Killam Apartment REIT (TSE:KMP.UN) Receives C$20.00 Average Target Price from Brokerages

Shares of Killam Apartment REIT (TSE:KMP.UN) have earned a consensus rating of “Moderate Buy” from the six brokerages that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have covered the stock in the last year is C$20.00.

KMP.UN has been the topic of a number of recent research reports. Royal Bank Of Canada reduced 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 research report on Friday. BMO Capital Markets dropped their price objective on shares of Killam Apartment REIT from C$20.00 to C$19.50 in a research note on Wednesday, November 12th. TD Securities decreased their target price on Killam Apartment REIT from C$21.00 to C$20.00 and set a “buy” rating for the company in a research note on Friday. ATB Cormark Capital Markets lowered their target price on Killam Apartment REIT from C$21.00 to C$20.00 and set an “outperform” rating for the company in a report on Friday. Finally, Raymond James Financial cut their price target on Killam Apartment REIT from C$20.25 to C$20.00 and set an “outperform” rating on the stock in a report on Friday.

Key Stories Impacting Killam Apartment REIT

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 Trading Down 0.6%

KMP.UN opened at C$16.91 on Friday. The stock has a market capitalization of C$2.07 billion, a PE ratio of 69.83 and a beta of 0.75. The firm’s fifty day moving average price is C$17.02 and its 200 day moving average price is C$17.33. The company has a debt-to-equity ratio of 82.05, a current ratio of 0.10 and a quick ratio of 0.03. Killam Apartment REIT has a 12-month low of C$15.48 and a 12-month high of C$19.80.

Killam Apartment REIT (TSE:KMP.UN) last announced its quarterly earnings data on Friday, February 13th. The company reported C($1.17) earnings per share (EPS) for the quarter. Killam Apartment REIT had a net margin of 86.91% and a return on equity of 12.07%. The firm had revenue of C$96.26 million for the quarter. As a group, research analysts expect that Killam Apartment REIT will post 1.2904074 EPS for the current fiscal year.

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.