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

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

Separately, TD increased their price objective 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 Price Performance

Shares of TSE:APR.UN opened at C$12.25 on Monday. The business’s fifty day moving average price is C$12.15 and its two-hundred day moving average price is C$11.72. The stock has a market cap of C$665.31 million, a PE ratio of 10.99 and a beta of 0.78. The company has a debt-to-equity ratio of 78.62, a quick ratio of 0.02 and a current ratio of 2.24. Automotive Properties Real Est Invt TR has a one year low of C$10.68 and a one year high of C$12.49.

Automotive Properties Real Est Invt TR (TSE:APR.UN) last released its quarterly earnings results 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 during the quarter. On average, analysts forecast that Automotive Properties Real Est Invt TR will post 1.0136327 EPS for the current fiscal year.

Automotive Properties Real Est Invt TR Announces Dividend

The company also recently announced 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) dividend on an annualized basis and a yield of 6.7%. The ex-dividend date was Friday, May 29th. Automotive Properties Real Est Invt TR’s dividend payout ratio is 73.21%.

Automotive Properties Real Est Invt TR Company Profile

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.