NYSE:APTS

Preferred Apartment Communities Stock Forecast, Price & News

$10.13
-0.30 (-2.88 %)
(As of 06/18/2021 01:44 PM ET)
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Today's Range
$10.10
$10.29
50-Day Range
$9.22
$11.13
52-Week Range
$5.01
$11.17
Volume3,605 shs
Average Volume428,874 shs
Market Capitalization$507.46 million
P/E RatioN/A
Dividend Yield6.65%
Beta1.13
30 days | 90 days | 365 days | Advanced Chart
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Preferred Apartment Communities logo

About Preferred Apartment Communities

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.

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MarketRank

Overall MarketRank

1.87 out of 5 stars

Finance Sector

307th out of 1,974 stocks

Real Estate Investment Trusts Industry

73rd out of 275 stocks

Analyst Opinion: 1.3Community Rank: 2.7Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
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Preferred Apartment Communities (NYSE:APTS) Frequently Asked Questions

Is Preferred Apartment Communities a buy right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Preferred Apartment Communities in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Preferred Apartment Communities stock.
View analyst ratings for Preferred Apartment Communities
or view top-rated stocks.

What stocks does MarketBeat like better than Preferred Apartment Communities?

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

When is Preferred Apartment Communities' next earnings date?

Preferred Apartment Communities is scheduled to release its next quarterly earnings announcement on Monday, August 9th 2021.
View our earnings forecast for Preferred Apartment Communities
.

How were Preferred Apartment Communities' earnings last quarter?

Preferred Apartment Communities, Inc. (NYSE:APTS) issued its earnings results on Sunday, May, 9th. The real estate investment trust reported ($0.73) EPS for the quarter, missing the consensus estimate of $0.24 by $0.97. Preferred Apartment Communities had a negative net margin of 0.83% and a negative trailing twelve-month return on equity of 0.26%.
View Preferred Apartment Communities' earnings history
.

How has Preferred Apartment Communities' stock price been impacted by COVID-19?

Preferred Apartment Communities' stock was trading at $9.01 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, APTS shares have increased by 13.0% and is now trading at $10.18.
View which stocks have been most impacted by COVID-19
.

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

Preferred Apartment Communities announced a quarterly dividend on Wednesday, May 12th. Investors of record on Tuesday, June 15th will be given a dividend of $0.175 per share on Thursday, July 15th. This represents a $0.70 annualized dividend and a yield of 6.88%. The ex-dividend date is Monday, June 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 6.65%. 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 strong track record of dividend growth. The dividend payout ratio of Preferred Apartment Communities is 65.42%. 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 80.46% 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 guidance has Preferred Apartment Communities issued on next quarter's earnings?

Preferred Apartment Communities issued an update on its FY 2021 earnings guidance on Tuesday, June, 8th. The company provided EPS guidance of $0.730-0.830 for the period. The company issued revenue guidance of -.

What price target have analysts set for APTS?

2 Wall Street analysts have issued 1-year price objectives for Preferred Apartment Communities' stock. Their forecasts range from $11.00 to $11.00. On average, they expect Preferred Apartment Communities' stock price to reach $11.00 in the next twelve months. This suggests a possible upside of 8.1% from the stock's current price.
View analysts' price targets for Preferred Apartment Communities
or view top-rated stocks among Wall Street analysts.

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 $284.5k)
  • Mr. Joel T. Murphy J.D., Pres, CEO & Director (Age 62, Pay $1.54M)
  • Mr. John A. Isakson, Chief Financial Officer (Age 50, Pay $913.02k)
  • Mr. Michael Joseph Cronin, Exec. VP, Chief Accounting Officer & Treasurer (Age 66, Pay $606.64k)
  • Mr. Jeffery D. Sherman, Pres of Multifamily (Age 41, Pay $655.17k)
  • Mr. Parker Boone DuPree, Pres of Office (Age 33, Pay $577.51k)
  • 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
  • Ms. Kimberly Barkwell Hodge, Exec. VP & Chief Property Management Officer of Multifamily

What is Joel Murphy's approval rating as Preferred Apartment Communities' CEO?

1 employees have rated Preferred Apartment Communities CEO Joel Murphy on Glassdoor.com. Joel Murphy has an approval rating of 100% among Preferred Apartment Communities' employees. This puts Joel Murphy in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

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).

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 a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.57%), LSV Asset Management (3.40%), Goldman Sachs Group Inc. (2.59%), Geode Capital Management LLC (1.96%), UBS Group AG (1.04%) and Dimensional Fund Advisors LP (1.02%). 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 major investors are selling Preferred Apartment Communities stock?

APTS stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Concorde Asset Management LLC, Millennium Management LLC, Goldman Sachs Group Inc., Northern Trust Corp, Claraphi Advisory Network LLC, Morgan Stanley, and IndexIQ Advisors LLC.
View insider buying and selling activity for Preferred Apartment Communities
or view top insider-selling stocks.

Which major investors are buying Preferred Apartment Communities stock?

APTS stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Geode Capital Management LLC, Prudential Financial Inc., Dimensional Fund Advisors LP, Amundi Asset Management US Inc., Gilman Hill Asset Management LLC, Nisa Investment Advisors LLC, and Neuberger Berman Group LLC. 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.
Compare Top Brokerages Here.

What is Preferred Apartment Communities' stock price today?

One share of APTS stock can currently be purchased for approximately $10.18.

How much money does Preferred Apartment Communities make?

Preferred Apartment Communities has a market capitalization of $509.97 million and generates $502.20 million in revenue each year. The real estate investment trust earns $-177,790,000.00 in net income (profit) each year or $1.07 on an earnings per share basis.

How many employees does Preferred Apartment Communities have?

Preferred Apartment Communities employs 402 workers across the globe.

What is Preferred Apartment Communities' official website?

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

Where are Preferred Apartment Communities' headquarters?

Preferred Apartment Communities is headquartered at 3284 NORTHSIDE PARKWAY NW SUITE 150, ATLANTA GA, 30327.

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 6/18/2021 by MarketBeat.com Staff
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