Investment Trust a good dividend stock?

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) pays an annual dividend of $0.84 per share and currently has a dividend yield of 1.74%. The dividend payout ratio is 10.21%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for BOWFF .

How do I buy shares of Boardwalk Real Estate Investment Trust?

Shares of BOWFF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Boardwalk Real Estate Investment Trust Stock Price, News & Analysis (OTCMKTS:BOWFF)

$50.80

0.00 (0.00%)

(As of 12/7/2023 ET)

Compare

Today's Range: $50.80
▼
$50.80
50-Day Range: $46.18
▼
$51.92
52-Week Range: $34.89
▼
$52.62

Volume: 14,468 shs
Average Volume: 3,843 shs
Market Capitalization: $2.32 billion

P/E Ratio: 6.17
Dividend Yield: 1.65%
Price Target: $44.71

Stock Analysis Analyst Forecasts Chart Earnings Financials Headlines Short Interest

Boardwalk Real Estate Investment Trust MarketRank™ Stock Analysis

Analyst Rating: 0.00 Rating Score
Upside/Downside: 12.0% Downside
$44.71 Price Target
Short Interest: Healthy
4.10% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.16 out of 5 stars

0.0

Analyst's Opinion

Price Target Upside/Downside
According to analysts' consensus price target of $44.71, Boardwalk Real Estate Investment Trust has a forecasted downside of 12.0% from its current price of $50.80.
Amount of Analyst Coverage
Boardwalk Real Estate Investment Trust has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
4.10% of the outstanding shares of Boardwalk Real Estate Investment Trust have been sold short.
Short Interest Ratio / Days to Cover
Boardwalk Real Estate Investment Trust has a short interest ratio ("days to cover") of 150, which indicates bearish sentiment.
Change versus previous month
Short interest in Boardwalk Real Estate Investment Trust has recently decreased by 6.30%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Boardwalk Real Estate Investment Trust pays a meaningful dividend of 1.74%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Boardwalk Real Estate Investment Trust does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Boardwalk Real Estate Investment Trust is 10.21%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BOWFF.

N/A

News and Social Media Coverage

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Boardwalk Real Estate Investment Trust insiders have not sold or bought any company stock.
Percentage Held by Insiders
19.01% of the stock of Boardwalk Real Estate Investment Trust is held by insiders. A high percentage of insider ownership can be a sign of company health.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Boardwalk Real Estate Investment Trust is 6.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.64.
Price to Earnings Ratio vs. Sector
The P/E ratio of Boardwalk Real Estate Investment Trust is 6.34, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.35.
Price to Book Value per Share Ratio
Boardwalk Real Estate Investment Trust has a P/B Ratio of 0.96. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Boardwalk Real Estate Investment Trust Stock (OTCMKTS:BOWFF)

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 33,000 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. Our three-tiered and distinct brands: Boardwalk Living, Boardwalk Communities, and Boardwalk Lifestyle, cater to a large diverse demographic and has evolved to capture the life cycle of all Resident Members. Boardwalk's disciplined approach to capital allocation, acquisition, development, purposeful re-positioning, and management of apartment communities allows the Trust to provide its brand of community across Canada creating exceptional Resident Member experiences. Differentiated by its peak performance culture, Boardwalk is committed to delivering exceptional service, product quality and experience to our Resident Members who reward us with high retention and market leading operating results, which in turn, lead to higher free cash flow and investment returns, stable monthly distributions, and value creation for all our stakeholders. Boardwalk REIT's Trust Units are listed on the Toronto Stock Exchange, trading under the symbol BEI.UN.

BOWFF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

BOWFF Stock News Headlines

August 14, 2023 | markets.businessinsider.com

Analysts Offer Insights on NA Companies: AZEK Company (AZEK), Boardwalk REIT (OtherBOWFF) and Argonaut Gold (OtherARNGF)

August 11, 2023 | markets.businessinsider.com

RBC Capital Reaffirms Their Buy Rating on Boardwalk REIT (BOWFF)

December 7, 2023 | DTI Trader (Ad)

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August 10, 2023 | finance.yahoo.com

BOARDWALK REIT INCREASES FINANCIAL GUIDANCE FOR 2023 AND REPORTS STRONG RESULTS FOR Q2 2023 WITH CONTINUED OPERATING MARGIN IMPROVEMENT

