TSE:CHP.UN

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

C$12.68

-0.04 (-0.31%)

(As of 09/29/2023 ET)

Compare

Today's Range: C$12.66
▼
C$12.93
50-Day Range: C$12.62
▼
C$14.14
52-Week Range: C$12.18
▼
C$15.77

Volume: 466,827 shs
Average Volume: 370,813 shs
Market Capitalization: C$4.16 billion

P/E Ratio: 7.83
Dividend Yield: 5.91%
Price Target: C$15.34

Profile Analyst Ratings Chart Competitors Headlines Social Media

Choice Properties Real Est Invstmnt Trst MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 21.0% Upside
C$15.34 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^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.05 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.
Price Target Upside/Downside
According to analysts' consensus price target of C$15.34, Choice Properties Real Est Invstmnt Trst has a forecasted upside of 21.0% from its current price of C$12.68.
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 5.70%, 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 46.30%. 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.

2.6

News and Social Media Coverage

News Sentiment
Choice Properties Real Est Invstmnt Trst has a news sentiment score of 0.67. 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 0.45 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.

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
15.76% 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 29.88% 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 7.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.35.
Price to Earnings Ratio vs. Sector
The P/E ratio of Choice Properties Real Est Invstmnt Trst is 7.83, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 142.77.
Price to Book Value per Share Ratio
Choice Properties Real Est Invstmnt Trst has a P/B Ratio of 0.92. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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.

CHP.UN Price History

30 days | 90 days | 365 days | Advanced Chart

CHP.UN Stock News Headlines

September 28, 2023 | americanbankingnews.com

Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) Shares Pass Below Two Hundred Day Moving Average of $13.76

September 20, 2023 | americanbankingnews.com

Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) Stock Crosses Below 200 Day Moving Average of $13.82

September 30, 2023 | Behind the Markets (Ad)

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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

September 30, 2023 | Behind the Markets (Ad)

AI Creates New Cancer Drug - In Just 30 Days!

January 17, 2022 | stockhouse.com

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

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

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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$15.34
High Stock Price Forecast: C$16.00
Low Stock Price Forecast: C$14.00
Forecasted Upside/Downside: +20.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$1.62
Trailing P/E Ratio: 7.85
Forward P/E Ratio: 12.91
P/E Growth: N/A
Net Income: C$1.18 billion
Net Margins: 100.46%
Pretax Margin: N/A
Return on Equity: 29.08%
Return on Assets: 2.85%

Debt

Debt-to-Equity Ratio: 266.70
Current Ratio: 0.36
Quick Ratio: 0.13

Sales & Book Value

Annual Sales: C$1.17 billion
Price / Sales: 3.56
Cash Flow: C$0.13 per share
Price / Cash Flow: 100.13
Book Value: C$13.75 per share
Price / Book: 0.93

Miscellaneous

Outstanding Shares: 327,860,000
Free Float: N/A
Market Cap: C$4.17 billion
Optionable: Not Optionable
Beta: 0.63

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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 - 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 year. 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 forecast for 2023?: 6 Wall Street analysts 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$16.00. On average, they predict the company's stock price to reach C$15.34 in the next year. This suggests a possible upside of 20.6% 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 2023?: Choice Properties Real Est Invstmnt Trst's stock was trading at C$14.76 at the start of the year. Since then, CHP.UN stock has decreased by 13.8% and is now trading at C$12.72.
View the best growth stocks for 2023 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$0.75 per share and currently has a dividend yield of 5.70%. 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 46.30%. This payout ratio is at a healthy, sustainable level, below 75%.
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$12.72.
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$4.17 billion and generates C$1.17 billion in revenue each year. The real estate investment trust earns C$1.18 billion in net income (profit) each year or C$1.62 on an earnings per share basis.
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 9/30/2023 by MarketBeat.com Staff

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

Choice Properties Real Est Invstmnt Trst MarketRank™ Forecast

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

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

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

CHP.UN 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 - Frequently Asked Questions

Overall MarketRank^™