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Canadian Apartment Properties REIT (CAR.UN) Competitors

C$48.98
+0.38 (+0.78%)
(As of 07/26/2024 ET)

CAR.UN vs. BEI.UN, NVU.UN, KMP.UN, IIP.UN, RUF.UN, MRG.UN, MI.UN, HOM.U, MHC.UN, and ERE-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 European Residential Real Estate Investment Trust (ERE-UN). These companies are all part of the "reit - residential" industry.

Canadian Apartment Properties REIT vs.

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 superior business? We will compare the two businesses based on the strength of their valuation, institutional ownership, dividends, risk, earnings, media sentiment, analyst recommendations, community ranking and profitability.

In the previous week, Boardwalk Real Estate Investment Trust had 2 more articles in the media than Canadian Apartment Properties REIT. MarketBeat recorded 4 mentions for Boardwalk Real Estate Investment Trust and 2 mentions for Canadian Apartment Properties REIT. Boardwalk Real Estate Investment Trust's average media sentiment score of 1.37 beat Canadian Apartment Properties REIT's score of 0.67 indicating that Boardwalk Real Estate Investment Trust 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)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Boardwalk Real Estate Investment Trust
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Canadian Apartment Properties REIT received 79 more outperform votes than Boardwalk Real Estate Investment Trust when rated by MarketBeat users. Likewise, 61.34% of users gave Canadian Apartment Properties REIT an outperform vote while only 50.10% of users gave Boardwalk Real Estate Investment Trust an outperform vote.

CompanyUnderperformOutperform
Canadian Apartment Properties REITOutperform Votes
338
61.34%
Underperform Votes
213
38.66%
Boardwalk Real Estate Investment TrustOutperform Votes
259
50.10%
Underperform Votes
258
49.90%

Canadian Apartment Properties REIT pays an annual dividend of C$1.45 per share and has a dividend yield of 3.0%. Boardwalk Real Estate Investment Trust pays an annual dividend of C$1.44 per share and has a dividend yield of 1.8%. Canadian Apartment Properties REIT pays out -193.3% of its earnings in the form of a dividend. Boardwalk Real Estate Investment Trust pays out 9.0% 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. Canadian Apartment Properties REIT is clearly the better dividend stock, given its higher yield and lower payout ratio.

43.2% of Canadian Apartment Properties REIT shares are held by institutional investors. Comparatively, 41.5% of Boardwalk Real Estate Investment Trust shares are held by institutional investors. 0.2% of Canadian Apartment Properties REIT shares are held by company insiders. Comparatively, 17.9% of Boardwalk Real Estate Investment Trust shares are held 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 1.19, meaning that its share price is 19% more volatile than the S&P 500. Comparatively, Boardwalk Real Estate Investment Trust has a beta of 1.74, meaning that its share price is 74% more volatile than the S&P 500.

Canadian Apartment Properties REIT currently has a consensus target price of C$56.30, indicating a potential upside of 14.94%. Boardwalk Real Estate Investment Trust has a consensus target price of C$85.93, indicating a potential upside of 8.22%. Given Canadian Apartment Properties REIT's stronger consensus rating and higher probable upside, research 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)
9 Buy rating(s)
1 Strong Buy rating(s)
2.92
Boardwalk Real Estate Investment Trust
0 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.89

Boardwalk 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 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
Canadian Apartment Properties REITC$1.08B7.58-C$126.23M-C$0.75-65.31
Boardwalk Real Estate Investment TrustC$558.58M7.02C$752.43MC$15.934.98

Boardwalk Real Estate Investment Trust has a net margin of 134.70% compared to Canadian Apartment Properties REIT's net margin of -11.69%. Boardwalk Real Estate Investment Trust's return on equity of 18.16% beat Canadian Apartment Properties REIT's return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Apartment Properties REIT-11.69% -2.11% 2.35%
Boardwalk Real Estate Investment Trust 134.70%18.16%2.26%

Summary

Canadian Apartment Properties REIT beats Boardwalk Real Estate Investment Trust on 11 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$8.19BC$1.33BC$1.36BC$5.51B
Dividend Yield3.24%4.80%7.69%5.96%
P/E Ratio-65.31132.09244.4724.62
Price / Sales7.58294.651,625.351,608.78
Price / Cash57.9193.8356.8779.94
Price / Book0.880.781.383.50
Net Income-C$126.23MC$78.87M-C$75.79MC$287.38M
7 Day Performance1.98%1.17%0.21%0.75%
1 Month Performance10.07%4.93%2.92%4.98%
1 Year Performance-4.20%-1.91%-0.56%28.41%

Canadian Apartment Properties REIT Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BEI.UN
Boardwalk Real Estate Investment Trust
1.4367 of 5 stars
1.44 / 5 stars
C$78.85
-0.4%
C$85.93
+9.0%
+15.5%C$3.89BC$558.58M4.951,558Dividend Announcement
Analyst Forecast
News Coverage
Positive News
NVU.UN
Northview Apartment REIT
0 of 5 stars
0.00 / 5 stars
N/AN/AN/AC$2.51BC$397.19M12.27950High Trading Volume
KMP.UN
Killam Apartment REIT
2.8015 of 5 stars
2.80 / 5 stars
C$18.77
-0.6%
C$21.93
+16.8%
+4.2%C$2.23BC$352.76M7.19616Dividend Announcement
IIP.UN
InterRent Real Estate Investment Trust
0.7676 of 5 stars
0.77 / 5 stars
C$12.74
-0.6%
C$15.07
+18.3%
-2.9%C$1.85BC$245.23M53.08359Dividend Announcement
RUF.UN
Pure Multi-Family REIT
0 of 5 stars
0.00 / 5 stars
N/AN/AN/AC$784.44MC$111.01M13.13189
MRG.UN
Morguard North American Residential Real Estate Investment Trust
3.5685 of 5 stars
3.57 / 5 stars
C$16.92
+0.7%
C$20.50
+21.2%
+3.8%C$636.36MC$342.36M3.68N/APositive News
MI.UN
Minto Apartment Real Estate Invt Trust
0 of 5 stars
0.00 / 5 stars
C$15.90
-0.1%
C$20.07
+26.2%
+5.8%C$634.57MC$158.46M-5.70N/A
HOM.U
Bsr Real Estate Investment Trust
1.4664 of 5 stars
1.47 / 5 stars
C$12.34
+0.3%
C$14.25
+15.5%
-11.2%C$410.80MC$168.20M-2.07250Dividend Announcement
News Coverage
MHC.UN
Flagship Communities Real Estate Investment Trust
0 of 5 stars
0.00 / 5 stars
N/AC$19.58
+∞
N/AC$281.10MC$71.05M4.66N/ANews Coverage
High Trading Volume
ERE-UN
European Residential Real Estate Investment Trust
0 of 5 stars
0.00 / 5 stars
C$2.65
-2.2%
N/A-8.6%C$243.16MC$96.74M26.50N/AHigh Trading Volume

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This page (TSE:CAR.UN) was last updated on 7/27/2024 by MarketBeat.com Staff

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