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S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
TSE:CAR.UN

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

C$46.41
+0.24 (+0.52%)
(As of 03/27/2024 ET)
Today's Range
C$46.14
C$46.76
50-Day Range
C$46.17
C$50.44
52-Week Range
C$40.52
C$54.60
Volume
303,166 shs
Average Volume
392,823 shs
Market Capitalization
C$7.78 billion
P/E Ratio
N/A
Dividend Yield
3.12%
Price Target
C$57.10

Canadian Apartment Properties REIT MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.92 Rating Score
Upside/​Downside
23.0% Upside
C$57.10 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.11mentions of Canadian Apartment Properties REIT in the last 14 days
Based on 4 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.

1.52 out of 5 stars

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

Warning: this could blow your mind
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Warning: this could blow your mind
Buckle up… ‘Cause this might shatter everything you’ve heard about “income trading”. In fact, it’s such an extreme diversion from what most people think of typical income trades that I call it: The Perfect Income Trade You see, most of the income techniques out there target a couple of percent. Maybe 5 - 10 percent if you’re lucky. But this new way of trading income on the world’s top stocks goes after more than 10x that kind of return. And here’s the best news of all: This trade can target an opportunity like that every week. Every single week. Meaning an investor has the chance to “stack up” these more aggressive income trades over and over. If that sounds interesting…
2 REITs to Watch as Rates Retreat Next Year
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Canadian Apartment (CAR.UN) Received its Third Buy in a Row
Desjardins Keeps a Buy Rating on Canadian Apartment (CAR.UN)
See More Headlines
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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
+23.0%
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$0.80 per share
Book Value
C$54.78 per share

Miscellaneous

Free Float
N/A
Market Cap
C$7.78 billion
Optionable
Not Optionable
Beta
1.18
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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 equities research analysts have issued "buy," "hold," and "sell" ratings for Canadian Apartment Properties REIT in the last year. There are currently 2 hold ratings, 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research 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 Wall Street research analysts have issued 1-year price objectives 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 predict the company's stock price to reach C$57.10 in the next year. This suggests a possible upside of 23.0% 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 stock has decreased by 4.9% and is now trading at C$46.41.
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 2.99%.
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 3/28/2024 by MarketBeat.com Staff

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