Boardwalk REIT (BEI_u)

Currency in CAD
65.64
-0.61(-0.92%)
Closed·
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Fair Value
Day's Range
65.6466.69
52 wk Range
60.7572.71
Key Statistics
Prev. Close
66.25
Open
66.25
Day's Range
65.64-66.69
52 wk Range
60.75-72.71
Volume
76.65K
Average Volume (3m)
136.36K
1-Year Change
-8.7573%
Book Value / Share
98
Fair Value
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Fair Value Upside
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BEI_u Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
79.48
Upside
+21.08%
Members' Sentiments
Bearish
Bullish
ProTips
Has raised its dividend for 4 consecutive years

Boardwalk REIT News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Strong Sell

Analyst Ratings

7 Buy
4 Hold
0 Sell
Ratings:
11 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 79.48
(+21.08% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
RBC Capital
Buy84.00+27.97%81.00MaintainJul 30, 2026
BMO Capital
Hold65.00-0.98%75.00MaintainMay 08, 2026
RBC Capital
Buy81.00+23.40%82.00MaintainMay 07, 2026
Desjardins
Buy78.00+18.83%79.00MaintainFeb 24, 2026
BMO Capital
Hold76.00+15.78%77.00MaintainFeb 23, 2026

Boardwalk REIT Earnings Call Summary for Q2/2026

  • Q2 revenue of $160.9M missed estimates by 1.36%, but shares rose 2.4% on stable operations with 97% occupancy and 1.7% same-property NOI growth.
  • Management maintained 2026 guidance for same-property NOI growth of 1-3.5% and FFO per unit of CAD 4.60-4.80 despite softer revenue trends.
  • Boardwalk prioritizes unit buybacks at implied 6%+ cap rates over other investments, viewing shares as most accretive capital deployment option.
  • New joint venture with Desjardins launched; trust continues asset sales and repositioning program with 6 of 16 projects completed for 2026.
  • Debt-to-EBITDA improved to 9.3x from 10x in Q4 2025; property tax increases and moderating lease spreads pose second-half expense pressures.
Last Updated: 07/30/2026, 01:54 AM
Read Full Transcript

Earnings

Latest Release
Jul 28, 2026
EPS / Forecast
-0.29 / --
Revenue / Forecast
160.9M / 163.12M
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS -0.67%
Dividend Yield
2.74%
Industry Median 4.86%
Annualized payout
1.80
Paid monthly
5-Years Growth
+10.92%
Growth Streak

BEI_u Income Statement

Compare BEI_u to Peers and Sector

Metrics to compare
BEI_u
Peers
Sector
Relationship
P/E Ratio
−95.0x14.6x8.7x
PEG Ratio
0.850.340.01
Price/Book
0.7x1.2x0.9x
Price / LTM Sales
5.2x2.5x3.9x
Upside (Analyst Target)
20.8%11.5%18.4%
Fair Value Upside
Unlock−3.1%1.9%Unlock

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 homes in more than 200 communities, with approximately 34,000 residential suites totaling 30 million net rentable square feet, Boardwalk has a proven long-term track record of building better communities, where love always lives. Our three-tiered and distinct brands: Boardwalk Living, Boardwalk Communities, and Boardwalk Lifestyle cater to a large diverse demographic and have evolved to capture the life cycle of all Resident Family Members. Boardwalk's disciplined approach to capital allocation, acquisition, development, purposeful re-positioning, and management of apartment communities allows the Trust to provide its brand of community across Canada creating exceptional Resident Family Member experiences. Differentiated by its peak performance culture, Boardwalk is committed to delivering exceptional service, product quality and experience to our Resident Family Members who reward us with high retention and market leading operating results, which in turn, lead to higher free cash flow and investment returns, stable monthly distributions, and value creation for all our stakeholders. Boardwalk Real Estate Investment Trust was incorporated in 1983 in Alberta, Canada.

Employees
1590
Market
Canada

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
17.28M37.48%1.14B
Other Institutional Investors
9.14M19.82%605.31M
Public Companies & Retail Investors
19.69M42.70%1.30B
Total
46.1M100.00%3.05B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Boardwalk Properties Company Limited17.80%8,205,000543,581
BlackRock, Inc.4.35%2,005,970132,896

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FAQ

What Is the Boardwalk REIT (BEI_u) Stock Price Today?

The Boardwalk REIT stock price today is 65.64 CAD.

What Stock Exchange Does Boardwalk REIT Trade On?

Boardwalk REIT is listed and trades on the Toronto Stock Exchange.

What Is the Stock Symbol for Boardwalk REIT?

The stock symbol for Boardwalk REIT is "BEI_u."

Does Boardwalk REIT Pay Dividends? What’s The Current Dividend Yield?

The Boardwalk REIT dividend yield is 2.72%.

What Is the Boardwalk REIT Market Cap?

As of today, Boardwalk REIT market cap is 3.30B CAD.

What Is Boardwalk REIT's Earnings Per Share (TTM)?

The Boardwalk REIT EPS (TTM) is -0.67.

When Is the Next Boardwalk REIT Earnings Date?

Boardwalk REIT will release its next earnings report on Nov 10, 2026.

From a Technical Analysis Perspective, Is BEI_u a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.

How Many Times Has Boardwalk REIT Stock Split?

Boardwalk REIT has split 1 times.

How Many Employees Does Boardwalk REIT Have?

Boardwalk REIT has 1590 employees.

What is the current trading status of Boardwalk REIT (BEI_u)?

As of Aug 05, 2026, Boardwalk REIT (BEI_u) is trading at a price of 65.64 CAD, with a previous close of 66.25 CAD. The stock has fluctuated within a day range of 65.64 CAD to 66.69 CAD, while its 52-week range spans from 60.75 CAD to 72.71 CAD.

What Is Boardwalk REIT (BEI_u) Price Target According to Analysts?

The average 12-month price target for Boardwalk REIT is 79.48 CAD, with a high estimate of 86.25 CAD and a low estimate of 74 CAD. 7 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Buy. The stock has an +21.08% Upside potential.
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