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Killam Apartment Real Estate Investment Trust is currently in a long term uptrend where the price is trading 15.1% above its 200 day moving average.
From a valuation standpoint, the stock is 86.9% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 7.4.
Killam Apartment Real Estate Investment Trust's total revenue rose by 6.6% to $67M since the same quarter in the previous year.
Its net income has dropped by 61.7% to $49M since the same quarter in the previous year.
Finally, its free cash flow grew by 1080.7% to $7M since the same quarter in the previous year.
Based on the above factors, Killam Apartment Real Estate Investment Trust gets an overall score of 4/5.
| Sector | Real Estate |
|---|---|
| Industry | REIT - Residential |
| Exchange | TO |
| CurrencyCode | CAD |
| ISIN | CA49410M1023 |
| Dividend Yield | 4.5% |
|---|---|
| Beta | 0.92 |
| Market Cap | 2B |
| PE Ratio | 67.0 |
| Target Price | 20.0208 |
Killam Apartment REIT based in Halifax, Nova Scotia (NS), is a Canadian multi-residential property owner, owning, operating, managing and developing a 5.4 billion dollars portfolio of apartments, manufactured home communities (MHCs) and commercial properties across seven provinces. Killam was founded in 2000 to create value through the consolidation of apartments in Atlantic Canada (ATL) and MHCs across Canada. Killam entered the Ontario (ON) apartment market in 2010, the Alberta (AB) apartment market in 2014, and the British Columbia (BC) apartment market in 2020. Killam broke ground on its first development in 2010 and has completed 19 projects to date, with projects in Waterloo, ON, and Halifax, NS, currently under construction.
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