Allied Properties Real Estate Investment Trust (TSE:AP.UN) Stock Price Down 27.8% – What’s Next?

Shares of Allied Properties Real Estate Investment Trust (TSE:AP.UN) were down 27.8% during mid-day trading on Wednesday . The company traded as low as C$10.00 and last traded at C$10.14. Approximately 9,155,955 shares changed hands during mid-day trading, an increase of 906% from the average daily volume of 909,716 shares. The stock had previously closed at C$14.05.

Key Headlines Impacting Allied Properties Real Estate Investment Trust

Here are the key news stories impacting Allied Properties Real Estate Investment Trust this week:

• Positive Sentiment: Allied announced a plan to raise about C$500 million to pay down debt, which should reduce leverage and interest-cost risk on a balance sheet with high debt-to-equity (71.7%). That deleveraging intent can be credit-positive if completed and executed at reasonable terms. Allied Property REIT raising $500‑million to pay down debt
• Neutral Sentiment: The Canadian Investment Regulatory Organization (CIRO) placed AP.UN in a temporary trading halt while material disclosures were announced — a procedural pause that often precedes volatility when trading resumes. Canadian Investment Regulatory Organization Trading Halt – AP.UN
• Negative Sentiment: Q4 results were deeply negative: reported C($7.93) EPS and an 89.9% negative net margin on C$148.8M revenue — metrics that point to large one-time charges or valuation adjustments and materially weak earnings-per-unit. That poor earnings print undermines near-term investor confidence. Allied Q4 and full-year results press release
• Negative Sentiment: The announced equity financing (new unit/share issuance) to fund the C$500M raise is likely dilutive to existing unitholders and commonly exerts downward pressure on the unit price in the near term until the capital is deployed and debt reduction is visible. Allied Reports Q4 and Full-Year Results; Announces Leadership Update and Equity Financing
• Negative Sentiment: Leadership change: the founder/long-time leader is stepping down, increasing execution risk during a balance-sheet repair. Investors typically view senior-management turnover unfavorably absent a clear succession plan. Allied Property REIT raising $500‑million to pay down debt

Analyst Upgrades and Downgrades

Several analysts have issued reports on AP.UN shares. Canaccord Genuity Group dropped their price objective on Allied Properties Real Estate Investment Trust from C$22.00 to C$18.00 and set a “buy” rating on the stock in a research note on Friday, October 31st. TD Securities dropped their price target on Allied Properties Real Estate Investment Trust from C$16.00 to C$14.50 and set a “hold” rating on the stock in a research note on Friday, December 12th. National Bank Financial raised Allied Properties Real Estate Investment Trust from an “underperform” rating to a “sector perform” rating and cut their price target for the company from C$14.00 to C$13.00 in a report on Monday, December 1st. Canadian Imperial Bank of Commerce reduced their price objective on shares of Allied Properties Real Estate Investment Trust from C$17.00 to C$15.50 and set a “neutral” rating for the company in a research report on Monday, November 3rd. Finally, Raymond James Financial upgraded shares of Allied Properties Real Estate Investment Trust from an “underperform” rating to a “market perform” rating and decreased their price objective for the company from C$14.75 to C$14.00 in a report on Tuesday, December 2nd. One research analyst has rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of C$15.28.

Allied Properties Real Estate Investment Trust Price Performance

The company has a fifty day simple moving average of C$13.63 and a two-hundred day simple moving average of C$16.22. The stock has a market capitalization of C$1.42 billion, a price-to-earnings ratio of -2.47 and a beta of 1.65. The company has a debt-to-equity ratio of 71.71, a quick ratio of 0.12 and a current ratio of 0.45.

Allied Properties Real Estate Investment Trust (TSE:AP.UN) last issued its quarterly earnings results on Tuesday, February 10th. The real estate investment trust reported C($7.93) earnings per share for the quarter. Allied Properties Real Estate Investment Trust had a negative return on equity of 8.01% and a negative net margin of 89.93%.The firm had revenue of C$148.77 million for the quarter. As a group, equities research analysts expect that Allied Properties Real Estate Investment Trust will post 1.8404851 earnings per share for the current fiscal year.

Allied Properties Real Estate Investment Trust Company Profile

Allied Properties Real Estate Investment Trust is a real estate investment trust engaged in the development, management, and ownership of primarily urban office environments across Canada’s major cities. Most of the total square footage in the company’s real estate portfolio is located in Toronto and Montreal. Allied Properties derives nearly all of its income in the form of rental revenue from tenants in its properties. The majority of this revenue comes from its assets located in Central Canada.