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Marwest Apartment Real Estate Investment Trust TSXV:MAR.UN Stock Report

Last Price

CA$0.85

Market Cap

CA$16.6m

7D

-5.6%

1Y

41.7%

Updated

24 Apr, 2024

Data

Company Financials

Marwest Apartment Real Estate Investment Trust

TSXV:MAR.UN Stock Report

Market Cap: CA$16.6m

MAR.UN Stock Overview

Marwest Apartment Real Estate Investment Trust (the "REIT") is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust dated July 2, 2020, which was amended and restated on April 30, 2021.

MAR.UN fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health0/6
Dividends2/6

Marwest Apartment Real Estate Investment Trust Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Marwest Apartment Real Estate Investment Trust
Historical stock prices
Current Share PriceCA$0.85
52 Week HighCA$0.90
52 Week LowCA$0.52
Beta0.38
1 Month Change1.19%
3 Month Change16.44%
1 Year Change41.67%
3 Year Changen/a
5 Year Changen/a
Change since IPO-19.05%

Recent News & Updates

Marwest Apartment Real Estate Investment Trust (CVE:MAR.UN) Will Pay A Dividend Of CA$0.0013

Feb 21
Marwest Apartment Real Estate Investment Trust (CVE:MAR.UN) Will Pay A Dividend Of CA$0.0013

Recent updates

Marwest Apartment Real Estate Investment Trust (CVE:MAR.UN) Will Pay A Dividend Of CA$0.0013

Feb 21
Marwest Apartment Real Estate Investment Trust (CVE:MAR.UN) Will Pay A Dividend Of CA$0.0013

Marwest Apartment Real Estate Investment Trust (CVE:MAR.UN) Will Pay A Dividend Of CA$0.0013

Nov 23
Marwest Apartment Real Estate Investment Trust (CVE:MAR.UN) Will Pay A Dividend Of CA$0.0013

Marwest Apartment Real Estate Investment Trust (CVE:MAR.UN) Will Pay A Dividend Of CA$0.0013

Sep 24
Marwest Apartment Real Estate Investment Trust (CVE:MAR.UN) Will Pay A Dividend Of CA$0.0013

Marwest Apartment Real Estate Investment Trust (CVE:MAR.UN) Has Announced That It Will Be Increasing Its Dividend To CA$0.0013

Aug 18
Marwest Apartment Real Estate Investment Trust (CVE:MAR.UN) Has Announced That It Will Be Increasing Its Dividend To CA$0.0013

Marwest Apartment Real Estate Investment Trust (CVE:MAR.UN) Has Affirmed Its Dividend Of CA$0.0013

Jul 20
Marwest Apartment Real Estate Investment Trust (CVE:MAR.UN) Has Affirmed Its Dividend Of CA$0.0013

Marwest Apartment Real Estate Investment Trust (CVE:MAR.UN) Is Due To Pay A Dividend Of CA$0.0013

May 20
Marwest Apartment Real Estate Investment Trust (CVE:MAR.UN) Is Due To Pay A Dividend Of CA$0.0013

Marwest Apartment Real Estate Investment Trust's (CVE:MAR.UN) Dividend Will Be CA$0.0013

Mar 27
Marwest Apartment Real Estate Investment Trust's (CVE:MAR.UN) Dividend Will Be CA$0.0013

Shareholder Returns

MAR.UNCA Capital MarketsCA Market
7D-5.6%1.5%1.2%
1Y41.7%26.2%6.1%

Return vs Industry: MAR.UN exceeded the Canadian Capital Markets industry which returned 26.2% over the past year.

Return vs Market: MAR.UN exceeded the Canadian Market which returned 6.1% over the past year.

Price Volatility

Is MAR.UN's price volatile compared to industry and market?
MAR.UN volatility
MAR.UN Average Weekly Movement16.6%
Capital Markets Industry Average Movement4.2%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.1%

Stable Share Price: MAR.UN has not had significant price volatility in the past 3 months.

Volatility Over Time: MAR.UN's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
2020n/aWilliam Martenswww.marwestreit.com

Marwest Apartment Real Estate Investment Trust (the "REIT") is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust dated July 2, 2020, which was amended and restated on April 30, 2021. The REIT was a closed-ended real estate investment trust at December 31, 2020 and converted to an open-ended real estate investment trust on April 30, 2021 pursuant to a resolution passed by the Board of Trustees. The REIT owns and operates a portfolio of income-producing multi-family investment properties located in Western Canada.

Marwest Apartment Real Estate Investment Trust Fundamentals Summary

How do Marwest Apartment Real Estate Investment Trust's earnings and revenue compare to its market cap?
MAR.UN fundamental statistics
Market capCA$16.57m
Earnings (TTM)CA$8.70m
Revenue (TTM)CA$9.96m

0.8x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MAR.UN income statement (TTM)
RevenueCA$9.96m
Cost of RevenueCA$3.60m
Gross ProfitCA$6.36m
Other Expenses-CA$2.34m
EarningsCA$8.70m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.01
Gross Margin63.86%
Net Profit Margin87.37%
Debt/Equity Ratio365.4%

How did MAR.UN perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

2%

Payout Ratio

Does MAR.UN pay a reliable dividends?

See MAR.UN dividend history and benchmarks
When do you need to buy MAR.UN by to receive an upcoming dividend?
Marwest Apartment Real Estate Investment Trust dividend dates
Ex Dividend DateApr 29 2024
Dividend Pay DateMay 15 2024
Days until Ex dividend5 days
Days until Dividend pay date21 days

Does MAR.UN pay a reliable dividends?

See MAR.UN dividend history and benchmarks
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