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Canadian Apartment ( ($TSE:CAR.UN) ) has provided an update.
Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) announced its June 2025 monthly distribution of $0.12917 per Unit, payable on July 15, 2025. This announcement reflects CAPREIT’s ongoing commitment to providing value to its unitholders, with a significant growth in cash distributions since its IPO in 1997.
The most recent analyst rating on ($TSE:CAR.UN) stock is a Buy with a C$54.25 price target. To see the full list of analyst forecasts on Canadian Apartment stock, see the TSE:CAR.UN Stock Forecast page.
Spark’s Take on TSE:CAR.UN Stock
According to Spark, TipRanks’ AI Analyst, TSE:CAR.UN is a Outperform.
The overall score reflects strong technical momentum and positive corporate events, which outweigh valuation concerns and moderate financial performance. CAPREIT’s proactive strategic initiatives and stable cash generation support its market strength, despite its high P/E ratio suggesting potential overvaluation.
To see Spark’s full report on TSE:CAR.UN stock, click here.
More about Canadian Apartment
CAPREIT is Canada’s largest publicly traded provider of quality rental housing, owning approximately 46,800 residential apartment suites and townhomes across Canada and the Netherlands with a total fair value of approximately $14.9 billion.
Average Trading Volume: 446,552
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$7.16B
Find detailed analytics on CAR.UN stock on TipRanks’ Stock Analysis page.