HMG/Courtland Properties, Inc. and subsidiaries, is a Delaware corporation organized in 1972.
Fair value unattractive dividend payer.
Share Price & News
How has HMG/Courtland Properties's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HMG has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: HMG underperformed the US REITs industry which returned 12.8% over the past year.
Return vs Market: HMG underperformed the US Market which returned 10.5% over the past year.
Price Volatility Vs. Market
How volatile is HMG/Courtland Properties's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StHMG/Courtland Properties (NYSEMKT:HMG) Shareholders Have Enjoyed A 32% Share Price Gain
4 months ago | Simply Wall StCan You Imagine How HMG/Courtland Properties's (NYSEMKT:HMG) Shareholders Feel About The 28% Share Price Increase?
6 months ago | Simply Wall StCould The HMG/Courtland Properties, Inc. (NYSEMKT:HMG) Ownership Structure Tell Us Something Useful?
Is HMG/Courtland Properties undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HMG ($12.85) is trading below our estimate of fair value ($36.27)
Significantly Below Fair Value: HMG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HMG is unprofitable, so we can't compare its PE Ratio to the REITs industry average.
PE vs Market: HMG is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HMG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HMG is good value based on its PB Ratio (0.6x) compared to the US REITs industry average (2x).
How is HMG/Courtland Properties forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as HMG/Courtland Properties has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether HMG/Courtland Properties is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- HMG/Courtland Properties competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
How has HMG/Courtland Properties performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HMG is currently unprofitable.
Growing Profit Margin: HMG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: HMG is unprofitable, but has reduced losses over the past 5 years at a rate of 36.7% per year.
Accelerating Growth: Unable to compare HMG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HMG is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (5.9%).
Return on Equity
High ROE: HMG has a negative Return on Equity (-0.71%), as it is currently unprofitable.
How is HMG/Courtland Properties's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: HMG has a low level of unsold assets or inventory.
Debt Coverage by Assets: HMG's debt is covered by short term assets (assets are 21.5x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: HMG has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: HMG has been profitable on average in the past, therefore cash runway is not a concern.
Financial Institutions Analysis
Asset Level: HMG's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if HMG has a sufficient allowance for bad loans.
Low Risk Liabilities: HMG reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if HMG has an acceptable proportion of non-loan assets held.
Low Risk Deposits: HMG has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if HMG has an appropriate level of bad loans.
What is HMG/Courtland Properties's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HMG's dividend (23.35%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: HMG's dividend (23.35%) is in the top 25% of dividend payers in the US market (3.9%)
Stability and Growth of Payments
Stable Dividend: HMG has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: HMG has only been paying a dividend for 6 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: HMG is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Maurice Wiener (78yo)
Mr. Maurice A. Wiener has been Chairman of the Board of Directors and the Chief Executive Officer of HMG/Courtland Properties, Inc. since 1974 and also has been its President since 2014 and also serves as ...
|Chairman of the Board||46.1yrs||US$20.00k||2.64% $360.6k|
|Independent Director||9.8yrs||US$18.75k||0.30% $40.5k|
|Independent Director||4.3yrs||US$18.75k||0.30% $40.5k|
|Independent Director||3.9yrs||US$15.75k||0.14% $18.9k|
Experienced Board: HMG's board of directors are considered experienced (7.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
HMG/Courtland Properties, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: HMG/Courtland Properties, Inc.
- Ticker: HMG
- Exchange: AMEX
- Founded: 1971
- Industry: Retail REITs
- Sector: Real Estate
- Market Cap: US$13.669m
- Shares outstanding: 1.01m
- Website: https://www.hmgcourtland.com
- HMG/Courtland Properties, Inc.
- 1870 South Bayshore Drive
- Coconut Grove
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HMG||AMEX (NYSE MKT LLC)||Yes||Common Stock||US||USD||Nov 1972|
|H2M||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Nov 1972|
HMG/Courtland Properties, Inc. and subsidiaries, is a Delaware corporation organized in 1972. The Company’s business is the ownership and management of income-producing commercial properties and it will consider other investments if they offer growth or profit potential.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/27 00:54|
|End of Day Share Price||2020/02/26 00:00|
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.