Allan Tong’s Discover Picks In the past month, Minto has performed -5.1% vs. CAP REIT’s -7.7%. Then again, one could argue that the market is reacting to the pressure that the overall apartment sector faces and not just the high-end units. Read Top REITs in Canada : MI.UN Stock and GRT.UN Stock for our full analysis.
It trades at a discount. It focuses on key urban centers. It benefited from strong net immigration and this will pause short term. He believes immigration should continue going forward. Every time a tenant moves out they can move the rent higher.
BEI.UN-T, MI.UN-T and CAR.UN-T. REITs are an interesting universe right now. There is mortgage deferral relief, commercial rent relief. Residential is the best place to be right now. CAR.UN-T would be the best one. BEI.UN-T has a good component out west with potential risk for Alberta. People are going to need places to live and if they can't pay their mortgages then they will have to rent.
Minto Apartment REIT is a Canadian stock, trading under the symbol MI.UN-T on the Toronto Stock Exchange (MI.UN-CT). It is usually referred to as TSX:MI.UN or MI.UN-T
In the last year, 5 stock analysts published opinions about MI.UN-T. 5 analysts 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 Minto Apartment REIT.
Minto Apartment REIT was recommended as a Top Pick by on . Read the latest stock experts ratings for Minto Apartment REIT.
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.
5 stock analysts on Stockchase covered Minto Apartment REIT In the last year. It is a trending stock that is worth watching.
On 2023-03-23, Minto Apartment REIT (MI.UN-T) stock closed at a price of $14.3.
Did its IPO two years ago but has been around for decades. Its main focus is the Ottawa market but also covers Toronto, Montreal and Calgary. Trades at a wide discount to the private market value of its assets. There is a bit of a structural deficiency in trading terms. It is at a good price with occupancy increasing.