Should I buy or sell Minto Apartment Real Estate Invt Trust stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Minto Apartment Real Estate Invt Trust in the last year. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MI.UN shares. View MI.UN analyst ratings or view top-rated stocks .

What is Minto Apartment Real Estate Invt Trust's stock price target for 2024?

9 brokers have issued 12 month price objectives for Minto Apartment Real Estate Invt Trust's shares. Their MI.UN share price targets range from C$18.00 to C$22.50. On average, they expect the company's share price to reach C$20.27 in the next twelve months. This suggests a possible upside of 37.4% from the stock's current price. View analysts price targets for MI.UN or view top-rated stocks among Wall Street analysts .

How have MI.UN shares performed in 2024?

Minto Apartment Real Estate Invt Trust's stock was trading at C$16.18 at the beginning of 2024. Since then, MI.UN stock has decreased by 8.8% and is now trading at C$14.75. View the best growth stocks for 2024 here .

Is Minto Apartment Real Estate Invt Trust a good dividend stock?

Minto Apartment Real Estate Invt Trust (TSE:MI.UN) pays an annual dividend of C$0.51 per share and currently has a dividend yield of 3.19%.

How do I buy shares of Minto Apartment Real Estate Invt Trust?

Shares of MI.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 .

TSE:MI.UN

Minto Apartment Real Estate Invt Trust (MI.UN) Stock Price, News & Analysis

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C$14.75

+0.18 (+1.24%)

(As of 04/18/2024 ET)

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Today's Range: C$14.53
▼
C$14.76
50-Day Range: C$14.57
▼
C$17.19
52-Week Range: C$12.81
▼
C$17.89

Volume: 127,269 shs
Average Volume: 89,873 shs
Market Capitalization: C$588.53 million

P/E Ratio: N/A
Dividend Yield: 3.46%
Price Target: C$20.27

Stock Analysis Analyst Forecasts Chart Competitors Headlines

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Minto Apartment Real Estate Invt Trust MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.89 Rating Score
Upside/Downside: 37.4% Upside
C$20.27 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
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.

3.09 out of 5 stars

4.4

Analyst's Opinion

Consensus Rating
Minto Apartment Real Estate Invt Trust has received a consensus rating of Moderate Buy. The company's average rating score is 2.89, and is based on 8 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Minto Apartment Real Estate Invt Trust has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for MI.UN.

0.8

Dividend Strength

Dividend Yield
Minto Apartment Real Estate Invt Trust pays a meaningful dividend of 3.19%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Minto Apartment Real Estate Invt Trust does not have a long track record of dividend growth.

N/A

Sustainability and ESG

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

3.1

News and Social Media Coverage

News Sentiment
Minto Apartment Real Estate Invt Trust has a news sentiment score of 1.53. 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 0.52 average news sentiment score of Real Estate companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Minto Apartment Real Estate Invt Trust this week, compared to 0 articles on an average week.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Minto Apartment Real Estate Invt Trust insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.99% of the stock of Minto Apartment Real Estate Invt Trust is held by insiders.
Percentage Held by Institutions
41.33% of the stock of Minto Apartment Real Estate Invt Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Minto Apartment Real Estate Invt Trust is -5.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Minto Apartment Real Estate Invt Trust is -5.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Minto Apartment Real Estate Invt Trust has a P/B Ratio of 0.55. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Minto Apartment Real Estate Invt Trust Stock (TSE:MI.UN)

Minto Apartment Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario to own income-producing multi-residential properties located in urban markets in Canada. The REIT owns a portfolio of high-quality income-producing multi-residential rental properties located in Toronto, Ottawa, Calgary and Edmonton.

