Go Pro

Canadian Apartment Properties REIT (CAR.UN) Competitors

Canadian Apartment Properties REIT logo
C$33.81 -0.02 (-0.06%)
As of 12:01 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? Canadian Apartment Properties REIT's main competitors and comparable companies 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). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "multi-family residential reits" 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 companies based on the strength of their profitability, risk, institutional ownership, media sentiment, earnings, valuation, dividends and analyst recommendations.

41.7% of Canadian Apartment Properties REIT shares are owned by institutional investors. Comparatively, 35.1% 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 large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Canadian Apartment Properties REIT has a beta of 0.809094, suggesting that its stock price is 19% less volatile than the broader market. Comparatively, Boardwalk Real Estate Investment Trust has a beta of 0.525543, suggesting that its stock price is 47% 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 4.6%. Boardwalk Real Estate Investment Trust pays an annual dividend of C$1.70 per share and has a dividend yield of 2.6%. Canadian Apartment Properties REIT pays out -178.8% of its earnings in the form of a dividend. Boardwalk Real Estate Investment Trust pays out -199.4% 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.

In the previous week, Canadian Apartment Properties REIT had 8 more articles in the media than Boardwalk Real Estate Investment Trust. MarketBeat recorded 8 mentions for Canadian Apartment Properties REIT and 0 mentions for Boardwalk Real Estate Investment Trust. Boardwalk Real Estate Investment Trust's average media sentiment score of 0.00 beat Canadian Apartment Properties REIT's score of -0.35 indicating that Boardwalk Real Estate Investment Trust is being referred to more favorably in the news media.

Canadian Apartment Properties REIT currently has a consensus price target of C$45.31, suggesting a potential upside of 34.14%. Boardwalk Real Estate Investment Trust has a consensus price target of C$79.28, suggesting a potential upside of 23.14%. 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 Real Estate Investment Trust.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Apartment Properties REIT
0 Sell rating(s)
0 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
3.00
Boardwalk Real Estate Investment Trust
0 Sell rating(s)
3 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.67

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$989.93M5.20-C$54.15M-C$0.87N/A
Boardwalk Real Estate Investment TrustC$650.37M4.56C$679.42M-C$0.85N/A

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%

Summary

Canadian Apartment Properties REIT beats Boardwalk Real Estate Investment Trust on 10 of the 18 factors compared between the two stocks.

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

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

41.7% 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 company will outperform the market over the long term.

Northview Apartment 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 Northview Apartment 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$989.93M5.20-C$54.15M-C$0.87N/A
Northview Apartment REITC$397.19M0.00C$204.67MC$2.95N/A

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
Canadian Apartment Properties REIT-4.95% -1.08% 2.40%
Northview Apartment REIT N/A N/A N/A

Canadian Apartment Properties REIT currently has a consensus target price of C$45.31, suggesting a potential upside of 34.14%. Given Canadian Apartment Properties REIT's stronger consensus rating and higher possible upside, research analysts clearly believe Canadian Apartment Properties REIT is more favorable than Northview Apartment REIT.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Apartment Properties REIT
0 Sell rating(s)
0 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
3.00
Northview Apartment REIT
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

In the previous week, Canadian Apartment Properties REIT had 8 more articles in the media than Northview Apartment REIT. MarketBeat recorded 8 mentions for Canadian Apartment Properties REIT and 0 mentions for Northview Apartment REIT. Northview Apartment REIT's average media sentiment score of 0.00 beat Canadian Apartment Properties REIT's score of -0.35 indicating that Northview Apartment REIT is being referred to more favorably in the news media.

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

Canadian Apartment Properties REIT pays an annual dividend of C$1.55 per share and has a dividend yield of 4.6%. Northview Apartment REIT pays an annual dividend of C$1.63 per share. Canadian Apartment Properties REIT pays out -178.8% of its earnings in the form of a dividend. Northview Apartment REIT pays out 55.2% 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.

Summary

Canadian Apartment Properties REIT beats Northview Apartment REIT on 10 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 investment? We will compare the two companies based on the strength of their earnings, media sentiment, profitability, valuation, institutional ownership, dividends, risk and analyst recommendations.

