Automotive Properties Real Est Invt TR (TSE:APR.UN) Issues Quarterly Earnings Results

Automotive Properties Real Est Invt TR (TSE:APR.UN – Get Free Report) posted its quarterly earnings results on Thursday. The company reported C$0.27 earnings per share for the quarter, FiscalAI reports. The business had revenue of C$30.21 million during the quarter. Automotive Properties Real Est Invt TR had a net margin of 76.20% and a return on equity of 11.73%.

Automotive Properties Real Est Invt TR Stock Performance

TSE:APR.UN opened at C$12.19 on Friday. The company has a debt-to-equity ratio of 78.62, a current ratio of 2.24 and a quick ratio of 0.02. Automotive Properties Real Est Invt TR has a 1 year low of C$10.68 and a 1 year high of C$12.49. The stock’s 50 day simple moving average is C$12.16 and its two-hundred day simple moving average is C$11.78. The company has a market cap of C$662.05 million, a price-to-earnings ratio of 10.94 and a beta of 0.78.

Get Automotive Properties Real Est Invt TR alerts:

Automotive Properties Real Est Invt TR Announces Dividend

The company also recently declared a monthly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 15th were issued a dividend of $0.0685 per share. This represents a c) annualized dividend and a yield of 6.7%. The ex-dividend date was Friday, May 29th. Automotive Properties Real Est Invt TR’s dividend payout ratio (DPR) is currently 73.21%.

Wall Street Analyst Weigh In

Separately, TD upped their target price on shares of Automotive Properties Real Est Invt TR from C$12.50 to C$13.00 and gave the stock a “hold” rating in a report on Friday, May 15th. Four analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$12.81.

View Our Latest Stock Analysis on APR.UN

About Automotive Properties Real Est Invt TR

(Get Free Report)

Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive and other OEM dealership and service properties located in Canada and the United States. The REIT’s portfolio currently consists of 91 income-producing commercial properties, representing approximately 3.4 million square feet of gross leasable area, in metropolitan markets across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Québec in Canada, and Florida and Ohio in the United States.

Read More

• Five stocks we like better than Automotive Properties Real Est Invt TR
• MarketBeat Week in Review – 08/10 – 08/14
• Sony and TSMC’s $4.7 Billion Venture Is About More Than Camera Sensors
• Quantum Leaps: Debt-Free as AI Storage Demand Accelerates
• NVIDIA’s $500 Billion GPU Financing Deal Fuels Path Toward $270

Receive News & Ratings for Automotive Properties Real Est Invt TR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Automotive Properties Real Est Invt TR and related companies with MarketBeat.com's FREE daily email newsletter.