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New England Realty Associates Limited Partnership

AMEX:NEN
Snowflake Description

Acceptable track record unattractive dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NEN
AMEX
$232M
Market Cap
  1. Home
  2. US
  3. Real Estate
Company description

New England Realty Associates Limited Partnership engages in acquiring, developing, holding for investment, operating, and selling real estate properties in the United States. The last earnings update was 40 days ago. More info.


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NEN Share Price and Events
7 Day Returns
-2.6%
AMEX:NEN
-1.2%
US Real Estate
-0.8%
US Market
1 Year Returns
-7.1%
AMEX:NEN
-11.1%
US Real Estate
7%
US Market
NEN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
New England Realty Associates Limited Partnership (NEN) -2.6% -0% 6.2% -7.1% 14.3% 40.3%
US Real Estate -1.2% 5% 8.3% -11.1% 23.4% 15.8%
US Market -0.8% 2.7% 7.5% 7% 37.9% 47%
1 Year Return vs Industry and Market
  • NEN outperformed the Real Estate industry which returned -11.1% over the past year.
  • NEN underperformed the Market in United States of America which returned 7% over the past year.
Price Volatility
NEN
Industry
5yr Volatility vs Market

NEN Value

 Is New England Realty Associates Limited Partnership undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of New England Realty Associates Limited Partnership to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for New England Realty Associates Limited Partnership.

AMEX:NEN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 13.9%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for AMEX:NEN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Real Estate Unlevered Beta Simply Wall St/ S&P Global 1.23
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.233 (1 + (1- 21%) (109.72%))
1.872
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.87
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.872 * 5.96%)
13.89%

Discounted Cash Flow Calculation for AMEX:NEN using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for New England Realty Associates Limited Partnership is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

AMEX:NEN DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 13.89%)
2019 27.32 Est @ 6.59% 23.99
2020 28.81 Est @ 5.44% 22.21
2021 30.14 Est @ 4.62% 20.40
2022 31.36 Est @ 4.06% 18.64
2023 32.51 Est @ 3.66% 16.97
2024 33.61 Est @ 3.38% 15.40
2025 34.68 Est @ 3.18% 13.95
2026 35.73 Est @ 3.05% 12.62
2027 36.79 Est @ 2.95% 11.41
2028 37.85 Est @ 2.89% 10.31
Present value of next 10 years cash flows $165.91
AMEX:NEN DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $37.85 × (1 + 2.73%) ÷ (13.89% – 2.73%)
$348.46
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $348.46 ÷ (1 + 13.89%)10
$94.91
AMEX:NEN Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $165.91 + $94.91
$260.82
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $260.82 / 3.68
$70.88
AMEX:NEN Discount to Share Price
Calculation Result
Value per share (USD) From above. $70.88
Current discount Discount to share price of $63.00
= -1 x ($63.00 - $70.88) / $70.88
11.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price New England Realty Associates Limited Partnership is available for.
Intrinsic value
11%
Share price is $63 vs Future cash flow value of $70.88
Current Discount Checks
For New England Realty Associates Limited Partnership to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • New England Realty Associates Limited Partnership's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • New England Realty Associates Limited Partnership's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for New England Realty Associates Limited Partnership's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are New England Realty Associates Limited Partnership's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AMEX:NEN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $1.12
AMEX:NEN Share Price ** AMEX (2019-04-22) in USD $63
United States of America Real Estate Industry PE Ratio Median Figure of 28 Publicly-Listed Real Estate Companies 16.85x
United States of America Market PE Ratio Median Figure of 3,080 Publicly-Listed Companies 18.21x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of New England Realty Associates Limited Partnership.

AMEX:NEN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AMEX:NEN Share Price ÷ EPS (both in USD)

= 63 ÷ 1.12

56.39x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • New England Realty Associates Limited Partnership is overvalued based on earnings compared to the US Real Estate industry average.
  • New England Realty Associates Limited Partnership is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does New England Realty Associates Limited Partnership's expected growth come at a high price?
Raw Data
AMEX:NEN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 56.39x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Real Estate Industry PEG Ratio Median Figure of 12 Publicly-Listed Real Estate Companies 1.73x
United States of America Market PEG Ratio Median Figure of 2,109 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for New England Realty Associates Limited Partnership, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on New England Realty Associates Limited Partnership's assets?
Raw Data
AMEX:NEN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $-9.45
AMEX:NEN Share Price * AMEX (2019-04-22) in USD $63
United States of America Real Estate Industry PB Ratio Median Figure of 54 Publicly-Listed Real Estate Companies 1.54x
United States of America Market PB Ratio Median Figure of 5,186 Publicly-Listed Companies 1.91x
AMEX:NEN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AMEX:NEN Share Price ÷ Book Value per Share (both in USD)

