TSE:BEI.UN

Boardwalk REIT - BEI.UN Stock Forecast, Price & News

C$53.77

-0.90 (-1.65%)

(As of 03/22/2023 11:56 AM ET)

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Today's Range: C$53.65
▼
C$54.41
50-Day Range: C$51.05
▼
C$60.07
52-Week Range: C$41.12
▼
C$60.67

Volume: 26,563 shs
Average Volume: 130,356 shs
Market Capitalization: C$2.46 billion

P/E Ratio: 10.40
Dividend Yield: 2.18%
Price Target: C$64.93

About Boardwalk REIT (TSE:BEI.UN) Stock

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.

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BEI.UN Stock News Headlines

March 1, 2023 | benzinga.com

RBC Capital Maintains Outperform on Boardwalk REIT, Raises Price Target to C$69

February 26, 2023 | seekingalpha.com

Boardwalk REIT reports Q4 results; initiates FY23 outlook

March 22, 2023 | Weiss Ratings (Ad)

Bank Accounts: Frozen!

In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!

February 24, 2023 | msn.com

The Best Summer Fun At The Wildwood New Jersey Boardwalk

November 10, 2022 | seekingalpha.com

Boardwalk: Navigating Higher Rate Challenges

July 26, 2022 | seekingalpha.com

2 REITs That Will Soar

July 6, 2022 | finance.yahoo.com

BOARDWALK REIT PROVIDES OPERATIONAL UPDATE AND ANNOUNCES TIMING OF RELEASE OF ITS 2022 SECOND QUARTER FINANCIAL RESULTS

July 5, 2022 | seekingalpha.com

Boardwalk: 4 Reasons To Consider A Buy

March 22, 2023 | Weiss Ratings (Ad)

Bank Accounts: Frozen!

June 21, 2022 | ca.finance.yahoo.com

BOARDWALK WINS FOUR AWARDS AT THE 2022 ANNUAL CALGARY RESIDENTIAL RENTAL ASSOCIATION AWARDS

May 18, 2022 | theglobeandmail.com

Wednesday’s Insider Report: CEO invests $1.3 million in 2022′s top-performing TSX stock

February 18, 2022 | ca.finance.yahoo.com

BOARDWALK REIT ANNOUNCES FEBRUARY 2022 DISTRIBUTION

October 27, 2021 | msn.com

1 Top Canadian Dividend Stock to Add for Yield and Growth

August 15, 2021 | seekingalpha.com

Boardwalk REIT: Mission Accomplished

August 13, 2021 | seekingalpha.com

Boardwalk REIT: The Value Play On Canadian Rental Apartments

June 22, 2021 | baystreet.ca

Reconnaissance at 52-Week High on Reaction to Globe Story

June 21, 2021 | ca.finance.yahoo.com

Value Investor Alert: Cheap Apartments for Sale!

April 6, 2021 | seekingalpha.com

Boardwalk REIT portfolio occupancy stays steady, rent collection improves

February 17, 2021 | markets.businessinsider.com

Boardwalk REIT Announces February 2021 Distribution

November 4, 2020 | theglobeandmail.com

The highest yielding stocks on the TSX, plus risk data

August 24, 2020 | fool.ca

TSX REITs: Here’s What to Buy Today

August 13, 2020 | finance.yahoo.com

Boardwalk REIT Reports Second Quarter Funds From Operations Per Unit Growth of 4.4% (10.3% Excluding Retirement Costs)

April 10, 2020 | www.msn.com

Boardwalk REIT (TSX:BEI.UN): How to Buy Apartments at 60% Off

March 24, 2020 | finance.yahoo.com

Boardwalk Thanks Its Team of Heroes for Ensuring Safe Homes for All Its Resident Members and Provides an Update to Its Stakeholders

March 11, 2020 | www.theglobeandmail.com

Wednesday’s TSX breakouts: The collapse in oil takes this apartment REIT into oversold territory

February 20, 2020 | finance.yahoo.com

Boardwalk REIT Announces February 2020 Distribution

February 20, 2020 | ca.finance.yahoo.com

OAS Clawback: 2 Cunning Ways to Avoid the 15% OAS Tax

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30 days | 90 days | 365 days | Advanced Chart

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Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast: C$64.93
High Stock Price Forecast: C$69.00
Low Stock Price Forecast: C$56.00
Forecasted Upside/Downside: +20.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.80
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$5.17
Trailing P/E Ratio: 10.41
Forward P/E Ratio: 16.71
P/E Growth: 1.24
Net Income: C$283.10 million
Net Margins: 57.24%
Pretax Margin: N/A
Return on Equity: 8.43%
Return on Assets: 2.22%

Debt

Debt-to-Equity Ratio: 101.41
Current Ratio: 0.15
Quick Ratio: 0.04

Sales & Book Value

Annual Sales: C$494.56 million
Price / Sales: 4.98
Cash Flow: C$0.50 per share
Price / Cash Flow: 106.99
Book Value: C$75.83 per share
Price / Book: 0.71

Miscellaneous

Outstanding Shares: 45,720,000
Free Float: N/A
Market Cap: C$2.46 billion
Optionable: Not Optionable
Beta: 1.70

Key Executives

Mr. Sam Kolias (Age 57)
Chairman & CEO

Mr. Roberto A. Geremia
Pres

Mr. William Wong
Chief Financial Officer

Mr. P. Dean Burns
VP, Gen. Counsel & Corp. Sec.

Ms. Elizabeth A. Russell (Age 56)
Sr. VP of Acquisitions & Corp. Devel.

Key Competitors

View All Competitors

Insiders

Brian Robinson
Bought 10,000 shares on 5/11/2022
Total: C$470,500.00 ($47.05/share)

View All Insider Transactions

BEI.UN Stock - Frequently Asked Questions

Should I buy or sell Boardwalk REIT stock right now?: 5 Wall Street equities research 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 equities research 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 objectives for Boardwalk REIT's stock. Their BEI.UN share price forecasts range from C$56.00 to C$69.00. On average, they expect the company's stock price to reach C$64.93 in the next year. This suggests a possible upside of 20.6% 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 at the beginning of the year. Since then, BEI.UN stock has increased by 8.9% and is now trading at C$53.84.
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 2.07%. The dividend payout ratio is 22.63%. 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$53.84.
How much money does Boardwalk REIT make?: Boardwalk REIT (TSE:BEI.UN) has a market capitalization of C$2.46 billion and generates C$494.56 million in revenue each year. The real estate investment trust earns C$283.10 million in net income (profit) each year or C$5.17 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 3/22/2023 by MarketBeat.com Staff

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