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30100.0 | 2019-05-11 00:00:00 UTC | Arbor Realty Trust (ABR) Q1 2019 Earnings Call Transcript | ABR | https://www.nasdaq.com/articles/arbor-realty-trust-abr-q1-2019-earnings-call-transcript-2019-05-11 | nan | nan | Image source: The Motley Fool.
Arbor Realty Trust (NYSE: ABR)
Q1 2019 Earnings Call
May. 10, 2019, 10:00 a.m. ET
Contents:
Prepared Remarks
Questions and Answers
Call Participants
Prepared Remarks:
Operator
Good day, ladies and gentlemen. And welcome to the first-quarter 2019 Arbor Realty Trustearnings conference call[Operator instructions]. I'd now turn the conference over to Paul Elenio, chief financial officer. Please, go ahead.
Paul Elenio -- Chief Financial Officer
Thank you. And good morning, everyone. And welcome to the quarterlyearnings callfor Arbor Realty Trust. This morning, we'll discuss the results for the quarter ended March 31, 2019.
With me on this call today is Ivan Kaufman, our president and chief executive officer. Before we begin, I need to inform you that statements made in thisearnings callmay be deemed forward-looking statements that are subject to risks and uncertainties, including information about possible or assumed future results of our business, financial conditions, liquidity, results of operations, plans and objectives. These statements are based in our beliefs, assumptions, and expectations about future performance taking into account the information currently available to us. Factors that could cause actual results to differ materially from Arbor's expectations in these forward-looking statements are detailed in our SEC reports.
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Listeners are cautioned not to place undue reliance on these forward-looking statements, which speak only as of today. Arbor undertakes no obligation to publicly update or revise these forward-looking statements to reflect events or circumstances as of today of the occurrences of unanticipated events. I'll now turn the call over to Arbor's president CEO, Ivan Kaufman.
Ivan Kaufman -- President and Chief Executive Officer
Thank you, Paul. And thanks everyone for joining us on today's call. As you can see from this morning's press release, we had a great start to 2019, with strong first-quarter results which continues to demonstrate the diversity of our operating platform, and the value of our franchise. As we mentioned on our last call, we're very pleased with the continued growth in our business, which provided us with a very strong baseline of predictable and stable earnings heading into 2019.This strong baseline, combined with our first-quarter success has allowed us to once again, increase our quarterly dividend by another 4% to $0.28 a share.
Our current stock price, we're now trading at a dividend yield of a price of 8.5%, which we believe is not reflective of our true value. Additionally, as promised, we did provide a chart in our last investor deck, which demonstrates a considerable growth we produced in our service and revenues, escrow earnings and that is interest income from our balance sheet portfolio last year.It also illustrates the quality and diversity of our income streams, which differentiates us from our peers and why we believe we should be consistently trade at a lower dividend yield than our peer group. Furthermore, our first-quarter growth also continues to increase our run rate of core earnings making us very confident in our ability to increase our dividend in the future.To highlight this further, I would like to talk about the growth we experienced in both our business platforms. In our Agency business, we grew our service portfolio another 2% in the first quarter, and 13% over last year, and is now at $18.9 billion.
This portfolio generates a servicing fee of 45 basis points and has an average remaining life of eight and a half years, which reflects a 10% increase in duration over the last two years. As a result, we have created very significant, predictable annuity of income over $80 million growth annually, and growing. The majority of which is prepayment protected. And this growth in our Servicing portfolio also continues to increase intuitive income from our escrow balances, further contributing to our growing annual run rate of core earnings. We also originated 850 million of agency roles in the first quarter.
This was slightly down from last year's first-quarter volume of approximately 1 billion, mainly due as we mentioned on our last call to some of this year's first quarter volume being pulled into the fourth quarter of last year from the sharp drop in the 10 year at year end. More meaningfully, our pipeline is very strong providing us with confidence in our ability to continue to grow our origination vying for the balance of the year. We're also very pleased in our ability to generate strong margins in our first-quarter loan sales despite the extremely competitive landscape. Any income streams for our agency platform continue to create significant diversity and a high level of certainty in our income sources.With respect to our Balance Sheet business, we've experienced tremendous growth on our loan book.
We grew this portfolio of 24% in 2018, and another 4% in the first quarter on 416 million originations. We have also seen a sizable increase in our pipeline over the last few months, which allows us to continue to increase our run rate of net interest income going forward.We had a very strong start this second quarter with 250 million of originations in April, and a result of our strong pipeline, we elected to raise 90 million or 5.75% unsecured debt to fund the equity portion of these loans. This was very attractive capital as it will be used to fund our pipeline of new investments and be immediately creative our core earnings. And again, the income generated from our loan book is a significant part component of our earnings.
And based on our strong pipeline, we remain very confident in our ability to continue as well as a strength. Now I would like to update you on the progress we're making in our Single-Family Rental business. We believe the Single-Family Rental market is as big as a multi-family market. and at this point, is very fragmented with a lot of unique financing opportunities available in that market. We continue to build out the infrastructure develop this platform, and we are very committed to become a leader in this space.
We believe this is a phenomenal business with enormous opportunities in both the bridge and permanent lending products. And we are very happy with the pipeline of opportunities we have seen already. We clearly believe that by bringing capital put in this business, we can quickly walk off our originations capacity and capabilities, and build this out to be a significant driver of yet another income stream, and further diversify our lending platform. Overall, we're very pleased with our first-quarter results, and then the continued growth in our business, which clearly demonstrates diversity and value of our operating platform.We're also very comfortable with the stability of our dividend and optimistic based on our baseline revenues, and the current status of our pipeline that we will be able to continue to grow our dividend.
I will now turn the call over to Paul, to take you through the financial results.
Paul Elenio -- Chief Financial Officer
Okay. Thank you, Ivan. As our first press release this morning indicated, we had a very strong first-quarter generating AFFO of $35.5 million or $0.33 per share. These results reflect an annualized return on average common equity of 14.5% percent which continues to increase consistently from the substantial portion of our earnings that are being generated by our growing Capital Agency business, and from the additional cost efficiencies we are experiencing as we continue to scour our Balance Sheet business.As I've mentioned, we're very pleased with our ability to increase our quarterly dividend, $0.28 a share reflecting a 12% increase from a year ago.
And we remain confident in our ability to increase our dividend in the future as our annual run rate of core earnings continues to grow. Looking at our results from our Agency business, we generate approximately $13 million of pre-tax income in the first quarter on approximately $850 million in originations, and $1.1 billion in loan sales. The margins on our first-quarter sales was 1.49%, including miscellaneous fees, compared to 1.13% all in margin on our fourth-quarter sales, mostly due to some large portfolio deals that we closed in the fourth quarter which generally have a lower margin. We also recorded $14 million of mortgage servicing rights income related to $847 million of committed loans during the first quarter, representing an average mortgage servicing rights rate of around 1.68%. Our servicing portfolio also grew another 2% during the quarter to $18.9 billion in March 31, with a weighted average servicing fee of approximately 45 basis points, and that's made the remaining life of eight point seven years.
As portfolio will continue to generate a predictable annuity of income going forward, around $84 million gross annually, which is up approximately $5 million on an annual basis from the same time last year. Additionally, early run off on our servicing book continues to produce prepayment fees, related to certain loans that have yield maintenance provisions, this accounted for $5 million in prepayment fees in the first quarter, which was down from $6 million in the fourth quarter. The earnings associated with our escrow balances also continue to grow, and contribute meaningfully to our growing recurring income streams. We currently have approximately $800 million of escrow balances, which are earning slightly less than one month LIBOR, and our earnings associated with these balances are up approximately $9 million on an annual run rate, as compared to the same time last year. And our balance sheet lending operation, we grew our portfolio another 4% to $3.4 billion, and based on our current pipeline, we remain extremely confident in our ability to continue to grow our balance sheet investment portfolio in the future.Our $3.4 billion investment portfolio had an all in yield of approximately 7.71% at March 31, compared to 7.66% at December 31.
The average balance in our core investments was up from $3.2 billion last quarter to $3.3 billion this quarter due to, our fourth quarter and first quarter growth. And the average yield on these investments was up slightly to 7.84% for the first quarter, compared to 7.76% for the fourth quarter mainly due to, an increase in the average LIBOR rate, partially offset by less accelerated fees from early runoff this quarter.Total debt on our core assets was approximately $3.1 billion at March 31, with all and debt costs of approximately 5.22%, compared to a debt cost around 5.24% at December 31. The average balance of our deficit leaves was up to approximately $3 billion for the first quarter from $2.9 billion for the fourth quarter due to, financing our portfolio growth. And the average cost of funds in our deficit has increased to approximately 5.24% for the quarter, compared to 5.12% for the fourth quarter due to, an increase in the average library.
Overall, net interest spreads in our core assets were down slightly to 2.60% this quarter, compared to 2.64% last quarter mainly due to, more acceleration of fees from early runoff in the fourth quarter. And our overall spot and interest spread was up to 2.49% at March 31, compared to 2.42% at December 31.And lastly, the average leverage ratio in our core lending assets, including the trust preferred, and perpetual preferred stock as equity was flat at approximately 79% for both the first and fourth quarters. And our overall debt-to-equity ratio on a spot basis, including the trust preferred, and perpetual preferred stock as equity was up slightly to $2.41% at March 31, from 2.31% at December 31 mainly due to the $90 million of unsecured debt we issued in March.That completes our prepared remarks this morning. And I'll turn it back to the operator to take any questions you may have at this time.
Operator.
Questions & Answers:
Operator
Thank you. [Operator instructions]. And our first question comes from Steve DeLaney of JMP Securities LLC. Your line is now open.
Steve DeLaney -- JMP Securities LLC -- Analyst
Thanks. Good morning, and congratulations on a strong start to 2019. Apologies that I'm on the road. So my questions I would be pretty much big picture, because I haven't been through the weeds yet.
One thing we picked up in the first quarter, Fannie Mae of course has stepped up on small balance, and I believe they've raised their loan limit to $6 million. But we also heard they were being very aggressive on pricing. You're obviously a big player with Fannie but I've recalled that Arbor's like number one with Freddie, or has been with Freddie and small balance. So my question is, what is Fannie Mae's assertiveness here mean for your business both near-term and long run.
Ivan Kaufman -- President and Chief Executive Officer
I'm afraid definitely, has been much more aggressive and I felt that my form up. We were instrumental in helping them develop that platform and have consistently been producing a significant percentage. Fannie Mae has put a greater effort into it. They will grow that business a little bit more, and I think they'll compete to some extent with Freddie Mac, but they're a little bit more effective on that 10-year product.
I think between the two of them, Freddie did a billion last year. Fannie Mae may do to $2 billion to $3 billion. So maybe there's another 10% within that market, we'll do more with Fannie. I think last year, we were also one of the leading providers with Fannie, and we'll continue to do so.
So that market will continue to grow, and as you know, that's also excluded from the Cap. And if there's any pressure on the Cap, that component that will continue to grow.
Steve DeLaney -- JMP Securities LLC -- Analyst
It sounds like it's just more opportunities to serve a broader way as clients too given that the difference in product focus etc. So thank you for that. I'm sure you'll get other questions about this on credit. We are definitely starting to see some cracks.
I think this is the first quarter as the commercial REITs have reported that, I can think of one that had no credit issue, but it seems like everybody's had something. Hotels in particular, seems to be being taken back right and left. I guess you haven't said anything about your portfolio and Chris has been through the Q. It doesn't sound like you have any necessarily any new credit issues to alert us to.
But just what you're seeing in the market in terms of, are you starting to see and hear of more foreclosures, properties struggling, and I don't know whether it's a question of overbuilding or these value add people just basically overpaying and then the business plan is not working out. Stepping back for someone that's been in real estate so life, I'm just curious if this increase in foreclosures and lung problems whether that surprises you or you did see it coming.
Ivan Kaufman -- President and Chief Executive Officer
So, the fact is, we have seen it coming. And if you go back several quarters, we gave guidance this year on our agency platform to have flat growth over the last year. And we're doing that specifically for two reasons, number one is, we think credit is an issue, and we're being selective and cautious during this pivotal period of time. And you'll see other lenders perhaps, have growth in their agency book.
I think they're being aggressive on price and on credit. We've chosen to be conservative on credit, and also trying to preserve our margins which is a little bit unusual in a market that's volume driven and is very reflective of that issue. We do believe that there's a level of aggressiveness in the market. There's a lot of liquidity, and you have to proceed with extreme caution, and the extreme caution comes from the bars having the ability to stretch lenders out.
And most importantly is, a lot of new sponsors entering the arena and that being able to have access to credit without the track record and the credibility, and that's where we have a high level of concern. So I think it's justified in acknowledging that we're in a point in time in the cycle that we should be concerned. And what bailed people out and will bail people out is a rent growth continues. We've had 10 years of straight rent growth on the Multi-Family sector, fundamentals still look fairly good, specifically in the areas that we traffic which is the B and C market workforce housing where you can't reproduce that product, there's limited supply, and I've spoken about that in past.
Our concern would be more in the upper end, and the bailout did come last year for some people in the 10 year drop from 325 to 350, to 235 to 275. That made a big difference to people. But I would say, everybody should proceed with the high level of caution.
Steve DeLaney -- JMP Securities LLC -- Analyst
Thanks for the comments Ivan. That's all for me.
Operator
Our next question comes from Jade Rhamani of KBW. Your line is now open.
Jade Rhamani -- KBW -- Analyst
Good morning. This is Ryan Thomas on the line for Jade. Just given the changes at the FHFA with new leadership and the strong start we've seen to the year with the GSE volumes Ivan, I was just wondering if you're hearing anything on whether the FHFA plans to make any changes to the Caps over the next couple of quarters, and overall for the market where you expect marketwide volumes to potentially shake out for the year.
Ivan Kaufman -- President and Chief Executive Officer
I think that there is an expectation that the FHFA will recognize that it's a bigger market, and will adjust their Caps to a reasonable degree, and a market is a little bit bigger. With respect to us, I think we delivered to Fannie Mae as a percentage more product than any other lender, which was excluded from the Cap because we focus on small balance, because we focus on a workforce housing. I think we had 61% of our deliveries were outside the Cap, which is pretty good. We have a new leader in the FHFA, I'm not sure how--what his reaction is going to be.
He may not totally accommodate the market, but I believe they're going to acknowledge that the market's a little bit bigger, and accordingly should make the adjustments start to reflect a bit of a bigger market.
Jade Rhamani -- KBW -- Analyst
That's helpful commentary. And we've also heard from some industry sources that Fannie is trying to dial back their volumes a bit, given there strength in the first quarter and increased spreads. I was wondering if this is commiserate with what you're seeing currently in the market, and if that's true, if you expect a higher mix of Freddie going forward in the near term.
Ivan Kaufman -- President and Chief Executive Officer
I think both agencies are going to dial back, but we applaud them for what they're doing is to our benefit and it's the market's benefit. If they're going to dial back on credit, and they're going to dial back on pricing always for the new benefit. And it's in line with our strategy. So to the extent, they dial back servicing and guarantee fees we'll be a little stronger, and we would like them to and that's their initial signaling.
And that would be have a positive effect on us.
Jade Rhamani -- KBW -- Analyst
And then just following up on Steve's comments on questions on credit. We saw the new disclosure in the Q on your servicing portfolio, while still low, it does look like delinquencies did tick up modestly quarter-over-quarter there. I was wondering if you can just talk about how those metrics have trended historically, and with regards to your servicing portfolio in particular, if you are anticipating a modest seasoning of delinquencies to increase, as that collateral continues to season.
Paul Elenio -- Chief Financial Officer
Well, do not expect that with delinquencies are very, very low. The only real delinquencies we have are, on legacy assets that are in the special asset management, part of the servicing of Fannie Mae that we settle losses on. We have reserved roughly $3 million for specific reserves related to those loans and all of those loans have been outstanding a while it just has to do with timing of the presentation in the Q. But those loans about outstanding a while, and we don't really have any delinquencies to speak of outside those legacy assets that we have on our books for a while and are working through those loss shares.
But I've had enough as for on our balance sheet at this point. But overall, servicing portfolio, if credits been super benign, as you can see from the numbers and it's been performing quite well.
Jade Rhamani -- KBW -- Analyst
Got it. Thanks, for taking the questions.
Operator
Thank you. And your next question comes from Rich Shane, from JP Morgan. Your line is now open.
Rich Shane -- J.P. Morgan -- Analyst
Good morning, guys. Thanks, for taking my questions. Just a couple quick things. We noticed that the stock based comp expense was up on a percentage basis of overall comp.
I'm wondering if that-- I realize there's some seasonality related to vesting I'm wondering if that is a function of the stock price, or if there's a little bit of a shift in comp structure.
Ivan Kaufman -- President and Chief Executive Officer
No. It's more related to seasonality. We issue our restricted stock grants to our employees, and our directors in the first quarter of every year. So if you go back and look at the first quarter it may be up a little bit, because of the size of our staff, and the increase in our staff, and getting people to come on board and using some of that to attract our talent.
But for the most part, it should be pretty consistent with prior years. Again, up a little bit as we attract more talent and use our currency to do that, but for the most part, it's just a seasonality thing.
Rich Shane -- J.P. Morgan -- Analyst
Got it. The reason I asked the question is that, last year was about 8.6% of comp, this year it was about 11.8%. So that's what I'm trying to figure out if its--I realized there's a seasonality to it, but on a percentage basis, it also increased year over year.
Ivan Kaufman -- President and Chief Executive Officer
It has to do with as I mentioned, as we've attracted more talent to grow certain areas of our business. We've used that currency as a local call sign on bonuses to get people on, and that is growing a little bit. But again, I don't think it's materially different than the past, but that is some of the reason you're seeing that.
Rich Shane -- J.P. Morgan -- Analyst
The other thing we noticed was, that the MSR cap rate went down a little bit this quarter. Just curious what's driving that.
