Should I buy or sell Choice Properties Real Est Invstmnt Trst stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Choice Properties Real Est Invstmnt Trst in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CHP.UN shares. View CHP.UN analyst ratings or view top-rated stocks .

What is Choice Properties Real Est Invstmnt Trst's stock price target for 2024?

6 Wall Street analysts have issued 1-year target prices for Choice Properties Real Est Invstmnt Trst's shares. Their CHP.UN share price targets range from C$14.00 to C$16.00. On average, they anticipate the company's share price to reach C$15.00 in the next twelve months. This suggests a possible upside of 14.9% from the stock's current price. View analysts price targets for CHP.UN or view top-rated stocks among Wall Street analysts .

How have CHP.UN shares performed in 2024?

Choice Properties Real Est Invstmnt Trst's stock was trading at C$13.95 at the beginning of the year. Since then, CHP.UN stock has decreased by 6.4% and is now trading at C$13.06. View the best growth stocks for 2024 here .

Is Choice Properties Real Est Invstmnt Trst a good dividend stock?

Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) pays an annual dividend of C$0.76 per share and currently has a dividend yield of 5.77%. CHP.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 69.72%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for CHP.UN .

How do I buy shares of Choice Properties Real Est Invstmnt Trst?

Shares of CHP.UN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:CHP.UN

Choice Properties Real Est Invstmnt Trst (CHP.UN) Stock Price, News & Analysis

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C$12.99

-0.07 (-0.54%)

(As of 09:51 AM ET)

Compare

Today's Range: C$12.96
▼
C$13.05
50-Day Range: C$13.06
▼
C$13.89
52-Week Range: C$11.79
▼
C$14.99

Volume: 20,006 shs
Average Volume: 408,392 shs
Market Capitalization: C$4.26 billion

P/E Ratio: 11.92
Dividend Yield: 5.85%
Price Target: C$15.00

Stock Analysis Analyst Forecasts Chart Competitors Headlines

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Choice Properties Real Est Invstmnt Trst MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 14.9% Upside
C$15.00 Price Target
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.29 out of 5 stars

2.3

Analyst's Opinion

Consensus Rating
Choice Properties Real Est Invstmnt Trst has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Choice Properties Real Est Invstmnt Trst has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for CHP.UN.

2.5

Dividend Strength

Dividend Leadership
Choice Properties Real Est Invstmnt Trst is a leading dividend payer. It pays a dividend yield of 5.77%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Choice Properties Real Est Invstmnt Trst does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Choice Properties Real Est Invstmnt Trst is 69.72%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CHP.UN.

0.6

News and Social Media Coverage

Search Interest
1 people have searched for CHP.UN on MarketBeat in the last 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Choice Properties Real Est Invstmnt Trst insiders have not sold or bought any company stock.
Percentage Held by Insiders
15.82% of the stock of Choice Properties Real Est Invstmnt Trst is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 28.38% of the stock of Choice Properties Real Est Invstmnt Trst is held by institutions.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Choice Properties Real Est Invstmnt Trst is 11.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.07.
Price to Earnings Ratio vs. Sector
The P/E ratio of Choice Properties Real Est Invstmnt Trst is 11.98, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 211.73.
Price to Book Value per Share Ratio
Choice Properties Real Est Invstmnt Trst has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Choice Properties Real Est Invstmnt Trst Stock (TSE:CHP.UN)

Choice Properties, Canada's preeminent diversified real estate investment trust, is the owner, manager and developer of a high quality portfolio comprising 756 properties totaling 67.7 million square feet of gross leasable area. The portfolio is comprised of retail properties, predominantly leased to necessity-based tenants, industrial, office and residential assets concentrated in attractive markets and offers an unmatched development pipeline. Choice Properties' strategic alliance with its principal tenant, Loblaw Companies Limited, the country's leading retailer, is a key competitive advantage providing long-term growth opportunities.

CHP.UN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CHP.UN Stock News Headlines

March 28, 2024 | msn.com

Landlords who housed Harry Winston, Versace sue NYC over inflated property taxes after big-name retailers moved out

March 15, 2024 | seekingalpha.com

CHP.UN:CA Choice Properties Real Estate Investment Trust

April 16, 2024 | InvestorPlace (Ad)

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March 14, 2024 | businessinsider.com

A tax expert shares 3 little-known concepts every real-estate investor should know about, including one that could eliminate capital gains taxes

March 13, 2024 | msn.com

Choice Properties Real Estate Investment Trust raises dividend by 1.3% to CAD 0.0633

February 19, 2024 | seekingalpha.com

Alexandria Real Estate: The Time To Buy This Blue-Chip REIT Is Now

February 14, 2024 | msn.com

Choice Properties Real Estate Investment Trust reports Q4 results

December 31, 2023 | news.yahoo.com

Ranked choice voting as reader describes might be key to fairer elections in Kansas | Opinion

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0.189

February 28, 2023 | theglobeandmail.com

Choice Properties is a steady REIT, but where’s the growth?

