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MI.U

Minto Apartment Real Estate Investment Trust TSX:MI.UN Stock Report

Last Price

CA$15.71

Market Cap

CA$1.0b

7D

2.4%

1Y

-34.9%

Updated

10 Aug, 2022

Data

Company Financials +
MI.UN fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance6/6
Financial Health2/6
Dividends3/6

MI.UN Stock Overview

Minto Apartment Real Estate Investment Trust, an open-ended real estate investment trust, owns and operates a portfolio of income-producing multi-residential rental properties located in Canada.

Minto Apartment Real Estate Investment Trust Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Minto Apartment Real Estate Investment Trust
Historical stock prices
Current Share PriceCA$15.71
52 Week HighCA$24.57
52 Week LowCA$13.94
Beta0.95
1 Month Change7.16%
3 Month Change-12.82%
1 Year Change-34.95%
3 Year Change-27.94%
5 Year Changen/a
Change since IPO-0.38%

Recent News & Updates

Shareholder Returns

MI.UNCA REITsCA Market
7D2.4%2.4%1.9%
1Y-34.9%-10.5%-1.1%

Return vs Industry: MI.UN underperformed the Canadian REITs industry which returned -10.8% over the past year.

Return vs Market: MI.UN underperformed the Canadian Market which returned -2% over the past year.

Price Volatility

Is MI.UN's price volatile compared to industry and market?
MI.UN volatility
MI.UN Average Weekly Movement4.0%
REITs Industry Average Movement3.5%
Market Average Movement10.8%
10% most volatile stocks in CA Market19.4%
10% least volatile stocks in CA Market4.3%

Stable Share Price: MI.UN is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: MI.UN's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2018n/aMichael Watershttps://www.mintoapartments.com

Minto Apartment Real Estate Investment Trust, an open-ended real estate investment trust, owns and operates a portfolio of income-producing multi-residential rental properties located in Canada. As of December 31, 2020, its portfolio consists of interests in 29 multi-residential rental properties, including three mixed-use residential apartment and commercial buildings in Toronto, Ottawa, Montréal, Calgary, and Edmonton. Minto Apartment Real Estate Investment Trust was founded in 2018 and is headquartered in Ottawa, Canada.

Minto Apartment Real Estate Investment Trust Fundamentals Summary

How do Minto Apartment Real Estate Investment Trust's earnings and revenue compare to its market cap?
MI.UN fundamental statistics
Market CapCA$1.02b
Earnings (TTM)CA$324.04m
Revenue (TTM)CA$131.70m

1.9x

P/E Ratio

4.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MI.UN income statement (TTM)
RevenueCA$131.70m
Cost of RevenueCA$51.73m
Gross ProfitCA$79.97m
Other Expenses-CA$244.07m
EarningsCA$324.04m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

Aug 10, 2022

Earnings per share (EPS)8.09
Gross Margin60.72%
Net Profit Margin246.04%
Debt/Equity Ratio87.8%

How did MI.UN perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

39%

Payout Ratio