= 63 ÷ -9.45

-6.67x

* Primary Listing of New England Realty Associates Limited Partnership.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • New England Realty Associates Limited Partnership has negative assets, we can't compare the value of its assets to the US Real Estate industry average.
X
Value checks
We assess New England Realty Associates Limited Partnership's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check)
  5. New England Realty Associates Limited Partnership has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

NEN Future Performance

 How is New England Realty Associates Limited Partnership expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 New England Realty Associates Limited Partnership 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
10.3%
Expected Real Estate industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is New England Realty Associates Limited Partnership expected to grow at an attractive rate?
  • Unable to compare New England Realty Associates Limited Partnership's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare New England Realty Associates Limited Partnership's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare New England Realty Associates Limited Partnership's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
AMEX:NEN Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Real Estate Industry Earnings Growth Rate Market Cap Weighted Average 10.3%
United States of America Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 9.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.5%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
AMEX:NEN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AMEX:NEN Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 60 26 4
2018-09-30 59 20 4
2018-06-30 59 17 4
2018-03-31 58 16 7
2017-12-31 57 24 7
2017-09-30 55 22 7
2017-06-30 54 20 7
2017-03-31 52 16 6
2016-12-31 51 19 5
2016-09-30 51 14 5
2016-06-30 49 14 4
2016-03-31 48 15 5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if New England Realty Associates Limited Partnership is high growth as no earnings estimate data is available.
  • Unable to determine if New England Realty Associates Limited Partnership is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AMEX:NEN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from New England Realty Associates Limited Partnership Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AMEX:NEN Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 1.12
2018-09-30 1.15
2018-06-30 1.20
2018-03-31 1.85
2017-12-31 1.86
2017-09-30 1.81
2017-06-30 1.90
2017-03-31 1.50
2016-12-31 1.32
2016-09-30 1.23
2016-06-30 1.19
2016-03-31 1.22

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if New England Realty Associates Limited Partnership will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. New England Realty Associates Limited Partnership's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Real Estate companies here
  2. New England Realty Associates Limited Partnership's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess New England Realty Associates Limited Partnership's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
New England Realty Associates Limited Partnership has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

NEN Past Performance

  How has New England Realty Associates Limited Partnership performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare New England Realty Associates Limited Partnership's growth in the last year to its industry (Real Estate).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • New England Realty Associates Limited Partnership has delivered over 20% year on year earnings growth in the past 5 years.
  • New England Realty Associates Limited Partnership's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • New England Realty Associates Limited Partnership's 1-year earnings growth is negative, it can't be compared to the US Real Estate industry average.
Earnings and Revenue History
New England Realty Associates Limited Partnership's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from New England Realty Associates Limited Partnership Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AMEX:NEN Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 59.65 4.17 2.20
2018-09-30 59.37 4.28 2.11
2018-06-30 58.70 4.49 2.11
2018-03-31 58.48 6.92 2.02
2017-12-31 56.73 6.94 2.01
2017-09-30 54.99 6.78 2.14
2017-06-30 53.51 7.12 2.14
2017-03-31 52.20 5.61 2.13
2016-12-31 51.34 4.95 2.10
2016-09-30 50.51 4.61 2.05
2016-06-30 48.96 4.48 2.03
2016-03-31 47.70 4.59 2.06
2015-12-31 46.35 3.77 2.10
2015-09-30 44.78 3.17 2.09
2015-06-30 43.88 2.28 2.13
2015-03-31 43.10 1.46 2.21
2014-12-31 42.31 1.02 2.21
2014-09-30 41.64 0.75 2.16
2014-06-30 40.74 0.54 2.07
2014-03-31 38.90 1.05 2.19
2013-12-31 37.20 1.96 2.12
2013-09-30 35.68 2.84 2.06
2013-06-30 34.43 3.64 2.07
2013-03-31 34.05 3.87 1.78
2012-12-31 33.68 3.60 1.81
2012-09-30 33.25 2.97 1.82
2012-06-30 33.07 2.66 1.77

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if New England Realty Associates Limited Partnership has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • New England Realty Associates Limited Partnership used its assets more efficiently than the US Real Estate industry average last year based on Return on Assets.
  • New England Realty Associates Limited Partnership has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess New England Realty Associates Limited Partnership's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
New England Realty Associates Limited Partnership has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

NEN Health

 How is New England Realty Associates Limited Partnership's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up New England Realty Associates Limited Partnership's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • New England Realty Associates Limited Partnership's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • New England Realty Associates Limited Partnership's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of New England Realty Associates Limited Partnership's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • New England Realty Associates Limited Partnership has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from New England Realty Associates Limited Partnership Company Filings, last reported 3 months ago.

