Canadian Apartment Properties REIT (TSE:CAR.UN) Posts Earnings Results

Canadian Apartment Properties REIT (TSE:CAR.UN) posted its quarterly earnings data on Wednesday. The company reported C($1.14) EPS for the quarter, FiscalAI reports. Canadian Apartment Properties REIT had a negative return on equity of 1.08% and a negative net margin of 4.95%. The company had revenue of C$246.62 million for the quarter.

Canadian Apartment Properties REIT Price Performance

Canadian Apartment Properties REIT stock opened at C$32.40 on Friday. The company has a market cap of C$4.97 billion, a price-to-earnings ratio of -37.30, a PEG ratio of -10.12 and a beta of 0.61. The company has a debt-to-equity ratio of 76.05, a quick ratio of 0.16 and a current ratio of 0.36. The firm has a 50 day moving average price of C$31.75 and a 200 day moving average price of C$34.86. Canadian Apartment Properties REIT has a 1 year low of C$30.80 and a 1 year high of C$40.01.

Analyst Upgrades and Downgrades

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

About Canadian Apartment Properties REIT

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.