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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. The last earnings update was 104 days ago. More info.
7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
---|---|---|---|---|---|---|
Canadian Apartment Properties Real Estate Investment Trust (CAR.UN) | -2.2% | 5.4% | 3.6% | 29.3% | 64.9% | 118.9% |
CA REITs | -0.3% | 4.2% | 3.9% | 9.7% | 17.9% | 14.5% |
CA Market | -0.4% | 3.7% | 2.3% | -1.1% | 20.3% | 4.2% |
Below are the data sources, inputs and calculation used to determine the intrinsic value for Canadian Apartment Properties Real Estate Investment Trust.
Data Point | Source | Value |
---|---|---|
Valuation Model | 2 Stage Free Cash Flow to Equity using Adjusted Funds From Operations | |
Levered Adjusted Funds From Operations | Average of 3 Analyst Estimates (S&P Global) | See below |
Discount Rate (Cost of Equity) | See below | 8.4% |
Perpetual Growth Rate | 10-Year CA Government Bond Rate | 1.9% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
Data Point | Calculation/ Source | Result |
---|---|---|
Risk-Free Rate | 10-Year CA Govt Bond Rate | 1.9% |
Equity Risk Premium | S&P Global | 8.1% |
REITs Unlevered Beta | Simply Wall St/ S&P Global | 0.36 |
Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.36 (1 + (1- 26.5%) (54.75%)) |
0.505 |
Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.8 |
Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.95% + (0.8 * 8.05%) |
8.39% |
Discounted Cash Flow Calculation for TSX:CAR.UN using 2 Stage Free Cash Flow to Equity using Adjusted Funds From Operations Model
The calculations below outline how an intrinsic value for Canadian Apartment Properties Real Estate Investment Trust is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.
Canadian Apartment Properties Real Estate Investment Trust is a Real Estate Investment Trust (REIT), we use funds from operations (FFO) or adjusted funds from operations (AFFO) instead of levered free cash flow for REITs. This excludes depreciation and borrowing. Ideally analysts estimates of AFFO are used, where these aren't available we use FFO.
2019 | 2020 | 2021 | 2022 | 2023 | |
Adjusted Funds From Operations (AFFO) (CAD, Millions) | 264.80 | 273.85 | 296.97 | 322.05 | 349.24 |
Source | Analyst x3 | Analyst x2 | Est @ 8.44% | Est @ 8.44% | Est @ 8.44% |
Present Value Discounted (@ 8.39%) |
244.30 | 233.10 | 233.21 | 233.33 | 233.45 |
Present value of next 5 years cash flows | CA$1,177.39 |
Calculation | Result | |
---|---|---|
Terminal Value |
= FCF2023
× (1 + g) ÷ (Discount Rate – g)
= CA$349.24 × (1 + 1.95%) ÷ (8.39% – 1.95%) |
CA$5,526.46 |
Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)5
= CA$5,526.46 ÷ (1 + 8.39%)5 |
CA$3,694.14 |
Calculation | Result | |
---|---|---|
Total Equity Value |
= Present value of next 5 years cash flows +
Terminal Value
= CA$1,177.39 + CA$3,694.14 |
CA$4,871.53 |
Equity Value per Share (CAD) |
= Total value / Shares Outstanding
= CA$4,871.53 / 152.20 |
CA$32.01 |
Calculation | Result | |
---|---|---|
Value per share (CAD) | From above. | CA$32.01 |
Current discount | Discount to share price of
CA$47.62
= -1 x (CA$47.62 - CA$32.01) / CA$32.01 |
-48.8% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Data Point | Source | Value |
---|---|---|
Earnings Per Share * | Company Filings (2018-09-30) in CAD | CA$6.09 |
TSX:CAR.UN Share Price ** | TSX (2019-02-15) in CAD | CA$47.62 |
Canada REITs Industry PE Ratio | Median Figure of 41 Publicly-Listed REITs Companies | 8.86x |
Canada Market PE Ratio | Median Figure of 559 Publicly-Listed Companies | 14.87x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Canadian Apartment Properties Real Estate Investment Trust.
