Automotive Properties Real Est Invt TR (APR.UN) Stock Price, News & Analysis

Company Overview

Automotive Properties Real Estate Investment Trust is an unincorporated open-ended real estate investment trust focused on investing in high-quality Canadian automotive properties tenanted by automotive dealership groups and automotive brands ranging from mass-market to ultra-luxury. The company holds a portfolio of best-in-class properties located in strategic Canadian urban markets across Ontario, British Columbia, Alberta, Saskatchewan, Manitoba, and Quebec. The primary objectives of the REIT are to provide Unitholders with stable, sustainable and growing cash distributions, and to enhance and expand the REIT's asset portfolio to maximize Unitholder value.

Key Stats

• Today's Range: C$11.05 to C$11.21
• 50-Day Range: C$11.08 to C$11.89
• 52-Week Range: C$9.04 to C$12.78
• Volume: 410,665 shs
• Average Volume: 23,529 shs
• Market Capitalization: C$544.22 million
• P/E Ratio: 15.79
• Dividend Yield: 7.26%
• Price Target: C$12.38
• Consensus Rating: Moderate Buy

Automotive Properties Real Est Invt TR Stock Analysis - MarketRank™

Automotive Properties Real Est Invt TR scored higher than 56% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.7 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Automotive Properties Real Est Invt TR has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.

Upside Potential

Automotive Properties Real Est Invt TR has a consensus price target of C$12.38, representing about 11.7% upside from its current price of C$11.08.

Amount of Analyst Coverage

Automotive Properties Real Est Invt TR has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Automotive Properties Real Est Invt TR is 15.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 233.44.

Price to Earnings Ratio vs. Sector

The P/E ratio of Automotive Properties Real Est Invt TR is 15.79, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 276.62.

Price to Book Value per Share Ratio

Automotive Properties Real Est Invt TR has a P/B Ratio of 0.81. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for APR.UN.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Automotive Properties Real Est Invt TR is a leading dividend payer. It pays a dividend yield of 7.03%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Automotive Properties Real Est Invt TR does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Automotive Properties Real Est Invt TR is 114.54%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for APR.UN.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.67

News Sentiment

Automotive Properties Real Est Invt TR has a news sentiment score of 0.67. 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 0.57 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Automotive Properties Real Est Invt TR this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Automotive Properties Real Est Invt TR insiders have not sold or bought any company stock.

Percentage Held by Insiders

33.14% of the stock of Automotive Properties Real Est Invt TR is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 2.18% of the stock of Automotive Properties Real Est Invt TR is held by institutions.

APR.UN Stock Analysis - Frequently Asked Questions

How have APR.UN shares performed this year?

Automotive Properties Real Est Invt TR's stock was trading at C$10.89 at the start of the year. Since then, APR.UN stock has increased by 1.7% and is now trading at C$11.08.

How do I buy shares of Automotive Properties Real Est Invt TR?

Shares of APR.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.

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Real Estate
• Industry: REIT - Diversified
• Sub-Industry: N/A
• Current Symbol: TSE:APR.UN
• CIK: N/A
• Web: www.automotivepropertiesreit.ca
• Phone: +1-647-7892440
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Automotive Properties Real Est Invt TR: C$12.38
• High Price Target: C$13.00
• Low Price Target: C$10.75
• Potential Upside/Downside: +11.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): C$0.70
• Trailing P/E Ratio: 15.77
• Forward P/E Ratio: 10.92
• P/E Growth: N/A
• Net Income: C$71.32 million
• Net Margins: 76.20%
• Pretax Margin: N/A
• Return on Equity: 11.73%
• Return on Assets: 3.78%

Debt

• Debt-to-Equity Ratio: 78.62
• Current Ratio: 2.24
• Quick Ratio: 0.02

Sales & Book Value

• Annual Sales: C$95.45 million
• Price / Sales: 5.70
• Cash Flow: C$0.01 per share
• Price / Cash Flow: 1,598.57
• Book Value: C$13.72 per share
• Price / Book: 0.81

Miscellaneous

• Outstanding Shares: 49,117,000
• Free Float: N/A
• Market Cap: C$543.73 million
• Optionable: Not Optionable
• Beta: 0.09