Canadian Apartment Properties (CAR.UN-T) Stock Predictions - Stockchase
WATCH LIST
143
Canadian Apartment Properties (CAR.UN-T)

ON STOCKCHASE SINCE Nov 2001

investment companies/funds

Canadian Apartment Proper...

CAR.UN-T

110 watching          
Join the Discussion

Canadian Apartment Properties (CAR.UN-T) SAVE Feb, 21, 2019, 10:58 am

47.86 0.24 (0.5%)

What the experts are saying about CAR.UN-T



  • All
  • Filtered
Signal Opinion Expert
DON'T BUY
It is probably the best one in Canada in terms of residential REITs. You want to be cautious on REITs because they are expensive. This is not an ideal time to step into REITs.
investment companies/funds
0 0 0 0 0
0 comments
It is probably the best one in Canada in terms of residential REITs. You want to be cautious on REITs because they are expensive. This is not an ideal time to step into REITs.
investment companies/funds
0 0 0 0 0
0 comments
Larry Berman CF

Chief Inve, ETF Capital Manageme...

Price Price
$48.460
Owned Owned
Unknown

TOP PICK
Within the REIT sector, apartments are interesting because there is a real lack of rental space. Rental rates are really accelerating at just under 12%. They are growing cash to be distributed at about 8%. They have a 2.8% dividend that is growing faster than other apartment REITs. They have a strong balance sheet. They can get into more projects. They will add apartments in Toronto and Vancouver. It is one of his largest positions as a firm. (Analysts’ price target is $50.56)
investment companies/funds
0 0 0 0 0
0 comments
Within the REIT sector, apartments are interesting because there is a real lack of rental space. Rental rates are really accelerating at just under 12%. They are growing cash to be distributed at about 8%. They have a 2.8% dividend that is growing faster than other apartment REITs. They have a strong balance sheet. They can get into more projects. They will add apartments in Toronto and Vancouver. It is one of his largest positions as a firm. (Analysts’ price target is $50.56)
investment companies/funds
0 0 0 0 0
0 comments
David Burrows

President , Barometer Capital Ma...

Price Price
$48.750
Owned Owned
Yes

BUY
They just did a money raise, and he likes this stock--and rentals. Young people must rent, but there are limited units. This applies across Canada.
investment companies/funds
0 0 0 0 0
0 comments
They just did a money raise, and he likes this stock--and rentals. Young people must rent, but there are limited units. This applies across Canada.
investment companies/funds
0 0 0 0 0
0 comments
Jaime Carrasco

Portfolio , Canaccord Genuity...

Price Price
$45.400
Owned Owned
Yes

BUY on WEAKNESS
A shortage of housing and a willingness to rent to added to their tailwinds. At these levels, he would wait for a better price.
investment companies/funds
0 0 0 0 0
0 comments
A shortage of housing and a willingness to rent to added to their tailwinds. At these levels, he would wait for a better price.
investment companies/funds
0 0 0 0 0
0 comments
Joshua Varghese

Portfolio , Signature Global Ass...

Price Price
$46.400
Owned Owned
No

BUY
It's still a buy. Doug Ford took rent control off new Ontario apartments, which did this sector a favour. This will spur new building of units. A well-run company. The dividend is under 4%, which is slightly lower than other REITs, but boasts better growth potential.
investment companies/funds
0 0 0 0 0
0 comments
It's still a buy. Doug Ford took rent control off new Ontario apartments, which did this sector a favour. This will spur new building of units. A well-run company. The dividend is under 4%, which is slightly lower than other REITs, but boasts better growth potential.
investment companies/funds
0 0 0 0 0
0 comments
David Baskin

President, Baskin Wealth Manage...

Price Price
$46.600
Owned Owned
Yes

BUY

Still likes the assets, management, and the huge shortage of high-quality apartments in markets like Toronto.
A great holding.

investment companies/funds
1 0 0 0 0
0 comments

Still likes the assets, management, and the huge shortage of high-quality apartments in markets like Toronto.
A great holding.

investment companies/funds
1 0 0 0 0
0 comments
David Baskin

President, Baskin Wealth Manage...

Price Price
$46.370
Owned Owned
Unknown

DON'T BUY

Has done fantastically, owning apartment buildings mainly in Ontario. Largest landlord in Toronto region, and benefiting from high rents. Biggest issue is that it’s very expensive, trading about 28x AFFO, compared to most REITs at 16-18x. Large cap spend on older units, but they’re developing so there’s growth. Question as to what new Ontario government will do with rent control.

investment companies/funds
0 0 0 0 0
0 comments

Has done fantastically, owning apartment buildings mainly in Ontario. Largest landlord in Toronto region, and benefiting from high rents. Biggest issue is that it’s very expensive, trading about 28x AFFO, compared to most REITs at 16-18x. Large cap spend on older units, but they’re developing so there’s growth. Question as to what new Ontario government will do with rent control.

investment companies/funds
0 0 0 0 0
0 comments
Paul Gardner, C

Partner an, Avenue Investment Ma...

