TSE:BEI.UN Boardwalk REIT (BEI.UN) Stock Forecast, Price & News C$61.50 +0.73 (+1.20%) (As of 06/2/2023 ET) Add Compare Share Share Today's RangeC$60.80▼C$61.6050-Day RangeC$53.61▼C$63.5952-Week RangeC$41.12▼C$64.46Volume94,793 shsAverage Volume110,914 shsMarket CapitalizationC$2.81 billionP/E Ratio7.18Dividend Yield1.90%Price TargetC$66.64 ProfileProfileAnalyst RatingsChartCompetitorsInsider TradesHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsInsider TradesHeadlinesSocial Media Boardwalk REIT MarketRank™ ForecastAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside8.4% UpsideC$66.64 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.1.48 out of 5 stars 1.4 Analyst's Opinion Consensus RatingBoardwalk REIT 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/DownsideAccording to analysts' consensus price target of C$66.64, Boardwalk REIT has a forecasted upside of 8.4% from its current price of C$61.50.Amount of Analyst CoverageBoardwalk REIT has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for BEI.UN. Previous Next 1.7 Dividend Strength Dividend YieldBoardwalk REIT pays a meaningful dividend of 1.97%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthBoardwalk REIT does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Boardwalk REIT is 13.67%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BEI.UN. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Boardwalk REIT this week, compared to 0 articles on an average week.MarketBeat Follows1 people have added Boardwalk REIT to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Boardwalk REIT insiders have not sold or bought any company stock.Percentage Held by Insiders19.15% of the stock of Boardwalk REIT is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions40.93% of the stock of Boardwalk REIT 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 Boardwalk REIT is 7.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.50.Price to Earnings Ratio vs. SectorThe P/E ratio of Boardwalk REIT is 7.18, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 154.73.Price to Earnings Growth RatioBoardwalk REIT has a PEG Ratio of 1.24. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioBoardwalk REIT has a P/B Ratio of 0.77. 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 Boardwalk REIT (TSE:BEI.UN) StockBoardwalk REIT strives to be Canada's friendliest communities and currently owns and operates more than 200 communities with over 33,000 residential units totaling over 28 million net rentable square feet. Boardwalk's principal objectives are to provide its Residents with the best quality communities and superior customer service, while providing Unitholders with sustainable monthly cash distributions, and increase the value of its trust units through selective acquisitions, dispositions, development, and effective management of its residential multi-family communities. Boardwalk REIT is vertically integrated and is Canada's leading owner/operator of multi-family communities bringing Residents home to properties located in Alberta, Saskatchewan, Ontario, and Quebec. Boardwalk REIT's Trust units are listed on the Toronto Stock Exchange, trading under the symbol BEI.UN.Read More Receive BEI.UN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Boardwalk REIT and its competitors with MarketBeat's FREE daily newsletter. Email Address BEI.UN Stock News HeadlinesMay 31, 2023 | msn.comBoardwalk: U.S. Residential REITs Are More CompellingMay 18, 2023 | americanbankingnews.comBoardwalk REIT (TSE:BEI.UN) PT Raised to C$70.00June 3, 2023 | Behind the Markets (Ad)NOTICE: Your retirement is in immediate dangerSoon you may be forced to spend your afternoons packing grocery bags at Walmart instead of going to the park with your grandchildren. Why? Because not only could your money be worth even less than it already is now, but certain stocks and cryptocurrencies could drop by 80%. Even your social security check could be worth 21% less! Learn how to protect your retirement here >>>May 12, 2023 | baystreet.caAtlas, Boardwalk REIT, Cascades at 52-Week HighsMay 9, 2023 | finance.yahoo.comBOARDWALK REIT REPORTS STRONG RESULTS FOR Q1 2023 WITH HIGHEST SAME PROPERTY NET OPERATING INCOME GROWTH SINCE 2007April 20, 2023 | americanbankingnews.comBoardwalk REIT (TSE:BEI.UN) PT Raised to C$74.00April 13, 2023 | msn.comThe Best Stocks to Invest $50,000 Right NowApril 13, 2023 | msn.com2 Affordable Passive-Income Stocks That Pay MonthlyJune 3, 2023 | Behind the Markets (Ad)NOTICE: Your retirement is in immediate dangerSoon you may be forced to spend your afternoons packing grocery bags at Walmart instead of going to the park with your grandchildren. Why? Because not only could your money be worth even less than it already is now, but certain stocks and cryptocurrencies could drop by 80%. Even your social security check could be worth 21% less! Learn how to protect your retirement here >>>April 11, 2023 | theglobeandmail.comClosing Bell: Boardwalk Real Estate Investment Trust up on Monday (BEI-UN)April 9, 2023 | americanbankingnews.comBoardwalk REIT (TSE:BEI.UN) Stock Price Crosses Above Two Hundred Day Moving Average of $51.85April 7, 2023 | theglobeandmail.comClosing Bell: Boardwalk Real Estate Investment