Home Daily Stock Opinions and Ratings Killam Properties Inc (KMP.UN-T)

Trending stocks today

Savaria Corp MDF Commerce Inc. Vermilion Energy Inc Mainstreet Equity Corp Manulife Financial Invesco DB US Dollar Index Bullish Fund iShares 20+ Year Treasury Bond ETF Sprott Physical Gold Dream Industrial REIT Sun Communities Boardwalk REIT Apple Inc Exxon Mobil CVS Health Corp Hershey Foods Corp Linde PLC Bank of Montreal Cenovus Energy Athabasca Oil Sands Corp Crescent Point Energy Corp

Killam Properties Inc (KMP.UN-T)

137 watching

TSE:KMP.UN

17.42
0.01 (0.06%) 1d
Sep 29, 2023, 8:00 pm
0
PARTIAL BUY

Killam Properties Inc(KMP.UN-T)

11/08/2023
Killam Properties Inc
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

KMP.un's second-quarter funds from operations (FFO) per unit came in at $0.30, an increase of 7.1% year-over-year. The company reported a net income of $114.5 million, against $68.7 million reported in the second quarter of 2022, beating estimates by a wide margin ($30.4 million). The jump was attributed to $96.2 million of fair value gains on investment properties in the period. KMP generated a net operating income of $56.2 million, an 8.8% increase from 2Q22. The rolling 12-month adjusted FFO payout ratio shrank by a full 2% to 73% in the recent quarter. Same-property net operating income growth came in at 7.9%, matching the management target. We think it was a decent quarter and management spoke about market rent growth in certain areas and a focus on development and disposition of assets.
Unlock Premium - Try 5i Free 

property mngmnt / investment
Stockchase Insights
$18.430
Unknown
UnlockRating
BUY

Killam Properties Inc(KMP.UN-T)

28/09/2022
Killam Properties Inc
Highest immigration to maritime provinces in Canada ever(own lots of properties in maritimes). Excellent dividend yield with discount to net asset value. Superior return to buying a GIC. Would recommend buying.
property mngmnt / investment
Andrew Moffs
$15.240
Unknown
UnlockRating
BUY ON WEAKNESS

Killam Properties Inc(KMP.UN-T)

06/09/2022
Killam Properties Inc
Allan Tong’s Discover Picks Killam pays a higher dividend of 4.18% and trades at only a 7.61x PE, down from 9.25X nearly a year ago. Like CAP REIT, Killam’s forward PE is substantially higher at 16.67x, so the market has high hopes for this REIT stocks . Last month, TD raised its price target on the name from $21 to $22 and issued a buy signal. Read 3 Promising REIT Stocks for our full analysis.
property mngmnt / investment
Stockchase Discover
$16.930
Unknown
UnlockRating
HOLD

Killam Properties Inc(KMP.UN-T)

31/05/2022
Killam Properties Inc
He's never really liked CAP.UN. His proxy is KMP.UN, focused in Nova Scotia. Growth profile of immigration coming into Halifax.
property mngmnt / investment
Paul Gardner, CFA
$18.980
Owned
UnlockRating
BUY

Killam Properties Inc(KMP.UN-T)

19/10/2021
Killam Properties Inc
Allan Tong’s Discover Picks Other numbers look healthy for KMP stock: A 9.6% PE, a 3.15% dividend based on a 26% payout ratio (half the sector’s number), and an ROI of 7% which is in-line with peers. KMP.UN boasts five buys and one hold on Bay Street with a $23.33 price target. That’s 5.18% higher. So, add the divvy and in a year, you’ll collect 8.33%. Maximize your gain by holding this in your TFSA. Safe and profitable, KMP.UN will let you sleep at night. Read 3 Long Term Growth Stocks for our full analysis.
property mngmnt / investment
Stockchase Discover
$22.640
Owned
UnlockRating
BUY

Killam Properties Inc(KMP.UN-T)

26/05/2021
Killam Properties Inc

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The recent property acquisition was well received by the market. The $190M purchase looks good and 5i likes the expansion into Ontario to diversify the business. Occupancy rate is high at 98% and average rent is $1,200. Unlock Premium - Try 5i Free

property mngmnt / investment
Stockchase Insights
$18.960
Unknown
UnlockRating
BUY

Killam Properties Inc(KMP.UN-T)

