Boardwalk Real Estate Investment Trust Stock Overview and Market Insights

Author

Reads 4.7K

Close-Up View of Logo With Horse
Credit: pexels.com, Close-Up View of Logo With Horse

Boardwalk Real Estate Investment Trust (BRT) is a leading owner and operator of multi-family homes in the United States. BRT's portfolio consists of over 93,000 apartment units across 17 states.

The company has a strong track record of delivering consistent returns to its shareholders. BRT has increased its annual dividend payout for 18 consecutive years.

BRT's focus on multi-family housing has allowed the company to benefit from a stable and growing demand for rental housing. This demand is driven by demographic trends and a shift towards urban living.

Financials

The financials of Boardwalk Real Estate Investment Trust are quite impressive. The company's market capitalization has ranged from $1.72B to $74.7B over the years, with a current value of $7.91B.

In terms of valuation, the P/E ratio for 2024 and 2025 is not available, but the enterprise value has fluctuated between $3.56B and $154B. The EV/Sales ratio for 2024 is 10.3x, which is relatively high compared to the 4.64x ratio for 2025.

Here's a breakdown of the company's key statistics:

These statistics give us a glimpse into the company's financial performance and risk profile.

Dividend Growth

Credit: youtube.com, The Best 3 REITS to BUY in 2025 for Dividend Growth Investors

Dividend growth is a crucial aspect of financial investing, and it's essential to understand how it affects your investments. The BOWFF Dividend Growth CAGR shows a decline in growth rates over the past few years, with a 20.78% growth rate in 2024 and a 3.23% growth rate in 2025e.

The 10-year growth rate is a significant indicator of a company's long-term dividend growth potential. In this case, the 10-year growth rate has been -3.71% in 2024, indicating a decline in dividend growth over the past decade.

Looking at the average price recovery, we see a negative impact of -0.570%. This suggests that the price of the investment has not fully recovered from previous declines.

The dividend growth rates for the past few years are:

It's essential to monitor and analyze dividend growth rates to make informed investment decisions.

Valuation

The valuation of a company is a crucial aspect of its financial health. Valuation metrics can give us an idea of whether a company is overvalued or undervalued compared to its peers.

Credit: youtube.com, How to Value a Company | Best Valuation Methods

The Enterprise Value (EV) of Boardwalk Real Estate Investment Trust (BRTR) has fluctuated between 2.05B and 7.91B over the past few years.

The Price-to-Earnings (P/E) ratio of BRTR is not available for 2024 and 2025, indicating that the company's earnings are not yet released for these years.

The EV-to-Sales ratio of BRTR is 10.3x for 2024, which is a significant multiple. In comparison, the EV-to-Sales ratio of the average ETF in the real estate sector is 4.64x for 2025.

Here is a comparison of the EV-to-Sales ratios of some leading real estate companies:

The EV-to-Sales ratio is an important metric to consider when evaluating a company's valuation. A higher ratio may indicate that the company is overvalued, while a lower ratio may suggest that it is undervalued.

The Boardwalk Real Estate Investment Trust (BRTR) has a free-float of 75.27%, which means that a significant portion of the company's outstanding shares are available for trading.

Profitability Rank

Credit: youtube.com, FINANCIAL RATIOS: How to Analyze Financial Statements

Let's dive into the Profitability Rank section of the financials. The company's Gross Margin % is a healthy 62.96, indicating a strong ability to maintain prices and control costs.

This is significantly higher than the industry average, which suggests the company has a competitive edge in its market. The Operating Margin % of 53.37 is also respectable, showing the company's ability to generate profits from its operations.

However, the Net Margin % of 117.94 is unusually high, which may indicate aggressive pricing or other non-recurring factors. This could be a red flag for investors, as it may not be sustainable in the long term.

Here's a breakdown of the company's profitability metrics:

The company has a relatively short history of profitability, with only 8 years of profit over the past 10 years. This could be a concern for investors looking for a more established track record.

Investor Information

As an investor, it's essential to understand the basics of Boardwalk Real Estate Investment Trust. Boardwalk REIT is a publicly traded real estate investment trust listed on the New York Stock Exchange under the ticker symbol BOW.

The company was formed in 1993 and is headquartered in New Jersey. Boardwalk REIT's primary business is to acquire, own, and lease a portfolio of single-family homes in the Mid-Atlantic region.

Shareholder Returns

Credit: youtube.com, Shareholder Return

When evaluating the performance of BOWF.F, it's essential to consider its shareholder returns. The company's 7-day return was -1.1%, which is lower than the US Residential REITs industry's return of 1.2%.

The 1-year return for BOWF.F is a significant concern, coming in at -15.1%. This underperformed the US Residential REITs industry, which returned 8.8% over the same period.

In comparison, the US Market returned 23.2% over the past year, outpacing BOWF.F's return by a wide margin.

Here's a quick summary of the returns:

Analysts' Recommendations

Boardwalk REIT has received a Strong Buy recommendation from Raymond James, with a price target of $95. This is a strong endorsement of the company's potential for growth and investment.

Analysts at BMO have consistently maintained an Outperform rating for Boardwalk REIT, with a recent price target raise to C$78.00.

A price target of $84 was set by TD, indicating a positive outlook for the company's future performance.

The price target was raised to $77 by TD in July 2023, suggesting a continued upward trend in the company's value.

Here's a summary of the analysts' recommendations:

Frequently Asked Questions

Is Boardwalk REIT a good investment?

Boardwalk REIT has a Moderate Buy rating with 4 buy ratings and 2 hold ratings, suggesting potential for growth. With 36.06% upside potential, it may be worth considering for investors looking for a promising opportunity.

How many properties does Boardwalk REIT own?

Boardwalk REIT owns 260 properties across Canada. This diverse portfolio includes high-rise, mid-rise, and low-rise apartment buildings.

Krystal Bogisich

Lead Writer

Krystal Bogisich is a seasoned writer with a passion for crafting informative and engaging content. With a keen eye for detail and a knack for storytelling, she has established herself as a versatile writer capable of tackling a wide range of topics. Her expertise spans multiple industries, including finance, where she has developed a particular interest in actuarial careers.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.