Killam Apartment REIT (TSE:KMP.UN) Given New C$20.25 Price Target at Raymond James Financial

Killam Apartment REIT (TSE:KMP.UN) had its target price raised by Raymond James Financial from C$20.00 to C$20.25 in a report issued on Friday morning,BayStreet.CA reports. Raymond James Financial currently has an outperform rating on the stock.

KMP.UN has been the topic of several other reports. Scotia increased their price target on Killam Apartment REIT from C$19.50 to C$20.00 and gave the company a “sector outperform” rating in a report on Friday. Royal Bank Of Canada increased their price target on Killam Apartment REIT from C$21.00 to C$22.00 and gave the company an “outperform” rating in a report on Friday. TD Securities lowered their price target on Killam Apartment REIT from C$21.00 to C$20.00 and set a “buy” rating on the stock in a report on Friday, February 13th. ATB Cormark Capital Markets lowered their price target on Killam Apartment REIT from C$21.00 to C$20.00 and set an “outperform” rating on the stock in a report on Friday, February 13th. Finally, National Bank Financial upped their price target on shares of Killam Apartment REIT from C$19.75 to C$20.00 and gave the company an “outperform” rating in a research report on Friday. Eight investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Killam Apartment REIT presently has an average rating of “Moderate Buy” and an average price target of C$20.23.

Killam Apartment REIT Stock Performance

Shares of TSE KMP.UN opened at C$17.84 on Friday. The firm’s 50-day moving average price is C$16.61 and its 200-day moving average price is C$16.84. The company has a quick ratio of 0.03, a current ratio of 0.10 and a debt-to-equity ratio of 82.05. The company has a market cap of C$2.18 billion, a PE ratio of 73.67 and a beta of 0.60. Killam Apartment REIT has a 52-week low of C$15.65 and a 52-week high of C$19.80.

Killam Apartment REIT (TSE:KMP.UN) last announced its quarterly earnings results on Thursday, May 7th. The company reported C$0.41 earnings per share (EPS) for the quarter. The firm had revenue of C$96.68 million for the quarter. Killam Apartment REIT had a net margin of 86.91% and a return on equity of 12.07%. As a group, analysts anticipate that Killam Apartment REIT will post 1.2904074 EPS for the current year.

Killam Apartment REIT Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, May 15th will be given a $0.06 dividend. The ex-dividend date is Thursday, April 30th. This represents a c) annualized dividend and a yield of 4.0%. Killam Apartment REIT’s dividend payout ratio (DPR) is currently 297.33%.

Killam Apartment REIT News Roundup

Here are the key news stories impacting Killam Apartment REIT this week:

• Positive Sentiment: TD lifted its price target on Killam Apartment REIT to C$21.00 from C$20.00 and kept a buy rating, implying about 17% upside from the current share price. TD raises price target on Killam Apartment REIT
• Positive Sentiment: Royal Bank of Canada raised its target to C$22.00 from C$21.00 and maintained an outperform rating, the most bullish target among the updates and a sign analysts see further upside. RBC raises price target on Killam Apartment REIT
• Positive Sentiment: Raymond James nudged its target up to C$20.25 from C$20.00 and reiterated an outperform rating, reinforcing the favorable analyst backdrop. Raymond James raises price target on Killam Apartment REIT
• Positive Sentiment: National Bank Financial increased its target to C$20.00 from C$19.75 and kept an outperform rating, adding to the cluster of positive revisions. National Bank Financial raises price target on Killam Apartment REIT
• Positive Sentiment: Scotia raised its target to C$20.00 from C$19.50 and maintained a sector outperform rating, suggesting the company’s fundamentals remain attractive versus peers. Scotia raises price target on Killam Apartment REIT
• Neutral Sentiment: Killam Apartment REIT also reported first-quarter 2026 operating performance and financial results, along with voting results from its annual meeting; these updates help clarify recent operating trends, but no major new surprise was highlighted in the provided details. Q1-2026 operating performance and financial results Annual meeting voting results

About Killam Apartment REIT

Killam Apartment Real Estate Investment Trust is an open-ended mutual fund trust. The company specializes in the acquisition, management, and development of multi-residential apartment buildings and manufactured home communities (MHC). It has three main operating segments, Apartment segment, MHC segment, and Commercial segments. Apartment segment acquires, operates, manages and develops multi-family residential properties across Canada. MHC segment acquires and operates MHC communities in Ontario and Eastern Canada, and Commercial segment includes more than seven commercial properties.