Brokerages Set Automotive Properties Real Est Invt TR (TSE:APR.UN) Price Target at C$12.72

Automotive Properties Real Est Invt TR (TSE:APR.UN) has been assigned a consensus recommendation of “Hold” from the nine analysts that are currently covering the company, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is C$12.72.

Separately, TD boosted their price target on shares of Automotive Properties Real Est Invt TR from C$12.50 to C$13.00 and gave the stock a “hold” rating in a research note on Friday, May 15th.

Automotive Properties Real Est Invt TR Stock Performance

TSE APR.UN opened at C$12.17 on Monday. The company has a debt-to-equity ratio of 78.62, a quick ratio of 0.02 and a current ratio of 2.24. The firm has a market cap of C$660.96 million, a price-to-earnings ratio of 10.92 and a beta of 0.78. The firm has a 50 day simple moving average of C$12.14 and a 200-day simple moving average of C$11.75. Automotive Properties Real Est Invt TR has a one year low of C$10.68 and a one year high of C$12.49.

Automotive Properties Real Est Invt TR (TSE:APR.UN) last announced its earnings results on Wednesday, May 13th. The company reported C$0.45 earnings per share for the quarter. The firm had revenue of C$29.10 million for the quarter. Automotive Properties Real Est Invt TR had a net margin of 76.20% and a return on equity of 11.73%. Equities research analysts anticipate that Automotive Properties Real Est Invt TR will post 1.0136327 EPS for the current fiscal year.

Automotive Properties Real Est Invt TR Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 15th were issued a $0.0685 dividend. The ex-dividend date was Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 6.8%. Automotive Properties Real Est Invt TR’s dividend payout ratio (DPR) is 73.21%.

Automotive Properties Real Est Invt TR Company Profile

Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive and other OEM dealership and service properties located in Canada and the United States. The REIT’s portfolio currently consists of 91 income-producing commercial properties, representing approximately 3.4 million square feet of gross leasable area, in metropolitan markets across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Québec in Canada, and Florida and Ohio in the United States.