About American Residential Properties (NYSE:ARPI)
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:
- Annual Dividend: $0.40
- Dividend Yield: 2.5%
- Trailing EPS: ($1.40)
- Net Margins: -38.70%
- Return on Equity: -9.17%
- Return on Assets: -3.64%
- Outstanding Shares: 32,220,000
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) posted its quarterly earnings results on Wednesday, November, 4th. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by $0.07. The real estate investment trust earned $31.97 million during the quarter, compared to the consensus estimate of $31.93 million. American Residential Properties had a negative net margin of 38.70% and a negative return on equity of 9.17%. American Residential Properties's quarterly revenue was up 36.1% compared to the same quarter last year. 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 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), Sun Communities (SUI), Apartment Investment and Management Company (AIV), American Homes 4 Rent (AMH), American Campus Communities (ACC), Colony Starwood Homes (SFR), Home Properties (HME), Post Properties (PPS), Two Harbors Investments Corp (TWO), Education Realty Trust (EDR), Monogram Residential Trust (MORE) and The Unite Group plc (UTG).
How do I buy American Residential Properties stock?
Shares of American Residential Properties 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, Scottrade, Fidelity and Charles Schwab.
What is American Residential Properties' stock price today?
One share of American Residential Properties stock can currently be purchased for approximately $15.89.
How can I contact American Residential Properties?
American Residential Properties' mailing address is 7047 E Greenway Pkwy Ste 350, SCOTTSDALE, AZ 85254-8117, United States. The real estate investment trust can be reached via phone at +1-480-4744800.
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.
Analysts' Consensus Rating for American Residential Properties (NYSE:ARPI) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks 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). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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: ||0 Sell Ratings, 0 Hold Ratings, 0 Buy Ratings, 0 Strong Buy RatingsNo ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Analysts' Consensus Price Target: ||N/A|
Consensus Price Target History for American Residential Properties (NYSE:ARPI)
Analysts' Ratings History for American Residential Properties (NYSE:ARPI)
(Data available from 11/21/2015 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|
Earnings History and Estimates Chart 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)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for American Residential Properties (NYSE:ARPI)
|Most Recent Dividend:||1/15/2016|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||-28.57% (Trailing 12 Months of Earnings) |
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|| |
Latest Headlines for American Residential Properties (NYSE ARPI)
American Residential Properties (NYSE ARPI) Chart for Tuesday, November, 21, 2017