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Canadian Apartment Properties REIT (CAR.UN) Competitors

Canadian Apartment Properties REIT logo
C$35.78 0.00 (0.00%)
As of 06/12/2026 04:16 PM Eastern

CAR.UN vs. BEI.UN, NVU.UN, KMP.UN, IIP.UN, and MRG.UN

Should you buy Canadian Apartment Properties REIT stock or one of its competitors? MarketBeat compares Canadian Apartment Properties REIT with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with 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), and Morguard North American Residential Real Estate Investment Trust (MRG.UN). These companies are all part of the "reit - residential" industry.

How does Canadian Apartment Properties REIT compare to Boardwalk Real Estate Investment Trust?

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

Canadian Apartment Properties REIT currently has a consensus price target of C$46.56, indicating a potential upside of 30.14%. Boardwalk Real Estate Investment Trust has a consensus price target of C$79.50, indicating a potential upside of 21.15%. Given Canadian Apartment Properties REIT's stronger consensus rating and higher possible upside, equities 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
Canadian Apartment Properties REIT
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67
Boardwalk Real Estate Investment Trust
0 Sell rating(s)
4 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.60

Canadian Apartment Properties REIT pays an annual dividend of C$1.55 per share and has a dividend yield of 4.3%. Boardwalk Real Estate Investment Trust pays an annual dividend of C$1.65 per share and has a dividend yield of 2.5%. Canadian Apartment Properties REIT pays out 18,210.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Boardwalk Real Estate Investment Trust pays out 181.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Canadian Apartment Properties REIT has a beta of 0.838379, suggesting that its share price is 16% less volatile than the broader market. Comparatively, Boardwalk Real Estate Investment Trust has a beta of 0.56043, suggesting that its share price is 44% less volatile than the broader market.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canadian Apartment Properties REITC$997.95M5.49-C$54.15MC$0.014,195.10
Boardwalk Real Estate Investment TrustC$646.76M5.27C$679.42MC$0.9172.11

In the previous week, Canadian Apartment Properties REIT had 1 more articles in the media than Boardwalk Real Estate Investment Trust. MarketBeat recorded 1 mentions for Canadian Apartment Properties REIT and 0 mentions for Boardwalk Real Estate Investment Trust. Canadian Apartment Properties REIT's average media sentiment score of 0.68 beat Boardwalk Real Estate Investment Trust's score of 0.00 indicating that Canadian Apartment Properties REIT is being referred to more favorably in the media.

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
Canadian Apartment Properties REIT-4.95% -1.08% 2.40%
Boardwalk Real Estate Investment Trust 118.55%15.71%2.31%

41.6% of Canadian Apartment Properties REIT shares are owned by institutional investors. Comparatively, 33.5% of Boardwalk Real Estate Investment Trust shares are owned by institutional investors. 0.2% of Canadian Apartment Properties REIT shares are owned by company insiders. Comparatively, 17.9% of Boardwalk Real Estate Investment Trust shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Summary

Canadian Apartment Properties REIT beats Boardwalk Real Estate Investment Trust on 11 of the 18 factors compared between the two stocks.

How does Canadian Apartment Properties REIT compare to Northview Apartment REIT?

Northview Apartment REIT (TSE:NVU.UN) and Canadian Apartment Properties REIT (TSE:CAR.UN) are both mid-cap real estate companies, but which is the better investment? We will contrast the two businesses based on the strength of their dividends, earnings, risk, media sentiment, institutional ownership, profitability, analyst recommendations and valuation.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Northview Apartment REITC$397.19M0.00C$204.67MC$2.95N/A
Canadian Apartment Properties REITC$997.95M5.49-C$54.15MC$0.014,195.10

Northview Apartment REIT pays an annual dividend of C$1.63 per share. Canadian Apartment Properties REIT pays an annual dividend of C$1.55 per share and has a dividend yield of 4.3%. Northview Apartment REIT pays out 55.2% of its earnings in the form of a dividend. Canadian Apartment Properties REIT pays out 18,210.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

41.6% of Canadian Apartment Properties REIT shares are owned by institutional investors. 0.2% of Canadian Apartment Properties REIT shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

In the previous week, Canadian Apartment Properties REIT had 1 more articles in the media than Northview Apartment REIT. MarketBeat recorded 1 mentions for Canadian Apartment Properties REIT and 0 mentions for Northview Apartment REIT. Canadian Apartment Properties REIT's average media sentiment score of 0.68 beat Northview Apartment REIT's score of 0.00 indicating that Canadian Apartment Properties REIT is being referred to more favorably in the news media.