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%

41.7% of Canadian Apartment Properties REIT shares are held by institutional investors. Comparatively, 33.8% of Killam Apartment REIT shares are held by institutional investors. 0.2% of Canadian Apartment Properties REIT shares are held by insiders. Comparatively, 1.4% of Killam Apartment REIT 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.

Canadian Apartment Properties REIT has a beta of 0.809094, suggesting that its stock price is 19% less volatile than the broader market. Comparatively, Killam Apartment REIT has a beta of 0.787404, suggesting that its stock price is 21% less volatile than the broader market.

Canadian Apartment Properties REIT currently has a consensus target price of C$45.31, suggesting a potential upside of 34.14%. Killam Apartment REIT has a consensus target price of C$20.44, suggesting a potential upside of 9.56%. Given Canadian Apartment Properties REIT's higher probable 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)
0 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
3.00
Killam Apartment REIT
0 Sell rating(s)
0 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
3.00

Killam Apartment 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 Killam Apartment 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$989.93M5.20-C$54.15M-C$0.87N/A
Killam Apartment REITC$390.57M5.73C$310.02MC$0.07277.35

Canadian Apartment Properties REIT pays an annual dividend of C$1.55 per share and has a dividend yield of 4.6%. Killam Apartment REIT pays an annual dividend of C$0.72 per share and has a dividend yield of 3.9%. Canadian Apartment Properties REIT pays out -178.8% of its earnings in the form of a dividend. Killam Apartment REIT pays out 1,070.2% 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 is clearly the better dividend stock, given its higher yield and lower payout ratio.

In the previous week, Killam Apartment REIT had 2 more articles in the media than Canadian Apartment Properties REIT. MarketBeat recorded 10 mentions for Killam Apartment REIT and 8 mentions for Canadian Apartment Properties REIT. Killam Apartment REIT's average media sentiment score of 0.86 beat Canadian Apartment Properties REIT's score of -0.35 indicating that Killam Apartment REIT is being referred to more favorably in the news media.

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

Summary

Killam Apartment REIT beats Canadian Apartment Properties REIT on 11 of the 17 factors compared between the two stocks.

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

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

Canadian Apartment Properties REIT has a consensus target price of C$45.31, suggesting a potential upside of 34.14%. Given Canadian Apartment Properties REIT's stronger consensus rating and higher probable upside, 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
InterRent Real Estate Investment Trust
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)
0 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
3.00

In the previous week, Canadian Apartment Properties REIT had 8 more articles in the media than InterRent Real Estate Investment Trust. MarketBeat recorded 8 mentions for Canadian Apartment Properties REIT and 0 mentions for InterRent Real Estate Investment Trust. InterRent Real Estate Investment Trust's average media sentiment score of 0.00 beat Canadian Apartment Properties REIT's score of -0.35 indicating that InterRent Real Estate Investment Trust is being referred to more favorably in the media.

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
InterRent Real Estate Investment Trust-0.69% -0.06% 2.14%
Canadian Apartment Properties REIT -4.95%-1.08%2.40%

36.1% of InterRent Real Estate Investment Trust shares are owned by institutional investors. Comparatively, 41.7% of Canadian Apartment Properties REIT shares are owned by institutional investors. 4.0% of InterRent Real Estate Investment Trust shares are owned by insiders. Comparatively, 0.2% of Canadian Apartment Properties REIT 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.

InterRent 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 InterRent 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
InterRent Real Estate Investment TrustC$247.25M7.66-C$1.68MC$0.03392.08
Canadian Apartment Properties REITC$989.93M5.20-C$54.15M-C$0.87N/A

InterRent Real Estate Investment Trust has a beta of 0.542974, meaning that its stock price is 46% less volatile than the broader market. Comparatively, Canadian Apartment Properties REIT has a beta of 0.809094, meaning that its stock price is 19% less volatile than the broader market.

InterRent Real Estate Investment Trust pays an annual dividend of C$0.40 per share and has a dividend yield of 2.9%. Canadian Apartment Properties REIT pays an annual dividend of C$1.55 per share and has a dividend yield of 4.6%. 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. Canadian Apartment Properties REIT pays out -178.8% of its earnings in the form of a dividend. Canadian Apartment Properties REIT is clearly the better dividend stock, given its higher yield and lower payout ratio.

