Canadian Apartment Properties Real Estate Investment Trust (CDPYF) and The Competition Head-To-Head Analysis
by Amy Steele · The Cerbat GemInsider & Institutional Ownership
23.7% of Canadian Apartment Properties Real Estate Investment Trust shares are held by institutional investors. Comparatively, 55.7% of shares of all “Residential REITs” companies are held by institutional investors. 8.5% of shares of all “Residential REITs” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Dividends
Canadian Apartment Properties Real Estate Investment Trust pays an annual dividend of $1.16 per share and has a dividend yield of 4.8%. Canadian Apartment Properties Real Estate Investment Trust pays out 39.4% of its earnings in the form of a dividend. As a group, “Residential REITs” companies pay a dividend yield of 4.4% and pay out 191.5% of their earnings in the form of a dividend. Canadian Apartment Properties Real Estate Investment Trust is clearly a better dividend stock than its competitors, given its higher yield and lower payout ratio.
Valuation and Earnings
This table compares Canadian Apartment Properties Real Estate Investment Trust and its competitors top-line revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Canadian Apartment Properties Real Estate Investment Trust | N/A | N/A | 8.20 |
| Canadian Apartment Properties Real Estate Investment Trust Competitors | $775.43 million | $238.42 million | 154.03 |
Canadian Apartment Properties Real Estate Investment Trust’s competitors have higher revenue and earnings than Canadian Apartment Properties Real Estate Investment Trust. Canadian Apartment Properties Real Estate Investment Trust is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Profitability
This table compares Canadian Apartment Properties Real Estate Investment Trust and its competitors’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Canadian Apartment Properties Real Estate Investment Trust | N/A | N/A | N/A |
| Canadian Apartment Properties Real Estate Investment Trust Competitors | 21.08% | 2.87% | 2.13% |
Summary
Canadian Apartment Properties Real Estate Investment Trust competitors beat Canadian Apartment Properties Real Estate Investment Trust on 7 of the 9 factors compared.
Canadian Apartment Properties Real Estate Investment Trust Company Profile
CAPREIT is Canada's largest publicly traded provider of quality rental housing. As at December 31, 2023, CAPREIT owns approximately 64,300 residential apartment suites, townhomes and manufactured home community sites that are well-located across Canada and the Netherlands, with approximately $16.5 billion of investment properties in Canada and Europe.