Canadian Apartment Properties Real Estate Investment Trust (CDPYF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Canadian Apartment Properties Real Estate Investment Trust (CDPYF) trades at $25.06 with AI Score 43/100 (Grade C). Canadian Apartment Properties REIT (CDPYF) is one of Canada's largest residential REITs, owning and managing a diverse portfolio of apartment suites, townhomes, and manufactured housing sites. Market cap: $3.84B, Sector: Real estate.
Price live · AI analysis from Mar 16, 2026Analyst Coverage for CDPYF: CDPYF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates CDPYF against Real Estate peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
CDPYF: the 1 perspectives are evenly split.
How is this calculated? →Canadian Apartment Properties Real Estate Investment Trust (CDPYF) Real Estate Portfolio & Strategy
Canadian Apartment Properties REIT is a leading Canadian residential landlord with a significant portfolio of apartments, townhomes, and manufactured housing. The company's diversified geographic presence across Canada, the Netherlands, and Ireland, coupled with its active property management, positions it as a key player in the residential REIT sector.
What Is the Investment Thesis for CDPYF?
CAPREIT presents a compelling investment case based on its leading position in the Canadian residential REIT sector and its diversified portfolio. The company's focus on essential residential properties provides a stable revenue stream, supported by consistent demand for rental housing. With a dividend yield of 6.77%, CAPREIT offers an attractive income opportunity for investors. A key value driver is CAPREIT's ability to increase rental rates and occupancy through active property management and strategic capital improvements. The company's exposure to the Netherlands and Ireland provides diversification and potential for further growth. However, investors should be aware of potential risks, including interest rate fluctuations and changes in government regulations.
Based on FMP financials and quantitative analysis
CDPYF Key Highlights
- Market capitalization of $3.84B, reflecting its significant presence in the Canadian REIT market.
- Profit margin of 19.6%, indicating efficient operations and profitability in its rental property business.
- Gross margin of 59.2%, showcasing strong revenue generation relative to the cost of its rental operations.
- Dividend yield of 6.77%, offering an attractive income stream for investors.
- Beta of 0.93, suggesting relatively low volatility compared to the overall market.
Who Are CDPYF's Competitors?
CDPYF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| BTLCY British Land Company Plc | $5.49 | -1.01% | $5.63B | 44 |
| CCPPF Shaftesbury Capital PLC | $1.82 | +0.00% | $3.32B | 49 |
| CNRAF Vicinity Centres | $1.80 | +0.00% | $8.38B | 50 |
| CTOUF Charter Hall Group | $10.00 | -35.13% | $4.73B | 53 |
| CWSRF Chartwell Retirement Residences | $16.50 | +2.48% | $5.35B | 58 |
| SUNS Sunrise Realty Trust, Inc. | $8.27 | +0.99% | $111.81M | 67 |
| BHM Bluerock Homes Trust, Inc. | $9.02 | -4.35% | $37.07M | 63 |
| AMH American Homes 4 Rent | $33.71 | -1.09% | $12.11B | 57 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are CDPYF's Key Strengths?
- Large and diversified portfolio of residential properties.
- Strong brand reputation and customer service.
- Experienced management team.
- Geographic diversification across Canada, the Netherlands, and Ireland.
What Are CDPYF's Weaknesses?
- Exposure to interest rate fluctuations.
- Reliance on rental income.
- Potential for tenant turnover.
- Sensitivity to economic downturns.
What Could Drive CDPYF Stock Higher?
- Continued demand for rental housing in Canada and internationally.
- Strategic acquisitions of additional rental properties.
- Redevelopment and upgrade projects to enhance property value.
- Implementation of innovative property management practices.
- Growth in rental rates due to inflation and market demand.
What Are the Key Risks for CDPYF?
- Financial-distress signal — its Altman Z-Score of 0.99 sits in the distress zone (elevated bankruptcy risk).
- Rich valuation — a P/E of 847.0 runs well above the Real Estate sector’s ~20x, leaving little room for a miss.
