Monogram Residential Trust Company Profile (NYSE:MORE)

About Monogram Residential Trust (NYSE:MORE)

Monogram Residential Trust logoMonogram Residential Trust, Inc. is a self-managed real estate investment trust (REIT). The Company invests in, develops and operates multifamily communities offering location and lifestyle amenities. The Company also invests in stabilized operating communities and communities in various phases of development, with a focus on communities in select markets across the United States. These include luxury high-rise, mid-rise and garden style multifamily communities. As of December 31, 2016, Monogram's portfolio includes investments in 51 multifamily communities in 10 states comprising 14,473 residential units. As of September 30, 2016, the Company held ownership interests in equity investments, including 47 operating multifamily communities (including one development in lease up) containing 13,022 residential units in 10 states, all of which are consolidated for financial reporting purposes.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Residential REITs
  • Sub-Industry: N/A
  • Symbol: NYSE:MORE
  • CUSIP: N/A
  • Web: www.monogramres.com
Capitalization:
  • Market Cap: $1.99603 billion
  • Outstanding Shares: 167,032,000
Average Prices:
  • 50 Day Moving Avg: $10.55
  • 200 Day Moving Avg: $10.23
  • 52 Week Range: $9.55 - $12.00
P/E:
  • Trailing P/E Ratio: 21.32
  • Foreward P/E Ratio: 27.14
  • P/E Growth: 6.46
Sales & Book Value:
  • Annual Revenue: $288.53 million
  • Price / Sales: 6.91
  • Book Value: $7.15 per share
  • Price / Book: 1.67
Dividend:
  • Annual Dividend: $0.30
  • Dividend Yield: 2.5%
Profitability:
  • EBIDTA: $138.81 million
  • Net Margins: 32.49%
  • Return on Equity: 6.01%
  • Return on Assets: 2.93%
Debt:
  • Debt-to-Equity Ratio: 0.91%
  • Current Ratio: 2.31%
  • Quick Ratio: 2.31%
Misc:
  • Average Volume: 2.46 million shs.
  • Beta: 0.71
  • Short Ratio: 4.6
 
Frequently Asked Questions for Monogram Residential Trust (NYSE:MORE)

What is Monogram Residential Trust's stock symbol?

Monogram Residential Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "MORE."

How often does Monogram Residential Trust pay dividends? What is the dividend yield for Monogram Residential Trust?

Monogram Residential Trust announced a quarterly dividend on Thursday, June 1st. Shareholders of record on Friday, June 30th will be paid a dividend of $0.075 per share on Friday, July 7th. This represents a $0.30 annualized dividend and a yield of 2.51%. The ex-dividend date is Wednesday, June 28th. View Monogram Residential Trust's Dividend History.

How were Monogram Residential Trust's earnings last quarter?

Monogram Residential Trust, Inc. (NYSE:MORE) posted its quarterly earnings results on Tuesday, May, 9th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.10 by $0.01. The company had revenue of $73.34 million for the quarter, compared to the consensus estimate of $50.96 million. Monogram Residential Trust had a return on equity of 6.01% and a net margin of 32.49%. View Monogram Residential Trust's Earnings History.

What guidance has Monogram Residential Trust issued on next quarter's earnings?

Monogram Residential Trust issued an update on its FY17 earnings guidance on Tuesday, May, 9th. The company provided EPS guidance of $0.39-0.44 for the period, compared to the Thomson Reuters consensus estimate of $0.41.

Where is Monogram Residential Trust's stock going? Where will Monogram Residential Trust's stock price be in 2017?

7 equities research analysts have issued 12 month price objectives for Monogram Residential Trust's shares. Their predictions range from $11.00 to $12.25. On average, they expect Monogram Residential Trust's stock price to reach $11.71 in the next year. View Analyst Ratings for Monogram Residential Trust.

Who are some of Monogram Residential Trust's key competitors?

Who are Monogram Residential Trust's key executives?