Calculation | Outcome | |
---|---|---|
PE Ratio | = TSX:CAR.UN Share Price ÷ EPS (both in CAD) = 47.62 ÷ 6.09 |
7.82x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
Data Point | Source | Value |
---|---|---|
PE Ratio | See PE Ratio Section | 7.82x |
Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts |
-16.7%per year |
Canada REITs Industry PEG Ratio | Median Figure of 5 Publicly-Listed REITs Companies | -0.37x |
Canada Market PEG Ratio | Median Figure of 261 Publicly-Listed Companies | 0.96x |
*Line of best fit is calculated by linear regression .
Calculation | Outcome | |
---|---|---|
PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 7.82x ÷ -16.7% |
-0.47x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
Data Point | Source | Value |
---|---|---|
Book Value per Share | Company Filings (2018-09-30) in CAD | CA$38.20 |
TSX:CAR.UN Share Price * | TSX (2019-02-15) in CAD | CA$47.62 |
Canada REITs Industry PB Ratio | Median Figure of 42 Publicly-Listed REITs Companies | 0.97x |
Canada Market PB Ratio | Median Figure of 2,329 Publicly-Listed Companies | 1.52x |
Calculation | Outcome | |
---|---|---|
PB Ratio | = TSX:CAR.UN Share Price ÷ Book Value per Share (both in CAD) = 47.62 ÷ 38.20 |
1.25x |
* Primary Listing of Canadian Apartment Properties Real Estate Investment Trust.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
Data Point | Source | Value (per year) |
---|---|---|
TSX:CAR.UN Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts | -16.7% |
TSX:CAR.UN Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts | 5% |
Canada REITs Industry Earnings Growth Rate | Market Cap Weighted Average | 5.2% |
Canada REITs Industry Revenue Growth Rate | Market Cap Weighted Average | 4.5% |
Canada Market Earnings Growth Rate | Market Cap Weighted Average | 16.9% |
Canada Market Revenue Growth Rate | Market Cap Weighted Average | 7.1% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Data Point | Source | Value |
---|---|---|
Past Financials | Company Filings (4 months ago) | See Below |
Future Estimates | Average of up to 3 Analyst Estimates (S&P Global) | See Below |
Date (Data in CAD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
---|---|---|---|---|
2020-12-31 | 754 | 500 | 2 | |
2019-12-31 | 730 | 458 | 481 | 3 |
2018-12-31 | 686 | 396 | 553 | 4 |
Date (Data in CAD Millions) | Revenue | Cash Flow | Net Income * |
---|---|---|---|
2018-09-30 | 675 | 397 | 858 |
2018-06-30 | 665 | 389 | 955 |
2018-03-31 | 651 | 381 | 796 |
2017-12-31 | 639 | 359 | 837 |
2017-09-30 | 627 | 362 | 584 |
2017-06-30 | 617 | 355 | 499 |
2017-03-31 | 607 | 352 | 495 |
2016-12-31 | 597 | 357 | 439 |
2016-09-30 | 587 | 321 | 453 |
2016-06-30 | 567 | 319 | 318 |
2016-03-31 | 550 | 298 | 379 |
2015-12-31 | 534 | 293 | 346 |
*GAAP earnings excluding extraordinary items.
Data Point | Source | Value |
---|---|---|
Past Financials | Company Filings (4 months ago) | See Below |
Future Estimates | Average of up to 3 Analyst Estimates (S&P Global) | See Below |
All data from Canadian Apartment Properties Real Estate Investment Trust Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
Date (Data in CAD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
---|---|---|---|---|
2020-12-31 | 3.43 | 3.43 | 3.43 | 1.00 |
2019-12-31 | 3.29 | 3.29 | 3.29 | 1.00 |
2018-12-31 | 4.14 | 4.14 | 4.14 | 1.00 |
Date (Data in CAD Millions) | EPS * |
---|---|
2018-09-30 | 6.09 |
2018-06-30 | 6.88 |
2018-03-31 | 5.82 |
2017-12-31 | 6.15 |
2017-09-30 | 4.31 |
2017-06-30 | 3.71 |
2017-03-31 | 3.73 |
2016-12-31 | 3.36 |
2016-09-30 | 3.51 |
2016-06-30 | 2.54 |
2016-03-31 | 3.10 |
2015-12-31 | 2.92 |
*GAAP earnings excluding extraordinary items.
How has Canadian Apartment Properties Real Estate Investment Trust performed over the past 5 years?