Trust up on Thursday (BEI-UN)March 24, 2023 | travel.usnews.comBarbados BoardwalkMarch 24, 2023 | travel.usnews.comAtlantic City BoardwalkMarch 1, 2023 | benzinga.comRBC Capital Maintains Outperform on Boardwalk REIT, Raises Price Target to C$69February 26, 2023 | seekingalpha.comBoardwalk REIT reports Q4 results; initiates FY23 outlookFebruary 24, 2023 | msn.comThe Best Summer Fun At The Wildwood New Jersey BoardwalkFebruary 23, 2023 | nj.comLongtime St. Patrick’s Day parade coming back to N.J. boardwalk, but it’ll be smallerNovember 10, 2022 | seekingalpha.comBoardwalk: Navigating Higher Rate ChallengesJuly 26, 2022 | seekingalpha.com2 REITs That Will SoarJuly 6, 2022 | finance.yahoo.comBOARDWALK REIT PROVIDES OPERATIONAL UPDATE AND ANNOUNCES TIMING OF RELEASE OF ITS 2022 SECOND QUARTER FINANCIAL RESULTSJuly 5, 2022 | seekingalpha.comBoardwalk: 4 Reasons To Consider A BuyJune 21, 2022 | ca.finance.yahoo.comBOARDWALK WINS FOUR AWARDS AT THE 2022 ANNUAL CALGARY RESIDENTIAL RENTAL ASSOCIATION AWARDSMay 18, 2022 | theglobeandmail.comWednesday’s Insider Report: CEO invests $1.3 million in 2022′s top-performing TSX stockFebruary 18, 2022 | ca.finance.yahoo.comBOARDWALK REIT ANNOUNCES FEBRUARY 2022 DISTRIBUTIONNovember 18, 2021 | prnewswire.comBoardwalk REIT Announces Normal Course Issuer BidOctober 27, 2021 | msn.com1 Top Canadian Dividend Stock to Add for Yield and GrowthSee More Headlines BEI.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 - Residential Sub-IndustryN/A SectorReal Estate Current SymbolTSE:BEI.UN CUSIPN/A CIKN/A Webwww.bwalk.com Phone+1-403-5319255FaxN/AEmployees1,700Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$66.64 High Stock Price ForecastC$74.00 Low Stock Price ForecastC$56.00 Forecasted Upside/Downside+8.4%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)C$8.56 Trailing P/E Ratio7.18 Forward P/E Ratio19.57 P/E Growth1.24Net IncomeC$435.06 million Net Margins85.84% Pretax MarginN/A Return on Equity12.47% Return on Assets2.24% Debt Debt-to-Equity Ratio96.25 Current Ratio0.15 Quick Ratio0.04 Sales & Book Value Annual SalesC$506.81 million Price / Sales5.55 Cash FlowC$0.57 per share Price / Cash Flow106.99 Book ValueC$80.39 per share Price / Book0.77Miscellaneous Outstanding Shares45,720,000Free FloatN/AMarket CapC$2.81 billion OptionableNot Optionable Beta1.71 Key ExecutivesMr. Sam Kolias (Age 57)Chairman & CEO Mr. Roberto A. GeremiaPresMr. William WongChief Financial OfficerMr. P. Dean BurnsVP, Gen. Counsel & Corp. Sec.Ms. Elizabeth A. Russell (Age 56)Sr. VP of Acquisitions & Corp. Devel. Key CompetitorsNorthview Apartment REITTSE:NVU.UNKillam Apartment REITTSE:KMP.UNInterrent Real Estate Investment TrustTSE:IIP.UNPure Multi-Family REITTSE:RUF.UNCanadian Apartment Properties REITTSE:CAR.UNView All Competitors BEI.UN Stock - Frequently Asked Questions Should I buy or sell Boardwalk REIT stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Boardwalk REIT in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" BEI.UN shares. View BEI.UN analyst ratings or view top-rated stocks. What is Boardwalk REIT's stock price forecast for 2023? 5 analysts have issued 12-month price targets for Boardwalk REIT's shares. Their BEI.UN share price forecasts range from C$56.00 to C$74.00. On average, they expect the company's share price to reach C$66.64 in the next year. This suggests a possible upside of 8.4% from the stock's current price. View analysts price targets for BEI.UN or view top-rated stocks among Wall Street analysts. How have BEI.UN shares performed in 2023? Boardwalk REIT's stock was trading at C$49.43 on January 1st, 2023. Since then, BEI.UN shares have increased by 24.4% and is now trading at C$61.50. View the best growth stocks for 2023 here. Is Boardwalk REIT a good dividend stock? Boardwalk REIT (TSE:BEI.UN) pays an annual dividend of C$1.17 per share and currently has a dividend yield of 1.97%. The dividend payout ratio is 13.67%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for BEI.UN. What is Boardwalk REIT's stock symbol? Boardwalk REIT trades on the Toronto Stock Exchange (TSX) under the ticker symbol "BEI.UN." How do I buy shares of Boardwalk REIT? 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.Compare Top Brokerages Here. What is Boardwalk REIT's stock price today? One share of BEI.UN stock can currently be purchased for approximately C$61.50. How much money does Boardwalk REIT make? Boardwalk REIT (TSE:BEI.UN) has a market capitalization of C$2.81 billion and generates C$506.81 million in revenue each year. The real estate investment trust earns C$435.06 million in net income (profit) each year or C$8.56 on an earnings per share basis. How many employees does Boardwalk REIT have? The company employs 1,700 workers across the globe. How can I contact Boardwalk REIT? Boardwalk REIT's mailing address is 200-1501 1 St SW, CALGARY, AB T2R 0W1, Canada. The official website for the company is www.bwalk.com. The real estate investment trust can be reached via phone at +1-403-5319255. This page (TSE:BEI.UN) was last updated on 6/3/2023 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 Boardwalk REIT 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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