Boardwalk Real Estate Investment Trust (TSE:BEI.UN) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Posted by George Bondi on Jul 31st, 2026

Boardwalk Real Estate Investment Trust (TSE:BEI.UN – Get Free Report) has received an average rating of “Moderate Buy” from the nine brokerages that are covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is C$79.28.

Several analysts have commented on the stock. Scotiabank decreased their price objective on shares of Boardwalk Real Estate Investment Trust from C$74.50 to C$74.00 and set a “sector perform” rating for the company in a research note on Thursday. TD reduced their target price on shares of Boardwalk Real Estate Investment Trust from C$85.00 to C$82.00 and set a “buy” rating for the company in a report on Thursday, May 7th. Desjardins decreased their target price on shares of Boardwalk Real Estate Investment Trust from C$78.00 to C$77.00 and set a “buy” rating for the company in a research report on Thursday, May 7th. Raymond James Financial downgraded shares of Boardwalk Real Estate Investment Trust from a “strong-buy” rating to an “outperform” rating and decreased their target price for the company from C$82.00 to C$80.00 in a research report on Friday, May 8th. Finally, Scotia lowered their price target on shares of Boardwalk Real Estate Investment Trust from C$75.50 to C$74.50 and set a “sector perform” rating on the stock in a report on Thursday, May 7th.

Check Out Our Latest Stock Report on BEI.UN

Boardwalk Real Estate Investment Trust Price Performance

Shares of TSE:BEI.UN opened at C$66.84 on Friday. Boardwalk Real Estate Investment Trust has a twelve month low of C$60.75 and a twelve month high of C$73.96. The company’s 50 day moving average is C$65.23 and its 200 day moving average is C$65.77. The company has a current ratio of 0.23, a quick ratio of 0.04 and a debt-to-equity ratio of 77.35. The company has a market cap of C$3.47 billion, a PE ratio of -78.64, a price-to-earnings-growth ratio of 1.24 and a beta of 0.53.

Boardwalk Real Estate Investment Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, August 17th. Stockholders of record on Monday, August 17th will be paid a $0.15 dividend. The ex-dividend date is Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 2.7%. Boardwalk Real Estate Investment Trust’s dividend payout ratio is presently -199.41%.

About Boardwalk Real Estate Investment Trust

(Get Free Report)

Boardwalk Real Estate Investment Trust, or Boardwalk REIT, is a real estate investment trust engaged in the acquisition, development, and management of residential multifamily communities throughout Canada. Although the company’s cumulative residential property portfolio includes holdings in the provinces of Alberta, Saskatchewan, Ontario, and Quebec, the majority of its total units are located in Alberta. The submarkets around the cities of Calgary and Edmonton, specifically, account for the majority of Boardwalk REIT’s total residential suites.