Boardwalk Real Estate Investment Trust (TSE:BEI.UN) Given Average Recommendation of “Moderate Buy” by Analysts

Posted by Francis Steltz on May 24th, 2026

Shares of Boardwalk Real Estate Investment Trust (TSE:BEI.UN – Get Free Report) have earned an average rating of “Moderate Buy” from the ten analysts that are covering the stock, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is C$79.50.

A number of brokerages have issued reports on BEI.UN. Scotia cut their price target on Boardwalk Real Estate Investment Trust from C$75.50 to C$74.50 and set a “sector perform” rating for the company in a research note on Thursday, May 7th. Scotiabank cut their price target on Boardwalk Real Estate Investment Trust from C$78.00 to C$75.50 and set a “sector perform” rating for the company in a research note on Monday, February 23rd. Desjardins cut their price target on Boardwalk Real Estate Investment Trust from C$78.00 to C$77.00 and set a “buy” rating for the company in a research note on Thursday, May 7th. BMO Capital Markets cut their price target on Boardwalk Real Estate Investment Trust from C$77.00 to C$76.00 and set a “market perform” rating for the company in a research note on Monday, February 23rd. Finally, Royal Bank Of Canada cut their price target on Boardwalk Real Estate Investment Trust from C$82.00 to C$81.00 and set an “outperform” rating for the company in a research note on Thursday, May 7th.

View Our Latest Stock Report on Boardwalk Real Estate Investment Trust

Boardwalk Real Estate Investment Trust Trading Up 0.1%

TSE:BEI.UN opened at C$64.72 on Friday. Boardwalk Real Estate Investment Trust has a one year low of C$60.75 and a one year high of C$75.37. The company has a debt-to-equity ratio of 77.35, a current ratio of 0.23 and a quick ratio of 0.04. The firm has a market capitalization of C$3.37 billion, a price-to-earnings ratio of 71.12, a price-to-earnings-growth ratio of 1.24 and a beta of 0.40. The business has a fifty day moving average price of C$65.00 and a 200-day moving average price of C$65.37.

Boardwalk Real Estate Investment Trust (TSE:BEI.UN – Get Free Report) last issued its quarterly earnings results on Friday, February 20th. The real estate investment trust reported C($1.21) earnings per share (EPS) for the quarter. Boardwalk Real Estate Investment Trust had a return on equity of 15.71% and a net margin of 118.55%.The business had revenue of C$164.85 million during the quarter. Sell-side analysts forecast that Boardwalk Real Estate Investment Trust will post 4.4537396 EPS for the current year.

Boardwalk Real Estate Investment Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 15th will be paid a $0.15 dividend. This represents a c) dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Friday, May 29th. Boardwalk Real Estate Investment Trust’s dividend payout ratio is presently 181.32%.

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.