TSE:CAR.UN Canadian Apartment Properties REIT Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Canadian Apartment Properties REIT Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add C$45.68 +1.29 (+2.91 %) (As of 09/24/2020 12:00 AM ET) Add Compare Share Today's RangeC$44.43Now: C$45.68▼C$45.9450-Day RangeC$43.33MA: C$46.21▼C$49.0752-Week RangeC$36.40Now: C$45.68▼C$61.29Volume525,357 shsAverage Volume603,221 shsMarket CapitalizationC$7.79 billionP/E Ratio7.90Dividend Yield3.11%BetaN/A ProfileAnalyst RatingsChartCompetitorsDividendInsider TradesHeadlinesSocial Media CAPREIT owns interests in multi-unit residential rental properties, including apartments, townhomes and manufactured home communities (MHC) primarily located in and near major urban centres across Canada. As at March 31, 2019, CAPREIT had owning interests in 53,143 residential units, comprised of 45,446 residential suites and 45 MHC, comprising 7,697 land lease sites.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingCanadian Apartment Properties REIT has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$57.53, Canadian Apartment Properties REIT has a forecasted upside of 25.9% from its current price of C$45.68.Amount of Analyst CoverageCanadian Apartment Properties REIT has only been the subject of 1 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesCanadian Apartment Properties REIT has received 266 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCanadian Apartment Properties REIT has received 350 “underperform” votes. (Add your “underperform” vote.)Community SentimentCanadian Apartment Properties REIT has received 56.82% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Canadian Apartment Properties REIT and other stocks. Vote “Outperform” if you believe CAR.UN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CAR.UN will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend YieldCanadian Apartment Properties REIT pays a meaningful dividend of 3.11%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCanadian Apartment Properties REIT does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Canadian Apartment Properties REIT is 23.88%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Canadian Apartment Properties REIT insiders have not sold or bought any company stock. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Canadian Apartment Properties REIT is 7.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.05.Price to Earnings Ratio vs. SectorThe P/E ratio of Canadian Apartment Properties REIT is 7.90, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 8.96.Price to Book Value per Share RatioCanadian Apartment Properties REIT has a P/B Ratio of 0.91. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.85 out of 5 stars Industry, Sector and Symbol Stock Exchange TSE Industry REIT - Residential Sub-IndustryN/A SectorReal Estate Current SymbolTSE:CAR.UN Previous Symbol CUSIPN/A CIKN/A Webwww.caprent.com Phone+1-416-8619404Debt Debt-to-Equity Ratio62.63 Current Ratio0.30 Quick Ratio0.26Price-To-Earnings Trailing P/E Ratio7.90 Forward P/E Ratio11.62 P/E GrowthN/A Sales & Book Value Annual SalesC$840.69 million Price / Sales9.27 Cash FlowC$1.28 per share Price / Cash Flow35.74 Book ValueC$49.92 per share Price / Book0.91Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous Employees908 Outstanding Shares170,632,000Market CapC$7.79 billion Next Earnings DateN/A OptionableNot Optionable C$45.68 +1.29 (+2.91 %) (As of 09/24/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive CAR.UN News and Ratings via Email Sign-up to receive the latest news and ratings for CAR.UN and its competitors with MarketBeat's FREE daily newsletter. Canadian Apartment Properties REIT (TSE:CAR.UN) Frequently Asked Questions How has Canadian Apartment Properties REIT's stock been impacted by COVID-19 (Coronavirus)? Canadian Apartment Properties REIT's stock was trading at C$54.31 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CAR.UN stock has decreased by 15.9% and is now trading at C$45.68. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Canadian Apartment Properties REIT? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Apartment Properties REIT in the last year. There are currently 1 hold rating, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Canadian Apartment Properties REIT. What price target have analysts set for CAR.UN? 5 brokerages have issued 12 month price objectives for Canadian Apartment Properties REIT's shares. Their forecasts range from C$54.00 to C$62.00. On average, they anticipate Canadian Apartment Properties REIT's share price to reach C$57.53 in the next twelve months. This suggests a possible upside of 25.9% from the stock's current price. View analysts' price targets for Canadian Apartment Properties REIT. Who are some of Canadian Apartment Properties REIT's key competitors? Some companies that are related to Canadian Apartment Properties REIT include Northview Apartment REIT (NVU.UN), Killam Apartment REIT (KMP.UN), Interrent Real Estate Investment Trust (IIP.UN), Boardwalk REIT (BEI.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), Bluerock Residential Growth REIT (BRG), Sigma Capital Group (SGM), KCR Residential Reit (KCR), CIVS SOCI / RED PREF (CSHC), First Real Estate Investment Trust of NJ (FREVS), Ingenia Communities Group (INA) and Interrent Real Estate Investment Trust (IBVA). View all competitors. Who are Canadian Apartment Properties REIT's key executives? Canadian Apartment Properties REIT's management team includes the following people: Mr. Mark Kenney, CEO, Pres & DirectorMr. Scott Cryer, Chief Financial OfficerMr. Stephen Co, VP of AccountingMs. Corinne Pruzanski, Gen. Counsel & Corp. Sec.Ms. Jodi Lieberman, Chief HR Officer What is Canadian Apartment Properties REIT's stock symbol? Canadian Apartment Properties REIT trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CAR.UN." How do I buy shares of Canadian Apartment Properties REIT? Shares of CAR.UN and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab. What is Canadian Apartment Properties REIT's stock price today? One share of CAR.UN stock can currently be purchased for approximately C$45.68. How big of a company is Canadian Apartment Properties REIT? Canadian Apartment Properties REIT has a market capitalization of C$7.79 billion and generates C$840.69 million in revenue each year. Canadian Apartment Properties REIT employs 908 workers across the globe. What is Canadian Apartment Properties REIT's official website? The official website for Canadian Apartment Properties REIT is www.caprent.com. How can I contact Canadian Apartment Properties REIT? Canadian Apartment Properties REIT's mailing address is 11 Church St Suite 401, TORONTO, ON M5E 1W1, Canada. The company can be reached via phone at +1-416-8619404. This page was last updated on 9/24/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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