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Boardwalk Real Estate Investment Trust OTCPK:BOWF.F Stock Report

Last Price

US$44.16

Market Cap

US$2.4b

7D

-7.7%

1Y

-17.6%

Updated

22 Dec, 2024

Data

Company Financials +

Boardwalk Real Estate Investment Trust

OTCPK:BOWF.F Stock Report

Market Cap: US$2.4b

BOWF.F Stock Overview

Boardwalk REIT strives to be Canada's friendliest community provider and is a leading owner/operator of multi-family rental communities. More details

BOWF.F fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance3/6
Financial Health1/6
Dividends3/6

Rewards

Trading at 32.3% below our estimate of its fair value

Earnings grew by 37.1% over the past year

Analysts in good agreement that stock price will rise by 34.2%

Risk Analysis

Interest payments are not well covered by earnings

Large one-off items impacting financial results

Unstable dividend track record


My Notes

Capture your thoughts, links and company narrative

Boardwalk Real Estate Investment Trust Competitors

NexPoint Residential Trust

NYSE:NXRT

US$1.1b

Camden Property Trust

NYSE:CPT

US$12.4b

UDR

NYSE:UDR

US$16.2b

Mid-America Apartment Communities

NYSE:MAA

US$18.4b

Price History & Performance

Summary of share price highs, lows and changes for Boardwalk Real Estate Investment Trust
Historical stock prices
Current Share PriceCA$44.16
52 Week HighCA$71.39
52 Week LowCA$43.73
Beta1.69
1 Month Change-12.08%
3 Month Change-31.99%
1 Year Change-17.55%
3 Year Change3.88%
5 Year Change23.98%
Change since IPO488.80%

Recent News & Updates

Recent updates

Shareholder Returns

BOWF.FUS Residential REITsUS Market
7D-7.7%-2.7%-2.4%
1Y-17.6%9.0%23.4%

Return vs Industry: BOWF.F underperformed the US Residential REITs industry which returned 8.9% over the past year.

Return vs Market: BOWF.F underperformed the US Market which returned 23.3% over the past year.

Price Volatility

Is BOWF.F's price volatile compared to industry and market?
BOWF.F volatility
BOWF.F Average Weekly Movement4.0%
Residential REITs Industry Average Movement3.1%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: BOWF.F has not had significant price volatility in the past 3 months compared to the US market.

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

About the Company

FoundedEmployeesCEOWebsite
19841,558Sam Koliaswww.boardwalkreit.com

Boardwalk REIT strives to be Canada's friendliest community provider and is a leading owner/operator of multi-family rental communities. Providing homes in more than 200 communities, with over 34,000 residential suites totaling over 29 million net rentable square feet, Boardwalk has a proven long-term track record of building better communities, where love always lives. Our three-tiered and distinct brands: Boardwalk Living, Boardwalk Communities, and Boardwalk Lifestyle, cater to a large diverse demographic and has evolved to capture the life cycle of all Resident Members.

Boardwalk Real Estate Investment Trust Fundamentals Summary

How do Boardwalk Real Estate Investment Trust's earnings and revenue compare to its market cap?
BOWF.F fundamental statistics
Market capUS$2.40b
Earnings (TTM)US$483.92m
Revenue (TTM)US$409.18m

4.5x

P/E Ratio

5.4x

P/S Ratio

Is BOWF.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BOWF.F income statement (TTM)
RevenueCA$588.02m
Cost of RevenueCA$218.39m
Gross ProfitCA$369.63m
Other Expenses-CA$325.79m
EarningsCA$695.42m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)14.07
Gross Margin62.86%
Net Profit Margin118.27%
Debt/Equity Ratio76.1%

How did BOWF.F perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

29%

Payout Ratio

Does BOWF.F pay a reliable dividends?

See BOWF.F dividend history and benchmarks
When do you need to buy BOWF.F by to receive an upcoming dividend?
Boardwalk Real Estate Investment Trust dividend dates
Ex Dividend DateDec 31 2024
Dividend Pay DateJan 15 2025
Days until Ex dividend9 days
Days until Dividend pay date24 days

Does BOWF.F pay a reliable dividends?

See BOWF.F dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 06:30
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Boardwalk Real Estate Investment Trust is covered by 24 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael MarkidisBMO Capital Markets Equity Research
Karine MacIndoeBMO Capital Markets Equity Research
Christopher KoutsikaloudisCanaccord Genuity