Company Overall Sentiment
Northview Apartment REIT Neutral
Canadian Apartment Properties REIT Positive

Northview Apartment REIT has a net margin of 0.00% compared to Canadian Apartment Properties REIT's net margin of -4.95%. Northview Apartment REIT's return on equity of 0.00% beat Canadian Apartment Properties REIT's return on equity.

Company Net Margins Return on Equity Return on Assets
Northview Apartment REITN/A N/A N/A
Canadian Apartment Properties REIT -4.95%-1.08%2.40%

Canadian Apartment Properties REIT has a consensus target price of C$46.56, indicating a potential upside of 30.14%. Given Canadian Apartment Properties REIT's stronger consensus rating and higher probable upside, analysts plainly believe Canadian Apartment Properties REIT is more favorable than Northview Apartment REIT.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Northview Apartment REIT
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Canadian Apartment Properties REIT
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67

Summary

Canadian Apartment Properties REIT beats Northview Apartment REIT on 11 of the 16 factors compared between the two stocks.

How does Canadian Apartment Properties REIT compare to Killam Apartment REIT?

Canadian Apartment Properties REIT (TSE:CAR.UN) and Killam Apartment REIT (TSE:KMP.UN) are both mid-cap real estate companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, earnings, media sentiment, valuation, profitability, dividends, risk and analyst recommendations.

Canadian Apartment Properties REIT pays an annual dividend of C$1.55 per share and has a dividend yield of 4.3%. Killam Apartment REIT pays an annual dividend of C$0.72 per share and has a dividend yield of 3.8%. Canadian Apartment Properties REIT pays out 18,210.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Killam Apartment REIT pays out -368.7% of its earnings in the form of a dividend.

Canadian Apartment Properties REIT currently has a consensus price target of C$46.56, indicating a potential upside of 30.14%. Killam Apartment REIT has a consensus price target of C$20.23, indicating a potential upside of 6.78%. Given Canadian Apartment Properties REIT's higher possible upside, analysts plainly believe Canadian Apartment Properties REIT is more favorable than Killam Apartment REIT.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Apartment Properties REIT
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67
Killam Apartment REIT
0 Sell rating(s)
1 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.89

Canadian Apartment Properties REIT has a beta of 0.838379, indicating that its stock price is 16% less volatile than the broader market. Comparatively, Killam Apartment REIT has a beta of 0.782351, indicating that its stock price is 22% less volatile than the broader market.

In the previous week, Canadian Apartment Properties REIT and Canadian Apartment Properties REIT both had 1 articles in the media. Canadian Apartment Properties REIT's average media sentiment score of 0.68 beat Killam Apartment REIT's score of 0.00 indicating that Canadian Apartment Properties REIT is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
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
Killam Apartment REIT
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Killam Apartment REIT has a net margin of 86.91% compared to Canadian Apartment Properties REIT's net margin of -4.95%. Killam Apartment REIT's return on equity of 12.07% beat Canadian Apartment Properties REIT's return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Apartment Properties REIT-4.95% -1.08% 2.40%
Killam Apartment REIT 86.91%12.07%2.57%

41.6% of Canadian Apartment Properties REIT shares are owned by institutional investors. Comparatively, 34.9% of Killam Apartment REIT shares are owned by institutional investors. 0.2% of Canadian Apartment Properties REIT shares are owned by insiders. Comparatively, 1.4% of Killam Apartment REIT shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canadian Apartment Properties REITC$997.95M5.49-C$54.15MC$0.014,195.10
Killam Apartment REITC$387.05M5.98C$310.02M-C$0.20N/A

Summary

Killam Apartment REIT beats Canadian Apartment Properties REIT on 9 of the 17 factors compared between the two stocks.

