Good management, assets and balance sheet. Killam is enjoying the housing shortage by capturing growth in rentals. The stock has run quite a bit, so maybe trim a bit here. There's still room to grow. Killam picks up existing apartment
buildings then injects some money into them.
He's been watching this. They had a strong quarter, but it's well-valued already. He needs to see more upside. If rates rise, this will get hurt. Then again, apartment rentals are needed. Killam is paying only a 4.1% yield and he prefers those at least 6%.
Killam Properties Inc is a Canadian stock, trading under the symbol KMP.UN-T on the Toronto Stock Exchange (KMP-UN-CT). It is usually referred to as TSX:KMP.UN or KMP.UN-T
In the last year, 6 stock analysts published opinions about KMP.UN-T. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Killam Properties Inc.
Killam Properties Inc was recommended as a Top Pick by Paul Gardner, CFA on 2021-01-12. Read the latest stock experts ratings for Killam Properties Inc.
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.
6 stock analysts on Stockchase covered Killam Properties Inc In the last year. It is a trending stock that is worth watching.
On 2021-01-21, Killam Properties Inc (KMP.UN-T) stock closed at a price of $18.15.