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Preferred Apartment Communities, Inc. (APTS)

NYSE: APTS · IEX Real-Time Price · USD
11.50 -0.11 (-0.95%)
Sep 17, 2021 4:00 PM EDT - Market closed
Market Cap602.80M
Revenue (ttm)482.22M
Net Income (ttm)-147.31M
Shares Out50.52M
EPS (ttm)-2.95
PE Ration/a
Forward PEn/a
Dividend$0.70 (6.09%)
Ex-Dividend DateSep 14, 2021
Volume1,125,100
Open11.62
Previous Close11.61
Day's Range11.47 - 11.85
52-Week Range4.67 - 12.66
Beta1.22
AnalystsHold
Price Target12.75 (+10.9%)
Est. Earnings DateNov 8, 2021

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...

IndustryEquity Real Estate Investment Trusts (REITs)
IPO DateApr 1, 2011
CEOJoel Murphy
Employees402
Stock ExchangeNYSE
Ticker SymbolAPTS
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 Forecast

According to 5 analysts, the average rating for APTS stock is "Hold." The 12-month stock price forecast is 12.75, which is an increase of 10.87% from the latest price.

Price Target
$12.75
(10.87% upside)
Analyst Consensus: Hold

News

APTS vs. ESS: Which Stock Should Value Investors Buy Now?

APTS vs. ESS: Which Stock Is the Better Value Option?

Other symbols:ESS
4 days ago - Zacks Investment Research

Preferred Apartment Communities, Inc. Acquires a 301-Unit Multifamily Community in the Nashville, Tennessee MSA

ATLANTA--(BUSINESS WIRE)--Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") today announced that on September 14, 2021, it completed the acquisition of The Anson, a newly const...

4 days ago - Business Wire

Top Ranked Income Stocks to Buy for September 13th

APTS, FULT, REG, and CC made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 13, 2021.

Other symbols:CCFULTREG
6 days ago - Zacks Investment Research

4 Stocks to Reap Solid Returns as Analysts Initiate Coverage

Increased analyst coverage over the past few weeks might lead to solid price appreciation for stocks like Preferred Apartment (APTS), GCM (GCMG), Aadi (AADI) & Vivint (VVNT).

Other symbols:GCMGVVNT
6 days ago - Zacks Investment Research

Preferred Apartment Communities, Inc. Completes Disposition of Armour Yards Office Portfolio for Approximately $79.5 ...

ATLANTA--(BUSINESS WIRE)--Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") closed today on its previously announced disposition of two office properties, Armour Yards and 251 ...

1 week ago - Business Wire

Top Ranked Income Stocks to Buy for September 3rd

SUN, APTS, UMPQ, and HBI made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 3, 2021.

Other symbols:HBISUNUMPQ
2 weeks ago - Zacks Investment Research

How Preferred Apartment (APTS) Stock Stands Out in a Strong Industry

Preferred Apartment (APTS) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

2 weeks ago - Zacks Investment Research

APTS vs. AMH: Which Stock Should Value Investors Buy Now?

APTS vs. AMH: Which Stock Is the Better Value Option?

Other symbols:AMH
2 weeks ago - Zacks Investment Research

Preferred Apartment Communities (APTS) Soars to 52-Week High, Time to Cash Out?

Preferred Apartment Communities (APTS) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

3 weeks ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for August 26th

APTS, UMPQ, BKE, and WTBA made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 26, 2021.

Other symbols:BKEUMPQWTBA
3 weeks ago - Zacks Investment Research

Top Ranked Momentum Stocks to Buy for August 19th

GSKY, SALM, APTS, and CCS made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 19, 2021.

Other symbols:CCSGSKYSALM
1 month ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for August 19th

APTS, TAK, CATY, and BSET made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 19, 2021

Other symbols:BSETCATYTAK
1 month ago - Zacks Investment Research

Preferred Apartment Communities, Inc. Announces Real Estate Loan Investment in Atlanta, Georgia MSA Multifamily Devel...

ATLANTA--(BUSINESS WIRE)--Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") today announced that on August 11, 2021 it closed on a real estate loan investment of up to approxim...

1 month ago - Business Wire

Preferred Apartment Communities (APTS) Is Up 0.69% in One Week: What You Should Know

Does Preferred Apartment Communities (APTS) have what it takes to be a top stock pick for momentum investors? Let's find out.

1 month ago - Zacks Investment Research

Should Value Investors Pick Preferred Apartment (APTS) Stock?

Let's see if Preferred Apartment Communities, Inc. (APTS) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

1 month ago - Zacks Investment Research

APTS vs. RPT: Which Stock Is the Better Value Option?

APTS vs. RPT: Which Stock Is the Better Value Option?

Other symbols:RPT
1 month ago - Zacks Investment Research

Preferred Apartment Communities (APTS) Q2 FFO and Revenues Beat Estimates

Preferred Apartment Communities (APTS) delivered FFO and revenue surprises of 37.50% and 3.81%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Preferred Apartment Communities, Inc. Reports Results for Second Quarter 2021

ATLANTA--(BUSINESS WIRE)--Preferred Apartment Communities, Inc. (NYSE: APTS) ("we," "our," the "Company," "Preferred Apartment Communities" or "PAC") today reported results for the quarter ended June 30...

1 month ago - Business Wire

Preferred Apartment Communities, Inc. Announces Redemption of Approximately $221 Million of its 6.00% Series A Redeem...

ATLANTA--(BUSINESS WIRE)--Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") today announced that it intends to redeem 221,645 shares (the “Called Shares”) of its 6.00% Series A...

1 month ago - Business Wire

Preferred Apartment Communities, Inc. Completes Disposition of Substantial Majority of its Office Portfolio to Highwo...

ATLANTA--(BUSINESS WIRE)--Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") closed on its previously announced disposition of a portfolio of five office properties and one offi...

Other symbols:HIW
1 month ago - Business Wire

Preferred Apartment Communities, Inc. to Release Second Quarter 2021 Results Monday, August 9th

ATLANTA--(BUSINESS WIRE)--Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") today announced plans to release its second quarter 2021 earnings after the market closes on Monday,...

2 months ago - Business Wire

Preferred Apartment Communities, Inc. Acquires a 231-Unit Multifamily Community in the Dallas-Fort Worth MSA

ATLANTA--(BUSINESS WIRE)--Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") today completed the acquisition of Alleia at Presidio, a 231-Unit Class A multifamily community in F...

2 months ago - Business Wire

Preferred Apartment (APTS) Completes The Ellison Acquisition

Preferred Apartment's (APTS) latest buyout comes as part of the company's effort to boost its portfolio with newly-constructed suburban Sunbelt properties.

2 months ago - Zacks Investment Research

Preferred Apartment Communities, Inc. Completes the Acquisition of a 250-Unit Multifamily Community in the Atlanta, G...

ATLANTA--(BUSINESS WIRE)--Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") today completed the acquisition of The Ellison, a 250-Unit Class A multifamily community in Kennesaw...

2 months ago - Business Wire

Preferred Apartment Communities (APTS) Enters Overbought Territory

Preferred Apartment Communities (APTS) has moved higher as of late, but there could definitely be trouble on the horizon for this company.

3 months ago - Zacks Investment Research