What is Canadian Apartment Properties Real Estate Investment Trust's stock price target for 2024?

1 equities research analysts have issued 12-month price objectives for Canadian Apartment Properties Real Estate Investment Trust's shares. Their CDPYF share price targets range from $56.00 to $64.00. On average, they expect the company's stock price to reach $59.25 in the next twelve months. This suggests a possible upside of 91.7% from the stock's current price. View analysts price targets for CDPYF or view top-rated stocks among Wall Street analysts .

How have CDPYF shares performed in 2024?

Canadian Apartment Properties Real Estate Investment Trust's stock was trading at $37.0053 on January 1st, 2024. Since then, CDPYF shares have decreased by 16.5% and is now trading at $30.91. View the best growth stocks for 2024 here .

Are investors shorting Canadian Apartment Properties Real Estate Investment Trust?

Canadian Apartment Properties Real Estate Investment Trust saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 2,057,900 shares, an increase of 18.2% from the March 15th total of 1,741,700 shares. Based on an average daily trading volume, of 11,000 shares, the days-to-cover ratio is currently 187.1 days. View Canadian Apartment Properties Real Estate Investment Trust's Short Interest .

How often does Canadian Apartment Properties Real Estate Investment Trust pay dividends? What is the dividend yield for Canadian Apartment Properties Real Estate Investment Trust?

Canadian Apartment Properties Real Estate Investment Trust announced a dividend on Thursday, March 21st. Shareholders of record on Thursday, March 28th will be given a dividend of $0.0894 per share on Monday, April 15th. This represents a yield of 3%. The ex-dividend date of this dividend is Wednesday, March 27th. Read our dividend analysis for CDPYF .

Is Canadian Apartment Properties Real Estate Investment Trust a good dividend stock?

Canadian Apartment Properties Real Estate Investment Trust (OTCMKTS:CDPYF) pays an annual dividend of $1.16 per share and currently has a dividend yield of 4.68%. CDPYF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 39.43%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for CDPYF .

How do I buy shares of Canadian Apartment Properties Real Estate Investment Trust?

Shares of CDPYF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

OTCMKTS:CDPYF

Canadian Apartment Properties Real Estate Investment Trust (CDPYF) Stock Price, News & Analysis

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$30.91

-0.20 (-0.64%)

(As of 04/17/2024 ET)

Compare

Today's Range: $29.66
▼
$31.11
50-Day Range: $30.91
▼
$37.50
52-Week Range: $29.41
▼
$40.63

Volume: 1,139 shs
Average Volume: 13,183 shs
Market Capitalization: N/A

P/E Ratio: 10.53
Dividend Yield: 3.74%
Price Target: $59.25

Stock Analysis Analyst Forecasts Chart Dividend Headlines Short Interest

Get Canadian Apartment Properties Real Estate Investment Trust alerts:

Canadian Apartment Properties Real Estate Investment Trust MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 91.7% Upside
$59.25 Price Target
Short Interest: Bearish
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.82
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.04 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Canadian Apartment Properties Real Estate Investment Trust has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Canadian Apartment Properties Real Estate Investment Trust has received no research coverage in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
Canadian Apartment Properties Real Estate Investment Trust has a short interest ratio ("days to cover") of 187.1, which indicates bearish sentiment.
Change versus previous month
Short interest in Canadian Apartment Properties Real Estate Investment Trust has recently increased by 18.15%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Leadership
Canadian Apartment Properties Real Estate Investment Trust is a leading dividend payer. It pays a dividend yield of 4.68%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Canadian Apartment Properties Real Estate Investment Trust does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Canadian Apartment Properties Real Estate Investment Trust is 39.43%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CDPYF.

2.7

News and Social Media Coverage

News Sentiment
Canadian Apartment Properties Real Estate Investment Trust has a news sentiment score of 0.82. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Real Estate companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Canadian Apartment Properties Real Estate Investment Trust this week, compared to 1 article on an average week.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Canadian Apartment Properties Real Estate Investment Trust insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 23.75% of the stock of Canadian Apartment Properties Real Estate Investment Trust is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Canadian Apartment Properties Real Estate Investment Trust is 10.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.69.
Price to Earnings Ratio vs. Sector
The P/E ratio of Canadian Apartment Properties Real Estate Investment Trust is 10.53, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 209.82.