AMEX:NEN Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 -35.62 254.37 9.06
2018-09-30 -36.08 257.78 9.23
2018-06-30 -35.62 262.19 9.89
2018-03-31 -34.56 278.58 4.83
2017-12-31 -35.32 250.22 7.24
2017-09-30 -32.38 258.62 14.91
2017-06-30 -32.13 211.93 10.95
2017-03-31 -33.49 212.32 7.82
2016-12-31 -34.22 212.71 7.46
2016-09-30 -30.89 213.09 7.87
2016-06-30 -31.17 214.13 7.89
2016-03-31 -31.21 214.31 6.17
2015-12-31 -30.81 219.50 10.30
2015-09-30 -30.15 220.97 9.16
2015-06-30 -29.64 196.01 15.41
2015-03-31 -29.13 196.04 14.04
2014-12-31 -27.37 196.07 14.02
2014-09-30 -25.88 196.10 13.74
2014-06-30 -24.47 195.63 12.61
2014-03-31 -23.23 195.07 10.99
2013-12-31 -21.85 198.52 14.01
2013-09-30 -21.12 191.97 5.26
2013-06-30 -19.50 131.67 3.29
2013-03-31 -22.99 133.87 3.38
2012-12-31 -22.52 138.06 6.98
2012-09-30 -22.42 138.34 5.32
2012-06-30 -21.68 138.61 5.18
  • New England Realty Associates Limited Partnership has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if New England Realty Associates Limited Partnership's debt level has increased considering it has negative shareholder equity.
  • Debt is not well covered by operating cash flow (10.1%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.3x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess New England Realty Associates Limited Partnership's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. New England Realty Associates Limited Partnership has a total score of 0/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

NEN Dividends

 What is New England Realty Associates Limited Partnership's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.03%
Current annual income from New England Realty Associates Limited Partnership dividends.
If you bought $2,000 of New England Realty Associates Limited Partnership shares you are expected to receive $41 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • New England Realty Associates Limited Partnership's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.39%).
  • New England Realty Associates Limited Partnership's dividend is below the markets top 25% of dividend payers in United States of America (3.62%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AMEX:NEN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 18 Stocks 2.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2008 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

AMEX:NEN Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-01-09 1.280 2.112
2018-11-29 1.200 2.116
2018-09-10 2.150 3.404
2018-05-30 2.150 3.219
2018-05-09 2.150 3.218
2018-03-15 2.150 3.108
2017-10-24 2.140 2.961
2017-08-30 1.200 1.710
2017-08-14 1.200 1.703
2017-08-09 1.200 1.692
2017-01-13 1.200 1.793
2016-10-27 1.000 1.639
2016-08-29 1.000 1.658
2016-06-01 1.000 1.655
2016-02-16 1.000 1.880
2015-11-20 1.000 1.988
2015-08-25 1.000 2.036
2015-05-26 1.000 2.044
2015-02-27 1.000 2.048
2014-11-26 1.000 2.054
2014-08-28 1.000 2.099
2014-06-02 1.000 2.039
2014-05-08 1.000 2.151
2013-11-27 1.000 2.200
2013-08-28 1.000 2.225
2013-06-03 1.000 2.362
2013-02-27 1.000 2.581
2012-11-29 1.000 3.198
2012-08-28 1.000 3.481
2012-06-01 1.000 3.683
2012-01-17 1.000 3.685
2011-11-30 0.933 3.870
2011-11-15 0.933 3.870
2011-09-01 0.933 4.277
2011-08-15 0.933 4.161
2011-06-01 0.933 4.038
2011-05-13 0.933 4.130
2011-03-02 0.933 4.207
2010-11-30 0.933 4.196
2010-11-12 0.933 4.290
2010-09-01 0.933 4.300
2010-08-13 0.933 4.549
2010-06-02 0.933 4.522
2010-05-10 0.933 4.487
2010-03-01 0.933 4.554
2009-12-03 0.933 5.241
2009-11-09 0.933 5.180
2009-09-01 0.933 5.165
2009-08-07 0.933 5.260
2009-06-01 0.933 5.484
2009-05-11 0.933 5.190
2009-04-23 0.933 4.850

