Latest On Preferred Apartment Communities, Inc (APTS):
| Date/Time | Type | Description | Signal | Details |
|---|---|---|---|---|
| 2022-06-18 03:07 EST | News | Preferred Apartment investors approve acquisition by BREIT | N/A |  |
| 2022-06-08 00:19 EST | News | Preferred Apartment Communities adjourns holder vote on sale to Blackstone REIT | N/A | |
| 2022-06-03 16:38 EST | News | Preferred Apartment Communities schedules shareholder meet for all-cash acquisition approval | N/A | |
| 2022-05-10 01:57 EST | News | Preferred Apartment Communities reports Q1 results | N/A | |
| 2022-03-14 05:41 EST | Dividend | A dividend of $0.18 has been announced on Feb 24, 2022. It will be paid Apr 14, 2022 with an ex-dividend date of Mar 14, 2022. | Neutral | |
About Preferred Apartment Communities, Inc (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 Company owned or was invested in 125 properties in 15 states, predominantly in the Southeast region of the United States.
General
- Name Preferred Apartment Communities, Inc
- Symbol APTS
- Type Common Stock
- Exchange NYSE
- Currency USD
- Country USA
- SectorReal Estate
- IndustryREIT-Residential
- Full Time Employees 402
- Fiscal Year EndDecember
- IPO Date2011-04-01
- Gic SectorReal Estate
- Gic GroupReal Estate
- Gic IndustryEquity Real Estate Investment Trusts (REITs)
- Gic SubIndustryResidential REITs
- Web URLhttp://pacapts.com
Valuation
- Price/Sales (Trailing 12 Mt.) 1
- Price/Book (Most Recent Quarter) 0.36
- Enterprise Value Revenue 6.21
- Enterprise Value EBITDA 22.48
Financials
- Most Recent Quarter 2020-12-31
- Current Year EPS Estimate -$2.87
- Next Year EPS Estimate -$2.73
- Next Quarter EPS Estimate -$0.81
- Profit Margin -36%
- Operating Margin -16%
- Return on Assets -1%
- Return on Equity -11%
- Revenue 496.35 million
- Earnings Per Share -$1.63
- Revenue Per Share $10.18
- Gross Profit 327.23 million
- Quarterly Earnings Growth -3.2%
Highlights
- Market Capitalization 505.94 million
- EBITDA 111.54 million
- PE Ratio -12.22
- PEG Ratio -2.68
- Analyst Target Price $9.29
- Book Value Per Share $29.12
Share Statistics
- Shares Outstanding 49.99 million
- Shares Float 48.09 million
- % Held by Insiders 234%
- % Held by Institutions 54.65%
- Shares Short 1.15 million
- Shares Short Prior Month 1.3 million
- Short Ratio 2.42
- Short % of Float 2%
- Short % of Shares Outstanding 2%
Technicals
- Beta 1.14
- 52 Week High $10.97
- 52 Week Low $4.81
- 50 Day Moving Average 8.63
- 200 Day Moving Average 7.24
Dividends
- Forward Annual Dividend Rate $0.7
- Forward Annual Dividend Yield 6.82%
- Dividend Date 2021-04-15
- ExDividend Date 2021-03-12
- Dividend Per Share $0.79
- Dividend Yield 2.08%
Preferred Apartment Communities, Inc (APTS) Dividend Calendar:
Preferred Apartment Communities, Inc pays an annual dividend of $0.7 per share, with a dividend yield of 2.08%.
APTS's last dividend payment was made to shareholders on April 15, 2021.
Preferred Apartment Communities, Inc (APTS) Earnings History:
Companies typically report earnings on both a quarterly and annual basis. Earnings reported that deviate from analysts' expectations can have a large impact on a stock's price.
Preferred Apartment Communities, Inc (APTS) Company Financial Statements:
Financial statements are reports prepared by a company's management to present their financial performance and position at a point in time. A general-purpose set of financial statements usually includes a balance sheet, income statements, and statement of cash flows.
