Boardwalk Real Estate Investment TrustBEI-UN.TO

$64.50+0.20 (+0.31%)
TSXReal Estate24:00 UTC

Company snapshot

Market Cap
$3B
Mid-cap
+22%
2016 — today
10-Year Price
+18%
2016 — today
52-Week Range
$61.76$73.54
Current $64.50· 23%

Boardwalk Real Estate Investment Trust (REIT) is dedicated to fostering Canada's most welcoming residential communities. As a prominent owner and operator, it oversees more than 200 properties, comprising over 33,000 housing units and spanning upwards of 28 million square feet of rentable space. The company's primary goals revolve around delivering excellent living environments and outstanding service to its residents. Simultaneously, it strives to provide its Unitholders with consistent monthly dividends and enhance the worth of their investment units through strategic acquisitions, divestitures, new developments, and efficient property management. This vertically integrated REIT is recognized as a leading force in Canada's multi-family housing sector, with properties located across Alberta, Saskatchewan, Ontario, and Quebec. Its Trust units are publicly traded on the Toronto Stock Exchange under the ticker symbol BEI.UN.

Valuation in context

P/E ratio
58.1
Near historic high
Near historic highs — last 10 years
P/B ratio
0.6
Below average
Below the 10-year average
EV / EBITDA
29.9
Historically pricey
Historically pricey — last 10 years
Dividend Yield
2.6%
Above average
Above the 10-year average
FCF Yield
3.0%
Below average
Below the 10-year average
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