CAR.UN vs. BEI.UN, KMP.UN, CIGI, FSV, REI.UN, GRT.UN, CHP.UN, TCN, DIR.UN, and SRU.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 REIT (BEI.UN), Killam Apartment REIT (KMP.UN), Colliers International Group (CIGI), FirstService (FSV), RioCan Real Estate Investment Trust (REI.UN), Granite Real Estate Investment Trust (GRT.UN), Choice Properties Real Est Invstmnt Trst (CHP.UN), Tricon Residential (TCN), Dream Industrial Real Estate Invest Trst (DIR.UN), and SmartCentres Real Estate Investment Trst (SRU.UN). These companies are all part of the "real estate" sector.
Canadian Apartment Properties REIT (TSE:CAR.UN) and Boardwalk REIT (TSE:BEI.UN) are both mid-cap real estate companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, profitability, analyst recommendations, risk, valuation, institutional ownership, community ranking, earnings and media sentiment.
Boardwalk REIT 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 REIT, indicating that it is currently the more affordable of the two stocks.
Canadian Apartment Properties REIT received 80 more outperform votes than Boardwalk REIT when rated by MarketBeat users. Likewise, 61.38% of users gave Canadian Apartment Properties REIT an outperform vote while only 50.10% of users gave Boardwalk REIT an outperform vote.
Canadian Apartment Properties REIT presently has a consensus price target of C$56.37, indicating a potential upside of 26.94%. Boardwalk REIT has a consensus price target of C$84.42, indicating a potential upside of 16.48%. Given Canadian Apartment Properties REIT's stronger consensus rating and higher probable upside, analysts clearly believe Canadian Apartment Properties REIT is more favorable than Boardwalk REIT.
Canadian Apartment Properties REIT has a beta of 1.18, meaning that its stock price is 18% more volatile than the S&P 500. Comparatively, Boardwalk REIT has a beta of 1.72, meaning that its stock price is 72% more volatile than the S&P 500.
42.5% of Canadian Apartment Properties REIT shares are owned by institutional investors. Comparatively, 41.0% of Boardwalk REIT shares are owned by institutional investors. 0.4% of Canadian Apartment Properties REIT shares are owned by insiders. Comparatively, 17.9% of Boardwalk REIT shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Boardwalk REIT has a net margin of 122.32% compared to Canadian Apartment Properties REIT's net margin of -38.63%. Boardwalk REIT's return on equity of 17.11% beat Canadian Apartment Properties REIT's return on equity.
Canadian Apartment Properties REIT pays an annual dividend of C$1.45 per share and has a dividend yield of 3.3%. Boardwalk REIT pays an annual dividend of C$1.44 per share and has a dividend yield of 2.0%. Canadian Apartment Properties REIT pays out -59.7% of its earnings in the form of a dividend. Boardwalk REIT pays out 9.9% 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 REIT's average media sentiment score of 0.51 beat Canadian Apartment Properties REIT's score of 0.00 indicating that Boardwalk REIT is being referred to more favorably in the news media.
Summary
Canadian Apartment Properties REIT beats Boardwalk REIT on 12 of the 20 factors compared between the two stocks.
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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.
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.
CAR.UN vs. The Competition
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