Canadian Apartment Properties Stock Today

CAR-UN Stock  CAD 46.49  0.08  0.17%   

Performance

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Odds Of Distress

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Canadian Apartment is trading at 46.49 as of the 29th of March 2024, a 0.17% increase since the beginning of the trading day. The stock's open price was 46.41. Canadian Apartment has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Canadian Apartment Properties are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of April 2023 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Equity Real Estate Investment Trusts (REITs)
Category
Real Estate
CAPREIT is one of Canadas largest real estate investment trusts. CAPREIT manages approximately 60,900 of its owned suites in Canada and Netherlands, and additionally 3,700 suites in Ireland as at June 30, 2020. CDN APARTMENT operates under REITResidential classification in Canada and is traded on Toronto Stock Exchange. The company has 167.61 M outstanding shares of which 979.98 K shares are currently shorted by private and institutional investors with about 2.31 days to cover all short positions. More on Canadian Apartment Properties

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Canadian Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Canadian Apartment's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Canadian Apartment or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEOMark Kenney
Business ConcentrationDiversified REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, Real Estate, Diversified REITs, REIT—Residential, Real Estate (View all Sectors)
Canadian Apartment's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Canadian Apartment's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Canadian Apartment's financial leverage. It provides some insight into what part of Canadian Apartment's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Canadian Apartment's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Canadian Apartment deploys its capital and how much of that capital is borrowed.
Liquidity
Canadian Apartment cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has accumulated 651.37 M in total debt with debt to equity ratio (D/E) of 0.63, which is about average as compared to similar companies. Canadian Apartment has a current ratio of 0.29, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Canadian Apartment until it has trouble settling it off, either with new capital or with free cash flow. So, Canadian Apartment's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Canadian Apartment sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canadian to invest in growth at high rates of return. When we think about Canadian Apartment's use of debt, we should always consider it together with cash and equity.

Free Cash Flow

301.95 Million
Canadian Apartment Properties (CAR-UN) is traded on Toronto Exchange in Canada and employs 12 people. Canadian Apartment is listed under Diversified REITs category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 7.86 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canadian Apartment's market, we take the total number of its shares issued and multiply it by Canadian Apartment's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Canadian Apartment operates under Diversified REITs sector and is part of Real Estate industry. The entity has 167.61 M outstanding shares of which 979.98 K shares are currently shorted by private and institutional investors with about 2.31 days to cover all short positions. Canadian Apartment Properties has accumulated about 218.2 M in cash with 614.18 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.28.
Check Canadian Apartment Probability Of Bankruptcy
Ownership Allocation
Canadian Apartment holds a total of 167.61 Million outstanding shares. 30% of Canadian Apartment Properties outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Canadian Ownership Details

Canadian Stock Price Odds Analysis

What are Canadian Apartment's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Canadian Apartment jumping above the current price in 90 days from now is about 90.63%. The Canadian Apartment Properties probability density function shows the probability of Canadian Apartment stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the stock has a beta coefficient of 1.3478 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Canadian Apartment will likely underperform. Additionally, canadian Apartment Properties has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 46.49HorizonTargetOdds Above 46.49
9.18%90 days
 46.49 
90.63%
Based on a normal probability distribution, the odds of Canadian Apartment to move above the current price in 90 days from now is about 90.63 (This Canadian Apartment Properties probability density function shows the probability of Canadian Stock to fall within a particular range of prices over 90 days) .

Canadian Apartment Historical Income Statement

Canadian Apartment Properties Income Statement is one of the three primary financial statements used for reporting Canadian's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Canadian Apartment revenue and expense. Canadian Apartment Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Canadian Apartment's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 1.1 B, whereas Depreciation And Amortization is forecasted to decline to about 29.2 M. View More Fundamentals

Canadian Stock Against Markets

Picking the right benchmark for Canadian Apartment stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Canadian Apartment stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Canadian Apartment is critical whether you are bullish or bearish towards Canadian Apartment Properties at a given time. Please also check how Canadian Apartment's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Canadian Apartment without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Canadian Apartment Corporate Management

Elected by the shareholders, the Canadian Apartment's board of directors comprises two types of representatives: Canadian Apartment inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Canadian. The board's role is to monitor Canadian Apartment's management team and ensure that shareholders' interests are well served. Canadian Apartment's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Canadian Apartment's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jodi LiebermanCulture PeopleProfile
Andrew WoodExecutive TechnologyProfile
Archna SharmaExecutive ComplianceProfile
Julian SchonfeldtChief OfficerProfile
Gobal MailwaganamMD AffairsProfile
Clayton YeungSenior AccountingProfile
Roman BrailovskiExecutive OperationsProfile

How to buy Canadian Stock?

Before investing in Canadian Apartment, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Canadian Apartment. To buy Canadian Apartment stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Canadian Apartment. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Canadian Apartment stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Canadian Apartment Properties stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Canadian Apartment Properties stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Canadian Apartment Properties, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Canadian Apartment Properties?

The danger of trading Canadian Apartment Properties is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Canadian Apartment is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Canadian Apartment. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Canadian Apartment is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Apartment Properties. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

Complementary Tools for Canadian Stock analysis

When running Canadian Apartment's price analysis, check to measure Canadian Apartment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canadian Apartment is operating at the current time. Most of Canadian Apartment's value examination focuses on studying past and present price action to predict the probability of Canadian Apartment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Apartment's price. Additionally, you may evaluate how the addition of Canadian Apartment to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Canadian Apartment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Apartment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Apartment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.