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) Add Compare Share Share Today's RangeC$22.61▼C$23.1250-Day RangeC$21.69▼C$24.3652-Week RangeC$21.53▼C$37.94Volume372,844 shsAverage Volume403,565 shsMarket CapitalizationC$2.95 billionP/E Ratio51.31Dividend Yield7.80%Price TargetC$32.04 ProfileProfileAnalyst RatingsChartCompetitorsInsider TradesHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsInsider TradesHeadlinesSocial Media Allied Properties Real Estate Investment MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside38.7% UpsideC$32.04 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details 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 3.4 Analyst's Opinion Consensus RatingAllied Properties Real Estate Investment has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$32.04, Allied Properties Real Estate Investment has a forecasted upside of 38.7% from its current price of C$23.09.Amount of Analyst CoverageAllied Properties Real Estate Investment has only been the subject of 4 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for AP.UN. Previous Next 1.7 Dividend Strength Dividend LeadershipAllied Properties Real Estate Investment is a leading dividend payer. It pays a dividend yield of 8.07%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAllied Properties Real Estate Investment does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Allied Properties Real Estate Investment is 400.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for AP.UN. Previous Next 0.6 News and Social Media Coverage Search InterestOnly 1 people have searched for AP.UN on MarketBeat in the last 30 days. This is a decrease of -92% compared to the previous 30 days.MarketBeat Follows4 people have added Allied Properties Real Estate Investment to their MarketBeat watchlist in the last 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Allied Properties Real Estate Investment insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.67% of the stock of Allied Properties Real Estate Investment is held by insiders.Percentage Held by Institutions43.71% of the stock of Allied Properties Real Estate Investment is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Allied Properties Real Estate Investment is 51.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.39.Price to Earnings Ratio vs. SectorThe P/E ratio of Allied Properties Real Estate Investment is 51.31, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 158.49.Price to Book Value per Share RatioAllied Properties Real Estate Investment has a P/B Ratio of 0.50. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Allied Properties Real Estate Investment (TSE:AP.UN) StockAllied 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.Read More Receive AP.UN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Allied Properties Real Estate Investment and its competitors with MarketBeat's FREE daily newsletter. Email Address AP.UN Stock News HeadlinesMay 5, 2023 | americanbankingnews.comRaymond James Cuts Allied Properties Real Estate Investment (TSE:AP.UN) Price Target to C$29.00May 1, 2023 | americanbankingnews.comRoyal Bank of Canada Cuts Allied Properties Real Estate Investment (TSE:AP.UN) Price Target to C$32.00June 7, 2023 | Edge On The Street (Ad)146 Pounds of Graphite Needed for Each EVGraphite - 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.comAllied Properties Real Estate Investment (TSE:AP.UN) Price Target Lowered to C$27.00 at CIBCApril 29, 2023 | americanbankingnews.comAllied Properties Real Estate Investment (TSE:AP.UN) Price Target Cut to C$32.00 by Analysts at TD SecuritiesApril 24, 2023 | msn.com2 Cheap Stocks That Could Make You RichApril 24, 2023 | americanbankingnews.comScotiabank Trims Allied Properties Real Estate Investment (TSE:AP.UN) Target Price to C$35.00April 21, 2023 | msn.comCIBC 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.comNational Bankshares Trims Allied Properties Real Estate Investment (TSE:AP.UN) Target Price to C$27.25April 20, 2023 | theglobeandmail.comClosing Bell: Allied Properties Real Estate Inv Trust up on Wednesday (AP-UN)April 16, 2023 | americanbankingnews.comCIBC Lowers Allied Properties Real Estate Investment (TSE:AP.UN) to NeutralApril 6, 2023 | theglobeandmail.comClosing Bell: Allied Properties Real Estate Inv Trust up on Thursday (AP-UN)April 6, 2023 | theglobeandmail.comClosing Bell: Allied Properties Real Estate Inv Trust down on Wednesday (AP-UN)April 6, 2023 | americanbankingnews.comAllied Properties Real Estate Investment (TSE:AP.UN) Hits New 12-Month Low at $23.31April 5, 2023 | theglobeandmail.comClosing Bell: Allied Properties Real Estate Inv Trust down on Tuesday (AP-UN)April 4, 2023 | theglobeandmail.comClosing Bell: Allied Properties Real Estate Inv Trust down on Monday (AP-UN)March 29, 2023 | americanbankingnews.comBrokerages Set Allied Properties Real Estate Investment (TSE:AP.UN) Price Target at C$38.34March 28, 2023 | theglobeandmail.comClosing Bell: Allied Properties Real Estate Inv Trust up on Monday (AP-UN)March 23, 2023 | americanbankingnews.comAllied Properties Real Estate Investment (TSE:AP.UN) Director Jennifer Anne Tory Buys 2,000 SharesFebruary 2, 2023 | theglobeandmail.comAllied Properties REIT names new CEO, founder Michael Emory appointed executive chairJanuary 30, 2023 | finance.yahoo.comThe past three years for Allied Properties Real Estate Investment Trust (TSE:AP.UN) investors has not been profitableDecember 10, 2022 | americanbankingnews.comAllied Properties Real Estate Investment (TSE:AP.UN) Receives Average Rating of "Moderate Buy" from AnalystsNovember 25, 2022 | theglobeandmail.comAllied Properties REIT explores selling assets worth $1.3-billion to ease debt woes after interest rates soarNovember 14, 2022 | seekingalpha.comAllied Properties: 50% NAV Discount, But Is It Enough?October 31, 2022 | msn.comRecession fears a new headwind for commercial real estate reboundOctober 18, 2022 | finance.yahoo.comAllied Announces GRESB Score and Key ESG Achievements and OpportunitiesSee More Headlines AP.UN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Industry, Sector and Symbol Stock ExchangeTSE Industry REIT - Office Sub-IndustryN/A SectorReal Estate Current SymbolTSE:AP.UN CUSIPN/A CIKN/A Weballiedreit.com Phone+1-416-9779002FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price ForecastC$32.04 High Stock Price ForecastC$42.00 Low Stock Price ForecastC$27.00 Forecasted Upside/Downside+38.7%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.45 Trailing P/E Ratio51.31 Forward P/E Ratio10.87 P/E GrowthN/ANet IncomeC$64.82 million Net Margins30.57% Pretax MarginN/A Return on Equity1.05% Return on Assets1.44% Debt Debt-to-Equity Ratio62.34 Current Ratio2.23 Quick Ratio0.12 Sales & Book Value Annual SalesC$540.53 million Price / Sales5.47 Cash FlowC$0.09 per share Price / Cash Flow271.33 Book ValueC$46.55 per share Price / Book0.50Miscellaneous Outstanding Shares127,960,000Free FloatN/AMarket CapC$2.95 billion OptionableNot Optionable Beta1.00 Key ExecutivesMr. 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 CompetitorsDream Global REITTSE:DRG.UNTricon ResidentialTSE:TCNBoardwalk REITTSE:BEI.UNH&R Real Estate Investment TrustTSE:HR.UNFirst Capital RealtyTSE:FCR.UNView All CompetitorsInsidersJennifer Anne ToryBought 2,000 shares on 2/22/2023Total: C$56,960.00 ($28.48/share)Matthew Philip AndradeBought 1 shares on 1/16/2023Total: C$28.39 ($28.39/share)Matthew Philip AndradeBought 1 shares on 12/15/2022Total: C$26.82 ($26.82/share)Matthew Philip AndradeBought 1 shares on 11/15/2022Total: C$26.15 ($26.15/share)Matthew Philip AndradeBought 1 shares on 10/17/2022Total: C$26.40 ($26.40/share)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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Allied Properties Real Estate Investment Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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