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S&P 500   3,853.07
DOW   31,176.01
QQQ   326.36
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S&P 500   3,853.07
DOW   31,176.01
QQQ   326.36
pixel
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S&P 500   3,853.07
DOW   31,176.01
QQQ   326.36
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NYSE:APTS

Preferred Apartment Communities Stock Forecast, Price & News

$7.56
-0.19 (-2.45 %)
(As of 01/21/2021 12:00 AM ET)
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Today's Range
$7.42
Now: $7.56
$7.78
50-Day Range
$7.17
MA: $7.66
$8.51
52-Week Range
$5.01
Now: $7.56
$13.55
Volume414,512 shs
Average Volume419,678 shs
Market Capitalization$377.25 million
P/E RatioN/A
Dividend Yield9.03%
Beta1.08
Preferred Apartment Communities, Inc. (NYSE: APTS) is a real estate investment trust engaged primarily in the ownership and operation of Class A multifamily properties, with select investments in grocery anchored shopping centers, Class A office buildings, and student housing properties. Preferred Apartment Communities' investment objective is to generate attractive, stable returns for stockholders by investing in income-producing properties and acquiring or originating real estate loans for multifamily properties. As of September 30, 2020, the Company owned or was invested in 125 properties in 15 states, predominantly in the Southeast region of the United States.
Preferred Apartment Communities logo

MarketRank

Overall MarketRank

1.78 out of 5 stars

Finance Sector

402nd out of 1,942 stocks

Real Estate Investment Trusts Industry

91st out of 273 stocks

Analyst Opinion: 2.1Community Rank: 2.8Dividend Strength: 2.5Insider Behavior: 0.8Valuation: 0.6 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone770-818-4100
Employees502

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$470.43 million
Cash Flow$3.67 per share
Book Value$42.22 per share

Profitability

Net Income$-7,240,000.00

Miscellaneous

Market Cap$377.25 million
Next Earnings Date2/22/2021 (Estimated)
OptionableOptionable
$7.56
-0.19 (-2.45 %)
(As of 01/21/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Preferred Apartment Communities (NYSE:APTS) Frequently Asked Questions

How has Preferred Apartment Communities' stock been impacted by COVID-19 (Coronavirus)?

Preferred Apartment Communities' stock was trading at $9.01 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, APTS shares have decreased by 16.1% and is now trading at $7.56.
View which stocks have been most impacted by COVID-19
.

Is Preferred Apartment Communities a buy right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Preferred Apartment Communities in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Preferred Apartment Communities stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in APTS, but not buy additional shares or sell existing shares.
View analyst ratings for Preferred Apartment Communities
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Preferred Apartment Communities?

Wall Street analysts have given Preferred Apartment Communities a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Preferred Apartment Communities wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Larry J. Merlo's approval rating as Preferred Apartment Communities' CEO?

6,978 employees have rated Preferred Apartment Communities CEO Larry J. Merlo on Glassdoor.com. Larry J. Merlo has an approval rating of 37% among Preferred Apartment Communities' employees. This puts Larry J. Merlo in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

When is Preferred Apartment Communities' next earnings date?

Preferred Apartment Communities is scheduled to release its next quarterly earnings announcement on Monday, February 22nd 2021.
View our earnings forecast for Preferred Apartment Communities
.

How were Preferred Apartment Communities' earnings last quarter?

Preferred Apartment Communities, Inc. (NYSE:APTS) announced its earnings results on Monday, November, 9th. The real estate investment trust reported ($0.79) earnings per share for the quarter, missing the consensus estimate of ($0.76) by $0.03. Preferred Apartment Communities had a negative return on equity of 11.10% and a negative net margin of 38.91%.
View Preferred Apartment Communities' earnings history
.

How often does Preferred Apartment Communities pay dividends? What is the dividend yield for Preferred Apartment Communities?

Preferred Apartment Communities declared a quarterly dividend on Wednesday, November 11th. Stockholders of record on Tuesday, December 15th will be paid a dividend of $0.175 per share on Friday, January 15th. This represents a $0.70 dividend on an annualized basis and a yield of 9.26%. The ex-dividend date of this dividend is Monday, December 14th.
View Preferred Apartment Communities' dividend history
.

Is Preferred Apartment Communities a good dividend stock?

Preferred Apartment Communities pays an annual dividend of $0.70 per share and currently has a dividend yield of 9.03%. APTS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Preferred Apartment Communities does not yet have a strock track record of dividend growth. The dividend payout ratio of Preferred Apartment Communities is 51.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, Preferred Apartment Communities will have a dividend payout ratio of 78.65% in the coming year. This indicates that Preferred Apartment Communities may not be able to sustain their current dividend.
View Preferred Apartment Communities' dividend history.

