Company Information

  

Address: 5100 TAMARIND REEF  
City: CHRISTIANSTED 
State:  
Zip Code: 00820 
Telephone: 340-692-1055 

Description of Business

Primary SIC Code: 6500
(As filed with the SEC)  

Front Yard Residential ("we," "our," "us," "Front Yard" or the "Company") is an industry leader in providing quality, affordable rental homes to America's families in a variety of suburban communities that have easy accessibility to metropolitan areas. Our tenants enjoy the space and comfort that is unique to single-family housing, at reasonable prices. Our mission is to provide our tenants with houses they are proud to call home. We are a Maryland real estate investment trust ("REIT"), and we conduct substantially all of our activities through our wholly owned subsidiary, Front Yard Residential, L.P., and its subsidiaries ("FYRLP" or the "Operating Partnership"). We commenced operations in December 2012. We operate in a single segment focused on the acquisition and ownership of residential rental properties. Effective February 20, 2018, we changed our name from Altisource Residential Corporation to Front Yard Residential Corporation.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/2018-3.060.150N/E
12/2017-3.470.150N/E
09/2017-3.90NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-0.16Total Liab/Total Assets0.67
Net Inc/Total Assets-0.09Total Liab/Inv Cap0.67
Net Inc/Inv Cap-0.09Total Liab/Comm Equity1.13
Pretax Inc/Net Sales-1.50Interest Coverage Ratio-2.11
Net Inc/Net Sales-1.50Curr Debt/EquityNA
Cash Flow/Net Sales-0.39LTD/EquityNA
SG&A/NetSales1.25Total Debt/EquityNA
Asset Utilization   Liquidity  
Net Receivables Turnover0.47Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E0.07  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 39.77 34.92 32.96 30.10
Cost of Goods Sold NA NA NA NA
Selling & Admin Exps 30.77 34.66 33.59 38.94
Operating Income -10.23 -16.18 -16.22 -23.86
Interest Exp 16.06 14.62 14.24 15.15
Pretax Income -27.35 -37.49 -42.89 -55.70
Other Income -1.06 -6.70 -12.43 -16.69
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -27.35 -37.47 -42.92 -55.71

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 156.05 161.49 212.13 201.87
Receivables - Total 32.17 31.03 89.45 18.39
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 1,676.31 1,693.55 1,416.85 1,498.93
Total Assets 1,921.12 1,974.55 1,852.22 1,930.05
Liabilities        
Accounts Payable 58.52 59.79 63.27 61.60
Debt in Current Liabilities NA 0.00 0.00 0.00
Total Current Liabilities NA NA NA NA
Long-Term Debt NA NA NA NA
Total Liabilities 1,312.24 1,329.95 1,163.38 1,190.47
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.54 0.53 0.53 0.53
Retained Earnings -572.68 -537.26 -491.71 -440.72
Treasury Stock NA NA NA NA
Total Stockholders' Equity 608.87 644.60 688.84 739.57
Total Liabilities and Stockholders' Equity 1,921.12 1,974.55 1,852.22 1,930.05

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities -4.47 -1.54 -21.33 -4.66
Net Cash Provided by Investing Activities 24.74 23.93 69.98 372.77
Net Cash Provided by Financing Activities -25.71 -73.03 -38.38 -267.73

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20130.0439.60--
12/20141.56188.85--
12/201513.23-46.00--
12/201648.56-228.03--
12/2017123.60-185.45-3.47
Growth Rates665.47----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional03/31/1811339,78574.38




Report Date : 6/18/2018

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