Summary

Canadian Apartment Properties REIT beats InterRent Real Estate Investment Trust on 10 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 investment? We will contrast the two companies based on the strength of their dividends, risk, valuation, media sentiment, analyst recommendations, profitability, institutional ownership and earnings.

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%

Canadian Apartment Properties REIT has a beta of 0.809094, suggesting that its share price is 19% less volatile than the broader market. Comparatively, Morguard North American Residential Real Estate Investment Trust has a beta of 0.97477, suggesting that its share price is 3% 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 4.6%. Morguard North American Residential Real Estate Investment Trust pays an annual dividend of C$0.78 per share and has a dividend yield of 4.8%. Canadian Apartment Properties REIT pays out -178.8% of its earnings in the form of a dividend. Morguard North American Residential Real Estate Investment Trust pays out 64.0% 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.

41.7% of Canadian Apartment Properties REIT shares are owned by institutional investors. Comparatively, 2.2% 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 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 8 more articles in the media than Morguard North American Residential Real Estate Investment Trust. MarketBeat recorded 8 mentions for Canadian Apartment Properties REIT and 0 mentions for Morguard North American Residential Real Estate Investment Trust. Morguard North American Residential Real Estate Investment Trust's average media sentiment score of 0.00 beat Canadian Apartment Properties REIT's score of -0.35 indicating that Morguard North American Residential Real Estate Investment Trust is being referred to more favorably in the news media.

Morguard North American Residential Real Estate Investment Trust 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 Morguard North American Residential 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
Canadian Apartment Properties REITC$989.93M5.20-C$54.15M-C$0.87N/A
Morguard North American Residential Real Estate Investment TrustC$349.52M2.44C$139.66MC$1.2213.42

Canadian Apartment Properties REIT presently has a consensus price target of C$45.31, indicating a potential upside of 34.14%. Morguard North American Residential Real Estate Investment Trust has a consensus price target of C$22.67, indicating a potential upside of 38.63%. Given Morguard North American Residential Real Estate Investment Trust's higher probable upside, analysts plainly believe Morguard North American Residential Real Estate Investment Trust is more favorable than Canadian Apartment Properties REIT.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Apartment Properties REIT
0 Sell rating(s)
0 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
3.00
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

Summary

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

Get Canadian Apartment Properties REIT News Delivered to You Automatically

Sign up to receive the latest news and ratings for CAR.UN and its competitors with MarketBeat's FREE daily newsletter.

Subscribe Now
SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

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.
Skip Chart

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.
Skip Chart

CAR.UN vs. The Competition

MetricCanadian Apartment Properties REITResidential REITs IndustryReal Estate SectorTSE Exchange
Market CapC$5.15BC$5.25BC$5.66BC$12.55B
Dividend Yield4.61%5.55%6.19%6.20%
P/E Ratio-38.8964.5230.1330.79
Price / Sales5.20318.78139.779.79
Price / Cash57.9150.0134.5182.29
Price / Book0.611.481.924.65
Net Income-C$54.15MC$238.42M-C$63.69MC$299.09M
7 Day Performance-1.37%0.52%0.29%1.02%
1 Month Performance-3.68%-0.73%-0.01%4.01%
1 Year Performance-19.57%-3.73%13.18%36.32%

Canadian Apartment Properties REIT Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CAR.UN
Canadian Apartment Properties REIT
2.322 of 5 stars
C$33.81
-0.1%
C$45.31
+34.0%
-19.9%C$5.15BC$989.93MN/A908
BEI.UN
Boardwalk Real Estate Investment Trust
2.1447 of 5 stars
C$65.61
0.0%
C$79.28
+20.8%
-8.4%C$3.41BC$650.37MN/A1,558
NVU.UN
Northview Apartment REIT
N/AN/AN/AN/AC$2.51BC$397.19M12.27950
KMP.UN
Killam Apartment REIT
1.9671 of 5 stars
C$18.55
flat
C$20.23
+9.0%
+4.0%C$2.27BC$387.05MN/A616
IIP.UN
InterRent Real Estate Investment Trust
N/AC$13.54
flat
C$13.55
+0.1%
+2.6%C$1.89BC$247.25M392.08359

Related Companies and Tools


This page (TSE:CAR.UN) was last updated on 8/14/2026 by MarketBeat.com Staff.
From Our Partners