MI.UN Stock Overview
An open-ended real estate investment trust, owns and operates a portfolio of income-producing multi-residential rental properties located in Canada.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
Minto Apartment Real Estate Investment Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$14.97 |
| 52 Week High | CA$17.89 |
| 52 Week Low | CA$12.81 |
| Beta | 1.19 |
| 1 Month Change | -2.28% |
| 3 Month Change | -11.73% |
| 1 Year Change | -1.71% |
| 3 Year Change | -30.01% |
| 5 Year Change | -23.23% |
| Change since IPO | -5.07% |
Recent News & Updates
Recent updates
Shareholder Returns
| MI.UN | CA Residential REITs | CA Market | |
|---|---|---|---|
| 7D | -1.7% | 0.01% | 1.2% |
| 1Y | -1.7% | -1.9% | 11.8% |
Return vs Industry: MI.UN matched the Canadian Residential REITs industry which returned -1.9% over the past year.
Return vs Market: MI.UN underperformed the Canadian Market which returned 11.8% over the past year.
Price Volatility
| MI.UN volatility | |
|---|---|
| MI.UN Average Weekly Movement | 3.3% |
| Residential REITs Industry Average Movement | 2.7% |
| Market Average Movement | 8.9% |
| 10% most volatile stocks in CA Market | 17.9% |
| 10% least volatile stocks in CA Market | 2.9% |
Stable Share Price: MI.UN has not had significant price volatility in the past 3 months.
Volatility Over Time: MI.UN's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2018 | 179 | Jonathan Li | www.mintoapartmentreit.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
| MI.UN fundamental statistics | |
|---|---|
| Market cap | CA$1.00b |
| Earnings (TTM) | -CA$111.23m |
| Revenue (TTM) | CA$158.47m |
3.8x
P/S Ratio-5.4x
P/E RatioIs MI.UN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MI.UN income statement (TTM) | |
|---|---|
| Revenue | CA$158.47m |
| Cost of Revenue | CA$57.59m |
| Gross Profit | CA$100.88m |
| Other Expenses | CA$212.10m |
| Earnings | -CA$111.23m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -2.79 |
| Gross Margin | 63.66% |
| Net Profit Margin | -70.19% |
| Debt/Equity Ratio | 101.2% |
How did MI.UN perform over the long term?
See historical performance and comparisonDividends
3.4%
Current Dividend Yield36%
Payout RatioDoes MI.UN pay a reliable dividends?
See MI.UN dividend history and benchmarks| Minto Apartment Real Estate Investment Trust dividend dates | |
|---|---|
| Ex Dividend Date | May 31 2024 |
| Dividend Pay Date | Jun 14 2024 |
| Days until Ex dividend | 8 days |
| Days until Dividend pay date | 22 days |
Does MI.UN pay a reliable dividends?
See MI.UN dividend history and benchmarks