All data from Canadian Apartment Properties Real Estate Investment Trust Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
Date (Data in CAD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
---|---|---|---|---|
2018-09-30 | 675.35 | 858.36 | 71.20 | |
2018-06-30 | 664.77 | 954.60 | 64.33 | |
2018-03-31 | 651.25 | 795.88 | 53.21 | |
2017-12-31 | 638.84 | 836.81 | 55.84 | |
2017-09-30 | 627.14 | 584.19 | 50.80 | |
2017-06-30 | 617.23 | 499.02 | 39.34 | |
2017-03-31 | 606.80 | 494.52 | 52.75 | |
2016-12-31 | 596.83 | 439.48 | 52.02 | |
2016-09-30 | 586.88 | 452.52 | 41.61 | |
2016-06-30 | 566.88 | 318.13 | 50.56 | |
2016-03-31 | 550.48 | 378.86 | 27.51 | |
2015-12-31 | 533.80 | 345.63 | 36.12 | |
2015-09-30 | 519.13 | 291.02 | 43.42 | |
2015-06-30 | 513.68 | 412.35 | 41.76 | |
2015-03-31 | 508.83 | 325.51 | 51.67 | |
2014-12-31 | 506.41 | 317.98 | 36.02 | |
2014-09-30 | 502.32 | 323.61 | 34.23 | |
2014-06-30 | 495.96 | 259.67 | 24.57 | |
2014-03-31 | 488.23 | 245.57 | 13.03 | |
2013-12-31 | 477.02 | 267.68 | 13.31 | |
2013-09-30 | 465.11 | 342.27 | 10.76 | |
2013-06-30 | 454.24 | 385.31 | 19.08 | |
2013-03-31 | 432.48 | 447.43 | 28.46 | |
2012-12-31 | 412.42 | 412.26 | 27.24 | |
2012-09-30 | 394.88 | 475.64 | 27.21 | |
2012-06-30 | 378.58 | 401.91 | 29.65 | |
2012-03-31 | 370.89 | 338.79 | 24.19 |
*GAAP earnings excluding extraordinary items.
All data from Canadian Apartment Properties Real Estate Investment Trust Company Filings, last reported 4 months ago.
Date (Data in CAD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
---|---|---|---|
2018-09-30 | 5,523.02 | 3,968.04 | 25.69 |
2018-06-30 | 5,445.15 | 3,908.82 | 25.19 |
2018-03-31 | 5,197.05 | 3,913.38 | 23.97 |
2017-12-31 | 4,923.41 | 4,042.47 | 23.79 |
2017-09-30 | 4,560.68 | 3,919.39 | 25.76 |
2017-06-30 | 4,366.14 | 3,636.63 | |
2017-03-31 | 4,276.16 | 3,558.81 | |
2016-12-31 | 4,158.15 | 3,523.46 | |
2016-09-30 | 4,063.97 | 3,423.33 | |
2016-06-30 | 3,798.31 | 3,587.39 | |
2016-03-31 | 3,725.14 | 3,344.69 | |
2015-12-31 | 3,659.95 | 3,271.84 | |
2015-09-30 | 3,306.35 | 3,436.03 | |
2015-06-30 | 3,319.56 | 2,737.15 | |
2015-03-31 | 3,171.32 | 2,701.03 | |
2014-12-31 | 2,983.11 | 2,775.01 | |
2014-09-30 | 2,922.97 | 2,740.68 | |
2014-06-30 | 2,831.00 | 2,696.27 | |
2014-03-31 | 2,778.22 | 2,684.29 | |
2013-12-31 | 2,757.47 | 2,645.33 | |
2013-09-30 | 2,549.74 | 2,655.29 | |
2013-06-30 | 2,515.14 | 2,511.99 | |
2013-03-31 | 2,475.83 | 2,407.00 | |
2012-12-31 | 2,429.21 | 2,336.87 | |
2012-09-30 | 2,109.43 | 2,381.41 | |
2012-06-30 | 2,031.27 | 2,291.71 | |
2012-03-31 | 1,763.52 | 1,935.90 |
