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Minto Apartment Real Estate Investment Trust OTCPK:MIAP.F Stock Report

Last Price

US$9.38

Market Cap

US$848.1m

7D

-5.4%

1Y

n/a

Updated

23 Dec, 2024

Data

Company Financials +

Minto Apartment Real Estate Investment Trust

OTCPK:MIAP.F Stock Report

Market Cap: US$848.1m

MIAP.F Stock Overview

An open-ended real estate investment trust, owns and operates a portfolio of income-producing multi-residential rental properties located in Canada. More details

MIAP.F fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

Minto Apartment Real Estate Investment Trust Competitors

Price History & Performance

Summary of share price highs, lows and changes for Minto Apartment Real Estate Investment Trust
Historical stock prices
Current Share PriceCA$9.38
52 Week HighCA$10.77
52 Week LowCA$9.01
Beta1.22
1 Month Change-8.04%
3 Month Changen/a
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO4.11%

Recent News & Updates

Recent updates

Shareholder Returns

MIAP.FUS Residential REITsUS Market
7D-5.4%-3.0%-2.7%
1Yn/a9.0%23.4%

Return vs Industry: Insufficient data to determine how MIAP.F performed against the US Residential REITs industry.

Return vs Market: Insufficient data to determine how MIAP.F performed against the US Market.

Price Volatility

Is MIAP.F's price volatile compared to industry and market?
MIAP.F volatility
MIAP.F Average Weekly Movementn/a
Residential REITs Industry Average Movement3.1%
Market Average Movement6.3%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: MIAP.F's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine MIAP.F's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2018179Jonathan Liwww.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

How do Minto Apartment Real Estate Investment Trust's earnings and revenue compare to its market cap?
MIAP.F fundamental statistics
Market capUS$848.13m
Earnings (TTM)-US$73.13m
Revenue (TTM)US$109.91m

5.5x

P/S Ratio

-8.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MIAP.F income statement (TTM)
RevenueCA$157.94m
Cost of RevenueCA$56.19m
Gross ProfitCA$101.75m
Other ExpensesCA$206.84m
Earnings-CA$105.09m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.61
Gross Margin64.42%
Net Profit Margin-66.54%
Debt/Equity Ratio107.0%

How did MIAP.F perform over the long term?

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

31%

Payout Ratio

Does MIAP.F pay a reliable dividends?

See MIAP.F dividend history and benchmarks
When do you need to buy MIAP.F by to receive an upcoming dividend?
Minto Apartment Real Estate Investment Trust dividend dates
Ex Dividend DateDec 31 2024
Dividend Pay DateJan 15 2025
Days until Ex dividend8 days
Days until Dividend pay date23 days

Does MIAP.F pay a reliable dividends?

See MIAP.F dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 09:10
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

Minto Apartment Real Estate Investment Trust is covered by 16 analysts. 5 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
Jenny MaBMO Capital Markets Equity Research
Christopher KoutsikaloudisCanaccord Genuity