Preferred Apartment Communities, Inc.

NYSE:APTS Stock Report

Market Cap: US$1.6b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Preferred Apartment Communities Management

Management criteria checks 4/4

Key information

Joel Murphy

Chief executive officer

US$4.1m

Total compensation

CEO salary percentage16.9%
CEO tenure2.4yrs
CEO ownershipn/a
Management average tenure3.2yrs
Board average tenure7.2yrs

Recent management updates

Have Insiders Been Buying Preferred Apartment Communities, Inc. (NYSE:APTS) Shares This Year?

Mar 18
Have Insiders Been Buying Preferred Apartment Communities, Inc. (NYSE:APTS) Shares This Year?

Recent updates

Merger Arbitrage Mondays: 3 Potential Deals Come To Fruition

Feb 21

Preferred Apartment: Huge Portfolio Restructuring Can Bear Fruit For Investors

Jan 06

Preferred Apartment Communities: You Have To Buy A Lot Of 'Rough' To Get The Diamond

Oct 15

Have Insiders Been Buying Preferred Apartment Communities, Inc. (NYSE:APTS) Shares This Year?

Mar 18
Have Insiders Been Buying Preferred Apartment Communities, Inc. (NYSE:APTS) Shares This Year?

Reflecting on Preferred Apartment Communities' (NYSE:APTS) Share Price Returns Over The Last Three Years

Feb 11
Reflecting on Preferred Apartment Communities' (NYSE:APTS) Share Price Returns Over The Last Three Years

Preferred Apartment sums up November, December capital actions

Dec 21

Freddie apartment investment market index rebounds in Q3

Dec 16

Preferred Apartment Communities goes ex-dividend on Monday

Dec 11

Bipartisan relief plan includes extended eviction moratorium, rental aid

Dec 09

Preferred Apartment Communities: The Riskiest Bet On Apartments

Dec 03

Preferred Apartment to redeem $208.8M of preferred stock

Nov 19

Preferred Apartment +1.5% after Q3 results beat, rise from Q2

Nov 09

CEO Compensation Analysis

How has Joel Murphy's remuneration changed compared to Preferred Apartment Communities's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2022n/an/a

-US$132m

Dec 31 2021US$4mUS$700k

-US$133m

Sep 30 2021n/an/a

-US$156m

Jun 30 2021n/an/a

-US$147m

Mar 31 2021n/an/a

-US$166m

Dec 31 2020US$5mUS$699k

-US$339m

Sep 30 2020n/an/a

-US$333m

Jun 30 2020n/an/a

-US$325m

Mar 31 2020n/an/a

-US$302m

Dec 31 2019US$2mUS$840k

-US$121m

Sep 30 2019n/an/a

-US$86m

Jun 30 2019n/an/a

-US$69m

Mar 31 2019n/an/a

-US$66m

Dec 31 2018US$1mUS$640k

-US$43m

Sep 30 2018n/an/a

-US$68m

Jun 30 2018n/an/a

-US$70m

Mar 31 2018n/an/a

-US$56m

Dec 31 2017US$1mUS$550k

-US$36m

Sep 30 2017n/an/a

-US$30m

Jun 30 2017n/an/a

-US$28m

Mar 31 2017n/an/a

-US$25m

Dec 31 2016US$744kUS$500k

-US$51m

Sep 30 2016n/an/a

-US$41m

Jun 30 2016n/an/a

-US$34m

Mar 31 2016n/an/a

-US$28m

Dec 31 2015US$698kUS$413k

-US$21m

Compensation vs Market: Joel's total compensation ($USD4.14M) is about average for companies of similar size in the US market ($USD5.48M).

Compensation vs Earnings: Joel's compensation has been consistent with company performance over the past year.

CEO

Joel Murphy (62 yo)

2.4yrs

Tenure

US$4,135,103

Compensation

Mr. Joel T. Murphy J.D., has been Chairman of the Board at Preferred Apartment Communities, Inc. since June 2021. He has been Chief Executive Officer of Preferred Apartment Communities, Inc. since January...

Leadership Team

NamePositionTenureCompensationOwnership
Joel Murphy
Chairman of the Board2.4yrsUS$4.14mno data
John Isakson
CFO & Executive VP3.9yrsUS$1.90m0%
$ 0
Michael Cronin
Executive VP12.8yrsUS$895.19k0%
$ 0
Jeffery Sherman
President of Multifamilyno dataUS$1.10m0%
$ 0
Michael Aide
President of Grocery Anchored Retail2.4yrsUS$965.47k0%
$ 0
Paul Cullen
Executive Vice President of Investor Relations2.4yrsno datano data
Jeffrey Sprain
Executive VP13.4yrsUS$497.10k0%
$ 0
William Forth
Executive VP & Chief Asset Management Officer of Multifamily6.4yrsno datano data
Kimberly Hodge
Executive VP & Chief Property Management Officer of Multifamily4.4yrsno datano data
William Barkwell
Chief Operating Officer of Preferred Campus Managementno datano datano data
Stephanie Hart
Executive VP & COO of Grocery Anchored Retail2.4yrsno datano data
Jared Seff
Senior VP1.4yrsno datano data

3.2yrs

Average Tenure

49.5yo

Average Age

Experienced Management: APTS's management team is considered experienced (3.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Joel Murphy
Chairman of the Board3.1yrsUS$4.14mno data
Howard McLure
Lead Independent Director11.3yrsUS$150.83k0%
$ 0
Sara Finley
Independent Director3.1yrsUS$140.17k0%
$ 0
Timothy Peterson
Independent Director11.3yrsUS$140.00k0%
$ 0
Gary Coursey
Independent Director11.5yrsUS$120.00k0%
$ 0
Steve Bartkowski
Independent Director11.3yrsUS$143.33k0.15%
$ 2.5m
John Cannon
Independent Director2.1yrsUS$120.00k0%
$ 0
Daphne N. Jackson
Independent Directorless than a yearUS$38.14k0%
$ 0

7.2yrs

Average Tenure

61yo

Average Age

Experienced Board: APTS's board of directors are considered experienced (7.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2022/06/26 19:08
End of Day Share Price 2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Preferred Apartment Communities, Inc. is covered by 13 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Merrill RossBoenning & Scattergood, Inc.
Gaurav MehtaB. Riley Securities, Inc.
Gaurav MehtaB. Riley Wealth