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Boardwalk Real Estate Investment Trust is currently in a long term uptrend where the price is trading 21.1% above its 200 day moving average.
From a valuation standpoint, the stock is 92.9% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 4.0.
Boardwalk Real Estate Investment Trust's total revenue rose by 1.0% to $117M since the same quarter in the previous year.
Its net income has dropped by 73.5% to $-188M since the same quarter in the previous year.
Finally, its free cash flow fell by 5.8% to $35M since the same quarter in the previous year.
Based on the above factors, Boardwalk Real Estate Investment Trust gets an overall score of 3/5.
CurrencyCode | CAD |
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Exchange | TO |
ISIN | CA0966311064 |
Sector | Real Estate |
Industry | REIT - Residential |
Beta | 1.29 |
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Dividend Yield | 2.5% |
Market Cap | 3B |
PE Ratio | 6.19 |
Target Price | 79.95 |
Boardwalk REIT strives to be Canada's friendliest community provider and is a leading owner/operator of multi-family rental communities. Providing homes in more than 200 communities, with over 34,000 residential suites totaling over 29 million net rentable square feet, Boardwalk has a proven long-term track record of building better communities, where love always lives. Our three-tiered and distinct brands: Boardwalk Living, Boardwalk Communities, and Boardwalk Lifestyle, cater to a large diverse demographic and has evolved to capture the life cycle of all Resident Members. Boardwalk's disciplined approach to capital allocation, acquisition, development, purposeful re-positioning, and management of apartment communities allows the Trust to provide its brand of community across Canada creating exceptional Resident Member experiences. Differentiated by its peak performance culture, Boardwalk is committed to delivering exceptional service, product quality and experience to our Resident Members who reward us with high retention and market leading operating results, which in turn, lead to higher free cash flow and investment returns, stable monthly distributions, and value creation for all our stakeholders. Boardwalk REIT's Trust Units are listed on the Toronto Stock Exchange, trading under the symbol BEI.UN.
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