TSE:AP.UN

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

C$24.04

+0.11 (+0.46%)

(As of 03/28/2023 12:00 AM ET)

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Today's Range: C$23.70
▼
C$24.16
50-Day Range: C$23.69
▼
C$30.64
52-Week Range: C$23.41
▼
C$47.24

Volume: 254,836 shs
Average Volume: 387,166 shs
Market Capitalization: C$3.08 billion

P/E Ratio: 19.54
Dividend Yield: 7.49%
Price Target: C$38.34

Allied Properties Real Estate Investment MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.80 Rating Score
Upside/Downside: 59.5% Upside
C$38.34 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.86
Based on 3 Articles This Week
Insider Trading: Acquiring Shares
C$56,988 Bought Last Quarter
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.

2.67 out of 5 stars

3.4

Analyst's Opinion

Consensus Rating
Allied Properties Real Estate Investment has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$38.34, Allied Properties Real Estate Investment has a forecasted upside of 59.5% from its current price of C$24.04.
Amount of Analyst Coverage
Allied Properties Real Estate Investment has only been the subject of 3 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for AP.UN.

1.7

Dividend Strength

Dividend Leadership
Allied Properties Real Estate Investment is a leading dividend payer. It pays a dividend yield of 7.59%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Allied Properties Real Estate Investment does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Allied Properties Real Estate Investment is 146.34%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

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

3.3

News and Social Media Coverage

News Sentiment
Allied Properties Real Estate Investment has a news sentiment score of 0.86. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.43 average news sentiment score of Real Estate companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Allied Properties Real Estate Investment this week, compared to 0 articles on an average week.
Search Interest
8 people have searched for AP.UN on MarketBeat in the last 30 days. This is an increase of 60% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Allied Properties Real Estate Investment to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Allied Properties Real Estate Investment insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$56,988.00 in company stock and sold C$0.00 in company stock.
Percentage Held by Insiders
Only 1.63% of the stock of Allied Properties Real Estate Investment is held by insiders.
Percentage Held by Institutions
44.17% 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.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Allied Properties Real Estate Investment is 19.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.79.
Price to Earnings Ratio vs. Sector
The P/E ratio of Allied Properties Real Estate Investment is 19.54, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 169.05.
Price to Book Value per Share Ratio
Allied Properties Real Estate Investment has a P/B Ratio of 0.51. 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 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

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 29, 2023 | Legacy Research (Affiliate) (Ad)

"Prepare for Five Years of Famine"

Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast

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

March 29, 2023 | Investing Daily (Ad)

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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

October 2, 2022 | ca.finance.yahoo.com

3 REITs Offer a Good Mix of Growth Potential and Dividends

September 29, 2022 | uk.finance.yahoo.com

The Executive VP & COO of Allied Properties Real Estate Investment Trust (TSE:AP.UN), Thomas Burns, Just Bought 4.2% More Shares

September 19, 2022 | theglobeandmail.com

Allied Properties REIT: Top 25 Undervalued Toronto Stock Exchange Stocks (AP-UN)

September 16, 2022 | ca.finance.yahoo.com

Worried About a Housing-Induced Recession? Buy These 2 TSX REITs

September 1, 2022 | ca.finance.yahoo.com

Collect Passive Income With These 3 Monthly Paying REITs

August 4, 2022 | theglobeandmail.com

Allied Properties Real Estate Inv Trust stock gained on Wednesday.

July 30, 2022 | theglobeandmail.com

Allied Properties Real Estate Inv Trust stock advanced on Friday.

July 23, 2022 | theglobeandmail.com

Allied Properties Real Estate Inv Trust stock raised on Friday.

July 12, 2022 | msn.com

Income Investors: 2 Oversold REITs Offering 5% Yields

June 27, 2022 | finance.yahoo.com

Allied Releases Third Annual Environmental, Social and Governance Report

June 25, 2022 | theglobeandmail.com

Allied Properties Real Estate Inv Trust stock boosted on Friday.

May 17, 2022 | msn.com

2 Stable REITs for $177 in Monthly Income

May 9, 2022 | fool.ca

3 Undervalued REITs to Buy Today

April 28, 2022 | ca.finance.yahoo.com

2 Stocks to Counter Rising Home Prices

April 13, 2022 | ca.finance.yahoo.com

2 REITs That Could Give You $330 Cash Every Month

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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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$38.34
High Stock Price Forecast: C$48.00
Low Stock Price Forecast: C$33.75
Forecasted Upside/Downside: +59.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.80
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$1.23
Trailing P/E Ratio: 19.54
Forward P/E Ratio: 11.61
P/E Growth: N/A
Net Income: C$168.16 million
Net Margins: 70.61%
Pretax Margin: N/A
Return on Equity: 2.58%
Return on Assets: 1.45%

Debt

Debt-to-Equity Ratio: 61.34
Current Ratio: 2.20
Quick Ratio: 0.12

Sales & Book Value

Annual Sales: C$522.41 million
Price / Sales: 5.89
Cash Flow: C$0.09 per share
Price / Cash Flow: 271.33
Book Value: C$47.09 per share
Price / Book: 0.51

Miscellaneous

Outstanding Shares: 127,960,000
Free Float: N/A
Market Cap: C$3.08 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?: 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allied Properties Real Estate Investment in the last year. There are currently 1 hold rating and 4 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?: 5 brokers have issued 1 year price objectives for Allied Properties Real Estate Investment's stock. Their AP.UN share price forecasts range from C$33.75 to C$48.00. On average, they expect the company's share price to reach C$38.34 in the next year. This suggests a possible upside of 59.5% 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 the year. Since then, AP.UN shares have decreased by 6.1% and is now trading at C$24.04.
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 7.59%. 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 146.34%. 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$24.04.
How much money does Allied Properties Real Estate Investment make?: Allied Properties Real Estate Investment (TSE:AP.UN) has a market capitalization of C$3.08 billion and generates C$522.41 million in revenue each year. The real estate investment trust earns C$168.16 million in net income (profit) each year or C$1.23 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 3/29/2023 by MarketBeat.com Staff

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

Allied Properties Real Estate Investment MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

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

AP.UN Stock News Headlines

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

AP.UN Stock - Frequently Asked Questions

Overall MarketRank^™