Should I buy or sell Killam Apartment REIT stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Killam Apartment REIT in the last twelve months. There are currently 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" KMP.UN shares. View KMP.UN analyst ratings or view top-rated stocks .

What is Killam Apartment REIT's stock price target for 2024?

10 Wall Street analysts have issued 1 year price objectives for Killam Apartment REIT's stock. Their KMP.UN share price targets range from C$20.50 to C$23.50. On average, they anticipate the company's share price to reach C$22.20 in the next twelve months. This suggests a possible upside of 30.7% from the stock's current price. View analysts price targets for KMP.UN or view top-rated stocks among Wall Street analysts .

How have KMP.UN shares performed in 2024?

Killam Apartment REIT's stock was trading at C$17.96 at the beginning of the year. Since then, KMP.UN stock has decreased by 5.4% and is now trading at C$16.99. View the best growth stocks for 2024 here .

How often does Killam Apartment REIT pay dividends? What is the dividend yield for Killam Apartment REIT?

Killam Apartment REIT declared a monthly dividend on Monday, April 29th. Investors of record on Wednesday, May 15th will be paid a dividend of 0.0583 per share on Wednesday, May 15th. This represents a $0.70 annualized dividend and a dividend yield of 4.12%. The ex-dividend date of this dividend is Monday, April 29th. Read our dividend analysis for KMP.UN .

Is Killam Apartment REIT a good dividend stock?

Killam Apartment REIT (TSE:KMP.UN) pays an annual dividend of C$0.70 per share and currently has a dividend yield of 3.76%. The dividend payout ratio is 31.11%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for KMP.UN .

How do I buy shares of Killam Apartment REIT?

Shares of KMP.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 .

TSE:KMP.UN

Killam Apartment REIT (KMP.UN) Stock Price, News & Analysis

→ REVEALED: Elon Musk’s Secret A.I. Facility? (From InvestorPlace) (Ad)

Free KMP.UN Stock Alerts

C$16.93

-0.06 (-0.35%)

(As of 10:45 AM ET)

Compare

Today's Range: C$16.79
▼
C$17.29
50-Day Range: C$17.26
▼
C$19.94
52-Week Range: C$15.36
▼
C$20.13

Volume: 54,525 shs
Average Volume: 234,945 shs
Market Capitalization: C$2.00 billion

P/E Ratio: 7.52
Dividend Yield: 4.13%
Price Target: C$22.20

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines

Get Killam Apartment REIT alerts:

Killam Apartment REIT MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.80 Rating Score
Upside/Downside: 30.7% Upside
C$22.20 Price Target
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.59
Based on 4 Articles This Week
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.

4.12 out of 5 stars

4.4

Analyst's Opinion

Consensus Rating
Killam Apartment REIT has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 8 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Killam Apartment REIT has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for KMP.UN.

2.5

Dividend Strength

Dividend Leadership
Killam Apartment REIT is a leading dividend payer. It pays a dividend yield of 3.76%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Killam Apartment REIT does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Killam Apartment REIT is 31.11%. 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 KMP.UN.

3.1

News and Social Media Coverage

News Sentiment
Killam Apartment REIT has a news sentiment score of 0.59. 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 0.41 average news sentiment score of Real Estate companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Killam Apartment REIT this week, compared to 0 articles on an average week.
MarketBeat Follows
1 people have added Killam Apartment REIT to their MarketBeat watchlist in the last 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Killam Apartment REIT insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.40% of the stock of Killam Apartment REIT is held by insiders.
Percentage Held by Institutions
42.46% of the stock of Killam Apartment REIT is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Killam Apartment REIT is 7.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.84.
Price to Earnings Ratio vs. Sector
The P/E ratio of Killam Apartment REIT is 7.55, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 211.73.
Price to Book Value per Share Ratio
Killam Apartment REIT has a P/B Ratio of 0.81. 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

Ad InvestorPlace

Elon Musk’s ChatGPT Could Soon Mint New Millionaires

Elon Musk made $180 million on PayPal… $47 Billion on SpaceX…and $94.2 Billion on Tesla. He’s about to shock the world again with his version of ChatGPT.

And you could go along for the ride if you make this one simple move.

