New England Realty Associates LP chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 18.55
Dividend & Yield1.28$ (1.74%)
Beta 0.32
Market capitalization 268.14M
Operating cash flow 15.97M
ESG Scores unknown

Company description

New England Realty Associates Limited Partnership engages in acquiring, developing, holding for investment, operating, and selling real estate properties in the United States. It owns and operates various residential apartments, condominium units, and commercial properties located in Massachusetts and New Hampshire. As of February 1, 2022, the company owned 2,892 residential apartment units in 25 residential and mixed-use complexes, and 19 condominium units in a residential condominium complex located primarily in the metropolitan Boston area of Massachusetts. In addition, it owned a commercial shopping center in Framingham, Massachusetts; one commercial building in Newton and one in Brookline, Massachusetts; commercial space in mixed-use buildings in Boston, Brockton and Newton, and Massachusetts; and 40% to 50% ownership interest in seven residential and mixed use complexes with a total of 688 residential units, one commercial unit, and a 50 car parking lot. NewReal, Inc. serves as the general partner of the company. New England Realty Associates Limited Partnership was incorporated in 1977 and is headquartered in Allston, Massachusetts.

Sector: Real Estate - Industry: Real Estate Services

Financial Ratios
Quick Ratio3.8
Working Capital-0.04
Return On Equity0.06
Debt To Equity-7.59
Fixed Asset Ratio0
Fixed Interest Cover1

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 842.11k 2.44M -1.02M 1.34M
Total Cashflows From Investing Activities -2.44M -29.28M -1.72M -2.33M
Net Borrowings -16.75M 14.51M 569.86k 69.29M
Total Cash From Financing Activities -21.37M 5.32M -4.64M 63.99M
Change To Operating Activities 6.65M -159.72k -512.88k -884.17k
Issuance Of Stock
Net Income 4.17M 6.55M 1.42M -2.7M
Change In Cash 1.82M -1.51M 11.1M 77.44M
Effect Of Exchange Rate
Total Cash From Operating Activities 25.63M 22.45M 17.45M 15.78M
Depreciation 15.57M 14.68M 18.41M 16.67M
Change To Account Receivables -703.04k 38.2k -2.38M -354.81k
Other Cashflows From Financing Activities -192.78k -493.43k -183.08k -225.98k
Change To Netincome -1.11M -1.44M 1.29M 1.4M
Capital Expenditures

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 4.17M 6.55M 1.42M -2.7M
Net Income 4.17M 6.55M 1.42M -2.7M
Selling General Administrative 2.2M 2.5M 2.21M 2.48M
Gross Profit 41.82M 43.92M 44.4M 41.77M
Ebit 16.56M 18.95M 15.13M 13.68M
Operating Income 16.56M 18.95M 15.13M 13.68M
Interest Expense -12.39M -12.2M -13.71M -13.63M
Income Tax Expense
Total Revenue 59.65M 62.16M 62.26M 62.07M
Cost Of Revenue 17.84M 18.24M 17.87M 20.31M
Total Other Income ExpenseNet -12.39M -12.4M -13.71M -16.38M
Net Income From Continuing Ops 4.17M 6.55M 1.42M -2.7M
Net Income Applicable To Common Shares 4.17M 6.55M 1.42M -2.7M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 282.66M 332.12M 333.14M 406.17M
Total Stockholder Equity -35.27M -37.45M -41.06M -48.8M
Other Current Liabilities 18.35M 19.97M 21.34M 22.99M
Total Assets 247.04M 294.29M 291.67M 356.88M
Common Stock -35.27M -37.45M -41.06M -48.8M
Other Current Assets 4.49M 5.05M 5.5M 6.85M
Retained Earnings
Treasury Stock
Cash 9.06M 7.55M 18.65M 96.08M
Total Current Liabilities 22.28M 42.24M 42.23M 27.32M
Other Stockholder Equity
Property, Plant, and Equipment 230.51M 278.36M 264.61M 251.36M
Total Current Assets 14.31M 13.08M 25.56M 103.87M
Net Tangible Assets -35.42M -38.83M -41.11M -48.83M
Net Receivables 762.92k 484.61k 1.41M 935.3k
Accounts Payable 3.93M 4.27M 3.89M 4.32M


Insider Transactions

Here are the insider transactions of stock shares related to New England Realty Associates LP:

