TSE:NVU.UN

Northview Apartment REIT Stock Forecast, Price & News

C$36.23

0.00 (0.00 %)

(As of 11/3/2020)

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Today's Range

C$36.16

Now: C$36.23▼

C$36.24

50-Day Range

C$36.00

MA: C$36.15▼

C$36.23

52-Week Range

C$25.15

Now: C$36.23▼

C$36.70

Volume1.33 million shs

Average Volume387,167 shs

Market CapitalizationC$2.51 billion

P/E Ratio12.27

Dividend Yield4.60%

BetaN/A

Northview is one of Canada's largest publicly traded multi-family REITs with a portfolio of approximately 27,000 residential units and 1.2 million square feet of commercial space in over 60 markets across eight provinces and two territories. Northview's well-diversified portfolio includes markets characterized by expanding populations and growing economies, which provides Northview the means to deliver stable and growing profitability and distributions to Unitholders of Northview over time. Northview currently trades on the TSX under the ticker symbol: NVU.UN.

Beat the Market (BTM) Rank^™

1.0 Analyst's Opinion

Consensus Rating
Northview Apartment REIT has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$36.25, Northview Apartment REIT has a forecasted upside of 0.1% from its current price of C$36.23.
Amount of Analyst Coverage
Northview Apartment REIT has only been the subject of 1 research reports in the past 90 days.

1.9 Community Rank

Outperform Votes
Northview Apartment REIT has received 147 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Northview Apartment REIT has received 230 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Northview Apartment REIT has received 61.01% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Northview Apartment REIT and other stocks. Vote “Outperform” if you believe NVU.UN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe NVU.UN will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
Northview Apartment REIT is a leading dividend payer. It pays a dividend yield of 4.60%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Northview Apartment REIT does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Northview Apartment REIT is 55.20%. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Northview Apartment REIT insiders have not sold or bought any company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Northview Apartment REIT is 12.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.85.
Price to Earnings Ratio vs. Sector
The P/E ratio of Northview Apartment REIT is 12.27, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 68.70.
Price to Book Value per Share Ratio
Northview Apartment REIT has a P/B Ratio of 1.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.33 out of 5 stars

Industry, Sector and Symbol

Stock Exchange TSE

Industry REIT - Residential

Sub-IndustryN/A

SectorReal Estate

Current SymbolTSE:NVU.UN

Previous SymbolTSE:NPR.UN

CUSIPN/A

CIKN/A

Webwww.northviewreit.com

Phone403-531-0720

Employees950

Debt

Debt-to-Equity Ratio116.64

Current Ratio0.05

Quick Ratio0.03

Price-To-Earnings

Trailing P/E Ratio12.27

Forward P/E Ratio10.29

P/E GrowthN/A

Sales & Book Value

Annual SalesC$397.19 million

Price / Sales6.32

Cash FlowC$0.06 per share

Price / Cash Flow592.13

Book ValueC$30.77 per share

Price / Book1.18

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares69,334,000

Market CapC$2.51 billion

Next Earnings DateN/A

OptionableNot Optionable

C$36.23

0.00 (0.00 %)

(As of 11/3/2020)

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Northview Apartment REIT (TSE:NVU.UN) Frequently Asked Questions

How has Northview Apartment REIT's stock been impacted by COVID-19 (Coronavirus)?

Northview Apartment REIT's stock was trading at C$35.26 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, NVU.UN shares have increased by 2.8% and is now trading at C$36.23.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of Northview Apartment REIT?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Northview Apartment REIT in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Northview Apartment REIT or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Northview Apartment REIT?

Wall Street analysts have given Northview Apartment REIT a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Northview Apartment REIT wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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

Northview Apartment REIT announced a monthly dividend on Friday, August 28th. Investors of record on Tuesday, September 15th will be given a dividend of 0.1358 per share on Tuesday, September 15th. This represents a $1.63 dividend on an annualized basis and a dividend yield of 4.50%. The ex-dividend date of this dividend is Friday, August 28th.
View Northview Apartment REIT's dividend history.

What price target have analysts set for NVU.UN?

4 brokers have issued 1-year target prices for Northview Apartment REIT's shares. Their forecasts range from C$36.25 to C$36.25. On average, they expect Northview Apartment REIT's share price to reach C$36.25 in the next twelve months. This suggests a possible upside of 0.1% from the stock's current price.
View analysts' price targets for Northview Apartment REIT.

Who are some of Northview Apartment REIT's key competitors?

Some companies that are related to Northview Apartment REIT include Canadian Apartment Properties REIT (CAR.UN), Interrent Real Estate Investment Trust (IIP.UN), Killam Apartment REIT (KMP.UN), Boardwalk REIT (BEI.UN), Pure Multi-Family REIT (RUF.UN), Minto Apartment Real Estate Invt Trust (MI.UN), Morguard North American Residential REIT (MRG.UN), Empiric Student Property plc (ESP.L) (ESP), Bluerock Residential Growth REIT (BRG), Sigma Capital Group plc (SGM.L) (SGM), KCR Residential REIT plc (KCR.L) (KCR), CIVS SOCI / RED PREF (CSHC), First Real Estate Investment Trust of New Jersey (FREVS), Ingenia Communities Group (INA.AX) (INA) and InterRent Real Estate Investment Trust (IBVA.F) (IBVA).
View all competitors.

Who are Northview Apartment REIT's key executives?

Northview Apartment REIT's management team includes the following people:

Mr. Todd R. Cook CPA, CPA, C.A., Pres, CEO & Trustee (Age 52)
Mr. David Travis Beatty CPA, CA, CFA, Chief Financial Officer
Mr. Leslie M. Veiner CPA, CA, Chief Operating Officer (Age 52)
Mr. Bo Anker Rasmussen, Sr. VP of Investments (Age 47)
Mr. Gregory N. Herndier, Pres of NewNorth

What is Northview Apartment REIT's stock symbol?

Northview Apartment REIT trades on the Toronto Stock Exchange (TSX) under the ticker symbol "NVU.UN."

How do I buy shares of Northview Apartment REIT?

Shares of NVU.UN and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

What is Northview Apartment REIT's stock price today?

One share of NVU.UN stock can currently be purchased for approximately C$36.23.

How big of a company is Northview Apartment REIT?

Northview Apartment REIT has a market capitalization of C$2.51 billion and generates C$397.19 million in revenue each year. Northview Apartment REIT employs 950 workers across the globe.

What is Northview Apartment REIT's official website?

The official website for Northview Apartment REIT is www.northviewreit.com.

How can I contact Northview Apartment REIT?

The company can be reached via phone at 403-531-0720.

This page was last updated on 11/28/2020 by MarketBeat.com Staff

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