- Rising interest rates could increase borrowing costs and reduce profitability.
- Economic downturns could reduce demand for rental housing and increase vacancy rates.
- Changes in government regulations could impact the company's operations.
- Competition from other REITs and private landlords.
- Unexpected property damage or maintenance expenses.
What Are the Growth Opportunities for CDPYF?
- Expansion through Acquisitions: CAPREIT can continue to grow its portfolio through strategic acquisitions of existing apartment buildings and rental properties in Canada and internationally. The Canadian apartment market is fragmented, providing opportunities for consolidation. By acquiring well-located and well-maintained properties, CAPREIT can increase its rental income and net asset value. This strategy could add several thousand suites to the portfolio over the next 3-5 years.
- Organic Growth through Rental Rate Increases: CAPREIT can increase its revenue by raising rental rates on its existing properties. As demand for rental housing increases, CAPREIT can implement rental rate increases to capture the higher market rents. By carefully managing its tenant relationships and providing high-quality services, CAPREIT can minimize tenant turnover and maximize rental income. This strategy could increase revenue by 2-3% per year.
- Property Redevelopment and Upgrades: CAPREIT can enhance the value of its properties by undertaking redevelopment and upgrade projects. By renovating existing suites and common areas, CAPREIT can attract higher-paying tenants and increase rental rates. These projects can also improve the energy efficiency of the properties, reducing operating costs. This strategy could increase the value of the portfolio by 5-10% over the next 5 years.
- International Expansion: CAPREIT can expand its international presence by investing in additional rental properties in the Netherlands and Ireland. These markets offer attractive investment opportunities, with strong demand for rental housing and stable economies. By diversifying its geographic exposure, CAPREIT can reduce its reliance on the Canadian market and increase its overall growth potential. This strategy could add several thousand suites to the international portfolio over the next 3-5 years.
- Development of New Rental Properties: CAPREIT can develop new rental properties on vacant land or underutilized sites. By constructing new apartment buildings and townhome communities, CAPREIT can increase its supply of rental housing and capture a larger share of the market. This strategy requires significant capital investment and development expertise, but it can generate attractive returns over the long term. This strategy could add several hundred suites to the portfolio each year.
What Opportunities Does CDPYF Have?
- Acquisition of additional rental properties.
- Redevelopment and upgrade of existing properties.
- Expansion into new geographic markets.
- Development of new rental properties.
What Threats Does CDPYF Face?
- Increased competition from other REITs and private landlords.
- Changes in government regulations.
- Economic downturns that reduce demand for rental housing.
- Rising operating costs.
What Are CDPYF's Competitive Advantages?
- Scale: CAPREIT is one of the largest residential REITs in Canada, providing economies of scale in property management and operations.
- Geographic diversification: CAPREIT's portfolio is spread across Canada, the Netherlands, and Ireland, reducing its exposure to regional economic downturns.
- Brand reputation: CAPREIT has a strong reputation for providing quality rental accommodations and excellent customer service.
- Active property management: CAPREIT actively manages its properties to maintain high occupancy rates and increase rental rates.
What Does CDPYF Do?
Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) is a prominent real estate investment trust focused on the residential sector. As one of Canada's largest REITs, CAPREIT owns a substantial portfolio of approximately 57,000 suites across Canada, encompassing apartments, townhomes, and manufactured housing sites. Founded with the aim of providing quality rental accommodations, CAPREIT has grown through strategic acquisitions and active management of its properties. The company has also expanded its reach internationally, with an investment in ERES, giving it indirect ownership of approximately 5,800 suites in the Netherlands. CAPREIT's property management operations extend to approximately 61,200 suites in Canada and the Netherlands. Additionally, as of September 30, 2020, CAPREIT managed approximately 3,800 suites in Ireland. CAPREIT's business model focuses on generating stable and growing income from its rental properties, with a focus on maintaining high occupancy rates and increasing rental rates over time.
What Products and Services Does CDPYF Offer?