Monogram Residential Trust's management team includes the folowing people:

  • E. Alan Patton, Independent Chairman of the Board
  • Mark T. Alfieri, President, Chief Executive Officer, Chief Operating Officer, Director
  • Daniel E. Swanstrom II, Executive Vice President, Chief Financial Officer
  • Margaret M. Daly, Executive Vice President — Property Management
  • Howard S. Garfield CPA, Senior Vice President - Planning, Chief Accounting Officer, Treasurer, Assistant Secretary
  • James J. McGinley III, Senior Vice President, Chief Development Officer
  • Ross P. Odland, Senior Vice President - Portfolio Management
  • David D. Fitch, Independent Director
  • Tammy K. Jones, Independent Director
  • Jonathan L. Kempner, Independent Director

Who owns Monogram Residential Trust stock?

Monogram Residential Trust's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Russell Investments Group Ltd. (0.35%), Strs Ohio (0.16%), State of Alaska Department of Revenue (0.05%), Fisher Asset Management LLC (0.04%), Forsta AP Fonden (0.04%) and Pensionfund DSM Netherlands (0.02%). Company insiders that own Monogram Residential Trust stock include David Fitch, Jonathan L Kempner, Mark T Alfieri, Tammy Jones and Timothy Pire. View Institutional Ownership Trends for Monogram Residential Trust.

Who sold Monogram Residential Trust stock? Who is selling Monogram Residential Trust stock?

Monogram Residential Trust's stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio, Orinda Asset Management LLC and State of Alaska Department of Revenue. View Insider Buying and Selling for Monogram Residential Trust.

Who bought Monogram Residential Trust stock? Who is buying Monogram Residential Trust stock?

Monogram Residential Trust's stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Forsta AP Fonden, Bank of Montreal Can and US Bancorp DE. Company insiders that have bought Monogram Residential Trust stock in the last two years include David Fitch, Jonathan L Kempner, Mark T Alfieri, Tammy Jones and Timothy Pire. View Insider Buying and Selling for Monogram Residential Trust.

How do I buy Monogram Residential Trust stock?

Shares of Monogram Residential Trust 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 Monogram Residential Trust's stock price today?

One share of Monogram Residential Trust stock can currently be purchased for approximately $11.94.


MarketBeat Community Rating for Monogram Residential Trust (NYSE MORE)
Community Ranking:  1.6 out of 5 ()
Outperform Votes:  58 (Vote Outperform)
Underperform Votes:  123 (Vote Underperform)
Total Votes:  181
MarketBeat's community ratings are surveys of what our community members think about Monogram Residential Trust 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.

Analyst Ratings

Consensus Ratings for Monogram Residential Trust (NYSE:MORE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 6 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.14)
Consensus Price Target: $11.71 (1.94% downside)

Analysts' Ratings History for Monogram Residential Trust (NYSE:MORE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/25/2017Robert W. BairdDowngradeOutperform -> Neutral$11.00 -> $12.00LowView Rating Details
7/13/2017Janney Montgomery ScottDowngradeBuy -> NeutralLowView Rating Details
7/10/2017JMP SecuritiesDowngradeOutperform -> Market PerformLowView Rating Details
7/6/2017Mitsubishi UFJ Financial GroupReiterated RatingOverweight -> Neutral$12.00LowView Rating Details
7/5/2017Canaccord GenuitySet Price TargetHold$11.00HighView Rating Details
7/4/2017BMO Capital MarketsReiterated RatingBuyHighView Rating Details
11/4/2016BTIG ResearchDowngradeBuy -> NeutralN/AView Rating Details
5/11/2016Morgan StanleyDowngradeOverweight -> Equal Weight$12.00 -> $11.00N/AView Rating Details
3/16/2016Cowen and CompanyInitiated CoverageOutperform$13.00N/AView Rating Details
1/15/2016DA DavidsonReiterated RatingNeutral$12.00 -> $10.00N/AView Rating Details
(Data available from 7/26/2015 forward)

Earnings

Earnings History for Monogram Residential Trust (NYSE:MORE)
Earnings by Quarter for Monogram Residential Trust (NYSE:MORE)
Earnings History by Quarter for Monogram Residential Trust (NYSE MORE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/9/2017Q1 2017$0.10$0.09$50.96 million$73.34 millionViewListenView Earnings Details
2/25/2016Q415$0.09$0.08$59.67 million$63.10 millionViewListenView Earnings Details
11/4/2015Q315$0.10$0.09$53.10 million$59.20 millionViewN/AView Earnings Details
5/13/2015Q1 2015$0.09$0.09$56.64 millionViewN/AView Earnings Details
3/25/2015Q414$0.10$0.09$54.71 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Monogram Residential Trust (NYSE:MORE)
Current Year EPS Consensus Estimate: $0.39 EPS
Next Year EPS Consensus Estimate: $0.44 EPS

