Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Equity to Asset 0.37
HME's Equity to Asset is ranked higher than
56% of the 590 Companies
in the Global REIT - Residential industry.

( Industry Median: 0.49 vs. HME: 0.37 )
HME' s 10-Year Equity to Asset Range
Min: 0.2   Max: 0.55
Current: 0.37

0.2
0.55
Interest Coverage 0.96
HME's Interest Coverage is ranked higher than
50% of the 509 Companies
in the Global REIT - Residential industry.

( Industry Median: 2.37 vs. HME: 0.96 )
HME' s 10-Year Interest Coverage Range
Min: 0.22   Max: 2.08
Current: 0.96

0.22
2.08
F-Score: 6
Z-Score: 0.69
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry
vs
history
Operating margin (%) 16.49
HME's Operating margin (%) is ranked higher than
53% of the 611 Companies
in the Global REIT - Residential industry.

( Industry Median: 40.09 vs. HME: 16.49 )
HME' s 10-Year Operating margin (%) Range
Min: 5.18   Max: 35.76
Current: 16.49

5.18
35.76
Net-margin (%) 24.24
HME's Net-margin (%) is ranked higher than
65% of the 612 Companies
in the Global REIT - Residential industry.

( Industry Median: 33.75 vs. HME: 24.24 )
HME' s 10-Year Net-margin (%) Range
Min: -0.42   Max: 25.1
Current: 24.24

-0.42
25.1
ROE (%) 9.87
HME's ROE (%) is ranked higher than
85% of the 598 Companies
in the Global REIT - Residential industry.

( Industry Median: 6.45 vs. HME: 9.87 )
HME' s 10-Year ROE (%) Range
Min: -0.12   Max: 14.62
Current: 9.87

-0.12
14.62
ROA (%) 3.60
HME's ROA (%) is ranked higher than
76% of the 602 Companies
in the Global REIT - Residential industry.

( Industry Median: 3.17 vs. HME: 3.60 )
HME' s 10-Year ROA (%) Range
Min: -0.07   Max: 3.6
Current: 3.6

-0.07
3.6
ROC (Joel Greenblatt) (%) 2.49
HME's ROC (Joel Greenblatt) (%) is ranked higher than
56% of the 500 Companies
in the Global REIT - Residential industry.

( Industry Median: 5.42 vs. HME: 2.49 )
HME' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 0.75   Max: 6.43
Current: 2.49

0.75
6.43
Revenue Growth (%) -4.50
HME's Revenue Growth (%) is ranked higher than
63% of the 501 Companies
in the Global REIT - Residential industry.

( Industry Median: 0.80 vs. HME: -4.50 )
HME' s 10-Year Revenue Growth (%) Range
Min: -8   Max: 42.2
Current: -4.5

-8
42.2
EBITDA Growth (%) 19.10
HME's EBITDA Growth (%) is ranked higher than
90% of the 449 Companies
in the Global REIT - Residential industry.

( Industry Median: 2.30 vs. HME: 19.10 )
HME' s 10-Year EBITDA Growth (%) Range
Min: -39.1   Max: 81.2
Current: 19.1

-39.1
81.2
EPS Growth (%) 45.10
HME's EPS Growth (%) is ranked higher than
96% of the 357 Companies
in the Global REIT - Residential industry.

( Industry Median: -0.50 vs. HME: 45.10 )
HME' s 10-Year EPS Growth (%) Range
Min: -47.4   Max: 45.1
Current: 45.1

-47.4
45.1
» HME's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q1 2013

HME Guru Trades in Q1 2013

Manning & Napier Advisors, Inc 146,690 sh (+0.33%)
Chris Davis Sold Out
Jim Simons Sold Out
Louis Moore Bacon Sold Out
Pioneer Investments 284,435 sh (-23.21%)
» More
Q2 2013

HME Guru Trades in Q2 2013

Pioneer Investments 286,820 sh (+0.84%)
Manning & Napier Advisors, Inc 122,020 sh (-16.82%)
» More
Q3 2013

