National Bank Financial Issues Positive Forecast for Killam Apartment REIT (TSE:KMP.UN) Stock Price

Killam Apartment REIT (TSE:KMP.UN) had its price target increased by National Bank Financial from C$19.75 to C$20.00 in a report published on Friday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

A number of other research firms also recently issued reports on KMP.UN. Scotia lifted their price target on Killam Apartment REIT from C$19.50 to C$20.00 and gave the company a “sector outperform” rating in a research note on Friday. ATB Cormark Capital Markets cut their price target on Killam Apartment REIT from C$21.00 to C$20.00 and set an “outperform” rating for the company in a research note on Friday, February 13th. Raymond James Financial cut their price target on Killam Apartment REIT from C$20.25 to C$20.00 and set an “outperform” rating for the company in a research note on Friday, February 13th. TD Securities cut their price target on Killam Apartment REIT from C$21.00 to C$20.00 and set a “buy” rating for the company in a research note on Friday, February 13th. Finally, Royal Bank Of Canada cut their price target on Killam Apartment REIT from C$22.00 to C$21.00 and set an “outperform” rating for the company in a research note on Friday, February 13th. Eight research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$20.23.

Killam Apartment REIT Stock Down 2.1%

Shares of KMP.UN opened at C$17.84 on Friday. The stock has a fifty day moving average of C$16.61 and a 200-day moving average of C$16.84. Killam Apartment REIT has a 52 week low of C$15.65 and a 52 week high of C$19.80. The company has a debt-to-equity ratio of 82.05, a quick ratio of 0.03 and a current ratio of 0.10. The stock has a market capitalization of C$2.18 billion, a price-to-earnings ratio of 73.67 and a beta of 0.60.

Killam Apartment REIT (TSE:KMP.UN) last announced its earnings results on Thursday, May 7th. The company reported C$0.41 earnings per share for the quarter. The business had revenue of C$96.68 million during the quarter. Killam Apartment REIT had a net margin of 86.91% and a return on equity of 12.07%. As a group, sell-side analysts anticipate that Killam Apartment REIT will post 1.2904074 earnings per share for the current fiscal year.

Killam Apartment REIT Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, May 15th. Shareholders of record on Friday, May 15th will be paid a $0.06 dividend. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Thursday, April 30th. Killam Apartment REIT’s dividend payout ratio is 297.33%.

Key Stories Impacting Killam Apartment REIT

Here are the key news stories impacting Killam Apartment REIT this week:

• Positive Sentiment: TD lifted its price target on Killam Apartment REIT to C$21.00 from C$20.00 and kept a buy rating, implying about 17% upside from the current share price. TD raises price target on Killam Apartment REIT
• Positive Sentiment: Royal Bank of Canada raised its target to C$22.00 from C$21.00 and maintained an outperform rating, the most bullish target among the updates and a sign analysts see further upside. RBC raises price target on Killam Apartment REIT
• Positive Sentiment: Raymond James nudged its target up to C$20.25 from C$20.00 and reiterated an outperform rating, reinforcing the favorable analyst backdrop. Raymond James raises price target on Killam Apartment REIT
• Positive Sentiment: National Bank Financial increased its target to C$20.00 from C$19.75 and kept an outperform rating, adding to the cluster of positive revisions. National Bank Financial raises price target on Killam Apartment REIT
• Positive Sentiment: Scotia raised its target to C$20.00 from C$19.50 and maintained a sector outperform rating, suggesting the company’s fundamentals remain attractive versus peers. Scotia raises price target on Killam Apartment REIT
• Neutral Sentiment: Killam Apartment REIT also reported first-quarter 2026 operating performance and financial results, along with voting results from its annual meeting; these updates help clarify recent operating trends, but no major new surprise was highlighted in the provided details. Q1-2026 operating performance and financial results Annual meeting voting results

Killam Apartment REIT Company Profile

Killam Apartment Real Estate Investment Trust is an open-ended mutual fund trust. The company specializes in the acquisition, management, and development of multi-residential apartment buildings and manufactured home communities (MHC). It has three main operating segments, Apartment segment, MHC segment, and Commercial segments. Apartment segment acquires, operates, manages and develops multi-family residential properties across Canada. MHC segment acquires and operates MHC communities in Ontario and Eastern Canada, and Commercial segment includes more than seven commercial properties.