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Canadian Apartment Properties REIT (CAR.UN) Competitors

Canadian Apartment Properties REIT logo
C$44.63 -0.46 (-1.02%)
As of 04:00 PM Eastern

CAR.UN vs. BEI.UN, NVU.UN, KMP.UN, IIP.UN, RUF.UN, MRG.UN, MI.UN, HOM.U, MHC.UN, and HOM.UN

Should you be buying Canadian Apartment Properties REIT stock or one of its competitors? The main competitors of Canadian Apartment Properties REIT include Boardwalk Real Estate Investment Trust (BEI.UN), Northview Apartment REIT (NVU.UN), Killam Apartment REIT (KMP.UN), InterRent Real Estate Investment Trust (IIP.UN), Pure Multi-Family REIT (RUF.UN), Morguard North American Residential Real Estate Investment Trust (MRG.UN), Minto Apartment Real Estate Invt Trust (MI.UN), Bsr Real Estate Investment Trust (HOM.U), Flagship Communities Real Estate Investment Trust (MHC.UN), and BSR Real Estate Investment Trust (HOM.UN). These companies are all part of the "reit - residential" industry.

Canadian Apartment Properties REIT vs. Its Competitors

Boardwalk Real Estate Investment Trust (TSE:BEI.UN) and Canadian Apartment Properties REIT (TSE:CAR.UN) are both mid-cap real estate companies, but which is the better business? We will compare the two companies based on the strength of their dividends, media sentiment, institutional ownership, community ranking, profitability, earnings, analyst recommendations, valuation and risk.

Boardwalk Real Estate Investment Trust has higher earnings, but lower revenue than Canadian Apartment Properties REIT. Canadian Apartment Properties REIT is trading at a lower price-to-earnings ratio than Boardwalk Real Estate Investment Trust, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Boardwalk Real Estate Investment TrustC$573.10M5.99C$679.42MC$13.515.14
Canadian Apartment Properties REITC$1.09B6.84-C$54.15M-C$0.32-139.47

Canadian Apartment Properties REIT received 77 more outperform votes than Boardwalk Real Estate Investment Trust when rated by MarketBeat users. Likewise, 60.28% of users gave Canadian Apartment Properties REIT an outperform vote while only 49.72% of users gave Boardwalk Real Estate Investment Trust an outperform vote.

CompanyUnderperformOutperform
Boardwalk Real Estate Investment TrustOutperform Votes
269
49.72%
Underperform Votes
272
50.28%
Canadian Apartment Properties REITOutperform Votes
346
60.28%
Underperform Votes
228
39.72%

Boardwalk Real Estate Investment Trust has a net margin of 118.55% compared to Canadian Apartment Properties REIT's net margin of -4.95%. Boardwalk Real Estate Investment Trust's return on equity of 15.71% beat Canadian Apartment Properties REIT's return on equity.

Company Net Margins Return on Equity Return on Assets
Boardwalk Real Estate Investment Trust118.55% 15.71% 2.31%
Canadian Apartment Properties REIT -4.95%-1.08%2.40%

39.7% of Boardwalk Real Estate Investment Trust shares are held by institutional investors. Comparatively, 42.6% of Canadian Apartment Properties REIT shares are held by institutional investors. 17.9% of Boardwalk Real Estate Investment Trust shares are held by insiders. Comparatively, 0.2% of Canadian Apartment Properties REIT shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Boardwalk Real Estate Investment Trust pays an annual dividend of C$1.44 per share and has a dividend yield of 2.1%. Canadian Apartment Properties REIT pays an annual dividend of C$1.50 per share and has a dividend yield of 3.4%. Boardwalk Real Estate Investment Trust pays out 10.7% of its earnings in the form of a dividend. Canadian Apartment Properties REIT pays out -468.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Canadian Apartment Properties REIT is clearly the better dividend stock, given its higher yield and lower payout ratio.

