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

Killam Apartment REIT (TSE:KMP.UN) had its target price upped by TD from C$20.00 to C$21.00 in a research report sent to investors on Friday morning,BayStreet.CA reports. They currently have a buy rating on the stock.

KMP.UN has been the topic of a number of other research reports. Raymond James Financial lifted their price target on shares of Killam Apartment REIT from C$20.00 to C$20.25 and gave the company an “outperform” rating in a research note on Friday. National Bank Financial raised their price target on shares of Killam Apartment REIT from C$19.75 to C$20.00 and gave the company an “outperform” rating in a research note on Friday. Scotia raised their price target on shares of 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. TD Securities decreased their price target on shares of Killam Apartment REIT from C$21.00 to C$20.00 and set a “buy” rating on the stock in a research note on Friday, February 13th. Finally, ATB Cormark Capital Markets decreased their price target on shares of Killam Apartment REIT from C$21.00 to C$20.00 and set an “outperform” rating on the stock in a research note on Friday, February 13th. Eight equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Killam Apartment REIT currently has an average rating of “Moderate Buy” and an average target price of C$20.23.

Killam Apartment REIT Stock Performance

KMP.UN opened at C$17.84 on Friday. The company has a debt-to-equity ratio of 82.05, a current ratio of 0.10 and a quick ratio of 0.03. The firm has a fifty day moving average price of C$16.61 and a 200 day moving average price of C$16.84. Killam Apartment REIT has a 1 year low of C$15.65 and a 1 year high of C$19.80. The stock has a market cap of C$2.18 billion, a P/E ratio of 73.67 and a beta of 0.60.

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

Killam Apartment REIT Dividend Announcement

The business 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 dividend of $0.06 per share. The ex-dividend date of this dividend is Thursday, April 30th. This represents a c) dividend on an annualized basis and a yield of 4.0%. Killam Apartment REIT’s payout ratio is 297.33%.

More Killam Apartment REIT News

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

About Killam Apartment REIT

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.