Ivan Kaufman -- President and Chief Executive Officer
Yes, it's just a little bit distorted, because you have to break apart the numbers. So on the committed volume, the committed loans we had in the quarter of $847 million, $100 million where CMBS conduit deal, so they have no servicing fee attached to them. So if you strip that out and do the MSR rate on the agency book, that was not CMBS. That ratio would've been about 1:91, and that's about what we projected it would be going forward.
And what I told you probably was on an unadjusted basis in the fourth quarter. So we just look at the numbers and dive into them, and you'll see that the CMBS volume was up in the first quarter, more than it was in the fourth or prior quarters. So it's just distorting the overall number. But on the non-CMBS agency product,it did come in about 1:91.
Rich Shane -- J.P. Morgan -- Analyst
Got it.That that makes sense. And then last question related to that increase that we've seen a steady increase on the CMBS conduit side. Is that going to be something we should continue to model in.
Ivan Kaufman -- President and Chief Executive Officer
No. I just think it's--as we service our borrowers from time to time, they have need for certain product, and we execute the product based on their needs. But I would not say that's a meaningful part of the business plan going forward.
Rich Shane -- J.P. Morgan -- Analyst
Great. Thanks, so much guys.
Operator
Thank you.[Operator instructions]. And our next question comes from Lee Cooperman from Omega Advisors. Your line is now open.
Lee Cooperman -- Omega Advisors -- Analyst
Good morning. I have my congratulations to everyone else's. Very nice quarter, you did a great job in running the company. I have one question.
How do you feel about your capital adequacy. Do you think you need more money to run the business, or you have adequate capital to run the business as you plan to run it.
Ivan Kaufman -- President and Chief Executive Officer
I think a lot had to do with our pipeline and the likelihood of our pipeline closing, and the benefit is, as we get more certainty in the growth of our pipeline, we'll raise capital whether it be debt or equity to match what's occurring. So a pipeline is pretty robust, but the certainty of closing is what we evaluate. And that will dictate our capital leads. And clearly, when we're closing loans and getting you a low to mid-teens return it would be very creative, and we'll just pick the best combination, and we'll fuel our business at the proper time.
Lee Cooperman -- Omega Advisors -- Analyst
Thank you.
Ivan Kaufman -- President and Chief Executive Officer
Thank, Lee.
Operator
Thank you. And our next question comes from Jade Rahmani from KBW. Your line is now open.
Jade Rahmani -- KBW -- Analyst
Thanks for taking the follow up. Just wondering if you can discuss the internal approval process with respect to making loans and other investments with related parties in which management has an interest. We've noticed the $30 million that you committed to a related party investment fund, and there's also a number of other related party lending that the Q is. So just wondering if you can comment on the internal process with respect to that.
Ivan Kaufman -- President and Chief Executive Officer
We have a related party policy that is internal here. I don't have it in front of me. And ultimately, we follow a specific policy, and then it goes for board approval. And each and every transaction that is related party goes through our policy and through board approval.
And the transactions are evaluated by the board on a quarterly basis at their board meeting for performance, and adherence to those policies.
Jade Rahmani -- KBW -- Analyst
Okay. And then just..
Ivan Kaufman -- President and Chief Executive Officer
And it's done by the independent directors of the board.
Jade Rahmani -- KBW -- Analyst
Great. And then just one more on technology, one of your agency peers recently acquired a technology company to improve their underwriting and servicing efficiency. So I was wondering if you guys could highlight some of the investments Arbor is making in technology, and if given the size of the servicing book and the history there. If you see data as potentially something that you can monetize in the future through some license agreements or otherwise.
Ivan Kaufman -- President and Chief Executive Officer
So, we have no intention of monetizing our data through licensing agreements, they're proprietary and the secrecy and privacy of our bar is really critical to them and to us. But more importantly, this is a global approach and a macro approach for our firm. We've invested very heavily in senior and executive management in building out the infrastructure to have a complete technology approach from solicitation. Capture and the capturing of the data, and making sure it's consistent from the origination and sales process through underwriting, through closing, who's servicing and available throughout the organization.
To create the right information flow, the right data sources, and as significantly, as you focused on is the right efficiencies in terms of cost of doing business. And we have a five year plan here. And it's a very very significant component of the way we are growing our business.
Jade Rahmani -- KBW -- Analyst
And just one last housekeeping item. Paul, what was the commission expense in the quarter for the agency originations.
Paul Elenio -- Chief Financial Officer
The commission expense for the quarter was about 37.5%. As you know, it resets in the in first quarter at year end. You catch up and then figure out where it ends up. It was up a little bit from last quarter obviously, because we're resetting into 2019, but also because our margins were up, so as our margins increased and we were able to hold strong margins the commission rate goes up as well.
But it was 37.5%.
Operator
Thank you. [Operator instructions]. And I'm showing no further questions. At this time, I'd like to turn the conference back over to Ivan Kaufman for closing remarks.
Ivan Kaufman -- President and Chief Executive Officer
Thank you, everybody for your time today. We're off to a great start for the year. We're very pleased with the way things are going, and the size of our pipeline, and I look forward for the rest of the year has been very positive. Have a great day, everybody.
Duration: 31 minutes
Call participants:
Paul Elenio -- Chief Financial Officer
Ivan Kaufman -- President and Chief Executive Officer
Steve DeLaney -- JMP Securities LLC -- Analyst
Jade Rhamani -- KBW -- Analyst
Rich Shane -- J.P. Morgan -- Analyst
Lee Cooperman -- Omega Advisors -- Analyst
Jade Rahmani -- KBW -- Analyst
More ABR analysis
All earnings call transcripts
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arbor Realty Trust (NYSE: ABR) Q1 2019 Earnings Call May. Duration: 31 minutes Call participants: Paul Elenio -- Chief Financial Officer Ivan Kaufman -- President and Chief Executive Officer Steve DeLaney -- JMP Securities LLC -- Analyst Jade Rhamani -- KBW -- Analyst Rich Shane -- J.P. Morgan -- Analyst Lee Cooperman -- Omega Advisors -- Analyst Jade Rahmani -- KBW -- Analyst More ABR analysis All earnings call transcripts This article is a transcript of this conference call produced for The Motley Fool. We clearly believe that by bringing capital put in this business, we can quickly walk off our originations capacity and capabilities, and build this out to be a significant driver of yet another income stream, and further diversify our lending platform. | Duration: 31 minutes Call participants: Paul Elenio -- Chief Financial Officer Ivan Kaufman -- President and Chief Executive Officer Steve DeLaney -- JMP Securities LLC -- Analyst Jade Rhamani -- KBW -- Analyst Rich Shane -- J.P. Morgan -- Analyst Lee Cooperman -- Omega Advisors -- Analyst Jade Rahmani -- KBW -- Analyst More ABR analysis All earnings call transcripts This article is a transcript of this conference call produced for The Motley Fool. Arbor Realty Trust (NYSE: ABR) Q1 2019 Earnings Call May. These results reflect an annualized return on average common equity of 14.5% percent which continues to increase consistently from the substantial portion of our earnings that are being generated by our growing Capital Agency business, and from the additional cost efficiencies we are experiencing as we continue to scour our Balance Sheet business.As I've mentioned, we're very pleased with our ability to increase our quarterly dividend, $0.28 a share reflecting a 12% increase from a year ago. | Duration: 31 minutes Call participants: Paul Elenio -- Chief Financial Officer Ivan Kaufman -- President and Chief Executive Officer Steve DeLaney -- JMP Securities LLC -- Analyst Jade Rhamani -- KBW -- Analyst Rich Shane -- J.P. Morgan -- Analyst Lee Cooperman -- Omega Advisors -- Analyst Jade Rahmani -- KBW -- Analyst More ABR analysis All earnings call transcripts This article is a transcript of this conference call produced for The Motley Fool. Arbor Realty Trust (NYSE: ABR) Q1 2019 Earnings Call May. This was slightly down from last year's first-quarter volume of approximately 1 billion, mainly due as we mentioned on our last call to some of this year's first quarter volume being pulled into the fourth quarter of last year from the sharp drop in the 10 year at year end. | Duration: 31 minutes Call participants: Paul Elenio -- Chief Financial Officer Ivan Kaufman -- President and Chief Executive Officer Steve DeLaney -- JMP Securities LLC -- Analyst Jade Rhamani -- KBW -- Analyst Rich Shane -- J.P. Morgan -- Analyst Lee Cooperman -- Omega Advisors -- Analyst Jade Rahmani -- KBW -- Analyst More ABR analysis All earnings call transcripts This article is a transcript of this conference call produced for The Motley Fool. Arbor Realty Trust (NYSE: ABR) Q1 2019 Earnings Call May. And our balance sheet lending operation, we grew our portfolio another 4% to $3.4 billion, and based on our current pipeline, we remain extremely confident in our ability to continue to grow our balance sheet investment portfolio in the future.Our $3.4 billion investment portfolio had an all in yield of approximately 7.71% at March 31, compared to 7.66% at December 31. |
30101.0 | 2019-04-12 00:00:00 UTC | Up 55% in 12 Months, Is Arbor Realty Trust Still a Buy? | ABR | https://www.nasdaq.com/articles/55-12-months-arbor-realty-trust-still-buy-2019-04-12 | nan | nan | Arbor Realty Trust (NYSE:) stock has had a very good year. But then again, so have most real estate investment trusts (REITs).
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The MSCI US REIT Index is up 17% year to date and 22% for the past year. That’s pretty strong performance for a relatively conservative sector. Much of the reason is interest rates.
Slower interest rate growth means that developers can find cheaper capital, which makes it more profitable to build at competitive prices. And whether it’s commercial space or residential, that makes rents lower, which helps fuel a virtuous circle of growth.
The reason why ABR has taken off in this market — up over 55% in the last 12 months — is the fact that it specializes in financing multifamily, senior and other commercial properties, including healthcare. As a specialist lender, it is now the top small multifamily lender for properties between $1 million and $5 million. And it has been focusing on the multifamily sector for the past 30 years.
What’s more, Arbor Realty Trust will also service many of the loans that it originates, which can create long-term relationships with developers. That helps over the long term, as stronger developers turn to ABR for their growing amount of projects.
Having a strong brand in a specialized segment is important. And it’s especially beneficial when economic conditions swing in your favor. That’s where ABR is now.
Looking Forward With ABR Stock
You have two important demographics that are coming together to offer great opportunities to multifamily builders. First, you have Gen Xers, Millennials and soon Gen Zers who have slogged through a decade of slow-to-no economic growth carrying huge college debt loads on their backs. What in past generations would have been the time to start a career and build up savings for a house or condo has been sucked up by student loan debt.
Also, many of them watched their parents’ most valuable asset — their house — lose some or most of its value during the recession. This has created a generation or more of would-be homeowners that are taking a different path toward what was once, “the American dream” of homeownership.
Renting is now a more attractive option.
On the other side of the coin, you have the graying baby boomers. This was the sector of the economy most impacted by the collapse of the housing market a decade ago. Many saw their houses as a store of wealth that was going to be the big chip they cashed in to fund their retirement years. Instead, they lost that store of value while likely taking care of aging parents and funding their children’s college.
That meant it was time to downsize. And given the fact that most of their savings were stripped, there isn’t much interest in buying a property that needs regular upkeep that can cost thousands of dollars a year.
Both these trends will continue to grow.
Add to that the current low-interest-rate environment and more specialized housing options for young couples, families and graying boomers, and you have a huge trend in housing for decades to come. And ABR, as a leading finance company in this booming sector, has a lot of opportunity.
So, to answer the question in the headline — yes ABR stock is still a buy. As a matter of fact, my Portfolio Grader continues to give Arbor Realty Trust an A rating.
is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, , Accelerated Profits and . His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters.
The post appeared first on InvestorPlace.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | The reason why ABR has taken off in this market — up over 55% in the last 12 months — is the fact that it specializes in financing multifamily, senior and other commercial properties, including healthcare. That helps over the long term, as stronger developers turn to ABR for their growing amount of projects. That’s where ABR is now. | The reason why ABR has taken off in this market — up over 55% in the last 12 months — is the fact that it specializes in financing multifamily, senior and other commercial properties, including healthcare. That helps over the long term, as stronger developers turn to ABR for their growing amount of projects. That’s where ABR is now. | The reason why ABR has taken off in this market — up over 55% in the last 12 months — is the fact that it specializes in financing multifamily, senior and other commercial properties, including healthcare. That helps over the long term, as stronger developers turn to ABR for their growing amount of projects. That’s where ABR is now. | The reason why ABR has taken off in this market — up over 55% in the last 12 months — is the fact that it specializes in financing multifamily, senior and other commercial properties, including healthcare. That helps over the long term, as stronger developers turn to ABR for their growing amount of projects. That’s where ABR is now. |
30102.0 | 2019-04-08 00:00:00 UTC | Arbor Realty Trust (ABR) Passes Through 8% Yield Mark | ABR | https://www.nasdaq.com/articles/arbor-realty-trust-abr-passes-through-8-yield-mark-2019-04-08-0 | nan | nan | Looking at the universe of stocks we cover at Dividend Channel , in trading on Monday, shares of Arbor Realty Trust Inc (Symbol: ABR) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.08), with the stock changing hands as low as $13.38 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return. To illustrate, suppose for example you purchased shares of the iShares Russell 3000 ETF ( IWV ) back on 5/31/2000 - you would have paid $78.27 per share. Fast forward to 5/31/2012 and each share was worth $77.79 on that date, a loss of $0.48 or 0.6% decrease over twelve years. But now consider that you collected a whopping $10.77 per share in dividends over the same period, increasing your return to 13.15%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.0%; so by comparison collecting a yield above 8% would appear considerably attractive if that yield is sustainable. Arbor Realty Trust Inc (Symbol: ABR) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets.
In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Arbor Realty Trust Inc, looking at the history chart for ABR below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 8% annual yield.
Click here to find out which 9 other dividend stocks just recently went on sale »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Looking at the universe of stocks we cover at Dividend Channel , in trading on Monday, shares of Arbor Realty Trust Inc (Symbol: ABR) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.08), with the stock changing hands as low as $13.38 on the day. Arbor Realty Trust Inc (Symbol: ABR) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets. In the case of Arbor Realty Trust Inc, looking at the history chart for ABR below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 8% annual yield. | Looking at the universe of stocks we cover at Dividend Channel , in trading on Monday, shares of Arbor Realty Trust Inc (Symbol: ABR) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.08), with the stock changing hands as low as $13.38 on the day. Arbor Realty Trust Inc (Symbol: ABR) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets. In the case of Arbor Realty Trust Inc, looking at the history chart for ABR below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 8% annual yield. | Looking at the universe of stocks we cover at Dividend Channel , in trading on Monday, shares of Arbor Realty Trust Inc (Symbol: ABR) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.08), with the stock changing hands as low as $13.38 on the day. Arbor Realty Trust Inc (Symbol: ABR) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets. In the case of Arbor Realty Trust Inc, looking at the history chart for ABR below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 8% annual yield. | Looking at the universe of stocks we cover at Dividend Channel , in trading on Monday, shares of Arbor Realty Trust Inc (Symbol: ABR) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.08), with the stock changing hands as low as $13.38 on the day. Arbor Realty Trust Inc (Symbol: ABR) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets. In the case of Arbor Realty Trust Inc, looking at the history chart for ABR below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 8% annual yield. |
30103.0 | 2019-04-08 00:00:00 UTC | Arbor Realty Trust (ABR) Passes Through 8% Yield Mark | ABR | https://www.nasdaq.com/articles/arbor-realty-trust-abr-passes-through-8-yield-mark-2019-04-08 | nan | nan | Looking at the universe of stocks we cover at Dividend Channel, in trading on Monday, shares of Arbor Realty Trust Inc (Symbol: ABR) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.08), with the stock changing hands as low as $13.38 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return. To illustrate, suppose for example you purchased shares of the iShares Russell 3000 ETF (IWV) back on 5/31/2000 — you would have paid $78.27 per share. Fast forward to 5/31/2012 and each share was worth $77.79 on that date, a loss of $0.48 or 0.6% decrease over twelve years. But now consider that you collected a whopping $10.77 per share in dividends over the same period, increasing your return to 13.15%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.0%; so by comparison collecting a yield above 8% would appear considerably attractive if that yield is sustainable. Arbor Realty Trust Inc (Symbol: ABR) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets.
In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Arbor Realty Trust Inc, looking at the history chart for ABR below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 8% annual yield.
Click here to find out which 9 other dividend stocks just recently went on sale »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Looking at the universe of stocks we cover at Dividend Channel, in trading on Monday, shares of Arbor Realty Trust Inc (Symbol: ABR) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.08), with the stock changing hands as low as $13.38 on the day. Arbor Realty Trust Inc (Symbol: ABR) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets. In the case of Arbor Realty Trust Inc, looking at the history chart for ABR below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 8% annual yield. | Looking at the universe of stocks we cover at Dividend Channel, in trading on Monday, shares of Arbor Realty Trust Inc (Symbol: ABR) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.08), with the stock changing hands as low as $13.38 on the day. Arbor Realty Trust Inc (Symbol: ABR) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets. In the case of Arbor Realty Trust Inc, looking at the history chart for ABR below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 8% annual yield. | Looking at the universe of stocks we cover at Dividend Channel, in trading on Monday, shares of Arbor Realty Trust Inc (Symbol: ABR) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.08), with the stock changing hands as low as $13.38 on the day. In the case of Arbor Realty Trust Inc, looking at the history chart for ABR below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 8% annual yield. Arbor Realty Trust Inc (Symbol: ABR) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets. | Looking at the universe of stocks we cover at Dividend Channel, in trading on Monday, shares of Arbor Realty Trust Inc (Symbol: ABR) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.08), with the stock changing hands as low as $13.38 on the day. Arbor Realty Trust Inc (Symbol: ABR) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets. In the case of Arbor Realty Trust Inc, looking at the history chart for ABR below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 8% annual yield. |
30104.0 | 2019-03-18 00:00:00 UTC | Arbor Realty Trust (ABR) Outpaces Stock Market Gains: What You Should Know | ABR | https://www.nasdaq.com/articles/arbor-realty-trust-abr-outpaces-stock-market-gains%3A-what-you-should-know-2019-03-18 | nan | nan | In the latest trading session, Arbor Realty Trust (ABR) closed at $12.94, marking a +0.62% move from the previous day. The stock outpaced the S&P 500's daily gain of 0.37%. Meanwhile, the Dow gained 0.25%, and the Nasdaq, a tech-heavy index, added 0.34%.