- Owns and manages a portfolio of residential rental properties.
- Operates apartment buildings, townhomes, and manufactured housing sites.
- Provides rental housing to a diverse tenant base.
- Acquires existing rental properties to expand its portfolio.
- Manages its properties to maintain high occupancy rates.
- Undertakes capital improvements to enhance property value.
- Invests in international rental markets through its investment in ERES.
How Does CDPYF Make Money?
- Generates revenue from rental income.
- Focuses on maintaining high occupancy rates.
- Increases rental rates over time.
- Manages operating expenses to maximize profitability.
What Industry Does CDPYF Operate In?
CAPREIT operates within the Canadian residential REIT sector, which is characterized by stable demand and consistent rental income. The industry is influenced by factors such as population growth, urbanization, and interest rates. CAPREIT competes with other REITs and private landlords for tenants. The Canadian residential real estate market has generally experienced steady growth, driven by immigration and a strong economy. CAPREIT's size and geographic diversification provide a competitive advantage, allowing it to capitalize on opportunities across different regions and property types.
Who Are CDPYF's Key Customers?
- Individuals and families seeking rental housing.
- Tenants in urban and suburban areas.
- Residents of apartments, townhomes, and manufactured housing sites.
- Individuals looking for rental accommodations in Canada, the Netherlands and Ireland.
CDPYF Valuation & Market Position
With a $3.84B market cap, Canadian Apartment Properties Real Estate Investment Trust sits in the mid-cap segment of the market. Relative to its peer group, CDPYF's quantitative score of 43/100 is roughly in line with the peer average of 51/100.
FY2026 estForward Outlook
Wall Street analysts project Canadian Apartment Properties Real Estate Investment Trust revenue of about $997.0M for fiscal 2026, with EPS near $0.73. The estimate reflects 8 contributing analysts.
F-Score 8/9Financial Health
Canadian Apartment Properties Real Estate Investment Trust's Piotroski F-Score is 8/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 0.99 places it in the distress zone, a signal of elevated financial risk.
ROE 0%Key Financial Metrics
Return on equity for Canadian Apartment Properties Real Estate Investment Trust stands at 0.1%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.0%, showing how much profit it generates from its asset base. CDPYF trades at a trailing price-to-earnings ratio of 847.05, above the Real Estate sector average of ~20x. Its free cash flow yield is 4.5%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.30 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 0.1%, the inverse of the P/E and a quick read on earnings relative to price.
CDPYF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the company's future performance, indicating a positive outlook from leadership.
- Community sentiment has shifted positively, with discussions highlighting the stability and growth potential of the Canadian real estate market.
- The increasing demand for rental properties in urban areas supports the trust's fundamentals, as more people seek rental options amid rising home prices.
- Recent developments in property acquisitions have strengthened the trust's portfolio, enhancing its market position and appeal to investors.
Bear Case
- Concerns about rising interest rates could impact the overall real estate market, leading to potential headwinds for REITs like CDPYF.
- Social sentiment reflects some apprehension regarding the sustainability of rental demand post-pandemic, as remote work trends evolve.
- There is a growing bearish sentiment among some investors who fear potential regulatory changes affecting rental markets and property management.
- Market perception remains cautious, with discussions around economic uncertainties influencing investor confidence in real estate investments.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
CDPYF Latest News
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US Investors Mulling Canadian Rental Ownership—Should You Buy A Condo Or REIT?
benzinga · May 13, 2026
CDPYF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for CDPYF.
Price Targets
Wall Street price target analysis for CDPYF.
CDPYF MoonshotScore
What does this score mean?
The MoonshotScore rates CDPYF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Mark Kenney
CEO
Mark Kenney serves as the CEO of Canadian Apartment Properties REIT. His career spans various leadership roles within the real estate sector. With extensive experience in property management, acquisitions, and portfolio optimization, Kenney has demonstrated a deep understanding of the residential rental market. His expertise encompasses strategic planning, financial management, and operational efficiency. Kenney's leadership is characterized by a focus on sustainable growth, tenant satisfaction, and shareholder value.
