TSE:BEI.UN

Boardwalk REIT Stock Forecast, Price & News

C$54.40

+0.18 (+0.33%)

(As of 01/27/2022 12:00 AM ET)

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Today's Range: C$53.91
▼
C$54.73
50-Day Range: C$52.59
▼
C$57.07
52-Week Range: C$34.13
▼
C$57.64

Volume: 144,487 shs
Average Volume: 116,849 shs
Market Capitalization: C$2.78 billion

P/E Ratio: 33.15
Dividend Yield: 1.85%
Beta: N/A

30 days | 90 days | 365 days | Advanced Chart

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About Boardwalk REIT

Boardwalk 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.

Boardwalk REIT (TSE:BEI.UN) Receives Consensus Rating of "Buy" from Brokerages
January 22, 2022 | americanbankingnews.com

Boardwalk REIT (TSE:BEI.UN) Sets New 1-Year High at $57.17
January 19, 2022 | americanbankingnews.com

Boardwalk REIT (TSE:BEI.UN) Stock Price Passes Above 200-Day Moving Average of $49.30
January 13, 2022 | americanbankingnews.com

1 Top Canadian Dividend Stock to Add for Yield and Growth
October 27, 2021 | msn.com

Boardwalk REIT: Mission Accomplished
August 15, 2021 | seekingalpha.com

Boardwalk REIT: The Value Play On Canadian Rental Apartments
August 13, 2021 | seekingalpha.com

Reconnaissance at 52-Week High on Reaction to Globe Story
June 22, 2021 | baystreet.ca

Value Investor Alert: Cheap Apartments for Sale!
June 21, 2021 | ca.finance.yahoo.com

Boardwalk REIT portfolio occupancy stays steady, rent collection improves
April 6, 2021 | seekingalpha.com

Boardwalk REIT Announces February 2021 Distribution
February 17, 2021 | markets.businessinsider.com

The highest yielding stocks on the TSX, plus risk data
November 4, 2020 | theglobeandmail.com

TSX REITs: Here’s What to Buy Today
August 24, 2020 | fool.ca

Boardwalk REIT Reports Second Quarter Funds From Operations Per Unit Growth of 4.4% (10.3% Excluding Retirement Costs)
August 13, 2020 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: REIT - Residential
Sub-Industry: N/A
Sector: Real Estate
Current Symbol: TSE:BEI.UN
Previous Symbol
CUSIP: N/A
CIK: N/A
Web: www.bwalk.com
Phone: +1-403-5319255
Fax: N/A
Employees: 1,700
Year Founded: N/A

Sales & Book Value

Annual Sales: C$468.35 million
Price / Sales: 5.93
Cash Flow: C$0.91 per share
Price / Cash Flow: 59.81
Book Value: C$67.80 per share
Price / Book: 0.80

Profitability

EPS (Most Recent Fiscal Year): N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 103.84
Current Ratio: 0.12
Quick Ratio: 0.08

Price-To-Earnings

Trailing P/E Ratio: 33.15
Forward P/E Ratio: N/A
P/E Growth: N/A

Miscellaneous

Outstanding Shares: 51,051,000
Free Float: N/A
Market Cap: C$2.78 billion
Optionable: Not Optionable

MarketRank^™

Overall MarketRank^™

1.91 out of 5 stars

3.3 Analyst's Opinion

Consensus Rating
Boardwalk REIT has received a consensus rating of Buy. The company's average rating score is 2.63, and is based on 3 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$60.71, Boardwalk REIT has a forecasted upside of 11.6% from its current price of C$54.40.
Amount of Analyst Coverage
Boardwalk REIT has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.3 Community Rank

Outperform Votes
Boardwalk REIT has received 227 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Boardwalk REIT has received 219 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Boardwalk REIT has received 50.90% “outperform” votes from our community.

