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Canadian Apartment (TSE:CAR.UN)
TSX:CAR.UN
Canadian Apartment (CAR.UN) Stock Price & Analysis
251 Followers
CAR.UN Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$39.37 - C$53.36
Previous CloseC$45.61
Volume189.78K
Average Volume (3M)394.02K
Market Cap
C$7.70B
Enterprise ValueC$15.03B
Total Cash (Recent Filing)C$35.22M
Total Debt (Recent Filing)C$7.37B
Price to Earnings (P/E)-61.1
Beta1.12
Next Earnings
Aug 13, 2024EPS EstimateN/A
Next Dividend Ex-Date
May 31, 2024Dividend Yield3.18%
Share Statistics
EPS (TTM)-0.75
Shares Outstanding169,261,000
10 Day Avg. Volume354,562
30 Day Avg. Volume394,024
Standard Deviation0.07
R-Squared0.61
Alpha-0.00370
Financial Highlights & Ratios
Price to Book (P/B)0.49
Price to Sales (P/S)7.16
Price to Cash Flow (P/CF)6.60
P/FCF Ratio11.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$56.51Price Target Upside24.83% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
Bulls Say, Bears Say
Bulls Say
Financial PerformanceCAPREIT's FFO/unit increase of 7% year over year demonstrates the company's consistent financial performance and growth.
Operational EfficiencyRent growth outpacing operating expense inflation showcases CAPREIT's efficient cost management and improved profitability.
Strategic InitiativesThe active engagement in accretive capital recycling and the strategic sale of non-core assets highlight CAPREIT's focus on enhancing shareholder value.
Bears Say
Financial PerformanceIncreased interest expenses from debt refinancing negatively impacted the financial results.
Operational ExpensesRising revenue was partially offset by opex inflation, which remains somewhat 'sticky'.
Stock ValuationCAPREIT's unit price has increased significantly, and units are approaching fair value, which could limit near-term unit price appreciation.
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Options Prices
Currently, No data available
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Ownership Overview
1.86% Insiders
5.44% Mutual Funds
10.41% Other Institutional Investors
82.29% Public Companies and
Individual Investors
CAR.UN FAQ
What was Canadian Apartment’s price range in the past 12 months?
Canadian Apartment lowest stock price was C$39.37 and its highest was C$53.35 in the past 12 months.
What is Canadian Apartment’s market cap?
Currently, no data Available
When is Canadian Apartment’s upcoming earnings report date?
Canadian Apartment’s upcoming earnings report date is Aug 13, 2024 which is in 87 days.
How were Canadian Apartment’s earnings last quarter?
Canadian Apartment released its earnings results on May 08, 2024. The company reported C$1.076 earnings per share for the quarter, beating the consensus estimate of N/A by C$1.076.
Is Canadian Apartment overvalued?
According to Wall Street analysts Canadian Apartment’s price is currently Undervalued.
Does Canadian Apartment pay dividends?
Canadian Apartment pays a Monthly dividend of C$0.12 which represents an annual dividend yield of 3.18%. See more information on Canadian Apartment dividends here
What is Canadian Apartment’s EPS estimate?
Canadian Apartment’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Canadian Apartment have?
Canadian Apartment has 167,122,200 shares outstanding.
What happened to Canadian Apartment’s price movement after its last earnings report?
Canadian Apartment reported an EPS of C$1.076 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 1.582%.
Which hedge fund is a major shareholder of Canadian Apartment?
Currently, no hedge funds are holding shares in TSE:CAR.UN
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Canadian Apartment Stock Smart Score
Neutral
1
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5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
C$56.51 (24.83% Upside)
C$56.51 (24.83% Upside)
Blogger Sentiment
Bullish
TSE:CAR.UN Sentiment 66%
Sector Average 69%
Sector Average 69%
Insider Transactions
Sold Shares
Worth C$53.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 4.5%
Last 30 Days ▼ 4.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-1.29%
12-Months-Change
Fundamentals
Return on Equity
-1.32%
Trailing 12-Months
Asset Growth
-2.46%
Trailing 12-Months
Company Description
Canadian Apartment
Canadian Apartment Properties Real Estate Investment Trust, or CAPREIT, is a real estate investment trust primarily engaged in the acquisition and leasing of multiunit residential rental properties located near major urban centers across Canada. The company's real estate portfolio is mainly composed of apartments and townhouses situated near public amenities. Most of CAPREIT's holdings are aimed towards the midtier and luxury markets in terms of demographic segments. The company derives nearly all of its income in the form of rental revenue from leasing its properties to tenants. The majority of this revenue comes from assets located in the Greater Toronto and Greater Montreal regions. The buildings in these areas also contain the majority of CAPREIT's total housing units.
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CAR.UN Stock 12 Month Forecast
Average Price Target
C$56.51
▲(24.83% Upside)
Technical Analysis
Chartwell Retirement Residences
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BSR Real Estate Investment Trust
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InterRent REIT Un
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Killam Apartment REIT Un
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Best Analysts Covering CAR.UN
1 Year
1 Year Success Rate
9/14 ratings generated profit
1 Year Average Return
+7.21%
upgraded a buy rating 9 days ago
Copying Mark Rothschild's trades and holding each position for 1 Year would result in 64.29% of your transactions generating a profit, with an average return of +7.21% per trade.
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