NEN
NEN 1-star rating from Upturn Advisory

New England Realty Associates LP (NEN)

New England Realty Associates LP (NEN) 1-star rating from Upturn Advisory
$71.06
Last Close (24-hour delay)
upturn advisory logo
PASS
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock price based on last close icon Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • 1Y
  • 1M
  • 1W

Upturn Advisory Summary

11/05/2025: NEN (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -12.47%
Avg. Invested days 28
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 1.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/05/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 255.42M USD
Price to earnings Ratio 16.15
1Y Target Price -
Price to earnings Ratio 16.15
1Y Target Price -
Volume (30-day avg) -
Beta 0.17
52 Weeks Range 63.95 - 81.11
Updated Date 06/29/2025
52 Weeks Range 63.95 - 81.11
Updated Date 06/29/2025
Dividends yield (FY) 2.19%
Basic EPS (TTM) 4.52

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 19.38%
Operating Margin (TTM) 31.33%

Management Effectiveness

Return on Assets (TTM) 4.41%
Return on Equity (TTM) -

Valuation

Trailing PE 16.15
Forward PE -
Enterprise Value 572003185
Price to Sales(TTM) 3.09
Enterprise Value 572003185
Price to Sales(TTM) 3.09
Enterprise Value to Revenue 7.03
Enterprise Value to EBITDA 11.92
Shares Outstanding 2826970
Shares Floating 60412
Shares Outstanding 2826970
Shares Floating 60412
Percent Insiders 34.31
Percent Institutions 3.1

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

New England Realty Associates LP

New England Realty Associates LP(NEN) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

New England Realty Associates LP (NEN) is a real estate investment trust (REIT) that focuses on owning and operating manufactured housing communities (MHCs). The company was founded to acquire, own, and operate MHCs.

Company business area logo Core Business Areas

  • Manufactured Housing Communities: Owns and operates manufactured housing communities, providing housing options for residents. They generate revenue through lot rentals and the sale of homes.

leadership logo Leadership and Structure

Information on leadership is not readily and publicly available.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Lot Rentals: Primary revenue stream is through lot rentals within their manufactured housing communities. Market share data is difficult to ascertain for NEN due to its relatively small size. Competitors include larger REITs and privately held MHC operators.
  • Home Sales: Secondary revenue stream is through the sale of manufactured homes within their communities. Market share data is difficult to ascertain for NEN due to its relatively small size. Competitors include manufactured home retailers and other MHC operators.

Market Dynamics

industry overview logo Industry Overview

The manufactured housing industry provides affordable housing options, catering to a diverse range of residents. The industry is characterized by fragmentation and regional variations.

Positioning

New England Realty Associates LP is a smaller player in the manufactured housing industry. Their competitive advantage, if any, likely lies in local market knowledge and property management expertise.

Total Addressable Market (TAM)

The total addressable market for manufactured housing is substantial, estimated in the tens of billions of dollars annually. NEN holds a very small market share within this larger market.

Upturn SWOT Analysis

Strengths

  • Stable revenue stream from lot rentals
  • Relatively low operating costs
  • Potential for property value appreciation

Weaknesses

  • Small market capitalization
  • Limited access to capital
  • Geographic concentration (New England)
  • Dependence on occupancy rates

Opportunities

  • Acquisition of additional MHCs
  • Increase lot rental rates
  • Development of new MHCs
  • Expansion into new geographic markets

Threats

  • Economic downturns affecting affordability
  • Increased competition from other MHC operators
  • Changes in zoning regulations
  • Rising interest rates

Competitors and Market Share

Key competitor logo Key Competitors

  • EQR
  • AVB
  • MAA
  • INVH

Competitive Landscape

New England Realty Associates LP operates in a competitive landscape with larger, more established REITs. Their advantage, if any, is focused on local market expertise.

Growth Trajectory and Initiatives

Historical Growth: Historical growth data requires examination of publicly available financial reports.

Future Projections: Future projections are not available without consulting analyst reports or company guidance.

Recent Initiatives: Information on recent strategic initiatives may be available on the company's website or in press releases.

Summary

New England Realty Associates LP is a small REIT focused on manufactured housing communities. Their strengths lie in stable revenue from lot rentals and potential property appreciation. However, they face challenges due to their small size, limited access to capital, and geographic concentration. Future success depends on their ability to effectively manage their properties and capitalize on growth opportunities in the manufactured housing market.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company Website
  • SEC Filings
  • Industry Reports

Disclaimers:

This analysis is based on limited publicly available information. Accuracy cannot be guaranteed. This is not financial advice.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About New England Realty Associates LP

Exchange NYSE MKT
Headquaters Allston, MA, United States
IPO Launch date 1995-08-18
CEO -
Sector Real Estate
Industry Real Estate Services
Full time employees -
Full time employees -

New England Realty Associates Limited Partnership engages in acquiring, developing, holding for investment, operating, and selling of real estate properties in the United States. It owns and operates various residential buildings and properties; mixed use residential, retail, and office properties; commercial properties; and condominium units located in Massachusetts and New Hampshire. 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.