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About Canadian Apartment Properties Real Estate Investment Trust Stock (OTCMKTS:CDPYF)

CAPREIT is Canada's largest publicly traded provider of quality rental housing. As at December 31, 2023, CAPREIT owns approximately 64,300 residential apartment suites, townhomes and manufactured home community sites that are well-located across Canada and the Netherlands, with approximately $16.5 billion of investment properties in Canada and Europe.

CDPYF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CDPYF Stock News Headlines

April 16, 2024 | americanbankingnews.com

Canadian Apartment Properties Real Estate Investment Trust (OTCMKTS:CDPYF) Sees Large Growth in Short Interest

April 15, 2024 | finanznachrichten.de

Canadian Apartment Properties Real Estate Investment Trust: CAPREIT Announces April 2024 Distribution

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 15, 2024 | globenewswire.com

CAPREIT Announces April 2024 Distribution

April 5, 2024 | msn.com

Trudeau Creates Fund For Nonprofits to Buy Apartment Buildings

April 5, 2024 | msn.com

Ottawa pitches $1.5B rental protection fund to buy apartments

April 2, 2024 | globenewswire.com

CAPREIT Announces Timing of First Quarter 2024 Results & Conference Call

March 28, 2024 | globenewswire.com

CAPREIT Announces $216MM in Strategic Transactions

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

March 22, 2024 | finanznachrichten.de

Canadian Apartment Properties Real Estate Investment Trust: CAPREIT Announces Renewal of Normal Course Issuer Bid

March 20, 2024 | globenewswire.com

CAPREIT Announces Renewal of Normal Course Issuer Bid

March 15, 2024 | marketwatch.com

Canada Household Debt Levels Ease for Third Straight Quarter

March 15, 2024 | globenewswire.com

CAPREIT Announces March 2024 Distribution

February 22, 2024 | finance.yahoo.com

CAPREIT Reports Fourth Quarter and Year End 2023 Results

February 22, 2024 | globenewswire.com

CAPREIT Reports Fourth Quarter and Year End 2023 Results

February 22, 2024 | msn.com

Investors: What to Expect From Canada’s Real Estate Market in 2024

February 21, 2024 | msn.com

Renters In These Canadian Cities Have A Lower Quality Of Life & The Prices Are Eyewatering

February 15, 2024 | globenewswire.com

CAPREIT Announces February 2024 Distribution

February 8, 2024 | markets.businessinsider.com

Custodian Property Income REIT plc: Directors’ purchase of ordinary shares

February 2, 2024 | msn.com

Toronto Mayor Opts for Less-Than-Expected 9.5% Property Tax Rise

February 1, 2024 | bloomberg.com

Allied Takes $371 Million Writedown on Canada Office Properties

February 1, 2024 | markets.businessinsider.com

Edison issues update on Picton Property Income (PCTN): Capturing rent potential in Q3

January 30, 2024 | msn.com

Housing prices rose the most in these 5 spots in Canada in 2023

January 29, 2024 | finance.yahoo.com

Canadian Apartment Properties Real Estate Investment Trust's Dividend Analysis

December 20, 2023 | finance.yahoo.com

CAPREIT Announces $101MM in New Strategic Transactions

December 20, 2023 | realmoney.thestreet.com

Canadian Apartment Properties just downgraded at Canaccord, here's why

November 22, 2023 | msn.com

A realtor says a $660 apartment listing asking tenants to share a bed proves how 'grim' the affordable housing crisis is

See More Headlines

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Company Calendar

Ex-Dividend for 3/15 Dividend: 2/28/2024
Dividend Payable: 3/15/2024
Ex-Dividend for 4/15 Dividend: 3/27/2024
Dividend Payable: 4/15/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/10/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Real Estate
Industry: REIT - Residential
Sub-Industry: N/A
Current Symbol: OTCMKTS:CDPYF
CUSIP: N/A
CIK: N/A
Web: www.caprent.com
Phone: (416) 861-9404
Fax: N/A
Employees: 1,076
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $59.25
High Stock Price Target: $64.00
Low Stock Price Target: $56.00
Potential Upside/Downside: +91.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 10.53
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

