Automotive Properties Real Est Invt TR (TSE:APR.UN) Given Consensus Rating of “Hold” by Brokerages

Automotive Properties Real Est Invt TR (TSE:APR.UN) has received a consensus rating of “Hold” from the nine brokerages that are presently covering the firm, Marketbeat reports. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is C$12.72.

Separately, TD upped their target price on Automotive Properties Real Est Invt TR from C$12.50 to C$13.00 and gave the company a “hold” rating in a research note on Friday, May 15th.

Automotive Properties Real Est Invt TR Trading Down 1.2%

Automotive Properties Real Est Invt TR stock opened at C$12.05 on Thursday. The business has a 50 day moving average price of C$12.01 and a two-hundred day moving average price of C$11.60. The company has a quick ratio of 0.02, a current ratio of 2.24 and a debt-to-equity ratio of 78.62. The stock has a market cap of C$654.45 million, a price-to-earnings ratio of 10.81 and a beta of 0.78. Automotive Properties Real Est Invt TR has a 12 month low of C$10.68 and a 12 month high of C$12.49.

Automotive Properties Real Est Invt TR (TSE:APR.UN) last announced its quarterly earnings data on Wednesday, May 13th. The company reported C$0.45 earnings per share for the quarter. Automotive Properties Real Est Invt TR had a return on equity of 11.73% and a net margin of 76.20%.The company had revenue of C$29.10 million for the quarter. As a group, equities analysts forecast that Automotive Properties Real Est Invt TR will post 1.0136327 EPS for the current year.

Automotive Properties Real Est Invt TR Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 15th were issued a $0.0685 dividend. This represents a c) annualized dividend and a yield of 6.8%. The ex-dividend date of this dividend was Friday, May 29th. Automotive Properties Real Est Invt TR’s payout ratio is 73.21%.

About Automotive Properties Real Est Invt TR

Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive and other OEM dealership and service properties located in Canada and the United States. The REIT’s portfolio currently consists of 91 income-producing commercial properties, representing approximately 3.4 million square feet of gross leasable area, in metropolitan markets across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Québec in Canada, and Florida and Ohio in the United States.