Dividends

Current Dividend Information for Monogram Residential Trust (NYSE:MORE)
Most Recent Dividend:7/7/2017
Annual Dividend:$0.30
Dividend Yield:2.51%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:54.55% (Trailing 12 Months of Earnings)
76.92% (Based on This Year's Estimates)
68.18% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Monogram Residential Trust (NYSE:MORE)

Dividend History by Quarter for Monogram Residential Trust (NYSE MORE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
6/1/2017quarterly$0.083.11%6/28/20176/30/20177/7/2017
3/13/2017quarterly$0.083%3/29/20173/31/20174/7/2017
12/1/2016quarterly$0.082.91%12/28/201612/30/20161/10/2017
8/19/2016quarterly$0.082.87%9/28/20169/30/201610/7/2016
5/27/2016quarterly$0.082.98%6/28/20166/30/20167/8/2016
3/4/2016quarterly$0.083.02%3/29/20163/31/20164/7/2016
11/13/2015quarterly$0.083.04%12/24/201512/29/20151/5/2016
8/13/2015quarterly$0.083.16%9/28/20159/30/201510/7/2015
5/11/2015quarterly$0.083.15%6/26/20156/30/20157/7/2015
2/19/2015quarterly$0.083.33%3/27/20153/31/20154/8/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Monogram Residential Trust (NYSE:MORE)
Insider Ownership Percentage: 0.37%
Institutional Ownership Percentage: 74.58%
Insider Trades by Quarter for Monogram Residential Trust (NYSE:MORE)
Institutional Ownership by Quarter for Monogram Residential Trust (NYSE:MORE)
Insider Trades by Quarter for Monogram Residential Trust (NYSE:MORE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/19/2016Timothy PireDirectorBuy1,000$9.75$9,750.00View SEC Filing  
5/18/2016Tammy JonesDirectorBuy7,470$10.04$74,998.80View SEC Filing  
5/16/2016David FitchDirectorBuy5,000$10.14$50,700.00View SEC Filing  
5/10/2016Jonathan L KempnerDirectorBuy10,000$10.48$104,800.00View SEC Filing  
5/10/2016Mark T AlfieriCEOBuy3,000$10.43$31,290.00View SEC Filing  
8/27/2015Jonathan L KempnerDirectorBuy10,000$9.27$92,700.00View SEC Filing  
8/27/2015Mark T AlfieriCEOBuy2,000$9.20$18,400.00View SEC Filing  
6/23/2015Mark T AlfieriCEOBuy2,000$9.18$18,360.00View SEC Filing  
6/15/2015James J Mcginley IIIVPBuy2,500$9.60$24,000.00View SEC Filing  
6/9/2015E Alan PattonDirectorBuy10,000$9.50$95,000.00View SEC Filing  
6/1/2015David FitchDirectorBuy4,700$9.50$44,650.00View SEC Filing  
5/27/2015Robert T PoynterVPBuy2,000$9.51$19,020.00View SEC Filing  
5/21/2015Mark T AlfieriCEOBuy4,000$9.50$38,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Monogram Residential Trust (NYSE:MORE)
Latest Headlines for Monogram Residential Trust (NYSE:MORE)
Source:
DateHeadline
finance.yahoo.com logoLifshitz & Miller LLP Announces Investigation of Blue Apron Holdings, Inc., iRobot Corporation, Monogram Residential Trust, Inc., Quadrant 4 System Corporation, Red Rock Resorts, Inc., West Marine, Inc. and ZTO Express (Cayman) Inc.
finance.yahoo.com - July 24 at 2:10 PM
americanbankingnews.com logoMonogram Residential Trust, Inc. (NYSE:MORE) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - July 21 at 6:51 PM
finance.yahoo.com logoSHAREHOLDER ALERT - Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Monogram Residential Trust, Inc. (MORE)
finance.yahoo.com - July 20 at 1:21 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Monogram Residential Trust, Inc. (MORE)
finance.yahoo.com - July 12 at 4:13 AM
finance.yahoo.com logoINVESTOR ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Monogram Residential Trust, Inc. and Encourages Shareholders to Contact the Firm for Additional Information
finance.yahoo.com - July 12 at 4:13 AM
