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S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
146 Pounds of Graphite Needed for Each EV (Ad)
Is Frontline's 20% Dividend Too Good To Be True?
Stock market today: World stocks mixed as Wall St inches toward bull market
The $193 Billion US-China War You Don't Know About (Ad)
Wheat prices jump following collapse of major dam in southern Ukraine
Here’s What’s Driving the Price of Carvana Higher
The $193 Billion US-China War You Don't Know About (Ad)
Tesla: How and Why It Gets To $300
It Is Not Too Late To “Git” On Board With GitLab 
S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
146 Pounds of Graphite Needed for Each EV (Ad)
Is Frontline's 20% Dividend Too Good To Be True?
Stock market today: World stocks mixed as Wall St inches toward bull market
The $193 Billion US-China War You Don't Know About (Ad)
Wheat prices jump following collapse of major dam in southern Ukraine
Here’s What’s Driving the Price of Carvana Higher
The $193 Billion US-China War You Don't Know About (Ad)
Tesla: How and Why It Gets To $300
It Is Not Too Late To “Git” On Board With GitLab 
S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
146 Pounds of Graphite Needed for Each EV (Ad)
Is Frontline's 20% Dividend Too Good To Be True?
Stock market today: World stocks mixed as Wall St inches toward bull market
The $193 Billion US-China War You Don't Know About (Ad)
Wheat prices jump following collapse of major dam in southern Ukraine
Here’s What’s Driving the Price of Carvana Higher
The $193 Billion US-China War You Don't Know About (Ad)
Tesla: How and Why It Gets To $300
It Is Not Too Late To “Git” On Board With GitLab 
TSE:AP.UN

Allied Properties Real Estate Investment (AP.UN) Stock Forecast, Price & News

C$23.09
+0.45 (+1.99%)
(As of 06/6/2023 ET)
Compare
Today's Range
C$22.61
▼
C$23.12
50-Day Range
C$21.69
▼
C$24.36
52-Week Range
C$21.53
▼
C$37.94
Volume
372,844 shs
Average Volume
403,565 shs
Market Capitalization
C$2.95 billion
P/E Ratio
51.31
Dividend Yield
7.80%
Price Target
C$32.04
ProfileAnalyst RatingsChartCompetitorsInsider TradesHeadlinesSocial Media

Allied Properties Real Estate Investment MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
38.7% Upside
C$32.04 Price Target
Short Interest
N/A
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.

2.12 out of 5 stars

See Top Rated MarketRank™ Stocks Here

AP.UN stock logo

About Allied Properties Real Estate Investment (TSE:AP.UN) Stock

Allied is a leading owner, manager and developer of (i) distinctive urban workspace in Canada's major cities and (ii) network-dense urban data centres in Toronto that form Canada's hub for global connectivity. Allied's business is providing knowledge-based organizations with distinctive urban environments for creativity and connectivity.

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AP.UN Stock News Headlines

May 5, 2023 | americanbankingnews.com
Raymond James Cuts Allied Properties Real Estate Investment (TSE:AP.UN) Price Target to C$29.00
May 1, 2023 | americanbankingnews.com
Royal Bank of Canada Cuts Allied Properties Real Estate Investment (TSE:AP.UN) Price Target to C$32.00
June 7, 2023 | Edge On The Street (Ad)
146 Pounds of Graphite Needed for Each EV
Graphite - not lithium - is the largest component of lithium-ion batteries used in electric vehicles. That's why 97 more graphite mines will be needed by 2035 just to keep up with battery demand for the $7 trillion EV market.
April 29, 2023 | americanbankingnews.com
Allied Properties Real Estate Investment (TSE:AP.UN) Price Target Lowered to C$27.00 at CIBC
April 29, 2023 | americanbankingnews.com
Allied Properties Real Estate Investment (TSE:AP.UN) Price Target Cut to C$32.00 by Analysts at TD Securities
April 24, 2023 | msn.com
2 Cheap Stocks That Could Make You Rich
April 24, 2023 | americanbankingnews.com
Scotiabank Trims Allied Properties Real Estate Investment (TSE:AP.UN) Target Price to C$35.00
April 21, 2023 | msn.com
CIBC CAPITAL MARKETS Downgrades Allied Properties Real Estate Investment Trust (TSX:AP.UN)
June 7, 2023 | Edge On The Street (Ad)
Nevada Desert more Valuable than Wall Street or Silicon Valley?
It could be true, according to Nevada Governor Steve Sisolak. The state's desert flats contain more lithium than any other geography in the world. And with electric vehicles driving a global boom in demand for lithium-ion batteries, Nevada should be on every investor's radar.
April 21, 2023 | americanbankingnews.com
National Bankshares Trims Allied Properties Real Estate Investment (TSE:AP.UN) Target Price to C$27.25
April 20, 2023 | theglobeandmail.com
Closing Bell: Allied Properties Real Estate Inv Trust up on Wednesday (AP-UN)
April 16, 2023 | americanbankingnews.com
CIBC Lowers Allied Properties Real Estate Investment (TSE:AP.UN) to Neutral
April 6, 2023 | theglobeandmail.com
Closing Bell: Allied Properties Real Estate Inv Trust up on Thursday (AP-UN)
April 6, 2023 | theglobeandmail.com
Closing Bell: Allied Properties Real Estate Inv Trust down on Wednesday (AP-UN)
April 6, 2023 | americanbankingnews.com
Allied Properties Real Estate Investment (TSE:AP.UN) Hits New 12-Month Low at $23.31
April 5, 2023 | theglobeandmail.com
Closing Bell: Allied Properties Real Estate Inv Trust down on Tuesday (AP-UN)
April 4, 2023 | theglobeandmail.com
Closing Bell: Allied Properties Real Estate Inv Trust down on Monday (AP-UN)
March 29, 2023 | americanbankingnews.com
Brokerages Set Allied Properties Real Estate Investment (TSE:AP.UN) Price Target at C$38.34
March 28, 2023 | theglobeandmail.com
Closing Bell: Allied Properties Real Estate Inv Trust up on Monday (AP-UN)
March 23, 2023 | americanbankingnews.com
Allied Properties Real Estate Investment (TSE:AP.UN) Director Jennifer Anne Tory Buys 2,000 Shares
February 2, 2023 | theglobeandmail.com
Allied Properties REIT names new CEO, founder Michael Emory appointed executive chair
January 30, 2023 | finance.yahoo.com
The past three years for Allied Properties Real Estate Investment Trust (TSE:AP.UN) investors has not been profitable
December 10, 2022 | americanbankingnews.com
Allied Properties Real Estate Investment (TSE:AP.UN) Receives Average Rating of "Moderate Buy" from Analysts
November 25, 2022 | theglobeandmail.com
Allied Properties REIT explores selling assets worth $1.3-billion to ease debt woes after interest rates soar
November 14, 2022 | seekingalpha.com
Allied Properties: 50% NAV Discount, But Is It Enough?
October 31, 2022 | msn.com
Recession fears a new headwind for commercial real estate rebound
October 18, 2022 | finance.yahoo.com
Allied Announces GRESB Score and Key ESG Achievements and Opportunities
See More Headlines

