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Preferred Apartment Communities, Inc. (APTS)

Stock Price: $7.09 USD -0.11 (-1.53%)
Updated Aug 14, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 357.09M
Revenue (ttm) 494.50M
Net Income (ttm) -195.43M
Shares Out 49.62M
EPS (ttm) -6.99
PE Ratio n/a
Forward PE n/a
Dividend $0.70
Dividend Yield 9.87%

Stock Quote

Trading Day Aug 14, 2020
Last Price $7.09
Previous Close $7.20
Change ($) -0.11
Change (%) -1.53%
Day's Open 7.20
Day's Range 7.08 - 7.22
Day's Volume 385,817
52-Week Range 5.27 - 15.13

More Stats

Market Cap 357.09M
Enterprise Value 3.10B
Earnings Date (est) Nov 9, 2020
Ex-Dividend Date Jun 12, 2020
Shares Outstanding 49.62M
Float 47.90M
EPS (basic) -6.92
EPS (diluted) -6.99
FCF / Share -13.55
Dividend $0.70
Dividend Yield 9.87%
Earnings Yield n/a
FCF Yield n/a
Payout Ratio n/a
Shares Short 1.37M
Short Ratio 3.73
Short % of Float 2.80%
Beta 0.76
PE Ratio n/a
Forward PE n/a
P/FCF Ratio n/a
PS Ratio 0.72
PB Ratio 0.21
Revenue 494.50M
Operating Income -77.83M
Net Income -195.43M
Free Cash Flow -653.13M
Net Cash -2.74B
Net Cash / Share -54.37
Gross Margin 59.65%
Operating Margin -15.74%
Profit Margin -65.00%
FCF Margin -132.08%
ROA -0.99%
ROE -11.39%
ROIC n/a
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (5)

Buy 1
Overweight 0
Hold 4
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$8.10*
(14.25% upside)
Low
6.50
Current: $7.09
High
11.00
Target: 8.10
*Average 12-month price target from 5 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue47039729420010956.5432.1312.495.33-
Revenue Growth18.41%35.12%46.92%83.08%93.34%75.94%157.25%134.56%--
Gross Profit33328221114279.5943.8323.508.963.59-
Operating Income10070.0859.3930.1718.8912.321.892.36-5.09-0.75
Net Income-7.2443.4727.68-9.53-2.402.09-3.98-0.15-8.50-0.77
Shares Outstanding44.2740.0331.9323.9722.1817.409.465.173.820.04
Earnings Per Share-2.73-1.08-1.13-2.11-0.95-0.31-1.59-0.12-2.22-20.90
Dividend Per Share1.051.020.940.820.730.660.610.550.38-
Dividend Growth2.75%8.51%14.91%12.36%11.15%8.26%11.01%45.33%--
Operating Cash Flow14614586.2961.6635.2215.448.694.180.53-0.79
Capital Expenditures-667-887-674-970-425-302-35.52-0.33-87.91-
Free Cash Flow-521-741-588-908-390-286-26.833.84-87.38-0.79
Cash & Equivalents13787.6973.0167.7114.987.8211.253.515.120.02
Total Debt2,6372,3571,8291,44472337417070.4455.641.47
Net Cash / Debt-2,499-2,269-1,756-1,377-708-366-159-66.92-50.52-1.45
Assets4,7714,4113,2522,4211,29669134212392.470.83
Liabilities2,8362,8021,9721,53677040017673.2357.851.49
Book Value1,9311,6081,27688452328916550.0634.62-0.66
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Preferred Apartment Communities, Inc.
Country United States
CEO Joel T. Murphy

Stock Information

Ticker Symbol APTS
Stock Exchange New York Stock Exchange
Sector Real Estate
Industry REIT—Residential
Unique Identifier NYSE: APTS
IPO Date April 1, 2011

Description

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 March 31, 2020, the Company owned or was invested in 123 properties in 15 states, predominantly in the Southeast region of the United States.