Post Properties Company Profile (NYSE:PPS)

About Post Properties

Post Properties logoPost Properties, Inc. is a self-administrated and self-managed equity real estate investment trust (REIT). The Company's segments include Fully stabilized (same store) communities, which includes apartment communities that have been stabilized for both the current and prior year; Newly stabilized communities, which includes communities that reached stabilized occupancy in the prior year; Lease-up communities, which includes communities that are under development, rehabilitation and in lease-up but were not stabilized by the beginning of the current year, including communities that stabilized during the current year; Acquired communities, which include communities acquired in the current or prior year, and Held for sale and sold communities, which include apartment and mixed-use communities classified as held for sale or sold. Its operating divisions include Post Apartment Management, Post Construction and Property Services, Post Investment Group and Post Corporate Services.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Residential
  • Sub-Industry: Residential REITs
  • Exchange: NYSE
  • Symbol: PPS
  • CUSIP: 73746410
Key Metrics:
  • Previous Close: $65.84
  • 50 Day Moving Average: $63.65
  • 200 Day Moving Average: $59.87
  • Trailing P/E Ratio: 44.79
  • Foreward P/E Ratio: 19.48
  • P/E Growth: 3.79
  • Market Cap: $3.52B
  • Outstanding Shares: 53,498,000
  • Beta: 0.55
Additional Links:
Companies Related to Post Properties:

Analyst Ratings

Consensus Ratings for Post Properties (NYSE:PPS) (?)
Ratings Breakdown: 1 Sell Rating, 9 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.08)
Consensus Price Target: $63.44 (3.64% downside)

Analysts' Ratings History for Post Properties (NYSE:PPS)
Show:
DateFirmActionRatingPrice TargetDetails
8/24/2016Barclays PLCBoost Price TargetNeutral -> Equal Weight$64.00 -> $65.00View Rating Details
8/16/2016Deutsche Bank AGBoost Price TargetHold$61.00 -> $65.00View Rating Details
8/5/2016Citigroup Inc.Boost Price TargetNeutral$62.00 -> $63.00View Rating Details
8/1/2016Cantor FitzgeraldReiterated RatingHoldView Rating Details
6/22/2016Zelman & AssociatesDowngradeHold -> SellView Rating Details
3/21/2016MizuhoBoost Price Target$64.00View Rating Details
3/2/2016JPMorgan Chase & Co.Boost Price TargetNeutral$63.00 -> $64.00View Rating Details
2/24/2016SunTrust Banks Inc.Lower Price TargetBuy$63.00 -> $62.00View Rating Details
2/9/2016National SecuritiesReiterated RatingNeutral$58.00View Rating Details
1/7/2016Raymond James Financial Inc.DowngradeOutperform -> Market PerformView Rating Details
11/10/2015BB&T Corp.Initiated CoverageBuy -> Buy$68.50View Rating Details
9/15/2015JMP SecuritiesInitiated CoverageMarket PerformView Rating Details
5/13/2015Robert W. BairdBoost Price TargetNeutral$57.00 -> $58.00View Rating Details
4/9/2015Janney Montgomery ScottInitiated CoverageNeutral -> NeutralView Rating Details
2/6/2015Stifel NicolausDowngradeBuy -> HoldView Rating Details
(Data available from 8/29/2014 forward)

