Growth PotentialThe entry into the US market and acquisition of a construction equipment dealership are seen as strategic moves that align with the REIT’s target range for cap rates.

Portfolio DiversificationThe acquisitions are expected to reduce exposure to large tenants, diversifying the REIT's portfolio and potentially reducing risk.

Strategic ExpansionThe acquisition of construction equipment dealerships in the Greater Montreal Area is seen as a natural extension of APR’s strategy, broadening its asset base.

Bears Say

Debt RefinancingThere is expected upward pressure on interest expense due to the refinancing of debt at higher interest rates.

Interest ExpenseUpward pressure on interest expense expected from debt refinancing.

Rental Revenue RiskDilawri’s rent coverage ratio has decreased from the beginning of the year, indicating a potential risk in rental revenue.

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Financials

Annual

Income Statement >

Options Prices

Currently, No data available

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Ownership Overview

0.16% Insiders

― Mutual Funds

― Other Institutional Investors

99.30% Public Companies and

Individual Investors

Detailed Ownership Overview >

APR.UN FAQ

What was Automotive Properties’s price range in the past 12 months?

Automotive Properties lowest stock price was C$9.69 and its highest was C$12.78 in the past 12 months.

What is Automotive Properties’s market cap?

Automotive Properties’s market cap is C$522.32M.

When is Automotive Properties’s upcoming earnings report date?

Automotive Properties’s upcoming earnings report date is Mar 25, 2025 which is in 65 days.

How were Automotive Properties’s earnings last quarter?

Automotive Properties released its earnings results on Nov 14, 2024. The company reported C$0.035 earnings per share for the quarter, beating the consensus estimate of N/A by C$0.035.

Is Automotive Properties overvalued?

According to Wall Street analysts Automotive Properties’s price is currently Undervalued. Get more investment ideas with TipRanks Premium

Does Automotive Properties pay dividends?

Automotive Properties pays a Monthly dividend of C$0.885 which represents an annual dividend yield of 7.56%. See more information on Automotive Properties dividends here

What is Automotive Properties’s EPS estimate?

Automotive Properties’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Automotive Properties have?

Automotive Properties has 49,090,140 shares outstanding.

What happened to Automotive Properties’s price movement after its last earnings report?

Automotive Properties reported an EPS of C$0.035 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 1.342%.

Which hedge fund is a major shareholder of Automotive Properties?

Currently, no hedge funds are holding shares in TSE:APR.UN

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Automotive Properties Stock Smart Score

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Fundamentals

Return on Equity

7.29%

Trailing 12-Months

Asset Growth

-0.22%

Trailing 12-Months

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Company Description

Automotive Properties

Automotive Properties Real Estate Investment Trust is an open-ended real estate investment trust focused on owning and acquiring income-producing automotive dealership properties located in Canada. The primary strategy of the company is to create long-term value for Unitholders by generating sustainable tax-efficient cash flow and capital appreciation. It has its properties in Vancouver, Calgary, Regina, Edmonton, and Montreal among others.

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