-
1 Comment
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.
ISIN | CA0966311064 |
---|---|
Industry | REIT-Residential |
Sector | Real Estate |
CurrencyCode | CAD |
Exchange | TO |
Beta | 1.7 |
---|---|
Dividend Yield | 2.1% |
Target Price | 66.2 |
PE Ratio | 11.08 |
Market Cap | 3B |
Boardwalk REIT strives to be Canada's friendliest communities and currently owns and operates more than 200 communities with over 33,000 residential units totaling over 28 million net rentable square feet. Boardwalk's principal objectives are to provide its Residents with the best quality communities and superior customer service, while providing Unitholders with sustainable monthly cash distributions, and increase the value of its trust units through selective acquisitions, dispositions, development, and effective management of its residential multi-family communities. Boardwalk REIT is vertically integrated and is Canada's leading owner/operator of multi-family communities bringing Residents home to properties located in Alberta, Saskatchewan, Ontario, and Quebec. Boardwalk REIT's Trust units are listed on the Toronto Stock Exchange, trading under the symbol BEI.UN.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for BEI-UN.TO using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2024