MI.UN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MI.UN Stock News Headlines

March 28, 2024 | wsj.com

Minto Apartment Real Estate Investment Trust

March 18, 2024 | msn.com

MINTO APARTMENT REIT declares $0.0421 dividend

April 19, 2024 | InvestorPlace (Ad)

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September 18, 2023 | msn.com

MINTO APARTMENT REIT declares CAD 0.0408 dividend

August 29, 2023 | seekingalpha.com

Minto Apartment: Attractively Priced Residential REIT

September 16, 2022 | yahoo.com

This $22 Million Neo-Georgian Townhome in NYC Comes With Bold, Modern Decor and Jeff Koons Artwork

June 8, 2022 | tmcnet.com

Seven Hills Realty Trust Closes $31.5 Million Bridge Loan to Finance the Acquisition of Summit Apartments in Farmington Hills, Michigan

June 4, 2022 | bizjournals.com

Troy riverfront land rezoned for $25 million apartment complex

April 19, 2024 | InvestorPlace (Ad)

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May 15, 2022 | benzinga.com

InvestNext is Powering Tomorrow's Real Estate Deals with an Innovative Investment Platform

See More Headlines

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Real Estate
Industry: REIT - Residential
Sub-Industry: N/A
Current Symbol: TSE:MI.UN
CUSIP: N/A
CIK: N/A
Web: www.mintoapartmentreit.com
Phone: 613-230-7051
Fax: N/A
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$20.27
High Stock Price Target: C$22.50
Low Stock Price Target: C$18.00
Potential Upside/Downside: +37.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.89
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($2.92)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 15.59
P/E Growth: N/A
Net Income: C$-116,660,000.00
Net Margins: -73.87%
Pretax Margin: N/A
Return on Equity: -10.18%
Return on Assets: 2.03%

Debt

Debt-to-Equity Ratio: 107.96
Current Ratio: 1.16
Quick Ratio: 0.04

Sales & Book Value

Annual Sales: C$157.92 million
Price / Sales: 3.73
Cash Flow: C$0.14 per share
Price / Cash Flow: 102.07
Book Value: C$27.00 per share
Price / Book: 0.55

Miscellaneous

Outstanding Shares: 39,900,000
Free Float: N/A
Market Cap: C$588.53 million
Optionable: Not Optionable
Beta: 1.18

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Key Executives

Mr. Roger Greenberg
Exec. Chairman
Mr. Michael R. Waters
CEO & Trustee
Mr. Robert Pike
Pres & COO
Ms. Julie Morin
Chief Financial Officer
Ms. Jaime McKenna
Chief Investment Officer

Key Competitors

View All Competitors

MI.UN Stock Analysis - Frequently Asked Questions

Should I buy or sell Minto Apartment Real Estate Invt Trust stock right now?: 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Minto Apartment Real Estate Invt Trust in the last year. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MI.UN shares.
View MI.UN analyst ratings or view top-rated stocks.
What is Minto Apartment Real Estate Invt Trust's stock price target for 2024?: 9 brokers have issued 12 month price objectives for Minto Apartment Real Estate Invt Trust's shares. Their MI.UN share price targets range from C$18.00 to C$22.50. On average, they expect the company's share price to reach C$20.27 in the next twelve months. This suggests a possible upside of 37.4% from the stock's current price.
View analysts price targets for MI.UN or view top-rated stocks among Wall Street analysts.
How have MI.UN shares performed in 2024?: Minto Apartment Real Estate Invt Trust's stock was trading at C$16.18 at the beginning of 2024. Since then, MI.UN stock has decreased by 8.8% and is now trading at C$14.75.
View the best growth stocks for 2024 here.

Is Minto Apartment Real Estate Invt Trust a good dividend stock?: Minto Apartment Real Estate Invt Trust (TSE:MI.UN) pays an annual dividend of C$0.51 per share and currently has a dividend yield of 3.19%.
How do I buy shares of Minto Apartment Real Estate Invt Trust?: Shares of MI.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:MI.UN) was last updated on 4/19/2024 by MarketBeat.com Staff

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Minto Apartment Real Estate Invt Trust (MI.UN) Stock Price, News & Analysis

Minto Apartment Real Estate Invt Trust MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

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 Minto Apartment Real Estate Invt Trust Stock (TSE:MI.UN)

MI.UN Stock Price History

MI.UN Stock News Headlines

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

MI.UN Stock Analysis - Frequently Asked Questions

Overall MarketRank^™