TSE:CHP.UN

Choice Properties Real Est Invstmnt Trst - CHP.UN Stock Forecast, Price & News

C$14.39

+0.04 (+0.28%)

(As of 08/19/2022 12:00 AM ET)

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Today's Range: C$14.27
▼
C$14.41
50-Day Range: C$13.35
▼
C$14.51
52-Week Range: C$13.28
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C$15.91

Volume: 158,964 shs
Average Volume: 425,358 shs
Market Capitalization: C$4.46 billion

P/E Ratio: 27.67
Dividend Yield: 5.16%
Price Target: C$15.33

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

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.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on CHP.UN shares. BMO Capital Markets increased their target price on shares of Choice Properties Real Est Invstmnt Trst from C$15.50 to C$16.00 in a research report on Friday, April 29th. Scotiabank dropped their target price on Choice Properties Real Est Invstmnt Trst from C$15.50 to C$15.00 in a research note on Wednesday, August 3rd. TD Securities upgraded Choice Properties Real Est Invstmnt Trst from a "hold" rating to a "buy" rating and decreased their price target for the company from C$16.00 to C$15.50 in a research note on Monday, June 27th. National Bankshares lowered their price target on Choice Properties Real Est Invstmnt Trst from C$16.00 to C$14.00 and set a "sector perform" rating for the company in a report on Wednesday, July 20th. Finally, Royal Bank of Canada decreased their price objective on shares of Choice Properties Real Est Invstmnt Trst from C$16.00 to C$15.00 and set a "sector perform" rating for the company in a research report on Monday, July 25th.

Choice Properties Real Est Invstmnt Trst Stock Performance

Shares of CHP.UN Stock traded up C$0.01 on Friday, hitting C$14.36. The company had a trading volume of 64,988 shares, compared to its average volume of 424,739. The firm has a market cap of C$4.45 billion and a P/E ratio of 27.58. Choice Properties Real Est Invstmnt Trst has a twelve month low of C$13.28 and a twelve month high of C$15.91. The company has a 50-day moving average price of C$13.95 and a 200-day moving average price of C$14.67. The company has a quick ratio of 0.15, a current ratio of 0.54 and a debt-to-equity ratio of 340.86.

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CHP.UN Stock News Headlines

August 11, 2022 | americanbankingnews.com

Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) Shares Cross Below 200 Day Moving Average of $14.67

August 6, 2022 | americanbankingnews.com

Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) PT Lowered to C$15.00 at Scotiabank

July 27, 2022 | americanbankingnews.com

Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) PT Lowered to C$15.00

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

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

December 29, 2019 | markets.ft.com

RioCan Real Estate Investment Trust

October 30, 2019 | markets.ft.com

Choice Properties Real Estate Investment Trust

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: REIT - Retail
Sub-Industry: N/A
Sector: Real Estate
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 Forecast: C$15.33
High Stock Price Forecast: C$16.50
Low Stock Price Forecast: C$14.00
Forecasted Upside/Downside: +6.6%
Consensus Rating: Hold
Rating Score (0-4): 2.25
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 27.67
Forward P/E Ratio: 9.17
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 340.86
Current Ratio: 0.54
Quick Ratio: 0.15

Sales & Book Value

Annual Sales: C$1.44 billion
Price / Sales: 3.10
Cash Flow: C$0.10 per share
Price / Cash Flow: 142.97
Book Value: C$10.91 per share
Price / Book: 1.32

Miscellaneous

Outstanding Shares: 309,610,000
Free Float: N/A
Market Cap: C$4.46 billion
Optionable: Not Optionable
Beta: N/A

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 - Frequently Asked Questions

Should I buy or sell Choice Properties Real Est Invstmnt Trst stock right now?: 4 Wall Street research 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 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" CHP.UN shares. 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 CHP.UN analyst ratings or view top-rated stocks.
What is Choice Properties Real Est Invstmnt Trst's stock price forecast for 2022?: 4 brokers have issued 1 year price objectives for Choice Properties Real Est Invstmnt Trst's shares. Their CHP.UN share price forecasts range from C$14.00 to C$16.50. On average, they predict the company's stock price to reach C$15.33 in the next year. This suggests a possible upside of 6.6% 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 2022?: Choice Properties Real Est Invstmnt Trst's stock was trading at C$15.19 at the beginning of 2022. Since then, CHP.UN shares have decreased by 5.3% and is now trading at C$14.38.
View the best growth stocks for 2022 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$0.74 per share and currently has a dividend yield of 5.16%. 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 142.30%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for CHP.UN.

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 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.
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$14.38.
How much money does Choice Properties Real Est Invstmnt Trst make?: Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) has a market capitalization of C$4.45 billion and generates C$1.44 billion in revenue each year.
How many employees does Choice Properties Real Est Invstmnt Trst have?: The company employs 238 workers across the globe.
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 official website for the company is www.choicereit.ca. The real estate investment trust can be reached via phone at +1-416-3247840.

This page (TSE:CHP.UN) was last updated on 8/19/2022 by MarketBeat.com Staff

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