NYSE:APTS - Preferred Apartment Communities Stock Price, Forecast & News

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

Preferred Apartment Communities declared a quarterly dividend on Thursday, November 7th. Stockholders of record on Friday, December 13th will be given a dividend of $0.262 per share on Wednesday, January 15th. This represents a $1.05 annualized dividend and a dividend yield of 7.82%. The ex-dividend date is Thursday, December 12th. View Preferred Apartment Communities' Dividend History.

Preferred Apartment Communities Inc. (NYSE:APTS) announced its earnings results on Monday, November, 4th. The real estate investment trust reported ($0.71) EPS for the quarter, missing the consensus estimate of $0.35 by $1.06. The real estate investment trust had revenue of $120.20 million for the quarter, compared to analyst estimates of $117.91 million. Preferred Apartment Communities had a net margin of 4.57% and a return on equity of 1.19%. The company's quarterly revenue was up 15.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.28 earnings per share. View Preferred Apartment Communities' Earnings History.

Preferred Apartment Communities is scheduled to release their next quarterly earnings announcement on Monday, February 24th 2020. View Earnings Estimates for Preferred Apartment Communities.

4 analysts have issued 12-month price targets for Preferred Apartment Communities' shares. Their forecasts range from $18.00 to $19.00. On average, they expect Preferred Apartment Communities' share price to reach $18.50 in the next year. This suggests a possible upside of 38.1% from the stock's current price. View Analyst Price Targets for Preferred Apartment Communities.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Preferred Apartment Communities in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Preferred Apartment Communities.

Media headlines about APTS stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Preferred Apartment Communities earned a news impact score of 1.8 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Preferred Apartment Communities.

Some companies that are related to Preferred Apartment Communities include Essential Properties Realty Trust (EPRT), PennyMac Mortgage Investment Trust (PMT), Colony Capital (CLNY), Great Portland Estates (GPEAF), Hannon Armstrong Sustnbl Infrstr Cap (HASI), Acadia Realty Trust (AKR), Ladder Capital (LADR), Mack Cali Realty (CLI), DiamondRock Hospitality (DRH), Caretrust REIT (CTRE), NY MTG TR INC/SH (NYMT), National Storage Affiliates Trust (NSA), Retail Opportunity Investments (ROIC), Four Corners Property Trust (FCPT) and Taubman Centers (TCO).

Based on aggregate information from My MarketBeat watchlists, some companies that other Preferred Apartment Communities investors own include AT&T (T), Altria Group (MO), Realty Income (O), Exxon Mobil (XOM), The Coca-Cola (KO), Enterprise Products Partners (EPD), Philip Morris International (PM), Bank of America (BAC), Stag Industrial (STAG) and Ford Motor (F).

Preferred Apartment Communities' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Atlantic Union Bankshares Corp (0.37%), Bowling Portfolio Management LLC (0.11%), AE Wealth Management LLC (0.10%), State of Alaska Department of Revenue (0.03%), Wedbush Securities Inc. (0.03%) and Nisa Investment Advisors LLC (0.02%). Company insiders that own Preferred Apartment Communities stock include Daniel M Dupree, Gary B Coursey, Michael Joseph Cronin, Steve Bartkowski, Timothy Alan Peterson and William J Gresham Jr. View Institutional Ownership Trends for Preferred Apartment Communities.

APTS stock was sold by a variety of institutional investors in the last quarter, including Bowling Portfolio Management LLC, Nisa Investment Advisors LLC, Atlantic Union Bankshares Corp and Wedbush Securities Inc.. View Insider Buying and Selling for Preferred Apartment Communities.

APTS stock was purchased by a variety of institutional investors in the last quarter, including AE Wealth Management LLC, State of Alaska Department of Revenue and Lucia Wealth Services LLC. Company insiders that have bought Preferred Apartment Communities stock in the last two years include Daniel M Dupree and Steve Bartkowski. View Insider Buying and Selling for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of APTS stock can currently be purchased for approximately $13.40.

Preferred Apartment Communities has a market capitalization of $613.68 million and generates $397.27 million in revenue each year. The real estate investment trust earns $43.47 million in net income (profit) each year or $1.41 on an earnings per share basis. View Additional Information About Preferred Apartment Communities.

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

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]