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of New England Realty Associates Limited Partnership's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.9x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess New England Realty Associates Limited Partnership's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can New England Realty Associates Limited Partnership afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. New England Realty Associates Limited Partnership has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

NEN Management

 What is the CEO of New England Realty Associates Limited Partnership's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • New England Realty Associates Limited Partnership has no CEO, or we have no data on them.
Management Team

Ronald Brown

TITLE
President & Director of NewReal Inc
AGE
82
TENURE
35.3 yrs

Jameson Brown

TITLE
Treasurer
AGE
30
TENURE
0.2 yrs
Board of Directors Tenure

Average tenure and age of the New England Realty Associates Limited Partnership board of directors in years:

12.3
Average Tenure
65.5
Average Age
  • The average tenure for the New England Realty Associates Limited Partnership board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Ronald Brown

TITLE
President & Director of NewReal Inc
AGE
82
TENURE
35.3 yrs

Jameson Brown

TITLE
Treasurer
AGE
30
TENURE
0.4 yrs

Guilliaem Aertsen

TITLE
Director of NewReal Inc
AGE
70
TENURE
17.1 yrs

Robert Nahigian

TITLE
Member of Advisory Committee
AGE
62

David Aloise

TITLE
Director of NewReal Inc
AGE
63
TENURE
12.3 yrs

Eunice Harps

TITLE
Director of NewReal Inc
AGE
68
TENURE
5.3 yrs

David Ross

TITLE
Member of Advisory Committee
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by New England Realty Associates Limited Partnership insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
22. Mar 19 Buy Ronald Brown Individual 20. Mar 19 20. Mar 19 500 $65.00 $32,500
21. May 18 Buy Carl Valeri Individual 16. May 18 16. May 18 100 $66.90 $6,690
03. May 18 Buy Carl Valeri Individual 02. May 18 02. May 18 100 $68.00 $6,800
X
Management checks
We assess New England Realty Associates Limited Partnership's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. New England Realty Associates Limited Partnership has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

NEN News

Simply Wall St News

If You Had Bought New England Realty Associates Limited Partnership (NYSEMKT:NEN) Stock Five Years Ago, You Could Pocket A 42% Gain Today

But New England Realty Associates Limited Partnership (NYSEMKT:NEN) has fallen short of that second goal, with a share price rise of 42% over five years, which is below the market return. … See our latest analysis for New England Realty Associates Limited Partnership. … During five years of share price growth, New England Realty Associates Limited Partnership achieved compound earnings per share (EPS) growth of 17% per year.

Simply Wall St -

Should New England Realty Associates Limited Partnership (NYSEMKT:NEN) Be Part Of Your Income Portfolio?

Historically, New England Realty Associates Limited Partnership (NYSEMKT:NEN) has paid dividends to shareholders, and these days it yields 2.2%. … Let's dig deeper into whether New England Realty Associates Limited Partnership should have a place in your portfolio. … View our latest analysis for New England Realty Associates Limited Partnership

Simply Wall St -

Should We Worry About New England Realty Associates Limited Partnership's (NYSEMKT:NEN) P/E Ratio?

We'll look at New England Realty Associates Limited Partnership's (NYSEMKT:NEN) P/E ratio and reflect on what it tells us about the company's share price. … Based on the last twelve months, New England Realty Associates Limited Partnership's P/E ratio is 47.11. … Check out our latest analysis for New England Realty Associates Limited Partnership?

Simply Wall St -

Is New England Realty Associates Limited Partnership (NYSEMKT:NEN) A Great Dividend Stock?

Historically, New England Realty Associates Limited Partnership (NYSEMKT:NEN) has been paying a dividend to shareholders. … Let's take a look at New England Realty Associates Limited Partnership in more detail. … Check out our latest analysis for New England Realty Associates Limited Partnership

Simply Wall St -

Who Owns Most Of New England Realty Associates Limited Partnership (NYSEMKT:NEN)?

In this article, I will take a quick look at New England Realty Associates Limited Partnership’s (NYSEMKT:NEN) recent ownership structure – an unconventional investing subject, but an important one. … The impact of a company's ownership structure affects both its short- and long-term performance. … View our latest analysis for New England Realty Associates Limited Partnership

Simply Wall St -

Should New England Realty Associates Limited Partnership (NYSEMKT:NEN) Be Part Of Your Portfolio?

