HOME PPTYS INC is traded at NYSE and is a member of the following Indexes: S&P 600 SmallCap, S&P 1500 Super Comp. HOME PPTYS INC is a part of the REIT - Residential industry, inside the Financial sector, it has 1,200 full time employees. The average volume of HOME PPTYS INC is: 918,843. It has a market cap of 1.31B, It's last calculated p/e is: 22.72 and it's Earn-Per-Share is (EPS): 1.79. In the last 52 weeks, it's lowest price was: 24.93, it's highest price was: 60.39. This company's biggest competitors are: Host Hotels & Resorts Inc., Simon Property Group Inc., Equity Residential, Apartment Investment & Management Co., Vornado Realty Trust, Boston Properties Inc., FelCor Lodging Trust Inc..
HOME PPTYS INC contact information is:
850 Clinton Square Rochester, NY 14604 United States
This is anOverpriced supply. It made some cash in a warm market. Wall StreetHas cost this supply well after it's factual worth (property worth, less debt). To worth this business any other wayIs not genuine land parcel buying into, but untamed speculation. From CNN:http://money.cnn.com/2006/08/15/real_est...
Yaawn, another all time high n/a
My difficulty is now i anticipate this supply to extend its up tendency indefinately. what's occurrence is persons glimpse a P/E under 13And they leap on the train.If HME canStart to get some nationwide newspapers treatment we'll be all set.But i'm starting to believe that the large-scale young men disregard this one just likeGold and silver.
HIGH P/E,s n/a
I was in this2 yrs before,when P/E was smaller,it examines like a misfortune waiting to occur now,when rates start increasing,when organisations start departing gaze out below.
newbie question n/a
To those ofYou who understand this business well, is itIn good form financially? Would you state it would fit thePortfolio of a left individual searching earnings and reduced risk?
Div Inc due to cap rates? n/a
From HME press issue of 11-02:"The Board expanded Home Properties' widespread bonus founded on its self-assurance in the Company'sFuture presentation which will outcome in part from aMore favorable functioning natural environment than weHave glimpsed in latest years," said Edward J.Pettinella, HME's CEO."The Board's optimism reflectsThe boost in the underlying worth of our propertiesAnd the boost in snare asset worth as hat rates have declined.It is furthermore founded on the achievement of our repositioning enterprise scheme, steady geographic markets and powerful balance sheet."I am at a decrease in comprehending how reduced hat rates would origin [or even assist]A div boost. I get the attachment between hat rates and NAV. AndI can glimpse that - all otherThings being identical - there shouldBe a affirmative association between NAV and yieldOver the long term.I can glimpse how increasing residence, increasing leases, increasing FFO/share in general, shrinkingInterest rates [which smaller liability expesne], etc .. assist to a increasing div. I would believe that only those pieces that boost money flow would finally boost dividends. And NAV rises due to hat rate decline is a valuationChange thatIs cash-flow neutral.
The RMS is certain roaring, and HME alongWith it. I'm pleased I augmented my place a bit yesterday forenoon, whereas I had wanted to purchase more after I increased some money elsewhere. bear9
Westwood Village Sucks n/a
The administration in Westwood Village, oneOf HME’s properties inNew York, sucks. Three womenIn the agency do not anything but lying. They heal each tenant completely distinctly, not identically, not equitably, and not friendly. TheyDon’t care tenants’ accusations, they don’t careThe confrontations between tenants, andThey don’t careThe community. The community examines like a zooAnd stinks like a zoo.You’d findFleas in all the structures, you’d glimpse wander cats universal, and you’d glimpse some luxury suites like cages inA zoo.Here are my advices:1. If you haveHME supply, deal it. If you design to purchase it, overlook it. With such administration, the business, as well asIts supply, is vulnerable. TheTenants willMove away and regulation matches against the business are inevitable.2. If you design to lease, proceed somewhere additional, except you desire allotments of headaches andTo battle those 3 women everyday.
The 2% discount is ending immediately n/a
I just obtained in the posted letters yesterday a observe that as of Dec.10, 2004, there willNo longer be a 2%Discount on portions bought through the self-acting buy design OR for reinvestedDividends. They saidIt didn't make senseTo purchase back portions at market cost while proposing new portions at a discount.I'm let down as that wasFree cash and I believe I'm going to halt the self-acting investments now.
Well bag-holders, it examines like HME utilised their buyback administration to prop upThe share cost long sufficient to cost out those 3Million portions. Powerful persons trading those portions certain obtained many of help fromThe company.What has HME finished for you? DidYou purchase at 52+?If you did, thanks!Darth ShorterPurveyor of VolatilityDestroyer of Manipulated Reit StocksRuler of OctoberFest (inMay)
Buyout chances? n/a
With the male siblings premier this firm close to 68 yrs ofAge, does any person anticipate a buyout offer fromAnother REIT? Pretty powerful supply today. The 10Yr TreasuryAt 3.42% is a foremost positive. Any others?