Prior to today's trading, shares of the real estate investment trust had gained 8.43% over the past month. This has outpaced the Finance sector's gain of 0.92% and the S&P 500's gain of 1.83% in that time.
Investors will be hoping for strength from ABR as it approaches its nex t earnings release. On that day, ABR is projected to report earnings of $0.27 per share, which would represent year-over-year growth of 8%. Our most recent consensus estimate is calling for quarterly revenue of $73.20 million, up 41.83% from the year-ago period.
ABR's full-year Zacks Consensus Estimates are calling for earnings of $1.09 per share and revenue of $312.70 million. These results would represent year-over-year changes of -9.92% and +24.2%, respectively.
Investors might also notice recent changes to analyst estimates for ABR. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 12.5% lower. ABR is currently a Zacks Rank #3 (Hold).
In terms of valuation, ABR is currently trading at a Forward P/E ratio of 11.8. This represents a discount compared to its industry's average Forward P/E of 15.05.
The REIT and Equity Trust - Other industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 138, which puts it in the bottom 46% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Arbor Realty Trust (ABR): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | In the latest trading session, Arbor Realty Trust (ABR) closed at $12.94, marking a +0.62% move from the previous day. Investors will be hoping for strength from ABR as it approaches its nex t earnings release. On that day, ABR is projected to report earnings of $0.27 per share, which would represent year-over-year growth of 8%. | In the latest trading session, Arbor Realty Trust (ABR) closed at $12.94, marking a +0.62% move from the previous day. Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Investors will be hoping for strength from ABR as it approaches its nex t earnings release. | ABR's full-year Zacks Consensus Estimates are calling for earnings of $1.09 per share and revenue of $312.70 million. In the latest trading session, Arbor Realty Trust (ABR) closed at $12.94, marking a +0.62% move from the previous day. Investors will be hoping for strength from ABR as it approaches its nex t earnings release. | In the latest trading session, Arbor Realty Trust (ABR) closed at $12.94, marking a +0.62% move from the previous day. On that day, ABR is projected to report earnings of $0.27 per share, which would represent year-over-year growth of 8%. Investors will be hoping for strength from ABR as it approaches its nex t earnings release. |
30105.0 | 2019-03-11 00:00:00 UTC | Arbor Realty Trust (ABR) Gains But Lags Market: What You Should Know | ABR | https://www.nasdaq.com/articles/arbor-realty-trust-abr-gains-but-lags-market%3A-what-you-should-know-2019-03-11 | nan | nan | Arbor Realty Trust (ABR) closed at $12.78 in the latest trading session, marking a +0.87% move from the prior day. This change lagged the S&P 500's 1.47% gain on the day. Meanwhile, the Dow gained 0.79%, and the Nasdaq, a tech-heavy index, added 2.02%.
Coming into today, shares of the real estate investment trust had gained 6.92% in the past month. In that same time, the Finance sector gained 0.38%, while the S&P 500 gained 1.5%.
Investors will be hoping for strength from ABR as it approaches its nex t earnings release. On that day, ABR is projected to report earnings of $0.27 per share, which would represent year-over-year growth of 8%. Meanwhile, our latest consensus estimate is calling for revenue of $73.20 million, up 41.83% from the prior-year quarter.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $1.09 per share and revenue of $312.70 million. These totals would mark changes of -9.92% and +24.2%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for ABR. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 12.5% lower within the past month. ABR currently has a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that ABR has a Forward P/E ratio of 11.62 right now. This represents a discount compared to its industry's average Forward P/E of 14.93.
The REIT and Equity Trust - Other industry is part of the Finance sector. This group has a Zacks Industry Rank of 175, putting it in the bottom 32% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Arbor Realty Trust (ABR): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arbor Realty Trust (ABR) closed at $12.78 in the latest trading session, marking a +0.87% move from the prior day. Investors will be hoping for strength from ABR as it approaches its nex t earnings release. On that day, ABR is projected to report earnings of $0.27 per share, which would represent year-over-year growth of 8%. | Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty Trust (ABR) closed at $12.78 in the latest trading session, marking a +0.87% move from the prior day. Investors will be hoping for strength from ABR as it approaches its nex t earnings release. | Arbor Realty Trust (ABR) closed at $12.78 in the latest trading session, marking a +0.87% move from the prior day. Investors will be hoping for strength from ABR as it approaches its nex t earnings release. On that day, ABR is projected to report earnings of $0.27 per share, which would represent year-over-year growth of 8%. | On that day, ABR is projected to report earnings of $0.27 per share, which would represent year-over-year growth of 8%. Arbor Realty Trust (ABR) closed at $12.78 in the latest trading session, marking a +0.87% move from the prior day. Investors will be hoping for strength from ABR as it approaches its nex t earnings release. |
30106.0 | 2019-02-27 00:00:00 UTC | Arbor Realty Trust (ABR) Ex-Dividend Date Scheduled for February 28, 2019 | ABR | https://www.nasdaq.com/articles/arbor-realty-trust-abr-ex-dividend-date-scheduled-february-28-2019-2019-02-27 | nan | nan | Arbor Realty Trust ( ABR ) will begin trading ex-dividend on February 28, 2019. A cash dividend payment of $0.27 per share is scheduled to be paid on March 20, 2019. Shareholders who purchased ABR prior to the ex-dividend date are eligible for the cash dividend payment.
The previous trading day's last sale of ABR was $13.06, representing a -1.3% decrease from the 52 week high of $13.23 and a 54.37% increase over the 52 week low of $8.46.
ABR is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). ABR's current earnings per share, an indicator of a company's profitability, is $1.5. Zacks Investment Research reports ABR's forecasted earnings growth in 2019 as -13.22%, compared to an industry average of %.
For more information on the declaration, record and payment dates, visit the ABR Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to ABR through an Exchange Traded Fund [ETF]?
The following ETF(s) have ABR as a top-10 holding:
First Trust DJ Select MicroCap ETF ( FDM )
USAA MSCI USA Small Cap Value Momentum Blend Index ETF ( USVM )
Xtrackers Russell 2000 Comprehensive Factor ETF ( DESC )
GraniteShares HIPS US High Income ETF ( HIPS ).
The top-performing ETF of this group is USVM with an decrease of -4.86% over the last 100 days. FDM has the highest percent weighting of ABR at 1.02%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Shareholders who purchased ABR prior to the ex-dividend date are eligible for the cash dividend payment. ABR is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). Zacks Investment Research reports ABR's forecasted earnings growth in 2019 as -13.22%, compared to an industry average of %. | Shareholders who purchased ABR prior to the ex-dividend date are eligible for the cash dividend payment. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Arbor Realty Trust ( ABR ) will begin trading ex-dividend on February 28, 2019. | Shareholders who purchased ABR prior to the ex-dividend date are eligible for the cash dividend payment. For more information on the declaration, record and payment dates, visit the ABR Dividend History page. The following ETF(s) have ABR as a top-10 holding: First Trust DJ Select MicroCap ETF ( FDM ) USAA MSCI USA Small Cap Value Momentum Blend Index ETF ( USVM ) Xtrackers Russell 2000 Comprehensive Factor ETF ( DESC ) GraniteShares HIPS US High Income ETF ( HIPS ). | Shareholders who purchased ABR prior to the ex-dividend date are eligible for the cash dividend payment. The following ETF(s) have ABR as a top-10 holding: First Trust DJ Select MicroCap ETF ( FDM ) USAA MSCI USA Small Cap Value Momentum Blend Index ETF ( USVM ) Xtrackers Russell 2000 Comprehensive Factor ETF ( DESC ) GraniteShares HIPS US High Income ETF ( HIPS ). Arbor Realty Trust ( ABR ) will begin trading ex-dividend on February 28, 2019. |
30107.0 | 2019-02-22 00:00:00 UTC | The Zacks Analyst Blog Highlights: Arbor Realty, NexPoint, Jones Lang, Colliers and PennyMac | ABR | https://www.nasdaq.com/articles/the-zacks-analyst-blog-highlights%3A-arbor-realty-nexpoint-jones-lang-colliers-and-pennymac | nan | nan | For Immediate Release
Chicago, IL -February 22, 2019 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Arbor Realty TrustABR , NexPoint Residential Trust, Inc.NXRT , Jones Lang LaSalle Inc.JLL , Colliers International Group Inc.CIGI and PennyMac Mortgage Investment TrustPMT .
Here are highlights from Thursday's Analyst Blog:
Play the Real Estate Segment with These 5 Stocks
Not many have the inclination or the means for real estate investment, despite the fact that it helps diversify the portfolio and balance out its risk/reward profile. But real estate investment trusts (REITs) or real estate focused exchange traded funds (ETFs) are a good way to play the sector. This is particularly true for income-seeking investors because of the high dividend yields they typically offer.
The current environment, while wrought with Sino-U.S. trade tensions, a global slowdown in growth and Brexit-related uncertainties, remains positive for the group mainly because of its highly localized nature, the promise of steadier interest rates and easier availability of capital. Low unemployment levels and demographics also support increased spending, including on real estate.
In general, a well-diversified portfolio of real estate assets, strong revenue growth prospects and low leverage that could help companies add to their asset base are positives for industry players.
Here are a few worth considering-
Arbor Realty Trust
Arbor Realty Trust is a specialized real estate finance company investing in real estate-related bridge and mezzanine loans, preferred equity, mortgage-related securities and other real estate-related assets. Key numbers are:
Zacks Rank #1
Expected revenue growth for 2019 is 24.2%
Dividend yield 8.49%
Debt cap ratio 66.6%
NexPoint Residential Trust, Inc.
Dallas-based NexPoint Residential Trust acquires, owns, operates and selectively develops multifamily properties. It operates primarily in the Southeastern states and Texas. Key numbers are:
Zacks Rank #1 (Strong Buy)
Expected revenue growth for 2019 10.8%
Dividend yield 2.94%
Debt cap ratio 79.4%
Jones Lang LaSalle Inc.
Jones Lang LaSalle is a leading, global professional services and investment management firm specializing in real estate. Key numbers are:
Zacks Rank #1
Expected revenue growth for 2019 3.8%
Dividend yield 0.50%
Debt cap ratio 14.9%
Colliers International Group Inc.
Colliers International Group provides commercial real estate services including outsourcing and advisory services, lease brokerage and sales brokerage. The company's operates across the Americas; Europe, Middle East and Africa (EMEA); as well as the Asia Pacific. Key numbers are:
Zacks Rank #1
Expected revenue growth for 2019 9.0%
Dividend yield 0.14%
Debt cap ratio 72.1%
PennyMac Mortgage Investment Trust
PennyMac Mortgage Investment Trust is a real estate investment trust operating as a specialty finance company primarily invested in troubled residential mortgage loans and mortgage-related assets from FDIC liquidations of failed banks, US Treasury Legacy Loans Program auctions, and direct acquisitions from mortgage and insurance companies and foreign banks. The Company's objective is to provide risk-adjusted returns to its investors over the long-term, primarily through dividends and secondarily through capital appreciation.
Zacks Rank #1
Expected revenue growth for 2019 4.9%
Dividend yield 9.49%
Debt cap ratio 26.4%
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss . This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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Arbor Realty Trust (ABR): Free Stock Analysis Report
Jones Lang LaSalle Incorporated (JLL): Free Stock Analysis Report
Colliers International Group Inc. (CIGI): Free Stock Analysis Report
PennyMac Mortgage Investment Trust (PMT): Free Stock Analysis Report
NexPoint Residential Trust, Inc. (NXRT): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Stocks recently featured in the blog include: Arbor Realty TrustABR , NexPoint Residential Trust, Inc.NXRT , Jones Lang LaSalle Inc.JLL , Colliers International Group Inc.CIGI and PennyMac Mortgage Investment TrustPMT . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Jones Lang LaSalle Incorporated (JLL): Free Stock Analysis Report Colliers International Group Inc. (CIGI): Free Stock Analysis Report PennyMac Mortgage Investment Trust (PMT): Free Stock Analysis Report NexPoint Residential Trust, Inc. (NXRT): Free Stock Analysis Report To read this article on Zacks.com click here. The current environment, while wrought with Sino-U.S. trade tensions, a global slowdown in growth and Brexit-related uncertainties, remains positive for the group mainly because of its highly localized nature, the promise of steadier interest rates and easier availability of capital. | Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Jones Lang LaSalle Incorporated (JLL): Free Stock Analysis Report Colliers International Group Inc. (CIGI): Free Stock Analysis Report PennyMac Mortgage Investment Trust (PMT): Free Stock Analysis Report NexPoint Residential Trust, Inc. (NXRT): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks recently featured in the blog include: Arbor Realty TrustABR , NexPoint Residential Trust, Inc.NXRT , Jones Lang LaSalle Inc.JLL , Colliers International Group Inc.CIGI and PennyMac Mortgage Investment TrustPMT . Key numbers are: Zacks Rank #1 (Strong Buy) Expected revenue growth for 2019 10.8% Dividend yield 2.94% Debt cap ratio 79.4% Jones Lang LaSalle Inc. Jones Lang LaSalle is a leading, global professional services and investment management firm specializing in real estate. | Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Jones Lang LaSalle Incorporated (JLL): Free Stock Analysis Report Colliers International Group Inc. (CIGI): Free Stock Analysis Report PennyMac Mortgage Investment Trust (PMT): Free Stock Analysis Report NexPoint Residential Trust, Inc. (NXRT): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks recently featured in the blog include: Arbor Realty TrustABR , NexPoint Residential Trust, Inc.NXRT , Jones Lang LaSalle Inc.JLL , Colliers International Group Inc.CIGI and PennyMac Mortgage Investment TrustPMT . Key numbers are: Zacks Rank #1 (Strong Buy) Expected revenue growth for 2019 10.8% Dividend yield 2.94% Debt cap ratio 79.4% Jones Lang LaSalle Inc. Jones Lang LaSalle is a leading, global professional services and investment management firm specializing in real estate. | Stocks recently featured in the blog include: Arbor Realty TrustABR , NexPoint Residential Trust, Inc.NXRT , Jones Lang LaSalle Inc.JLL , Colliers International Group Inc.CIGI and PennyMac Mortgage Investment TrustPMT . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Jones Lang LaSalle Incorporated (JLL): Free Stock Analysis Report Colliers International Group Inc. (CIGI): Free Stock Analysis Report PennyMac Mortgage Investment Trust (PMT): Free Stock Analysis Report NexPoint Residential Trust, Inc. (NXRT): Free Stock Analysis Report To read this article on Zacks.com click here. Key numbers are: Zacks Rank #1 Expected revenue growth for 2019 9.0% Dividend yield 0.14% Debt cap ratio 72.1% PennyMac Mortgage Investment Trust PennyMac Mortgage Investment Trust is a real estate investment trust operating as a specialty finance company primarily invested in troubled residential mortgage loans and mortgage-related assets from FDIC liquidations of failed banks, US Treasury Legacy Loans Program auctions, and direct acquisitions from mortgage and insurance companies and foreign banks. |
30108.0 | 2019-02-21 00:00:00 UTC | Host Hotels & Resorts (HST) Jumps: Stock Rises 6.3% | ABR | https://www.nasdaq.com/articles/host-hotels-resorts-hst-jumps%3A-stock-rises-6.3-2019-02-21 | nan | nan | Host Hotels & Resorts, Inc.HST was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $17.05 to $18.64 in the past one-month time frame.
The move came after the company reported solid fourth-quarter 2018 results. It also announced the buyout of 1 Hotel South Beach for $610 million.
The company has seen a mixed track record when it comes to estimate revision of no increase and two decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter has remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Host Hotels & Resorts currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Host Hotels & Resorts, Inc. Price
Host Hotels & Resorts, Inc. Price | Host Hotels & Resorts, Inc. Quote
Investors interested in the REIT and Equity Trust - Other industry may consider Arbor Realty Trust ABR , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Is HST going up? Or down? Predict to see what others think: Up or Down
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This outperformance has not just been a recent phenomenon. From 2000 - 2018, while the S&P averaged +4.8% per year, our top strategies averaged up to +56.2% per year.
