Minto Apartment Real Estate Invt Trust (MI.UN) Stock Price, News & Analysis

Company Overview

Minto Apartment Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario to own income-producing multi-residential properties located in urban markets in Canada. The REIT owns a portfolio of high-quality income-producing multi-residential rental properties located in Toronto, Montreal, Ottawa and Calgary.

Key Stats

• Today's Range: C$13.87 to C$14.00
• 50-Day Range: C$13.35 to C$14.83
• 52-Week Range: C$11.94 to C$17.34
• Volume: 22,400 shs
• Average Volume: 155,171 shs
• Market Capitalization: C$515.67 million
• P/E Ratio: 8.51
• Dividend Yield: 3.68%
• Price Target: C$15.72
• Consensus Rating: Hold

MI.UN Stock Analysis - Frequently Asked Questions

How have MI.UN shares performed this year?

Minto Apartment Real Estate Invt Trust's stock was trading at C$13.34 on January 1st, 2025. Since then, MI.UN shares have increased by 4.8% and is now trading at C$13.98.

How do I buy shares of Minto Apartment Real Estate Invt Trust?

Shares of MI.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 - Residential
• Sub-Industry: N/A
• Current Symbol: TSE:MI.UN
• CIK: N/A
• Web: www.mintoapartmentreit.com
• Phone: 613-230-7051
• Fax: N/A
• Employees: 179
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Minto Apartment Real Estate Invt Trust: C$15.72
• High Price Target: C$17.50
• Low Price Target: C$14.00
• Potential Upside/Downside: +12.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.43
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): C$1.64
• Trailing P/E Ratio: 8.51
• Forward P/E Ratio: 13.74
• P/E Growth: N/A
• Net Income: -C$35.43 million
• Net Margins: -22.43%
• Pretax Margin: N/A
• Return on Equity: -3.19%
• Return on Assets: 2.15%

Debt

• Debt-to-Equity Ratio: 101.09
• Current Ratio: 1.11
• Quick Ratio: 0.04

Sales & Book Value

• Annual Sales: C$155.74 million
• Price / Sales: 3.31
• Cash Flow: C$0.14 per share
• Price / Cash Flow: 102.07
• Book Value: C$27.09 per share
• Price / Book: 0.52

Miscellaneous

• Outstanding Shares: 36,886,000
• Free Float: N/A
• Market Cap: C$515.67 million
• Optionable: Not Optionable
• Beta: 1.15