How does Canadian Apartment Properties REIT compare to InterRent Real Estate Investment Trust?

Canadian Apartment Properties REIT (TSE:CAR.UN) and InterRent Real Estate Investment Trust (TSE:IIP.UN) are both real estate companies, but which is the superior investment? We will compare the two businesses based on the strength of their media sentiment, institutional ownership, earnings, dividends, profitability, risk, valuation and analyst recommendations.

41.6% of Canadian Apartment Properties REIT shares are held by institutional investors. Comparatively, 39.3% of InterRent Real Estate Investment Trust shares are held by institutional investors. 0.2% of Canadian Apartment Properties REIT shares are held by insiders. Comparatively, 4.0% of InterRent Real Estate Investment Trust shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

In the previous week, Canadian Apartment Properties REIT had 1 more articles in the media than InterRent Real Estate Investment Trust. MarketBeat recorded 1 mentions for Canadian Apartment Properties REIT and 0 mentions for InterRent Real Estate Investment Trust. Canadian Apartment Properties REIT's average media sentiment score of 0.68 beat InterRent Real Estate Investment Trust's score of 0.00 indicating that Canadian Apartment Properties REIT is being referred to more favorably in the media.

Canadian Apartment Properties REIT has a beta of 0.838379, indicating that its stock price is 16% less volatile than the broader market. Comparatively, InterRent Real Estate Investment Trust has a beta of 0.535217, indicating that its stock price is 46% less volatile than the broader market.

Canadian Apartment Properties REIT pays an annual dividend of C$1.55 per share and has a dividend yield of 4.3%. InterRent Real Estate Investment Trust pays an annual dividend of C$0.40 per share and has a dividend yield of 3.1%. Canadian Apartment Properties REIT pays out 18,210.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. InterRent Real Estate Investment Trust pays out 1,149.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

InterRent Real Estate Investment Trust has a net margin of -0.69% compared to Canadian Apartment Properties REIT's net margin of -4.95%. InterRent Real Estate Investment Trust's return on equity of -0.06% beat Canadian Apartment Properties REIT's return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Apartment Properties REIT-4.95% -1.08% 2.40%
InterRent Real Estate Investment Trust -0.69%-0.06%2.14%

Canadian Apartment Properties REIT presently has a consensus target price of C$46.56, indicating a potential upside of 30.14%. InterRent Real Estate Investment Trust has a consensus target price of C$13.55, indicating a potential upside of 5.45%. Given Canadian Apartment Properties REIT's stronger consensus rating and higher probable upside, equities analysts clearly believe Canadian Apartment Properties REIT is more favorable than InterRent Real Estate Investment Trust.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Apartment Properties REIT
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67
InterRent Real Estate Investment Trust
2 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canadian Apartment Properties REITC$997.95M5.49-C$54.15MC$0.014,195.10
InterRent Real Estate Investment TrustC$247.25M7.27-C$1.68MC$0.03372.10

Summary

Canadian Apartment Properties REIT beats InterRent Real Estate Investment Trust on 11 of the 18 factors compared between the two stocks.

How does Canadian Apartment Properties REIT compare to Morguard North American Residential Real Estate Investment Trust?

Canadian Apartment Properties REIT (TSE:CAR.UN) and Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) are both real estate companies, but which is the superior stock? We will compare the two businesses based on the strength of their valuation, institutional ownership, earnings, media sentiment, risk, profitability, analyst recommendations and dividends.

In the previous week, Canadian Apartment Properties REIT had 1 more articles in the media than Morguard North American Residential Real Estate Investment Trust. MarketBeat recorded 1 mentions for Canadian Apartment Properties REIT and 0 mentions for Morguard North American Residential Real Estate Investment Trust. Canadian Apartment Properties REIT's average media sentiment score of 0.68 beat Morguard North American Residential Real Estate Investment Trust's score of 0.00 indicating that Canadian Apartment Properties REIT is being referred to more favorably in the media.