Income Statement:
| Date | Dec 31 2020 | Sep 30 2020 | Jun 30 2020 | Mar 31 2020 | Dec 31 2019 |
|---|---|---|---|---|---|
| Research Development | N/A | N/A | N/A | N/A | N/A |
| Income Before Tax | N/A | N/A | N/A | -179.52 million | -1.36 million |
| Selling General Administrative | N/A | N/A | N/A | 187.35 million | 7.43 million |
| Gross Profit | N/A | N/A | N/A | 61.99 million | 77.2 million |
| Ebit | N/A | N/A | N/A | -130.49 million | 25.15 million |
| Operating Income | N/A | N/A | N/A | -180 million | 25.15 million |
| Income Tax Expense | N/A | N/A | N/A | N/A | N/A |
| Total Revenue | N/A | N/A | N/A | 131.1 million | 124.87 million |
| Cost of Revenue | N/A | N/A | N/A | 69.11 million | 47.67 million |
| Total Other Income Expense Net | N/A | N/A | N/A | 479000 | -26.51 million |
| Net Income From Continuing Operations | N/A | N/A | N/A | -179.52 million | -1.36 million |
| Net Income Applicable to Common Shares | -38.63 million | -39.5 million | -51.32 million | N/A | -32.54 million |
Cash Flow:
| Date | Sep 30 2020 | Jun 30 2020 | Mar 31 2020 | Dec 31 2019 | Sep 30 2019 |
|---|---|---|---|---|---|
| Investments | 22.55 million | N/A | -90.86 million | 26.21 million | N/A |
| Change to Liabilities | 10.39 million | 12.24 million | N/A | -20.88 million | 10.71 million |
| Total Cash Flow from Investing Activities | 22.55 million | -86.86 million | N/A | -131.03 million | -307.51 million |
| Net Borrowings | -57.52 million | 58.28 million | N/A | 23.8 million | 181.68 million |
| Total Cash Flow from Financial Activities | -94.08 million | N/A | 186.79 million | 99.88 million | 260.36 million |
| Change to Operating Activities | 1.99 million | -1.33 million | N/A | 1.6 million | 1.89 million |
| Change in Cash | -20.41 million | N/A | 26.54 million | -9.96 million | 2.65 million |
| Total Cash from Operating Activities | 51.13 million | 48.26 million | -69.39 million | 21.2 million | 49.8 million |
| Depreciation | 51.79 million | N/A | 49.51 million | 47.45 million | 45.44 million |
| Other Cash Flow from Investing Activities | 5.28 million | -237000 | N/A | 1.92 million | 7.1 million |
| Change to Inventory | N/A | N/A | N/A | N/A | N/A |
| Change to Account Receivables | -3.66 million | N/A | -10.78 million | -8.19 million | -1.07 million |
| Other Cash Flow from Financing Activities | -1.37 million | -59.8 million | N/A | -330000 | -3.17 million |
| Change to Net Income | -5.07 million | 2.8 million | N/A | 1.33 million | -6.65 million |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A |
Balance Sheet:
| Date | Dec 31 2020 | Sep 30 2020 | Jun 30 2020 | Mar 31 2020 | Dec 31 2019 |
|---|---|---|---|---|---|
| Total Liabailities | N/A | 3.06 billion | N/A | 3.05 billion | 2.84 billion |
| Total Stockholder Equity | N/A | 1.67 billion | N/A | 1.78 billion | 1.93 billion |
| Other Current Liabilities | 43.47 million | 20.97 million | N/A | 14.91 million | 23.52 million |
| Total Assets | N/A | 4.73 billion | N/A | 4.83 billion | 4.77 billion |
| Common Stock | 500000 | 499000 | 493000 | N/A | 464000 |
| Other Current Assets | 47.06 million | 65.69 million | N/A | N/A | 42.87 million |
| Retained Earnings | -192.45 million | -210.22 million | -206.72 million | -191.04 million | -7.24 million |
| Other Liabilities | 132.91 million | 165.62 million | 169.86 million | N/A | 126.07 million |
| Other Assets | 303.6 million | 333.86 million | 332.74 million | N/A | 372.52 million |
| Cash | N/A | 30.34 million | N/A | 120.13 million | 94.38 million |
| Total Current Liabilities | 115.26 million | 119.17 million | N/A | 114.81 million | 73.86 million |
| Other Stockholder Equity | N/A | N/A | N/A | N/A | N/A |
| Property, Plant & Equipment | 3.63 billion | 4.03 billion | 4.1 billion | N/A | 3.97 billion |
| Total Current Assets | 209.94 million | 534.27 million | N/A | 586.66 million | 270.26 million |
| Long Term Investments | N/A | 6.85 million | N/A | N/A | N/A |
| Net Tangible Assets | 1.31 billion | 1.54 billion | 1.57 billion | N/A | 1.78 billion |
| Short Term Investments | N/A | N/A | N/A | N/A | N/A |
| Long Term Debt | N/A | 2.81 billion | N/A | 2.8 billion | 2.64 billion |
| Inventory | N/A | N/A | N/A | N/A | N/A |
| Accounts Payable | 41.91 million | 66.28 million | N/A | 43.8 million | 42.19 million |
Preferred Apartment Communities, Inc (APTS) Chart:
Preferred Apartment Communities, Inc (APTS) News:
Below you will find a list of latest news for Preferred Apartment Communities, Inc (APTS) from major news sources. You can filter the results to only show news from a specific source.
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Preferred Apartment Communities, Inc (APTS) Options:
A stock option is a contract between two parties in which the stock option buyer (holder) purchases the right (but not the obligation) to buy/sell 100 shares of an underlying stock at a predetermined price from/to the option seller (writer) within a fixed period of time.
