Investors never know what to expect from Colonial Properties
What analysts say:
- Buy, sell, or hold?: Analysts think investors should stand pat on Colonial Properties with seven of 12 analysts rating it hold. Analysts like Colonial Properties better than competitor Washington Real Estate Investment overall. Two out of nine analysts rate Washington Real Estate Investment a buy compared with three of 12 for Colonial Properties. While analysts still rate the stock a Hold, they are a little more optimistic about it compared with three months ago.
- Revenue forecasts: On average, analysts predict $93.2 million in revenue this quarter. That would represent a rise of 1.5% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.29 per share. Estimates range from $0.27 to $0.30.
What our community says:
CAPS All-Stars are solidly backing the stock, with 87.1% giving it an "outperform" rating. The community at large agrees with the All-Stars, with 78.8% assigning it a rating of "outperform." Fools have embraced Colonial Properties, though the message boards have been quiet lately with only 52 posts in the past 30 days. Colonial Properties' bearish CAPS rating of two out of five stars falls short of the Fool community sentiment.
The company's revenue has now risen for two straight quarters.
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