TSE:CAR.UN

Canadian Apartment Properties REIT (CAR.UN) Stock Price, News & Analysis

C$42.88
-0.16 (-0.37%)
(As of 11:02 AM ET)
Today's Range
C$42.77
C$43.07
50-Day Range
C$42.32
C$50.44
52-Week Range
C$40.52
C$54.60
Volume
104,052 shs
Average Volume
393,384 shs
Market Capitalization
C$7.19 billion
P/E Ratio
N/A
Dividend Yield
3.38%
Price Target
C$57.10
CAR.UN stock logo

About Canadian Apartment Properties REIT Stock (TSE:CAR.UN)

CAPREIT owns interests in multi-unit residential rental properties, including apartments, townhomes and manufactured home communities (“MHC”) primarily located in and near major urban centres across Canada. As at March 31, 2019, CAPREIT had owning interests in 53,143 residential units, comprised of 45,446 residential suites and 45 MHC, comprising 7,697 land lease sites.

CAR.UN Stock Price History

CAR.UN Stock News Headlines

$25,000 into $109,616 in two months?
Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…
$25,000 into $109,616 in two months?
Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…
2 REITs to Watch as Rates Retreat Next Year
Canadian Net REIT NET.UN
CAR_u Historical Data
3 Stocks to Fight Back Inflation
Canadian Apartment (CAR.UN) Received its Third Buy in a Row
Desjardins Keeps a Buy Rating on Canadian Apartment (CAR.UN)
See More Headlines
Receive CAR.UN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Canadian Apartment Properties REIT and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry
REIT - Residential
Sub-Industry
N/A
Current Symbol
TSE:CAR.UN
CIK
N/A
Fax
N/A
Employees
908
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$57.10
High Stock Price Target
C$62.00
Low Stock Price Target
C$53.50
Potential Upside/Downside
+33.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.92
Research Coverage
12 Analysts

Profitability

Net Income
C$-411,570,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$1.07 billion
Cash Flow
C$0.74 per share
Book Value
C$54.78 per share

Miscellaneous

Free Float
N/A
Market Cap
C$7.19 billion
Optionable
Not Optionable
Beta
1.18
A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for May 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report

Key Executives

  • Mr. Mark Kenney
    CEO, Pres & Director
  • Mr. Scott Cryer
    Chief Financial Officer
  • Mr. Stephen Co
    VP of Accounting
  • Ms. Corinne Pruzanski
    Gen. Counsel & Corp. Sec.
  • Ms. Jodi Lieberman
    Chief HR Officer

CAR.UN Stock Analysis - Frequently Asked Questions

Should I buy or sell Canadian Apartment Properties REIT stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Apartment Properties REIT in the last twelve months. There are currently 2 hold ratings, 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CAR.UN shares.
View CAR.UN analyst ratings
or view top-rated stocks.

What is Canadian Apartment Properties REIT's stock price target for 2024?

12 analysts have issued 1 year target prices for Canadian Apartment Properties REIT's stock. Their CAR.UN share price targets range from C$53.50 to C$62.00. On average, they anticipate the company's stock price to reach C$57.10 in the next twelve months. This suggests a possible upside of 32.7% from the stock's current price.
View analysts price targets for CAR.UN
or view top-rated stocks among Wall Street analysts.

How have CAR.UN shares performed in 2024?

Canadian Apartment Properties REIT's stock was trading at C$48.80 at the start of the year. Since then, CAR.UN shares have decreased by 11.8% and is now trading at C$43.04.
View the best growth stocks for 2024 here
.

Is Canadian Apartment Properties REIT a good dividend stock?

Canadian Apartment Properties REIT (TSE:CAR.UN) pays an annual dividend of C$1.45 per share and currently has a dividend yield of 3.26%.
Read our dividend analysis for CAR.UN.

How do I buy shares of Canadian Apartment Properties REIT?

Shares of CAR.UN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:CAR.UN) was last updated on 4/24/2024 by MarketBeat.com Staff

From Our Partners