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TSE:BEI.UN

Boardwalk REIT (BEI.UN.TO)

63.90
-0.46 (0.71%)
as of Jun 17, 2026, 8:00:00 pm Market Open.
182 watching
0
Investor Insights
star iconJun 17, 2026, 12:00 am

This summary was created by AI, based on 4 opinions in the last 12 months.

Boardwalk REIT (BEI.UN) has received positive feedback from various experts, highlighting its strategic positioning, particularly with 75% of its portfolio free from rent control which allows for greater flexibility in rental pricing. While national population growth has experienced a decline, specific areas where Boardwalk operates have seen an uptick, benefiting the company. Experts appreciate the management's approach, noting the low payout ratio which reduces the risk of dilution. With a yield of 2.4%, it may appeal to investors seeking stability. Overall, the stock is viewed as an attractive buy due to its current pricing relative to asset value, particularly in Alberta's robust economy.

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Consensus
Positive
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Valuation
Undervalued
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Similar
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BUY
Very good management. Has taken some profit each time it has moved up, which turned out to be a mistake.
STRONG BUY
Focused on multi-family rental apartment market. Own 34,000 units, half of which are located in Alberta. Continues to be a growth story with strong earnings in coming months.
HOLD
A multi-residential REIT. Heavy concentration in Edmonton, Calgary and western Canada. Being driven by the heavy commodity boom in western Canada. Fairly priced.
PAST TOP PICK
(A Top Pick July 7/06. Up 32.6%.) Specializes in apartment buildings, primarily focused in Edmonton and Calgary. Great managers. Rents are increasing. Still likes it. Fairly priced. Continue to hold if you own.
BUY ON WEAKNESS
Rental properties across Canada. A nice portion of their business and cash flow comes from Alberta. Easy money has been made. Wait for a pullback and buy it closer to $30.
BUY
Not a big fan of REITs. Properties are primarily in Alberta. Have continually increased their guidance. If there is a growth REIT, this is probably one of the better ones.
BUY
Focuses on apartments in Edmonton in Calgary. 51% of their portfolio is in Alberta. Because of the booming economy, you are getting increased rental pricing.
SELL
Has now gotten to the point where the yield is under 5%. His question is, is that sufficient for the equity risk you are taking. If he did own, he would certainly consider taking some profits.
TOP PICK
A defensive and contrarian play. Focused on apartment rentals. One of the best performing REITs last year. 53% of their income is from Alberta. With the hot economy and booming immigration in Alberta, there will be a strong demand for rentals.
TOP PICK
Pays just under 5%. A little more defensive on the REIT side because they basically own apartment buildings. A lot of vacancies in Toronto, but 51% of their portfolio is in Alberta. Recently raised their guidance on their revenues.
PAST TOP PICK
(A Top Pick Nov 25/05. Up 23% plus distribution.) Still likes.
TOP PICK
Yield of about 5.25%. Vacancy rates throughout the country are at their cyclical highs. Most of the apartment buildings are in Edmonton and Calgary so you are leveraging off the Alberta economy. Home ownership is being very expensive which is good for rental properties. 25% of the company is owned by management.
SELL
Essentially acts as a source of capital for companies they own so can't see a lot of synergies. Also can't see any succession plan in the individual companies.
HOLD
In the apartment rental business. Excellent management. Very disciplined. Fairly valued at this point. It will do well over the next year, but you won't get a large capital appreciation.
TOP PICK
Owns more than 32000 rental apartments. The largest rental apartment landlord in Canada. Half of their portfolio is in Alberta, 20% in Quebec. Trading at net asset value.
Showing 181 to 195 of 208 entries