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S&P 500   4,273.79
DOW   33,562.86
QQQ   354.90
Is Verizon’s 7% Yield Too Good To Pass Up?
The Ignored EV Story Few Investors Know About (Ad)
Surging Over 100%: Small Cap Electric Boat Maker Makes Waves
The Most Upgraded Stocks In May Are Moving Higher 
How to Invest in AI's Fast-Growing Market (Ad)
Buffett-Backed BYD Caught In The Chinese Government's Stimulus
Dollar General May Create an Opportunity for Patient Investors
How to Invest in AI's Fast-Growing Market (Ad)
Here’s What Driving the 125% YTD Gains for Upstart Holdings Stock
SunCar Technology Stock Overheats...Will it Rise Again?
S&P 500   4,273.79
DOW   33,562.86
QQQ   354.90
Is Verizon’s 7% Yield Too Good To Pass Up?
The Ignored EV Story Few Investors Know About (Ad)
Surging Over 100%: Small Cap Electric Boat Maker Makes Waves
The Most Upgraded Stocks In May Are Moving Higher 
How to Invest in AI's Fast-Growing Market (Ad)
Buffett-Backed BYD Caught In The Chinese Government's Stimulus
Dollar General May Create an Opportunity for Patient Investors
How to Invest in AI's Fast-Growing Market (Ad)
Here’s What Driving the 125% YTD Gains for Upstart Holdings Stock
SunCar Technology Stock Overheats...Will it Rise Again?
S&P 500   4,273.79
DOW   33,562.86
QQQ   354.90
Is Verizon’s 7% Yield Too Good To Pass Up?
The Ignored EV Story Few Investors Know About (Ad)
Surging Over 100%: Small Cap Electric Boat Maker Makes Waves
The Most Upgraded Stocks In May Are Moving Higher 
How to Invest in AI's Fast-Growing Market (Ad)
Buffett-Backed BYD Caught In The Chinese Government's Stimulus
Dollar General May Create an Opportunity for Patient Investors
How to Invest in AI's Fast-Growing Market (Ad)
Here’s What Driving the 125% YTD Gains for Upstart Holdings Stock
SunCar Technology Stock Overheats...Will it Rise Again?
TSE:CAR.UN

Canadian Apartment Properties REIT (CAR.UN) Competitors

C$50.43
-0.28 (-0.55%)
(As of 06/5/2023 ET)
Compare
Today's Range
C$50.25
C$50.75
50-Day Range
C$46.51
C$50.71
52-Week Range
C$39.08
C$50.96
Volume
189,680 shs
Average Volume
358,912 shs
Market Capitalization
C$8.44 billion
P/E Ratio
N/A
Dividend Yield
2.88%
Price Target
C$57.69

CAR.UN vs. BEI.UN, NVU.UN, FSV, REI.UN, CIGI, GRT.UN, CHP.UN, SMU.UN, SRU.UN, and DIR.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 REIT (BEI.UN), Northview Apartment REIT (NVU.UN), FirstService (FSV), RioCan Real Estate Investment Trust (REI.UN), Colliers International Group (CIGI), Granite Real Estate Investment Trust (GRT.UN), Choice Properties Real Est Invstmnt Trst (CHP.UN), Summit Industrial Income REIT (SMU.UN), SmartCentres Real Estate Investment Trst (SRU.UN), and Dream Industrial Real Estate Invest Trst (DIR.UN). These companies are all part of the "real estate" sector.

Canadian Apartment Properties REIT vs.

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

Boardwalk REIT has a net margin of 85.84% compared to Canadian Apartment Properties REIT's net margin of -13.20%. Boardwalk REIT's return on equity of 12.47% beat Canadian Apartment Properties REIT's return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Apartment Properties REIT -13.20% -2.59% 2.12%
Boardwalk REIT 85.84% 12.47% 2.24%

Canadian Apartment Properties REIT currently has a consensus target price of C$57.69, suggesting a potential upside of 14.39%. Boardwalk REIT has a consensus target price of C$66.64, suggesting a potential upside of 9.52%. Given Canadian Apartment Properties REIT's stronger consensus rating and higher probable upside, equities research analysts plainly believe Canadian Apartment Properties REIT is more favorable than Boardwalk REIT.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Apartment Properties REIT
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
2 Strong Buy rating(s)
3.20
Boardwalk 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 REIT had 1 more articles in the media than Canadian Apartment Properties REIT. MarketBeat recorded 1 mentions for Boardwalk REIT and 0 mentions for Canadian Apartment Properties REIT. Canadian Apartment Properties REIT's average media sentiment score of 0.00 equaled Boardwalk REIT's average media sentiment score.

