Post Properties, Inc. (NYSE:PPS)

CAPS Rating: 4 out of 5

The Company and its subsidiaries develop, own and manage upscale multifamily apartment communities in selected markets in the United States.

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Member Avatar CoreAndExplore (79.77) Submitted: 5/18/2012 12:09:31 AM : Underperform Start Price: $43.79 PPS Score: +23.96

Overpriced.

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Member Avatar ballengerm (< 20) Submitted: 10/28/2011 1:09:23 PM : Outperform Start Price: $37.99 PPS Score: -7.34

Americans are shifting from property owners to renters

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Member Avatar JackCaps (25.53) Submitted: 5/5/2010 12:04:51 AM : Underperform Start Price: $24.53 PPS Score: -61.09

Heavy debt weighs down Post Properties and keeps them from rising above the performance levels of the S&P 500 index.

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Member Avatar MN2727 (84.25) Submitted: 10/27/2008 10:09:37 AM : Outperform Start Price: $15.43 PPS Score: +135.63

undervalued and will benefit from more demand for product as home ownership becomes more difficult. Concentraded in areas of the country that will see population expansion

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Member Avatar NoTouch5Yr (98.93) Submitted: 5/22/2008 4:01:12 PM : Outperform Start Price: $29.50 PPS Score: +43.95

As with all my picks: A very attractive P/E, excellent EPS growth rate and high five year growth prospects.

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Member Avatar TheRupturedDuck (35.30) Submitted: 4/17/2008 8:06:32 AM : Underperform Start Price: $31.44 PPS Score: -28.52

indebted REITS screen

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Member Avatar kboy77 (< 20) Submitted: 2/17/2007 9:26:15 PM : Underperform Start Price: $36.59 PPS Score: -9.01

making money in real estate right now.???
c'mon

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Member Avatar wvwheeling (99.79) Submitted: 2/16/2007 10:18:51 AM : Underperform Start Price: $36.46 PPS Score: -9.38

Following worst stocks in the world lead.

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Member Avatar NetscribeREIT (21.01) Submitted: 2/16/2007 7:47:00 AM : Underperform Start Price: $36.82 PPS Score: -7.90

Post Properties is a Real Estate Investment Trust (REIT), which along with its subsidiaries develop, own and manage upscale multifamily apartment communities in selected markets in the United States. Post Properties owns 21,745 apartment homes in 61 communities and half of its portfolio is located in Atlanta, while the rest is located in Georgia, Dallas, Texas, the greater Washington, D.C. and Tampa, Florida

The U.S. housing market slowed down considerably after reaching its peak in 2005. Factors like slowing economy and lower job growth rates have weakened the demand for apartments. The apartment REIT were cashing on the hot condo market. However, the falling price in the single-family home market and relatively low mortgage rates makes owning a home more affordable. This has put brakes on the condo market, as for the third quarter of 2006, the industry saw a fall in condo conversion by 86.5% to 7,400 units.

For Q4’06, the company’s top-line saw a growth of 5.0% on the basis of increased average monthly rental rate per unit by 7.2%. However, this has negatively impacted average economic occupancy of its same store communities, which declined by 200 basis points to 93.7%. Further, the company is pushing for its condominium development plans despite a hold up of condo market. Moreover, this is done during the period when a large amount condo conversion plan had to be dropped due to lack of demand.

The company’s operating margin has been deteriorating on account of higher property tax and insurance expense. Further, the management expects that this rise in expense would persist in 2007. A dull outlook for condo market coupled with increasing pressure on operating margin makes Post Properties future less attractive.

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Member Avatar pokerden (< 20) Submitted: 2/15/2007 5:07:58 PM : Underperform Start Price: $36.82 PPS Score: -7.90

2% roe? its gotta go down

Results 1 - 10 of 10

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