Canadian Apartment Properties REIT (TSE:CAR.UN – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Friday. The company traded as low as C$30.80 and last traded at C$30.88, with a volume of 427,236 shares traded. The stock had previously closed at C$31.17.
Analyst Ratings Changes
CAR.UN has been the topic of a number of research analyst reports. ATB Cormark Capital Markets dropped their price target on Canadian Apartment Properties REIT from C$48.00 to C$43.00 and set an “outperform” rating on the stock in a research report on Tuesday, August 11th. Canadian Imperial Bank of Commerce cut their price objective on shares of Canadian Apartment Properties REIT from C$45.00 to C$40.00 in a research report on Monday, August 10th. Three equities research analysts have rated the stock with a Buy rating. According to data from MarketBeat, Canadian Apartment Properties REIT has an average rating of “Buy” and an average price target of C$44.33.
Check Out Our Latest Report on CAR.UN
Canadian Apartment Properties REIT Trading Down 0.6%
The company has a fifty day moving average price of C$31.99 and a 200-day moving average price of C$35.05. The firm has a market cap of C$4.75 billion, a price-to-earnings ratio of -35.66, a PEG ratio of -10.12 and a beta of 0.71. The company has a current ratio of 0.36, a quick ratio of 0.16 and a debt-to-equity ratio of 76.05.
Canadian Apartment Properties REIT (TSE:CAR.UN – Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported C($0.42) earnings per share (EPS) for the quarter. Canadian Apartment Properties REIT had a negative return on equity of 1.08% and a negative net margin of 4.95%. The business had revenue of C$246.41 million for the quarter.
About Canadian Apartment Properties REIT
CAPREIT is Canada’s largest publicly traded provider of quality rental housing. As at June 30, 2026, CAPREIT owns approximately 45,400 residential apartment suites and townhomes (excluding approximately 100 suites classified as assets held for sale), that are well-located across Canada and, to a lesser extent, the Netherlands, with a total fair value of approximately $14.4 billion (excluding approximately $21.6 million of assets held for sale). For more information about CAPREIT, its business and its investment highlights, please visit our website at www.capreit.ca and our public disclosures which can be found under our profile at www.sedarplus.ca.
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