Filer Name Transaction Text Ownership Date Filer Relation Shares
BROWN JAMESON PRUITTPurchase at price 79.21 per share.I2022-09-15Officer and Treasurer2.5k
BROWN JAMESON PRUITTPurchase at price 61.90 per share.I2021-08-31Officer and Treasurer2.5k
BROWN JAMESON PRUITTPurchase at price 52.00 per share.I2020-08-20Officer and Treasurer2.5k
BROWN RONALDPurchase at price 53.00 per share.D2020-03-18President2.64k
BROWN RONALDPurchase at price 65.00 per share.D2019-03-20President500
VALERI CARL ANTHONYPurchase at price 66.90 per share.D2018-05-16Divisional Officer100
VALERI CARL ANTHONYPurchase at price 68.00 per share.D2018-05-02Shareholder100
VALERI CARL ANTHONYPurchase at price 69.00 per share.D2018-04-17Divisional Officer200
VALERI CARL ANTHONYPurchase at price 70.10 per share.D2017-10-03Divisional Officer200
BROWN RONALDPurchase at price 65.92 per share.D2017-02-17President600
VALERI CARL ANTHONYPurchase at price 61.00 per share.D2016-12-12Divisional Officer3k
BROWN RONALDPurchase at price 50.40 per share.D2016-02-29President1k
VALERI CARL ANTHONYPurchase at price 49.20 per share.D2016-02-23Divisional Officer100
VALERI CARL ANTHONYPurchase at price 50.00 per share.D2016-02-09Divisional Officer100
VALERI CARL ANTHONYPurchase at price 47.28 - 47.82 per share.D2015-08-25Divisional Officer300
VALERI CARL ANTHONYPurchase at price 48.20 per share.D2015-05-21Divisional Officer405
VALERI CARL ANTHONYPurchase at price 48.05 - 48.20 per share.D2015-05-11Shareholder300
VALERI CARL ANTHONYPurchase at price 46.10 - 46.20 per share.D2014-11-18Shareholder810
VALERI CARL ANTHONYPurchase at price 45.90 - 46.97 per share.D2014-11-17Beneficial Owner of more than 10% of a Class of Security240
VALERI CARL ANTHONYPurchase at price 47.44 per share.D2014-10-23Divisional Officer100
VALERI CARL ANTHONYPurchase at price 47.25 per share.D2014-10-15Divisional Officer33
BROWN RONALDPurchase at price 47.50 per share.D2014-10-06President1k
BROWN RONALDPurchase at price 40.52 per share.D2013-06-25President700
BROWN RONALDPurchase at price 67.30 per share.D2011-06-28President800
BROWN RONALDPurchase at price 66.00 per share.D2011-04-26President50
BROWN RONALDPurchase at price 65.25 - 66.00 per share.D2011-04-25President569
BROWN RONALDPurchase at price 66.74 - 66.75 per share.D2011-01-20President2k
BROWN RONALDPurchase at price 54.62 per share.D2010-01-19President500
VALERI CARL ANTHONYPurchase at price 49.46 - 49.55 per share.D2009-06-16Other Executive150
NERA IRREVOCABLE TRUSTPurchase at price 56.00 - 59.00 per share.D2009-04-16Beneficial Owner of more than 10% of a Class of Security300
BROWN RONALDPurchase at price 52.85 per share.D2009-03-31President500
BROWN RONALDPurchase at price 56.25 - 65.00 per share.D2009-01-06President880
BROWN RONALDPurchase at price 56.25 - 65.00 per share.D2009-01-06President880
NERA IRREVOCABLE TRUSTPurchase at price 69.00 - 71.00 per share.D2008-10-02Trustee2.2k
NERA IRREVOCABLE TRUSTPurchase at price 74.60 per share.D2008-08-01Trustee3.5k
NERA IRREVOCABLE TRUSTPurchase at price 74.00 per share.D2008-06-24Trustee1.44k
NERA IRREVOCABLE TRUSTPurchase at price 74.00 per share.D2008-06-16Trustee10k
NERA IRREVOCABLE TRUSTPurchase at price 74.00 per share.D2008-06-16Trustee9.8k
NERA IRREVOCABLE TRUSTPurchase at price 72.50 per share.D2008-02-01Trustee121
BROWN HAROLDPurchase at price 68.25 per share.D2008-01-02Officer and Treasurer800
BROWN HAROLDPurchase at price 75.00 per share.D2007-08-20Officer and Treasurer10k
NERA IRREVOCABLE TRUSTStock Gift at price 0.00 per share.D2007-03-13Officer and Treasurer23.06k
JARVIS DAVID RSale at price 68.25 per share.I2006-07-07Beneficial Owner of more than 10% of a Class of Security283.7k
BROWN HAROLDPurchase at price 67.74 per share.I2006-06-27Officer and Treasurer2k
BROWN HAROLDPurchase at price 74.90 - 74.95 per share.I2006-05-04Officer and Treasurer6k
BROWN HAROLDPurchase at price 75.70 per share.D2006-03-27Officer and Treasurer2k
BROWN HAROLDPurchase at price 75.25 - 75.50 per share.D2006-03-21Officer and Treasurer1.1k
BROWN HAROLDPurchase at price 75.50 per share.D2006-02-24Officer and Treasurer1k
JARVIS DAVID RPurchase at price 76.66 - 79.66 per share.I2005-12-30Beneficial Owner of more than 10% of a Class of Security3k
JARVIS DAVID RPurchase at price 77.91 per share.I2005-12-23Beneficial Owner of more than 10% of a Class of Security5.92k
JARVIS DAVID RPurchase at price 78.38 per share.I2005-12-08Beneficial Owner of more than 10% of a Class of Security2.8k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to New England Realty Associates LP. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on New England Realty Associates LP