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Arbor Realty Trust (ABR): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Host Hotels & Resorts, Inc. Price Host Hotels & Resorts, Inc. Price | Host Hotels & Resorts, Inc. Quote Investors interested in the REIT and Equity Trust - Other industry may consider Arbor Realty Trust ABR , which has a Zacks Rank #1 (Strong Buy). Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Host Hotels & Resorts, Inc. (HST): Free Stock Analysis Report To read this article on Zacks.com click here. Host Hotels & Resorts, Inc.HST was a big mover last session, as the company saw its shares rise more than 6% on the day. | Host Hotels & Resorts, Inc. Price Host Hotels & Resorts, Inc. Price | Host Hotels & Resorts, Inc. Quote Investors interested in the REIT and Equity Trust - Other industry may consider Arbor Realty Trust ABR , which has a Zacks Rank #1 (Strong Buy). Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Host Hotels & Resorts, Inc. (HST): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Host Hotels & Resorts, Inc. Price Host Hotels & Resorts, Inc. Price | Host Hotels & Resorts, Inc. Quote Investors interested in the REIT and Equity Trust - Other industry may consider Arbor Realty Trust ABR , which has a Zacks Rank #1 (Strong Buy). Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Host Hotels & Resorts, Inc. (HST): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Host Hotels & Resorts, Inc. (HST): Free Stock Analysis Report To read this article on Zacks.com click here. Host Hotels & Resorts, Inc. Price Host Hotels & Resorts, Inc. Price | Host Hotels & Resorts, Inc. Quote Investors interested in the REIT and Equity Trust - Other industry may consider Arbor Realty Trust ABR , which has a Zacks Rank #1 (Strong Buy). Host Hotels & Resorts, Inc.HST was a big mover last session, as the company saw its shares rise more than 6% on the day. |
30109.0 | 2019-02-21 00:00:00 UTC | Play the Real Estate Segment with These 5 Stocks | ABR | https://www.nasdaq.com/articles/play-real-estate-segment-these-5-stocks-2019-02-21 | nan | nan | Not many have the inclination or the means for real estate investment, despite the fact that it helps diversify the portfolio and balance out its risk/reward profile. But real estate investment trusts (REITs) or real estate focused exchange traded funds (ETFs) are a good way to play the sector. This is particularly true for income-seeking investors because of the high dividend yields they typically offer.
The current environment, while wrought with Sino-U.S. trade tensions, a global slowdown in growth and Brexit-related uncertainties, remains positive for the group mainly because of its highly localized nature, the promise of steadier interest rates and easier availability of capital. Low unemployment levels and demographics also support increased spending, including on real estate.
In general, a well-diversified portfolio of real estate assets, strong revenue growth prospects and low leverage that could help companies add to their asset base are positives for industry players.
Here are a few worth considering-
Arbor Realty Trust ABR
Arbor Realty Trust is a specialized real estate finance company investing in real estate-related bridge and mezzanine loans, preferred equity, mortgage-related securities and other real estate-related assets.Key numbers are:
Zacks Rank #1
Expected revenue growth for 2019 is 24.2%
Dividend yield 8.49%
Debt cap ratio 66.6%
NexPoint Residential Trust, Inc. NXRT
Dallas-based NexPoint Residential Trust acquires, owns, operates and selectively develops multifamily properties. It operates primarily in the Southeastern states and Texas. Key numbers are:
Zacks Rank #1 (Strong Buy)
Expected revenue growth for 2019 10.8%
Dividend yield 2.94%
Debt cap ratio 79.4%
Jones Lang LaSalle Inc. JLL
Jones Lang LaSalle is a leading, global professional services and investment management firm specializing in real estate. Key numbers are:
Zacks Rank #1
Expected revenue growth for 2019 3.8%
Dividend yield 0.50%
Debt cap ratio 14.9%
Colliers International Group Inc. CIGI
Colliers International Group provides commercial real estate services including outsourcing and advisory services, lease brokerage and sales brokerage. The company's operates across the Americas; Europe, Middle East and Africa (EMEA); as well as the Asia Pacific. Key numbers are:
Zacks Rank #1
Expected revenue growth for 2019 9.0%
Dividend yield 0.14%
Debt cap ratio 72.1%
PennyMac Mortgage Investment Trust PMT
PennyMac Mortgage Investment Trust is a real estate investment trust operating as a specialty finance company primarily invested in troubled residential mortgage loans and mortgage-related assets from FDIC liquidations of failed banks, US Treasury Legacy Loans Program auctions, and direct acquisitions from mortgage and insurance companies and foreign banks. The Company's objective is to provide risk-adjusted returns to its investors over the long-term, primarily through dividends and secondarily through capital appreciation.
Zacks Rank #1
Expected revenue growth for 2019 4.9%
Dividend yield 9.49%
Debt cap ratio 26.4%
Today's Best Stocks from Zacks
Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2018, while the S&P 500 gained +15.8%, five of our screens returned +38.0%, +61.3%, +61.6%, +68.1%, and +98.3%.
This outperformance has not just been a recent phenomenon. From 2000 - 2018, while the S&P averaged +4.8% per year, our top strategies averaged up to +56.2% per year.
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Arbor Realty Trust (ABR): Free Stock Analysis Report
Jones Lang LaSalle Incorporated (JLL): Free Stock Analysis Report
Colliers International Group Inc. (CIGI): Free Stock Analysis Report
PennyMac Mortgage Investment Trust (PMT): Free Stock Analysis Report
NexPoint Residential Trust, Inc. (NXRT): Free Stock Analysis Report
To read this article on Zacks.com click here.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Here are a few worth considering- Arbor Realty Trust ABR Arbor Realty Trust is a specialized real estate finance company investing in real estate-related bridge and mezzanine loans, preferred equity, mortgage-related securities and other real estate-related assets.Key numbers are: Zacks Rank #1 Expected revenue growth for 2019 is 24.2% Dividend yield 8.49% Debt cap ratio 66.6% NexPoint Residential Trust, Inc. NXRT Dallas-based NexPoint Residential Trust acquires, owns, operates and selectively develops multifamily properties. Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Jones Lang LaSalle Incorporated (JLL): Free Stock Analysis Report Colliers International Group Inc. (CIGI): Free Stock Analysis Report PennyMac Mortgage Investment Trust (PMT): Free Stock Analysis Report NexPoint Residential Trust, Inc. (NXRT): Free Stock Analysis Report To read this article on Zacks.com click here. The current environment, while wrought with Sino-U.S. trade tensions, a global slowdown in growth and Brexit-related uncertainties, remains positive for the group mainly because of its highly localized nature, the promise of steadier interest rates and easier availability of capital. | Here are a few worth considering- Arbor Realty Trust ABR Arbor Realty Trust is a specialized real estate finance company investing in real estate-related bridge and mezzanine loans, preferred equity, mortgage-related securities and other real estate-related assets.Key numbers are: Zacks Rank #1 Expected revenue growth for 2019 is 24.2% Dividend yield 8.49% Debt cap ratio 66.6% NexPoint Residential Trust, Inc. NXRT Dallas-based NexPoint Residential Trust acquires, owns, operates and selectively develops multifamily properties. Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Jones Lang LaSalle Incorporated (JLL): Free Stock Analysis Report Colliers International Group Inc. (CIGI): Free Stock Analysis Report PennyMac Mortgage Investment Trust (PMT): Free Stock Analysis Report NexPoint Residential Trust, Inc. (NXRT): Free Stock Analysis Report To read this article on Zacks.com click here. Key numbers are: Zacks Rank #1 Expected revenue growth for 2019 9.0% Dividend yield 0.14% Debt cap ratio 72.1% PennyMac Mortgage Investment Trust PMT PennyMac Mortgage Investment Trust is a real estate investment trust operating as a specialty finance company primarily invested in troubled residential mortgage loans and mortgage-related assets from FDIC liquidations of failed banks, US Treasury Legacy Loans Program auctions, and direct acquisitions from mortgage and insurance companies and foreign banks. | Here are a few worth considering- Arbor Realty Trust ABR Arbor Realty Trust is a specialized real estate finance company investing in real estate-related bridge and mezzanine loans, preferred equity, mortgage-related securities and other real estate-related assets.Key numbers are: Zacks Rank #1 Expected revenue growth for 2019 is 24.2% Dividend yield 8.49% Debt cap ratio 66.6% NexPoint Residential Trust, Inc. NXRT Dallas-based NexPoint Residential Trust acquires, owns, operates and selectively develops multifamily properties. Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Jones Lang LaSalle Incorporated (JLL): Free Stock Analysis Report Colliers International Group Inc. (CIGI): Free Stock Analysis Report PennyMac Mortgage Investment Trust (PMT): Free Stock Analysis Report NexPoint Residential Trust, Inc. (NXRT): Free Stock Analysis Report To read this article on Zacks.com click here. Key numbers are: Zacks Rank #1 Expected revenue growth for 2019 9.0% Dividend yield 0.14% Debt cap ratio 72.1% PennyMac Mortgage Investment Trust PMT PennyMac Mortgage Investment Trust is a real estate investment trust operating as a specialty finance company primarily invested in troubled residential mortgage loans and mortgage-related assets from FDIC liquidations of failed banks, US Treasury Legacy Loans Program auctions, and direct acquisitions from mortgage and insurance companies and foreign banks. | Here are a few worth considering- Arbor Realty Trust ABR Arbor Realty Trust is a specialized real estate finance company investing in real estate-related bridge and mezzanine loans, preferred equity, mortgage-related securities and other real estate-related assets.Key numbers are: Zacks Rank #1 Expected revenue growth for 2019 is 24.2% Dividend yield 8.49% Debt cap ratio 66.6% NexPoint Residential Trust, Inc. NXRT Dallas-based NexPoint Residential Trust acquires, owns, operates and selectively develops multifamily properties. Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Jones Lang LaSalle Incorporated (JLL): Free Stock Analysis Report Colliers International Group Inc. (CIGI): Free Stock Analysis Report PennyMac Mortgage Investment Trust (PMT): Free Stock Analysis Report NexPoint Residential Trust, Inc. (NXRT): Free Stock Analysis Report To read this article on Zacks.com click here. Key numbers are: Zacks Rank #1 Expected revenue growth for 2019 9.0% Dividend yield 0.14% Debt cap ratio 72.1% PennyMac Mortgage Investment Trust PMT PennyMac Mortgage Investment Trust is a real estate investment trust operating as a specialty finance company primarily invested in troubled residential mortgage loans and mortgage-related assets from FDIC liquidations of failed banks, US Treasury Legacy Loans Program auctions, and direct acquisitions from mortgage and insurance companies and foreign banks. |
30110.0 | 2019-02-21 00:00:00 UTC | Validea John Neff Strategy Daily Upgrade Report - 2/21/2019 | ABR | https://www.nasdaq.com/articles/validea-john-neff-strategy-daily-upgrade-report-2212019-2019-02-21 | nan | nan | The following are today's upgrades for Validea's Low PE Investor model based on the published strategy of John Neff . This strategy looks for firms with persisten t earnings growth that trade at a discount relative to their earnings growth and dividend yield.
ARBOR REALTY TRUST INC ( ABR ) is a small-cap value stock in the Construction Services industry. The rating according to our strategy based on John Neff changed from 60% to 79% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Arbor Realty Trust, Inc. is a real estate investment trust. The Company invests in a portfolio of structured finance assets in the multifamily and commercial real estate markets, primarily consisting of bridge and mezzanine loans, including junior participating interests in first mortgages, preferred and direct equity. Its segments include Structured Business and Agency Business. In addition, the Company may also directly acquire real property and invest in real estate-related notes and certain mortgage-related securities. It focuses on investment types, such as Bridge Financing, Mezzanine Financing, Junior Participation Financing and Preferred Equity Investments. It offers bridge financing products to borrowers, typically seeking short-term capital to use in an acquisition of property. It offers mezzanine financing in the form of loans that are subordinate to a conventional first mortgage loan and senior to the borrower's equity in a transaction.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
NOBLE MIDSTREAM PARTNERS LP ( NBLX ) is a small-cap value stock in the Oil & Gas - Integrated industry. The rating according to our strategy based on John Neff changed from 58% to 77% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Noble Midstream Partners LP is engaged in owning, operating, developing and acquiring a range of domestic midstream infrastructure assets. The Company's areas of focus are in the area of Denver-Julesburg (DJ) Basin in Colorado and the Southern Delaware Basin position of the Permian Basin in Texas (Delaware Basin). Its segments include Gathering Systems, Fresh Water Delivery, and Investments in White Cliffs and Other. The Gathering Systems segment includes crude oil, natural gas and produced water gathering, as well as crude oil treating. It holds interest in White Cliffs Pipeline L.L.C. (the White Cliffs Interest). The Investments in White Cliffs and Other segment includes activity associated with the White Cliffs Interest. As of December 31, 2016, the White Cliffs Pipeline system consisted of two 527-mile crude oil pipelines that extended from the DJ Basin to the Cushing, Oklahoma. It provides crude oil, natural gas, and water-related midstream services for Noble Energy, Inc.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
Since its inception, Validea's strategy based on John Neff has returned 137.02% vs. 151.22% for the S&P 500. For more details on this strategy, click here
About John Neff : While known as the manager with whom many top managers entrusted their own money, Neff was far from the smooth-talking, high-profile Wall Streeter you might expect. He was mild-mannered and low-key, and the same might be said of the Windsor Fund that he managed for more than three decades. In fact, Neff himself described the fund as "relatively prosaic, dull, [and] conservative." There was nothing dull about his results, however. From 1964 to 1995, Neff guided Windsor to a 13.7 percent average annual return, easily outpacing the S&P 500's 10.6 percent return during that time. That 3.1 percentage point difference is huge over time -- a $10,000 investment in Windsor (with dividends reinvested) at the start of Neff's tenure would have ended up as more than $564,000 by the time he retired, more than twice what the same investment in the S&P would have yielded (about $233,000). Considering the length of his tenure, that track record may be the best ever for a manager of such a large fund.
About Validea : Validea is an investment research service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | ARBOR REALTY TRUST INC ( ABR ) is a small-cap value stock in the Construction Services industry. The following are today's upgrades for Validea's Low PE Investor model based on the published strategy of John Neff . The Company invests in a portfolio of structured finance assets in the multifamily and commercial real estate markets, primarily consisting of bridge and mezzanine loans, including junior participating interests in first mortgages, preferred and direct equity. | ARBOR REALTY TRUST INC ( ABR ) is a small-cap value stock in the Construction Services industry. The Company invests in a portfolio of structured finance assets in the multifamily and commercial real estate markets, primarily consisting of bridge and mezzanine loans, including junior participating interests in first mortgages, preferred and direct equity. It focuses on investment types, such as Bridge Financing, Mezzanine Financing, Junior Participation Financing and Preferred Equity Investments. | ARBOR REALTY TRUST INC ( ABR ) is a small-cap value stock in the Construction Services industry. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The Company invests in a portfolio of structured finance assets in the multifamily and commercial real estate markets, primarily consisting of bridge and mezzanine loans, including junior participating interests in first mortgages, preferred and direct equity. | ARBOR REALTY TRUST INC ( ABR ) is a small-cap value stock in the Construction Services industry. The Company invests in a portfolio of structured finance assets in the multifamily and commercial real estate markets, primarily consisting of bridge and mezzanine loans, including junior participating interests in first mortgages, preferred and direct equity. As of December 31, 2016, the White Cliffs Pipeline system consisted of two 527-mile crude oil pipelines that extended from the DJ Basin to the Cushing, Oklahoma. |
30111.0 | 2019-02-18 00:00:00 UTC | Is Arbor Realty Trust (ABR) Outperforming Other Finance Stocks This Year? | ABR | https://www.nasdaq.com/articles/is-arbor-realty-trust-abr-outperforming-other-finance-stocks-this-year-2019-02-18 | nan | nan | For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Arbor Realty Trust (ABR) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Arbor Realty Trust is one of 851 companies in the Finance group. The Finance group currently sits at #11 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. ABR is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for ABR's full-year earnings has moved 0.84% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, ABR has moved about 22.15% on a year-to-date basis. In comparison, Finance companies have returned an average of 10.52%. This means that Arbor Realty Trust is performing better than its sector in terms of year-to-date returns.
Looking more specifically, ABR belongs to the REIT and Equity Trust - Other industry, which includes 121 individual stocks and currently sits at #148 in the Zacks Industry Rank. On average, stocks in this group have gained 13.61% this year, meaning that ABR is performing better in terms of year-to-date returns.
Investors with an interest in Finance stocks should continue to track ABR. The stock will be looking to continue its solid performance.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | On average, stocks in this group have gained 13.61% this year, meaning that ABR is performing better in terms of year-to-date returns. Has Arbor Realty Trust (ABR) been one of those stocks this year? ABR is currently sporting a Zacks Rank of #1 (Strong Buy). | On average, stocks in this group have gained 13.61% this year, meaning that ABR is performing better in terms of year-to-date returns. Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Has Arbor Realty Trust (ABR) been one of those stocks this year? | Looking more specifically, ABR belongs to the REIT and Equity Trust - Other industry, which includes 121 individual stocks and currently sits at #148 in the Zacks Industry Rank. On average, stocks in this group have gained 13.61% this year, meaning that ABR is performing better in terms of year-to-date returns. Has Arbor Realty Trust (ABR) been one of those stocks this year? | Has Arbor Realty Trust (ABR) been one of those stocks this year? ABR is currently sporting a Zacks Rank of #1 (Strong Buy). Over the past three months, the Zacks Consensus Estimate for ABR's full-year earnings has moved 0.84% higher. |
30112.0 | 2019-02-15 00:00:00 UTC | Arbor Realty Trust (ABR) Q4 FFO and Revenues Beat Estimates | ABR | https://www.nasdaq.com/articles/arbor-realty-trust-abr-q4-ffo-and-revenues-beat-estimates-2019-02-15 | nan | nan | Arbor Realty Trust (ABR) came out with quarterly funds from operations (FFO) of $0.29 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to FFO of $0.25 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an FFO surprise of 7.41%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.36 per share when it actually produced FFO of $0.37, delivering a surprise of 2.78%.
Over the last four quarters, the company has surpassed consensus FFO estimates four times.
Arbor Realty Trust, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $73.36 million for the quarter ended December 2018, surpassing the Zacks Consensus Estimate by 6.01%. This compares to year-ago revenues of $46.05 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call .
Arbor Realty Trust shares have added about 17.8% since the beginning of the year versus the S&P 500's gain of 9.5%.
What's Next for Arbor Realty Trust?