30/03/2021
Killam Properties Inc
He's generally positive this. They're operated well during the pandemic. About 70% of their portfolio is in Atlantic Canada, which is stable. They've tried growing in Ontario and BC. Their valuation has hung in better than their peers. But he prefers REITs in hard-hit centres like Toronto's and Montreal's business cores Still a good REIT at current levels, though there's better upside elsewhere. The dividend is safe.
property mngmnt / investment
Andrew Moffs
$18.580
Unknown
UnlockRating
HOLD

Killam Properties Inc(KMP.UN-T)

28/01/2021
Killam Properties Inc
Thinks highly of management. Focus on Atlantic, with nice expansion west. Stable operator. Nice value-added strategy. Steady growth. Rebounded nicely off lows. But growth won't be the same as other REITs.
property mngmnt / investment
Andrew Moffs
$17.950
Unknown
UnlockRating
BUY

Killam Properties Inc(KMP.UN-T)

12/01/2021
Killam Properties Inc
Killam vs. Crombie REITs Killam holds apartments, an asset class he really likes among REITs. Rent-collection rates are really high for Killam, so no worries about that. All these REITs trade at a 10-15% discount to NAV. Funding costs will drop 1%, because they get funding from CMHC. A hiccup comes from mobile homes which had weakness in the last quarter. Other businesses are fine. CROMBIE: He owns Crombie's debt, not the REIT. This is anchroed by Canadian Safeway and Sobey stores. Highly defensive. Sobeys had an integration problem out west. He likes this as a conservative REIT, but it won't do much. Likes both.
property mngmnt / investment
Paul Gardner, CFA
$17.210
Unknown
UnlockRating
PAST TOP PICK

Killam Properties Inc(KMP.UN-T)

26/11/2020
Killam Properties Inc
(A Top Pick Oct 31/19, Down 6%) Recently trimmed position. Still sees upside. Collections are resilient. Very attractive price, 15% discount to NAV. Yield over 3.5%.
property mngmnt / investment
Michelle Wearing
$17.920
Owned
UnlockRating
HOLD

Killam Properties Inc(KMP.UN-T)

10/11/2020
Killam Properties Inc
Will it do well after a Covid vaccine emerges? They've been collecting all their rents. Good managers. He likes apartment REITs, which are well-positioned. After a vaccine, there will be higher rates of immigration that the government will promote. Immigrants will seek affordable housing, so Killam will benefit. Now, KMP is fairly valued, so hold and be patient.
property mngmnt / investment
Andrew Moffs
$17.350
Unknown
UnlockRating
HOLD

Killam Properties Inc(KMP.UN-T)

29/09/2020
Killam Properties Inc
Likes their managers and strategy. They dominate across the Maritimes and have expanded into Ontario, BC, and have a small presence in Calgary. They outperform some apartment REITs, because they lack exposure in urban centres (urban, multi-family REITs have lagged). Killam should stability and growth in the coming year. Problem is that foreign students and movies are not renting in urban areas, and apartments face competition from condo supplies.
property mngmnt / investment
Andrew Moffs
$17.190
Unknown
UnlockRating
premium

It's a Monthly Gems opinion which is available only for Premium members

Curated by Allan Tong since 2019.
99+ opinions with 4.15 rating.

TOP PICK

Killam Properties Inc(KMP.UN-T)

08/07/2020
Killam Properties Inc
Among Canadian apartment REITs, CAP REIT gets all the love, but also the price appreciation. Actually, Killam's chart is nearly identical to CAP REIT year-to-date and pays a healthy 3.88% dividend yield (CAP REIT pays 2.84%). Whereas CAP REIT is centered on Toronto, Killam focuses on Atlantic Canada, namely Halifax and Charlottetown. Another difference is that Killam's properties are newer, so require less capex for upgrading and upkeep. Analyst Michelle Wearing likes its ever-growing dividend. It currently trades $3 shy of its $20.48 price target, and well off its pre-COVID high of $23.37, so there is room to run. However, the chart has been rangebound for the past three months between $16-18, so Killam may need a catalyst to boost it to the next level, perhaps a wider reopening in the Maritimes. Killam is for income investors and those thinking long-term, since the trend toward rentals and away from home ownership won't end anytime soon.
property mngmnt / investment
The Monthly Gems by Allan Tong
$17.410
No
UnlockRating
BUY

Killam Properties Inc(KMP.UN-T)