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

1.7 Dividend Strength

Dividend Yield
Boardwalk REIT pays a meaningful dividend of 1.85%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Boardwalk REIT does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Boardwalk REIT is 60.99%. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Boardwalk REIT insiders have not sold or bought any company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Boardwalk REIT is 33.15, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.16.
Price to Earnings Ratio vs. Sector
The P/E ratio of Boardwalk REIT is 33.15, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 40.81.
Price to Book Value per Share Ratio
Boardwalk REIT has a P/B Ratio of 0.80. 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

Boardwalk REIT (TSE:BEI.UN) Frequently Asked Questions

Is Boardwalk REIT a buy right now?: 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Boardwalk REIT in the last year. There are currently 4 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Boardwalk REIT stock.
View analyst ratings for Boardwalk REIT or view top-rated stocks.
How has Boardwalk REIT's stock price been impacted by Coronavirus (COVID-19)?: Boardwalk REIT's stock was trading at C$34.78 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BEI.UN stock has increased by 56.4% and is now trading at C$54.40.
View which stocks have been most impacted by COVID-19.
Is Boardwalk REIT a good dividend stock?: Boardwalk REIT pays an annual dividend of C$1.00 per share and currently has a dividend yield of 1.85%. The dividend payout ratio of Boardwalk REIT is 60.99%. This payout ratio is at a healthy, sustainable level, below 75%.
View Boardwalk REIT's dividend history.
What price target have analysts set for BEI.UN?: 8 brokers have issued twelve-month price objectives for Boardwalk REIT's shares. Their forecasts range from C$56.00 to C$70.00. On average, they expect Boardwalk REIT's stock price to reach C$60.71 in the next twelve months. This suggests a possible upside of 11.6% from the stock's current price.
View analysts' price targets for Boardwalk REIT or view top-rated stocks among Wall Street analysts.
Who are Boardwalk REIT's key executives?: Boardwalk REIT's management team includes the following people:
Mr. Sam Kolias, Chairman & CEO (Age 57)
Mr. Roberto A. Geremia, Pres
Mr. William Wong, Chief Financial Officer
Mr. P. Dean Burns, VP, Gen. Counsel & Corp. Sec.
Ms. Elizabeth A. Russell, Sr. VP of Acquisitions & Corp. Devel. (Age 56)
Who are some of Boardwalk REIT's key competitors?: Some companies that are related to Boardwalk REIT include Canadian Apartment Properties REIT (CAR.UN), Northview Apartment REIT (NVU.UN), Killam Apartment REIT (KMP.UN), Interrent Real Estate Investment Trust (IIP.UN), Pure Multi-Family REIT (RUF.UN), Minto Apartment Real Estate Invt Trust (MI.UN), Pure Multi-Family REIT (RUF.UN), Morguard North American Residential REIT (MRG.UN), Empiric Student Property (ESP), Sigma Capital Group (SGM), KCR Residential REIT (KCR), CIVS SOCI / RED PREF (CSHC), First Real Estate Investment Trust of New Jersey (FREVS), Ingenia Communities Group (INA) and InterRent Real Estate Investment Trust (IBVA).
View all of BEI.UN's competitors.
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 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$54.40.
How much money does Boardwalk REIT make?: Boardwalk REIT has a market capitalization of C$2.78 billion and generates C$468.35 million in revenue each year.
How many employees does Boardwalk REIT have?: Boardwalk REIT employs 1,700 workers across the globe.
What is Boardwalk REIT's official website?: The official website for Boardwalk REIT is www.bwalk.com.
Where are Boardwalk REIT's headquarters?: Boardwalk REIT is headquartered at 200-1501 1 St SW, CALGARY, AB T2R 0W1, Canada.
How can I contact Boardwalk REIT?: Boardwalk REIT's mailing address is 200-1501 1 St SW, CALGARY, AB T2R 0W1, Canada. The real estate investment trust can be reached via phone at +1-403-5319255.

This page was last updated on 1/28/2022 by MarketBeat.com Staff

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Boardwalk REIT Stock Forecast, Price & News

About Boardwalk REIT

Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous

MarketRank™

Overall MarketRank™

3.3 Analyst's Opinion

3.3 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment

1.7 Dividend Strength

0.0 Company Ownership

1.3 Earnings and Valuation

Boardwalk REIT (TSE:BEI.UN) Frequently Asked Questions

Is Boardwalk REIT a buy right now?

How has Boardwalk REIT's stock price been impacted by Coronavirus (COVID-19)?

Is Boardwalk REIT a good dividend stock?

What price target have analysts set for BEI.UN?

Who are Boardwalk REIT's key executives?

Who are some of Boardwalk REIT's key competitors?

What is Boardwalk REIT's stock symbol?

How do I buy shares of Boardwalk REIT?

What is Boardwalk REIT's stock price today?

How much money does Boardwalk REIT make?

How many employees does Boardwalk REIT have?

What is Boardwalk REIT's official website?

Where are Boardwalk REIT's headquarters?

How can I contact Boardwalk REIT?

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