About Killam Apartment REIT Stock (TSE:KMP.UN)

Killam Apartment REIT, based in Halifax, Nova Scotia, is one of Canada's largest residential landlords, owning, operating, managing and developing a $2.8 billion portfolio of apartments and manufactured home communities. Killam's strategy to enhance value and profitability focuses on three priorities: 1) increasing earnings from existing operations, 2) expanding the portfolio and diversifying geographically through accretive acquisitions, with an emphasis on newer properties, and 3) developing high-quality properties in its core markets.

KMP.UN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

KMP.UN Stock News Headlines

April 15, 2024 | ca.finance.yahoo.com

Killam Apartment REIT Announces April 2024 Distribution

April 11, 2024 | americanbankingnews.com

Killam Apartment REIT (TSE:KMP.UN) Given Consensus Rating of "Moderate Buy" by Analysts

April 16, 2024 | InvestorPlace (Ad)

Elon Musk’s ChatGPT Could Soon Mint New Millionaires

Elon Musk made $180 million on PayPal… $47 Billion on SpaceX…and $94.2 Billion on Tesla. He’s about to shock the world again with his version of ChatGPT.

April 5, 2024 | seekingalpha.com

KMMPF Killam Apartment REIT

April 3, 2024 | ca.finance.yahoo.com

Killam Apartment REIT Announces Timing of Q1 2024 Results and Webcast

March 22, 2024 | ca.finance.yahoo.com

Killam Apartment REIT Stock: Buy, Sell, or Hold?

January 24, 2024 | msn.com

Don’t Look Now, But These 3 TSX Stocks Look Poised for a Nice Rally

January 15, 2024 | finance.yahoo.com

Killam Apartment REIT Announces January 2024 Distribution

April 16, 2024 | InvestorPlace (Ad)

Elon Musk’s ChatGPT Could Soon Mint New Millionaires

Elon Musk made $180 million on PayPal… $47 Billion on SpaceX…and $94.2 Billion on Tesla. He’s about to shock the world again with his version of ChatGPT.

December 25, 2023 | msn.com

The Fed’s Dovish Turn: 2 REITs That Could Soar Into the 2024 Rate Cuts

December 18, 2023 | finance.yahoo.com

Killam Apartment REIT Announces December 2023 Distribution

December 11, 2023 | msn.com

2 Top Stocks to Buy Without Hesitation in December 2023

November 20, 2023 | msn.com

4 Amazing Canadian REITs to Secure Your Future

October 16, 2023 | ca.finance.yahoo.com

Killam Apartment REIT Announces October 2023 Distribution

September 15, 2023 | ca.finance.yahoo.com

Killam Apartment REIT Announces September 2023 Distribution

September 13, 2023 | msn.com

Killam Apartment REIT announces disposition of Parkwood Apartments in Saint John

August 14, 2023 | markets.businessinsider.com

Raymond James Maintains Their Buy Rating on Killam Apartment REIT Un (KMP.UN)

August 10, 2023 | markets.businessinsider.com

Killam Apartment REIT Un (KMP.UN) Received its Third Buy in a Row

August 9, 2023 | markets.businessinsider.com

Echelon Wealth Partners Maintains a Buy Rating on Killam Apartment REIT Un (KMP.UN)

July 18, 2023 | markets.businessinsider.com

National Bank Sticks to Its Buy Rating for Killam Apartment REIT Un (KMP.UN)

July 7, 2023 | msn.com

Killam Apartment: Quality REIT Trading At A Slight Discount

July 4, 2023 | finance.yahoo.com

Killam Apartment REIT Announces Timing of Q2 2023 Results and Webcast

June 6, 2023 | es-us.finanzas.yahoo.com

Killam Apartment REIT Announces Release of 2022 ESG Report

May 22, 2023 | theglobeandmail.com

Closing Bell: Killam Apartment REIT flat on Friday (KMP-UN)

May 5, 2023 | ca.finance.yahoo.com

Killam Apartment REIT Announces Voting Results from 2023 Annual Meeting of Unitholders

May 1, 2023 | theglobeandmail.com

Closing Bell: Killam Apartment REIT up on Monday (KMP-UN)

