Trending stocks today
Choice Properties REIT (CHP.UN-T)
TSE:CHP.UN
14.18
0.21
(1.44%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
Related posts
Air Canada, Couche-Tard & More at 52-week Highs and Lows (Feb 6-12)Aurora Cannabis, Canopy and More Earnings this Week (Feb 11-15)This week’s new 52-week highs and lows … (Jan 30-Feb 5)This summary was created by AI, based on 2 opinions in the last 12 months.
Choice Properties REIT (CHP.UN-T) is a top pick by experts and is showing progress. The company's portfolio is closely tied to the success of Loblaws as its tenants. It has a good dividend, supports a high ROE, and trades at a low multiple of earnings and book value. Analysts recommend placing a stop at $11.50 with an upside potential of 20% and a 5.6% yield. The company's PAST TOP PICK is progressing well, and experts recommend trailing up the stop to $12.50 to remain disciplined.
$14.580
Unknown
Holds quality Loblaw assets and industrial ones mostly located in cities. Same-store net income growth isn't super, but good. It won't shoot the lights out, but you can buy it comfortably for your grandmother.
REIT companies getting better with lower interest rates. Would recommend buying.
Excellent chart that is setting up well in this economic cycle. Relative strength is improving versus the TSX Composite. Showing signs of institutional accumulation. Positives that indicate the technical profiles of the stock are strengthening, and are supportive of further upside.
The CHP.UN portfolio of this REIT is highly tied to the success of Loblaws as it tenants. It trades at 14x earnings, under book value and supports a ROE of 29%. It has a good dividend, backed by payout ratio under 50% of cash flow. We recommend placing a stop at $11.50 -- looking to achieve $16 -- upside potential of 20%. Yield 5.6%
(Analysts’ price target is $15.56)Stable income provider you can add to any portfolio. Likes it. Great real estate nationally. Biggest tenant is Loblaw, so it has a secure cashflow. An element of growth, which is unique, from the industrial sector. Nice combination of safety and growth. Hold, sleep well at night with the distribution yield.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The REIT has stable tenants such as Loblaw and Shoppers. A good income play. Has been collecting rent at a good rate. Payout ratio is near 80% but cash flow is stable. Unlock Premium - Try 5i Free
CT REIT (Canadian Tire) vs. Choice Properties (Loblaw) based on dividends for seniors He likes both REITs. Both dividends are safe, Choice paying 5.4% and CT 4.9%, and both well run. He owns Choice and bullish their outlook. He likes Loblaw as an operator and there is opportunity here. CT is very stable, with their development in Toronto's Yonge/Eglinton, a fantastic location, but very patient with this coming online in several phases.
80% of its assets are retail. He shies away from retail, but Loblaw owns half of those assets, which is stable and boasts high rent collection. The company is in good hands and the dividend is safe. Managers are doing a good job to diversify into apartments and industrial spaces to diversify away from retail.
It has L-T as their largest tenant. He thinks very highly of management. The stock is pretty well valued today. It is a very safe company.
Choice Properties REIT(CHP.UN-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 4
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 4
Choice Properties REIT(CHP.UN-T) Frequently Asked Questions
What is Choice Properties REIT stock symbol?
Choice Properties REIT is a Canadian stock, trading under the symbol CHP.UN-T on the Toronto Stock Exchange (CHP.UN-CT). It is usually referred to as TSX:CHP.UN or CHP.UN-T
Is Choice Properties REIT a buy or a sell?
In the last year, 4 stock analysts published opinions about CHP.UN-T. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Choice Properties REIT.
Is Choice Properties REIT a good investment or a top pick?
Choice Properties REIT was recommended as a Top Pick by on . Read the latest stock experts ratings for Choice Properties REIT.
Why is Choice Properties REIT stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Choice Properties REIT worth watching?
4 stock analysts on Stockchase covered Choice Properties REIT In the last year. It is a trending stock that is worth watching.
What is Choice Properties REIT stock price?
On 2024-10-31, Choice Properties REIT (CHP.UN-T) stock closed at a price of $14.18.
Our PAST TOP PICK with CHP.UN is progressing well. To remain disciplined, we recommend trailing up the stop (from $12.50) to $13.75 at this time.