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Preferred Apartment Communities, Inc. (APTS)

Stock Price: $9.49 USD 0.27 (2.93%)
Updated May 14, 2021 4:00 PM EDT - Market closed
Market Cap 475.40M
Revenue (ttm) 486.80M
Net Income (ttm) -166.06M
Shares Out 50.03M
EPS (ttm) -3.36
PE Ratio n/a
Forward PE n/a
Dividend $0.70
Dividend Yield 7.38%
Trading Day May 14
Last Price $9.49
Previous Close $9.22
Change ($) 0.27
Change (%) 2.93%
Day's Open 9.38
Day's Range 9.38 - 9.55
Day's Volume 656,210
52-Week Range 4.82 - 10.97

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Preferred Apartment Communities (APTS) delivered FFO and revenue surprises of 4.17% and -2.23%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

5 days ago - Zacks Investment Research

ATLANTA, May 10, 2021 /PRNewswire/ -- Preferred Apartment Communities, Inc. (NYSE: APTS) ("we," "our," the "Company," "Preferred Apartment Communities" or "PAC") today reported results for the quarter e...

5 days ago - PRNewsWire

ATLANTA, April 19, 2021 /PRNewswire/ -- Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") today announced that the Company has entered into an agreement to sell a portfolio of ...

Other stocks mentioned: HIW
3 weeks ago - PRNewsWire

ATLANTA, April 8, 2021 /PRNewswire/ -- Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") today announced plans to release its first quarter 2021 earnings after the market close...

1 month ago - PRNewsWire

ATLANTA, March 4, 2021 /PRNewswire/ -- Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") today announced that on March 1, 2021 it closed on a real estate loan investment of up ...

2 months ago - PRNewsWire

Preferred Apartment Communities (APTS) witnessed a jump in share price last session on above-average trading volume. The latest trend in FFO estimate revisions for the stock doesn't suggest further stre...

2 months ago - Zacks Investment Research

Preferred Apartment Communities (APTS) delivered FFO and revenue surprises of 55.00% and -0.08%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the s...

2 months ago - Zacks Investment Research

ATLANTA, March 1, 2021 /PRNewswire/ -- Preferred Apartment Communities, Inc. (NYSE: APTS) ("we," "our," the "Company," "Preferred Apartment Communities" or "PAC") today reported results for the quarter ...

2 months ago - PRNewsWire

ATLANTA, Feb. 1, 2021 /PRNewswire/ -- Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") today announced plans to release its fourth quarter and year ended 2020 earnings after t...

3 months ago - PRNewsWire

ATLANTA, Jan. 29, 2021 /PRNewswire/ -- Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") announced today how it expects its 2020 distributions to be classified for federal inco...

3 months ago - PRNewsWire

ATLANTA, Jan. 28, 2021 /PRNewswire/ -- Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") today provided cash rental collections activity for November and December 2020. These c...

3 months ago - PRNewsWire

A stock's price-to-sales ratio reflects how much investors are paying for each dollar of revenues generated by a company.

Other stocks mentioned: BSET, DCP, HUN, KEP, SNP, VSH
3 months ago - Zacks Investment Research

3 Residential REIT Stocks Struggling to Escape Pandemic Blues

Other stocks mentioned: AMH, MAA
4 months ago - Zacks Investment Research

Preferred Apartment Communities (APTS) has been struggling lately, but the selling pressure may be coming to an end soon.

4 months ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for January 7th

Other stocks mentioned: BGS, NLY, VICI
4 months ago - Zacks Investment Research

A stock with a lower price-to-sales ratio is a more suitable investment than a stock with a high price-to-sales ratio.

Other stocks mentioned: BSET, DCP, GMS, KEP, LAKE, SNP
4 months ago - Zacks Investment Research

ATLANTA, Dec. 21, 2020 /PRNewswire/ -- Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") today provided a summary of the Company's recent investment and capital redeployment ac...

4 months ago - PRNewsWire

Before you go calling me a Scrooge, I do believe Christmas miracles can happen. In fact, miracles can and do happen throughout the year.

Other stocks mentioned: AHH
4 months ago - Seeking Alpha

5 Reasons To Own REITs (Real Estate Investment Trusts) Anytime, And Especially Now

Other stocks mentioned: AFIN, BPYU, CTT, FPI, GEO, GNL, ILPT ...
5 months ago - Seeking Alpha

More high coupon credit and preferred equity is being called. Much of the activity is immediately accretive.

Other stocks mentioned: BRG, GTY, LAND, MPW, NLY
5 months ago - Seeking Alpha

Preferred Apartment Communities, Inc. has had a dazzling run from the March bottom. We analyzed the shares twice and stayed away each time.

5 months ago - Seeking Alpha

Skill and integrity of management is one of the most important aspects of a REIT. A large portion of my analysis goes into vetting management.

Other stocks mentioned: AHT, AINC, BHR, CORR, DHC, GMRE, GOOD ...
5 months ago - Seeking Alpha

ATLANTA,, Nov. 19, 2020 /PRNewswire/ -- Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") today announced that it intends to redeem 208,786 shares (the "Called Shares") of its ...

5 months ago - PRNewsWire

The pandemic-driven "urban exodus" hasn't yet shown signs of slowing. Apartment REITs in the coastal "shutdown cities" have been slammed as residents flee to lower-cost suburban markets and business-fri...

Other stocks mentioned: AIV, AVB, BRG, CPT, EQR, ESS, IRET ...
6 months ago - Seeking Alpha

Preferred Apartment Communities' (APTS) CEO Joel Murphy on Q3 2020 Results - Earnings Call Transcript

6 months ago - Seeking Alpha

Preferred Apartment Communities (APTS) delivered FFO and revenue surprises of 23.81% and 1.35%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the s...

