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Canadian Apartment Properties REIT (CAR.UN) Competitors

Canadian Apartment Properties REIT logo
C$34.94 +0.15 (+0.43%)
As of 04:00 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?

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 stock? We will compare the two companies based on the strength of their dividends, earnings, analyst recommendations, risk, media sentiment, profitability, valuation and institutional ownership.

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 an annual dividend of C$1.55 per share and has a dividend yield of 4.4%. 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 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 has a beta of 0.402909, meaning that its stock price is 60% less volatile than the broader market. Comparatively, Canadian Apartment Properties REIT has a beta of 0.74475, meaning that its stock price is 26% less volatile than the broader market.

Boardwalk Real Estate Investment Trust presently has a consensus target price of C$79.50, indicating a potential upside of 22.48%. Canadian Apartment Properties REIT has a consensus target price of C$46.56, indicating a potential upside of 33.26%. Given Canadian Apartment Properties REIT's stronger consensus rating and higher possible upside, 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
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
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67

Boardwalk Real Estate Investment Trust has higher earnings, but lower revenue 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
Boardwalk Real Estate Investment TrustC$646.76M5.23C$679.42MC$0.9171.33
Canadian Apartment Properties REITC$997.95M5.36-C$54.15MC$0.014,096.61

32.0% of Boardwalk Real Estate Investment Trust shares are held by institutional investors. Comparatively, 42.0% of Canadian Apartment Properties REIT shares are held by institutional investors. 17.9% of Boardwalk Real Estate Investment Trust shares are held by company insiders. Comparatively, 0.2% of Canadian Apartment Properties REIT shares are held 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.

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%

In the previous week, Boardwalk Real Estate Investment Trust's average media sentiment score of 0.00 equaled Canadian Apartment Properties REIT'saverage media sentiment score.

Summary

Canadian Apartment Properties REIT beats Boardwalk Real Estate Investment Trust on 9 of the 16 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 compare the two businesses based on the strength of their earnings, risk, media sentiment, analyst recommendations, institutional ownership, dividends, valuation and profitability.

42.0% 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 endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

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$997.95M5.36-C$54.15MC$0.014,096.61

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 4.4%. 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.

Canadian Apartment Properties REIT has a consensus price target of C$46.56, suggesting a potential upside of 33.26%. Given Canadian Apartment Properties REIT's stronger consensus rating and higher possible 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

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%

In the previous week, Northview Apartment REIT's average media sentiment score of 0.00 equaled Canadian Apartment Properties REIT'saverage media sentiment score.

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

Summary

Canadian Apartment Properties REIT beats Northview Apartment REIT on 9 of the 14 factors compared between the two stocks.

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

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

Killam Apartment REIT has a beta of 0.600215, suggesting that its stock price is 40% less volatile than the broader market. Comparatively, Canadian Apartment Properties REIT has a beta of 0.74475, suggesting that its stock price is 26% less volatile than the broader market.

In the previous week, Killam Apartment REIT had 1 more articles in the media than Canadian Apartment Properties REIT. MarketBeat recorded 1 mentions for Killam Apartment REIT and 0 mentions for Canadian Apartment Properties REIT. Killam Apartment REIT's average media sentiment score of 0.00 equaled Canadian Apartment Properties REIT'saverage media sentiment score.

Company Overall Sentiment
Killam Apartment REIT Neutral
Canadian Apartment Properties REIT 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
Killam Apartment REIT86.91% 12.07% 2.57%
Canadian Apartment Properties REIT -4.95%-1.08%2.40%

34.8% of Killam Apartment REIT shares are held by institutional investors. Comparatively, 42.0% of Canadian Apartment Properties REIT shares are held by institutional investors. 1.4% of Killam Apartment REIT 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, large money managers and endowments believe a company is poised for long-term growth.

Killam Apartment REIT currently has a consensus price target of C$20.23, indicating a potential upside of 11.86%. Canadian Apartment Properties REIT has a consensus price target of C$46.56, indicating a potential upside of 33.26%. 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
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
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67

Killam Apartment REIT has higher earnings, but lower revenue 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
Killam Apartment REITC$387.05M5.70C$310.02M-C$0.20N/A
Canadian Apartment Properties REITC$997.95M5.36-C$54.15MC$0.014,096.61

Killam Apartment REIT pays an annual dividend of C$0.72 per share and has a dividend yield of 4.0%. Canadian Apartment Properties REIT pays an annual dividend of C$1.55 per share and has a dividend yield of 4.4%. Killam Apartment REIT pays out -368.7% 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.

Summary

Killam Apartment REIT beats Canadian Apartment Properties REIT on 10 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 businesses based on the strength of their risk, dividends, profitability, earnings, analyst recommendations, institutional ownership, valuation and media sentiment.

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%

39.7% of InterRent Real Estate Investment Trust shares are held by institutional investors. Comparatively, 42.0% of Canadian Apartment Properties REIT shares are held by institutional investors. 4.0% of InterRent 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 large money managers, endowments and hedge funds believe a company is poised for long-term growth.