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Key Executives

Mr. Mark Kenney (Age 55)
CEO, President & Trustee
Comp: $1.53M
Mr. Stephen Co
Chief Financial Officer
Mr. Julian Schonfeldt
Chief Investment Officer
Roman Brailovski
Executive Vice President of Operations
Clayton Yeung
Senior Vice President of Financial Reporting & Accounting
Andrew Wood
Executive Vice President of Technology
Ms. Archna Sharma
Executive Vice President of Risk & Compliance
Elise Lenser
Vice President of Legal & Corporate Secretary
Ms. Jodi Lieberman
Chief People, Culture & Brand Officer
Mr. Gobal Mailwaganam
MD and Director of Housing & Municipal Affairs

Key Competitors

View All Competitors

CDPYF Stock Analysis - Frequently Asked Questions

Should I buy or sell Canadian Apartment Properties Real Estate Investment Trust stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canadian Apartment Properties Real Estate Investment Trust in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CDPYF shares.
View CDPYF analyst ratings or view top-rated stocks.
What is Canadian Apartment Properties Real Estate Investment Trust's stock price target for 2024?: 1 equities research analysts have issued 12-month price objectives for Canadian Apartment Properties Real Estate Investment Trust's shares. Their CDPYF share price targets range from $56.00 to $64.00. On average, they expect the company's stock price to reach $59.25 in the next twelve months. This suggests a possible upside of 91.7% from the stock's current price.
View analysts price targets for CDPYF or view top-rated stocks among Wall Street analysts.
How have CDPYF shares performed in 2024?: Canadian Apartment Properties Real Estate Investment Trust's stock was trading at $37.0053 on January 1st, 2024. Since then, CDPYF shares have decreased by 16.5% and is now trading at $30.91.
View the best growth stocks for 2024 here.
Are investors shorting Canadian Apartment Properties Real Estate Investment Trust?: Canadian Apartment Properties Real Estate Investment Trust saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 2,057,900 shares, an increase of 18.2% from the March 15th total of 1,741,700 shares. Based on an average daily trading volume, of 11,000 shares, the days-to-cover ratio is currently 187.1 days.
View Canadian Apartment Properties Real Estate Investment Trust's Short Interest.

When is Canadian Apartment Properties Real Estate Investment Trust's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, May 10th 2024.
View our CDPYF earnings forecast.
How often does Canadian Apartment Properties Real Estate Investment Trust pay dividends? What is the dividend yield for Canadian Apartment Properties Real Estate Investment Trust?: Canadian Apartment Properties Real Estate Investment Trust announced a dividend on Thursday, March 21st. Shareholders of record on Thursday, March 28th will be given a dividend of $0.0894 per share on Monday, April 15th. This represents a yield of 3%. The ex-dividend date of this dividend is Wednesday, March 27th.
Read our dividend analysis for CDPYF.
Is Canadian Apartment Properties Real Estate Investment Trust a good dividend stock?: Canadian Apartment Properties Real Estate Investment Trust (OTCMKTS:CDPYF) pays an annual dividend of $1.16 per share and currently has a dividend yield of 4.68%. CDPYF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 39.43%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CDPYF.
How do I buy shares of Canadian Apartment Properties Real Estate Investment Trust?: Shares of CDPYF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:CDPYF) was last updated on 4/18/2024 by MarketBeat.com Staff

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Canadian Apartment Properties Real Estate Investment Trust (CDPYF) Stock Price, News & Analysis

Canadian Apartment Properties Real Estate Investment Trust MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Canadian Apartment Properties Real Estate Investment Trust Stock (OTCMKTS:CDPYF)

CDPYF Stock Price History

CDPYF Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

CDPYF Stock Analysis - Frequently Asked Questions

Overall MarketRank^™