HME Guru Trades in Q3 2013

Paul Tudor Jones 10,500 sh (New)
Manning & Napier Advisors, Inc 121,954 sh (-0.05%)
Pioneer Investments 215,120 sh (-25%)
» More
Q4 2013

HME Guru Trades in Q4 2013

Pioneer Investments 376,352 sh (+74.95%)
Paul Tudor Jones Sold Out
Manning & Napier Advisors, Inc 111,914 sh (-8.23%)
» More
» Details

Insider Trades

Latest Guru Trades with HME



No Insider Trades Found!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/E(ttm) 20.60
HME's P/E(ttm) is ranked higher than
65% of the 535 Companies
in the Global REIT - Residential industry.

( Industry Median: 19.50 vs. HME: 20.60 )
HME' s 10-Year P/E(ttm) Range
Min: 12.36   Max: 106.91
Current: 20.6

12.36
106.91
P/B 2.10
HME's P/B is ranked lower than
67% of the 555 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.22 vs. HME: 2.10 )
HME' s 10-Year P/B Range
Min: 1.28   Max: 3.32
Current: 2.1

1.28
3.32
P/S 4.95
HME's P/S is ranked higher than
74% of the 613 Companies
in the Global REIT - Residential industry.

( Industry Median: 6.77 vs. HME: 4.95 )
HME' s 10-Year P/S Range
Min: 1.65   Max: 5.31
Current: 4.95

1.65
5.31
PFCF 67.90
HME's PFCF is ranked lower than
74% of the 363 Companies
in the Global REIT - Residential industry.

( Industry Median: 16.00 vs. HME: 67.90 )
HME' s 10-Year PFCF Range
Min: 8.87   Max: 358.08
Current: 67.9

8.87
358.08
EV-to-EBIT 52.60
HME's EV-to-EBIT is ranked lower than
70% of the 599 Companies
in the Global REIT - Residential industry.

( Industry Median: 27.39 vs. HME: 52.60 )
HME' s 10-Year EV-to-EBIT Range
Min: 50   Max: 903.1
Current: 52.6

50
903.1
PEG 2.40
HME's PEG is ranked higher than
57% of the 256 Companies
in the Global REIT - Residential industry.

( Industry Median: 2.40 vs. HME: 2.40 )
HME' s 10-Year PEG Range
Min: 2.4   Max: 160.18
Current: 2.4

2.4
160.18
Shiller P/E 34.10
HME's Shiller P/E is ranked higher than
50% of the 298 Companies
in the Global REIT - Residential industry.

( Industry Median: 29.70 vs. HME: 34.10 )
HME' s 10-Year Shiller P/E Range
Min: 11.85   Max: 41.22
Current: 34.1

11.85
41.22

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 4.72
HME's Dividend Yield is ranked higher than
52% of the 611 Companies
in the Global REIT - Residential industry.

( Industry Median: 4.81 vs. HME: 4.72 )
HME' s 10-Year Dividend Yield Range
Min: 3.59   Max: 10.49
Current: 4.72

3.59
10.49
Dividend Payout 1.67
HME's Dividend Payout is ranked lower than
53% of the 502 Companies
in the Global REIT - Residential industry.

( Industry Median: 0.96 vs. HME: 1.67 )
HME' s 10-Year Dividend Payout Range
Min: 0.82   Max: 5.72
Current: 1.67

0.82
5.72
Dividend growth (3y) 6.50
HME's Dividend growth (3y) is ranked higher than
77% of the 359 Companies
in the Global REIT - Residential industry.

( Industry Median: 4.30 vs. HME: 6.50 )
HME' s 10-Year Dividend growth (3y) Range
Min: -3.9   Max: 88.4
Current: 6.5

-3.9
88.4
Yield on cost (5-Year) 5.35
HME's Yield on cost (5-Year) is ranked higher than
53% of the 613 Companies
in the Global REIT - Residential industry.