InterRent Real Estate Investment Trust pays an annual dividend of C$0.40 per share and has a dividend yield of 3.0%. Canadian Apartment Properties REIT pays an annual dividend of C$1.55 per share and has a dividend yield of 4.4%. 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 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 has higher earnings, but lower revenue 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
InterRent Real Estate Investment TrustC$247.25M7.37-C$1.68MC$0.03377.31
Canadian Apartment Properties REITC$997.95M5.36-C$54.15MC$0.014,096.61

InterRent Real Estate Investment Trust has a beta of 0.464182, suggesting that its share price is 54% less volatile than the broader market. Comparatively, Canadian Apartment Properties REIT has a beta of 0.74475, suggesting that its share price is 26% less volatile than the broader market.

In the previous week, InterRent Real Estate Investment Trust had 2 more articles in the media than Canadian Apartment Properties REIT. MarketBeat recorded 2 mentions for InterRent Real Estate Investment Trust and 0 mentions for Canadian Apartment Properties REIT. InterRent Real Estate Investment Trust's average media sentiment score of 0.69 beat Canadian Apartment Properties REIT's score of 0.00 indicating that InterRent Real Estate Investment Trust is being referred to more favorably in the media.

InterRent Real Estate Investment Trust presently has a consensus target price of C$13.64, suggesting a potential upside of 4.68%. Canadian Apartment Properties REIT has a consensus target price of C$46.56, suggesting a potential upside of 33.26%. 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
2 Sell rating(s)
3 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.60
Canadian Apartment Properties REIT
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67

Summary

InterRent Real Estate Investment Trust and Canadian Apartment Properties REIT tied by winning 9 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?

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

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
Morguard North American Residential Real Estate Investment Trust40.48% 6.98% 2.44%
Canadian Apartment Properties REIT -4.95%-1.08%2.40%

2.3% of Morguard North American Residential Real Estate Investment Trust shares are held by institutional investors. Comparatively, 42.0% of Canadian Apartment Properties REIT shares are held by institutional investors. 26.4% of Morguard North American Residential 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, large money managers and endowments believe a stock will outperform the market over the long term.

Morguard North American Residential Real Estate Investment Trust has a beta of 0.937327, meaning that its stock price is 6% less volatile than the broader market. Comparatively, Canadian Apartment Properties REIT has a beta of 0.74475, meaning that its stock price is 26% less volatile than the broader market.

Morguard North American Residential Real Estate Investment Trust pays an annual dividend of C$0.77 per share and has a dividend yield of 4.6%. Canadian Apartment Properties REIT pays an annual dividend of C$1.55 per share and has a dividend yield of 4.4%. Morguard North American Residential Real Estate Investment Trust pays out 47.5% 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. Morguard North American Residential Real Estate Investment Trust is clearly the better dividend stock, given its higher yield and lower payout ratio.

In the previous week, Morguard North American Residential Real Estate Investment Trust's average media sentiment score of 0.00 equaled Canadian Apartment Properties REIT'saverage media sentiment score.

Morguard North American Residential Real Estate Investment Trust presently has a consensus price target of C$22.25, suggesting a potential upside of 33.47%. Canadian Apartment Properties REIT has a consensus price target of C$46.56, suggesting a potential upside of 33.26%. Given Morguard North American Residential Real Estate Investment Trust's higher probable upside, analysts clearly 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
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
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 has higher earnings, but lower revenue 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
Morguard North American Residential Real Estate Investment TrustC$350.84M2.48C$139.66MC$1.6310.26
Canadian Apartment Properties REITC$997.95M5.36-C$54.15MC$0.014,096.61

Summary

Morguard North American Residential Real Estate Investment Trust beats Canadian Apartment Properties REIT on 10 of the 15 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$5.35BC$1.23BC$2.02BC$12.16B
Dividend Yield4.46%4.81%7.18%6.20%
P/E Ratio4,096.61241.1429.4037.64
Price / Sales5.36368.62816.7711.68
Price / Cash57.91107.6868.0582.29
Price / Book0.630.661.314.50
Net Income-C$54.15MC$64.85M-C$124.57MC$299.09M
7 Day Performance4.74%1.36%-0.07%1.38%
1 Month Performance-5.75%1.86%-1.13%1.46%
1 Year Performance-15.58%3.11%3.45%55.45%

Canadian Apartment Properties REIT Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CAR.UN
Canadian Apartment Properties REIT
2.1648 of 5 stars
C$34.94
+0.4%
C$46.56
+33.3%
-15.9%C$5.35BC$997.95M4,096.61908
BEI.UN
Boardwalk Real Estate Investment Trust
N/AC$63.42
+0.1%
C$79.50
+25.4%
-0.3%C$3.31BC$646.76M69.691,558
NVU.UN
Northview Apartment REIT
N/AN/AN/AN/AC$2.51BC$397.19M12.27950
KMP.UN
Killam Apartment REIT
2.2076 of 5 stars
C$17.55
-2.2%
C$20.23
+15.2%
+1.4%C$2.14BC$387.05MN/A616
IIP.UN
InterRent Real Estate Investment Trust
0.7718 of 5 stars
C$13.13
-0.4%
C$13.53
+3.0%
+11.4%C$1.84BC$247.25M380.21359

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This page (TSE:CAR.UN) was last updated on 5/25/2026 by MarketBeat.com Staff.
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