AP.UN, CA0194561027

Allied Properties stock heads toward October 28 results

Published on 10/07/2026 at 03:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Allied Properties stock posted CAD 140.510 million in Q2 revenue, down 3.13 percent year over year. Analysts set a CAD 10.03 mean target across 9 views.

AP.UN, CA0194561027, Illustration mit AI erstellt.

Allied Properties Real Estate Investment Trust stock (ISIN CA0194561027) was last at CAD 6.13 on the TSX on October 6, 2026, while the trust prepares to publish third-quarter results on October 28. The next report will test whether leasing progress can offset pressure on cash flow and property values.

Third quarter date is set

According to TMX Money, Allied will release financial results for the quarter ended September 30, 2026, after the market close on October 28. Management will discuss the figures during a webcast on October 29 at 10:00 a.m. ET.

The timing puts the report at the center of the stock story. Allied's Q2 2026 revenue was CAD 140.510 million, down 3.13 percent from CAD 145.045 million a year earlier, while FFO per unit was CAD 0.24 against CAD 0.25 consensus, according to ScanX.

Leasing offsets weaker cash flow

ScanX reported Q2 adjusted funds from operations of CAD 0.17 per unit and a full-year 2026 same-asset NOI outlook for a decline of 8.0 percent to 9.0 percent. The leasing pipeline increased 11 percent during the quarter and 33 percent from the start of 2026, giving the results release two competing signals.

Asset sales remain another measurable balance-sheet lever. Allied completed CAD 243 million of dispositions by the end of Q2 and had another CAD 78 million property sale firm, against a 2026 disposition target of CAD 500 million, ScanX reported.

Analysts see room above CAD 6.13

The consensus page from Investing.com shows a Neutral rating from 9 analysts, with 8 Holds, 1 Sell and 0 Buys. The average target is CAD 10.03, with a low of CAD 9 and a high of CAD 11; that average lies 63.6 percent above the October 6 price.

Recent target cuts underline the cautious tone. Markets Insider reported on October 5 that Scotiabank reduced its target from CAD 10.50 to CAD 9 while keeping a Sector Perform rating. Raymond James cut its target from CAD 9.50 to CAD 7.50 on October 2, also retaining Market Perform, according to Markets Insider.

Stock remains near yearly low

At CAD 6.13, Allied's October 6 TSX quote stood only CAD 0.19 above its 52-week low of CAD 5.94 and CAD 16.07 below its 52-week high of CAD 22.20. The same session showed a 1.49 percent gain, volume of 1,911,564 units and a market capitalization of CAD 983.0 million.