Earnings

Earnings History for Post Properties (NYSE:PPS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/31/2016        
8/1/2016Q216$0.79$0.82$99.30 million$99.70 millionViewListenView Earnings Details
5/2/2016Q116$0.77$0.78$97.36 million$98.50 millionViewListenView Earnings Details
2/4/2016Q415$0.77$0.78$96.87 million$97.40 millionViewListenView Earnings Details
11/2/2015Q315$0.75$0.76$96.25 million$97.80 millionViewListenView Earnings Details
8/3/2015Q215$0.72$0.74$94.80 million$95.43 millionViewListenView Earnings Details
5/4/2015Q115$0.70$0.70$92.95 million$93.40 millionViewListenView Earnings Details
2/5/2015Q414$0.69$0.73$92.00 million$92.81 millionViewListenView Earnings Details
10/30/2014Q314$0.45$0.47$92.50 million$96.46 millionViewListenView Earnings Details
7/31/2014Q214$0.63$0.58$93.35 millionViewListenView Earnings Details
4/28/2014Q114$0.30$0.64$92.49 million$93.50 millionViewListenView Earnings Details
2/4/2014Q413$0.66$0.67$91.45 million$93.71 millionViewListenView Earnings Details
10/29/2013Q313$0.70$0.73$92.55 million$93.40 millionViewListenView Earnings Details
7/30/2013Q213$0.73$0.87$89.80 million$90.50 millionViewListenView Earnings Details
4/30/2013Q113$0.71$0.74$87.63 million$78.20 millionViewListenView Earnings Details
2/5/2013Q412$0.65$0.71$85.71 million$86.10 millionViewListenView Earnings Details
7/30/2012$0.56$0.73ViewN/AView Earnings Details
5/7/2012$0.52$0.64ViewN/AView Earnings Details
2/6/2012$0.44$0.40ViewN/AView Earnings Details
10/31/2011$0.44$0.52ViewN/AView Earnings Details
8/1/2011$0.42$0.55ViewN/AView Earnings Details
5/2/2011$0.35$0.37ViewN/AView Earnings Details
2/8/2011$0.33$0.43ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Post Properties (NYSE:PPS)
Current Year EPS Consensus Estimate: $3.22 EPS
Next Year EPS Consensus Estimate: $3.38 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20162$0.77$0.79$0.78
Q3 20162$0.80$0.82$0.81
Q4 20162$0.82$0.84$0.83
Q1 20171$0.83$0.83$0.83
Q2 20171$0.84$0.84$0.84
Q3 20171$0.88$0.88$0.88
Q4 20171$0.91$0.91$0.91
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Post Properties (NYSE:PPS)
Annual Dividend:$1.88
Dividend Yield:2.86%
Payout Ratio:127.89% (Based on Trailing 12 Months of Earnings)
58.39% (Based on Current Year Consensus EPS Estimate)
55.62% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:21.40% (3 Year Average)

