Canadian Apartment Properties REIT Stock Forecast, Price & News

-0.11 (-0.20 %)
(As of 04/20/2021 12:00 AM ET)
Today's Range
Now: C$55.72
50-Day Range
MA: C$54.30
52-Week Range
Now: C$55.72
Volume440,087 shs
Average Volume364,930 shs
Market CapitalizationC$9.58 billion
P/E Ratio10.33
Dividend Yield2.47%
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.
Canadian Apartment Properties REIT logo

Industry, Sector and Symbol

Industry REIT - Residential
Current SymbolTSE:CAR.UN
Year FoundedN/A



Sales & Book Value

Annual SalesC$882.64 million
Cash FlowC$0.71 per share
Book ValueC$53.84 per share



Market CapC$9.58 billion
Next Earnings DateN/A
OptionableNot Optionable


CAPREIT Announces April 2021 Distribution
April 15, 2021 |  markets.businessinsider.com
Got $1,000? Consider Buying These 3 Growth Stocks
March 31, 2021 |  ca.finance.yahoo.com
I Buy Apartment REITs To Fight Rising Interest Rates
March 24, 2021 |  seekingalpha.com
Warning: The Housing Bubble Could Get Worse
March 19, 2021 |  ca.finance.yahoo.com
Lazy Landlord: Add Real Estate for Passive Income
March 15, 2021 |  ca.finance.yahoo.com
Alert: Mortgage Rates Could Go Higher in 2021
February 25, 2021 |  ca.finance.yahoo.com
RRSP Deadline for 2020: 2 Top REITs to Buy Now
February 25, 2021 |  ca.finance.yahoo.com
CAPREIT Reports Continued Growth and Strong Operating Performance in 2020
February 24, 2021 |  markets.businessinsider.com
See More Headlines


Overall MarketRank

1.37 out of 5 stars

Analyst Opinion: 1.8Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -
-0.11 (-0.20 %)
(As of 04/20/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Canadian Apartment Properties REIT (TSE:CAR.UN) Frequently Asked Questions

Is Canadian Apartment Properties REIT a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canadian Apartment Properties REIT in the last year. There are currently 2 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "strong buy" Canadian Apartment Properties REIT stock.
View analyst ratings for Canadian Apartment Properties REIT
or view top-rated stocks.

What stocks does MarketBeat like better than Canadian Apartment Properties REIT?

Wall Street analysts have given Canadian Apartment Properties REIT a "Strong 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 Canadian Apartment Properties 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 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 shares have increased by 2.6% and is now trading at C$55.72.
View which stocks have been most impacted by COVID-19

Is Canadian Apartment Properties REIT a good dividend stock?

Canadian Apartment Properties REIT pays an annual dividend of C$1.38 per share and currently has a dividend yield of 2.47%. The dividend payout ratio of Canadian Apartment Properties REIT is 25.59%. This payout ratio is at a healthy, sustainable level, below 75%.
View Canadian Apartment Properties REIT's dividend history.

What price target have analysts set for CAR.UN?

4 analysts have issued 1 year target prices for Canadian Apartment Properties REIT's shares. Their forecasts range from C$56.00 to C$64.00. On average, they anticipate Canadian Apartment Properties REIT's share price to reach C$59.71 in the next year. This suggests a possible upside of 7.2% from the stock's current price.
View analysts' price targets for Canadian Apartment Properties REIT
or view top-rated stocks among Wall Street analysts.

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 & Director
  • Mr. Scott Cryer, Chief Financial Officer
  • Mr. Stephen Co, VP of Accounting
  • Ms. Corinne Pruzanski, Gen. Counsel & Corp. Sec.
  • Ms. Jodi Lieberman, Chief HR Officer

Who are some of Canadian Apartment Properties REIT's key competitors?

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 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 Canadian Apartment Properties REIT's stock price today?

One share of CAR.UN stock can currently be purchased for approximately C$55.72.

How much money does Canadian Apartment Properties REIT make?

Canadian Apartment Properties REIT has a market capitalization of C$9.58 billion and generates C$882.64 million in revenue each year.

How many employees does Canadian Apartment Properties REIT have?

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.

Where are Canadian Apartment Properties REIT's headquarters?

Canadian Apartment Properties REIT is headquartered at 11 Church St Suite 401, TORONTO, ON M5E 1W1, Canada.

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 4/21/2021 by MarketBeat.com Staff
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