While Arbor Realty Trust has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's FFO outlook. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Arbor Realty Trust was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus FFO estimate is $0.28 on $73.20 million in revenues for the coming quarter and $1.18 on $312.70 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, REIT and Equity Trust - Other is currently in the bottom 39% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arbor Realty Trust (ABR) came out with quarterly funds from operations (FFO) of $0.29 per share, beating the Zacks Consensus Estimate of $0.27 per share. Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call . | Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty Trust (ABR) came out with quarterly funds from operations (FFO) of $0.29 per share, beating the Zacks Consensus Estimate of $0.27 per share. Arbor Realty Trust, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $73.36 million for the quarter ended December 2018, surpassing the Zacks Consensus Estimate by 6.01%. | Arbor Realty Trust (ABR) came out with quarterly funds from operations (FFO) of $0.29 per share, beating the Zacks Consensus Estimate of $0.27 per share. Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty Trust, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $73.36 million for the quarter ended December 2018, surpassing the Zacks Consensus Estimate by 6.01%. | Arbor Realty Trust (ABR) came out with quarterly funds from operations (FFO) of $0.29 per share, beating the Zacks Consensus Estimate of $0.27 per share. Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. While Arbor Realty Trust has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? |
30113.0 | 2019-02-15 00:00:00 UTC | Arbor Realty Trust Inc (ABR) Q4 2018 Earnings Conference Call Transcript | ABR | https://www.nasdaq.com/articles/arbor-realty-trust-inc-abr-q4-2018-earnings-conference-call-transcript-2019-02-15 | nan | nan | Arbor Realty Trust Inc (NYSE: ABR)
Q4 2018 Earnings Conference Call
Feb. 15, 2019 , 10:00 a.m. ET
Contents:
Prepared Remarks
Questions and Answers
Call Participants
Prepared Remarks:
Operator
Good day, ladies and gentlemen, and welcome to the Q4 2018 Arbor Realty Trust Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will be given at that time. (Operator Instructions) And as a reminder, today's conference call is being recorded.
I'd now like to turn the conference over to Paul Elenio, Chief Financial Officer. Please go ahead.
Paul Elenio -- Chief Financial Officer
Okay. Thank you, and good morning, everyone, and welcome to the quarterly earnings call for Arbor Realty Trust. This morning, we'll discuss the results for the quarter and year ended December 31, 2018. With me on the call today is Ivan Kaufman, our President and Chief Executive Officer.
Before we begin, I need to inform you that statements made in this earnings call may be deemed forward-looking statements that are subject to risks and uncertainties, including information about possible or assumed future results of our business, financial condition, liquidity, results of operations, plans and objectives. These statements are based on our beliefs, assumptions and expectations of our future performance, taking into account the information currently available to us. Factors that could cause actual results to differ materially from Arbor's expectations in these forward-looking statements are detailed in our SEC reports. Listeners are cautioned not to place undue reliance on these forward-looking statements, which speak only as of today. Arbor undertakes no obligation to publicly update or revise these forward-looking statements to reflect events or circumstances after today or the occurrences of unanticipated events.
I'll now turn the call over to Arbor's President and CEO, Ivan Kaufman.
Ivan Kaufman -- President & Chief Executive Officer
Thank you, Paul, and thanks to everyone for joining us on today's call. We're very excited today to discuss the significant success we had in closing out 2018, as well as our plans and outlook for 2019. As you can see from this morning's press release, we had an exceptional fourth quarter with tremendous operating results, which continues to demonstrate the strength of our brand and value of our operating franchise. Additionally, our income stream is a very diversified long-dated providing a predictable and reoccurring annuity of core earnings, making us very comfortable with the level of our current dividend and confident in our ability to increase our dividend in the future. Our 2018 highlights were truly remarkable and exceeded our expectations. Some of the more significant accomplishments included generating substantial growth in our core earnings allowing us to increase our dividend twice, and significantly earlier than expected to an annual run rate of $1.08 per share, which represents a 29% increase in 2018, delivering a total shareholder return of 30% in 2018 and 26% annually for the last few years, achieving returns on equity of in excess of 30%, a 23% increase over our 2017 returns, producing record originations of $6.8 billion, an 8% increase from our record 2017 numbers, continuing to be a market leader in the small balance lending arena, increasing our balance sheet 24% in 2018 to $3.3 billion, growing our servicing portfolio at $18.6 billion, a 15% increase in 2017, continuing to be a market leader in the non-recourse securitization arena closing our tenth and largest CLO totaling $560 million, and improving terms and flexibility, achieving significant economies of scale to substantially reduce debt cost in all of our borrowing facilities allowing us to maintain levered returns in excess of 13% in an extremely competitive environment, and effectively accessing accretive growth capital raising $215 million allowed us to fund our growing pipeline and increased our core earnings.
The considerable growth we produced in our servicing revenues as core earnings and net interest income from our balance sheet portfolio in 2018 has provided us with a very strong baseline of predictable and stable earnings heading into 2019. This makes us feel very comfortable with our current dividend and confident in our ability to grow our dividend in the future. We will be providing a chart with our next investor deck detailing our income sources on a year-over-year basis. This will illustrate the quality, diversity and duration of our income streams, which differentiates us from our peers and why we believe we should be trading at a lower dividend yield than our peer group.
To highlight this further, I would like to talk about the tremendous growth we had in both of our business platforms. In our agency business, we produce significant origination volumes with strong margins, while maintaining our servicing fee and growing our servicing portfolio. We originated $1.6 billion in agency loans in the fourth quarter, which is a highest quarterly total in our history and originated a record $5.1 billion in loans in 2018, representing a 15% increase over our 2017 volumes. We also finished as a top 10 Fannie Mae DUS lender for the 12th consecutive year, a distinction only one other DUS lender has achieved and we're once again a top small balance lender for Fannie Mae and Freddie Mac, as well.
We also grew our servicing portfolio another 5% in the fourth quarter and over 35% in the last two years and are now at $18.6 billion. This portfolio generates a servicing fee of 45 basis points and has an average remaining life of 8.5 years, which reflects a 13% increase in duration over the last two years. As a result, we have created a very significant long-dated predictable annuity of income of over $80 million growth annually and growing, the majority of which is prepayment protected.
In addition, this growth has resulted in increases in our escrow balances that combined with a significant increase in LIBOR has considerable increase to our earnings run rate associated with these balances leading into 2019. And these income streams combined with the fee income we generate from our originations, has also created significant diversity and a high level of certainty in our income sources.
With respect to our balance sheet business, we continue to focus on growing our loan book. We grow this -- we grew this portfolio 48% in 2017 and another 24% in 2018 and $1.7 billion in new originations, and we now have a $3.3 billion portfolio heading into 2019. The income generated from these assets is a significant component of our earnings. And based on our strong pipeline, we remain confident in our ability to continue to grow this income stream in the future.
As I have discussed in the past, the market remains fiercely competitive and we do expect this environment to continue throughout 2019, while this would result in some margin compression on our agency product, it will be somewhat offset by reduced commission expenses. We also continue to extend out the duration of our servicing portfolio and have been increasing our average loan size with larger deals that will drive down our servicing costs, creating more long-dated predictable annuity of income.
In addition, as we have talked about on our last few calls, we remain very committed to growing our presence in the single-family rental market. We believe the single-family rental market is as big as the multifamily market and at this point the very -- is very fragmented, and we are very committed to becoming a leader in this space. We were an active participant in the Freddie Mac SFR pilot program prior to its conclusion, and we achieved a significant amount of success in a very short period of time. And we are now investing heavily to build out the appropriate infrastructure to develop this platform and are very pleased in our ability to generate a pipeline already.
In addition, we announced earlier this week, we hired Steve Katz, as Chief Investment Officer of SFR to lead and continue to develop this platform. Steve comes with over 25 years of experience in residential mortgage banking and recently was the Managing Director of Residential Loan Trading and Lending Groups for Morgan Stanley. We're very, very excited to have Steve join our executive team, and are looking forward to leveraging Steve's expertise in our national sales and operational platform to significantly grow this business and further diversify our lending platform.
Overall, we're extremely pleased with our 2018 results and in the tremendous success we are having in growing our business, greatly enhancing the value of our franchise and a significant return we have generated to our shareholders. Our results have been truly remarkable and consistently outperformed our peers. We are also very excited about our ability to continue to grow our brand, expand our market presence and here we have created a very strong baseline of diversified, predictable core earnings heading into 2019.
We're a complete operating franchise with a significant diverse capital-light Agency Business, which has allowed us to consistently increase our earnings and create more predictable, stable and long-dated income streams. And again, we remain confident in our ability to continue to grow our dividend in the future and we'll continue to work very hard to maximize the return to our shareholders.
I will now turn the call over to Paul to take you through our financial results.
Paul Elenio -- Chief Financial Officer
Okay. Thank you, Ivan. As our press release this morning indicated, we had an incredible fourth quarter and full year 2018. As a result, AFFO was $28.9 million or $0.29 per share for the fourth quarter and $113.1 million or $1.21 per share for the full year 2018. Our AFFO for the fourth quarter was $0.39 per share, excluding a $10 million non-cash loan loss reserve related to a land development project, that is our only remaining significant legacy asset left over from the financial crisis. And these results reflect an annualized return on average common equity of approximately 13% for both the fourth quarter and full year 2018 and 17% and 14% respectively, excluding this legacy asset reserve. These ROEs are up significantly from the same time last year due to the substantial portion of our earnings that are being generated by our rapidly growing capital-light Agency Business and from the additional cost efficiencies we are experiencing, as we continue to scale our balance sheet business. As Ivan mentioned, we are very pleased with our ability to continue to generate core earnings in excess of our current dividend and we remain confident in our ability to increase our dividend in the future.
Looking at the results from our Agency Business, we generated approximately $42 million of income in the fourth quarter and approximately $1.6 billion in originations, and $1.7 billion in loan sales. The margin in the fourth quarter sales was 1.13% including miscellaneous fees, compared to 1.47%, an all-in rate of 1.47% on our third quarter sale, mostly due to some large portfolio deals that we closed in the fourth quarter, which generally have a lower margin and consequently less commission expense.
We also recorded $36 million of mortgage servicing rights income related to $1.6 billion of committed loans during the fourth quarter, representing an average mortgage servicing right rate of around 2.25% compared to 1.83% on our third quarter committed loans of $1.4 billion, mainly due to changes in our valuation assumptions related to our 2018 mortgage servicing rights.
Sales margins and MSR rates fluctuate primarily by GSE loan type size, therefore changes in the mix of loan origination volumes may increase or decrease these percentages in the future. Our servicing portfolio also grew another 5% during the quarter and 15% in 2018 to $18.6 billion at December 31st, with a weighted average services fee of approximately 45 basis points and an estimated remaining life of 8.6 years.
This portfolio will continue to generate a significant predictable annuity of income going forward of around $84 million in gross annually, which is up approximately $7 million on an annual basis from the same time last year. Additionally, early runoff in our servicing book continues to produce prepayment fees related to certain loans that have yield maintenance provisions, this accounted for $5.8 million in prepayment fees in the fourth quarter, which was down from $7.5 million in the third quarter. These fees are recorded in servicing revenue, net of a write-off for the corresponding MSRs on these loans.
As Ivan mentioned, we also continue to see increases in our interest-bearing deposits with over $800 million of escrow balances, which are earnings slightly less than one-month LIBOR, and with the substantial increase in interest rates we now earning significantly more income approximately $9 million more in an annual run rate as compared to this time last year. So clearly, we had a tremendous 2018 in our Agency Business. And as Ivan mentioned, we have positioned ourselves nicely to have a successful 2019 as well.
In our balance sheet lending operation, we grew our portfolio of 24% to $3.3 billion and $1.7 billion in rate in originations in 2018. This significant growth continues to increase our core earnings run rate and based on our current pipeline and deep origination network, we remain extremely confident in our ability to continue to grow our balance sheet investment portfolio in the future.
Our $3.3 billion investment portfolio had an all-in yield of approximately 7.66% at December 31st, which is up from a yield of approximately 7.52% at September 30th, mainly due to an increase in LIBOR. The average balance in our core investments was flat at just over $3.2 billion for both the third and fourth quarters, despite our fourth quarter growth, mainly due to the timing of our originations and run-off in the third quarter. And the average yield on these investments was 7.76% for the fourth quarter compared to 7.37% for the third quarter, mainly due to an increase in LIBOR and from approximately $1.5 million more in accelerated fees from early run-off in the fourth quarter as compared to the third quarter.
Total debt on our core assets was approximately $2.9 billion at December 31st. An all-in debt costs of approximately 5.24% compared to a debt cost of around 5.03% at September 30th, mainly due to an increase in LIBOR. The average balance on our debt facilities was relatively flat at approximately $2.9 billion for both the third and fourth quarters, and the average cost of funds in our debt facilities increased to approximately 5.13% for the fourth quarter compared to 4.93% for the third quarter due to an increase in LIBOR.
Overall, net interest spreads in our core assets on a GAAP basis increased to 2.63% this quarter, compared to 2.44% last quarter, mainly due to more acceleration of fees from early run-off, and an increase in LIBOR in the fourth quarter. Our overall spot net interest spread was 2.42% at December 31st, compared to 2.49% at September 30th, and with approximately 88% of our portfolio comprised of floating rate loans. We will see an increase in our net interest income spreads, if interest rates continue to rise in the future.
And lastly, the average leverage ratio on our core lending assets including the trust preferred and perpetual preferred stock as equity was flat at approximately 79% for both the third and fourth quarters. And overall, debt to equity ratio on a spot basis, including the trust preferreds and preferred stock as equity was down to 2.3:1 at December 31st from 2.5:1 at September 30th, mainly due to the $100 million of capital we raised in December.
That completes our prepared remarks for this morning, and I'll now turn it back to the operator to take any questions you may have at this time. Operator?
Questions and Answers:
Operator
Thank you. (Operator Instructions) And our first question comes from Jade Rahmani of KBW. Your line is now open.
Jade Rahmani -- KBW -- Analyst
Thanks very much. Could you provide any color on the impact of volatility that played out in December, how did your clients, your key borrowers react. Were there any deals that got postponed, pulled from the market, any repricings, and has there been any spillover so far this year?
Ivan Kaufman -- President & Chief Executive Officer
So, most of the volatility was more or so along the stock market side, on the interest rate side, we saw a significant decline in the 10-year, a quarter earlier, which created a surge in business, and I think maybe there was a little uncertainty as to where the market was going, so people were looking to lock down and lock in their rates to get as many transactions close as they could. So, we had a great fourth quarter. I think it was a reflection of the drop in interest rates and also people being a little concerned where volatility would be going in the next couple of months, so people are pretty comfortable with where rates were at that point in time.
Jade Rahmani -- KBW -- Analyst
Do you have any color on the mix of acquisitions versus refi's in your business?
Paul Elenio -- Chief Financial Officer
Sure. We -- it's running pretty much the same as it's been for the last few quarters, it's about 60% refi, 40% acquisition, and it fluctuates from 50-50, 60-40, 55-45, but right now it's about 60-40.
Jade Rahmani -- KBW -- Analyst
And how about loans that are bridge to bridge financings, we've been hearing a lot about this from some other mortgage REITs and debt funds, are you seeing that as a prevalent trend in the market, and are you looking to avoid those situations, do you see anything alarming about that?
Ivan Kaufman -- President & Chief Executive Officer
You mean bridge to bridge?
Jade Rahmani -- KBW -- Analyst
Yes. Bridge to bridge. Yes.
Ivan Kaufman -- President & Chief Executive Officer
I think that the debt funds are extremely aggressive, we've been taken out a few times on some of our bridge to all the bridges. So, we've seen a little bit of that. We have some run-off last quarter on a few assets that were on our books for a substantial period of time, and we did get taken out, we opted not to match those bridges, and we felt that the market on those were a little too aggressive. So you're seeing a little bit of that, not an overwhelming amount, but definitely a little bit of that.
Jade Rahmani -- KBW -- Analyst
Okay. Thanks. On the legacy impairment, is this all related to the Tahoe land assets, and can you just provide any color on the decision to take a charge now, and how much risk there might be related to the potential for additional impairments down the road?
Ivan Kaufman -- President & Chief Executive Officer
Sure. It is related to the Tahoe investment. We took a writedown, which is reflective of where we're getting market feedback. We're actively in the market now that it's fully entitled to bring in development partners and/or sell it and that reflects an analysis of where we think the market is based on the equity returns of the developers and that's how we came about it.
Jade Rahmani -- KBW -- Analyst
Did any softness in the current housing market play a part of that impairment?
Ivan Kaufman -- President & Chief Executive Officer
Yes, it did. I think that the market for luxury high-end is probably a little softer than it was a year or two ago, and that had -- that definitely impacted the returns that developers needed or funds needed on this asset type.
Jade Rahmani -- KBW -- Analyst
And are you seeing a healthy amount of interest from developers in the property?
Ivan Kaufman -- President & Chief Executive Officer
Well. We're beginning that process. We're in the midst of that at this point in time.
Jade Rahmani -- KBW -- Analyst
Thanks for taking the questions.
Operator
Thank you. And our next question comes from Ben Zucker of BTIG. Your line is now open.
Benjamin Zucker -- BTIG -- Analyst
Good morning, and thanks for taking my questions. Looking at the gain on sale and MSR margins, it sounds like there were some one-time things impacting both of those in 4Q '18. So, is it safe to say that we should probably just model a return to the more normalized historical level going forward?
Paul Elenio -- Chief Financial Officer
Hey, Ben. It's Paul. And I've been weighing in on the market but I think there's a couple of things there. You're right; there were some larger portfolio deals we did get done in the fourth quarter which carried lower margin but consequently lower commission expense. So that that played a role but I think in our commentary and Ivan's commentary, we did lay out that we do think the market continues to be fiercely competitive and we may start to see a little compression in our margins that will not be what it was for the fourth quarter but there could be some compression on margins going forward. However we think some of that will be offset by reduced commission expense. So I don't know if we can say, we'll tend to win what we averaged for the year in '18 and '19 and may come in a little tighter than that. But it won't come in as tight as it did in the fourth quarter. That was an anomaly with some larger deals we had.