Latest APTS Trades:
Preferred Apartment Communities, Inc (APTS) SEC Filings:
An SEC filing is a financial statement or other formal document submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make regular SEC filings.
| Date | Form Type | View |
|---|---|---|
| 2020-11-06 | 8-K (Current report) | |
| 2020-11-05 | DEFA14A (Additional definitive proxy soliciting materials and Rule 14(a)(12) material) | |
| 2020-11-05 | DEFA14A (Additional definitive proxy soliciting materials and Rule 14(a)(12) material) | |
| 2020-10-29 | DEFA14A (Additional definitive proxy soliciting materials and Rule 14(a)(12) material) | |
| 2020-10-19 | DEFA14A (Additional definitive proxy soliciting materials and Rule 14(a)(12) material) | |
| 2020-10-13 | 8-K (Current report) | |
| 2020-10-09 | DEFA14A (Additional definitive proxy soliciting materials and Rule 14(a)(12) material) | |
| 2020-09-25 | DEF 14A (Other definitive proxy statements) | |
| 2020-09-24 | 8-K (Current report) | |
| 2020-09-15 | PRE 14A (Other preliminary proxy statements) | |
| 2020-09-15 | 8-K (Current report) | |
| 2020-08-10 | 8-K (Current report) | |
| 2020-08-10 | 10-Q (Quarterly report [Sections 13 or 15(d)]) | |
| 2020-08-06 | 8-K (Current report) | |
| 2020-07-15 | 8-K/A (Current report) | |
| 2020-07-14 | 8-K (Current report) | |
| 2020-06-22 | 8-K/A (Current report) | |
| 2020-06-22 | 8-K/A (Current report) | |
| 2020-06-19 | 8-K (Current report) | |
| 2020-06-19 | 4 (Statement of changes in beneficial ownership of securities) | |
Preferred Apartment Communities, Inc (APTS) Insider Transactions:
Here you will find a list of insider trading activities (stock purchases, sales, and option exercises) reported by insiders of Preferred Apartment Communities, Inc (APTS). Company insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
Insider Ownership: 234%
Institutional Ownership: 5465%
| Transaction Date | Insider Name | Insider Title | Type | Shares Number | Shares Price | Total Transaction | Shares Held After Transaction | Link |
|---|---|---|---|---|---|---|---|---|
| 2020-06-17 | John M Cannon | Director | Buy | 11,019.00 | 14,639.00 | | ||
| 2020-06-17 | HOWARD A MCLURE | Director | Buy | 11,019.00 | 14,655.00 | | ||
| 2020-06-17 | Michael Aide | President - Retail | Buy | 13,774.00 | 15,299.00 | | ||
| 2020-06-17 | JOEL T MURPHY | Officer | Buy | 148,072.00 | 183,072.00 | | ||
| 2020-06-17 | Jeffrey David Sherman | President - Multifamily | Buy | 17,218.00 | 18,968.00 | | ||
| 2020-06-17 | Sara Finley | Director | Buy | 11,019.00 | 19,797.00 | | ||
| 2020-06-17 | Parker Boone Dupree | President - Office | Buy | 17,218.00 | 20,978.00 | | ||
| 2020-06-17 | Jeffrey R Sprain | Officer | Buy | 10,331.00 | 25,580.00 | | ||
| 2020-06-17 | JOEL T MURPHY | Officer | Buy | 137,741.00 | 320,813.00 | | ||
| 2020-06-17 | John A Isakson | Chief Financial Officer | Buy | 48,209.00 | 48,209.00 | | ||
| 2020-06-17 | GARY B COURSEY | Director | Buy | 11,019.00 | 60,037.00 | | ||
| 2020-06-17 | STEVE BARTKOWSKI | Director | Buy | 11,019.00 | 68,082.00 | | ||
| 2020-06-17 | TIMOTHY ALAN PETERSON | Director | Buy | 11,019.00 | 68,963.00 | | ||
| 2020-06-17 | MICHAEL JOSEPH CRONIN | Officer | Buy | 9,642.00 | 70,142.00 | | ||
| 2020-05-14 | DANIEL M DUPREE | Director | Buy | 50,000.00 | 6.18 | 308,950.00 | 229,353.00 | |
| 2020-05-14 | John M Cannon | Director | Buy | 3,620.00 | 6.30 | 22,798.76 | 3,620.00 | |
| 2020-05-14 | Sara Finley | Director | Buy | 2,500.00 | 5.84 | 14,590.00 | 8,778.00 | |
| 2020-03-20 | JOEL T MURPHY | Officer | Buy | 10,000.00 | 7.99 | 79,900.00 | 35,000.00 | |
| 2020-03-19 | DANIEL M DUPREE | Director | Buy | 13,000.00 | 7.60 | 98,800.00 | 179,353.00 | |
| 2020-03-17 | Jeffrey R Sprain | Officer | Buy | 1,250.00 | 7.16 | 8,950.00 | 4,843.00 | |