Post Properties Announces Second Quarter 2016 Earnings
BusinessWire - Mon Aug 01, 3:15PM CDT
Post Properties, Inc. (NYSE: PPS) announced today net income available to common shareholders of $21.1 million, or $0.39 per diluted share, for the second quarter of 2016, compared to $18.7 million, or $0.34 per diluted share, for the second quarter of 2015.
PPS: 62.47 (-0.28)
Residential REITs' Q2 Earnings on Aug 1: EDR, PPS, APTS
Zacks Equity Research - Zacks Investment Research - Fri Jul 29, 9:42AM CDT
The residential REIT category of the real estate investment trust (REIT) space has been witnessing quite an eventful week of the Q2 Earnings season.
APTS: 14.36 (-0.08), PPS: 62.47 (-0.28), EDR: 47.17 (-0.83)
Equity Residential (EQR) Misses in Q2, Cuts Revenue Outlook
Zacks Equity Research - Zacks Investment Research - Wed Jul 27, 2:03PM CDT
High disposition activity in 2016 has led to a decline in Equity Residential's (EQR) normalized funds from operations (FFO) per share for second-quarter 2016.
SIR: 26.98 (+0.14), PPS: 62.47 (-0.28), MAA: 102.56 (-0.47), EQR: 66.24 (+0.23)
Select Income (SIR) Increases Dividend by 2%, Shares Up
Zacks Equity Research - Zacks Investment Research - Thu Jul 14, 7:58AM CDT
Ushering in good news for its shareholders, Select Income REIT (SIR) announced a 2.0% hike in its monthly cash dividend on Tuesday.
SIR: 26.98 (+0.14), AHH: 13.99 (-0.04), PPS: 62.47 (-0.28), ELS: 80.05 (-1.04)
5 Residential REITs Thriving on Rising Rents
Zacks Equity Research - Zacks Investment Research - Mon Jul 11, 8:56AM CDT
The residential real estate investment trust industry is on an uphill journey with substantially strong rent growth in the second quarter.
AHH: 13.99 (-0.04), APTS: 14.36 (-0.08), PPS: 62.47 (-0.28), SBY: 18.31 (+0.40), MAA: 102.56 (-0.47)
EdR Starts Building Residential Hall at Shepherd University
Zacks Equity Research - Zacks Investment Research - Thu Jun 23, 7:13AM CDT
With a grand ceremony, EdR (EDR) unveiled the beginning of construction of a residential hall at Shepherd University in Shepherdstown, W.Va.
RJF: 54.41 (unch), PPS: 62.47 (-0.28), ELS: 80.05 (-1.04), EDR: 47.17 (-0.83)
Downgrade Alert for Post Properties (PPS)
Comtex SmarTrend(R) - Thu Jun 23, 3:06AM CDT
Post Properties (NYSE
PPS: 62.47 (-0.28)
Post Properties Announces Quarterly Dividendsand Announces Annual Shareholders Meeting Results
BusinessWire - Wed May 25, 2:10PM CDT
Post Properties, Inc. (NYSE: PPS), an Atlanta-based real estate investment trust, today announced that at a meeting earlier today, the Board declared quarterly dividends on its common stock of $0.47 per share for the second quarter of 2016. The dividend is payable on July 15, 2016, to all common shareholders of record as of June 30, 2016.
PPS: 62.47 (-0.28)
Post Properties Announces Christopher J. Papa to Step Down as Chief Financial Officer
BusinessWire - Mon May 09, 4:00PM CDT
Post Properties, Inc. (NYSE
LPT: 40.20 (-0.20), PPS: 62.47 (-0.28)
Post Properties reports 1Q results
Automated Insights - Mon May 02, 3:55PM CDT
ATLANTA (AP) _ Post Properties Inc. (PPS) on Monday reported a key measure of profitability in its first quarter. The results exceeded Wall Street expectations.
