TSE KMP UN

Killam Apartment REIT (TSE:KMP.UN)

Affiliate Disclosure

Killam Apartment REIT is one of Canada’s largest real estate investment trust owning, operating and developing apartments and manufactured home communities. Its growth-oriented real estate portfolio is located in attractive markets of Atlantic Canada, Ontario, and Alberta.

Its portfolio of multi-family residential apartments comprises of 197 apartment properties and 37 MCHs. Approximately 90% of Killam’s net operating income is generated from the apartment business, 5% from the MHC business and 5% from commercial properties.

Almost 33% of its NOI is generated from apartments under 10 years of age, which acts as a significant demand driver as modern buildings are in greater demand since they require less maintenance and operational costs. Killam is targeting to develop high-quality properties in its core markets and is also expanding geographically with accretive acquisitions.

Killam Apartment REIT Stock Details

  • Ticker: TSE:kmp.UN
  • Sector: Real Estate
  • Industry: REIT - Residential
  • Market Cap: 1.98B
  • Market Cap Group: Small Cap
  • P/E: 9.36
  • Dividend Yield: 4.12%

KMP.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
ESS NYSE:ESS Essex Property Trust Inc. 13.94 39.00 4.09 YES 1 10 83
CAR.UN TSE:CAR.UN Canadian Apartment Properties REIT 7.52 15.35 3.28 YES 1 10 83
BEI.UN TSE:BEI.UN Boardwalk REIT 2.33 6.08 2.12 NO 1 10 83
KMP.UN TSE:KMP.UN Killam Apartment REIT 1.98 9.36 4.12 YES 1 10 83
IIP.UN TSE:IIP.UN InterRent REIT 1.77 5.94 2.72 YES 1 10 83
MRG.UN TSE:MRG.UN Morguard North American Residential REIT 0.64 1.90 4.28 NO 1 10 83
MI.UN TSE:MI.UN Minto Apartment REIT 0.59 2.09 3.22 NO 1 10 83

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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Killam Apartment REIT - FAQ

What is the stock ticker for Killam Apartment REIT?

The stock ticker for Killam Apartment REIT is TSE:KMP.UN.

Is Killam Apartment REIT a good stock to buy?

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

The current dividend income score of 4/10 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 Killam Apartment 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.