Benjamin Zucker -- BTIG -- Analyst
Okay. That sounds good. And then at the end everything's -- the compensation's off, the net revenue, so that will kind of be a sliding sleeve as well. Got you there. Can you talk about the single-family rental market and the opportunity there a little bit. I heard you mentioned you guys were active in the Freddie Mac's pilot program, but what are the next steps there now that, that pilot program is over?
Ivan Kaufman -- President & Chief Executive Officer
Sure. So I have an enormous background in the single-family market side. And it's very attractive when you look at the scale and size of that market, it's enormous, it's the same size as the multi-family market, but it's very fragmented. But it's changing. It was mostly market dominated by mom and pop operators who own one to 10 properties, and then with the crisis you had big people going in and buying pools, but that only accounted for a small amount. But what you're seeing now is efficient operators aggregating a lot of these homes and actually building homes for rentals. And it's become a bigger and bigger part of that market. In the Freddie Mac program within a short order, I think we did about 10 to 12 different transactions average size about $12 million, and then the FHFA shutdown that program, but we had a lot of traction and there were a few other players in the market that are able to aggregate and securitize. So, we found that very attractive. We understand the securitization market and we're very fortunate to be able to hire Steve Katz. I have a history with Steve Katz, he actually worked at Arbor and on the private side and we aggregated a very significant single-family residential platform, which he was the CEO of Rent(ph). So, he worked with me for many years. So we reached out to him. We think he has a perfect securitization background and organizational background. And in a very short order, we already began to accumulate a pipeline. We think it's a phenomenal business and with the right infrastructure we definitely have the originations capacity and capability, we can build that out and believe it will be a significant driver of another diverse income stream for the company and leverage off of our existing platform.
Benjamin Zucker -- BTIG -- Analyst
That's great. And as far as maybe like I know it maybe getting a little ahead of ourselves, but the net returns that you could see there, I mean do you think it's comparable to the economics of the agency multifamily originated sell and service business?
Ivan Kaufman -- President & Chief Executive Officer
I think that, it can be comparable. Right now the margins are pretty wide. I think in aggregate in the collateral, will aggregate them and deliver similar type mid 13% to 15% return in the aggregation process. On the securitization side, we believe it could be a 1.5 to 3 point business, which is somewhat comparable to the multifamily side. So, we think it's similar, and we think it's a huge market, there's no dominant force, and as that market begin to put into more, I wouldn't call it institutional, but one level down. We think it's going to grow and grow and grow.
Benjamin Zucker -- BTIG -- Analyst
Perfect. Well. Appreciate your comments and congrats on the strong close to 2018.
Paul Elenio -- Chief Financial Officer
Thanks, Ben.
Operator
Thank you. And our next question comes from Stephen Laws of Raymond James. Your line is now open.
Stephen Laws -- Raymond James -- Analyst
Hi. Good morning. Thanks for taking my questions and congratulations on a very nice quarter to end up a very good year. Can you maybe talk about across your different business lines, it seems -- it seems like all are doing pretty well, but with the new capital raise, kind of later in the fourth quarter, can you talk about where you expect to deploy that and maybe how we should think about the time it'll take to deploy that capital as you put money to work?
Paul Elenio -- Chief Financial Officer
Sure. So, clearly we earmarked that capital to fund the growing pipeline we had on our balance sheet portfolio business, that's obviously we look at capital, we look at our capital needs depending on where our pipeline is, we're expecting run-off to go, and where our capital reserves are at that time. So, we definitely earmarked that $100 million to fund a very robust and growing pipeline. We started doing that already. I would say it probably takes us through this quarter right out, and maybe a little bit into the second quarter to fully fund that capital, but it's totally earmarked for the -- for the pipeline we had in the balance sheet business, and as we've said many times that balance sheet pipeline continues to be robust.
Ivan Kaufman -- President & Chief Executive Officer
I think, there are a lot of variables in this business and one is run-off. So, depending on the run-off we'll dictate how we use our capital. And I guess an earlier question on bridge-to-bridge situation, sometimes you can't predict that somebody is going to provide a bridge and take you out of your existing loans. It happened to us, I think last quarter on one pretty big loan, which by the way we're very pleased, we no longer have it with time. So, I think the run-off is definitely a factor. Sometimes we come across one-time opportunities that are very lucrative. We are very nimble as a firm and in a market like this we just never know what's going to happen. But based on current pipeline, we have a good amount of cash on hand to fund the current pipeline and cash available on our CLOs to continue to operate our business effectively with the capital raise.
Stephen Laws -- Raymond James -- Analyst
Great. I appreciate the color on that, and kind of a bigger picture out of DC, a lot of news comes and goes as far as new regulations and impact on the housing market in the United States. Are there any specific issues there you're watching or are there developments that are taking place here in the last couple of months that have been positive for your business, will be a headwind for your business, or can you maybe talk about the impact, any new regulations out of Washington is having on your activity?
Ivan Kaufman -- President & Chief Executive Officer
I think it's early to see where anything is coming out. We've been battling this for the last eight years. There's always a change, always a rumor of something happening. I think the last rumor that I heard yesterday was that the desire to do away with the 30-year mortgage, which would devastate the residential business, which is not our business. The offshoot would be is that I think more people would be renting that would be good for our business. But there's just too much speculation going on at this point. Of course, everybody wants to take Fannie and Freddie out of conservatorship. How did they do that? How did they impact the resi market? How did they impact the multi-market? It's too early to tell. We've been going at this for eight years and every day is another story.
Stephen Laws -- Raymond James -- Analyst
Yes. Definitely. And so, Ivan and Paul, appreciate for taking my questions, and again very nice quarter.
Ivan Kaufman -- President & Chief Executive Officer
Thank you.
Operator
Thank you. And our next question comes from Steve DeLaney of JMP Securities. Your line is now open.
Steven DeLaney -- JMP Securities -- Analyst
Good morning, Ivan and Paul. Thank you for taking my questions. Obviously, the highlight the number that blew us away was the $1.6 billion in agency in the quarter and we know fourth quarter is usually the peak period in the year, but could you comment, if there were any particularly large loans in that total and maybe what was the largest loan that you might recall that really stood out in the quarter? Thanks.
Paul Elenio -- Chief Financial Officer
Sure, Steve. Hey, it's Paul. So, as we mentioned in our commentary, yes, we had a phenomenal fourth quarter of $1.6 billion. There were probably $400 million to $450 million of portfolio deals, probably four or five or six portfolio deals we closed in the fourth quarter that were in our pipeline. And we didn't know if they would close, fourth quarter or first quarter, but they all got done in the fourth quarter. The biggest one of those portfolio deals, I think was $150 million. So we did a couple of big portfolio deals. We had a couple of larger loans as well, but it's really driven by these portfolio deals we closed. I think from our standpoint, the $1.6 billion was tremendous, a little shocking for us as well, we expected some of that to flow over into the first quarter and I think as Ivan said, as rates went where they went and people got a little anxious, a lot of that got pulled forward into the fourth quarter, but as you said this happens a lot in this industry. You've seen it in other competitors as well. Fourth quarter is usually very, very strong and then you reset for the first quarter, but that's the reason we had such a dominant fourth quarter.
Steven DeLaney -- JMP Securities -- Analyst
And just to be clear, I heard you mention the $150 million, the aggregate of all the portfolio deals was, did you say that was between $400 million and $500 million?
Paul Elenio -- Chief Financial Officer
Yes. That's $400 million to $450 million.
Steven DeLaney -- JMP Securities -- Analyst
$400 million to $450 million. Okay. Great. Thank you. And Ivan, as far as what you're seeing obviously we're only -- well, I guess only we're a 1.5 month -- we're halfway through the first quarter now. Paul mentioned pull-forward and I was sort of thinking to that rally and the 10-year breaking down well below 3%. I'm just wondering if maybe there was any -- are you concerned about cannibalization of the usually weaker first quarter, are you seeing sort of steady business flows?
Ivan Kaufman -- President & Chief Executive Officer
I think, I definitely think there was a little stronger fourth quarter and some pull-out in the first quarter, first quarter is usually a little weak, and people on vacation, the pipeline is a little slow to build in the first couple of weeks, but we're seeing the trend in the pipeline in the last two weeks, get back to those normal pace of building. So, it's a normal first quarter where the first three weeks it's slow, and now it's back on pace.
Paul Elenio -- Chief Financial Officer
Yes. And Steve, just help guide you a little bit, I think if you go back and historically look at our first quarter volumes, that's probably what you see typically with us, and as Ivan said, it's a little slow in January and starts to build. And then, as the trend you'll see in our financial statements for the years, we've been in the residential agency business, you'll see the first quarter a little weaker than the second quarter build and then the third and fourth quarters are always much stronger and that's just the way the business plays out.
Steven DeLaney -- JMP Securities -- Analyst
Understood. That's helpful. I want to follow-up on Ben's question about the single-family rental initiative. I'm curious, we understand that on a big picture basis, and how it has comparable opportunities to the multifamily, but from an internal standpoint, I'm curious whether Steve Katz is charged with building a completely separate origination and servicing platform or will this overlap and utilize Arbor's current loan origination force?
Ivan Kaufman -- President & Chief Executive Officer
It's a good question. Initially, we'll leverage off of the infrastructure that we put in place for the Freddie Mac program, but on the origination standpoint and an underwriting standpoint and closing standpoint, we'll build out a separate unit and a separate skill set, because we're going to have a broader product line, and it will be self-contained. From a servicing standpoint, it's our plan to augment our servicing capability up in Buffalo and keep it under the same management and leadership but build out separate skills and talent, because we'll be doing multiple products not just a fully stabilized asset -- writing bridge loans -- bridge loans like we do on the multifamily side to get products stabilized and then securitize it. So, we'll build out a full complement of staff to support our entry into this space.
Steven DeLaney -- JMP Securities -- Analyst
That's helpful, Ivan. And should we think of the end game being primarily to acquire aggregate these loans and then structure, finance them in a way that they can be relatively long duration investments on the REITs balance sheet?
Ivan Kaufman -- President & Chief Executive Officer
I think that the duration on the aggregation side is between 12 months and 24 months, people buy them, they aggregate them, they lease them up, and once they are leased, then you can do -- then you can securitize and put five, seven and 10-year fixed rate of products on that, that's the game.
Steven DeLaney -- JMP Securities -- Analyst
Okay. So, and that product, if you were to securitize that, would that -- their subordinate retain bonds provide an additional investment opportunity for the REIT's balance sheet?
Ivan Kaufman -- President & Chief Executive Officer
Yes. We'll kind of retaining -- retaining that with a good yield and also having an appropriate gain on sale.
Steven DeLaney -- JMP Securities -- Analyst
Great. Okay. And just one final thing, simple thing. Can you estimate what your total -- in terms of the build out of the franchise and the platform, what was the approximate total headcount for the whole Arbor franchise at the end of the year and how would that compare to say one-year earlier?
Paul Elenio -- Chief Financial Officer
Sure, Steve. Hey, it's Paul. So in total, we were sitting with about I think 445 people at the end of the year, this year. And I think actually 468, it was 445 -- it is 445 at the end of this time last year. So headcounts up 5%, it's up about 3% in the agency business and the rest is in the balance sheet business.
Steven DeLaney -- JMP Securities -- Analyst
Great. Thank you both for the comments.
Paul Elenio -- Chief Financial Officer
Thank you.
Operator
Thank you. And our next question comes from Rick Shane of J.P. Morgan. Your line is now open.
Rick Shane -- J.P. Morgan -- Analyst
Hey, guys. Thanks for taking my questions this morning. I also want to circle back on Ben's question, but I heard a good answer or clear answer on the sales margin, but I wanted to make sure we understood the MSR rate going forward. It looks like you trued up, you talked about sort of truing up the assumption there. I'm curious if that's going to be a go-forward assumption as well?
Paul Elenio -- Chief Financial Officer
Sure. It's Paul. So yes, we did true-up in the fourth quarter kind of reevaluating our assumptions for our 2018 MSRs as you're required to put them on as close to fair value as you can use an outside service to help us value it, as most firms do. We do think that under the new policy and new strategy, it will be higher in the future as a result of those fair value assumptions, but obviously that 225 has a cumulative adjustment in the number. So I think last, the quarter before that it was I think 183, it may be around there or a little bit up from there going forward depending on mix. So I think the assumptions will change the value in an upward way, but it also depends on mix of the product. Obviously, certain products are -- have higher servicing value, because they have higher servicing fees than others, but if the mix stays the same, we will see an upward trend, it just won't be 225 every quarter.
Rick Shane -- J.P. Morgan -- Analyst
Got it. So, if we look at it on a year-over-year basis for the year, it was 194 this year, it was 177 last year, is 194 potentially a reasonable assumption going forward?
Paul Elenio -- Chief Financial Officer
It is, if mix doesn't change, because that reflects what the new values are. So I would say that is a good assumption, if mix doesn't change.
Rick Shane -- J.P. Morgan -- Analyst
Perfect. Okay. And mix was essentially the same year-over-year, what was the change in assumption, was it a change in discount rate or was it a change in duration?
Paul Elenio -- Chief Financial Officer
It was both, it was more duration than discount rate, but discount rate did play a role in expiration and cost as well.
Rick Shane -- J.P. Morgan -- Analyst
Terrific. Hey, guys. Thanks for taking my questions this morning.
Paul Elenio -- Chief Financial Officer
Okay. Thank you.
Operator
Thank you. And our next question comes from Jade Rahmani of KBW. Your line is now open.
Ryan -- KBW -- Analyst
Good morning. This is actually Ryan on for Jade. Thanks for taking the follow-up, guys.
Ivan Kaufman -- President & Chief Executive Officer
Hey, Ryan.
Ryan -- KBW -- Analyst
Hey, guys. With the growth that you've experienced in the Agency Business and the success you had there, are there any issues you anticipate with respect to REIT eligibility, perhaps you could say what percentage of the dividend or earnings is being generated by the Agency Business or what percent of the agency businesses cash earnings are actually REIT qualified?
Paul Elenio -- Chief Financial Officer
Sure. So, the way we look at it right now is I think for the fourth quarter, the Agency Business on an AFFO basis came in about 57% of our total. I think it was closer to 60% for the year on our $1.21 of AFFO. So, a good part of the income as we've talked about before on our call is from this capital-light Agency Business, which is actually very accretive. As far as TRS eligibility and REIT eligibility, we still have lots of room because as you know, we employed a strategy early on when we purchased the Agency Business that we're selling off a piece of the servicing as excess servicing up to the REITs are actually creating a significant amount of the servicing value up at the REIT level, it's not taxed at the TRS levels, although the AFFO is roughly 60% agency and 40% REIT, a lot of the servicing value was going back up to the REIT, so it's giving us lots of room in our eligibility on our REIT test. We're still -- we still have a lot of room and we're fine.
Ryan -- KBW -- Analyst
Okay. And we saw that recently that Fannie announced its raising its small balance loan program limit to $6 million from $3 million, which would be in line with Freddie Mac. So Ivan, I was just wondering what comments you can give on that in terms of the potential impacts to your addressable market and competition, overall?
Ivan Kaufman -- President & Chief Executive Officer
Well. I think it's very positive that Fannie Mae has moved up their slow balance to compete with Freddie, it gives us more product diversity. They have some products that are a little bit better specifically on the 10-year than Freddie Mac, so we're pleased. It just makes sort of bigger mark for us. We've always been a leader with Fannie Mae in that space. We as you know designed the Freddie Mac program. So it just gives us another tool on our tool box to effectively compete in the market.
Ryan -- KBW -- Analyst
And then just a few housekeeping items, Paul, can you give the commission rate in the agency business, you said it was lower based on the larger portfolio deals?
Paul Elenio -- Chief Financial Officer
Yes. It was lower this quarter for a few reasons, mostly due to larger portfolio deals. Secondly, due to when you get to year-end, you're estimating your commissions all along and then you kind of threw up your pool. So, I think in the fourth quarter, it was about 30%, but for the year it ran about 37%, and that's how I look at it. Obviously, if margins compress a little bit that number could come down, but right now it's sitting at about 37% for the year...
Ryan -- KBW -- Analyst
Okay. Great. And then the average spread on balance sheet loan originations in the quarter?
Ivan Kaufman -- President & Chief Executive Officer
Yes. Sure. So, yes, we do look at it a little differently, I know you guys like to ask that question each quarter, and we had it, we look at it on a leverage return basis obviously, because we have senior debt and subordinated paper as well. So the subordinated paper will have a higher gross interest income, but obviously not as leveragable. But for the quarter, we came in at just about 8% all-in with fees on the $448 million that we originated. Our leverage returns were 13.5%, which was quite impressive considering how competitive the market is. And we'd be able to do through scale and obviously through reducing all of our borrowing cost in our lines, but our gross interest income on those loans and yield came in at 8% for the quarter.
Ryan -- KBW -- Analyst
And I'm guessing that 8% is -- it seems like a bit high, probably due to some mix. Any chance you could say for like the standard bridge, first mortgage product where our spreads currently are today in the market or where they were in the fourth quarter?
Paul Elenio -- Chief Financial Officer
Yes. I'll let Ivan comment on where spreads are right now in the markets. But I think to your point it is a little bit of mix, 90% of the loans we originated in the quarter were senior debt with bridge loans, 10% were subordinated paper, so that does impacted as I said the 10% carries a much higher gross yield. But again, we look at it from a leverage return perspective and then from a leverage return perspective 13.5% and a little bit over 13% for the year was a really strong year for us. But Ivan could give more color on where we think spreads are right now on that structure cost.
Ivan Kaufman -- President & Chief Executive Officer
Yes. I think spreads on bridge debt, senior debt are definitely very, very tight and extremely competitive. And we've been effective in reducing our borrowing costs and getting more efficient leverage, so maintaining our yields. On the other hand, LIBOR is going up, so the growth rate is going to inch up as LIBOR is inching up. So, we've been able to maintain the kind of yields that we need to in order to be an effective operator, but that's been by creating other efficiencies to offset the spread compression.