finance.yahoo.com logoSHAREHOLDER ALERT: WeissLaw LLP Investigates the Acquisition of Monogram Residential Trust, Inc.
finance.yahoo.com - July 12 at 4:13 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Brodsky & Smith, LLC Announces an Investigation of Monogram Residential Trust, Inc - MORE
finance.yahoo.com - July 12 at 4:13 AM
finance.yahoo.com logoHarwood Feffer LLP Announces Investigation of Monogram Residential Trust, Inc.
finance.yahoo.com - July 11 at 2:14 AM
americanbankingnews.com logoMonogram Residential Trust, Inc. (NYSE:MORE) Given a $11.00 Price Target at Canaccord Genuity
www.americanbankingnews.com - July 9 at 6:02 PM
finance.yahoo.com logoMONOGRAM RESIDENTIAL TRUST, INC. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe Believes the Acquisition by Greystar Growth and Income Fund, LP May Be Unfair to Shareholders
finance.yahoo.com - July 8 at 12:44 PM
finance.yahoo.com logoMonogram Residential Trust, Inc. breached its 50 day moving average in a Bullish Manner : MORE-US : July 6, 2017
finance.yahoo.com - July 7 at 7:31 AM
finance.yahoo.com logoMonogram Residential Trust, Inc.: Leading performance but fundamentals not looking strong?
finance.yahoo.com - July 7 at 7:31 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Monogram Residential Trust, Inc. (MORE)
finance.yahoo.com - July 7 at 7:31 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Monogram Residential Trust, Inc. and Encourages Investors to Contact the Firm for Additional Information
finance.yahoo.com - July 7 at 7:31 AM
finance.yahoo.com logoMONOGRAM RESIDENTIAL INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Monogram Residential Trust, Inc.
finance.yahoo.com - July 7 at 7:31 AM
americanbankingnews.com logoMonogram Residential Trust, Inc. (NYSE:MORE) Rating Reiterated by Mitsubishi UFJ Financial Group
www.americanbankingnews.com - July 6 at 9:02 AM
finance.yahoo.com logoMonogram To Be Acquired For $12.00 Per Share In Cash By Greystar Led Fund
finance.yahoo.com - July 6 at 1:49 AM
finance.yahoo.com logoMonogram's stock soars after buyout deal at 22% premium
finance.yahoo.com - July 6 at 1:49 AM
finance.yahoo.com logoUS STOCKS-Wall St set to open higher ahead of Fed minutes
finance.yahoo.com - July 6 at 1:49 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Concerning Whether the Sale of Monogram Residential Trust, Inc. to Greystar Growth and Income Fund, LP for $12.00 Per Share is Fair to Shareholders
finance.yahoo.com - July 6 at 1:49 AM
businesswire.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Concerning Whether the Sale of Monogram Residential Trust, Inc. to Greystar Growth and Income ...
www.businesswire.com - July 5 at 8:48 PM
rttnews.com logoMonogram Residential Trust (MORE) Has Jumped To A New High After Merger
www.rttnews.com - July 5 at 3:44 PM
businesswire.com logoMONOGRAM RESIDENTIAL TRUST, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
www.businesswire.com - July 5 at 3:44 PM
finance.yahoo.com logo[$$] Monogram Residential to Be Acquired by Greystar-Led Group
finance.yahoo.com - July 5 at 3:43 PM
americanbankingnews.com logoBMO Capital Markets Reiterates Buy Rating for Monogram Residential Trust, Inc. (NYSE:MORE)
www.americanbankingnews.com - July 4 at 8:43 AM
finance.yahoo.com logo[$$] Group Led by Greystar Nearing Deal to Buy Monogram
finance.yahoo.com - July 3 at 9:24 PM
americanbankingnews.com logoAssociated Estates Realty (AEC) versus Monogram Residential Trust (MORE) Critical Analysis
www.americanbankingnews.com - June 30 at 8:19 AM
