TSE:CAR.UNCanadian Apartment Properties REIT Stock Price, Forecast & 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$47.11 -0.50 (-1.05 %) (As of 05/25/2020 06:58 AM ET) Add Compare Share Today's RangeC$46.89Now: C$47.11▼C$47.8050-Day RangeC$40.82MA: C$46.18▼C$49.1452-Week RangeC$36.40Now: C$47.11▼C$61.29Volume233,990 shsAverage Volume310,604 shsMarket CapitalizationC$8.02 billionP/E Ratio6.27Dividend Yield2.92%BetaN/A ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendInsider 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™ 3.4 Analyst's Opinion Consensus RatingCanadian Apartment Properties REIT has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$57.63, Canadian Apartment Properties REIT has a potential upside of 22.3% from its current price of C$47.11.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 2.2 Community Rank Outperform VotesCanadian Apartment Properties REIT has received 265 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCanadian Apartment Properties REIT has received 348 “underperform” votes. (Add your “underperform” vote.)Community SentimentCanadian Apartment Properties REIT has received 56.77% “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 2.5 Dividend Strength Dividend LeadershipCanadian Apartment Properties REIT is a leading dividend payer. It pays a dividend yield of 2.92%, putting its dividend yield in the top 25% of dividend-paying stocks.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 18.37 %. 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 Earnings GrowthEarnings for Canadian Apartment Properties REIT are expected to decrease by -100.00% in the coming year, from C$3.93 to C$0.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Canadian Apartment Properties REIT is 6.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 12.16.Price to Earnings Ratio vs. SectorThe P/E ratio of Canadian Apartment Properties REIT is 6.27, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 10.78.Price to Book Value per Share RatioCanadian Apartment Properties REIT has a P/B Ratio of 0.95. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.4Community Rank: 2.2Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.00 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 Ratio59.24 Current Ratio0.81 Quick Ratio0.74Price-To-Earnings Trailing P/E Ratio6.27 Forward P/E Ratio11.99 P/E GrowthN/A Sales & Book Value Annual SalesC$777.88 million Price / Sales10.31 Cash FlowC$2.78 per share Price / Cash Flow16.95 Book ValueC$49.43 per share Price / Book0.95Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous Employees908 Outstanding Shares170,262,000Market CapC$8.02 billion Next Earnings DateN/A OptionableNot Optionable TSX:CAR.UN Rates by TradingView 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 (WHO). Since then, CAR.UN shares have decreased by 13.3% and is now trading at C$47.11. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Canadian Apartment Properties REIT? 6 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 and 5 buy ratings 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? 6 Wall Street analysts have issued 12-month target prices 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$57.63 in the next twelve months. This suggests a possible upside of 22.3% from the stock's current price. View analysts' price targets for Canadian Apartment Properties REIT. Has Canadian Apartment Properties REIT been receiving favorable news coverage? News coverage about CAR.UN stock has been trending somewhat positive on Monday, InfoTrie reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Canadian Apartment Properties REIT earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutCanadian 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), Interrent Real Estate Investment Trust (IIP.UN), Killam Apartment REIT (KMP.UN), Boardwalk REIT (BEI.UN), Ingenia Communities Group (INA), 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), US Masters Residential Property Fund Unit (URF), Sigma Capital Group (SGM), KCR Residential Reit (KCR), CIVS SOCI / RED PREF (CSHC) and First Real Estate Investment Trust of NJ (FREVS). 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$47.11. How big of a company is Canadian Apartment Properties REIT? Canadian Apartment Properties REIT has a market capitalization of C$8.02 billion and generates C$777.88 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 5/25/2020 by MarketBeat.com Staff