Dividend History for Post Properties (NYSE:PPS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/26/2016quarterly$0.473.12%6/28/20166/30/20167/15/2016
2/25/2016quarterly$0.473.36%3/29/20163/31/20164/15/2016
12/3/2015quarterly$0.443.03%12/30/20151/4/20161/15/2016
9/17/2015quarterly$0.443.01%9/28/20159/30/201510/15/2015
6/4/2015quarterly$0.443.14%6/26/20156/30/20157/15/2015
2/5/2015quarterly$0.402.63%3/27/20153/31/20154/15/2015
11/19/2014quarterly$0.402.79%12/30/20141/2/20151/15/2015
8/28/2014quarterly$0.402.91%9/26/20149/30/201410/15/2014
5/8/2014quarterly$0.403.1%6/26/20146/30/20147/15/2014
2/19/2014quarterly$0.362.98%3/27/20143/31/20144/15/2014
11/21/2013quarterly$0.333.02%12/30/20131/2/20141/15/2014
9/4/2013quarterly$0.332.96%9/26/20139/30/201310/15/2013
5/23/2013quarterly$0.332.64%6/26/20136/28/20137/15/2013
2/21/2013quarterly$0.252.02%3/26/20133/29/20134/15/2013
12/5/2012quarterly$0.251/2/20131/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Post Properties (NYSE:PPS)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/20/2016David C WardEVPSell3,220$60.00$193,200.00View SEC Filing  
5/17/2016David C WardEVPSell3,632$60.79$220,789.28View SEC Filing  
5/16/2016Sheila J TeaboInsiderSell2,080$61.17$127,233.60View SEC Filing  
5/13/2016Christopher J PapaCFOSell26,650$60.59$1,614,723.50View SEC Filing  
5/12/2016Arthur J QuirkCAOSell4,340$60.69$263,394.60View SEC Filing  
2/11/2016Walter M. Deriso, Jr.DirectorSell2,500$53.67$134,175.00View SEC Filing  
12/12/2014Christopher J PapaCFOSell9,862$58.71$578,998.02View SEC Filing  
12/12/2014David C WardEVPSell1,860$58.33$108,493.80View SEC Filing  
12/9/2014Charles A KonasInsiderSell2,701$58.30$157,468.30View SEC Filing  
11/20/2014Robert C Goddard IIIDirectorSell7,000$57.30$401,100.00View SEC Filing  
11/13/2014Robert C Goddard IIIDirectorSell50,000$57.44$2,872,000.00View SEC Filing  
9/8/2014David P StockertCEOSell6,035$55.51$335,002.85View SEC Filing  
8/5/2014Russell R FrenchDirectorSell17,318$55.20$955,953.60View SEC Filing  
8/5/2014Sherry W CohenEVPSell10,127$54.42$551,111.34View SEC Filing  
8/4/2014Charles A KonasInsiderSell6,248$54.44$340,141.12View SEC Filing  
8/4/2014David C WardEVPSell8,579$54.38$466,526.02View SEC Filing  
8/4/2014Robert C Goddard IIIDirectorSell95,000$55.21$5,244,950.00View SEC Filing  
6/12/2014Arthur J QuirkCAOSell4,570$52.50$239,925.00View SEC Filing  
6/10/2014Sheila J TeaboInsiderSell1,314$52.37$68,814.18View SEC Filing  
6/4/2014Waal Ronald DeDirectorSell7,500$51.45$385,875.00View SEC Filing  
3/12/2014David WardEVPSell4,289$48.83$209,431.87View SEC Filing  
3/4/2014Sherry CohenEVPSell10,000$49.89$498,900.00View SEC Filing  
2/7/2014Christopher PapaCFOSell10,000$46.75$467,500.00View SEC Filing  
2/7/2014David StockertCEOSell50,000$46.38$2,319,000.00View SEC Filing  
2/7/2014Sherry CohenEVPSell2,758$46.61$128,550.38View SEC Filing  
12/3/2013Robert Goddard IIIDirectorBuy6,706$42.56$285,407.36View SEC Filing  
5/15/2013Walter M Deriso JrDirectorSell2,713$50.01$135,677.13View SEC Filing  
9/6/2012David P StockertCEOSell5,345$51.50$275,267.50View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Post Properties (NYSE:PPS)
DateHeadline
News IconINVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Post Properties, Inc. And Encourages Shareh... (NYSE:PPS)
ih.advfn.com - August 26 at 6:38 PM
finance.yahoo.com logoINVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Post Properties, Inc. And Encourages Shareholders To Contact The Firm For Additional Information (NYSE:PPS)