Here is the result of two systematic investment strategies applied to New England Realty Associates LP. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on New England Realty Associates LP

The following chart shows the equity curve of the two systematic investment strategies applied to New England Realty Associates LP:

New England Realty Associates LP automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 3.2% on the backtest period.

Performance at glance

Performance

3.2 %

Latent gain

61.44 $

Invested capital

1920.21 $

Annualized return

0.77 %
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Momentum strategy results on New England Realty Associates LP

This is the result of two momentum investment strategies applied to New England Realty Associates LP. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on New England Realty Associates LP

The following chart shows all the entries opened by the momentum investment system on New England Realty Associates LP:

New England Realty Associates LP momentum entries
  • The first momentum investment strategy would give 3.0% of return on New England Realty Associates LP. That represents 133.08$ of latent gain with 4430.72$ of employed capital.
  • The second momentum investment strategy would give 2.08% of return on New England Realty Associates LP. That represents 72.29$ of latent gain with 3470.66$ of employed capital.
Performance at glance (1Q Momentum)

Performance

3.0 %

Latent gain

133.08 $

Invested capital

4430.72 $

Annualized return

3.19 %
Performance at glance (2Q Momentum)

Performance

2.08 %

Latent gain

72.29 $

Invested capital

3470.66 $

Annualized return

0.57 %

Momentum equity curve on New England Realty Associates LP

The following chart shows the equity curve of the two momentum strategies applied to New England Realty Associates LP:

New England Realty Associates LP momentum equity

Note: the dividends potentially given by New England Realty Associates LP are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on New England Realty Associates LP

The following chart shows the employed capital evolution of the two momentum strategies on New England Realty Associates LP since the beginning:

New England Realty Associates LP

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on New England Realty Associates LP

Buy the dip entry openings on New England Realty Associates LP

New England Realty Associates LP

The performance achieved by the robo-advisor on New England Realty Associates LP is 6.89%. That represents 34.84$ of latent gain with 505.61$ of employed capital. The following chart shows New England Realty Associates LP stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of New England Realty Associates LP, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

6.89 %

Latent gain

34.84 $

Invested capital

505.61 $

Annualized return

3.19 %

Equity curve of the strategy applied to New England Realty Associates LP

The following chart shows the result of the investment strategy applied to New England Realty Associates LP:

New England Realty Associates LP

Note: the dividends potentially given by New England Realty Associates LP are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on New England Realty Associates LP

The following chart shows the employed capital evolution since the beginning of the investment strategy on New England Realty Associates LP:

New England Realty Associates LP

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on New England Realty Associates LP

In this section, I will compare the three previous investment strategies applied to New England Realty Associates LP.

Equity curve comparison on New England Realty Associates LP

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

New England Realty Associates LP investment strategy comparison

Employed capital comparison on New England Realty Associates LP

New England Realty Associates LP investment comparison

Performance comparison on New England Realty Associates LP

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 3.2% 61.44$ 1920.21$ 0.77%
Momentum 1 quarter 3.0% 133.08$ 4430.72$ 0.77%
Momentum 2 quarters 2.08% 72.29$ 3470.66$ 0.57%
Non-directional 6.89% 34.84$ 505.61$ 3.19%
Annualized return comparison

Automatic investment

0.77 %

Momentum 1Q

0.57 %

Momentum 2Q

0.57 %

Non-directional

3.19 %

Correlated stocks

Here are the most positively and negatively correlated stocks with New England Realty Associates LP:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

  • HING MING HLDGS

  • Note: The algorithm computes the probability of correlation between New England Realty Associates LP and the other stocks. There may be false positives or some missing correlated stocks. If the price of New England Realty Associates LP does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name New England Realty Associates LP
    Country United States
    City Allston
    Address 39 Brighton Avenue
    Phone 617 783 0039
    Website www.thehamiltoncompany.com
    FullTime employees
    Industry Real Estate Services
    Sector Real Estate
    Exchange XNYS
    Ticker NEN
    Market www.nyse.com

    New England Realty Associates LP ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown