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BSR REIT

HOM.UN-T

Analysis and Opinions about HOM.UN-T

Signal
Opinion
Expert
Chart
BUY
BUY
July 29, 2021

He finds the sectors that have tailwinds and goes bottom-up to find discounts. You could buy one or both of these: WIR.UN (industrial) or HOM.UN (apartments), as both are USD denominated, listed on TSX, in sectors that he likes.

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BSR REIT (HOM.UN-T)
July 29, 2021

He finds the sectors that have tailwinds and goes bottom-up to find discounts. You could buy one or both of these: WIR.UN (industrial) or HOM.UN (apartments), as both are USD denominated, listed on TSX, in sectors that he likes.

Andrew Moffs
Price
$16.970
Owned
Unknown
TOP PICK
TOP PICK
July 29, 2021
Trades in USD and CAD. US apartments, mainly in the US sunbelt, in high-growth markets. Best way to get exposure to those markets globally. Discount to NAV. Very high cap rate. Valuation is supported at a time when fundamentals are strong. Increasing demand. Yield is 3.7%. (Analysts’ price target is $17.02)
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BSR REIT (HOM.UN-T)
July 29, 2021
Trades in USD and CAD. US apartments, mainly in the US sunbelt, in high-growth markets. Best way to get exposure to those markets globally. Discount to NAV. Very high cap rate. Valuation is supported at a time when fundamentals are strong. Increasing demand. Yield is 3.7%. (Analysts’ price target is $17.02)
Andrew Moffs
Price
$16.970
Owned
Yes
PAST TOP PICK
PAST TOP PICK
March 30, 2021
(A Top Pick Apr 30/20, Up 5%) They operate multi-family apartments in the U.S. sunbelt--mostly Dallas, Houston and Austin, which are high-growth/job centres, and BSR is targeting the middle market with affordable rents. Likes this, but the valuation doesn't make sense. It trades at an implied CAP rate of 6.1% (the capitalization rate is the going-in yield when you buy a property, like a bond yield, and the higher the yield, the lower the price, and vice-versa). A great, well-run company. Very bullish about it.
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BSR REIT (HOM.UN-T)
March 30, 2021
(A Top Pick Apr 30/20, Up 5%) They operate multi-family apartments in the U.S. sunbelt--mostly Dallas, Houston and Austin, which are high-growth/job centres, and BSR is targeting the middle market with affordable rents. Likes this, but the valuation doesn't make sense. It trades at an implied CAP rate of 6.1% (the capitalization rate is the going-in yield when you buy a property, like a bond yield, and the higher the yield, the lower the price, and vice-versa). A great, well-run company. Very bullish about it.
Andrew Moffs
Price
$13.700
Owned
Yes
PAST TOP PICK
PAST TOP PICK
January 28, 2021
(A Top Pick Mar 05/20, Down 15%) He's still buying it today. Affordable apartments in the US. Navigated well through the pandemic. Cheap stock, well situated.
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BSR REIT (HOM.UN-T)
January 28, 2021
(A Top Pick Mar 05/20, Down 15%) He's still buying it today. Affordable apartments in the US. Navigated well through the pandemic. Cheap stock, well situated.
Andrew Moffs
Price
$14.400
Owned
Yes
TOP PICK
TOP PICK
January 28, 2021
A way to diversify away from Canadian markets, but still listed on the TSX. Cheap. Lots of upside. Great job of recycling their portfolio. Great chance to buy a smaller, higher growth REIT. Yield is 4.54%. (Analysts’ price target is $16.19)
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BSR REIT (HOM.UN-T)
January 28, 2021
A way to diversify away from Canadian markets, but still listed on the TSX. Cheap. Lots of upside. Great job of recycling their portfolio. Great chance to buy a smaller, higher growth REIT. Yield is 4.54%. (Analysts’ price target is $16.19)
Andrew Moffs
Price
$14.400
Owned
Yes
PAST TOP PICK
PAST TOP PICK
November 10, 2020
(A Top Pick Nov 04/19, Down 9%) The value of buildings are higher now than a year ago, but the stock price is down. A disconnect. He continues to recommend it. They're focused on affordable housing in Dallas and the Sunbelt. It trades at a wide discount to NAV. Great managers. It's a buying opportunity.
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BSR REIT (HOM.UN-T)
November 10, 2020
(A Top Pick Nov 04/19, Down 9%) The value of buildings are higher now than a year ago, but the stock price is down. A disconnect. He continues to recommend it. They're focused on affordable housing in Dallas and the Sunbelt. It trades at a wide discount to NAV. Great managers. It's a buying opportunity.
Andrew Moffs
Price
$14.000
Owned
Yes
TOP PICK
TOP PICK
November 10, 2020
Pays a 4.93% yield. Assets are higher now than pre-Covid. It trades north of its 6% CAP rate, which is way too high (see past picks today). BSR is undervalued and cheap now. This could be north of $16. Tremendous value now. Canadians don't recognize the American value.
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BSR REIT (HOM.UN-T)
November 10, 2020
Pays a 4.93% yield. Assets are higher now than pre-Covid. It trades north of its 6% CAP rate, which is way too high (see past picks today). BSR is undervalued and cheap now. This could be north of $16. Tremendous value now. Canadians don't recognize the American value.
Andrew Moffs
Price
$14.000
Owned
Yes
BUY
BUY
September 29, 2020

One of his top picks. It owns apartments in the US sunbelt, especially Texas. He's toured all their assets. Managers own half the company. Trades at a major discount to NAV. A Canadian company that owns US assets, but are not valued like Canadian assets, because investors aren't familiar with those American assets. He looks to the US market for comparable assets to BSR. This is easily worth north of $12 USD.

