TSE:AP.UNAllied Properties Real Estate Investment Stock Price, Forecast & News

C$40.00

+2.19 (+5.79 %)

(As of 06/3/2020 04:00 PM ET)

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Today's Range

C$37.88

Now: C$40.00▼

C$40.18

50-Day Range

C$38.82

MA: C$42.03▼

C$45.61

52-Week Range

C$31.49

Now: C$40.00▼

C$60.14

Volume1.07 million shs

Average Volume139,864 shs

Market CapitalizationC$4.92 billion

P/E Ratio6.33

Dividend Yield4.04%

BetaN/A

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.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
Allied Properties Real Estate Investment has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$52.56, Allied Properties Real Estate Investment has a potential upside of 31.4% from its current price of C$40.00.
Amount of Analyst Coverage
Allied Properties Real Estate Investment has only been the subject of 4 research reports in the past 90 days.

3.1 Community Rank

Outperform Votes
Allied Properties Real Estate Investment has received 445 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Allied Properties Real Estate Investment has received 284 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Allied Properties Real Estate Investment has received 61.04% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Allied Properties Real Estate Investment and other stocks. Vote “Outperform” if you believe AP.UN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe AP.UN will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
Allied Properties Real Estate Investment is a leading dividend payer. It pays a dividend yield of 4.04%, 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 26.10 %. This payout ratio is at a healthy, sustainable level, below 75%.

3.0 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$131,191.00 in company stock and sold C$0.00 in company stock.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Allied Properties Real Estate Investment are expected to decrease by -100.00% in the coming year, from C$4.03 to C$0.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Allied Properties Real Estate Investment is 6.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.10.
Price to Earnings Ratio vs. Sector
The P/E ratio of Allied Properties Real Estate Investment is 6.33, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 10.36.
Price to Book Value per Share Ratio
Allied Properties Real Estate Investment has a P/B Ratio of 0.83. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.76 out of 5 stars

Industry, Sector and Symbol

Stock Exchange TSE

Industry REIT - Office

Sub-IndustryN/A

SectorReal Estate

Current SymbolTSE:AP.UN

Previous Symbol

CUSIPN/A

CIKN/A

Weballiedreit.com

Phone+1-416-9779002

Debt

Debt-to-Equity Ratio43.02

Current Ratio0.49

Quick Ratio0.29

Price-To-Earnings

Trailing P/E Ratio6.33

Forward P/E Ratio9.93

P/E GrowthN/A

Sales & Book Value

Annual SalesC$541.55 million

Price / Sales9.09

Cash FlowC$0.16 per share

Price / Cash Flow253.69

Book ValueC$48.17 per share

Price / Book0.83

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding Shares123,113,000

Market CapC$4.92 billion

Next Earnings DateN/A

OptionableNot Optionable

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Allied Properties Real Estate Investment (TSE:AP.UN) Frequently Asked Questions

How has Allied Properties Real Estate Investment's stock been impacted by COVID-19 (Coronavirus)?

Allied Properties Real Estate Investment's stock was trading at C$51.66 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, AP.UN stock has decreased by 22.6% and is now trading at C$40.00. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Allied Properties Real Estate Investment?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allied Properties Real Estate Investment in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Allied Properties Real Estate Investment.

How often does Allied Properties Real Estate Investment pay dividends? What is the dividend yield for Allied Properties Real Estate Investment?

Allied Properties Real Estate Investment declared a monthly dividend on Wednesday, April 29th. Shareholders of record on Friday, May 15th will be given a dividend of 0.1375 per share on Friday, May 15th. This represents a $1.65 dividend on an annualized basis and a dividend yield of 4.13%. The ex-dividend date of this dividend is Wednesday, April 29th. View Allied Properties Real Estate Investment's dividend history.

What price target have analysts set for AP.UN?

5 equities research analysts have issued twelve-month price objectives for Allied Properties Real Estate Investment's shares. Their forecasts range from C$45.00 to C$60.00. On average, they expect Allied Properties Real Estate Investment's stock price to reach C$52.56 in the next twelve months. This suggests a possible upside of 31.4% from the stock's current price. View analysts' price targets for Allied Properties Real Estate Investment.

Has Allied Properties Real Estate Investment been receiving favorable news coverage?

News stories about AP.UN stock have been trending very negative this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Allied Properties Real Estate Investment earned a news sentiment score of -3.1 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next several days. View the latest news aboutAllied Properties Real Estate Investment.

Who are some of Allied Properties Real Estate Investment's key competitors?

Some companies that are related to Allied Properties Real Estate Investment include Mirvac Group (MGR), Land Securities Group (LAND), Investa Office Fund (IOF), Dream Global REIT (DRG.UN), alstria office REIT (AOX), Cromwell Group (CMW), Workspace Group (WKP), Dream Office Real Estate Investment Trst (D.UN), Franklin Street Properties (FSP), Franklin Street Properties (FSP), GDI Property Group (GDI), APN Industria REIT (ADI), Australian Unity Office Fund (AOF), Slate Office REIT (SOT.UN) and Asia Pacific Data Centre Group (AJD). View all competitors.

Who are Allied Properties Real Estate Investment's key executives?

Allied Properties Real Estate Investment's management team includes the following people:

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

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 and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

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

One share of AP.UN stock can currently be purchased for approximately C$40.00.

How big of a company is Allied Properties Real Estate Investment?

Allied Properties Real Estate Investment has a market capitalization of C$4.92 billion and generates C$541.55 million in revenue each year.

What is Allied Properties Real Estate Investment's official website?

The official website for Allied Properties Real Estate Investment is alliedreit.com.

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 real estate investment trust can be reached via phone at +1-416-9779002.

This page was last updated on 6/3/2020 by MarketBeat.com Staff