Company Overall Sentiment
Canadian Apartment Properties REIT Neutral
Boardwalk REIT Neutral

Boardwalk REIT has lower revenue, but higher earnings than Canadian Apartment Properties REIT. Canadian Apartment Properties REIT is trading at a lower price-to-earnings ratio than Boardwalk 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$1.02 billion8.27-C$134.90 million-C$0.80-63.04
Boardwalk REITC$506.81 million5.49C$435.06 millionC$8.567.11

Canadian Apartment Properties REIT received 74 more outperform votes than Boardwalk REIT when rated by MarketBeat users. Likewise, 60.77% of users gave Canadian Apartment Properties REIT an outperform vote while only 50.21% of users gave Boardwalk REIT an outperform vote.

CompanyUnderperformOutperform
Canadian Apartment Properties REITOutperform Votes
316
60.77%
Underperform Votes
204
39.23%
Boardwalk REITOutperform Votes
242
50.21%
Underperform Votes
240
49.79%

Canadian Apartment Properties REIT pays an annual dividend of C$1.45 per share and has a dividend yield of 2.9%. Boardwalk REIT pays an annual dividend of C$1.17 per share and has a dividend yield of 1.9%. Canadian Apartment Properties REIT pays out -181.3% of its earnings in the form of a dividend. Boardwalk REIT pays out 13.7% 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.

Canadian Apartment Properties REIT has a beta of 1.07, meaning that its share price is 7% more volatile than the S&P 500. Comparatively, Boardwalk REIT has a beta of 1.71, meaning that its share price is 71% more volatile than the S&P 500.

43.6% of Canadian Apartment Properties REIT shares are owned by institutional investors. Comparatively, 40.9% of Boardwalk REIT shares are owned by institutional investors. 0.6% of Canadian Apartment Properties REIT shares are owned by company insiders. Comparatively, 19.2% of Boardwalk REIT shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Summary

Canadian Apartment Properties REIT and Boardwalk REIT tied by winning 10 of the 20 factors compared between the two stocks.


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$8.44BC$1.63BC$1.87BC$4.01B
Dividend Yield2.96%3.88%7.25%6.74%
P/E Ratio-63.0453.09150.2725.47
Price / Sales8.27210.91331.381,215.74
Price / Cash57.91149.1868.6078.07
Price / Book0.870.901.243.91
Net Income-C$134.90MC$116.96M-C$17.57MC$332.14M
7 Day Performance3.68%0.46%0.97%2.25%
1 Month Performance1.88%0.50%-1.55%-3.23%
1 Year Performance4.22%-10.36%-18.35%6.21%

Canadian Apartment Properties REIT Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BEI.UN
Boardwalk REIT
1.4799 of 5 stars
C$59.46
-0.6%
C$66.64
+12.1%
+21.0%C$2.72BC$506.81M6.951,700
NVU.UN
Northview Apartment REIT
0 of 5 stars
C$36.23
flat
N/AN/AC$2.51BC$397.19M12.27950High Trading Volume
FSV
FirstService
1.5694 of 5 stars
C$197.63
-0.1%
C$135.00
-31.7%
+25.2%C$8.81BC$3.93B53.2725,000
REI.UN
RioCan Real Estate Investment Trust
1.684 of 5 stars
C$19.98
-1.1%
C$24.65
+23.4%
-10.6%C$6.00BC$1.23B31.22585
CIGI
Colliers International Group
1.8582 of 5 stars
C$126.71
-1.8%
C$160.00
+26.3%
-12.6%C$5.38BC$4.42B94.5616,780
GRT.UN
Granite Real Estate Investment Trust
2.0556 of 5 stars
C$78.88
-1.6%
C$97.63
+23.8%
-9.8%C$5.03BC$476.60M-15.8444Dividend Announcement
Positive News
CHP.UN
Choice Properties Real Est Invstmnt Trst
1.45 of 5 stars
C$13.66
-1.6%
C$15.54
+13.7%
-10.1%C$4.48BC$1.34B15.70238
SMU.UN
Summit Industrial Income REIT
0 of 5 stars
N/AN/AN/AC$4.46BC$246.09M8.89N/A
SRU.UN
SmartCentres Real Estate Investment Trst
1.625 of 5 stars
C$25.49
-1.1%
C$30.42
+19.3%
-13.2%C$3.69BC$846.48M14.16337
DIR.UN
Dream Industrial Real Estate Invest Trst
1.9469 of 5 stars
C$13.73
-1.2%
C$17.25
+25.6%
+0.2%C$3.53BC$389.88M16.3590

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This page (TSE:CAR.UN) was last updated on 6/6/2023 by MarketBeat.com Staff

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