How has Canadian Apartment Properties Real Estate Investment Trust performed over the past 5 years?
26.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CAR.UN has a large one-off gain of CA$611.2M impacting its September 30 2020 financial results.
Growing Profit Margin: CAR.UN's current net profit margins are lower than last year .
Past Earnings Growth Analysis
Earnings Trend: CAR.UN's earnings have grown significantly by 26% per year over the past 5 years.
Accelerating Growth: CAR.UN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CAR.UN had negative earnings growth (-35%) over the past year, making it difficult to compare to the REITs industry average (16.4%).
Return on Equity
High ROE: CAR.UN's Return on Equity (10.5%) is considered low.
How experienced are the management team and are they aligned to shareholders interests?
2.7yrs
Average management tenure
CEO
Mark Kenney (52 yo)
1.83yrs
Tenure
CA$3,185,816
Compensation
Mr. Mark Kenney has been President of Canadian Apartment Properties Real Estate Investment Trust since November 14, 2018 and serves as its Chief Executive Officer since March 27, 2019. Mr. Kenney also serv...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD2.50M) is below average for companies of similar size in the Canadian market ($USD3.61M).
Compensation vs Earnings: Mark's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
Name
Position
Tenure
Compensation
Ownership
Mark Kenney
CEO, President & Director
1.83yrs
CA$3.19m
0.15% CA$ 13.0m
Scott Cryer
Chief Financial Officer
9.58yrs
CA$1.24m
no data
Jonathan Fleischer
Executive Vice President
no data
CA$685.57k
no data
Stephen Co
Vice President of Accounting
2.67yrs
no data
no data
Corinne Pruzanski
General Counsel & Corporate Secretary
no data
no data
0.0074% CA$ 649.7k
Jodi Lieberman-zbar
Chief Human Resources Officer
no data
no data
0.0014% CA$ 120.8k
Gobal Mailwaganam
MD and Director of Housing & Municipal Affairs
no data
no data
no data
Patti Baker
Managing Director
no data
no data
no data
Judy Harkai
Managing Director
no data
no data
no data
Carmen Perez
Managing Director
no data
no data
no data
Priyanka Taneja
Vice President of Finance
2.67yrs
no data
no data
Tom Penney
Resident Manager
no data
no data
no data
2.7yrs
Average Tenure
Experienced Management: CAR.UN's management team is considered experienced (2.7 years average tenure).
Board Members
Name
Position
Tenure
Compensation
Ownership
Mark Kenney
CEO, President & Director
1.83yrs
CA$3.19m
0.15% CA$ 13.0m
Michael Stein
Independent Chairman of the Board
24yrs
CA$270.00k
0.22% CA$ 19.3m
René Tremblay
Independent Trustee
1yr
no data
no data
Harold Burke
Independent Trustee
10.67yrs
CA$131.25k
no data
Poonam Puri
Independent Trustee
1.58yrs
CA$93.03k
no data
Gina Cody
Independent Trustee
3.67yrs
CA$197.36k
0.013% CA$ 1.2m
Elaine Todres
Independent Trustee
7.67yrs
CA$152.50k
0.0017% CA$ 153.4k
Jamie Schwartz
Independent Trustee
2.83yrs
CA$170.00k
0.00010% CA$ 8.8k
3.3yrs
Average Tenure
64yo
Average Age
Experienced Board: CAR.UN's board of directors are considered experienced (3.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Canadian Apartment Properties Real Estate Investment Trust's company bio, employee growth, exchange listings and data sources
Key Information
Name: Canadian Apartment Properties Real Estate Investment Trust
Canadian Apartment Properties Real Estate Investment Trust
11 Church Street
Suite 401
Toronto
Ontario
M5E 1W1
Canada
Listings
Ticker
Exchange
Primary Security
Security Type
Country
Currency
Listed on
CAR.UN
TSX (The Toronto Stock Exchange)
Yes
Trust Units
CA
CAD
May 1998
CDPY.F
OTCPK (Pink Sheets LLC)
Yes
Trust Units
US
USD
May 1998
CARUN N
BMV (Bolsa Mexicana de Valores)
Yes
Trust Units
MX
MXN
May 1998
0OJ
DB (Deutsche Boerse AG)
Yes
Trust Units
DE
EUR
May 1998
Biography
CAPREIT is one of Canada's largest real estate investment trusts. CAPREIT owns approximately 57,000 suites, including townhomes and manufactured housing sites, in Canada and, indirectly through its investm...
Company Analysis and Financial Data Status
All financial data provided by Standard & Poor's Capital IQ.
Data
Last Updated (UTC time)
Company Analysis
2021/01/24 00:00
End of Day Share Price
2021/01/22 00:00
Earnings
2020/09/30
Annual Earnings
2019/12/31
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.