AP.UN Price History

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
REIT - Office
Sub-Industry
N/A
Sector
Real Estate
Current Symbol
TSE:AP.UN
CUSIP
N/A
CIK
N/A
Web
alliedreit.com
Phone
+1-416-9779002
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$32.04
High Stock Price Forecast
C$42.00
Low Stock Price Forecast
C$27.00
Forecasted Upside/Downside
+38.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C$0.45
Trailing P/E Ratio
51.31
Forward P/E Ratio
10.87
P/E Growth
N/A
Net Income
C$64.82 million
Net Margins
30.57%
Pretax Margin
N/A
Return on Equity
1.05%
Return on Assets
1.44%

Debt

Debt-to-Equity Ratio
62.34
Current Ratio
2.23
Quick Ratio
0.12

Sales & Book Value

Annual Sales
C$540.53 million
Price / Sales
5.47
Cash Flow
C$0.09 per share
Price / Cash Flow
271.33
Book Value
C$46.55 per share
Price / Book
0.50

Miscellaneous

Outstanding Shares
127,960,000
Free Float
N/A
Market Cap
C$2.95 billion
Optionable
Not Optionable
Beta
1.00

Key Executives

  • Mr. Michael R. Emory (Age 63)
    Pres, CEO & Trustee
  • Ms. Cecilia Catalina Williams C.A. (Age 42)
    CPA, Exec. VP & CFO
  • Mr. Thomas G. Burns (Age 63)
    Exec. VP & COO
  • Mr. Sean Timothy Low (Age 55)
    Sr. VP of Leasing
  • Mr. Douglas Riches (Age 68)
    Sr. VP of Mission Critical Facilities

Key Competitors

View All Competitors

Insiders

View All Insider Transactions













AP.UN Stock - Frequently Asked Questions

Should I buy or sell Allied Properties Real Estate Investment stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allied Properties Real Estate Investment in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AP.UN shares.
View AP.UN analyst ratings or view top-rated stocks.

What is Allied Properties Real Estate Investment's stock price forecast for 2023?

4 analysts have issued 1-year price targets for Allied Properties Real Estate Investment's shares. Their AP.UN share price forecasts range from C$27.00 to C$42.00. On average, they predict the company's stock price to reach C$32.04 in the next year. This suggests a possible upside of 38.7% from the stock's current price.
View analysts price targets for AP.UN or view top-rated stocks among Wall Street analysts.

How have AP.UN shares performed in 2023?

Allied Properties Real Estate Investment's stock was trading at C$25.60 at the beginning of 2023. Since then, AP.UN stock has decreased by 9.8% and is now trading at C$23.09.
View the best growth stocks for 2023 here.

Is Allied Properties Real Estate Investment a good dividend stock?

Allied Properties Real Estate Investment (TSE:AP.UN) pays an annual dividend of C$1.80 per share and currently has a dividend yield of 8.07%. AP.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 400.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for AP.UN.

What is Allied Properties Real Estate Investment's stock symbol?

Allied Properties Real Estate Investment trades on the Toronto Stock Exchange (TSX) under the ticker symbol "AP.UN."

How do I buy shares of Allied Properties Real Estate Investment?

Shares of AP.UN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Allied Properties Real Estate Investment's stock price today?

One share of AP.UN stock can currently be purchased for approximately C$23.09.

How much money does Allied Properties Real Estate Investment make?

Allied Properties Real Estate Investment (TSE:AP.UN) has a market capitalization of C$2.95 billion and generates C$540.53 million in revenue each year. The real estate investment trust earns C$64.82 million in net income (profit) each year or C$0.45 on an earnings per share basis.

How can I contact Allied Properties Real Estate Investment?

Allied Properties Real Estate Investment's mailing address is 134 Peter St Suite 1700, TORONTO, ON M5V 2H2, Canada. The official website for the company is alliedreit.com. The real estate investment trust can be reached via phone at +1-416-9779002.

This page (TSE:AP.UN) was last updated on 6/7/2023 by MarketBeat.com Staff

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