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Investor Insights

This summary was created by AI, based on 11 opinions in the last 12 months.

Experts are generally positive about Boardwalk REIT, highlighting its benefits from immigration and population growth in Alberta, as well as its lack of rent control. The company is seen as a good option for real estate investment, with a strong outlook and potential for increased rents. However, some believe the stock is currently fully valued and may have limited upside in the near term.

Consensus
Positive
Valuation
Fair Value
Similar
CAP REIT, CAR-UN.T
TOP PICK
Boardwalk REIT

Continues to execute. Valuation remains compelling. 2/3 of portfolio in Alberta, a growing province. 74% of portfolio in ALTA and SASK, where there are no rent controls. Strong earnings trajectory. Cashflow and earnings will increase. Yield is 2.1%.

(Analysts’ price target is $85.94)
property mngmnt / investment
DON'T BUY
Boardwalk REIT

Benefited from immigration in Canada. Lack of rent control in main market, Alberta. Fully valued now, easy money has been made. Housing shortage, too.

property mngmnt / investment
BUY
Boardwalk REIT

Good option for real estate as no rent control in Alberta. Safe dividend. Good option for investors looking to get exposure to real estate in Canada. 

property mngmnt / investment
PAST TOP PICK
Boardwalk REIT

(A Top Pick Dec 06/22, Up 42%)

He knew going into 2023 that there would be an explosion boom given more immigration and the housing shortage. He owns CAP REIT too. This trend continues into 2024 unless supply-demand change, which will be slow to happen.

property mngmnt / investment
TOP PICK
Boardwalk REIT

Headline "Soaring Canadian housing costs drive population boom in Alberta" tells the story. Affordable housing, with 78% concentration between Alberta and Saskatchewan. Despite being able to increase rents, they continue to be affordable. Discount to NAV, yet NAV continues to grow. Limited new supply, pricing power. Yield is 2%.

(Analysts’ price target is $66.70)
property mngmnt / investment
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

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

PAST TOP PICK
Boardwalk REIT
(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. 

property mngmnt / investment
TOP PICK
Boardwalk REIT

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)
property mngmnt / investment
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

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

PAST TOP PICK
Boardwalk REIT
(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.  

property mngmnt / investment
BUY ON WEAKNESS
Boardwalk REIT

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.

property mngmnt / investment
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

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

PAST TOP PICK
Boardwalk REIT
(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.  

property mngmnt / investment
HOLD
Boardwalk REIT

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%.

property mngmnt / investment
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

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

PAST TOP PICK
Boardwalk REIT
(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.

property mngmnt / investment
BUY
Boardwalk REIT

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. 

property mngmnt / investment
PAST TOP PICK
Boardwalk REIT
(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.

property mngmnt / investment
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

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

PAST TOP PICK
Boardwalk REIT
(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.

property mngmnt / investment
Showing 1 to 15 of 198 entries

Boardwalk REIT(BEI.UN-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 6

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 7

Stockchase rating for Boardwalk REIT 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.

Boardwalk REIT(BEI.UN-T) Frequently Asked Questions

What is Boardwalk REIT stock symbol?

Boardwalk REIT is a Canadian stock, trading under the symbol BEI.UN-T on the Toronto Stock Exchange (BEI.UN-CT). It is usually referred to as TSX:BEI.UN or BEI.UN-T

Is Boardwalk REIT a buy or a sell?

In the last year, 7 stock analysts published opinions about BEI.UN-T. 6 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Boardwalk REIT.

Is Boardwalk REIT a good investment or a top pick?

Boardwalk REIT was recommended as a Top Pick by on . Read the latest stock experts ratings for Boardwalk REIT.

Why is Boardwalk REIT 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 Boardwalk REIT worth watching?

7 stock analysts on Stockchase covered Boardwalk REIT In the last year. It is a trending stock that is worth watching.

What is Boardwalk REIT stock price?

On 2024-07-23, Boardwalk REIT (BEI.UN-T) stock closed at a price of $78.19.