25/06/2020
Killam Properties Inc
You are looking at quality assets in a quality sector. It is trading at quite a discount to NAV. It has a young portfolio. Every time a tenant leaves their suite you have to put in dollars and the older the building the more you have to put in. He owns it and has been buying it.
property mngmnt / investment
Andrew Moffs
$17.200
Owned
UnlockRating
BUY

Killam Properties Inc(KMP.UN-T)

30/04/2020
Killam Properties Inc
Eastern Canada focused in the multifamily space. He likes the company. This is a sector you want to be invested in. It trades at a discount to its net asset value. It sold off too much.
property mngmnt / investment
Andrew Moffs
$17.260
Unknown
UnlockRating
Showing 1 to 15 of 153 entries
Next PageNext Page

Killam Properties Inc(KMP.UN-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Killam Properties Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Killam Properties Inc(KMP.UN-T) Frequently Asked Questions

What is Killam Properties Inc stock symbol?

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

Is Killam Properties Inc a buy or a sell?

In the last year, 1 stock analyst published opinions about KMP.UN-T. 1 analyst 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 Killam Properties Inc.

Is Killam Properties Inc a good investment or a top pick?

Killam Properties Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Killam Properties Inc.

Why is Killam Properties Inc 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 Killam Properties Inc worth watching?

1 stock analyst on Stockchase covered Killam Properties Inc In the last year. It is a trending stock that is worth watching.

What is Killam Properties Inc stock price?

On 2023-09-29, Killam Properties Inc (KMP.UN-T) stock closed at a price of $17.42.

You may also like:

NTN-A LOX-X IDHD-N IRBT-Q PMI-N EGAN-Q HQU-T NQL-T SFI-T JKHY-Q

Your Watchlist

Add stocks to watchlist to monitor them daily and get important alerts.

Get Access To Watchlist

Latest Buy Signals

ILMN-QIllumina Inc.
Illumina Inc.
$137.28
4.93 (3.47%)
UMC-NUnited Microelectronics Corporation
United Microelectronics Corporation
$7.06
-0.01 (-0.14%)
NVA-TNuvista Energy Ltd
Nuvista Energy Ltd
$13.00
-0.06 (-0.46%)
FRU-TFreehold Royalties Ltd
Freehold Royalties Ltd
$14.70
-0.25 (-1.73%)
SGY-TSurge Energy Inc
Surge Energy Inc
$9.26
-0.27 (-3.00%)
Advertising

Today's Top Picks

CPG-TCrescent Point Energy Corp
Crescent Point Energy Corp
$11.26
-0.03 (-0.27%)
ATH-TAthabasca Oil Sands Corp
Athabasca Oil Sands Corp
$4.35
0.24 (5.23%)
CVE-TCenovus Energy
Cenovus Energy
$28.28
-0.18 (-0.64%)
BMO-TBank of Montreal
Bank of Montreal
$114.58
-0.10 (-0.09%)
LIN-NLinde PLC
Linde PLC
$372.35
-1.14 (-0.31%)

Popular Articles

Questrade Review: Pros & Cons of Trading with Questrade Canada (2021) Steady Eddys: 3 Stable Stocks Between Safety and Risk: 3 Safe and Gambling Stocks 3 Oversold Stocks to Take Advantage of 5 ETFs for Index Investing

Latest Sell Signals

PIPE-TPipestone Energy Corp.
Pipestone Energy Corp.
$2.14
-0.10 (-4.90%)
FCX-NFreeport McMoran Copper & Gold
Freeport McMoran Copper & Gold
$37.29
-0.04 (-0.11%)
FCX-NFreeport McMoran Copper & Gold
Freeport McMoran Copper & Gold
$37.29
-0.04 (-0.11%)
BNS-TBank of Nova Scotia
Bank of Nova Scotia
$60.88
-1.12 (-1.87%)
MFC-TManulife Financial
Manulife Financial
$24.82
-0.12 (-0.49%)

Most Recent Experts

Nuttall

Eric Nuttall

Ninepoint Partners

Stockchase

Stockchase Insights

5i Research

Weiss

Stephen Weiss, Founder, Short Hills Capital Partners

Short Hills Capital Partners

Snipe

Jason Snipe, CIO, Odyssey Capital Advisors

Odyssey Capital Advisors

Terranova

Joe Terranova

Virtus Investment Partners

Advertising
Advertising
logoTop pickslogoStockslogoRecentlogoWatchlist
© Stockchase Inc.