TD Securities Lowers Killam Apartment REIT (TSE:KMP.UN) Price Target to C$20.00

Killam Apartment REIT (TSE:KMP.UN) had its price objective cut by equities researchers at TD Securities from C$21.00 to C$20.00 in a report issued on Friday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. TD Securities’ price target would suggest a potential upside of 18.27% from the stock’s current price.

Other equities research analysts have also recently issued research reports about the company. ATB Cormark Capital Markets dropped their price target on Killam Apartment REIT from C$21.00 to C$20.00 and set an “outperform” rating on the stock in a research note on Friday. Raymond James Financial cut their target price on shares of Killam Apartment REIT from C$20.25 to C$20.00 and set an “outperform” rating for the company in a research note on Friday. Canaccord Genuity Group reduced their target price on shares of Killam Apartment REIT from C$20.00 to C$19.00 in a report on Thursday, November 6th. Royal Bank Of Canada lowered their price target on shares of Killam Apartment REIT from C$22.00 to C$21.00 and set an “outperform” rating on the stock in a report on Friday. Finally, BMO Capital Markets cut their price objective on shares of Killam Apartment REIT from C$20.00 to C$19.50 in a research report on Wednesday, November 12th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$20.00.

Killam Apartment REIT Trading Down 0.6%

Shares of TSE:KMP.UN opened at C$16.91 on Friday. Killam Apartment REIT has a 52-week low of C$15.48 and a 52-week high of C$19.80. The company has a debt-to-equity ratio of 82.05, a quick ratio of 0.03 and a current ratio of 0.10. The company has a market capitalization of C$2.05 billion, a P/E ratio of 3.77 and a beta of 0.75. The company has a 50-day simple moving average of C$17.02 and a 200 day simple moving average of C$17.34.

Killam Apartment REIT (TSE:KMP.UN) last announced its quarterly earnings results on Friday, February 13th. The company reported C($1.17) earnings per share for the quarter. Killam Apartment REIT had a return on equity of 12.07% and a net margin of 86.91%.The business had revenue of C$96.26 million for the quarter. Sell-side analysts forecast that Killam Apartment REIT will post 1.2904074 earnings per share for the current year.

Killam Apartment REIT News Summary

Here are the key news stories impacting Killam Apartment REIT this week:

• Positive Sentiment: Company highlights — management reported strong 2025 operating gains and emphasized a capital-recycling program that management says is improving operating performance and portfolio efficiency. This supports longer‑term cashflow and valuation recovery. Killam Apartment REIT Posts Strong 2025 Operating Gains Amid Capital Recycling Push
• Positive Sentiment: Quarterly operating metrics — the Q4/2025 report showed C$96.26M in revenue, a reported net margin of ~86.9% and ROE of 12.1%, signaling solid operating profitability even as reported EPS was affected by one‑time/non‑cash items. Investors may view the underlying operations as healthy. KILLAM APARTMENT REIT ANNOUNCES Q4-2025 AND 2025 OPERATING PERFORMANCE AND FINANCIAL RESULTS
• Neutral Sentiment: Analyst sentiment remains broadly positive — multiple firms (Raymond James, ATB Cormark, RBC, TD) kept Outperform/Buy ratings, indicating analysts still see upside (~18–25% from recent levels) despite the target trims. That keeps a constructive medium‑term narrative. Analyst Ratings
• Negative Sentiment: Price‑target cuts — several analysts trimmed targets: Raymond James C$20.25→C$20.00, ATB Cormark C$21.00→C$20.00, TD C$21.00→C$20.00 and RBC C$22.00→C$21.00. Even though ratings stayed positive, the cuts can push short‑term selling pressure and help explain the share decline. Analyst Ratings
• Negative Sentiment: Reported EPS distortion — the headline EPS was a loss (C$(1.17)) for the quarter, likely driven by non‑cash or one‑off items; headline negative EPS can trigger near‑term investor caution even when operating metrics look strong. Q4/2025 Results

Killam Apartment REIT Company Profile

Killam Apartment Real Estate Investment Trust is an open-ended mutual fund trust. The company specializes in the acquisition, management, and development of multi-residential apartment buildings and manufactured home communities (MHC). It has three main operating segments, Apartment segment, MHC segment, and Commercial segments. Apartment segment acquires, operates, manages and develops multi-family residential properties across Canada. MHC segment acquires and operates MHC communities in Ontario and Eastern Canada, and Commercial segment includes more than seven commercial properties.