TSE:MI.UN

Minto Apartment Real Estate Invt Trust - MI.UN Stock Forecast, Price & News

C$17.01

-0.09 (-0.53%)

(As of 02/2/2023 12:00 AM ET)

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Today's Range: C$16.99
▼
C$17.45
50-Day Range: C$13.27
▼
C$17.10
52-Week Range: C$12.41
▼
C$22.62

Volume: 142,489 shs
Average Volume: 196,326 shs
Market Capitalization: C$617.04 million

P/E Ratio: 2.47
Dividend Yield: 2.91%
Price Target: C$20.09

About Minto Apartment Real Estate Invt Trust (TSE:MI.UN) Stock

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, Ottawa, Calgary and Edmonton.

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MI.UN Stock News Headlines

February 2, 2023 | americanbankingnews.com

Minto Apartment Real Estate Invt Trust (TSE:MI.UN) Price Target Increased to C$19.00 by Analysts at National Bankshares

January 28, 2023 | americanbankingnews.com

Canaccord Genuity Group Increases Minto Apartment Real Estate Invt Trust (TSE:MI.UN) Price Target to C$21.75

February 2, 2023 | PressReach (Ad)

Stocks Positioned For The Year

This breakthrough stock has bright future this decade.

June 8, 2022 | tmcnet.com

Seven Hills Realty Trust Closes $31.5 Million Bridge Loan to Finance the Acquisition of Summit Apartments in Farmington Hills, Michigan

June 4, 2022 | bizjournals.com

Troy riverfront land rezoned for $25 million apartment complex

May 15, 2022 | benzinga.com

InvestNext is Powering Tomorrow's Real Estate Deals with an Innovative Investment Platform

June 15, 2021 | markets.businessinsider.com

Minto Apartment REIT Announces June 2021 Cash Distribution

June 11, 2021 | baystreet.ca

FP, Playground at 52-Week Highs on News

February 2, 2023 | Investing Trends (Ad)

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May 6, 2021 | markets.businessinsider.com

Minto Apartment REIT Reports 2021 First Quarter Financial Results

April 29, 2021 | markets.businessinsider.com

Minto Apartment REIT To Provide Financing for a New 229-Suite Multi-Residential Development in Ottawa

April 26, 2021 | baystreet.ca

Copper Mountain, IGM, Ivanhoe at 52-Week Highs on News

December 15, 2020 | markets.businessinsider.com

Minto Apartment REIT announces December 2020 cash distribution

December 9, 2020 | markets.businessinsider.com

Minto Apartment REIT Files Final Base Shelf Prospectus for $800 million in Securities

December 1, 2020 | markets.businessinsider.com

Minto Apartment REIT Enters Greater Vancouver Market

November 16, 2020 | markets.businessinsider.com

Minto Apartment REIT announces November 2020 cash distribution

November 14, 2020 | uk.finance.yahoo.com

CureVac CEO talks Tesla tie-up and potential COVID-19 vaccine approval in 2021

November 10, 2020 | markets.businessinsider.com

Minto Apartment REIT Reports Third Quarter 2020 Financial Results

July 24, 2020 | finance.yahoo.com

Read This Before Selling Minto Apartment Real Estate Investment Trust (TSE:MI.UN) Shares

July 15, 2020 | finance.yahoo.com

Minto Apartment REIT Announces July 2020 Cash Distribution

May 27, 2020 | finance.yahoo.com

Minto Apartment REIT Reports Voting Results from Annual and Special Meeting of Unitholders

March 16, 2020 | finance.yahoo.com

Minto Apartment REIT Announces March 2020 Cash Distribution

March 13, 2020 | finance.yahoo.com

Should You Be Concerned About Minto Apartment Real Estate Investment Trust's (TSE:MI.UN) ROE?