finance.yahoo.com - August 26 at 9:53 AM
marketrealist.com logoPost Properties and Mid-America: Exceptions in the MAE Clause (NYSE:PPS)
marketrealist.com - August 23 at 11:26 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Post Properties, Inc. And Encourages Investors To Contact The Firm For Additional Information (NYSE:PPS)
finance.yahoo.com - August 22 at 6:50 PM
nasdaq.com logoOctober 21st Options Now Available For Post Properties (PPS) (NYSE:PPS)
www.nasdaq.com - August 22 at 11:30 AM
4-traders.com logoAcquisition of Post Properties Inc (NYSE:PPS) Under Investigation for Investors (NYSE:PPS)
www.4-traders.com - August 22 at 11:30 AM
marketrealist.com logoAnalyzing Post Properties and Mid-America MAE Clause (NYSE:PPS)
marketrealist.com - August 22 at 11:30 AM
marketrealist.com logoCould the Post Properties and Mid-America Deal Get Competitive? (NYSE:PPS)
marketrealist.com - August 19 at 9:54 AM
finance.yahoo.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Announces an Investigation Concerning Whether the Sale of Post Properties Inc. to Mid-America Apartment Communities Inc. is Fair to Shareholders (NYSE:PPS)
finance.yahoo.com - August 18 at 7:04 PM
marketrealist.com logoConditions for the Post Properties and Mid-America Merger (NYSE:PPS)
marketrealist.com - August 18 at 9:56 AM
finance.yahoo.com logoPost Properties Inc. Acquisition May Not Be in the Best Interests of PPS Shareholders (NYSE:PPS)
finance.yahoo.com - August 17 at 7:11 PM
reuters.com logoMid-America Apartment to buy Post Properties for $3.88 billion (NYSE:PPS)
www.reuters.com - August 16 at 7:01 PM
rttnews.com logoPost Properties Inc. (PPS) Has Jumped To A New High After Merger (NYSE:PPS)
www.rttnews.com - August 16 at 7:01 PM
thestreet.com logoRecord Trifecta for Benchmark Indexes as Crude Rallies Again (NYSE:PPS)
www.thestreet.com - August 15 at 7:16 PM
uk.finance.yahoo.com logoUS STOCKS-Wall St ends at record highs; commodity shares climb (NYSE:PPS)
uk.finance.yahoo.com - August 15 at 7:16 PM
feeds.benzinga.com logoOppenheimer's First Take On Mid-America's Post Properties Purchase (NYSE:PPS)
feeds.benzinga.com - August 15 at 4:27 PM
bloomberg.com logoPost Properties Surges on $3.9 Billion Deal With Mid-America - Bloomberg (NYSE:PPS)
www.bloomberg.com - August 15 at 4:26 PM
usatoday.com logoMid-America Apartment to pay $4B for Post Properties (NYSE:PPS)
www.usatoday.com - August 15 at 12:06 PM
feeds.benzinga.com logo12 Stocks Moving In Monday's Pre-Market Session (NYSE:PPS)
feeds.benzinga.com - August 15 at 10:37 AM
seekingalpha.com logoMid-America Apartment confirms deal to buy Post Properties (NYSE:PPS)
seekingalpha.com - August 15 at 8:57 AM
marketwatch.com logoMid-America Apartment confirms it's buying Post Properties for nearly $4 bln (NYSE:PPS)
feeds.marketwatch.com - August 15 at 8:18 AM
feeds.reuters.com logoBRIEF-Post Properties may pay MAA termination fee of $117 mln if deal is terminated (NYSE:PPS)
feeds.reuters.com - August 15 at 7:33 AM
wsj.com logoMAA Near Deal to Buy Post Properties for About $4 Billion - Wall Street Journal (NYSE:PPS)
www.wsj.com - August 14 at 11:24 PM
feeds.reuters.com logoMAA close to buying Post Properties in $4 billion deal: source (NYSE:PPS)
feeds.reuters.com - August 14 at 9:57 PM
feeds.reuters.com logoUPDATE 2-MAA close to buying Post Properties in $4 bln deal -source (NYSE:PPS)
feeds.reuters.com - August 14 at 8:58 PM
feeds.reuters.com logoBRIEF-MAA nears deal to buy Post Properties for about $4 bln- WSJ, citng sources (NYSE:PPS)