Data Point | Source | Value |
---|---|---|
Past Annualized Dividend Yield | S&P Global Market Data | See Below |
Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
Future Dividends per Share Estimates | Average of up to 3 Analyst Estimates (S&P Global) | See Below |
Canada REITs Industry Average Dividend Yield | Market Cap Weighted Average of 42 Stocks | 5.2% |
Canada Market Average Dividend Yield | Market Cap Weighted Average of 329 Stocks | 3.6% |
Canada Minimum Threshold Dividend Yield | 10th Percentile | 1.1% |
Canada Bottom 25% Dividend Yield | 25th Percentile | 2.1% |
Canada Top 25% Dividend Yield | 75th Percentile | 5.9% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
Date (Data in CA$) | Dividend per Share (annual) | Avg. No. Analysts |
---|---|---|
2020-12-31 | 1.38 | 4.00 |
2019-12-31 | 1.34 | 7.00 |
2018-12-31 | 1.31 | 7.00 |
Date (Data in CA$) | Dividend per share (annual) | Avg. Yield (%) |
---|---|---|
2019-02-15 | 1.330 | 2.793 |
2018-12-11 | 1.330 | 2.911 |
2018-11-15 | 1.330 | 2.851 |
2018-10-15 | 1.330 | 2.845 |
2018-08-15 | 1.330 | 2.821 |
2018-07-16 | 1.330 | 3.037 |
2018-06-15 | 1.330 | 3.076 |
2018-05-08 | 1.330 | 3.277 |
2018-04-16 | 1.280 | 3.414 |
2018-02-23 | 1.280 | 3.549 |
2017-11-06 | 1.280 | 3.503 |
2017-08-16 | 1.280 | 3.754 |
2017-07-18 | 1.280 | 3.893 |
2017-06-15 | 1.280 | 3.856 |
2017-05-15 | 1.280 | 3.789 |
2017-04-17 | 1.280 | 3.771 |
2017-02-27 | 1.280 | 3.911 |
2017-02-15 | 1.250 | 3.903 |
2017-01-16 | 1.250 | 3.939 |
2016-12-15 | 1.250 | 4.017 |
2016-11-14 | 1.250 | 4.112 |
2016-10-14 | 1.250 | 4.221 |
2016-09-15 | 1.250 | 4.243 |
2016-08-15 | 1.250 | 4.121 |
2016-07-15 | 1.250 | 3.880 |
2016-05-25 | 1.250 | 3.934 |
2016-04-18 | 1.220 | 4.032 |
2016-02-16 | 1.220 | 4.185 |
2016-01-18 | 1.220 | 4.207 |
2015-12-15 | 1.220 | 4.534 |
2015-11-16 | 1.220 | 4.648 |
2015-09-21 | 1.220 | 4.461 |
2015-08-18 | 1.220 | 4.325 |
2015-07-16 | 1.220 | 4.309 |
2015-06-16 | 1.220 | 4.363 |
2015-05-08 | 1.220 | 4.435 |
2015-04-15 | 1.180 | 4.061 |
2015-03-03 | 1.180 | 4.101 |
2015-02-13 | 1.180 | 4.220 |
2015-01-15 | 1.180 | 4.225 |
2014-12-16 | 1.180 | 4.591 |
2014-11-17 | 1.180 | 4.692 |
2014-10-15 | 1.180 | 4.750 |
2014-09-15 | 1.180 | 4.988 |
2014-08-15 | 1.180 | 4.924 |
2014-07-15 | 1.180 | 5.079 |
2014-05-27 | 1.180 | 5.183 |
2014-04-16 | 1.150 | 5.317 |
2014-03-17 | 1.150 | 5.444 |
2014-02-19 | 1.150 | 5.423 |
2014-01-15 | 1.150 | 5.416 |
2013-12-16 | 1.150 | 5.453 |
2013-11-15 | 1.150 | 5.567 |
2013-10-15 | 1.150 | 5.400 |
2013-09-18 | 1.150 | 5.614 |
2013-08-15 | 1.150 | 5.600 |
2013-07-15 | 1.150 | 5.326 |
2013-05-21 | 1.150 | 4.964 |
