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: 2.05B
  • Market Cap Group: Mid Cap
  • P/E: 6.57
  • Dividend Yield: 4.06%

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. 16.68 31.76 3.77 YES 1 10 83
CAR.UN TSE:CAR.UN Canadian Apartment Properties REIT 7.45 0.00 3.25 YES 1 10 83
BEI.UN TSE:BEI.UN Boardwalk REIT 3.79 4.42 2.05 NO 1 10 83
KMP.UN TSE:KMP.UN Killam Apartment REIT 2.05 6.57 4.06 YES 1 10 83
IIP.UN TSE:IIP.UN InterRent REIT 1.74 48.07 3.16 YES 1 10 83
MI.UN TSE:MI.UN Minto Apartment REIT 0.59 0.00 3.43 YES 1 10 83
MRG.UN TSE:MRG.UN Morguard North American Residential REIT 0.58 3.39 4.84 NO 1 10 83

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 2/10. 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 42 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 Killam Apartment REIT?

You can easily buy the KMP.UN stock with an online trading platform.

Just make sure the stock fits your risk profile and investment goals.

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