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

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Daily Stock Opinions and Ratings

Boardwalk REIT (BEI.UN.TO)

64.00

-0.90 (1.39%)

as of Aug 26, 2026, 8:00:00 pm Market Open.

181 watching

Investor Insights

Aug 26, 2026, 12:00 am

This summary was created by AI, based on 3 opinions in the last 12 months.

Boardwalk REIT (BEI.UN) has garnered attention from multiple experts, highlighting its resilience and strategic positioning within the real estate market. Approximately 75% of its portfolio is insulated from rent control, which could provide stability in uncertain economic conditions. Although national population growth has slowed, Boardwalk REIT has managed to thrive in its operational spaces, especially in Alberta, noted for its affordability. Experts like the company's management and appreciate the low payout ratio, which reduces the risk of dilution. Current pricing presents an attractive buying opportunity for investors, with a yield of 2.4%, appealing especially to those seeking moderate returns in a stable market.

Consensus

Positive

Valuation

Fair Value

Similar

CNR, CNR

BUY

(Market Call Minute.) Largest apartment owner in Canada. Great presence in Alberta.

BUY

Largest capitalized REIT in Canada. Trading around its net asset value. Relatively low yield because of large capitalization. Good balance sheet with ton of cash on it. May buy shares back or increase distribution or make special distribution. Suspects the later.

BUY

REIT stocks have been pushing up to 52-week highs so this one is performing in line with its peers. Capable management. Conservative payout ratio so the dividend is rock solid and expects distributions to grow.

PAST TOP PICK

(A Top Pick Aug 12/09. Up 38%.) This is a story where you can sleep at nights. Participated in the recovery in Alberta with the mining and oil sands. Pristine balance sheet. Lots of cash to buy back shares.

PAST TOP PICK

(A Top Pick Aug 12/09. Up 24.49%.) Still likes.

BUY ON WEAKNESS

Great blue-chip name with a tremendous balance sheet. Multifamily apartments with big exposure to Edmonton and Calgary with some assets in Montreal. Try to buy at under $40.

PAST TOP PICK

(Top Pick Jun 23/09, Up 33%) very good management – haven’t taken salary. Woodstock, Waterloo, Montreal. Very conservative in what they do. Payout ratio is very low. Are building up cash. Say markets are too rich and can’t find any value.

PAST TOP PICK

(A Top Pick May 4/09. Up 39.57%.) Still likes.

COMMENT

Quite a high multiple of about 19 or so. Creating value. Edmonton is their biggest market and because of interest in the tar sands picking up again, it looks good. Paying out about 80% of the distribution. Building up cash. Good quality.

PAST TOP PICK

(A Top Pick Apr 16/09. Up 56.19%.) Recently sold this. Had a tremendous move and became pretty rich. Prefers H & R (HR.UN-T).

BUY

One of the best REITs in the country. Fantastic management, which owns 24%. Exceptionally low leverage that allows them to refinance their assets and pull out about $190 million in cash plus another $250 million. Low payout ratio. Has potential to buy back units, reduce leverage or do accretive acquisitions.

PAST TOP PICK

(A Top Pick Apr 29/09. Up 65.27%.) One of his favourites.

PAST TOP PICK

(A Top Pick May 4/09. Up 33.9% excluding distributions.) Focus specifically on apartment buildings in Alberta. Costs have dropped because of natural gas prices. Pristine balance sheet with about $250 million, which they are using to buy up their stock. Still not expensive.

PAST TOP PICK

(A Top Pick Apr 29/09. Up 50.3% excluding yield.) Apartments. Payout ratio of about 80%, 4% yield and low debt. Have a lot of cash but the low interest rates are hurting them. High quality.

PAST TOP PICK

(A Top Pick March 17/09. Up77.51 %.) Still likes.

Showing 121 to 135 of 208 entries

Most Recent Experts

Javed Mirza

Raymond James

Bill Baruch, Founder, Blue Line Capital

Blue Line Capital

Karen Firestone, CEO, Aureus Asset Management

Aureus Asset Management

Joe Terranova

Virtus Investment Partners

Rob Sechan, Managing Partner, New Edge Capital

New Edge Capital

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Boardwalk REIT (BEI.UN.TO)