Boardwalk REIT (BEI.UN.TO) Buy, Sell or Hold

Home

Daily Stock Opinions and Ratings

Boardwalk REIT (BEI.UN.TO)

63.90

-0.46 (0.71%)

as of Jun 17, 2026, 8:00:00 pm Market Open.

182 watching

Investor Insights

Jun 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.

Consensus

Positive

Valuation

Undervalued

Similar

CNR, CNR

Premium content

Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK

(A Top Pick Dec 13/22, Up 26.3%)Stockchase Research Editor: Michael O’Reilly

Our PAST TOP PICK with BEI.UN has triggered its stop at $64. To remain disciplined, we recommend covering the position at this time. This will result in a net investment gain of 24%, when combined with previous recommendations.

TOP PICK

Alberta benefits from population growth, international migration, and inter-provincial migration. Not rent regulated. Quality housing. Large discount of about 20% to NAV. Outlook continues to be bright. Yield is 1.78%.

Good landlords. A very important characteristic. Could increase rents by 20%, but seldom goes above 9%.

(Analysts’ price target is $74.82)

Premium content

Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK

(A Top Pick Dec 13/22, Up 32.9%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with BEI.UN is progressing well. To be disciplined, we recommend trailing up the stop (from $58) to $64 at this time.

BUY ON WEAKNESS

Does not own shares at this time.
~60% of residential units around Calgary area (fast growing area without rent control).
Good time to buy with rising interest rates impacting share price.
Strength in energy business also good for business.

Premium content

Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK

(A Top Pick Dec 13/22, Up 23.3%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with BEI.UN is progressing well. We recommend trailing up the stop (from $54) to $58 at this time.

HOLD

Whole sector has been pushed down extensively, based on interest rates. This is unfair, as everything gets lumped into the same boat. This one is faring better. Longer term, will be OK. Generates income, good portfolio of assets. Yield is 1.9%.

Premium content

Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK

(A Top Pick Dec 13/22, Up 20.4%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with BEI.UN has achieved its target at $61. To remain disciplined, we recommend covering half the position at this time and trailing up the stop (from $50) to $54.

BUY

Great example of a company with the ability to increase its distribution. Apartments across Canada, with a focus (2/3 of its portfolio) on Alberta. Alberta has become the affordable market in Canada for both new Canadians and inter-provincial migration. Growing cashflow.

PAST TOP PICK

(A Top Pick Apr 28/22, Down 3%)

Quite bullish on it. Still lots of runway, with stock trading at 20% discount to NAV. Occupancy has increased over 98%. 10% in leasing spreads. Foresees 8.5-12.5% income growth this year.

Premium content

Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK

(A Top Pick Dec 13/22, Up 14.3%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with BEI.UN is progressing well. To remain disciplined, we now recommend trailing up the stop (from $44.70) to $50.00.

PAST TOP PICK

(A Top Pick Jan 31/22, Up 2%)

It is in the Alberta market which has a great opportunity for attractive rents and affordability. Trades at a good discount to NAV which is growing as markets are recovering. Has a 98% occupancy rate and it can push for rent incentives.

Premium content

Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK

Stockchase Research Editor: Michael O'Reilly This is a play on Alberta's recovery, given the largest holdings in this REIT's portfolio of muli-family units resides there. It trades at 1.2x book value. We like how cash reserves have been growing, while debt has been aggressively repaid. Its yield is backed by a payout ratio under 20% of cash flow. We recommend a stop loss at $44.70, looking to achieve $61 -- upside potential over 19%. Yield 2.1% (Analysts’ price target is $60.57)

TOP PICK

He bought some CAP REIT, because housing demand is slowing, so he expects apartment rents to rise as rental demand climbs. Most assets are in western Canada which will see strong demand going into 2023. Such increases will protect cash flow and the dividend. (Analysts’ price target is $60.45)

PAST TOP PICK

(A Top Pick Nov 29/21, Down 8%) A year ago, interest rates were 2% lower. BEI hit a high last March. All things considered, this has done well. This is the play on multi-family REITs, focussed on Alberta. We're now seeing pricing power in Alberta given population growth. Trades at a double-digit discount to NAV. He sees nice cash-flow growth in 2023.

PAST TOP PICK

(A Top Pick Sep 27/21, Down 4%) Will continue to hold and would buy again. Believes company is well run with excellent management. Does not have to worry about rent controls as most of inventory is in Alberta (not likely to get rent control). Calgary and Edmonton are strong markets. Rising rent is good for real estate REITs. Population growth to Alberta is high.

Showing 16 to 30 of 208 entries

Most Recent Experts

Jim Cramer - Mad Money

CNBC

John Zechner

J. Zechner & Assoc

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Keith Richards

ValueTrend Wealth Management

Joe Terranova

Virtus Investment Partners

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Summer Sale

Boardwalk REIT (BEI.UN.TO)

Unlock this Panic-proof Portfolio opinion with Stockchase Premium