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

Company Overview

Choice Properties Real Estate Investment Trust invests in, manages, and develops retail and commercial properties across Canada. The company's portfolio primarily consists of shopping centers anchored by supermarkets and stand-alone supermarkets. The properties are mostly located in Ontario and Quebec, followed by Alberta, Nova Scotia, British Columbia, and New Brunswick. Choice Properties generate the majority of revenue from leasing properties to its tenants. The company's principal tenant, the large-format retailer Loblaw Companies, contributes the vast majority of the total rent.

Key Stats

• Today's Range: C$14.48 to C$14.74
• 50-Day Range: C$14.20 to C$15.35
• 52-Week Range: C$12.51 to C$15.45
• Volume: 837,581 shs
• Average Volume: 452,744 shs
• Market Capitalization: C$10.56 billion
• P/E Ratio: N/A
• Dividend Yield: 5.23%
• Price Target: C$15.86
• Consensus Rating: Hold

Choice Properties Real Est Invstmnt Trst Stock Analysis - MarketRank™

Choice Properties Real Est Invstmnt Trst scored higher than 31% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Hold

Consensus Rating

Choice Properties Real Est Invstmnt Trst has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Choice Properties Real Est Invstmnt Trst is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Choice Properties Real Est Invstmnt Trst has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Choice Properties Real Est Invstmnt Trst is -86.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Choice Properties Real Est Invstmnt Trst is -86.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

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.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

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

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Choice Properties Real Est Invstmnt Trst is a leading dividend payer. It pays a dividend yield of 5.33%, 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.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

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

News and Social Media

• Score: 2.8 / 5
• News Sentiment: N/A

News Sentiment

Choice Properties Real Est Invstmnt Trst has a news sentiment score of 1.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.83 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Choice Properties Real Est Invstmnt Trst this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

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 13.17% of the stock of Choice Properties Real Est Invstmnt Trst is held by institutions.

CHP.UN Stock Analysis - Frequently Asked Questions

How have CHP.UN shares performed this year?

Choice Properties Real Est Invstmnt Trst's stock was trading at C$13.35 at the beginning of the year. Since then, CHP.UN shares have increased by 9.3% and is now trading at C$14.59.

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.

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Real Estate
• Industry: REIT - Retail
• Sub-Industry: N/A
• Current Symbol: TSE:CHP.UN
• 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 Price Target for Choice Properties Real Est Invstmnt Trst: C$15.86
• High Price Target: C$16.00
• Low Price Target: C$15.50
• Potential Upside/Downside: +8.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): C($0.17)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$645.73 million
• Net Margins: 44.96%
• Pretax Margin: N/A
• Return on Equity: 13.73%
• Return on Assets: 3.61%

Debt

• Debt-to-Equity Ratio: 249.71
• Current Ratio: 0.70
• Quick Ratio: 0.13

Sales & Book Value

• Annual Sales: C$1.38 billion
• Price / Sales: 7.64
• Cash Flow: C$0.15 per share
• Price / Cash Flow: 100.13
• Book Value: C$14.94 per share
• Price / Book: 0.98

Miscellaneous

• Outstanding Shares: 723,811,000
• Free Float: N/A
• Market Cap: C$10.56 billion
• Optionable: Not Optionable
• Beta: 0.74