Firm Capital Apartment Real Estate Investment Trust operates as a multi-residential real estate investment company in the United States. It owns interest in approximately 1,846 apartment units located in Florida, Connecticut, Texas, New York, New Jersey, Georgia, and Maryland; and provides preferred capital secured by multi-family residential real estate properties. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Firm Capital American Realty Partners Trust and changed its name to Firm Capital Apartment Real Estate Investment Trust in September 2020. Firm Capital Apartment Real Estate Investment Trust is headquartered in Toronto, Canada.
Research context
Firm Capital Apartment Real Estate Investment Trust appears in PyInvesting’s TSX Venture Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- USD
- Sector
- Real Estate
- Industry
- REIT-Residential
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5 years, 6 months ago
Firm Capital Apartment Real Estate Investment Trust is currently in a long term uptrend where the price is trading 32.6% above its 200 day moving average.
From a valuation standpoint, the stock is 79.8% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 11.4.
Firm Capital Apartment Real Estate Investment Trust's total revenue sank by 2.5% to $1M since the same quarter in the previous year.
Its net income has dropped by 29.7% to $2M since the same quarter in the previous year.
Finally, its free cash flow fell by 152.3% to $-2M since the same quarter in the previous year.
Based on the above factors, Firm Capital Apartment Real Estate Investment Trust gets an overall score of 2/5.