Boardwalk Real Estate Investment Trust (BEI.UN) Stock Price, News & Analysis

Company Overview

Boardwalk Real Estate Investment Trust, or Boardwalk REIT, is a real estate investment trust engaged in the acquisition, development, and management of residential multifamily communities throughout Canada. Although the company's cumulative residential property portfolio includes holdings in the provinces of Alberta, Saskatchewan, Ontario, and Quebec, the majority of its total units are located in Alberta. The submarkets around the cities of Calgary and Edmonton, specifically, account for the majority of Boardwalk REIT's total residential suites. The company derives substantially all of its income in the form of rental revenue from leasing its properties to tenants under short-term agreements. Boardwalk REIT's assets in Alberta contribute the majority of this revenue.

Key Stats

• Today's Range: C$68.60 to C$70.36
• 50-Day Range: C$63.94 to C$70.55
• 52-Week Range: C$59.10 to C$91.81
• Volume: 55,551 shs
• Average Volume: 125,343 shs
• Market Capitalization: C$3.43 billion
• P/E Ratio: 5.15
• Dividend Yield: 2.07%
• Price Target: C$80.64
• Consensus Rating: Hold

Boardwalk Real Estate Investment Trust Stock Analysis - MarketRank™

Boardwalk Real Estate Investment Trust scored higher than 45% 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: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Boardwalk Real Estate Investment Trust has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 3 buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Boardwalk Real Estate Investment Trust has only been the subject of 3 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 Boardwalk Real Estate Investment Trust is 5.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.22.

Price to Earnings Ratio vs. Sector

The P/E ratio of Boardwalk Real Estate Investment Trust is 5.15, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 10.41.

Price to Earnings Growth Ratio

Boardwalk Real Estate Investment Trust has a PEG Ratio of 1.24. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Boardwalk Real Estate Investment Trust has a P/B Ratio of 0.72. 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 BEI.UN.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Boardwalk Real Estate Investment Trust pays a meaningful dividend of 1.83%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Boardwalk Real Estate Investment Trust does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Boardwalk Real Estate Investment Trust is 10.66%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

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

Short Interest

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

News and Social Media

• Score: 2.5 / 5
• News Sentiment: N/A

News Sentiment

Boardwalk Real Estate Investment Trust has a news sentiment score of 1.50. 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 0.75 average news sentiment score of Real Estate companies.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Boardwalk Real Estate Investment Trust insiders have not sold or bought any company stock.

Percentage Held by Insiders

17.92% of the stock of Boardwalk Real Estate Investment Trust is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 39.67% of the stock of Boardwalk Real Estate Investment Trust is held by institutions.

BEI.UN Stock Analysis - Frequently Asked Questions

How have BEI.UN shares performed this year?

Boardwalk Real Estate Investment Trust's stock was trading at C$64.25 on January 1st, 2025. Since then, BEI.UN shares have increased by 8.2% and is now trading at C$69.53.
View the best growth stocks for 2025 here.

How do I buy shares of Boardwalk Real Estate Investment Trust?

Shares of BEI.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.

Company Calendar

• Ex-Dividend for 5/15 Dividend: 4/30/2025
• Record date for 5/15 Dividend: 5/15/2025
• Dividend Payable: 5/15/2025
• Ex-Dividend for 6/16 Dividend: 5/30/2025
• Record date for 6/16 Dividend: 6/16/2025
• Dividend Payable: 6/16/2025
• Today: 7/02/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Real Estate
• Industry: REIT - Residential
• Sub-Industry: N/A
• Current Symbol: TSE:BEI.UN
• CIK: N/A
• Web: www.bwalk.com
• Phone: +1-403-5319255
• Fax: N/A
• Employees: 1,558
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$80.64
• High Stock Price Target: C$90.00
• Low Stock Price Target: C$72.00
• Potential Upside/Downside: +16.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.43
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): C$13.51
• Trailing P/E Ratio: 5.15
• Forward P/E Ratio: 15.61
• P/E Growth: 1.24
• Net Income: C$679.42 million
• Net Margins: 118.55%
• Pretax Margin: N/A
• Return on Equity: 15.71%
• Return on Assets: 2.31%

Debt

• Debt-to-Equity Ratio: 77.35
• Current Ratio: 0.23
• Quick Ratio: 0.04

Sales & Book Value

• Annual Sales: C$573.10 million
• Price / Sales: 5.99
• Cash Flow: C$0.65 per share
• Price / Cash Flow: 106.99
• Book Value: C$96.25 per share
• Price / Book: 0.72

Miscellaneous

• Outstanding Shares: 49,400,000
• Free Float: N/A
• Market Cap: C$3.43 billion
• Optionable: Not Optionable
• Beta: 1.76