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Canadian Apartment (TSE:CAR.UN)
TSX:CAR.UN
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CAR.UN Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$41.92 - C$56.71
Previous CloseC$45.79
Volume596.25K
Average Volume (3M)403.22K
Market Cap
C$7.73B
Enterprise ValueC$14.90B
Total Cash (Recent Filing)C$80.27M
Total Debt (Recent Filing)C$7.25B
Price to Earnings (P/E)―
Beta1.10
Next Earnings
Feb 20, 2025EPS EstimateN/A
Last Dividend Ex-Date
Oct 31, 2024Dividend Yield3.21%
Share Statistics
EPS (TTM)-0.32
Shares Outstanding168,807,000
10 Day Avg. Volume476,359
30 Day Avg. Volume403,223
Standard Deviation0.07
R-Squared0.60
Alpha-0.00691
Financial Highlights & Ratios
Price to Book (P/B)0.81
Price to Sales (P/S)7.06
Price to Cash Flow (P/CF)12.40
P/FCF Ratio9.40
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$57.00Price Target Upside25.83% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
Bulls Say, Bears Say
Bulls Say
Capital Recycling StrategyCAP REIT continues to be an outlier in pursuing a more aggressive capital recycling strategy.
Distribution IncreaseThe board approved a 3% increase to the monthly distribution to an annualized rate of $1.50 from $1.45.
Strong Operating PerformanceStrong rent growth drives strong operating performance.
Bears Say
Leasing ActivityBlended leasing spreads declined due to the composition of leasing activity, with lower turnover compared to renewals.
Operating ExpensesRising revenue was partially offset by operating expense inflation, which remains somewhat 'sticky'.
Rental MarketGrowth in occupied average monthly rents is expected to moderate for the balance of the year due to tightness in the Canadian rental market.
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Options Prices
Currently, No data available
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Ownership Overview
0.19% Insiders
5.20% Mutual Funds
0.05% Other Institutional Investors
83.73% 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$41.92 and its highest was C$56.71 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 Feb 20, 2025 which is in 103 days.
How were Canadian Apartment’s earnings last quarter?
Canadian Apartment released its earnings results on Nov 07, 2024. The company reported C$0.28 earnings per share for the quarter, beating the consensus estimate of N/A by C$0.28.
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$0.13 which represents an annual dividend yield of 3.21%. 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 167,209,350 shares outstanding.
What happened to Canadian Apartment’s price movement after its last earnings report?
Canadian Apartment reported an EPS of C$0.28 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went same N/A.
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
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
C$57.00 (25.83% Upside)
C$57.00 (25.83% Upside)
Blogger Sentiment
Bullish
TSE:CAR.UN Sentiment 100%
Sector Average 69%
Sector Average 69%
Insider Transactions
Sold Shares
Worth C$443.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.8%
Last 30 Days ▼ 0.9%
Last 30 Days ▼ 0.9%
Technicals
SMA
Positive
20 days / 200 days
Momentum
7.64%
12-Months-Change
Fundamentals
Return on Equity
-0.57%
Trailing 12-Months
Asset Growth
-1.86%
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$57.00
▲(25.83% Upside)
Technical Analysis
Killam Apartment REIT Un
―
H&R Real Estate ate Staple
―
Slate Office REIT
―
InterRent REIT Un
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Best Analysts Covering CAR.UN
1 Year
1 Year Success Rate
9/13 ratings generated profit
1 Year Average Return
+5.02%
assigned a buy rating 3 months ago
Copying Jimmy Shan's trades and holding each position for 1 Year would result in 69.23% of your transactions generating a profit, with an average return of +5.02% per trade.
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