TSE:BEI.UN

Boardwalk REIT Stock Forecast, Price & News

C$37.80

+0.39 (+1.04 %)

(As of 03/5/2021 12:00 AM ET)

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Today's Range

C$36.72

Now: C$37.80▼

C$37.89

50-Day Range

C$34.51

MA: C$35.77▼

C$38.35

52-Week Range

C$15.80

Now: C$37.80▼

C$47.35

Volume160,694 shs

Average Volume144,438 shs

Market CapitalizationC$1.93 billion

P/E RatioN/A

Dividend Yield2.68%

BetaN/A

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.

Headlines

Boardwalk REIT Reports Strong Results Through 2020 With Funds From Operation Per Unit Growth of 6.6%
February 25, 2021 | prnewswire.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

Boardwalk REIT (TSX:BEI.UN): How to Buy Apartments at 60% Off
April 10, 2020 | www.msn.com

Boardwalk Thanks Its Team of Heroes for Ensuring Safe Homes for All Its Resident Members and Provides an Update to Its Stakeholders
March 24, 2020 | finance.yahoo.com

Wednesday’s TSX breakouts: The collapse in oil takes this apartment REIT into oversold territory
March 11, 2020 | www.theglobeandmail.com

Boardwalk REIT Announces February 2020 Distribution
February 20, 2020 | finance.yahoo.com

Boardwalk REIT Announces Second Quarter 2018 Financial Results
December 23, 2019 | www.bloomberg.com

Boardwalk REIT Announces First Quarter 2018 Financial Results
December 11, 2019 | www.bloomberg.com

Alacer, Boardwalk REIT, Boralex at 52-Week Highs
November 29, 2019 | www.baystreet.ca

Alaris, Boardwalk REIT, Brookfield at 52-Week Highs
November 26, 2019 | www.baystreet.ca

Boardwalk REIT Reports Continued Strong...
November 14, 2019 | www.benzinga.com

3 Dividend REITs With New Money-Making Partnerships
October 24, 2019 | www.fool.ca

Boardwalk REIT Reports Second Quarter Funds from Operation Per Unit Growth of 13.3% and Increases 2019 Financial Guidance
August 14, 2019 | www.benzinga.com

Boardwalk REIT Reports FFO Per Unit Growth of 16.7%
May 15, 2019 | www.benzinga.com

Boardwalk REIT announces timing of release of its 2019 first quarter financial results
April 1, 2019 | finance.yahoo.com

Will You Buy This Turnaround REIT for Attractive Upside?
February 25, 2019 | www.fool.ca

See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE

Industry REIT - Residential

Sub-IndustryN/A

SectorReal Estate

Current SymbolTSE:BEI.UN

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.bwalk.com

Phone+1-403-5319255

Employees1,700

Year FoundedN/A

Debt

Debt-to-Equity Ratio109.61

Current Ratio0.16

Quick Ratio0.12

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesC$465.57 million

Price / Sales4.14

Cash FlowC$1.88 per share

Price / Cash Flow20.08

Book ValueC$66.09 per share

Price / Book0.57

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares51,024,000

Market CapC$1.93 billion

Next Earnings DateN/A

OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

0.93 out of 5 stars

1.5 Analyst's Opinion

Consensus Rating
Boardwalk REIT has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$41.05, Boardwalk REIT has a forecasted upside of 8.6% from its current price of C$37.80.
Amount of Analyst Coverage
Boardwalk REIT has only been the subject of 4 research reports in the past 90 days.

1.7 Community Rank

Outperform Votes
Boardwalk REIT has received 216 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Boardwalk REIT has received 405 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Boardwalk REIT has received 65.22% “underperform” 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.

0.8 Dividend Strength

Dividend Yield
Boardwalk REIT pays a meaningful dividend of 2.68%, 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.

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.

0.6 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Boardwalk REIT is -8.93, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Boardwalk REIT is -8.93, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Boardwalk REIT has a P/B Ratio of 0.57. 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

C$37.80

+0.39 (+1.04 %)

(As of 03/5/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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

Is Boardwalk REIT a buy right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Boardwalk REIT in the last twelve months. There are currently 5 buy ratings 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.

What stocks does MarketBeat like better than Boardwalk REIT?

Wall Street analysts have given Boardwalk REIT a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Boardwalk REIT wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

How has Boardwalk REIT's stock been impacted by COVID-19?

Boardwalk REIT's stock was trading at C$34.78 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, BEI.UN stock has increased by 8.7% and is now trading at C$37.80.
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 2.68%.
View Boardwalk REIT's dividend history.

What price target have analysts set for BEI.UN?

5 brokers have issued 1-year target prices for Boardwalk REIT's shares. Their forecasts range from C$34.00 to C$48.00. On average, they anticipate Boardwalk REIT's share price to reach C$41.05 in the next year. This suggests a possible upside of 8.6% 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 Northview Apartment REIT (NVU.UN), Interrent Real Estate Investment Trust (IIP.UN), Killam Apartment REIT (KMP.UN), Pure Multi-Family REIT (RUF.UN), Minto Apartment Real Estate Invt Trust (MI.UN), Morguard North American Residential REIT (MRG.UN), Empiric Student Property (ESP), Sigma Capital Group plc (SGM.L) (SGM), KCR Residential REIT (KCR), CIVS SOCI / RED PREF (CSHC), First Real Estate Investment Trust of New Jersey (FREVS), Ingenia Communities Group (INA), InterRent Real Estate Investment Trust (IBVA.F) (IBVA), Pure Multi-Family REIT (RUF.UN) and Pure Multi-Family REIT (PMULF).
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$37.80.

How much money does Boardwalk REIT make?

Boardwalk REIT has a market capitalization of C$1.93 billion and generates C$465.57 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 3/6/2021 by MarketBeat.com Staff

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