Canadian Apartment Properties REIT (TSE:CAR.UN) Sets New 12-Month Low – Here’s Why

Shares of Canadian Apartment Properties REIT (TSE:CAR.UN) reached a new 52-week low during trading on Friday. The company traded as low as C$30.80 and last traded at C$30.88, with a volume of 427,236 shares trading hands. The stock had previously closed at C$31.17.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. ATB Cormark Capital Markets decreased their target price on shares of Canadian Apartment Properties REIT from C$48.00 to C$43.00 and set an “outperform” rating on the stock in a report on Tuesday, August 11th. Canadian Imperial Bank of Commerce cut their price target on shares of Canadian Apartment Properties REIT from C$45.00 to C$40.00 in a report on Monday, August 10th. Three research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, Canadian Apartment Properties REIT presently has an average rating of “Buy” and a consensus target price of C$44.33.

Canadian Apartment Properties REIT Stock Performance

The firm has a market capitalization of C$4.75 billion, a PE ratio of -35.70, a PEG ratio of -10.12 and a beta of 0.71. The company has a quick ratio of 0.16, a current ratio of 0.36 and a debt-to-equity ratio of 76.05. The company has a 50-day moving average of C$31.93 and a 200 day moving average of C$35.01.

Canadian Apartment Properties REIT (TSE:CAR.UN) last released its quarterly earnings results on Thursday, August 6th. The company reported C($0.42) earnings per share for the quarter. The business had revenue of C$246.41 million during the quarter. Canadian Apartment Properties REIT had a negative net margin of 4.95% and a negative return on equity of 1.08%.

Canadian Apartment Properties REIT Company Profile

CAPREIT is Canada’s largest publicly traded provider of quality rental housing. As at June 30, 2026, CAPREIT owns approximately 45,400 residential apartment suites and townhomes (excluding approximately 100 suites classified as assets held for sale), that are well-located across Canada and, to a lesser extent, the Netherlands, with a total fair value of approximately $14.4 billion (excluding approximately $21.6 million of assets held for sale). For more information about CAPREIT, its business and its investment highlights, please visit our website at www.capreit.ca and our public disclosures which can be found under our profile at www.sedarplus.ca.