feeds.reuters.com - August 14 at 7:39 PM
feeds.reuters.com logoMAA, Post Properties REITs to combine in $4 bln deal -source (NYSE:PPS)
feeds.reuters.com - August 14 at 7:39 PM
seekingalpha.com logoWSJ: Mid-America Apartment nears deal for Post Properties (NYSE:PPS)
seekingalpha.com - August 14 at 7:18 PM
marketwatch.com logoThe Wall Street Journal: Apartment megadeal: MAA close to $4 billion purchase of Post Properties (NYSE:PPS)
www.marketwatch.com - August 14 at 6:51 PM
finance.yahoo.com logoEdited Transcript of PPS earnings conference call or presentation 2-Aug-16 2:00pm GMT (NYSE:PPS)
finance.yahoo.com - August 3 at 10:09 AM
bizjournals.com logoPost Properties to sell three Atlanta apartment communities (NYSE:PPS)
www.bizjournals.com - August 2 at 11:54 AM
sg.finance.yahoo.com logoPost Properties reports 2Q results (NYSE:PPS)
sg.finance.yahoo.com - August 1 at 6:41 PM
publicnow.com logoPost Properties Announces Second Quarter 2016 Earnings (NYSE:PPS)
www.publicnow.com - August 1 at 6:41 PM
biz.yahoo.com logoQ2 2016 Post Properties Inc Earnings Release - After Market Close (NYSE:PPS)
biz.yahoo.com - August 1 at 7:07 AM
capitalcube.com logoPraemium Ltd. :PPS-AU: Earnings Analysis: For the six months ended December 31, 2015 : July 27, 2016 (NYSE:PPS)
www.capitalcube.com - July 27 at 2:06 AM
nasdaq.com logoPost Properties Reaches Analyst Target Price (NYSE:PPS)
www.nasdaq.com - July 26 at 10:12 AM
finance.yahoo.com logoSelect Income (SIR) Increases Dividend by 2%, Shares Up (NYSE:PPS)
finance.yahoo.com - July 14 at 8:58 AM
publicnow.com logoPost Announces Date of Second Quarter 2016 Earnings Release and Conference Call (NYSE:PPS)
www.publicnow.com - July 6 at 5:31 PM
capitalcube.com logoPost Properties, Inc. breached its 50 day moving average in a Bullish Manner : PPS-US : June 29, 2016 (NYSE:PPS)
www.capitalcube.com - June 29 at 8:08 AM
finance.yahoo.com logoCan Equity Residential (EQR) Counter Excess Supply Woes? (NYSE:PPS)
finance.yahoo.com - June 27 at 10:11 AM
finance.yahoo.com logoEdR Starts Building Residential Hall at Shepherd University (NYSE:PPS)
finance.yahoo.com - June 23 at 9:33 AM
fidaily.com logoZelman Cuts Rating On Post Properties, Inc. Common St (PPS) (NYSE:PPS)
www.fidaily.com - June 22 at 6:52 PM
nasdaq.com logoPost Properties Series A Cumulative Redeemable Preferred Shares Ex-Dividend Reminder (NYSE:PPS)
www.nasdaq.com - June 9 at 7:19 PM
seekingalpha.com logoA Short Story On Post Properties, Inc. (NYSE:PPS)
seekingalpha.com - June 7 at 7:08 PM
nasdaq.com logoNotable Two Hundred Day Moving Average Cross - PPS (NYSE:PPS)
www.nasdaq.com - June 7 at 9:40 AM
capitalcube.com logoPost Properties, Inc. breached its 50 day moving average in a Bearish Manner : PPS-US : June 6, 2016 (NYSE:PPS)
www.capitalcube.com - June 6 at 8:24 AM
biz.yahoo.com logoPOST PROPERTIES INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NYSE:PPS)
biz.yahoo.com - June 1 at 8:32 AM
seekingalpha.com logoPost Properties declares $0.47 dividend (NYSE:PPS)
seekingalpha.com - May 25 at 3:43 PM
publicnow.com logoPost Properties Announces Quarterly Dividends and Announces Annual Shareholders Meeting Results (NYSE:PPS)
www.publicnow.com - May 25 at 3:16 PM
nasdaq.com logoCash Dividend On The Way From Post Properties Series A Cumulative Redeemable Preferred Shares (NYSE:PPS)
www.nasdaq.com - March 9 at 2:59 PM

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Post Properties (NYSE:PPS) Chart for Monday, August, 29, 2016


Last Updated on 8/29/2016 by MarketBeat.com Staff