2013-05-16 | 1.120 | 4.434 |
2013-04-12 | 1.120 | 4.414 |
2013-03-06 | 1.120 | 4.464 |
2013-02-15 | 1.120 | 4.397 |
2013-01-17 | 1.120 | 4.388 |
2012-12-17 | 1.120 | 4.526 |
2012-10-19 | 1.116 | 4.647 |
2012-08-08 | 1.120 | 4.564 |
2012-07-16 | 1.080 | 4.345 |
2012-06-18 | 1.080 | 4.511 |
2012-05-17 | 1.080 | 4.586 |
2012-04-16 | 1.080 | 4.655 |
2012-03-08 | 1.080 | 4.808 |
2012-02-17 | 1.080 | 4.737 |
2012-01-19 | 1.080 | 4.724 |
2011-12-15 | 1.080 | 4.820 |
2011-11-18 | 1.080 | 5.099 |
2011-10-11 | 1.080 | 5.323 |
2011-09-16 | 1.080 | 5.140 |
2011-08-11 | 1.080 | 5.293 |
2011-07-19 | 1.080 | 5.530 |
2011-06-20 | 1.080 | 5.543 |
2011-05-17 | 1.080 | 5.622 |
2011-04-19 | 1.080 | 5.636 |
2011-02-16 | 1.080 | 5.766 |
2011-01-17 | 1.080 | 6.102 |
2010-11-22 | 1.080 | 6.261 |
2010-11-17 | 1.080 | 6.198 |
2010-10-15 | 1.080 | 6.231 |
2010-09-15 | 1.080 | 6.330 |
2010-08-13 | 1.080 | 6.534 |
2010-07-16 | 1.080 | 6.889 |
2010-06-15 | 1.080 | 7.056 |
2010-05-17 | 1.080 | 7.111 |
2010-04-12 | 1.080 | 7.505 |
2010-03-10 | 1.080 | 7.522 |
2010-02-12 | 1.080 | 7.639 |
2010-01-15 | 1.080 | 7.482 |
2009-12-16 | 1.080 | 7.651 |
2009-11-18 | 1.080 | 8.180 |
2009-10-16 | 1.080 | 7.815 |
2009-09-14 | 1.080 | 7.525 |
2009-08-13 | 1.080 | 8.109 |
2009-07-16 | 1.080 | 8.121 |
2009-06-15 | 1.080 | 8.010 |
2009-05-14 | 1.080 | 8.292 |
2009-04-16 | 1.080 | 8.624 |
2009-03-10 | 1.080 | 8.682 |
2009-02-20 | 1.080 | 8.431 |
2009-02-19 | 1.080 | 8.776 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
Average tenure of the Canadian Apartment Properties Real Estate Investment Trust management team in years:
Average tenure and age of the Canadian Apartment Properties Real Estate Investment Trust board of directors in years:
Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (CA$) | Value (CA$) | |
---|---|---|---|---|---|---|---|---|---|---|
01. Feb 19 | Buy | Gina Cody | Individual | 21. Dec 18 | 21. Dec 18 | 4,000 | CA$45.50 | CA$182,000 | ||
20. Nov 18 | Sell | Paul Harris | Individual | 15. Nov 18 | 19. Nov 18 | -2,000 | CA$46.88 | CA$-93,311 | ||
21. Aug 18 | Sell | Elaine Todres | Individual | 20. Aug 18 | 20. Aug 18 | -5,924 | CA$47.20 | CA$-278,413 | ||
15. Mar 18 | Buy | Michael Stein | Individual | 15. Mar 18 | 15. Mar 18 | 1,500 | CA$35.15 | CA$52,725 |
A look at the shareholders of Canadian Apartment Properties Real Estate Investment Trust (TSE:CAR.UN) can tell us which group is most powerful. … Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. … Canadian Apartment Properties Real Estate Investment Trust has a market capitalization of CA$7.3b, so it's too big to fly under the radar.