Price Price
$43.350
Owned Owned
Unknown

HOLD

They did very well in Q1. Funds from operations up 10% y-o-y. NOI up 7%. Good balance sheet. 72% payout ratio. 47% debt to fair value. Everything great except it is trading at 22.8 times 2019 earnings. 

investment companies/funds
0 0 0 0 0
0 comments

They did very well in Q1. Funds from operations up 10% y-o-y. NOI up 7%. Good balance sheet. 72% payout ratio. 47% debt to fair value. Everything great except it is trading at 22.8 times 2019 earnings. 

investment companies/funds
0 0 0 0 0
0 comments
Greg Newman

Director &, Scotia Wealth Manage...

Price Price
$43.100
Owned Owned
Yes

COMMENT

Income generator. A stable one. It is richly valued. They look for a combination if income and growth.

investment companies/funds
0 0 0 0 0
0 comments

Income generator. A stable one. It is richly valued. They look for a combination if income and growth.

investment companies/funds
0 0 0 0 0
0 comments
Greg Newman

Director &, Scotia Wealth Manage...

Price Price
$35.360
Owned Owned
No

SELL

Take the money and run.  It is an all stock deal.  He is not bullish on the sector.  His issue with the sector is valuation.  There is very little growth here except by acquisition.

investment companies/funds
0 0 0 0 0
0 comments

Take the money and run.  It is an all stock deal.  He is not bullish on the sector.  His issue with the sector is valuation.  There is very little growth here except by acquisition.

investment companies/funds
0 0 0 0 0
0 comments
John Zechner

Chairman, J. Zechner & Assoc...

Price Price
$36.710
Owned Owned
Unknown

PAST TOP PICK

(A Top Pick Feb. 16/17, Up 16%) High-quality properties with low vacancies and benefits from a tight rental market. Well-run though they lost their chairman. Good yield play of 3.6% that will likely rise. Lower dividend than other REITs, but with higher-growth potential.

investment companies/funds
0 0 0 0 0
0 comments

(A Top Pick Feb. 16/17, Up 16%) High-quality properties with low vacancies and benefits from a tight rental market. Well-run though they lost their chairman. Good yield play of 3.6% that will likely rise. Lower dividend than other REITs, but with higher-growth potential.

investment companies/funds
0 0 0 0 0
0 comments
David Baskin

President, Baskin Wealth Manage...

Price Price
$35.760
Owned Owned
Unknown

DON'T BUY

Never a fun of REITs. He mistrusts them. He worries about the return of capital issue on REITs. He is not very keen on buying Toronto Real Estate now also. He rather had a covered call on banks for income.  

investment companies/funds
0 0 0 0 0
0 comments

Never a fun of REITs. He mistrusts them. He worries about the return of capital issue on REITs. He is not very keen on buying Toronto Real Estate now also. He rather had a covered call on banks for income.  

investment companies/funds
0 0 0 0 0
0 comments
John Hood

President , J. C Hood Investment...

Price Price
$34.940
Owned Owned
No

COMMENT

Brookfield (BPY.UN-T) vs Canadian Apartment (CAR.UN-T) He thinks Brookfield has good management and is well diversified buy has had liquidity issues. He expects Canadian Apartment to continue to outperform, because it is focused on the Greater Toronto Area where vacancy is tight and rents continue to go up. He regrets not getting into CAR.UN-T.   

investment companies/funds
0 0 0 0 0
0 comments

Brookfield (BPY.UN-T) vs Canadian Apartment (CAR.UN-T) He thinks Brookfield has good management and is well diversified buy has had liquidity issues. He expects Canadian Apartment to continue to outperform, because it is focused on the Greater Toronto Area where vacancy is tight and rents continue to go up. He regrets not getting into CAR.UN-T.   

investment companies/funds
0 0 0 0 0
0 comments
Paul Gardner, C

Partner an, Avenue Investment Ma...

Price Price
$35.560
Owned Owned
Unknown

BUY

He still likes it.  They had a change of ownership.  They seem to be steady.  He has a lot of clients at 70 that want to sell their house and move into an apartment.  But there are insufficient apartments.

investment companies/funds
0 0 0 0 0
0 comments

He still likes it.  They had a change of ownership.  They seem to be steady.  He has a lot of clients at 70 that want to sell their house and move into an apartment.  But there are insufficient apartments.

investment companies/funds
0 0 0 0 0
0 comments
David Baskin

President, Baskin Wealth Manage...

Price Price
$36.570
Owned Owned
Unknown

COMMENT

Doesn't follow this closely. It owns a lot of apartment buildings, particularly in areas like Metropolitan Toronto, where the housing market is relatively tight. Very steady cash flow streams. They get rate increases every year, so it's a relatively defensive type of investment. A good candidate if looking for yield and a defence of cash flow. Dividend yield of 3.5%.

investment companies/funds
0 0 0 0 0
0 comments

Doesn't follow this closely. It owns a lot of apartment buildings, particularly in areas like Metropolitan Toronto, where the housing market is relatively tight. Very steady cash flow streams. They get rate increases every year, so it's a relatively defensive type of investment. A good candidate if looking for yield and a defence of cash flow. Dividend yield of 3.5%.

investment companies/funds
0 0 0 0 0
0 comments
Christine Poole

CEO & Mana, GlobeInvest Capital ...

Price Price
$37.100
Owned Owned
No

Showing 1 to 15 of 143 entries
Successfully Saved Company
Successfully Saved Company