Canadian Apartment Properties REIT currently has a consensus price target of C$46.56, indicating a potential upside of 30.14%. Morguard North American Residential Real Estate Investment Trust has a consensus price target of C$22.25, indicating a potential upside of 30.12%. Given Canadian Apartment Properties REIT's higher probable upside, equities research analysts plainly believe Canadian Apartment Properties REIT is more favorable than Morguard North American Residential Real Estate Investment Trust.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Apartment Properties REIT
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67
Morguard North American Residential Real Estate Investment Trust
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67

Canadian Apartment Properties REIT has a beta of 0.838379, indicating that its stock price is 16% less volatile than the broader market. Comparatively, Morguard North American Residential Real Estate Investment Trust has a beta of 0.978548, indicating that its stock price is 2% less volatile than the broader market.

Canadian Apartment Properties REIT pays an annual dividend of C$1.55 per share and has a dividend yield of 4.3%. Morguard North American Residential Real Estate Investment Trust pays an annual dividend of C$0.77 per share and has a dividend yield of 4.5%. Canadian Apartment Properties REIT pays out 18,210.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Morguard North American Residential Real Estate Investment Trust pays out 47.5% of its earnings in the form of a dividend. Morguard North American Residential Real Estate Investment Trust is clearly the better dividend stock, given its higher yield and lower payout ratio.

Morguard North American Residential Real Estate Investment Trust has a net margin of 40.48% compared to Canadian Apartment Properties REIT's net margin of -4.95%. Morguard North American Residential Real Estate Investment Trust's return on equity of 6.98% beat Canadian Apartment Properties REIT's return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Apartment Properties REIT-4.95% -1.08% 2.40%
Morguard North American Residential Real Estate Investment Trust 40.48%6.98%2.44%

41.6% of Canadian Apartment Properties REIT shares are owned by institutional investors. Comparatively, 2.3% of Morguard North American Residential Real Estate Investment Trust shares are owned by institutional investors. 0.2% of Canadian Apartment Properties REIT shares are owned by insiders. Comparatively, 26.4% of Morguard North American Residential Real Estate Investment Trust shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canadian Apartment Properties REITC$997.95M5.49-C$54.15MC$0.014,195.10
Morguard North American Residential Real Estate Investment TrustC$350.84M2.54C$139.66MC$1.6310.52

Summary

Morguard North American Residential Real Estate Investment Trust beats Canadian Apartment Properties REIT on 9 of the 17 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$5.48BC$1.26BC$2.04BC$12.19B
Dividend Yield4.40%4.80%7.28%6.19%
P/E Ratio4,195.10247.5130.1036.94
Price / Sales5.49361.66380.9810.45
Price / Cash57.91107.6868.0382.29
Price / Book0.640.671.344.47
Net Income-C$54.15MC$64.85M-C$124.57MC$299.09M
7 Day Performance3.29%1.27%0.61%0.65%
1 Month Performance7.25%1.87%-0.36%-0.08%
1 Year Performance-19.83%-1.59%0.37%41.90%

Canadian Apartment Properties REIT Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CAR.UN
Canadian Apartment Properties REIT
2.4552 of 5 stars
C$35.78
flat
C$46.56
+30.1%
-19.8%C$5.48BC$997.95M4,195.10908
BEI.UN
Boardwalk Real Estate Investment Trust
N/AC$64.62
+2.0%
C$79.50
+23.0%
-5.6%C$3.36BC$646.76M71.011,558
NVU.UN
Northview Apartment REIT
N/AN/AN/AN/AC$2.51BC$397.19M12.27950
KMP.UN
Killam Apartment REIT
1.5371 of 5 stars
C$18.96
+3.3%
C$20.23
+6.7%
-3.1%C$2.32BC$387.05MN/A616
IIP.UN
InterRent Real Estate Investment Trust
N/AC$12.78
+0.3%
C$13.55
+6.0%
-5.3%C$1.79BC$247.25M370.07359

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This page (TSE:CAR.UN) was last updated on 6/15/2026 by MarketBeat.com Staff.
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