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Weekly 52-Week Low (or 52-Week High): NVO-X, CNE-T, HDI-T, BEI.UN-T and More 52-Week Highs and Lows (Mar 20-26)Weak Friday, but positive week3 defensive stocks to find stability with your moneyThis summary was created by AI, based on 12 opinions in the last 12 months.
Based on the reviews from different experts, Boardwalk REIT (BEI.UN-T) is seen as a good option for real estate investment, especially in Alberta, with no rent control and a safe dividend. The company has a 78% concentration in Alberta and Saskatchewan, and despite being able to increase rents, they continue to be affordable. The stock is seen as progressing well and has a bright outlook, with the potential for increased distribution and a focus on high-quality housing. The company is also seen as a good option for investors looking to get exposure to real estate in Canada.
Good option for real estate as no rent control in Alberta. Safe dividend. Good option for investors looking to get exposure to real estate in Canada.
(A Top Pick Dec 06/22, Up 42%)
He knew going into 2023 that there would be an explosion boom given more immigration and the housing shortage. He owns CAP REIT too. This trend continues into 2024 unless supply-demand change, which will be slow to happen.
Headline "Soaring Canadian housing costs drive population boom in Alberta" tells the story. Affordable housing, with 78% concentration between Alberta and Saskatchewan. Despite being able to increase rents, they continue to be affordable. Discount to NAV, yet NAV continues to grow. Limited new supply, pricing power. Yield is 2%.
(Analysts’ price target is $66.70)Alberta benefits from population growth, international migration, and inter-provincial migration. Not rent regulated. Quality housing. Large discount of about 20% to NAV. Outlook continues to be bright. Yield is 1.78%.
Good landlords. A very important characteristic. Could increase rents by 20%, but seldom goes above 9%.
Does not own shares at this time.
~60% of residential units around Calgary area (fast growing area without rent control).
Good time to buy with rising interest rates impacting share price.
Strength in energy business also good for business.
Whole sector has been pushed down extensively, based on interest rates. This is unfair, as everything gets lumped into the same boat. This one is faring better. Longer term, will be OK. Generates income, good portfolio of assets. Yield is 1.9%.
Great example of a company with the ability to increase its distribution. Apartments across Canada, with a focus (2/3 of its portfolio) on Alberta. Alberta has become the affordable market in Canada for both new Canadians and inter-provincial migration. Growing cashflow.
Quite bullish on it. Still lots of runway, with stock trading at 20% discount to NAV. Occupancy has increased over 98%. 10% in leasing spreads. Foresees 8.5-12.5% income growth this year.
It is in the Alberta market which has a great opportunity for attractive rents and affordability. Trades at a good discount to NAV which is growing as markets are recovering. Has a 98% occupancy rate and it can push for rent incentives.
Boardwalk REIT is a Canadian stock, trading under the symbol BEI.UN-T on the Toronto Stock Exchange (BEI.UN-CT). It is usually referred to as TSX:BEI.UN or BEI.UN-T
In the last year, 11 stock analysts published opinions about BEI.UN-T. 9 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Boardwalk REIT.
Boardwalk REIT was recommended as a Top Pick by on . Read the latest stock experts ratings for Boardwalk REIT.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
11 stock analysts on Stockchase covered Boardwalk REIT In the last year. It is a trending stock that is worth watching.
On 2024-03-28, Boardwalk REIT (BEI.UN-T) stock closed at a price of $78.08.
Benefited from immigration in Canada. Lack of rent control in main market, Alberta. Fully valued now, easy money has been made. Housing shortage, too.