July 27, 2023 | finance.yahoo.com

BOWFF - Boardwalk Real Estate Investment Trust

July 5, 2023 | markets.businessinsider.com

Analysts’ Top NA Picks: Choice Properties Real Estate Investment (PPRQF), Boardwalk REIT (BOWFF)

July 5, 2023 | finance.yahoo.com

BOARDWALK REIT PROVIDES OPERATIONAL UPDATE AND ANNOUNCES TIMING OF RELEASE OF ITS 2023 SECOND QUARTER FINANCIAL RESULTS

June 12, 2023 | theglobeandmail.com

Closing Bell: Boardwalk Real Estate Investment Trust down on Monday (BEI-UN)

December 7, 2023 | DTI Trader (Ad)

All the trading advice you’ve ever received boils down to this

April 26, 2023 | theglobeandmail.com

Closing Bell: Boardwalk Real Estate Investment Trust down on Wednesday (BEI-UN)

April 14, 2023 | theglobeandmail.com

Closing Bell: Boardwalk Real Estate Investment Trust up on Friday (BEI-UN)

April 11, 2023 | theglobeandmail.com

Closing Bell: Boardwalk Real Estate Investment Trust up on Tuesday (BEI-UN)

April 5, 2023 | finance.yahoo.com

BOARDWALK REIT PROVIDES AN OPERATIONAL UPDATE WITH CONTINUED STRONG SAME PROPERTY REVENUE GROWTH, HIGHEST OCCUPANCY SINCE 2013 AND ANNOUNCES TIMING OF FIRST QUARTER RESULTS

February 23, 2023 | finance.yahoo.com

BOARDWALK REIT PROVIDES 2023 GUIDANCE OF ACCELERATING RENTAL REVENUE AND NET OPERATING INCOME GROWTH AS IT REPORTS STRONG 2022 RESULTS AND AN 8.3% INCREASE TO ITS REGULAR DISTRIBUTION

February 22, 2023 | seekingalpha.com

BEI.UN:CA Boardwalk Real Estate Investment Trust

January 6, 2023 | finance.yahoo.com

BOARDWALK REIT PROVIDES AN OPERATIONAL UPDATE WITH CONTINUED STRONG OCCUPANCY, ACCELERATING SAME PROPERTY REVENUE GROWTH AND TIMING OF FOURTH QUARTER RESULTS

December 1, 2022 | nz.finance.yahoo.com

Investing in Boardwalk Real Estate Investment Trust (TSE:BEI.UN) five years ago would have delivered you a 35% gain

November 10, 2022 | markets.businessinsider.com

RBC Capital Keeps Their Buy Rating on Boardwalk REIT (BOWFF)

November 10, 2022 | markets.businessinsider.com

Boardwalk REIT (BOWFF) Receives a Buy from Canaccord Genuity

November 9, 2022 | seekingalpha.com

Boardwalk Real Estate Investment Trust (BOWFF) Q3 2022 Earnings Call Transcript

November 8, 2022 | finance.yahoo.com

BOARDWALK REIT REPORTS SOLID THIRD QUARTER RESULTS WITH CONTINUED STRONG QUARTERLY SEQUENTIAL REVENUE GROWTH

October 14, 2022 | finance.yahoo.com

Institutions own 36% of Boardwalk Real Estate Investment Trust (TSE:BEI.UN) shares but individual investors control 45% of the company

October 4, 2022 | finance.yahoo.com

BOARDWALK REIT PROVIDES OPERATIONAL UPDATE AND ANNOUNCES TIMING OF RELEASE OF ITS 2022 THIRD QUARTER FINANCIAL RESULTS

August 10, 2022 | seekingalpha.com

Boardwalk Real Estate Investment Trust (BOWFF) CEO Sam Kolias on Q2 2022 Results - Earnings Call Transcript

August 9, 2022 | finance.yahoo.com

BOARDWALK REIT REPORTS SOLID SECOND QUARTER RESULTS WITH STRONG QUARTERLY SEQUENTIAL REVENUE GROWTH

July 30, 2022 | theglobeandmail.com

Boardwalk Real Estate Investment Trust stock dipped on Friday.

