Canadian Apartment Properties REIT (TSE:CAR.UN) Issues Quarterly Earnings Results

Canadian Apartment Properties REIT (TSE:CAR.UN – Get Free Report) posted its quarterly earnings data on Wednesday. The company reported C($1.14) earnings per share for the quarter, FiscalAI reports. Canadian Apartment Properties REIT had a negative return on equity of 1.08% and a negative net margin of 4.95%. The firm had revenue of C$246.62 million for the quarter.

Canadian Apartment Properties REIT Stock Performance

TSE:CAR.UN opened at C$31.99 on Thursday. The company has a market cap of C$4.90 billion, a price-to-earnings ratio of -36.83, a PEG ratio of -10.12 and a beta of 0.61. Canadian Apartment Properties REIT has a fifty-two week low of C$30.80 and a fifty-two week high of C$40.01. The company has a debt-to-equity ratio of 76.05, a quick ratio of 0.16 and a current ratio of 0.36. The stock has a fifty day moving average price of C$31.78 and a 200-day moving average price of C$34.89.

Analyst Ratings Changes

Several research firms recently commented on CAR.UN. ATB Cormark Capital Markets decreased their price target on shares of Canadian Apartment Properties REIT from C$48.00 to C$43.00 and set an “outperform” rating on the stock in a research note on Tuesday, August 11th. Canadian Imperial Bank of Commerce dropped their price objective on shares of Canadian Apartment Properties REIT from C$45.00 to C$40.00 in a research note on Monday, August 10th. Three analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of C$44.33.

Check Out Our Latest Research Report on Canadian Apartment Properties REIT

Canadian Apartment Properties REIT Company Profile

(Get Free Report)

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.

Featured Stories

Earnings History for Canadian Apartment Properties REIT (TSE:CAR.UN)

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