March 4, 2020 | www.baystreet.ca

DREAM, Sona at 52-Week Highs on News

January 15, 2020 | finance.yahoo.com

Minto Apartment REIT Announces January 2020 Cash Distribution

October 14, 2019 | finance.yahoo.com

Minto Apartment Real Estate Investment Trust (TSE:MI.UN) Shareholders Booked A 37% Gain In The Last Year

October 13, 2019 | markets.ft.com

Minto Apartment Real Estate Investment Trust

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MI.UN Company Calendar

Today: 2/02/2023
Next Earnings (Estimated): 3/06/2023

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: REIT - Residential
Sub-Industry: N/A
Sector: Real Estate
Current Symbol: TSE:MI.UN
CUSIP: N/A
CIK: N/A
Web: www.mintoapartments.com
Phone: 613-230-7051
Fax: N/A
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$20.09
High Stock Price Forecast: C$21.75
Low Stock Price Forecast: C$19.00
Forecasted Upside/Downside: +18.1%
Consensus Rating: Buy
Rating Score (0-4): 3.20
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 2.47
Forward P/E Ratio: 24.25
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 86.98
Current Ratio: 0.35
Quick Ratio: 0.04

Sales & Book Value

Annual Sales: C$138.30 million
Price / Sales: 4.46
Cash Flow: C$0.17 per share
Price / Cash Flow: 102.07
Book Value: C$31.36 per share
Price / Book: 0.54

Miscellaneous

Outstanding Shares: 36,275,000
Free Float: N/A
Market Cap: C$617.04 million
Optionable: Not Optionable
Beta: N/A

Key Executives

Mr. Roger Greenberg
Exec. Chairman

Mr. Michael R. Waters
CEO & Trustee

Mr. Robert Pike
Pres & COO

Ms. Julie Morin
Chief Financial Officer

Ms. Jaime McKenna
Chief Investment Officer

Key Competitors

View All Competitors

MI.UN Stock - Frequently Asked Questions

Should I buy or sell Minto Apartment Real Estate Invt Trust stock right now?: 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Minto Apartment Real Estate Invt Trust in the last twelve months. There are currently 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" MI.UN shares.
View MI.UN analyst ratings or view top-rated stocks.
What is Minto Apartment Real Estate Invt Trust's stock price forecast for 2023?: 5 brokerages have issued twelve-month price targets for Minto Apartment Real Estate Invt Trust's shares. Their MI.UN share price forecasts range from C$19.00 to C$21.75. On average, they anticipate the company's stock price to reach C$20.09 in the next twelve months. This suggests a possible upside of 16.4% from the stock's current price.
View analysts price targets for MI.UN or view top-rated stocks among Wall Street analysts.
How have MI.UN shares performed in 2023?: Minto Apartment Real Estate Invt Trust's stock was trading at C$14.05 at the beginning of 2023. Since then, MI.UN stock has increased by 22.9% and is now trading at C$17.27.
View the best growth stocks for 2023 here.
When is Minto Apartment Real Estate Invt Trust's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, March 6th 2023.
View our MI.UN earnings forecast.

Is Minto Apartment Real Estate Invt Trust a good dividend stock?: Minto Apartment Real Estate Invt Trust (TSE:MI.UN) pays an annual dividend of C$0.47 per share and currently has a dividend yield of 2.91%. The dividend payout ratio is 6.88%. This payout ratio is at a healthy, sustainable level, below 75%.
What is Minto Apartment Real Estate Invt Trust's stock symbol?: Minto Apartment Real Estate Invt Trust trades on the Toronto Stock Exchange (TSX) under the ticker symbol "MI.UN."
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.
Compare Top Brokerages Here.
What is Minto Apartment Real Estate Invt Trust's stock price today?: One share of MI.UN stock can currently be purchased for approximately C$17.27.
How much money does Minto Apartment Real Estate Invt Trust make?: Minto Apartment Real Estate Invt Trust (TSE:MI.UN) has a market capitalization of C$626.47 million and generates C$138.30 million in revenue each year.
How can I contact Minto Apartment Real Estate Invt Trust?: The official website for the company is www.mintoapartments.com. The company can be reached via phone at 613-230-7051.

This page (TSE:MI.UN) was last updated on 2/2/2023 by MarketBeat.com Staff

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