( Industry Median: 5.30 vs. HME: 5.35 )
HME' s 10-Year Yield on cost (5-Year) Range
Min: 4   Max: 11.7
Current: 5.35

4
11.7
Share Buyback Rate -13.80
HME's Share Buyback Rate is ranked higher than
62% of the 478 Companies
in the Global REIT - Residential industry.

( Industry Median: -7.20 vs. HME: -13.80 )
HME' s 10-Year Share Buyback Rate Range
Min: 0.2   Max: -49.7
Current: -13.8

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 2.10
HME's Price/Tangible Book is ranked lower than
64% of the 548 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.30 vs. HME: 2.10 )
HME' s 10-Year Price/Tangible Book Range
Min: 1   Max: 2.92
Current: 2.1

1
2.92
Price/DCF (Projected) 5.30
HME's Price/DCF (Projected) is ranked lower than
69% of the 313 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.60 vs. HME: 5.30 )
HME' s 10-Year Price/DCF (Projected) Range
Min: 4.77   Max: 16.35
Current: 5.3

4.77
16.35
Price/Median PS Value 1.30
HME's Price/Median PS Value is ranked higher than
52% of the 562 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.10 vs. HME: 1.30 )
HME' s 10-Year Price/Median PS Value Range
Min: 0.52   Max: 1.26
Current: 1.3

0.52
1.26
Price/Peter Lynch Fair Value 3.30
HME's Price/Peter Lynch Fair Value is ranked lower than
58% of the 112 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.30 vs. HME: 3.30 )
HME' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.79   Max: 16.56
Current: 3.3

0.79
16.56
Price/Graham Number 1.70
HME's Price/Graham Number is ranked higher than
50% of the 515 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.00 vs. HME: 1.70 )
HME' s 10-Year Price/Graham Number Range
Min: 0.89   Max: 3.2
Current: 1.7

0.89
3.2
Earnings Yield (Greenblatt) 1.90
HME's Earnings Yield (Greenblatt) is ranked lower than
51% of the 593 Companies
in the Global REIT - Residential industry.

( Industry Median: 3.70 vs. HME: 1.90 )
HME' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.1   Max: 2
Current: 1.9

0.1
2
Forward Rate of Return (Yacktman) 8.47
HME's Forward Rate of Return (Yacktman) is ranked higher than
84% of the 450 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.39 vs. HME: 8.47 )
HME' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -22.6   Max: 8.2
Current: 8.47

-22.6
8.2

Business Description

Industry: REITs » REIT - Residential
Compare:EQR, AVB, AIV, UDR, CPT » details
Traded in other countries:HMP.Germany
Home Properties, Inc. was formed in November 1993 as a Maryland corporation and is a real estate investment trust that owns, operates, acquires, develops and rehabilitates apartment communities mainly in selected Northeast and Mid-Atlantic regions of the United States. The Company through its affiliates as of December 31, 2012, owned and operated 121 communities with 42,635 apartment units. It conducts its business through Home Properties, L.P. or the Operating Partnership, a New York limited partnership and a management company - Home Properties Resident Services, Inc. or HPRS. The Company's mission is to maximize long-term shareholder value by acquiring, repositioning, developing and managing market-rate apartment communities while enhancing the quality of life for its residents and providing employees with opportunities for growth and accomplishment. The Company's vision is to be an owner and manager of market-rate apartment communities, located in selected high barrier, high growth, East Coast markets. The Company's long-term business strategies include: (i) aggressively managing and improving its communities to achieve increased net operating income; (ii) acquiring additional apartment communities with attractive returns at prices that provide a positive spread over its long-term cost of capital; (iii) developing new apartment communities on raw land, on land adjacent to existing owned communities, and where there are density opportunities to replace existing garden apartments with mid- or high-rise structures; (iv) disposing of properties that have reached their potential, are less efficient to operate, or are located in markets where growth has slowed to a pace below the markets targeted for acquisition; and (v) maintaining a strong and flexible capital structure with cost-effective access to the capital markets. Home Properties competes with other real for acquisition and development. The Company is subjected to the provisions of the Maryland General Corporation Law.

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Add Notes, Comments or Ask Questions

User Comments

No comment yet

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Hide