CHP.UN - Choice Properties REIT

Choice Properties (TSE:CHP.UN)

Affiliate Disclosure

Choice Properties is a Real Estate Investment Trust that owns, manages and develops retail and commercial real estate across Canada. Choice Properties was spun out by Loblaw Cos. Ltd. in 2013 and the grocery chain is its biggest tenant today.

The REIT’s properties are well located across Canada majorly in the largest markets. Approximately 57% of the portfolio’s base rent is generated from large urban markets, mainly in Toronto, Calgary, Vancouver, and Montreal.

The REIT’s portfolio includes 599 retail properties, 113 industrial properties, 16 office complexes, three multi-family residential buildings, and 22 development properties.

Choice Properties Stock Details

  • Ticker: TSE:CHP.UN
  • Sector: Real Estate
  • Industry: REIT - Retail
  • Market Cap: 4.13B
  • Market Cap Group: Mid Cap
  • P/E: 24.25
  • Dividend Yield: 5.88%

CHP.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
O NYSE:O Realty Income Corporation 35.94 54.91 5.11 YES 1 10 84
SPG NYSE:SPG Simon Property Group Inc. 29.38 14.69 7.80 NO 1 10 84
FRT NYSE:FRT Federal Realty Investment Trust 7.29 26.05 4.79 YES 1 10 84
REI.UN TSE:REI.UN RioCan 5.65 9.99 5.48 NO 1 10 84
CHP.UN TSE:CHP.UN Choice Properties REIT 4.13 24.25 5.88 NO 1 10 84
SRU.UN TSE:SRU.UN SmartCentres REIT 3.75 4.06 7.13 YES 1 10 84
FCR.UN TSE:FCR.UN First Capital REIT 3.24 15.72 5.71 NO 1 10 84
CRT.UN TSE:CRT.UN CT REIT 1.61 28.18 5.78 YES 1 10 84
PMZ.UN TSE:PMZ.UN Primaris REIT 1.28 0.00 6.26 NO 1 10 84
SGR.UN TSE:SGR.UN Slate Grocery REIT 0.77 0.00 9.09 YES 1 10 84
PLZ.UN TSE:PLZ.UN Plaza Retail REIT 0.40 3.95 7.14 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.

Not all analysts are equal and they don't cover the same type of stocks. The analysts performance and ownership is tracked for comparison.

Choice Properties REIT - FAQ

What is the stock ticker for Choice Properties REIT?

The stock ticker for Choice Properties REIT is TSE:CHP.UN.

Is Choice Properties REIT a good stock to buy?

You need to consider your investment strategy and how TSE:CHP.UN can fit in your portfolio.

The current dividend income score of 4/10 and dividend growth score of 3/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.

Is Choice Properties REIT a Buy, Sell or Hold?

The Dividend Snapshot Opportunity Score of 43 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.


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DISCLOSURE: Please note that I may have a position in one or many of the holdings listed. For a complete list of my holdings, please see my Dividend Portfolio.

DISCLAIMER: Please note that this blog post represents my opinion and not an advice/recommendation. I am not a financial adviser, I am not qualified to give financial advice. Before you buy any stocks/funds consult with a qualified financial planner. Make your investment decisions at your own risk – see my full disclaimer for more details.