April 24, 2023 | finance.yahoo.com

Killam Apartment REIT Announces Disposition of Non-Core Property in Halifax

See More Headlines

Receive KMP.UN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Killam Apartment REIT and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 2/15 Dividend: 1/30/2024
Dividend Payable: 2/15/2024
Today: 4/16/2024
Ex-Dividend for 5/15 Dividend: 4/29/2024
Dividend Payable: 5/15/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Real Estate
Industry: REIT - Residential
Sub-Industry: N/A
Current Symbol: TSE:KMP.UN
CUSIP: N/A
CIK: N/A
Web: www.killamproperties.com
Phone: +1-902-4539000
Fax: N/A
Employees: 616
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$22.20
High Stock Price Target: C$23.50
Low Stock Price Target: C$20.50
Potential Upside/Downside: +30.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.80
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$2.25
Trailing P/E Ratio: 7.55
Forward P/E Ratio: 14.16
P/E Growth: N/A
Net Income: C$266.32 million
Net Margins: 76.10%
Pretax Margin: N/A
Return on Equity: 11.20%
Return on Assets: 2.58%

Debt

Debt-to-Equity Ratio: 88.09
Current Ratio: 0.08
Quick Ratio: 0.03

Sales & Book Value

Annual Sales: C$349.96 million
Price / Sales: 5.74
Cash Flow: C$0.09 per share
Price / Cash Flow: 190.92
Book Value: C$20.99 per share
Price / Book: 0.81

Miscellaneous

Outstanding Shares: 118,300,000
Free Float: N/A
Market Cap: C$2.01 billion
Optionable: Not Optionable
Beta: 1.05

Metaverse Stocks And Why You Can't Ignore Them

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report

Key Executives

Mr. Philip D. Fraser B.Comm (Age 57)
MURP, MBA, Pres, CEO & Exec. Trustee
Ms. Dale Noseworthy CPA
CA, CFA, Chief Financial Officer
Mr. Robert G. Richardson F.C.A. (Age 57)
FCPA, FCA, B.Comm., Exec. VP & Trustee
Ms. Ruth Buckle-McIntosh
VP of Property Management
Mr. Michael McLean
VP of Devel.

Key Competitors

View All Competitors

KMP.UN Stock Analysis - Frequently Asked Questions

Should I buy or sell Killam Apartment REIT stock right now?: 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Killam Apartment REIT in the last twelve months. There are currently 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" KMP.UN shares.
View KMP.UN analyst ratings or view top-rated stocks.
What is Killam Apartment REIT's stock price target for 2024?: 10 Wall Street analysts have issued 1 year price objectives for Killam Apartment REIT's stock. Their KMP.UN share price targets range from C$20.50 to C$23.50. On average, they anticipate the company's share price to reach C$22.20 in the next twelve months. This suggests a possible upside of 30.7% from the stock's current price.
View analysts price targets for KMP.UN or view top-rated stocks among Wall Street analysts.
How have KMP.UN shares performed in 2024?: Killam Apartment REIT's stock was trading at C$17.96 at the beginning of the year. Since then, KMP.UN stock has decreased by 5.4% and is now trading at C$16.99.
View the best growth stocks for 2024 here.
How often does Killam Apartment REIT pay dividends? What is the dividend yield for Killam Apartment REIT?: Killam Apartment REIT declared a monthly dividend on Monday, April 29th. Investors of record on Wednesday, May 15th will be paid a dividend of 0.0583 per share on Wednesday, May 15th. This represents a $0.70 annualized dividend and a dividend yield of 4.12%. The ex-dividend date of this dividend is Monday, April 29th.
Read our dividend analysis for KMP.UN.

Is Killam Apartment REIT a good dividend stock?: Killam Apartment REIT (TSE:KMP.UN) pays an annual dividend of C$0.70 per share and currently has a dividend yield of 3.76%. The dividend payout ratio is 31.11%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for KMP.UN.
How do I buy shares of Killam Apartment REIT?: Shares of KMP.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:KMP.UN) was last updated on 4/16/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Killam Apartment REIT (KMP.UN) Stock Price, News & Analysis

Killam Apartment REIT MarketRank™ Stock Analysis

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

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Killam Apartment REIT Stock (TSE:KMP.UN)

KMP.UN Stock Price History

KMP.UN Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

KMP.UN Stock Analysis - Frequently Asked Questions

Overall MarketRank^™