In the past 10 years New England Realty Associates Limited Partnership (NYSEMKT:NEN) has returned an average of 3.00% per year to investors in the form of dividend payouts. … Let's dig deeper into whether New England Realty Associates Limited Partnership should have a place in your portfolio. … View out our latest analysis for New England Realty Associates Limited Partnership

Simply Wall St -

New England Realty Associates Limited Partnership (NYSEMKT:NEN): Ex-Dividend Is In 5 Days, Should You Buy?

If you are interested in cashing in on New England Realty Associates Limited Partnership's (NYSEMKT:NEN) upcoming dividend of $0.30 per share, you only have 5 days left to buy the shares before its ex-dividend date, 14 June 2018, in time for dividends payable on the 29 June 2018. … Below, I will explain how holding New England Realty Associates Limited Partnership can impact your portfolio income stream, by analysing the stock's most recent financial data and dividend attributes. … See our latest analysis for New England Realty Associates Limited Partnership?

Simply Wall St -

Best AMEX Real Estate Dividend Picks For The Day

During these times, companies such as New England Realty Associates Limited Partnership and Urstadt Biddle Properties generate high dividend income to shareholders. … New England Realty Associates Limited Partnership (AMEX:NEN) NEN has a wholesome dividend yield of 3.29% and distributes 64.69% of its earnings to shareholders as dividends. … AMEX:NEN Historical Dividend Yield May 28th 18 Urstadt Biddle Properties Inc.

Simply Wall St -

Who Owns Most Of New England Realty Associates Limited Partnership (NYSEMKT:NEN)?

In this analysis, my focus will be on developing a perspective on New England Realty Associates Limited Partnership’s (AMEX:NEN) latest ownership structure, a less discussed, but important factor. … Insider Ownership Another important group of shareholders are company insiders. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors.

Simply Wall St -

Is New England Realty Associates Limited Partnership (NYSEMKT:NEN) An Attractive Dividend Stock?

New England Realty Associates Limited Partnership (AMEX:NEN) has returned to shareholders over the past 10 years, an average dividend yield of 3.00% annually. … View our latest analysis for New England Realty Associates Limited Partnership 5 questions to ask before buying a dividend stock Whenever I am looking at a potential dividend stock investment, I always check these five metrics: Is its annual yield among the top 25% of dividend-paying companies? … In terms of its peers, New England Realty Associates Limited Partnership produces a yield of 3.15%, which is on the low-side for Real Estate stocks.Next Steps: With these dividend metrics in mind, I definitely rank New England Realty Associates Limited Partnership as a strong income stock, and is worth further research for anyone who considers dividends an important part of their portfolio strategy.

Simply Wall St -

NEN Company Info

Description

New England Realty Associates Limited Partnership engages in acquiring, developing, holding for investment, operating, and selling real estate properties in the United States. It owns and operates various residential apartment buildings, condominium units, and commercial properties located in Massachusetts and New Hampshire. As of February 1, 2019, the company owned 2,711 residential apartment units in 23 residential and mixed-use complexes, and 19 condominium units in a residential condominium complex located primarily in the metropolitan Boston area of Massachusetts. It also owned 1 commercial shopping center in Framingham, Massachusetts; 1 commercial building in Newton and 1 in Brookline, Massachusetts; commercial space in mixed-use buildings in Boston, Brockton, and Newton, Massachusetts; and 40% to 50% ownership interest in 8 residential and mixed use complexes with a total of 691 residential units, 1 commercial unit, and a 50 car parking lot. NewReal, Inc. serves as the general partner of the company. New England Realty Associates Limited Partnership was founded in 1977 and is headquartered in Allston, Massachusetts.

Details
Name: New England Realty Associates Limited Partnership
NEN
Exchange: AMEX
Founded: 1977
$231,827,841
3,679,807
Website: http://www.thehamiltoncompany.com/default.aspx?matrix=31
Address: New England Realty Associates Limited Partnership
39 Brighton Avenue,
Allston,
Massachusetts, 02134,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AMEX NEN DEPOSITRY RCPT NYSE MKT LLC US USD 19. Nov 1987
Number of employees
Current staff
Staff numbers
0
New England Realty Associates Limited Partnership employees.
Industry
Real Estate Operating Companies
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 23:50
End of day share price update: 2019/04/22 00:00
Last earnings filing: 2019/03/13
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.