Buy, Sell or Hold: Canadian Apartment Properties (CAR.UN-T)

TSE:CAR.UN

48.69

0.52 (1.06%) 1d

Showing 1 to 15 of 197 entries

PAST TOP PICK

(A Top Pick Mar 30/21, Down 3%) He lightened up on price strength. Market worries about renovictions. 17.5% discount to NAV, an opportunity to buy at these levels.

investment companies / funds

BUY on WEAKNESS

Likes Canadian apartment REITs as a defensive asset class. Stable rent collections. Higher valuations right now. His go-to name is BEI.UN. Sector is rich, wait for a pullback.

investment companies / funds

HOLD

This is the only one he owns, the largest in Canada, incredibly well run, a solid income play. If rates keep going up, the sector will see volatility, because people buy REITs for income.

investment companies / funds

BUY

Not a big dividend play (it pays below 3%), but it's a good one to look at it. After its recent dip, it offers good value--it's defensive and a hedge against (mild) Canadian housing weakness if that happens.

investment companies / funds

TOP PICK

It's a steady-eddy and the biggest landlord in Canada with 97-98% occupancy. They had some fall-off during Covid, but they are back to fully rented. There's a general shortage of housing. Don't expect spectacular returns, but good, rising dividends as the value of the properties also rises. A solid defensive stock. (Analysts’ price target is $68.79)

investment companies / funds

PAST TOP PICK

(A Top Pick Nov 10/20, Up 22%) Pandemic proved their resilience. Operating growth more muted this year. Apartment business is predicated on new people coming to Canada. Expects pricing power to return. Hidden upside with land they own. Great REIT.

investment companies / funds

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. One of their favourite REITs. Good for income. One of the best managed REITs that has good potential with a strong historical performance record. Unlock Premium - Try 5i Free

investment companies / funds

PAST TOP PICK

(A Top Pick Oct 19/20, Up 38%) He would stick with it. It is a great core holding and has been for a couple of decades. Immigration is coming back in after COVID and when you land in Canada, you need somewhere to live. There may be pressure on the Ford government to keep rents flat, but he likes the name. You might want to trim some of your gains.

investment companies / funds

HOLD

Well loved and well owned. Dividend yield doesn't excite him. Better yields in the sector with similar growth prospects, especially with changing dynamics of retail and office. Steady, stable, but not a lot of growth. Nothing wrong with a long-term hold.

investment companies / funds

WAIT

Good solid investment. Liberal election platform is targetting landlords, so keep an eye on this. Long-term that's just noise. Great job growing portfolio. He'd want to see more growth pass through to the dividend. On his list. Wait for a better entry point when the whole market is softer, perhaps in September.

investment companies / funds

DON'T BUY

CAR has pulled back in the last couple of weeks. Stable dividend, rather than a grower, which is why he'd be less focused on that area. Cashflows will be flat this year, but should be back to growth next year. He'd prefer the industrial REITs more, such as DIR.UN. Yield is 2.3%.

investment companies / funds

BUY

One of his favoured multi-family stocks. Trades at a discount to NAV. Management is very strong. Catalyst to the apartment sector is the return of immigration. CAR.UN delivers affordable housing for immigrants and students. Great combination of value and growth.

investment companies / funds

PARTIAL BUY

Allan Tong’s Discover Picks CAP REIT stock surpasses it peers in several categories: earnings, cash flow, gross and profit margins. Its PE, for example, stands at 11x compared to SmartCentres REIT’s 71.7x and Allied Properties REIT‘s 17.4x. ROI is 6.89% vs. 0.99% and 3.63% against those same names. True, the dividend yield pays 2.24% which pales next to those REITs, but the payout ratio is a low 25%. Read 3 Safe and Defensive Stocks to Buy for our full analysis.

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PAST TOP PICK

(A Top Pick Jun 15/20, Up 23%) The market was at a low multiple back when he bought it. It was trading at a huge discount to the value of its apartments and that made no sense. It is now near an all time high. The hunt for quality assets is there. This is one of the greatest assets over the long term.

investment companies / funds

STRONG BUY

He is very bullish on it. It still trades below its pre-pandemic levels. Immigration has paused and there is a question about foreign students returning in the fall. We never saw a dip in occupancy in their products.

investment companies / funds

Showing 1 to 15 of 197 entries

Canadian Apartment Properties(CAR.UN-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 10

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 13

Stockchase rating for Canadian Apartment Properties 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.

Canadian Apartment Properties(CAR.UN-T) Frequently Asked Questions

What is Canadian Apartment Properties stock symbol?

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

Is Canadian Apartment Properties a buy or a sell?

In the last year, 13 stock analysts published opinions about CAR.UN-T. 10 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 Canadian Apartment Properties.

Is Canadian Apartment Properties a good investment or a top pick?

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

Why is Canadian Apartment Properties 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 Canadian Apartment Properties worth watching?

13 stock analysts on Stockchase covered Canadian Apartment Properties In the last year. It is a trending stock that is worth watching.

What is Canadian Apartment Properties stock price?

On 2022-05-25, Canadian Apartment Properties (CAR.UN-T) stock closed at a price of $48.69.

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