TSE:CAR.UN Canadian Apartment Properties REIT Stock Forecast, Price & News Adding Choose a watchlist: 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. C$44.88 +0.06 (+0.13%) (As of 07/4/2022 04:00 PM ET) Add Compare Share Today's RangeC$44.19▼C$45.1150-Day RangeC$42.95▼C$51.8552-Week RangeC$42.90▼C$62.77Volume245,803 shsAverage Volume487,852 shsMarket CapitalizationC$7.80 billionP/E Ratio5.88Dividend Yield3.24%Price TargetC$65.56 ProfileAnalyst RatingsChartCompetitorsDividendInsider TradesHeadlinesSocial Media Canadian Apartment Properties REIT MarketRank™ ForecastAnalyst RatingBuy3.17 Rating ScoreUpside/Downside46.4% UpsideC$65.56 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.29Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.2.22 out of 5 stars 4.6 Analyst's Opinion Consensus RatingCanadian Apartment Properties REIT has received a consensus rating of Buy. The company's average rating score is 3.17, 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$65.56, Canadian Apartment Properties REIT has a forecasted upside of 46.4% from its current price of C$44.77.Amount of Analyst CoverageCanadian Apartment Properties REIT has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 0.0 Short Interest Short InterestThere is no current short interest data available for CAR.UN. Previous Next 1.7 Dividend Strength Dividend YieldCanadian Apartment Properties REIT pays a meaningful dividend of 3.24%, 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 18.61%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CAR.UN. Previous Next 1.5 News and Social Media Coverage News SentimentCanadian Apartment Properties REIT has a news sentiment score of -0.29. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.32 average news sentiment score of Real Estate companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Canadian Apartment Properties REIT this week, compared to 1 article on an average week.Search Interest13 people have searched for CAR.UN on MarketBeat in the last 30 days. This is an increase of 18% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Canadian Apartment Properties REIT to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days. 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 5.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 74.19.Price to Earnings Ratio vs. SectorThe P/E ratio of Canadian Apartment Properties REIT is 5.87, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 153.28.Price to Book Value per Share RatioCanadian Apartment Properties REIT has a P/B Ratio of 0.76. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CAR.UN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Canadian Apartment Properties REIT and its competitors with MarketBeat's FREE daily newsletter. Email Address About Canadian Apartment Properties REIT (TSE:CAR.UN) StockCAPREIT 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 CAR.UN Stock News HeadlinesJuly 2, 2022 | msn.comPassive-Income Creation: 2 Top Picks to Consider Buying TodayJune 18, 2022 | ca.investing.comFire Sale: 2 Unbelievably Cheap Real Estate Stocks to Buy NowJune 4, 2022 | fool.caCAPREIT: 1 of the Best REITs to Buy Today!May 30, 2022 | ca.investing.com2 Cheap Canadian REITs for Passive IncomeMay 29, 2022 | seekingalpha.comCanadian Apartment Properties REIT: Is It A Cheap Dividend Stock?May 20, 2022 | theglobeandmail.comMining stocks will be the big winners from the transition to green energy. Plus, is it time to give up on REITs?May 17, 2022 | msn.comPassive Real Estate Investing in 3 Big Canadian REITsMay 13, 2022 | msn.comRetirees: 2 Dividend Stocks for Safe Income and Capital ProtectionMay 13, 2022 | fool.ca2 REITs That Are Being Unfairly Sold OffMay 12, 2022 | ca.finance.yahoo.com3 Cheap Canadian Stocks Trading at 52-Week LowsMay 9, 2022 | msn.comCanada’s Housing Market Is Cooling. Here’s Why It Still Doesn’t Help BuyersMay 4, 2022 | finance.yahoo.comCAPREIT Continues to Invest in Affordable Housing and Value CreationApril 25, 2022 | msn.comBuy or Rent? Choose Both With This Top REITApril 24, 2022 | msn.com2 Top REITs for Big Passive IncomeApril 20, 2022 | msn.com1 Top Canadian REIT to Buy and Hold ForeverApril 15, 2022 | msn.comDon’t Own a Home Yet? Invest in Housing Through Cheap Canadian REITs InsteadApril 13, 2022 | msn.comCanadian REITs: Is RioCan or Canadian Apartment Properties REIT a Better Buy Today?April 9, 2022 | msn.comTFSA Investors: 3 of the Best Undervalued Stocks to BuyApril 8, 2022 | marketwatch.comCanadian Apartment