Boardwalk Real Estate Investment Trust (TSX: BEI-UN) Stock Analysis & Fundamentals

BEI-UNBoardwalk Real Estate Investment Trust

TSX · CA · Real Estate · REIT - Residential · boardwalkreit.com

65.27CAD+0.34%Mkt Cap: 2.66B $P/E: —Today

Boardwalk Real Estate Investment Trust strives to be Canada's friendliest community provider and the first choice in multi-family communities to work, invest, and call home with our Boardwalk Family Forever. Providing ho…

Industry Peers

REIT - Residential

Screen all

AVB

AvalonBay Communities, Inc.

Essex Property Trust, Inc.

$19.81BUSDP/E 44.8

INVH

Invitation Homes Inc.

$17.94BUSDP/E 27.7

MAA

Mid-America Apartment Communities, Inc.

$15.69BUSDP/E 38.4

SUI

Sun Communities, Inc.

$15.61BUSDP/E 156.5

AMH

American Homes 4 Rent

Equity LifeStyle Properties, Inc.

$13.11BUSDP/E 31.6

CPT

Camden Property Trust

Millrose Properties Inc.

$5.07BUSDP/E 10.6

IRT

Independence Realty Trust, Inc.

$4.02BUSDP/E 92.3

CAR-UN

Canadian Apartment Properties Real Estate Investment Trust

Veris Residential Inc. Common Stock

$1.94BUSDP/E 26.0

KMP-UN

Killam Apartment REIT

$1.67BUSDP/E 267.3

EKGYO

Emlak Konut Gayrimenkul Yatirim Ortakligi A.S.

$1.69BUSDP/E 241.3

XIOR

Xior Student Housing N.V.

Key Statistics

Company

Market Cap2.66B $

Enterprise Value4.91B $

Revenue (TTM)466.66M $

Gross Profit304.09M $

Net Income (TTM)143.37M $

Revenue/Share9.649 USD

Last Price65.27 CAD

Fiscal Year EndDec 2025

MR QuarterJun 2026

Employees1.6K

CountryCA

SectorReal Estate

IndustryREIT - Residential

ISIN—

Valuation

P/E (Trailing)—

P/E (Forward)13.96

PEG1.41

EV/EBITDA18.12

EV/Revenue10.52

P/S5.11

P/B0.64

EPS (TTM)-0.85

EPS (Forward)4.66

52W Range

60.7538% of range72.71

52W High72.71 CAD

52W Low60.75 CAD

Profitability

Gross Margin65.38%

Oper. Margin57.22%

EBITDA Margin58.04%

Profit Margin30.83%

ROE4.00%

ROA2.19%

Growth

Revenue Growth2.10%

Earnings Growth—

Cash Flow & Leverage

Operating CF189.22M $

CapEx (TTM)101.25M $

FCF Margin43.14%

FCF Yield7.57%

Net Debt2.72B $

Net Debt/EBITDA10.06

Balance Sheet

Debt/Equity0.74

Current Ratio0.16

Quick Ratio0.13

Book Value/Sh101.54 CAD

Cash/Share2.798 CAD

Dividends

Fwd Div Rate1.760 CAD

Trail. Div Rate1.680 CAD

Div. Yield2.70%

5Y Avg Yield2.02%

Payout Ratio181.32%

Ex-Div DateAug 31, 2026

Pay DateDec 15, 2026

Splits

Last Split2:1

Split DateNov 27, 1997

Analyst Consensus

Rating2.2 (Buy)

Strong BuyBuyHoldSellStr. Sell

Target (Mean)79.48 CAD

Upside (mean)+21.8%

Target Range74.00 CAD – 86.25 CAD

CAD74.00+21.8% to meanCAD86.25

# Analysts11

Ownership

Shares Out.47.77M

Float37.22M

Insiders18.17%

Institutions42.11%

Short Interest

Short Ratio5.2d

Short % Out.1.46%

Shares Short748.65K

Short (prev mo.)668.55K

Technical

SMA 5065.36 (-0.1%)

SMA 20065.34 (-0.1%)

Beta0.84

S&P 52W Chg18.16%

Avg Vol (30d)119.80K

Avg Vol (10d)97.31K

Technical Indicators

RSI (14)49.1

MACD-0.3149

MACD Signal-0.1838

MACD Hist.-0.1311

BB Upper67.27 CAD

BB Middle65.34 CAD

BB Lower63.40 CAD

BB Width5.93%

ATR (14)1.167 CAD

Vol Ratio (20d)0.57x