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Canadian Apartment Properties REIT (CAR.UN) Competitors

C$44.60
+0.84 (+1.92%)
(As of 05/31/2024 ET)

CAR.UN vs. BEI.UN, NVU.UN, KMP.UN, IIP.UN, RUF.UN, MI.UN, MRG.UN, HOM.U, MHC.UN, and ERE-UN

Should you be buying Canadian Apartment Properties REIT stock or one of its competitors? The main competitors of Canadian Apartment Properties REIT include Boardwalk Real Estate Investment Trust (BEI.UN), Northview Apartment REIT (NVU.UN), Killam Apartment REIT (KMP.UN), InterRent Real Estate Investment Trust (IIP.UN), Pure Multi-Family REIT (RUF.UN), Minto Apartment Real Estate Invt Trust (MI.UN), Morguard North American Residential Real Estate Investment Trust (MRG.UN), Bsr Real Estate Investment Trust (HOM.U), Flagship Communities Real Estate Investment Trust (MHC.UN), and European Residential Real Estate Investment Trust (ERE-UN). These companies are all part of the "reit - residential" industry.

Canadian Apartment Properties REIT vs.

Canadian Apartment Properties REIT (TSE:CAR.UN) and Boardwalk Real Estate Investment Trust (TSE:BEI.UN) are both mid-cap real estate companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, valuation, profitability, institutional ownership, risk, community ranking, analyst recommendations, earnings and media sentiment.

Canadian Apartment Properties REIT pays an annual dividend of C$1.45 per share and has a dividend yield of 3.3%. Boardwalk Real Estate Investment Trust pays an annual dividend of C$1.44 per share and has a dividend yield of 2.0%. Canadian Apartment Properties REIT pays out -193.3% of its earnings in the form of a dividend. Boardwalk Real Estate Investment Trust pays out 9.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Canadian Apartment Properties REIT is clearly the better dividend stock, given its higher yield and lower payout ratio.

In the previous week, Boardwalk Real Estate Investment Trust had 2 more articles in the media than Canadian Apartment Properties REIT. MarketBeat recorded 2 mentions for Boardwalk Real Estate Investment Trust and 0 mentions for Canadian Apartment Properties REIT. Boardwalk Real Estate Investment Trust's average media sentiment score of 1.94 beat Canadian Apartment Properties REIT's score of 0.00 indicating that Boardwalk Real Estate Investment Trust is being referred to more favorably in the news media.

Company Overall Sentiment
Canadian Apartment Properties REIT Neutral
Boardwalk Real Estate Investment Trust Very Positive

Boardwalk Real Estate Investment Trust has a net margin of 134.70% compared to Canadian Apartment Properties REIT's net margin of -11.69%. Boardwalk Real Estate Investment Trust's return on equity of 18.16% beat Canadian Apartment Properties REIT's return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Apartment Properties REIT-11.69% -2.11% 2.35%
Boardwalk Real Estate Investment Trust 134.70%18.16%2.26%

Boardwalk Real Estate Investment Trust has lower revenue, but higher earnings than Canadian Apartment Properties REIT. Canadian Apartment Properties REIT is trading at a lower price-to-earnings ratio than Boardwalk Real Estate Investment Trust, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canadian Apartment Properties REITC$1.08B6.90-C$126.23M-C$0.75-59.47
Boardwalk Real Estate Investment TrustC$558.58M6.22C$752.43MC$15.934.42

Canadian Apartment Properties REIT has a beta of 1.19, suggesting that its share price is 19% more volatile than the S&P 500. Comparatively, Boardwalk Real Estate Investment Trust has a beta of 1.74, suggesting that its share price is 74% more volatile than the S&P 500.

