For over thirty-five years, Boardwalk has earned a national reputation for excellence in real estate investment, management, and development. Through comprehensive management services and an unwavering dedication to customer service, Boardwalk continues to deliver outstanding results, enhanced asset values and increased investor returns for its retail partners. Boardwalk has been driven by community, forging relationships, and creating memories.
Their focus on people, genuine relationships, and shared values have created a truly unique and defining culture that differentiates a Boardwalk community. The success of their company is rooted in Boardwalk’s entrepreneurial and hands-on approach to reaching its business objectives. Boardwalk takes great pride in leading the property management industry with the ongoing development of retail and mixed-use communities across Canada. Their commercial spaces for lease offer a new and reliable clientele base with increased interest and foot traffic from their Residents.
At Boardwalk, they understand the value of developing communities where people can live, work, and play. Their quality mixed-use commercial spaces for lease are ideal for services such as medical clinics, salons, and professional offices, as well as businesses such as cafes, restaurants, and convenience stores. They also offer rooftop leases for telecommunications antennas. Boardwalk currently has commercial spaces available for lease in Calgary, Edmonton, Saskatoon, London, Longueil, Quebec City, and Laval. Their Commercial Leasing Associates have significant experience in leasing, operating, and managing commercial properties.
Boardwalk supports growth with a strong and stable financial foundation – which means maintaining manageable debt levels and preserving liquidity, so they always have the flexibility to pursue the right opportunities when they arise. Furthermore, they continue to access low-cost debt financing and maintain 99% of mortgages secured under CMHC debt. Additionally, a key to supporting growth organically is maintaining their proven strength and efficiency in operations. This means keeping their occupancy levels high through excellent Resident Member satisfaction, strong lease renewals, and effective leasing and sales. Boardwalk also maintains a dedicated and ongoing commitment to process improvement and cost optimization to further strengthen their profitability while delivering a positive experience for all Resident Members.
Stock Chart & Metrics
- Ticker: tse:BEI.UN
- Sector: Real Estate
- Industry: REIT - Residential
- Market Cap: 2.60B
- Market Cap Group: Mid Cap
- P/E: 6.79
- Dividend Yield: 1.90%
The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.
|SPG||NYSE:SPG||Simon Property Group Inc.||44.51||21.67||5.55||NO||1||10||84|
|O||NYSE:O||Realty Income Corporation||42.39||62.58||4.41||YES||1||10||84|
|FRT||NYSE:FRT||Federal Realty Investment Trust||9.18||24.00||3.82||YES||1||10||84|
|CHP.UN||TSE:CHP.UN||Choice Properties REIT||4.86||9.25||4.99||NO||1||10||84|
|FCR.UN||TSE:FCR.UN||First Capital REIT||3.86||0.00||4.78||NO||1||10||84|
|SGR.UN||TSE:SGR.UN||Slate Grocery REIT||0.97||0.00||7.18||YES||1||10||84|
|PLZ.UN||TSE:PLZ.UN||Plaza Retail REIT||0.49||6.09||5.82||NO||1||10||84|
Top Picks by Bay Street Experts
Expert stock analysts have shared their opinions, and sometimes prediction, on the company.
For more top picks from stock analysts on Bay Street, check the full list of top picks by expect stock analysts from investment and asset management firms.
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Boardwalk REIT - FAQ
What is the stock ticker for Boardwalk REIT?
The stock ticker for Boardwalk REIT is TSE:BEI.UN.
Is Boardwalk REIT a good stock to buy?
You need to consider your investment strategy and how TSE:BEI.UN can fit in your portfolio.
The current dividend income score of 2/10 and dividend growth score of 1/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.
Is Boardwalk REIT a Buy, Sell or Hold?
The Dividend Snapshot Opportunity Score of 23 out of 100.
The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.
A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.