American Residential Properties, Inc. is an internally managed real estate investment company, which is organized as a real estate investment trust. The Company acquires, owns, renovates, and manages single-family homes as rental properties. American Residential Properties OP, L.P. acts as its operating partnership. American Residential Leasing Company, LLC is a wholly owned subsidiary of its operating partnership. The Company owns 8,893 properties in Arizona, California, Colorado, Florida, Georgia, Illinois, Indiana, Nevada, North Carolina, Ohio, South Carolina, Tennessee and Texas that were 81% leased, and it managed an additional 437 properties for ARP Phoenix Fund I, LP in Arizona and Nevada. In addition to its primary business, the Company has a private mortgage financing business.
Industry, Sector and Symbol:
- Market Cap: $511.83 million
- Outstanding Shares: 32,211,000
- 50 Day Moving Avg: $16.00
- 200 Day Moving Avg: $17.00
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 17.85
- P/E Growth: 0
- Net Margins: -38.70%
- Return on Equity: -9.17%
- Return on Assets: -3.64%
Frequently Asked Questions for American Residential Properties (NYSE:ARPI)
What is American Residential Properties' stock symbol?
American Residential Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "ARPI."
How were American Residential Properties' earnings last quarter?
American Residential Properties Inc (NYSE:ARPI) announced its quarterly earnings data on Wednesday, November, 4th. The company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.21 by $0.07. The business had revenue of $31.97 million for the quarter, compared to analyst estimates of $31.93 million. American Residential Properties had a negative net margin of 38.70% and a negative return on equity of 9.17%. The business's revenue for the quarter was up 36.1% on a year-over-year basis. View American Residential Properties' Earnings History.
Who are some of American Residential Properties' key competitors?
Some companies that are related to American Residential Properties include New Senior Investment Group (SNR), Altisource Residential Corporation (RESI), UMH Properties (UMH), Campus Crest Communities (CCG), NexPoint Residential Trust (NXRT), NexPoint Residential Trust (NXRT), Preferred Apartment Communities (APTS), Bluerock Residential Growth REIT (BRG), Bluerock Residential Growth REIT (BRG), Colony Capital (CLNY), Home Properties (HME), Independence Realty Trust (IRT), Post Properties (PPS) and Silver Bay Realty Trust Corp (SBY).
How do I buy American Residential Properties stock?
Shares of American Residential Properties 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 American Residential Properties' stock price today?
MarketBeat Community Rating for American Residential Properties (NYSE ARPI)MarketBeat's community ratings are surveys of what our community members think about American Residential Properties 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 American Residential Properties stock can currently be purchased for approximately $15.89.
Consensus Ratings for American Residential Properties (NYSE:ARPI) (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 American Residential Properties (NYSE:ARPI)
(Data available from 7/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|12/9/2015||Sterne Agee CRT||Downgrade||Buy -> Neutral||N/A|
|12/4/2015||FBR & Co||Upgrade||Outperform -> Marketperform||N/A|
|11/5/2015||Raymond James Financial, Inc.||Downgrade||Strong-Buy -> Market Perform||N/A|
|10/26/2015||Jefferies Group LLC||Lower Price Target||Hold||$21.00 -> $19.00||N/A|
Earnings History for American Residential Properties (NYSE:ARPI)Earnings History by Quarter for American Residential Properties (NYSE ARPI)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/4/2015||Q315||$0.21||$0.14||$31.93 million||$31.97 million||View||Listen|
|8/5/2015||Q215||$0.20||$0.16||$31.07 million||$32.10 million||View||Listen|
|5/6/2015||Q115||$0.13||$0.14||$27.52 million||$27.49 million||View||Listen|
|3/11/2015||Q414||$0.12||$0.09||$25.26 million||$25.17 million||View||Listen|
|8/13/2014||Q2||$0.10||$0.11||$20.20 million||$20.75 million||View||Listen|
|8/13/2013||Q213||$0.01||$0.08||$7.40 million||$8.40 million||View||Listen|
Earnings Estimates for American Residential Properties (NYSE:ARPI)
Current Year EPS Consensus Estimate: $0.63 EPS
Next Year EPS Consensus Estimate: $0.89 EPS
Current Dividend Information for American Residential Properties (NYSE:ARPI)
|Most Recent Dividend:||1/15/2016|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||0.00% (Based on This Year's Estimates)|
0.00% (Based on Next Year's Estimates)
Dividend History by Quarter for American Residential Properties (NYSE ARPI)
(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 American Residential Properties (NYSE:ARPI)Insider Trades by Quarter for American Residential Properties (NYSE:ARPI)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|6/3/2015||Laurie A Hawkes||COO||Sell||128,304||$18.71||$2,400,567.84|| |
|6/3/2015||Stephen G Schmitz||CEO||Sell||150,000||$18.72||$2,808,000.00|| |
|6/2/2015||Laurie A Hawkes||COO||Sell||400||$18.75||$7,500.00|| |
|6/1/2015||Laurie A Hawkes||COO||Sell||21,296||$18.80||$400,364.80|| |
|5/15/2014||Douglas Benham||Director||Buy||3,500||$17.46||$61,110.00|| |
|6/27/2013||Douglas N Benham||Director||Buy||5,000||$17.71||$88,550.00|| |
|5/9/2013||David M Brain||Director||Buy||10,000||$21.00||$210,000.00|| |
|5/9/2013||Shant Koumriqian||CFO||Buy||1,000||$21.00||$21,000.00|| |
Headline Trends for American Residential Properties (NYSE:ARPI)
Latest Headlines for American Residential Properties (NYSE:ARPI)
American Residential Properties (ARPI) Chart for Friday, July, 21, 2017