6 months ago - Zacks Investment Research

ATLANTA, Nov. 9, 2020 /PRNewswire/ -- Preferred Apartment Communities, Inc. (NYSE: APTS) ("we," "our," the "Company," "Preferred Apartment Communities" or "PAC") today reported results for the quarter e...

6 months ago - PRNewsWire

ATLANTA, Nov. 3, 2020 /PRNewswire/ -- Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") closed today the previously announced disposition of its student housing assets to TPG R...

6 months ago - PRNewsWire

Several housing REITs remain very attractive. Apartment REITs in particular are attractive due to huge discounts to NAV and high market-implied cap rates. ELS reported Q3 2020 normalized FFO at $.55 per...

Other stocks mentioned: AIV, AMH, AVB, BRG, CLPR, CPT, ELS ...
6 months ago - Seeking Alpha

EPR Properties shares have been hammered, falling more than 66% year to date versus -14% for the Vanguard Real Estate ETF. Whitestone REIT is another beaten-down REIT that's seen shares fall by 55% year...

Other stocks mentioned: EPR, PEI, WSR
6 months ago - Seeking Alpha

Retail Value Inc again showed top-broker estimated-net gains of 141.2%, while Klepierre had the top 17.19% yield out of 350 U.S. REITs per YCharts data 10/16/20.

Other stocks mentioned: ACRE, AFIN, ARI, BXMT, CHMI, CIM, GEO ...
6 months ago - Seeking Alpha

Unique Doesn't Mean Useful

Other stocks mentioned: AIV, AVB, BRG, BXMT, CLPR, CPT, EQR ...
6 months ago - Seeking Alpha

ATLANTA, Oct. 13, 2020 /PRNewswire/ -- Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") today provided cash rental collections1 activity for August and September 2020, as well...

7 months ago - PRNewsWire

ATLANTA, Oct. 9, 2020 /PRNewswire/ -- Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") today announced plans to release its third quarter 2020 earnings after the market closes...

7 months ago - PRNewsWire

We're still seeing great bargains throughout the apartment REIT subsector.

Other stocks mentioned: AIV, AVB, BRG, CLPR, CPT, ELS, EQR ...
7 months ago - Seeking Alpha

We had suggested that only those that like to dabble in the lowest rung of emerging market bonds take a trade on APTS.

7 months ago - Seeking Alpha

Preferred Apartment (APTS) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.

7 months ago - Zacks Investment Research

It has been more than a month now since I realized my new Lenovo laptop wasn’t going to work for me.

7 months ago - Seeking Alpha

Many apartment REITs remain at substantial discounts to NAV. There is a clear correlation with coastal properties and larger discounts to NAV.

Other stocks mentioned: AIV, AVB, BRG, CLPR, CPT, EQR, ESS ...
7 months ago - Seeking Alpha

What if I told you that, even in this expensive stock market, that we can still find yields of 9%, 10%… heck, even 20%?

Other stocks mentioned: ET, PSEC, XOM
7 months ago - Forbes

ATLANTA, Sept. 15, 2020 /PRNewswire/ -- Preferred Apartment Communities, Inc.

8 months ago - PRNewsWire

ATLANTA, Sept. 8, 2020 /PRNewswire/ -- Preferred Apartment Communities, Inc.

8 months ago - PRNewsWire

Outlook Gloomy for Residential REITs Amid Coronavirus Crisis

Other stocks mentioned: AIV, AMH, AVB, EQR, ESS, MAA, RP ...
8 months ago - Zacks Investment Research

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

8 months ago - Zacks Investment Research

Preferred Apartment Communities: 12% Dividend Yield And Strong Rent Collection

8 months ago - Seeking Alpha

Let's see if Preferred Apartment Communities (APTS) stock is a good choice for value-oriented investors right now from multiple angles.

9 months ago - Zacks Investment Research

Preferred Apartment Communities' (APTS) CEO Joel Murphy on Q2 2020 Results - Earnings Call Transcript

9 months ago - Seeking Alpha

ATLANTA, Aug. 11, 2020 /PRNewswire/ -- Preferred Apartment Communities, Inc.

9 months ago - PRNewsWire

Preferred Apartment Communities (APTS) delivered FFO and revenue surprises of -12.50% and 0.10%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

9 months ago - Zacks Investment Research

ATLANTA, Aug. 10, 2020 /PRNewswire/ -- Preferred Apartment Communities, Inc.

9 months ago - PRNewsWire

About APTS

Preferred Apartment Communities, Inc. (NYSE: APTS) is a real estate investment trust engaged primarily in the ownership and operation of Class A multifamily properties, with select investments in grocery anchored shopping centers, Class A office buildings, and student housing properties. Preferred Apartment Communities' investment objective is to generate attractive, stable returns for stockholders by investing in income-producing properties and acquiring or originating real estate loans for multifamily properties. As of September 30, 2020, the... [Read more...]

Industry
REIT-Residential
IPO Date
Apr 1, 2011
CEO
John Williams
Employees
402
Stock Exchange
NYSE
Ticker Symbol
APTS
Full Company Profile

Financial Performance

In 2020, APTS's revenue was $502.20 million, an increase of 6.75% compared to the previous year's $470.43 million. Losses were -$177.79 million, 2,354.3% more than in 2019.

Financial Statements

Analyst Forecasts

According to 5 analysts, the average rating for APTS stock is "Hold." The 12-month stock price forecast is 10.20, which is an increase of 7.48% from the latest price.

Price Target
$10.20
(7.48% upside)
Analyst Consensus: Hold