Canadian Apartment Properties REIT Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canadian Apartment Properties REIT in the last twelve months. 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.

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Canadian Apartment Properties REIT's stock was trading at C$54.31 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CAR.UN shares have increased by 14.8% and is now trading at C$62.35.
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Canadian Apartment Properties REIT pays an annual dividend of C$1.38 per share and currently has a dividend yield of 2.21%. The dividend payout ratio of Canadian Apartment Properties REIT is 25.01%. This payout ratio is at a healthy, sustainable level, below 75%.
View Canadian Apartment Properties REIT's dividend history.

4 brokers have issued twelve-month price objectives for Canadian Apartment Properties REIT's shares. Their forecasts range from C$60.00 to C$70.00. On average, they anticipate Canadian Apartment Properties REIT's stock price to reach C$65.06 in the next twelve months. This suggests a possible upside of 4.3% from the stock's current price.
View analysts' price targets for Canadian Apartment Properties REIT or view top-rated stocks among Wall Street analysts.

Some companies that are related to Canadian Apartment Properties REIT include Northview Apartment REIT (NVU.UN), Interrent Real Estate Investment Trust (IIP.UN), Boardwalk REIT (BEI.UN), Killam Apartment REIT (KMP.UN), Minto Apartment Real Estate Invt Trust (MI.UN), Pure Multi-Family REIT (RUF.UN), Morguard North American Residential REIT (MRG.UN), Pure Multi-Family REIT (RUF.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 CAR.UN's competitors.

Canadian Apartment Properties REIT trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CAR.UN."

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.
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One share of CAR.UN stock can currently be purchased for approximately C$62.35.

Canadian Apartment Properties REIT has a market capitalization of C$10.76 billion and generates C$894.09 million in revenue each year.

Canadian Apartment Properties REIT employs 908 workers across the globe.

The official website for Canadian Apartment Properties REIT is www.caprent.com.

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

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.