Ryan -- KBW -- Analyst
Got it. Thanks for taking the follow-up.
Ivan Kaufman -- President & Chief Executive Officer
Sure.
Operator
Thank you. And that concludes our question-and-answer session for today. I'd like to turn the conference back over to Ivan Kaufman for closing remarks.
Ivan Kaufman -- President & Chief Executive Officer
Thank you, everybody, for your good questions, and your participation in the entire year, it was an outstanding year. We're pretty thrilled about our baseline starting point for 2019, numbers really support a great dividend and the opportunity to grow our dividend for 2019 and forward. Thanks, everybody. Have a good day.
Operator
Ladies and gentlemen, thank you for participating in today's conference. This does conclude the program. And you may all disconnect. Everyone, have a great day.
Duration: 46 minutes
Call participants:
Paul Elenio -- Chief Financial Officer
Ivan Kaufman -- President & Chief Executive Officer
Jade Rahmani -- KBW -- Analyst
Benjamin Zucker -- BTIG -- Analyst
Stephen Laws -- Raymond James -- Analyst
Steven DeLaney -- JMP Securities -- Analyst
Rick Shane -- J.P. Morgan -- Analyst
Ryan -- KBW -- Analyst
More ABR analysis
Transcript powered by AlphaStreet
This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see ourTerms and Conditionsfor additional details, including our Obligatory Capitalized Disclaimers of Liability.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arbor Realty Trust Inc (NYSE: ABR) Q4 2018 Earnings Conference Call Feb. 15, 2019 , 10:00 a.m. Duration: 46 minutes Call participants: Paul Elenio -- Chief Financial Officer Ivan Kaufman -- President & Chief Executive Officer Jade Rahmani -- KBW -- Analyst Benjamin Zucker -- BTIG -- Analyst Stephen Laws -- Raymond James -- Analyst Steven DeLaney -- JMP Securities -- Analyst Rick Shane -- J.P. Morgan -- Analyst Ryan -- KBW -- Analyst More ABR analysis Transcript powered by AlphaStreet This article is a transcript of this conference call produced for The Motley Fool. We're a complete operating franchise with a significant diverse capital-light Agency Business, which has allowed us to consistently increase our earnings and create more predictable, stable and long-dated income streams. | Duration: 46 minutes Call participants: Paul Elenio -- Chief Financial Officer Ivan Kaufman -- President & Chief Executive Officer Jade Rahmani -- KBW -- Analyst Benjamin Zucker -- BTIG -- Analyst Stephen Laws -- Raymond James -- Analyst Steven DeLaney -- JMP Securities -- Analyst Rick Shane -- J.P. Morgan -- Analyst Ryan -- KBW -- Analyst More ABR analysis Transcript powered by AlphaStreet This article is a transcript of this conference call produced for The Motley Fool. Arbor Realty Trust Inc (NYSE: ABR) Q4 2018 Earnings Conference Call Feb. 15, 2019 , 10:00 a.m. Some of the more significant accomplishments included generating substantial growth in our core earnings allowing us to increase our dividend twice, and significantly earlier than expected to an annual run rate of $1.08 per share, which represents a 29% increase in 2018, delivering a total shareholder return of 30% in 2018 and 26% annually for the last few years, achieving returns on equity of in excess of 30%, a 23% increase over our 2017 returns, producing record originations of $6.8 billion, an 8% increase from our record 2017 numbers, continuing to be a market leader in the small balance lending arena, increasing our balance sheet 24% in 2018 to $3.3 billion, growing our servicing portfolio at $18.6 billion, a 15% increase in 2017, continuing to be a market leader in the non-recourse securitization arena closing our tenth and largest CLO totaling $560 million, and improving terms and flexibility, achieving significant economies of scale to substantially reduce debt cost in all of our borrowing facilities allowing us to maintain levered returns in excess of 13% in an extremely competitive environment, and effectively accessing accretive growth capital raising $215 million allowed us to fund our growing pipeline and increased our core earnings. | Duration: 46 minutes Call participants: Paul Elenio -- Chief Financial Officer Ivan Kaufman -- President & Chief Executive Officer Jade Rahmani -- KBW -- Analyst Benjamin Zucker -- BTIG -- Analyst Stephen Laws -- Raymond James -- Analyst Steven DeLaney -- JMP Securities -- Analyst Rick Shane -- J.P. Morgan -- Analyst Ryan -- KBW -- Analyst More ABR analysis Transcript powered by AlphaStreet This article is a transcript of this conference call produced for The Motley Fool. Arbor Realty Trust Inc (NYSE: ABR) Q4 2018 Earnings Conference Call Feb. 15, 2019 , 10:00 a.m. Some of the more significant accomplishments included generating substantial growth in our core earnings allowing us to increase our dividend twice, and significantly earlier than expected to an annual run rate of $1.08 per share, which represents a 29% increase in 2018, delivering a total shareholder return of 30% in 2018 and 26% annually for the last few years, achieving returns on equity of in excess of 30%, a 23% increase over our 2017 returns, producing record originations of $6.8 billion, an 8% increase from our record 2017 numbers, continuing to be a market leader in the small balance lending arena, increasing our balance sheet 24% in 2018 to $3.3 billion, growing our servicing portfolio at $18.6 billion, a 15% increase in 2017, continuing to be a market leader in the non-recourse securitization arena closing our tenth and largest CLO totaling $560 million, and improving terms and flexibility, achieving significant economies of scale to substantially reduce debt cost in all of our borrowing facilities allowing us to maintain levered returns in excess of 13% in an extremely competitive environment, and effectively accessing accretive growth capital raising $215 million allowed us to fund our growing pipeline and increased our core earnings. | Duration: 46 minutes Call participants: Paul Elenio -- Chief Financial Officer Ivan Kaufman -- President & Chief Executive Officer Jade Rahmani -- KBW -- Analyst Benjamin Zucker -- BTIG -- Analyst Stephen Laws -- Raymond James -- Analyst Steven DeLaney -- JMP Securities -- Analyst Rick Shane -- J.P. Morgan -- Analyst Ryan -- KBW -- Analyst More ABR analysis Transcript powered by AlphaStreet This article is a transcript of this conference call produced for The Motley Fool. Arbor Realty Trust Inc (NYSE: ABR) Q4 2018 Earnings Conference Call Feb. 15, 2019 , 10:00 a.m. And the average yield on these investments was 7.76% for the fourth quarter compared to 7.37% for the third quarter, mainly due to an increase in LIBOR and from approximately $1.5 million more in accelerated fees from early run-off in the fourth quarter as compared to the third quarter. |
30114.0 | 2019-02-13 00:00:00 UTC | Key Factors to Impact Arbor Realty's (ABR) Q4 Earnings | ABR | https://www.nasdaq.com/articles/key-factors-to-impact-arbor-realtys-abr-q4-earnings-2019-02-13 | nan | nan | Arbor Realty TrustABR is scheduled to report fourth-quarter 2018 results on Feb 15, before the market opens. The company's results will likely reflect year-over-year growth in its adjusted funds from operations (AFFO) and interest income.
In the las t report ed quarter, this New York-headquartered real estate investment trust (REIT), which primarily focuses on originating and servicing loans for multi-family, seniors housing, healthcare, and other commercial real estate assets, posted AFFO of 37 cents, surpassing the Zacks Consensus Estimate by a whisker. Results benefited from growth in loan originations and servicing portfolio in the company's Agency business.
Over the trailing four quarters, the company surpassed the Zacks Consensus Estimate in all occasions, average beat being 15.2%. The graph below depicts this surprise history:
Arbor Realty Trust Price and EPS Surprise
Arbor Realty Trust Price and EPS Surprise | Arbor Realty Trust Quote
Let's see how things are shaping up prior to this announcement.
Factors to Consider
According to a report by Arbor Realty, lending activity for new multi-family loans picked up pace in the fourth quarter, resulting in year-over-year growth of 3.7%. In fact, loan origination volumes (for loans with original balances between $1 million and $5 million) reached $51.7 billion in 2018. Notably, escalating demand for refinancing, stemming from the sector's high indebtedness likely aided this level of lending activity.
Amid these, we expect the company's Agency business to have closed significant loan originations that will help enjoy strong margins. Further, its servicing portfolio enjoys predictable annuity income.
Also, during the quarter, Arbor Realty closed three single-family rental portfolio refinancing deals amounting to $66.4 million under the Freddie Mac Single-Family Rental pilot. These efforts have enabled the company to strengthen its position in the single-family rental market.
Importantly, for fourth-quarter 2018, the Zacks Consensus Estimate for the company's interest income is pegged at $69.2 million and represents an impressive jump of 50.3% on a year-over-year basis.
Additionally, the company raised fresh capital during the quarter by issuing common shares in a public offering. This transaction generated additional capital and the company intends to use the proceeds in business-related investments.
However, high competition in the lending market is likely to result in aggressive pricing, thereby, impacting Arbor Realty's margins and bottom-line growth.
Hence, there is lack of any solid catalyst prior to the fourth-quarter earnings release. As such, the Zacks Consensus Estimate of AFFO for the to-be-reported quarter remained unchanged at 27 cents, over the past month. Nonetheless, AFFO is projected to be up 8% year over year.
Earnings Whispers
Our proven model does not conclusively show that Arbor Realty is likely to beat estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or at least 3 (Hold) for this to happen. That is not the case here, as you will see below.
You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
Earning ESP: Arbor Realty's Earnings ESP is 0.00%.
Zacks Rank: The company currently carries a Zacks Rank of 2, which increases the predictive power of ESP. However, we also need a positive ESP to be confident of the earnings beat.
Stocks That Warrant a Look
Hersha Hospitality Trust HT , scheduled to release earnings on Feb 25, has an Earnings ESP of +3.81% and a Zacks Rank of 2. You can see the complete list of today's Zacks #1 Rank stocks here .
Sabra Health Care REIT, Inc. SBRA , slated to release fourth-quarter results on Feb 24, has an Earnings ESP of +5.49% and a Zacks Rank of 3.
American Tower Corporation AMT , set to release earnings on Feb 27, has an Earnings ESP of +0.29% and carries a Zacks Rank of 3.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO) - a widely used metric to gauge the performance of REITs.
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Arbor Realty Trust (ABR): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arbor Realty TrustABR is scheduled to report fourth-quarter 2018 results on Feb 15, before the market opens. Sabra Health Care REIT, Inc. SBRA , slated to release fourth-quarter results on Feb 24, has an Earnings ESP of +5.49% and a Zacks Rank of 3. Click to get this free report American Tower Corporation (REIT) (AMT): Get Free Report Sabra Healthcare REIT, Inc. (SBRA): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Hersha Hospitality Trust (HT): Free Stock Analysis Report To read this article on Zacks.com click here. | Click to get this free report American Tower Corporation (REIT) (AMT): Get Free Report Sabra Healthcare REIT, Inc. (SBRA): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Hersha Hospitality Trust (HT): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty TrustABR is scheduled to report fourth-quarter 2018 results on Feb 15, before the market opens. Sabra Health Care REIT, Inc. SBRA , slated to release fourth-quarter results on Feb 24, has an Earnings ESP of +5.49% and a Zacks Rank of 3. | Click to get this free report American Tower Corporation (REIT) (AMT): Get Free Report Sabra Healthcare REIT, Inc. (SBRA): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Hersha Hospitality Trust (HT): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty TrustABR is scheduled to report fourth-quarter 2018 results on Feb 15, before the market opens. Sabra Health Care REIT, Inc. SBRA , slated to release fourth-quarter results on Feb 24, has an Earnings ESP of +5.49% and a Zacks Rank of 3. | Arbor Realty TrustABR is scheduled to report fourth-quarter 2018 results on Feb 15, before the market opens. Sabra Health Care REIT, Inc. SBRA , slated to release fourth-quarter results on Feb 24, has an Earnings ESP of +5.49% and a Zacks Rank of 3. Click to get this free report American Tower Corporation (REIT) (AMT): Get Free Report Sabra Healthcare REIT, Inc. (SBRA): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Hersha Hospitality Trust (HT): Free Stock Analysis Report To read this article on Zacks.com click here. |
30115.0 | 2019-02-12 00:00:00 UTC | My Personal 5-Step Plan for 6%+ Dividends in REITs | ABR | https://www.nasdaq.com/articles/my-personal-5-step-plan-6-dividends-reits-2019-02-12 | nan | nan | By Brett Owens
If youaEURtmre hunting for income, your job just got a lot tougher, and itaEURtms all the Federal ReserveaEURtms fault! Fed Chair Jerome PowellaEURtms recent cave-in on rate hikes means the central bank is out of action for the rest of 2019aEUR"and its next move could even be a cut .
Sure, this has been great for stock prices , which surged 8% since the new year. But itaEURtms crushed dividend yields , leaving you with far fewer buys to get the 6%+ yields you need to retire on dividends alone .
Look at how this past monthaEURtms price gain has compressed the average S&P 500 stockaEURtms yield from a pathetic 2.1% to a very pathetic 1.9%!
The Fed Robs Income-SeekersaEUR"Again!
ItaEURtms a slap in the face if youaEURtmre in, or nearing, retirement. And forget about Treasuries: if youaEURtmd invested your mil in the 10-year as recently as November, youaEURtmd have gotten $32,400 in income. Today? $27,300aEUR" or nearly 16% less in just two months.
No wonder desperate folks have piled into my favorite high-yield playsaEUR" real estate investment trusts (REITs) , owners of properties ranging from hospitals to warehouses and self-storage units .
REITs have soared even higher than the S&P 500 this year!
Fed Bows Out, REITs Step Up
You can still get a market-beating 4.2% dividend out of VNQ today; and,
REITs are below their pre-selloff 2018 high and a full 8% off the all-time peak they crested in the aEURoerate-panickedaEUR days of August 2016. With the Fed in a deep freeze, theyaEURtmre cleared to crush that high in short order!
But weaEURtmre not going to pick the lazy option and buy VNQ, because you can tap individual REITs for much higher dividends (IaEURtmm talking 6%+ here) and/or explosive dividend growth.
A growing payout is vital because it bulks up the yield on your original investment (the only yield that matters). But buying REITs is a bit more nuanced than regular stocks, so today IaEURtmm going to give you my own personal strategy in five easy steps:
REIT Rule No. 1: Be Careful With Charts
REITs must pay 90% of their taxable income as dividends. But for many folks, that fact goes out the window when theyaEURtmre judging REIT performance.
Consider healthcare REIT Omega Healthcare Investors ( OHI ), which looks pretty lame on a price basis .
OHIaEURtms Return IsOkayaEUR
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | By Brett Owens If youaEURtmre hunting for income, your job just got a lot tougher, and itaEURtms all the Federal ReserveaEURtms fault! Fed Chair Jerome PowellaEURtms recent cave-in on rate hikes means the central bank is out of action for the rest of 2019aEUR"and its next move could even be a cut . No wonder desperate folks have piled into my favorite high-yield playsaEUR" real estate investment trusts (REITs) , owners of properties ranging from hospitals to warehouses and self-storage units . | But itaEURtms crushed dividend yields , leaving you with far fewer buys to get the 6%+ yields you need to retire on dividends alone . OHIaEURtms Return IsOkayaEUR The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | But itaEURtms crushed dividend yields , leaving you with far fewer buys to get the 6%+ yields you need to retire on dividends alone . Fed Bows Out, REITs Step Up You can still get a market-beating 4.2% dividend out of VNQ today; and, REITs are below their pre-selloff 2018 high and a full 8% off the all-time peak they crested in the aEURoerate-panickedaEUR days of August 2016. But buying REITs is a bit more nuanced than regular stocks, so today IaEURtmm going to give you my own personal strategy in five easy steps: REIT Rule No. | But itaEURtms crushed dividend yields , leaving you with far fewer buys to get the 6%+ yields you need to retire on dividends alone . Fed Bows Out, REITs Step Up You can still get a market-beating 4.2% dividend out of VNQ today; and, REITs are below their pre-selloff 2018 high and a full 8% off the all-time peak they crested in the aEURoerate-panickedaEUR days of August 2016. But weaEURtmre not going to pick the lazy option and buy VNQ, because you can tap individual REITs for much higher dividends (IaEURtmm talking 6%+ here) and/or explosive dividend growth. |
30116.0 | 2019-02-11 00:00:00 UTC | Arbor Realty Trust (ABR) Outpaces Stock Market Gains: What You Should Know | ABR | https://www.nasdaq.com/articles/arbor-realty-trust-abr-outpaces-stock-market-gains%3A-what-you-should-know-2019-02-11 | nan | nan | In the latest trading session, Arbor Realty Trust (ABR) closed at $11.92, marking a +0.17% move from the previous day. The stock outpaced the S&P 500's daily gain of 0.07%. Elsewhere, the Dow lost 0.21%, while the tech-heavy Nasdaq added 0.13%.
Prior to today's trading, shares of the real estate investment trust had gained 5.4% over the past month. This has outpaced the Finance sector's gain of 5.34% and the S&P 500's gain of 5.36% in that time.
Wall Street will be looking for positivity from ABR as it approaches its nex t earnings report date. This is expected to be February 15, 2019. On that day, ABR is projected to report earnings of $0.27 per share, which would represent year-over-year growth of 8%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $69.20 million, up 50.27% from the year-ago period.
Investors might also notice recent changes to analyst estimates for ABR. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 0.84% higher within the past month. ABR is holding a Zacks Rank of #2 (Buy) right now.
Looking at its valuation, ABR is holding a Forward P/E ratio of 10.09. Its industry sports an average Forward P/E of 15.01, so we one might conclude that ABR is trading at a discount comparatively.