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BSR REIT (HOM.UN-T)
September 29, 2020

One of his top picks. It owns apartments in the US sunbelt, especially Texas. He's toured all their assets. Managers own half the company. Trades at a major discount to NAV. A Canadian company that owns US assets, but are not valued like Canadian assets, because investors aren't familiar with those American assets. He looks to the US market for comparable assets to BSR. This is easily worth north of $12 USD.

Andrew Moffs
Price
$13.050
Owned
Yes
TOP PICK
TOP PICK
September 29, 2020
He's one of the biggest owners of this. They operate in the US sunbelt, like Dallas and Austin where the population is outpacing the country. A good operator. They offer growth and stability. Rents are affordable to target the middle market. Pays a good yield. Trades at a discount to NAV.
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BSR REIT (HOM.UN-T)
September 29, 2020
He's one of the biggest owners of this. They operate in the US sunbelt, like Dallas and Austin where the population is outpacing the country. A good operator. They offer growth and stability. Rents are affordable to target the middle market. Pays a good yield. Trades at a discount to NAV.
Andrew Moffs
Price
$13.050
Owned
Yes
PAST TOP PICK
PAST TOP PICK
June 25, 2020
(A Top Pick Apr 30/20, Up 11%) He continues to own it. He is a very large holder. He thinks highly of management. It trades at a large discount to NAV.
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BSR REIT (HOM.UN-T)
June 25, 2020
(A Top Pick Apr 30/20, Up 11%) He continues to own it. He is a very large holder. He thinks highly of management. It trades at a large discount to NAV.
Andrew Moffs
Price
$14.780
Owned
Yes
PAST TOP PICK
PAST TOP PICK
April 30, 2020

(A Top Pick Mar 05/20, Down 26%) This one falls in their sweet spot of vision because it is a US REIT listed here in Toronto. It is similar to TCN-T. Their assets are very well run. 50% of ownership is in managements hands. He thinks it is at 30% discount to net asset value.

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BSR REIT (HOM.UN-T)
April 30, 2020

(A Top Pick Mar 05/20, Down 26%) This one falls in their sweet spot of vision because it is a US REIT listed here in Toronto. It is similar to TCN-T. Their assets are very well run. 50% of ownership is in managements hands. He thinks it is at 30% discount to net asset value.

Andrew Moffs
Price
$13.250
Owned
Yes
TOP PICK
TOP PICK
April 30, 2020
It will benefit during this recovery as their rents are very affordable in key growth markets where job growth can be positive and people need a place to live. There is a lot of value in this company. (Analysts’ price target is $11.35)
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BSR REIT (HOM.UN-T)
April 30, 2020
It will benefit during this recovery as their rents are very affordable in key growth markets where job growth can be positive and people need a place to live. There is a lot of value in this company. (Analysts’ price target is $11.35)
Andrew Moffs
Price
$13.250
Owned
Yes
PAST TOP PICK
PAST TOP PICK
March 5, 2020
(A Top Pick Nov 04/19, Up 11%) It is a classic name to own. US apartments traded in Toronto. He sees a huge discount to net asset value. Apartments are in the sun belt.
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BSR REIT (HOM.UN-T)
March 5, 2020
(A Top Pick Nov 04/19, Up 11%) It is a classic name to own. US apartments traded in Toronto. He sees a huge discount to net asset value. Apartments are in the sun belt.
Andrew Moffs
Price
$17.400
Owned
Yes
TOP PICK
TOP PICK
March 5, 2020
You want it to be recession resilient but still have growth and this fits into that camp. A similar portfolio to theirs recently sold at a 4.6 cap rate. Even if you put the cap rate as low as 5 on HOM.UN-T you get an $18 stock and it is $13 today. (Analysts’ price target is $17.94)
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BSR REIT (HOM.UN-T)
March 5, 2020
You want it to be recession resilient but still have growth and this fits into that camp. A similar portfolio to theirs recently sold at a 4.6 cap rate. Even if you put the cap rate as low as 5 on HOM.UN-T you get an $18 stock and it is $13 today. (Analysts’ price target is $17.94)
Andrew Moffs
Price
$17.400
Owned
Yes
TOP PICK
TOP PICK
January 15, 2020

They run 9,400 apartments in the US Sunbelt, in high-growth (in terms of population and jobs) areas like Dallas, Austin and Houston. Texas makes up 50% of their income. These are affordable apartments, too, that attract working folks. Targets $15-18 in a few years. (Analysts’ price target is $13.00)

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BSR REIT (HOM.UN-T)
January 15, 2020

They run 9,400 apartments in the US Sunbelt, in high-growth (in terms of population and jobs) areas like Dallas, Austin and Houston. Texas makes up 50% of their income. These are affordable apartments, too, that attract working folks. Targets $15-18 in a few years. (Analysts’ price target is $13.00)

Jeffrey F. Olin
Price
$15.650
Owned
Yes
Showing 1 to 15 of 19 entries

BSR REIT(HOM.UN-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 5

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 5

Stockchase rating for BSR 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.

BSR REIT(HOM.UN-T) Frequently Asked Questions

What is BSR REIT stock symbol?

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

Is BSR REIT a buy or a sell?

In the last year, 5 stock analysts published opinions about HOM.UN-T. 5 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. Read the latest stock experts' ratings for BSR REIT.

Is BSR REIT a good investment or a top pick?

BSR REIT was recommended as a Top Pick by Andrew Moffs on 2021-07-29. Read the latest stock experts ratings for BSR REIT.

Why is BSR 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 BSR REIT worth watching?

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

What is BSR REIT stock price?

On 2021-09-20, BSR REIT (HOM.UN-T) stock closed at a price of $18.99.