Properties Real Estate Investment Trust Un stock rises Friday, outperforms marketApril 7, 2022 | msn.com1 Top Canadian REIT Stock to Buy Now and Hold ForeverApril 2, 2022 | fool.caCanadian Stocks to Buy: 3 Investments That Could Grow in Value and Return CashMarch 28, 2022 | msn.comLazy Landlords: 2 of the Best Residential REITs to Buy NowMarch 25, 2022 | msn.com3 Safe Stocks to Buy That Will Protect and Grow Your CapitalMarch 20, 2022 | msn.com3 TSX Dividend Stocks I’m Buying in March 2022March 19, 2022 | msn.comBuy These 2 REITs to Protect Against StagflationSee More Headlines Industry, Sector and Symbol Stock ExchangeTSE Industry REIT - Residential Sub-IndustryN/A SectorReal Estate Current SymbolTSE:CAR.UN CUSIPN/A CIKN/A Webwww.caprent.com Phone+1-416-8619404FaxN/AEmployees908Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$65.56 High Stock Price ForecastC$70.50 Low Stock Price ForecastC$55.00 Forecasted Upside/Downside+46.1%Consensus RatingBuy Rating Score (0-4)3.16666666666667 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio5.88 Forward P/E Ratio11.42 P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity Ratio66.42 Current Ratio0.18 Quick Ratio0.13 Sales & Book Value Annual SalesC$952.26 million Price / Sales8.19 Cash FlowC$0.46 per share Price / Cash Flow96.67 Book ValueC$58.96 per share Price / Book0.76Miscellaneous Outstanding Shares173,770,000Free FloatN/AMarket CapC$7.80 billion OptionableNot Optionable BetaN/A Canadian Apartment Properties REIT Frequently Asked Questions Should I buy or sell Canadian Apartment Properties REIT stock right now? 6 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 1 hold rating, 3 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Canadian Apartment Properties REIT stock. View analyst ratings for Canadian Apartment Properties REIT or view top-rated stocks. What is Canadian Apartment Properties REIT's stock price forecast for 2022? 6 brokerages have issued 1 year price targets for Canadian Apartment Properties REIT's stock. Their CAR.UN stock forecasts range from C$55.00 to C$70.50. On average, they anticipate Canadian Apartment Properties REIT's stock price to reach C$65.56 in the next year. This suggests a possible upside of 46.1% from the stock's current price. View analysts' price targets for Canadian Apartment Properties REIT or view top-rated stocks among Wall Street analysts. How has Canadian Apartment Properties REIT's stock price performed in 2022? Canadian Apartment Properties REIT's stock was trading at C$59.96 on January 1st, 2022. Since then, CAR.UN shares have decreased by 25.2% and is now trading at C$44.88. View the best growth stocks for 2022 here. Is Canadian Apartment Properties REIT a good dividend stock? Canadian Apartment Properties REIT(TSE:CAR.UN) pays an annual dividend of C$1.42 per share and currently has a dividend yield of 3.24%. The dividend payout ratio of Canadian Apartment Properties REIT is 18.61%. This payout ratio is at a healthy, sustainable level, below 75%. View Canadian Apartment Properties REIT's dividend history. 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 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), Boardwalk REIT (BEI.UN), Killam Apartment REIT (KMP.UN), Interrent Real Estate Investment Trust (IIP.UN), Pure Multi-Family REIT (RUF.UN), Pure Multi-Family REIT (RUF.UN), Morguard North American Residential REIT (MRG.UN), Minto Apartment Real Estate Invt Trust (MI.UN), Empiric Student Property (ESP), Sigma Capital Group (SGM), KCR Residential REIT (KCR), Altarea SCA (ATRRF), CIVS SOCI / RED PREF (CSHC), First Real Estate Investment Trust of New Jersey (FREVS) and Ingenia Communities Group (INA). View all of CAR.UN's 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$44.88. How much money does Canadian Apartment Properties REIT make? Canadian Apartment Properties REIT (TSE:CAR.UN) has a market capitalization of C$7.80 billion and generates C$952.26 million in revenue each year. How many employees does Canadian Apartment Properties REIT have? Canadian Apartment Properties REIT employs 908 workers across the globe. 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 official website for Canadian Apartment Properties REIT is www.caprent.com. The company can be reached via phone at +1-416-8619404. This page (TSE:CAR.UN) was last updated on 7/4/2022 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 from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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