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: 4.16B
  • Market Cap Group: Mid Cap
  • P/E: 13.76
  • Dividend Yield: 5.98%

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
SPG NYSE:SPG Simon Property Group Inc. 49.32 19.28 5.29 NO 1 10 84
O NYSE:O Realty Income Corporation 46.20 49.13 5.81 YES 1 10 84
FRT NYSE:FRT Federal Realty Investment Trust 8.37 35.93 4.32 YES 1 10 84
REI.UN TSE:REI.UN RioCan 5.19 101.71 6.42 NO 1 10 84
CHP.UN TSE:CHP.UN Choice Properties REIT 4.16 13.76 5.98 NO 1 10 84
SRU.UN TSE:SRU.UN SmartCentres REIT 3.81 11.69 8.27 YES 1 10 84
CRT.UN TSE:CRT.UN CT REIT 3.20 14.61 6.62 YES 1 10 84
FCR.UN TSE:FCR.UN First Capital REIT 3.05 0.00 6.01 NO 1 10 84
PMZ.UN TSE:PMZ.UN Primaris REIT 1.28 11.34 6.34 NO 1 10 84
SGR.UN TSE:SGR.UN Slate Grocery REIT 0.64 12.84 10.88 NO 1 10 84
PLZ.UN TSE:PLZ.UN Plaza Retail REIT 0.40 18.25 7.73 NO 1 10 84

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 5/10 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 49 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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