Canadian Apartment Properties REIT (TSE:CAR.UN – Get Free Report)’s share price crossed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of C$31.78 and traded as high as C$32.35. Canadian Apartment Properties REIT shares last traded at C$31.99, with a volume of 861,644 shares trading hands.
Analyst Ratings Changes
A number of analysts recently issued reports on CAR.UN shares. Canadian Imperial Bank of Commerce lowered their price target on Canadian Apartment Properties REIT from C$45.00 to C$40.00 in a report on Monday, August 10th. ATB Cormark Capital Markets dropped their target price 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. Three research analysts have rated the stock with a Buy rating. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of C$44.33.
Read Our Latest Report on Canadian Apartment Properties REIT
Canadian Apartment Properties REIT Trading Up 1.9%
The stock has a 50-day simple moving average of C$31.78 and a 200 day simple moving average of C$34.89. 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. 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 results on Wednesday, November 4th. The company reported C($1.14) earnings per share for the quarter. The business had revenue of C$246.62 million during the quarter. Canadian Apartment Properties REIT had a negative return on equity of 1.08% and a negative net margin of 4.95%.
Canadian Apartment Properties REIT Company Profile
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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