PPS: 62.47 (-0.28)
Post Properties Announces First Quarter 2016 Earnings
BusinessWire - Mon May 02, 3:15PM CDT
Post Properties, Inc. (NYSE: PPS) announced today net income available to common shareholders of $19.2 million, or $0.36 per diluted share, for the first quarter of 2016, compared to $19.0 million, or $0.35 per diluted share, for the first quarter of 2015. Net income for the first quarter of 2015 included a gain on the sale of a retail condominium of $1.8 million, or $0.03 per diluted share.
PPS: 62.47 (-0.28)
Georgia Power recognizes Post Properties for commitment to electric vehicles
PR Newswire - Wed Apr 27, 2:00PM CDT
Leaders from Georgia Power and Post Properties joined together at a special event at Post's Atlanta headquarters. At the event, which also included electric vehicle (EV) test drives and sustainability focused activities including urban gardening, Georgia Power recognized the premier residential apartment company for its commitment to EVs. Following the installation of 75 EV charging stations at 15 Atlanta-area properties, Post received a rebate check for $71,500 from Georgia Power. Post's initiative is the single largest charging project undertaken by any multi-family housing organization in Atlanta to date.
PPS: 62.47 (-0.28), SO: 53.05 (+0.01)
Essex Property Announces Pricing of Senior Unsecured Notes
Zacks Equity Research - Zacks Investment Research - Tue Apr 05, 10:50AM CDT
Essex Property Trust Inc. (ESS) announced that its operating partnership, Essex Portfolio, L.P. has priced $450 million senior unsecured notes.
SIR: 26.98 (+0.14), ESS: 229.46 (-0.97), PPS: 62.47 (-0.28), MAA: 102.56 (-0.47)
Post Announces Date of First Quarter 2016 Earnings Release and Conference Call
BusinessWire - Fri Apr 01, 5:30AM CDT
Post Properties, Inc. (NYSE: PPS) will release its first quarter earnings after the market closes on Monday, May 2, and hold its quarterly conference call on Tuesday, May 3, at 10:00 a.m. ET.
PPS: 62.47 (-0.28)
UDR Rewards Investors with 6% Hike in Annualized Dividend
Zacks Equity Research - Zacks Investment Research - Mon Mar 28, 2:35PM CDT
Ushering in good news for its shareholders, UDR Inc. (UDR) declared a 6% annualized common dividend increase for 2016.
UDR: 36.90 (-0.09), ESS: 229.46 (-0.97), PPS: 62.47 (-0.28), MAA: 102.56 (-0.47)
Sun Communities (SUI) to Acquire Carefree from Centerbridge
Zacks Equity Research - Zacks Investment Research - Thu Mar 24, 2:10PM CDT
Sun Communities Inc. (SUI) has inked a deal to acquire Carefree Communities Inc., from Centerbridge Capital Partners II, L.P. and its related bodies.
SUI: 77.34 (-0.66), ESS: 229.46 (-0.97), PPS: 62.47 (-0.28), MAA: 102.56 (-0.47)
Post Properties Announces Fourth Quarter 2015 EarningsAnnounces Development of Post Centennial Park(TM) in Atlanta, GeorgiaAnnounces Earnings Guidance for 2016
BusinessWire - Thu Feb 04, 3:35PM CST
Post Properties, Inc. (NYSE: PPS) announced today net income available to common shareholders of $20.0 million, or $0.37 per diluted share, for the fourth quarter of 2015, compared to $18.5 million, or $0.34 per diluted share, for the fourth quarter of 2014.
PPS: 62.47 (-0.28)
Post Properties Announces Estimated Income Tax Characteristics of 2015 Dividends
BusinessWire - Mon Jan 18, 4:01PM CST
Post Properties, Inc. (NYSE: PPS) announced today how it expects its 2015 dividends to be classified for federal income tax purposes. The dividend classifications are shown on the attached chart. Of special note is that for tax reporting purposes, the common stock dividend payable on January 15, 2016 is taxable in year 2016. This release is based on the preliminary results of work on the Company's tax filings and is subject to correction or adjustment when the filings are completed.
PPS: 62.47 (-0.28)