TSE:CHP.UN

Choice Properties Real Est Invstmnt Trst Stock Forecast, Price & News

C$14.91

+0.06 (+0.40 %)

(As of 09/22/2021 12:00 AM ET)

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Today's Range

C$14.81

▼

C$14.99

50-Day Range

C$14.44

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C$15.25

52-Week Range

C$11.94

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C$15.30

Volume423,175 shs

Average Volume463,761 shs

Market CapitalizationC$4.88 billion

P/E Ratio20.68

Dividend Yield4.98%

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About Choice Properties Real Est Invstmnt Trst

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.

Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) Sets New 1-Year High at $15.23
September 2, 2021 | americanbankingnews.com

Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) Trading Up 1.3%
September 2, 2021 | americanbankingnews.com

RioCan Real Estate Investment Trust
December 29, 2019 | markets.ft.com

Choice Properties Real Estate Investment Trust
October 30, 2019 | markets.ft.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE
Industry REIT - Retail
Sub-IndustryN/A
SectorReal Estate
Current SymbolTSE:CHP.UN
Previous Symbol
CUSIPN/A
CIKN/A
Webwww.choicereit.ca
Phone+1-416-3247840
Employees238
Year FoundedN/A

Sales & Book Value

Annual SalesC$1.33 billion
Price / Sales3.67
Cash FlowC$0.03 per share
Price / Cash Flow452.12
Book ValueC$10.46 per share
Price / Book1.43

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares327,362,000
Market CapC$4.88 billion
Next Earnings DateN/A
OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

1.16 out of 5 stars

1.0 Analyst's Opinion

Consensus Rating
Choice Properties Real Est Invstmnt Trst has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$15.25, Choice Properties Real Est Invstmnt Trst has a forecasted upside of 2.3% from its current price of C$14.91.
Amount of Analyst Coverage
Choice Properties Real Est Invstmnt Trst has only been the subject of 4 research reports in the past 90 days.

2.5 Community Rank

Outperform Votes
Choice Properties Real Est Invstmnt Trst has received 99 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Choice Properties Real Est Invstmnt Trst has received 156 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Choice Properties Real Est Invstmnt Trst has received 61.18% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Choice Properties Real Est Invstmnt Trst and other stocks. Vote “Outperform” if you believe CHP.UN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CHP.UN will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Choice Properties Real Est Invstmnt Trst is a leading dividend payer. It pays a dividend yield of 4.98%, 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 102.63%. Payout ratios above 75% are not desirable because they may not be sustainable.

0.0 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.

0.6 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Choice Properties Real Est Invstmnt Trst is 20.68, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.38.
Price to Earnings Ratio vs. Sector
The P/E ratio of Choice Properties Real Est Invstmnt Trst is 20.68, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 36.29.
Price to Book Value per Share Ratio
Choice Properties Real Est Invstmnt Trst has a P/B Ratio of 1.43. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) Frequently Asked Questions

Is Choice Properties Real Est Invstmnt Trst a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Choice Properties Real Est Invstmnt Trst in the last year. There are currently 4 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Choice Properties Real Est Invstmnt Trst stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CHP.UN, but not buy additional shares or sell existing shares.
View analyst ratings for Choice Properties Real Est Invstmnt Trst or view top-rated stocks.

What stocks does MarketBeat like better than Choice Properties Real Est Invstmnt Trst?

Wall Street analysts have given Choice Properties Real Est Invstmnt Trst a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Choice Properties Real Est Invstmnt Trst wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

How has Choice Properties Real Est Invstmnt Trst's stock price been impacted by COVID-19 (Coronavirus)?

Choice Properties Real Est Invstmnt Trst's stock was trading at C$12.80 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CHP.UN stock has increased by 16.5% and is now trading at C$14.91.
View which stocks have been most impacted by COVID-19.

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

Choice Properties Real Est Invstmnt Trst pays an annual dividend of C$0.74 per share and currently has a dividend yield of 4.98%. CHP.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Choice Properties Real Est Invstmnt Trst is 102.63%. Payout ratios above 75% are not desirable because they may not be sustainable.
View Choice Properties Real Est Invstmnt Trst's dividend history.

What price target have analysts set for CHP.UN?

4 brokers have issued 1 year target prices for Choice Properties Real Est Invstmnt Trst's shares. Their forecasts range from C$14.50 to C$16.00. On average, they expect Choice Properties Real Est Invstmnt Trst's stock price to reach C$15.25 in the next year. This suggests a possible upside of 2.3% from the stock's current price.
View analysts' price targets for Choice Properties Real Est Invstmnt Trst or view top-rated stocks among Wall Street analysts.

Who are Choice Properties Real Est Invstmnt Trst's key executives?

Choice Properties Real Est Invstmnt Trst's management team includes the following people:

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

Who are some of Choice Properties Real Est Invstmnt Trst's key competitors?

Some companies that are related to Choice Properties Real Est Invstmnt Trst include RioCan Real Estate Investment Trust (REI.UN), SmartCentres Real Estate Investment Trst (SRU.UN), British Land (BLND), CT Real Estate Investment Trust (CRT.UN), Shaftesbury (SHB), Hammerson (HMSO), Supermarket Income REIT (SUPR), Plaza Retail REIT (PLZ.UN), Slate Retail REIT (SRT.UN), NewRiver REIT (NRR), Capital & Regional (CAL), Intu Properties (INTU), The Local Shopping REIT PLC (LSR.L) (LSR), APN Convenience Retail REIT (AQR) and Aventus Group (AVN).
View all of CHP.UN's competitors.

What is Choice Properties Real Est Invstmnt Trst's stock symbol?

Choice Properties Real Est Invstmnt Trst trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CHP.UN."

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

Shares of CHP.UN 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.

What is Choice Properties Real Est Invstmnt Trst's stock price today?

One share of CHP.UN stock can currently be purchased for approximately C$14.91.

How much money does Choice Properties Real Est Invstmnt Trst make?

Choice Properties Real Est Invstmnt Trst has a market capitalization of C$4.88 billion and generates C$1.33 billion in revenue each year.

How many employees does Choice Properties Real Est Invstmnt Trst have?

Choice Properties Real Est Invstmnt Trst employs 238 workers across the globe.

What is Choice Properties Real Est Invstmnt Trst's official website?

The official website for Choice Properties Real Est Invstmnt Trst is www.choicereit.ca.

Where are Choice Properties Real Est Invstmnt Trst's headquarters?

Choice Properties Real Est Invstmnt Trst is headquartered at 22 St Clair Ave E Suite 500, TORONTO, ON M4T 2S5, Canada.

How can I contact Choice Properties Real Est Invstmnt Trst?

Choice Properties Real Est Invstmnt Trst's mailing address is 22 St Clair Ave E Suite 500, TORONTO, ON M4T 2S5, Canada. The real estate investment trust can be reached via phone at +1-416-3247840.

This page was last updated on 9/23/2021 by MarketBeat.com Staff

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