Boardwalk Real Estate Investment Trust presently has a consensus target price of C$80.64, indicating a potential upside of 16.07%. Canadian Apartment Properties REIT has a consensus target price of C$54.50, indicating a potential upside of 22.12%. Given Canadian Apartment Properties REIT's stronger consensus rating and higher possible upside, analysts clearly believe Canadian Apartment Properties REIT is more favorable than Boardwalk Real Estate Investment Trust.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Boardwalk Real Estate Investment Trust
0 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.43
Canadian Apartment Properties REIT
0 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.80

In the previous week, Boardwalk Real Estate Investment Trust and Boardwalk Real Estate Investment Trust both had 1 articles in the media. Boardwalk Real Estate Investment Trust's average media sentiment score of 1.68 beat Canadian Apartment Properties REIT's score of 0.59 indicating that Boardwalk Real Estate Investment Trust is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Boardwalk Real Estate Investment Trust
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Canadian Apartment Properties REIT
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Boardwalk Real Estate Investment Trust has a beta of 1.76, meaning that its stock price is 76% more volatile than the S&P 500. Comparatively, Canadian Apartment Properties REIT has a beta of 1.23, meaning that its stock price is 23% more volatile than the S&P 500.

Summary

Canadian Apartment Properties REIT beats Boardwalk Real Estate Investment Trust on 11 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CAR.UN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CAR.UN vs. The Competition

MetricCanadian Apartment Properties REITREIT IndustryReal Estate SectorTSE Exchange
Market CapC$7.46BC$1.46BC$1.69BC$6.07B
Dividend Yield2.92%3.83%6.32%6.72%
P/E Ratio-139.474.3310.2836.73
Price / Sales6.84246.731,640.931,028.25
Price / Cash57.91107.6866.7983.29
Price / Book0.800.711.284.20
Net Income-C$54.15MC$64.85M-C$120.13MC$301.20M
7 Day Performance0.70%0.60%0.62%1.27%
1 Month Performance6.69%6.42%2.76%5.44%
1 Year Performance1.69%15.87%8.74%24.30%

Canadian Apartment Properties REIT Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CAR.UN
Canadian Apartment Properties REIT
1.218 of 5 stars
C$44.63
-1.0%
C$54.50
+22.1%
+4.1%C$7.46BC$1.09B-139.47908News Coverage
Positive News
BEI.UN
Boardwalk Real Estate Investment Trust
2.3424 of 5 stars
C$69.98
-0.1%
C$80.64
+15.2%
-0.1%C$3.46BC$573.10M5.181,558Positive News
NVU.UN
Northview Apartment REIT
N/AN/AN/AN/AC$2.51BC$397.19M12.27950High Trading Volume
KMP.UN
Killam Apartment REIT
1.8338 of 5 stars
C$19.43
-0.2%
C$22.50
+15.8%
+13.9%C$2.31BC$356.70M7.47616News Coverage
IIP.UN
InterRent Real Estate Investment Trust
0.3983 of 5 stars
C$13.61
-0.3%
C$13.41
-1.5%
+14.7%C$2.01BC$245.13M-680.50359
RUF.UN
Pure Multi-Family REIT
N/AN/AN/AN/AC$784.44MC$111.01M13.13189
MRG.UN
Morguard North American Residential Real Estate Investment Trust
3.6324 of 5 stars
C$18.12
-0.7%
C$23.00
+26.9%
+20.7%C$673.16MC$344.99M4.79N/ANews Coverage
Positive News
Insider Trade
MI.UN
Minto Apartment Real Estate Invt Trust
N/AC$14.40
+0.3%
C$15.81
+9.8%
-4.3%C$574.85MC$157.96M-16.18179
HOM.U
Bsr Real Estate Investment Trust
2.4471 of 5 stars
C$12.99
-0.2%
C$15.10
+16.2%
+15.3%C$433.61MC$168.39M-2.22250
MHC.UN
Flagship Communities Real Estate Investment Trust
3.9515 of 5 stars
C$24.95
-0.6%
C$21.29
-14.7%
+24.6%C$352.79MC$78.07M5.30N/A
HOM.UN
BSR Real Estate Investment Trust
N/AC$17.98
-0.4%
C$12.50
-30.5%
+16.0%C$0.00C$168.39M-2.27250

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This page (TSE:CAR.UN) was last updated on 6/13/2025 by MarketBeat.com Staff
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