TSE:CHP.UN

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

C$13.08
-0.01 (-0.08%)
(As of 04/23/2024 ET)
Today's Range
C$13.04
C$13.17
50-Day Range
C$12.88
C$13.89
52-Week Range
C$11.79
C$14.99
Volume
575,578 shs
Average Volume
415,826 shs
Market Capitalization
C$4.29 billion
P/E Ratio
12.00
Dividend Yield
5.81%
Price Target
C$15.00

Choice Properties Real Est Invstmnt Trst MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
14.7% 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.

1.89 out of 5 stars

CHP.UN stock logo

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

CHP.UN Stock News Headlines

SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
0.189
Choice Properties is a steady REIT, but where’s the growth?
See More Headlines
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Industry, Sector and Symbol

Industry
REIT - Retail
Sub-Industry
N/A
Current Symbol
TSE:CHP.UN
CIK
N/A
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
+14.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
C$796.69 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$1.43 billion
Cash Flow
C$0.13 per share
Book Value
C$13.32 per share

Miscellaneous

Free Float
N/A
Market Cap
C$4.31 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

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 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 target for 2024?

6 Wall Street research analysts have issued 1 year price objectives 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 predict the company's stock price to reach C$15.00 in the next twelve months. This suggests a possible upside of 14.7% 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 start of the year. Since then, CHP.UN shares have decreased by 6.2% and is now trading at C$13.08.
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 4/23/2024 by MarketBeat.com Staff

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