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S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
TSE:CAR.UN

Canadian Apartment Properties REIT Stock Forecast, Price & News

C$44.88
+0.06 (+0.13%)
(As of 07/4/2022 04:00 PM ET)
Add
Compare
Today's Range
C$44.19
C$45.11
50-Day Range
C$42.95
C$51.85
52-Week Range
C$42.90
C$62.77
Volume
245,803 shs
Average Volume
487,852 shs
Market Capitalization
C$7.80 billion
P/E Ratio
5.88
Dividend Yield
3.24%
Price Target
C$65.56

Canadian Apartment Properties REIT MarketRank™ Forecast

Analyst Rating
Buy
3.17 Rating Score
Upside/​Downside
46.4% Upside
C$65.56 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.29mentions of Canadian Apartment Properties REIT in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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

30 days | 90 days | 365 days | Advanced Chart

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Canadian Apartment Properties REIT logo

About Canadian Apartment Properties REIT (TSE:CAR.UN) Stock

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.

CAR.UN Stock News Headlines

2 Cheap Canadian REITs for Passive Income
3 Cheap Canadian Stocks Trading at 52-Week Lows
2 Top REITs for Big Passive Income
See More Headlines

Industry, Sector and Symbol

Industry
REIT - Residential
Sub-Industry
N/A
Current Symbol
TSE:CAR.UN
CIK
N/A
Fax
N/A
Employees
908
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$65.56
High Stock Price Forecast
C$70.50
Low Stock Price Forecast
C$55.00
Forecasted Upside/Downside
+46.1%
Consensus Rating
Buy
Rating Score (0-4)
3.16666666666667
Research Coverage
6 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$952.26 million
Cash Flow
C$0.46 per share
Book Value
C$58.96 per share

Miscellaneous

Free Float
N/A
Market Cap
C$7.80 billion
Optionable
Not Optionable
Beta
N/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 & 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

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

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