What price target have analysts set for APTS?

4 brokers have issued 12 month price targets for Preferred Apartment Communities' shares. Their forecasts range from $7.00 to $11.00. On average, they expect Preferred Apartment Communities' share price to reach $9.00 in the next year. This suggests a possible upside of 19.0% from the stock's current price.
View analysts' price targets for Preferred Apartment Communities
or view Wall Street analyst' top-rated stocks.

Who are some of Preferred Apartment Communities' key competitors?

What other stocks do shareholders of Preferred Apartment Communities own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Preferred Apartment Communities investors own include AT&T (T), Altria Group (MO), Enterprise Products Partners (EPD), Realty Income (O), The Coca-Cola (KO), Exxon Mobil (XOM), STAG Industrial (STAG), Energy Transfer (ET), Bank of America (BAC) and Verizon Communications (VZ).

Who are Preferred Apartment Communities' key executives?

Preferred Apartment Communities' management team includes the following people:
  • Mr. Daniel M. DuPree, Exec. Chairman (Age 74, Pay $2.05M)
  • Mr. Joel T. Murphy J.D., Pres, CEO & Director (Age 62, Pay $1.98M)
  • Mr. John A. Isakson, Chief Financial Officer (Age 50, Pay $775k)
  • Mr. Michael Joseph Cronin, Exec. VP, Chief Accounting Officer & Treasurer (Age 66, Pay $725k)
  • Mr. Paul Cullen, Exec. VP of Investor Relations
  • Mr. Jeffrey R. Sprain, Exec. VP, Gen. Counsel & Sec. (Age 49)
  • Mr. William Randolph Forth, Exec. VP & Chief Asset Management Officer of Multifamily
  • Mr. Jeffery D. Sherman, Pres of Multifamily
  • Mr. Boone DuPree, Pres of Office
  • Ms. Kimberly Barkwell Hodge, Exec. VP & Chief Property Management Officer of Multifamily

What is Preferred Apartment Communities' stock symbol?

Preferred Apartment Communities trades on the New York Stock Exchange (NYSE) under the ticker symbol "APTS."

Who are Preferred Apartment Communities' major shareholders?

Preferred Apartment Communities' stock is owned by many different institutional and retail investors. Top institutional shareholders include Kovack Advisors Inc. (0.18%), Clarus Wealth Advisors (0.07%) and Gilman Hill Asset Management LLC (0.06%). Company insiders that own Preferred Apartment Communities stock include Daniel M Dupree, Gary B Coursey, Jeffrey R Sprain, Joel T Murphy, John M Cannon, Sara Finley and Steve Bartkowski.
View institutional ownership trends for Preferred Apartment Communities
.

Which institutional investors are selling Preferred Apartment Communities stock?

APTS stock was sold by a variety of institutional investors in the last quarter, including Clarus Wealth Advisors, and Gilman Hill Asset Management LLC.
View insider buying and selling activity for Preferred Apartment Communities
or view top insider-selling stocks.

Which institutional investors are buying Preferred Apartment Communities stock?

APTS stock was bought by a variety of institutional investors in the last quarter, including Kovack Advisors Inc.. Company insiders that have bought Preferred Apartment Communities stock in the last two years include Daniel M Dupree, Jeffrey R Sprain, Joel T Murphy, John M Cannon, Sara Finley, and Steve Bartkowski.
View insider buying and selling activity for Preferred Apartment Communities
or or view top insider-buying stocks.

How do I buy shares of Preferred Apartment Communities?

Shares of APTS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Preferred Apartment Communities' stock price today?

One share of APTS stock can currently be purchased for approximately $7.56.

How big of a company is Preferred Apartment Communities?

Preferred Apartment Communities has a market capitalization of $377.25 million and generates $470.43 million in revenue each year. The real estate investment trust earns $-7,240,000.00 in net income (profit) each year or $1.37 on an earnings per share basis. Preferred Apartment Communities employs 502 workers across the globe.

What is Preferred Apartment Communities' official website?

The official website for Preferred Apartment Communities is www.pacapts.com.

How can I contact Preferred Apartment Communities?

Preferred Apartment Communities' mailing address is 3284 NORTHSIDE PARKWAY NW SUITE 150, ATLANTA GA, 30327. The real estate investment trust can be reached via phone at 770-818-4100 or via email at [email protected]

This page was last updated on 1/22/2021 by MarketBeat.com Staff

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