Simply Wall St - – Full articleSo before you buy or sell Canadian Apartment Properties Real Estate Investment Trust (TSE:CAR.UN), you may well want to know whether insiders have been buying or selling. … Canadian Apartment Properties Real Estate Investment Trust Insider Transactions Over The Last Year. … All up, insiders sold more shares in Canadian Apartment Properties Real Estate Investment Trust than they bought, over the last year
Simply Wall St - – Full articleCanadian Apartment Properties Real Estate Investment Trust is a CA$6.7b. … real estate investment trust (REIT) based in Toronto, Canada. … See our latest analysis for Canadian Apartment Properties Real Estate Investment Trust
Simply Wall St - – Full articleIf you want to know who really controls Canadian Apartment Properties Real Estate Investment Trust (TSE:CAR.UN), then you'll have to look at the makeup of its share registry. … Canadian Apartment Properties Real Estate Investment Trust has a market capitalization of CA$6.8b, so it's too big to fly under the radar. … Check out our latest analysis for Canadian Apartment Properties Real Estate Investment Trust
Simply Wall St - – Full articleCAPREIT 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. … Canadian Apartment Properties Real Estate Investment Trust's insiders have divested from. … A well-known argument is that insiders divesting from their own companies’ shares sends a pessimistic signal
Simply Wall St - – Full articleCanadian Apartment Properties Real Estate Investment Trust (TSE:CAR.UN), a reits company based in Canada,. … With many analysts covering the mid-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price? … Today I will analyse the most recent data on Canadian Apartment Properties Real Estate Investment Trust’s outlook and valuation to see if the opportunity still exists
Simply Wall St - – Full articleReturn on Equity = Net Profit ÷ Shareholders Equity ROE is measured against cost of equity in order to determine the efficiency of Canadian Apartment Properties Real Estate Investment Trust’s equity capital deployed. … This means Canadian Apartment Properties Real Estate Investment Trust returns enough to cover its own cost of equity, with a buffer of 8.57%. … Canadian Apartment Properties Real Estate Investment Trust’s above-industry ROE is encouraging, and is also in excess of its cost of equity.
Simply Wall St - – Full articleCanadian Apartment Properties Real Estate Investment Trust is a CA$4.82B mid-cap real estate investment trust (REIT) based in Toronto, Canada. … Check out our latest analysis for Canadian Apartment Properties Real Estate Investment Trust A common financial term REIT investors should know is Funds from Operations, or FFO for short, which is a REIT's main source of income from its portfolio of property, such as rent. … Canadian Apartment Properties Real Estate Investment Trust can bring about diversification for your portfolio, but before you decide to invest, take a look at the other aspects you must consider before investing: Future Outlook: What are well-informed industry analysts predicting for CAR.UN’s future growth?
Simply Wall St - – Full articleDoes Canadian Apartment Properties Real Estate Investment Trust tick all the boxes of a great dividend stock? … View our latest analysis for Canadian Apartment Properties Real Estate Investment Trust 5 questions I ask before picking a dividend stock When assessing a stock as a potential addition to my dividend Portfolio, I look at these five areas: Is its annual yield among the top 25% of dividend-paying companies? … TSX:CAR.UN Historical Dividend Yield Jan 30th 18 Does Canadian Apartment Properties Real Estate Investment Trust pass our checks?
Simply Wall St - – Full articleView our latest analysis for Canadian Apartment Properties Real Estate Investment Trust TSX:CAR.UN Ownership_summary Jan 15th 18 Institutional Ownership With an institutional ownership of 28.32%, CAR.UN can face volatile stock price movements if institutions execute block trades on the open market, more so, when there are relatively small amounts of shares available on the market to trade Although CAR.UN has a high institutional ownership, such stock moves, in the short-term, are more commonly linked to a particular type of active institutional investors – hedge funds. … This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions.
Simply Wall St - – Full article
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 September 30, 2018, CAPREIT had owning interests in 50,869 residential units, comprised of 44,277 residential suites and 32 MHC comprising 6,592 land lease sites.
Name: | Canadian Apartment Properties Real Estate Investment Trust |
CAR.UN | |
Exchange: | TSX |
Founded: | 1997 |
CA$7,247,563,948 | |
152,195,799 | |
Website: | http://www.caprent.com |
Address: |
Canadian Apartment Properties Real Estate Investment Trust 11 Church Street, Suite 401, Toronto, Ontario, M5E 1W1, Canada |
Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
---|---|---|---|---|---|---|---|
TSX | CAR.UN | Trust Units | The Toronto Stock Exchange | CA | CAD | 21. May 1998 | |
OTCPK | CDPY.F | Trust Units | Pink Sheets LLC | US | USD | 21. May 1998 |
Residential REITs | |
Real Estate |
Area | Date (UTC time) |
---|---|
Company Analysis updated: | 2019/02/18 01:20 |
End of day share price update: | 2019/02/15 00:00 |
Last estimates confirmation: | 2019/01/10 |
Last earnings filing: | 2018/11/06 |
Last earnings reported: | 2018/09/30 |
Last annual earnings reported: | 2017/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.