Trade Street Residential, Inc. is a full service, vertically integrated, self-administered and self-managed real estate investment trust (REIT). The Company focused on acquiring, owning, operating and managing apartment communities in mid-sized cities and suburban submarkets of larger cities primarily in the southeastern United States and Texas. The Company conducts substantially all of its operations through its operating partnership Trade Street Operating Partnership, LP. The Company owns and operates approximately 19 apartment communities containing 4,889 apartment units in Alabama, Florida, Georgia, North Carolina, South Carolina, Tennessee and Texas. The Company also owns Midlothian Town Center - East, which is approved for 246 apartment units and 10,800 square feet of retail space, including a parking deck structure.
Industry, Sector and Symbol:
- 52 Week Range: $6.33 - $8.15
- Trailing P/E Ratio:
- Foreward P/E Ratio: 14.15
- P/E Growth:
- Net Margins: -21.98%
- Return on Equity: -7.20%
- Return on Assets: -2.50%
- Average Volume: 2,445 shs.
Frequently Asked Questions for Trade Street Residential (NASDAQ:TSRE)
What is Trade Street Residential's stock symbol?
Trade Street Residential trades on the NASDAQ under the ticker symbol "TSRE."
How were Trade Street Residential's earnings last quarter?
Trade Street Residential Inc (NASDAQ:TSRE) posted its earnings results on Wednesday, May, 7th. The company reported ($0.06) EPS for the quarter, missing the consensus estimate of $0.01 by $0.07. The company had revenue of $11.41 million for the quarter, compared to analyst estimates of $11.86 million. Trade Street Residential had a negative return on equity of 7.20% and a negative net margin of 21.98%. View Trade Street Residential's Earnings History.
Who are some of Trade Street Residential's key competitors?
Some companies that are related to Trade Street Residential include AvalonBay Communities (AVB), Equity Residential (EQR), Essex Property Trust (ESS), Mid-America Apartment Communities (MAA), United Dominion Realty Trust (UDR), Camden Property Trust (CPT), Equity Lifestyle Properties (ELS), Apartment Investment and Management Company (AIV), Sun Communities (SUI), American Campus Communities (ACC), American Homes 4 Rent (AMH), Colony Starwood Homes (SFR), Two Harbors Investments Corp (TWO), Education Realty Trust (EDR), Monogram Residential Trust (MORE), Associated Estates Realty (AEC), ARMOUR Residential REIT (ARR) and New Senior Investment Group (SNR).
How do I buy Trade Street Residential stock?
Shares of Trade Street Residential can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Trade Street Residential's stock price today?
MarketBeat Community Rating for Trade Street Residential (NASDAQ TSRE)MarketBeat's community ratings are surveys of what our community members think about Trade Street Residential and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Trade Street Residential stock can currently be purchased for approximately $6.79.
Consensus Ratings for Trade Street Residential (NASDAQ:TSRE) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|
Analysts' Ratings History for Trade Street Residential (NASDAQ:TSRE)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Trade Street Residential (NASDAQ:TSRE)Earnings History by Quarter for Trade Street Residential (NASDAQ TSRE)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/11/2015||Q115||$0.11||$0.10||$15.77 million||$15.63 million||View||Listen|
|11/3/2014||Q314||$0.08||$0.09||$14.40 million||$15.31 million||View||N/A|
|8/11/2014||Q2 14||$0.08||$0.06||$14.65 million||View||N/A|
|5/7/2014||$0.01||($0.06)||$11.86 million||$11.41 million||View||N/A|
|3/18/2014||Q4 13||$0.05||($0.01)||$9.80 million||$9.21 million||View||N/A|
Earnings Estimates for Trade Street Residential (NASDAQ:TSRE)
Current Year EPS Consensus Estimate: $0.43 EPS
Next Year EPS Consensus Estimate: $0.48 EPS
Dividend History by Quarter for Trade Street Residential (NASDAQ TSRE)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Trade Street Residential (NASDAQ:TSRE)Insider Trades by Quarter for Trade Street Residential (NASDAQ:TSRE)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/19/2014||Randall C Eberline||CAO||Buy||9,642||$7.26||$70,000.92|| |
|1/16/2014||David Levin||Chairman||Buy||165,528||$6.33||$1,047,792.24|| |
|1/16/2014||Mack D Pridgen III||Director||Buy||25,483||$6.33||$161,307.39|| |
|1/16/2014||Michael Baumann||CEO||Buy||170,766||$7.40||$1,263,668.40|| |
|1/16/2014||Richard H Ross||CFO||Buy||1,377||$6.33||$8,716.41|| |
|11/14/2013||Richard H Ross||CFO||Buy||1,900||$6.45||$12,255.00|| |
|5/16/2013||David Levin||Chairman||Buy||25,000||$10.00||$250,000.00|| |
Headline Trends for Trade Street Residential (NASDAQ:TSRE)
Latest Headlines for Trade Street Residential (NASDAQ:TSRE)
|Branch Properties Names Richard Ross as Executive Vice President and Chief Financial Officer|
finance.yahoo.com - February 17 at 2:56 PM
|Independence Realty (IRT) Closes Acquisition of Trade Street|
finance.yahoo.com - September 18 at 2:40 PM
|TRADE STREET RESIDENTIAL, INC. Files SEC form 8-K, Termination of a Material Definitive Agreement, Completion of Acqu|
biz.yahoo.com - September 17 at 4:08 PM
|TRADE STREET RESIDENTIAL, INC. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Other Events,|
biz.yahoo.com - September 15 at 1:31 PM
|TRADE STREET RESIDENTIAL, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements a|
biz.yahoo.com - September 11 at 1:48 PM
|TRADE STREET RESIDENTIAL, INC. Financials|
finance.yahoo.com - September 1 at 1:04 PM
|TRADE STREET RESIDENTIAL, INC. Files SEC form 10-Q/A, Quarterly Report|
biz.yahoo.com - August 24 at 4:44 PM
|TRADE STREET RESIDENTIAL, INC. Files SEC form 10-Q, Quarterly Report|
biz.yahoo.com - August 10 at 4:10 PM
|TRADE STREET RESIDENTIAL, INC. Files SEC form 8-K, Results of Operations and Financial Condition|
biz.yahoo.com - August 7 at 6:04 AM
|TSRE INVESTOR ALERT: The Law Offices of Vincent Wong Launches an Investigation of the Board of Directors of Trade Street Residential Inc. in Connection With the Sale of the Company to Independence Realty Trust Inc.|
finance.yahoo.com - May 27 at 10:44 AM
|SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Trade Street Residential, Inc.|
finance.yahoo.com - May 22 at 10:10 PM
|TRADE STREET SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of Trade Residential, Inc. Over the Proposed Sale of the Company to Independence Realty Trust - TSRE|
finance.yahoo.com - May 22 at 5:33 PM
Trade Street Residential (TSRE) Chart for Tuesday, September, 19, 2017