October 25, 2022 | msn.com

These 4 TSX Dividend Stocks Are a Retiree’s Best Friend

October 12, 2022 | ca.finance.yahoo.com

Choice Properties Real Estate Investment Trust Schedules Third Quarter 2022 Results Release

October 1, 2022 | reuters.com

CHP_u.TO - Choice Properties Real Est Invstmnt Trst | Stock Price & Latest News | Reuters

February 15, 2022 | nz.finance.yahoo.com

Clarion Partners Provides $415 Million Mezzanine Debt Loan for 110-Property Industrial Portfolio

January 17, 2022 | stockhouse.com

Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of January, 2022

See More Headlines

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Real Estate
Industry: REIT - Retail
Sub-Industry: N/A
Current Symbol: TSE:CHP.UN
CUSIP: N/A
CIK: N/A
Web: www.choicereit.ca
Phone: +1-416-3247840
Fax: N/A
Employees: 238
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$15.00
High Stock Price Target: C$16.00
Low Stock Price Target: C$14.00
Potential Upside/Downside: +14.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$1.09
Trailing P/E Ratio: 11.98
Forward P/E Ratio: 13.09
P/E Growth: N/A
Net Income: C$796.69 million
Net Margins: 55.72%
Pretax Margin: N/A
Return on Equity: 19.45%
Return on Assets: 3.57%

Debt

Debt-to-Equity Ratio: 279.73
Current Ratio: 0.43
Quick Ratio: 0.13

Sales & Book Value

Annual Sales: C$1.43 billion
Price / Sales: 2.99
Cash Flow: C$0.13 per share
Price / Cash Flow: 100.13
Book Value: C$13.32 per share
Price / Book: 0.98

Miscellaneous

Outstanding Shares: 327,860,000
Free Float: N/A
Market Cap: C$4.28 billion
Optionable: Not Optionable
Beta: 0.64

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Key Executives

Mr. Rael Lee Diamond CA (Age 42)
Pres & CEO
Mr. Mario Barrafato (Age 54)
Chief Financial Officer
Mr. Stephen E. Johnson (Age 67)
Advisor & Trustee
Mr. Adam Walsh (Age 45)
VP, Gen. Counsel & Sec.
Ms. Kristine Hill
VP of HR

Key Competitors

View All Competitors

CHP.UN Stock Analysis - Frequently Asked Questions

Should I buy or sell Choice Properties Real Est Invstmnt Trst stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Choice Properties Real Est Invstmnt Trst in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CHP.UN shares.
View CHP.UN analyst ratings or view top-rated stocks.
What is Choice Properties Real Est Invstmnt Trst's stock price target for 2024?: 6 Wall Street analysts have issued 1-year target prices for Choice Properties Real Est Invstmnt Trst's shares. Their CHP.UN share price targets range from C$14.00 to C$16.00. On average, they anticipate the company's share price to reach C$15.00 in the next twelve months. This suggests a possible upside of 14.9% from the stock's current price.
View analysts price targets for CHP.UN or view top-rated stocks among Wall Street analysts.
How have CHP.UN shares performed in 2024?: Choice Properties Real Est Invstmnt Trst's stock was trading at C$13.95 at the beginning of the year. Since then, CHP.UN stock has decreased by 6.4% and is now trading at C$13.06.
View the best growth stocks for 2024 here.

Is Choice Properties Real Est Invstmnt Trst a good dividend stock?: Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) pays an annual dividend of C$0.76 per share and currently has a dividend yield of 5.77%. CHP.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 69.72%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CHP.UN.
How do I buy shares of Choice Properties Real Est Invstmnt Trst?: Shares of CHP.UN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:CHP.UN) was last updated on 4/16/2024 by MarketBeat.com Staff

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Choice Properties Real Est Invstmnt Trst (CHP.UN) Stock Price, News & Analysis

Choice Properties Real Est Invstmnt Trst MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

Search Interest

Company Ownership

Earnings and Valuation

About Choice Properties Real Est Invstmnt Trst Stock (TSE:CHP.UN)

CHP.UN Stock Price History

CHP.UN Stock News Headlines

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

CHP.UN Stock Analysis - Frequently Asked Questions

Overall MarketRank^™