Automotive Properties REIT is an owner of automotive dealership properties in key Canadian urban centres. It is an open-ended, growth-oriented REIT. The Dilawri Group, AutoCanada Inc., Drive Auto Group, Go Auto, Mierens Automotive Group, and Pfaff Auto Group are a few of Automotive Properties’ leading tenants. The REIT is in a good position to gain from the booming automotive retail industry which is Canada’s largest retail segment.
Its portfolio comprises of 61 income-producing automotive properties located in more than 190 acres across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Quebec. Automotive Properties REIT has attractive leasing profile with 13.7 years of weighted average lease term.
The REIT’s property leases are structured as triple-net leases under which the tenant is responsible for all costs relating to repair and maintenance, taxes, insurance, and other non-structural improvements. Automotive Properties’ tenants include 32 global brands in the mass market and ultra luxury segments, with a focus on Euro and Asian brands.
Automotive Properties REIT Stock Details
- Ticker: tse:apr.un
- Sector: Real Estate
- Industry: REIT - Diversified
- Market Cap: 0.44B
- Market Cap Group: Small Cap
- P/E: 7.81
- Dividend Yield: 7.18%
- Grade: B
- Dividend Aristocrat: NO
- Chowder Score: Members Only
- Revenue Growth: Members Only
- Dividend Growth: Members Only
- Dividend Growth Fit: 4/10
- Dividend Income Fit: 5/10
APR.UN Industry Competitors
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.
| Ticker | Ticker | Company | Market Cap | P/E | Yield | Aristocrat | Graph | SectorID | IndustryID |
|---|---|---|---|---|---|---|---|---|---|
| HR.UN | TSE:HR.UN | H&R REIT | 2.72 | 0.00 | 5.88 | NO | 1 | 10 | 120 |
| CRR.UN | TSE:CRR.UN | Crombie REIT | 1.57 | 219.67 | 6.01 | NO | 1 | 10 | 120 |
| AX.UN | TSE:AX.UN | Artis REIT | 0.78 | 0.00 | 8.65 | NO | 1 | 10 | 120 |
| APR.UN | TSE:APR.UN | Automotive Properties REIT | 0.44 | 7.81 | 7.18 | NO | 1 | 10 | 120 |
| MRT.UN | TSE:MRT.UN | Morguard REIT | 0.35 | 0.00 | 4.44 | NO | 1 | 10 | 120 |
| PRV.UN | TSE:PRV.UN | PROREIT | 0.31 | 6.37 | 8.56 | NO | 1 | 10 | 120 |
| BTB.UN | TSE:BTB.UN | BTB REIT | 0.28 | 6.84 | 9.23 | NO | 1 | 10 | 120 |
| TNT.UN | TSE:TNT.UN | True North Commercial REIT | 0.24 | 26.02 | 11.40 | NO | 1 | 10 | 120 |
| FCD.UN | TSE:FCD.UN | Firm Capital Property Trust | 0.21 | 0.00 | 9.37 | NO | 1 | 10 | 120 |
| SOT.UN | TSE:SOT.UN | Slate Office REIT | 0.17 | 0.00 | 5.74 | NO | 1 | 10 | 120 |
| MPCT.UN | TSE:MPCT.UN | Dream Impact Trust REIT | 0.17 | 0.00 | 6.60 | NO | 1 | 10 | 120 |
| MR.UN | TSE:MR.UN | Melcor REIT | 0.06 | 8.40 | 10.21 | NO | 1 | 10 | 120 |
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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Automotive Properties REIT - FAQ
What is the stock ticker for Automotive Properties REIT?
The stock ticker for Automotive Properties REIT is TSE:apr.un.
Is Automotive Properties REIT a good stock to buy?
You need to consider your investment strategy and how TSE:apr.un can fit in your portfolio.
The current dividend income score of 5/10 and dividend growth score of 4/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.
Is Automotive Properties REIT a Buy, Sell or Hold?
The Dividend Snapshot Opportunity Score of 52 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.
How can I buy stocks for Automotive Properties REIT?
You can easily buy the APR.UN stock with an online trading platform.
Just make sure the stock fits your risk profile and investment goals.