nasdaq.com logoMonogram Residential Trust, Inc. (MORE) Ex-Dividend Date Scheduled for June 28 ...
www.nasdaq.com - June 27 at 6:45 PM
americanbankingnews.com logoMonogram Residential Trust Inc (MORE) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - June 26 at 6:48 PM
americanbankingnews.com logoHatteras Financial Corp. (HTS) and Monogram Residential Trust (MORE) Head-To-Head Comparison
www.americanbankingnews.com - June 17 at 8:02 AM
americanbankingnews.com logoMonogram Residential Trust, Inc. (MORE) Upgraded at BidaskClub
www.americanbankingnews.com - June 13 at 10:26 PM
finance.yahoo.com logoMonogram Residential Trust, Inc. breached its 50 day moving average in a Bullish Manner : MORE-US : June 13, 2017
finance.yahoo.com - June 13 at 6:46 PM
americanbankingnews.com logoMonogram Residential Trust Inc (MORE) Declares Quarterly Dividend of $0.08
www.americanbankingnews.com - June 1 at 5:56 PM
streetinsider.com logoMonogram Residential Trust (MORE) Declares $0.075 Quarterly Dividend; 3.1% Yield
www.streetinsider.com - June 1 at 9:21 AM
finance.yahoo.com logoMonogram Residential Trust, Inc. Declares Second Quarter 2017 Dividend
finance.yahoo.com - May 31 at 6:58 PM
americanbankingnews.com logoMonogram Residential Trust Inc (MORE) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - May 30 at 5:05 PM
americanbankingnews.com logoMonogram Residential Trust Inc (MORE) Downgraded by Zacks Investment Research
www.americanbankingnews.com - May 14 at 9:36 AM
americanbankingnews.com logoMonogram Residential Trust Inc (MORE) Given a $11.00 Price Target at Canaccord Genuity
www.americanbankingnews.com - May 13 at 5:50 PM
americanbankingnews.com logoMonogram Residential Trust Inc (MORE) Releases Earnings Results, Misses Estimates By $0.01 EPS
www.americanbankingnews.com - May 10 at 4:16 PM
News IconBRIEF-Monogram Residential Trust announces Q1 revenue $73.3 million
www.businessinsider.com - May 10 at 12:17 PM
finance.yahoo.com logoEdited Transcript of MORE earnings conference call or presentation 9-May-17 9:00pm GMT
finance.yahoo.com - May 10 at 12:17 PM
americanbankingnews.com logoMonogram Residential Trust Inc (MORE) Issues FY17 Earnings Guidance
www.americanbankingnews.com - May 9 at 9:22 PM
marketbeat.com logoMonogram Residential Trust reports 1Q results
marketbeat.com - May 9 at 7:04 PM
finance.yahoo.com logoMonogram Residential Trust Announces First Quarter 2017 Results
finance.yahoo.com - May 9 at 6:18 PM
americanbankingnews.com logoMonogram Residential Trust Inc (MORE) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - May 5 at 10:52 AM
finance.yahoo.com logoMonogram Residential Trust, Inc. breached its 50 day moving average in a Bearish Manner : MORE-US : May 4, 2017
finance.yahoo.com - May 4 at 11:36 AM
americanbankingnews.com logoMonogram Residential Trust (MORE) Receiving Positive News Coverage, Analysis Shows
www.americanbankingnews.com - May 3 at 6:46 PM
americanbankingnews.com logoMonogram Residential Trust (MORE) Earning Favorable News Coverage, Analysis Finds
www.americanbankingnews.com - April 30 at 9:38 AM
americanbankingnews.com logoMonogram Residential Trust (MORE) Getting Favorable Press Coverage, Study Finds
www.americanbankingnews.com - April 28 at 12:24 AM
americanbankingnews.com logoMonogram Residential Trust (MORE) Earns Daily Media Impact Rating of 0.23
www.americanbankingnews.com - April 24 at 8:40 PM

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Monogram Residential Trust (MORE) Chart for Wednesday, July, 26, 2017

This page was last updated on 7/26/2017 by MarketBeat.com Staff