Canadian Apartment Properties REIT currently has a consensus target price of C$56.30, indicating a potential upside of 26.23%. Boardwalk Real Estate Investment Trust has a consensus target price of C$84.92, indicating a potential upside of 20.67%. Given Canadian Apartment Properties REIT's stronger consensus rating and higher possible upside, research analysts plainly believe Canadian Apartment Properties REIT is more favorable than Boardwalk Real Estate Investment Trust.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Apartment Properties REIT
0 Sell rating(s)
2 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
2.92
Boardwalk Real Estate Investment Trust
0 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.75

43.2% of Canadian Apartment Properties REIT shares are held by institutional investors. Comparatively, 41.5% of Boardwalk Real Estate Investment Trust shares are held by institutional investors. 0.2% of Canadian Apartment Properties REIT shares are held by insiders. Comparatively, 17.9% of Boardwalk Real Estate Investment Trust shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Canadian Apartment Properties REIT received 80 more outperform votes than Boardwalk Real Estate Investment Trust when rated by MarketBeat users. Likewise, 61.34% of users gave Canadian Apartment Properties REIT an outperform vote while only 50.00% of users gave Boardwalk Real Estate Investment Trust an outperform vote.

CompanyUnderperformOutperform
Canadian Apartment Properties REITOutperform Votes
338
61.34%
Underperform Votes
213
38.66%
Boardwalk Real Estate Investment TrustOutperform Votes
258
50.00%
Underperform Votes
258
50.00%

Summary

Canadian Apartment Properties REIT beats Boardwalk Real Estate Investment Trust on 12 of the 21 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CAR.UN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CAR.UN vs. The Competition

MetricCanadian Apartment Properties REITREIT IndustryReal Estate SectorTSE Exchange
Market CapC$7.45BC$1.28BC$1.36BC$5.45B
Dividend Yield3.24%4.86%7.64%5.58%
P/E Ratio-59.47131.64238.9120.78
Price / Sales6.90307.311,694.102,544.35
Price / Cash57.9193.8359.2580.13
Price / Book0.800.741.373.54
Net Income-C$126.23MC$80.01M-C$70.81MC$287.30M
7 Day Performance-0.20%-0.46%-0.21%-0.17%
1 Month Performance4.16%0.49%3.71%2.81%
1 Year Performance-9.90%-4.04%0.98%30.40%

Canadian Apartment Properties REIT Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BEI.UN
Boardwalk Real Estate Investment Trust
2.7718 of 5 stars
C$70.22
+1.5%
C$84.92
+20.9%
+16.4%C$3.47BC$558.58M4.411,558Dividend Increase
NVU.UN
Northview Apartment REIT
0 of 5 stars
N/AN/AN/AC$2.51BC$397.19M12.27950High Trading Volume
KMP.UN
Killam Apartment REIT
3.3049 of 5 stars
C$17.08
+0.4%
C$21.93
+28.4%
-1.4%C$2.03BC$352.76M6.54616Dividend Announcement
News Coverage
IIP.UN
InterRent Real Estate Investment Trust
2.4586 of 5 stars
C$11.80
+0.5%
C$15.07
+27.7%
-8.9%C$1.71BC$245.23M49.17359Positive News
RUF.UN
Pure Multi-Family REIT
0 of 5 stars
N/AN/AN/AC$784.44MC$111.01M13.13189
MI.UN
Minto Apartment Real Estate Invt Trust
0 of 5 stars
C$14.59
-0.7%
C$20.07
+37.5%
+0.4%C$582.29MC$158.46M-5.23N/A
MRG.UN
Morguard North American Residential Real Estate Investment Trust
4.0887 of 5 stars
C$15.24
+1.3%
C$20.50
+34.5%
-7.0%C$573.18MC$342.36M3.31N/APositive News
HOM.U
Bsr Real Estate Investment Trust
0.7991 of 5 stars
C$11.28
-0.5%
C$14.25
+26.3%
-5.4%C$375.51MC$168.20M-1.89250
MHC.UN
Flagship Communities Real Estate Investment Trust
4.0439 of 5 stars
C$20.19
+1.5%
C$19.58
-3.0%
N/AC$285.49MC$71.05M4.78N/A
ERE-UN
European Residential Real Estate Investment Trust
0 of 5 stars
C$2.27
+0.4%
N/A-23.3%C$208.30MC$96.74M22.70N/AHigh Trading Volume

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This page (TSE:CAR.UN) was last updated on 6/1/2024 by MarketBeat.com Staff

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