July 5, 2022 | theglobeandmail.com

Boardwalk Real Estate Investment Trust stock advanced on Friday.

See More Headlines

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Company Calendar

Last Earnings: 11/07/2023
Today: 12/07/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/21/2024

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Apartment building operators
Sub-Industry: N/A
Sector: Finance
Current Symbol: OTCMKTS:BOWFF
CUSIP: N/A
CIK: 1129929
Web: www.bwalk.com
Phone: (403) 531-9255
Fax: 403-531-9565
Employees: 1,560
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $44.71
High Stock Price Target: $54.00
Low Stock Price Target: $34.50
Potential Upside/Downside: -12.0%
Consensus Rating
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): $8.23
Trailing P/E Ratio: 6.17
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $217.76 million
Net Margins: 95.52%
Pretax Margin: 94.72%
Return on Equity: 13.44%
Return on Assets: 6.79%

Debt

Debt-to-Equity Ratio: 0.72
Current Ratio: 0.08
Quick Ratio: 0.08

Sales & Book Value

Annual Sales: $380.60 million
Price / Sales: 6.10
Cash Flow: $4.66 per share
Price / Cash Flow: 10.90
Book Value: $53.13 per share
Price / Book: 0.96

Miscellaneous

Outstanding Shares: 45,725,000
Free Float: 37,033,000
Market Cap: $2.32 billion
Optionable: Not Optionable
Beta: 1.36

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Key Executives

Mr. Sam Kolias (Age 61)
Chairman & CEO
Mr. James Ha
President
Ms. Lisa Smandych
Chief Financial Officer
Mr. Bhavnesh Jaraim
Chief Information Officer & VP of Technology
Ms. Samantha A. Kolias-Gunn (Age 35)
Senior VP of Corporate Development and Governance & Independent Trustee
Comp: $54.66k
Ms. Helen Mix
Vice President of People
Ms. Leonora Heloise Davids
Senior Vice President of Operations
Sheila Odie
Senior Director of Sustainability & Operational Accounting
Mr. John Eric Bowers C.F.A.
Vice President of Finance & Investor Relations
Mr. Van Kolias
Senior Vice President of Quality Control

Key Competitors

View All Competitors

BOWFF Stock Analysis - Frequently Asked Questions

What is Boardwalk Real Estate Investment Trust's stock price target for 2024?: 0 analysts have issued twelve-month price targets for Boardwalk Real Estate Investment Trust's shares. Their BOWFF share price targets range from $34.50 to $54.00. On average, they expect the company's stock price to reach $44.71 in the next twelve months. This suggests that the stock has a possible downside of 12.0%.
View analysts price targets for BOWFF or view top-rated stocks among Wall Street analysts.
How have BOWFF shares performed in 2023?: Boardwalk Real Estate Investment Trust's stock was trading at $36.42 at the beginning of 2023. Since then, BOWFF shares have increased by 39.5% and is now trading at $50.80.
View the best growth stocks for 2023 here.
Are investors shorting Boardwalk Real Estate Investment Trust?: Boardwalk Real Estate Investment Trust saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 1,875,500 shares, a decrease of 6.3% from the October 31st total of 2,001,600 shares. Based on an average daily trading volume, of 12,500 shares, the days-to-cover ratio is currently 150.0 days.
View Boardwalk Real Estate Investment Trust's Short Interest.
When is Boardwalk Real Estate Investment Trust's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024.
View our BOWFF earnings forecast.

How were Boardwalk Real Estate Investment Trust's earnings last quarter?: Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) issued its quarterly earnings data on Tuesday, November, 7th. The financial services provider reported $0.64 earnings per share for the quarter. The financial services provider had revenue of $102.76 million for the quarter. Boardwalk Real Estate Investment Trust had a net margin of 95.52% and a trailing twelve-month return on equity of 13.44%.
Is Boardwalk Real Estate Investment Trust a good dividend stock?: Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) pays an annual dividend of $0.84 per share and currently has a dividend yield of 1.74%. The dividend payout ratio is 10.21%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for BOWFF.
How do I buy shares of Boardwalk Real Estate Investment Trust?: Shares of BOWFF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (OTCMKTS:BOWFF) was last updated on 12/7/2023 by MarketBeat.com Staff

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