Track Record: Under Mark Kenney's leadership, CAPREIT has continued to expand its portfolio through strategic acquisitions and organic growth initiatives. He has overseen the implementation of innovative property management practices, resulting in improved occupancy rates and tenant retention. Kenney has also guided the company through various economic cycles, demonstrating his ability to navigate challenging market conditions. His strategic decisions have contributed to CAPREIT's strong financial performance and its position as a leading residential REIT in Canada.
CDPYF OTC Market Information
The OTC Other tier represents the lowest tier of OTC markets, indicating that Canadian Apartment Properties REIT (CDPYF) may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies on this tier may have limited information available to investors, and trading activity can be sporadic. Investing in OTC Other stocks carries higher risks compared to stocks listed on major exchanges due to the potential for less transparency and regulatory oversight. The OTC Other tier is often populated by shell companies, bankrupt entities, or companies with questionable operations.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited information availability due to the unknown disclosure status.
- Potential for low trading volume and liquidity.
- Higher price volatility compared to stocks listed on major exchanges.
- Risk of inadequate regulatory oversight.
- Potential for fraud or manipulation.
- Verify the company's financial statements.
- Research the company's management team and their track record.
- Assess the company's business model and competitive landscape.
- Review the company's disclosure status and reporting requirements.
- Monitor trading volume and price activity.
- Understand the risks associated with investing in OTC stocks.
- Consult with a financial advisor.
- CAPREIT is a well-established REIT with a significant portfolio of residential properties.
- The company has a track record of generating stable rental income.
- CAPREIT is managed by an experienced team of real estate professionals.
- The company is listed on the Toronto Stock Exchange (TSX), providing some level of regulatory oversight.
- CAPREIT provides information on its website and through investor relations materials.
CDPYF Real Estate Stock FAQ
What does Canadian Apartment Properties Real Estate Investment Trust do?
Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) is a leading Canadian residential REIT that owns and manages a diverse portfolio of apartment buildings, townhomes, and manufactured housing sites. The company's primary business is to generate rental income from its properties, providing housing solutions to a wide range of tenants. CAPREIT also focuses on property management, capital improvements, and strategic acquisitions to enhance the value of its portfolio and deliver long-term returns to its shareholders. In addition to its Canadian operations, CAPREIT has international exposure through its investments in the Netherlands and Ireland.
What are the main risks for CDPYF?
CAPREIT faces several risks, including interest rate fluctuations, which can increase borrowing costs and reduce profitability. Economic downturns could reduce demand for rental housing, leading to higher vacancy rates and lower rental income. Changes in government regulations, such as rent control measures, could also impact the company's operations. Competition from other REITs and private landlords could put pressure on rental rates and occupancy. Unexpected property damage or maintenance expenses could also negatively impact the company's financial performance. Investors should carefully consider these risks before investing in CDPYF.
What are the key factors to evaluate for CDPYF?
Canadian Apartment Properties Real Estate Investment Trust (CDPYF) holds an AI score of 43/100 (low). P/E: 847.0x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does CDPYF data refresh on this page?
CDPYF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven CDPYF's recent stock price performance?
Canadian Apartment Properties Real Estate Investment Trust (CDPYF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Large and diversified portfolio of residential properties. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider CDPYF overvalued or undervalued right now?
Canadian Apartment Properties Real Estate Investment Trust (CDPYF) trades at 847.0x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying CDPYF?
Before investing in Canadian Apartment Properties Real Estate Investment Trust (CDPYF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding CDPYF to a portfolio?
Key strength of Canadian Apartment Properties Real Estate Investment Trust (CDPYF): Large and diversified portfolio of residential properties. Weigh rewards against risks and diversify. Not financial advice.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- AI analysis pending for CDPYF. Further analysis may reveal additional insights.
- OTC market data may be less reliable than data from major exchanges.