Canadian Apartment Properties REIT (CAR.UN) Competitors

C$45.27
-0.34 (-0.75%)
(As of 05/17/2024 ET)

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 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 business? We will contrast the two companies based on the strength of their earnings, institutional ownership, dividends, analyst recommendations, profitability, valuation, risk, community ranking and media sentiment.

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%

Canadian Apartment Properties REIT has a beta of 1.18, indicating that its stock price is 18% more volatile than the S&P 500. Comparatively, Boardwalk Real Estate Investment Trust has a beta of 1.74, indicating that its stock price is 74% more volatile than the S&P 500.

In the previous week, Boardwalk Real Estate Investment Trust had 1 more articles in the media than Canadian Apartment Properties REIT. MarketBeat recorded 4 mentions for Boardwalk Real Estate Investment Trust and 3 mentions for Canadian Apartment Properties REIT. Boardwalk Real Estate Investment Trust's average media sentiment score of 0.82 beat Canadian Apartment Properties REIT's score of 0.19 indicating that Boardwalk Real Estate Investment Trust is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Canadian Apartment Properties REIT
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Boardwalk Real Estate Investment Trust
1 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Canadian Apartment Properties REIT presently has a consensus price target of C$56.30, indicating a potential upside of 24.36%. Boardwalk Real Estate Investment Trust has a consensus price target of C$84.92, indicating a potential upside of 16.69%. Given Canadian Apartment Properties REIT's stronger consensus rating and higher probable upside, equities 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

Canadian Apartment Properties REIT pays an annual dividend of C$1.45 per share and has a dividend yield of 3.2%. 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.

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$1.08B7.00-C$126.23M-C$0.75-60.36
Boardwalk Real Estate Investment TrustC$558.58M6.43C$752.43MC$15.934.57

42.7% of Canadian Apartment Properties REIT shares are held by institutional investors. Comparatively, 41.8% of Boardwalk Real Estate Investment Trust shares are held by institutional investors. 0.4% of Canadian Apartment Properties REIT shares are held by company insiders. Comparatively, 17.9% of Boardwalk Real Estate Investment Trust shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

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%

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$7.57BC$1.32BC$1.43BC$5.48B
Dividend Yield3.15%5.01%6.89%5.53%
P/E Ratio-60.36135.34238.6623.40
Price / Sales7.00194.65344.442,193.02
Price / Cash57.91100.4960.9879.97
Price / Book0.830.611.463.22
Net Income-C$126.23MC$78.45M-C$85.16MC$291.35M
7 Day Performance-1.74%1.48%1.98%1.54%
1 Month Performance6.09%2.40%5.81%3.93%
1 Year Performance-6.91%-1.65%0.94%26.53%

Canadian Apartment Properties REIT Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BEI.UN
Boardwalk REIT
3.4393 of 5 stars
C$73.02
-0.3%
C$84.92
+16.3%
+19.1%C$3.61BC$558.58M4.581,700
KMP.UN
Killam Apartment REIT
2.1406 of 5 stars
C$17.44
+0.5%
C$21.93
+25.7%
+2.5%C$2.07BC$349.96M7.75616Positive News
High Trading Volume
CIGI
Colliers International Group
1.7954 of 5 stars
C$154.57
+0.2%
C$150.00
-3.0%
+23.0%C$7.76BC$4.37B52.5719,230News Coverage
Positive News
FSV
FirstService
1.518 of 5 stars
C$202.99
-0.1%
C$187.33
-7.7%
+1.9%C$9.13BC$4.47B73.0229,000
REI.UN
RioCan Real Estate Investment Trust
2.0475 of 5 stars
C$17.54
-1.1%
C$20.86
+18.9%
-12.7%C$5.27BC$1.21B103.18585Analyst Downgrade
GRT.UN
Granite Real Estate Investment Trust
2.8783 of 5 stars
C$70.55
-0.6%
C$87.70
+24.3%
-13.6%C$4.45BC$530.59M20.7544News Coverage
CHP.UN
Choice Properties Real Est Invstmnt Trst
1.7347 of 5 stars
C$13.04
-0.8%
C$14.81
+13.6%
-6.0%C$4.28BC$1.45B14.17238News Coverage
TCN
Tricon Residential
2.109 of 5 stars
C$15.34
-0.8%
C$12.39
-19.2%
N/AC$4.18BC$884.73M27.39978
DIR.UN
Dream Industrial Real Estate Invest Trst
1.5762 of 5 stars
C$12.97
-0.6%
C$15.94
+22.9%
-6.3%C$3.56BC$481.20M18.8090News Coverage
Positive News
SRU.UN
SmartCentres Real Estate Investment Trst
1.1254 of 5 stars
C$22.77
-0.5%
C$26.36
+15.8%
-10.5%C$3.29BC$929.40M9.37337Analyst Forecast
News Coverage

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This page (TSE:CAR.UN) was last updated on 5/19/2024 by MarketBeat.com Staff

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