Associated Estates Realty (AEC) Stock Price, News & Analysis

Company Overview

Associated Estates Realty Corporation was a real estate investment trust that owned, operated and managed multifamily apartment communities in the United States. The company focused on providing rental housing through apartment properties serving a range of residential markets.

Based in the Cleveland, Ohio, area, Associated Estates historically concentrated its portfolio in the Midwest and Mid-Atlantic regions, including markets in Ohio and surrounding states. Its activities included apartment property acquisition, development, redevelopment, leasing and management.

Associated Estates was led by Jeffrey I. Friedman, who served as chief executive officer for much of the company’s later history. In 2015, the company was acquired by Brookfield Asset Management and ceased operating as an independent publicly traded company.

Key Stats

• Today's Range: $2.71 to $2.88
• 50-Day Range: $2.78 to $4.30
• 52-Week Range: $2.70 to $10.24
• Volume: 15,462 shs
• Average Volume: 57,999 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $5.00
• Consensus Rating: Hold

Associated Estates Realty Stock Analysis - MarketRank™

Associated Estates Realty scored higher than 68% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Hold

Consensus Rating

Associated Estates Realty has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, 1 buy rating, no hold ratings, and 1 sell rating.

Upside Potential

Associated Estates Realty has a consensus price target of $5.00, representing about 79.2% upside from its current price of $2.79.

Amount of Analyst Coverage

Associated Estates Realty has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: N/A
• Proj. Earnings Growth: N/A

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Associated Estates Realty has a short interest ratio ("days to cover") of 1.36, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Associated Estates Realty has recently increased by 33.76%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

Associated Estates Realty does not currently pay a dividend.

Dividend Growth

Associated Estates Realty does not have a long track record of dividend growth.

News and Social Media

• Score: 3.6 / 5
• News Sentiment: N/A

News Sentiment

Associated Estates Realty has a news sentiment score of 1.82. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Associated Estates Realty this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Associated Estates Realty insiders have not sold or bought any company stock.

Percentage Held by Insiders

3.60% of the stock of Associated Estates Realty is held by insiders.

Percentage Held by Institutions

85.42% of the stock of Associated Estates Realty is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Energy
• Industry: Oil, Gas & Consumable Fuels
• Sub-Industry: Coal & Consumable Fuels
• Current Symbol: NASDAQ:AEC
• CIK: 911635
• Web: www.associatedestates.com
• Phone: +1-216-2615000
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Associated Estates Realty: $5.00
• High Price Target: $5.00
• Low Price Target: $5.00
• Potential Upside/Downside: +79.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $744.77 thousand
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A