The REIT and Equity Trust - Other industry is part of the Finance sector. This group has a Zacks Industry Rank of 159, putting it in the bottom 38% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | In the latest trading session, Arbor Realty Trust (ABR) closed at $11.92, marking a +0.17% move from the previous day. Wall Street will be looking for positivity from ABR as it approaches its nex t earnings report date. On that day, ABR is projected to report earnings of $0.27 per share, which would represent year-over-year growth of 8%. | In the latest trading session, Arbor Realty Trust (ABR) closed at $11.92, marking a +0.17% move from the previous day. Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Wall Street will be looking for positivity from ABR as it approaches its nex t earnings report date. | In the latest trading session, Arbor Realty Trust (ABR) closed at $11.92, marking a +0.17% move from the previous day. Wall Street will be looking for positivity from ABR as it approaches its nex t earnings report date. On that day, ABR is projected to report earnings of $0.27 per share, which would represent year-over-year growth of 8%. | In the latest trading session, Arbor Realty Trust (ABR) closed at $11.92, marking a +0.17% move from the previous day. On that day, ABR is projected to report earnings of $0.27 per share, which would represent year-over-year growth of 8%. Wall Street will be looking for positivity from ABR as it approaches its nex t earnings report date. |
30117.0 | 2019-02-05 00:00:00 UTC | Arbor Realty Trust (ABR) Stock Sinks As Market Gains: What You Should Know | ABR | https://www.nasdaq.com/articles/arbor-realty-trust-abr-stock-sinks-as-market-gains%3A-what-you-should-know-2019-02-05 | nan | nan | Arbor Realty Trust (ABR) closed at $11.93 in the latest trading session, marking a -0.5% move from the prior day. This move lagged the S&P 500's daily gain of 0.47%. Meanwhile, the Dow gained 0.68%, and the Nasdaq, a tech-heavy index, added 0.74%.
Heading into today, shares of the real estate investment trust had gained 10.2% over the past month, outpacing the Finance sector's gain of 7.83% and the S&P 500's gain of 7.71% in that time.
Wall Street will be looking for positivity from ABR as it approaches its nex t earnings report date. On that day, ABR is projected to report earnings of $0.27 per share, which would represent year-over-year growth of 8%. Our most recent consensus estimate is calling for quarterly revenue of $69.20 million, up 50.27% from the year-ago period.
Any recent changes to analyst estimates for ABR should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.84% higher. ABR is currently a Zacks Rank #2 (Buy).
Digging into valuation, ABR currently has a Forward P/E ratio of 10.16. For comparison, its industry has an average Forward P/E of 14.83, which means ABR is trading at a discount to the group.
The REIT and Equity Trust - Other industry is part of the Finance sector. This group has a Zacks Industry Rank of 154, putting it in the bottom 40% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Arbor Realty Trust (ABR): Free Stock Analysis Report
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Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arbor Realty Trust (ABR) closed at $11.93 in the latest trading session, marking a -0.5% move from the prior day. On that day, ABR is projected to report earnings of $0.27 per share, which would represent year-over-year growth of 8%. Wall Street will be looking for positivity from ABR as it approaches its nex t earnings report date. | Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty Trust (ABR) closed at $11.93 in the latest trading session, marking a -0.5% move from the prior day. Wall Street will be looking for positivity from ABR as it approaches its nex t earnings report date. | Arbor Realty Trust (ABR) closed at $11.93 in the latest trading session, marking a -0.5% move from the prior day. Wall Street will be looking for positivity from ABR as it approaches its nex t earnings report date. On that day, ABR is projected to report earnings of $0.27 per share, which would represent year-over-year growth of 8%. | Arbor Realty Trust (ABR) closed at $11.93 in the latest trading session, marking a -0.5% move from the prior day. Wall Street will be looking for positivity from ABR as it approaches its nex t earnings report date. On that day, ABR is projected to report earnings of $0.27 per share, which would represent year-over-year growth of 8%. |
30118.0 | 2019-01-25 00:00:00 UTC | The Zacks Analyst Blog Highlights: Ready Capital, CrossAmerica Partners, Plymouth Industrial REIT, CONSOL Coal Resources and Arbor Realty Trust | ABR | https://www.nasdaq.com/articles/the-zacks-analyst-blog-highlights%3A-ready-capital-crossamerica-partners-plymouth-industrial | nan | nan | For Immediate Release
Chicago, IL - January 25, 2019 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Ready Capital Corp. RC , CrossAmerica Partners LP CAPL , Plymouth Industrial REIT Inc. PLYM , CONSOL Coal Resources LP CCR and Arbor Realty Trust Inc. ABR .
Here are highlights from Thursday's Analyst Blog:
Volatility Likely to Persist: 5 High-Yield Stocks to Buy
After a tumultuous 2018, U.S. stock markets have received some respite in 2019 so far. Although Wall Street displayed signs of recovery, several headwinds still persist. Lingering trade related conflict between the United States and China, fears of a global economic slowdown, geopolitical uncertainties like the Brexit issue and uncertainty regarding Fed's monetary stance in 2019 are near-term concerns.
Investment in high-dividend paying stocks, over a reasonable time period, is likely to bring good returns, especially under market turmoil. Consequently, it would be a prudent investment decision to bank on stocks with promising dividend yield and a favorable Zacks Rank.
Concerns Over Global Economic Slowdown
On Jan 21, the International Monetary Fund ("IMF") reduced global economic growth forecast for 2019 and 2020. The fund reduced its global growth projection for 2019 to 3.5% from 3.7% in October. Likewise, global growth projection for 2020 was reduced to 3.6% from 3.7% in October, marking the second curtailing in last three months.
Per IMF, growth rate in advanced economies is on the decline while it has slowed down in emerging economies. Advanced economies are likely to grow by 2% and 1.7% in 2019 and 2020, respectively. Meanwhile, emerging economies are expected to grow by 4.6% and 4.9% in 2019 and 2020, respectively.
For the IMF, the 10-month old trade conflict between the United States and China is a major concern. The Chinese economy grew 6.6% in 2018, its slowest pace since 1990. Contagion effect of Chinese slowdown is likely to affect other emerging countries. Moreover, prolonged problem related to Brexit in the U.K. is another concern.
Conflicting News on Trade War Front
According to CNBC, the U.S. government has rejected a trade meeting with China scheduled to be held this week on the ground of gross disagreements over intellectual property rights. The primary concern of the Trump administration stems from the apprehension that China is stealing intellectual property from U.S. companies by unfair means.
This is the focal point of trade conflict between the two largest trading countries of the world. Notably, the two countries are currently going through a 90-day truce period. Notably, both countries will refrain from tariff imposition during this period. The deadline will come to an end on Mar 1.
On Jan 18, Bloomberg reported that China has offered to ramp up imports from the United State in the next six years. Total value of these imports will be $1 trillion which will bring down the United States' massive trade deficit with China to zero in 2024.
On Jan 16, The Wall Street Journal reported that the U.S. government is contemplating a proposal regarding lifting of some tariffs imposed on China. This will act as an incentive to the Asian economic giant to make deeper concessions to the United States. However, a Treasury Department spokesperson later denied the news.
Our Top Picks
At this juncture, it will be lucrative to invest in high-yielding stocks in order to ensure a steady income stream. We narrowed down our search to five such stocks each carries either a Zacks Rank #1 (Strong Buy) or #2 (Buy) and high-dividend yield. You can see the complete list of today's Zacks #1 Rank stocks here .
The chart below shows price performance of our five picks in the last six months.
Ready Capital Corp. acquires, originates, manages, services, and finances small balance commercial loans, small business administration loans, residential mortgage loans and mortgage backed securities. It has a dividend yield of 10.8% and a Zacks Rank #1. The company has expected earnings growth of 29.6% for current year. The Zacks Consensus Estimate for the current year has improved by 1.7% over the last 60 days.
CrossAmerica Partners LP engages in the wholesale distribution of motor fuels, and ownership and leasing of real estate used in the retail distribution of motor fuels in the United States. It has a dividend yield of 12.7% and a Zacks Rank #2. The company has expected earnings growth of 125% for current year. The Zacks Consensus Estimate for the current year has improved by 100% over the last 60 days.
Plymouth Industrial REIT Inc. is a full service, vertically integrated real estate investment company across the United States. It has a dividend yield of 9.6% and a Zacks Rank #1. The company has expected earnings growth of 218.4% for current year. The Zacks Consensus Estimate for the current year has improved by 2.5% over the last 60 days.
CONSOL Coal Resources LP produces and sells high-Btu thermal coal in the Northern Appalachian Basin and the eastern United States. It has a dividend yield of 11.7% and a Zacks Rank #1. The company has expected earnings growth of 54.1% for current year. The Zacks Consensus Estimate for the current year has improved by 0.4% over the last 60 days.
Arbor Realty Trust Inc. is a specialized real estate finance company which invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. It has a dividend yield of 9.7% and a Zacks Rank #2. The company has expected earnings growth of 14.4% for current year. The Zacks Consensus Estimate for the current year has improved by 2.6% over the last 60 days.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss . This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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CrossAmerica Partners LP (CAPL): Get Free Report
Arbor Realty Trust (ABR): Free Stock Analysis Report
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PLYMOUTH IND RE (PLYM): Get Free Report
Ready Capital Corp (RC): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Stocks recently featured in the blog include: Ready Capital Corp. RC , CrossAmerica Partners LP CAPL , Plymouth Industrial REIT Inc. PLYM , CONSOL Coal Resources LP CCR and Arbor Realty Trust Inc. ABR . Click to get this free report CrossAmerica Partners LP (CAPL): Get Free Report Arbor Realty Trust (ABR): Free Stock Analysis Report CONSOL Coal Resources LP (CCR): Free Stock Analysis Report PLYMOUTH IND RE (PLYM): Get Free Report Ready Capital Corp (RC): Free Stock Analysis Report To read this article on Zacks.com click here. The primary concern of the Trump administration stems from the apprehension that China is stealing intellectual property from U.S. companies by unfair means. | Stocks recently featured in the blog include: Ready Capital Corp. RC , CrossAmerica Partners LP CAPL , Plymouth Industrial REIT Inc. PLYM , CONSOL Coal Resources LP CCR and Arbor Realty Trust Inc. ABR . Click to get this free report CrossAmerica Partners LP (CAPL): Get Free Report Arbor Realty Trust (ABR): Free Stock Analysis Report CONSOL Coal Resources LP (CCR): Free Stock Analysis Report PLYMOUTH IND RE (PLYM): Get Free Report Ready Capital Corp (RC): Free Stock Analysis Report To read this article on Zacks.com click here. Ready Capital Corp. acquires, originates, manages, services, and finances small balance commercial loans, small business administration loans, residential mortgage loans and mortgage backed securities. | Click to get this free report CrossAmerica Partners LP (CAPL): Get Free Report Arbor Realty Trust (ABR): Free Stock Analysis Report CONSOL Coal Resources LP (CCR): Free Stock Analysis Report PLYMOUTH IND RE (PLYM): Get Free Report Ready Capital Corp (RC): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks recently featured in the blog include: Ready Capital Corp. RC , CrossAmerica Partners LP CAPL , Plymouth Industrial REIT Inc. PLYM , CONSOL Coal Resources LP CCR and Arbor Realty Trust Inc. ABR . Consequently, it would be a prudent investment decision to bank on stocks with promising dividend yield and a favorable Zacks Rank. | Stocks recently featured in the blog include: Ready Capital Corp. RC , CrossAmerica Partners LP CAPL , Plymouth Industrial REIT Inc. PLYM , CONSOL Coal Resources LP CCR and Arbor Realty Trust Inc. ABR . Click to get this free report CrossAmerica Partners LP (CAPL): Get Free Report Arbor Realty Trust (ABR): Free Stock Analysis Report CONSOL Coal Resources LP (CCR): Free Stock Analysis Report PLYMOUTH IND RE (PLYM): Get Free Report Ready Capital Corp (RC): Free Stock Analysis Report To read this article on Zacks.com click here. For the IMF, the 10-month old trade conflict between the United States and China is a major concern. |
30119.0 | 2019-01-24 00:00:00 UTC | Volatility Likely to Persist: 5 High Yielding Stocks Picks | ABR | https://www.nasdaq.com/articles/volatility-likely-persist-5-high-yielding-stocks-picks-2019-01-24 | nan | nan | After a tumultuous 2018, U.S. stock markets have received some respite in 2019 so far. Although Wall Street displayed signs of recovery, several headwinds still persist. Lingering trade related conflict between the United States and China, fears of a global economic slowdown, geopolitical uncertainties like the Brexit issue and uncertainty regarding Fed's monetary stance in 2019 are near-term concerns.
Investment in high-dividend paying stocks, over a reasonable time period, is likely to bring good returns, especially under market turmoil. Consequently, it would be a prudent investment decision to bank on stocks with promising dividend yield and a favorable Zacks Rank.
Concerns over Global Economic Slowdown
On Jan 21, the International Monetary Fund ("IMF") reduced global economic growth forecast for 2019 and 2020. The fund reduced its global growth projection for 2019 to 3.5% from 3.7% in October. Likewise, global growth projection for 2020 was reduced to 3.6% from 3.7% in October, marking the second curtailing in last three months.
Per IMF, growth rate in advanced economies is on the decline while it has slowed down in emerging economies. Advanced economies are likely to grow by 2% and 1.7% in 2019 and 2020, respectively. Meanwhile, emerging economies are expected to grow by 4.6% and 4.9% in 2019 and 2020, respectively.
For the IMF, the 10-month old trade conflict between the United States and China is a major concern. The Chinese economy grew 6.6% in 2018, its slowest pace since 1990. Contagion effect of Chinese slowdown is likely to affect other emerging countries. Moreover, prolonged problem related to Brexit in the U.K. is another concern.
Conflicting News on Trade War Front
According to CNBC, the U.S. government has rejected a trade meeting with China scheduled to be held this week on the ground of gross disagreements over intellectual property rights. The primary concern of the Trump administration stems from the apprehension that China is stealing intellectual property from U.S. companies by unfair means.
This is the focal point of trade conflict between the two largest trading countries of the world. Notably, the two countries are currently going through a 90-day truce period. Notably, both countries will refrain from tariff imposition during this period. The deadline will come to an end on Mar 1.
On Jan 18, Bloomberg reported that China has offered to ramp up imports from the United State in the next six years. Total value of these imports will be $1 trillion which will bring down the United States' massive trade deficit with China to zero in 2024.
On Jan 16, The Wall Street Journal reported that the U.S. government is contemplating a proposal regarding lifting of some tariffs imposed on China. This will act as an incentive to the Asian economic giant to make deeper concessions to the United States. However, a Treasury Department spokesperson later denied the news.
Our Top Picks
At this juncture, it will be lucrative to invest in high-yielding stocks in order to ensure a steady income stream. We narrowed down our search to five such stocks each carries either a Zacks Rank #1 (Strong Buy) or #2 (Buy) and high-dividend yield. You can see the complete list of today's Zacks #1 Rank stocks here .
The chart below shows price performance of our five picks in the last six months.
Ready Capital Corp.RC acquires, originates, manages, services, and finances small balance commercial loans, small business administration loans, residential mortgage loans and mortgage backed securities. It has a dividend yield of 10.8% and a Zacks Rank #1. The company has expected earnings growth of 29.6% for current year. The Zacks Consensus Estimate for the current year has improved by 1.7% over the last 60 days.
CrossAmerica Partners LPCAPL engages in the wholesale distribution of motor fuels, and ownership and leasing of real estate used in the retail distribution of motor fuels in the United States. It has a dividend yield of 12.7% and a Zacks Rank #2. The company has expected earnings growth of 125% for current year. The Zacks Consensus Estimate for the current year has improved by 100% over the last 60 days.
Plymouth Industrial REIT Inc.PLYM is a full service, vertically integrated real estate investment company across the United States. It has a dividend yield of 9.6% and a Zacks Rank #1. The company has expected earnings growth of 218.4% for current year. The Zacks Consensus Estimate for the current year has improved by 2.5% over the last 60 days.
CONSOL Coal Resources LPCCR produces and sells high-Btu thermal coal in the Northern Appalachian Basin and the eastern United States. It has a dividend yield of 11.7% and a Zacks Rank #1. The company has expected earnings growth of 54.1% for current year. The Zacks Consensus Estimate for the current year has improved by 0.4% over the last 60 days.
Arbor Realty Trust Inc.ABR is a specialized real estate finance company which invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. It has a dividend yield of 9.7% and a Zacks Rank #2. The company has expected earnings growth of 14.4% for current year. The Zacks Consensus Estimate for the current year has improved by 2.6% over the last 60 days.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
CrossAmerica Partners LP (CAPL): Get Free Report
Arbor Realty Trust (ABR): Free Stock Analysis Report
PLYMOUTH IND RE (PLYM): Free Stock Analysis Report
CONSOL Coal Resources LP (CCR): Get Free Report
Ready Capital Corp (RC): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arbor Realty Trust Inc.ABR is a specialized real estate finance company which invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. Click to get this free report CrossAmerica Partners LP (CAPL): Get Free Report Arbor Realty Trust (ABR): Free Stock Analysis Report PLYMOUTH IND RE (PLYM): Free Stock Analysis Report CONSOL Coal Resources LP (CCR): Get Free Report Ready Capital Corp (RC): Free Stock Analysis Report To read this article on Zacks.com click here. Investment in high-dividend paying stocks, over a reasonable time period, is likely to bring good returns, especially under market turmoil. | Click to get this free report CrossAmerica Partners LP (CAPL): Get Free Report Arbor Realty Trust (ABR): Free Stock Analysis Report PLYMOUTH IND RE (PLYM): Free Stock Analysis Report CONSOL Coal Resources LP (CCR): Get Free Report Ready Capital Corp (RC): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty Trust Inc.ABR is a specialized real estate finance company which invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. Concerns over Global Economic Slowdown On Jan 21, the International Monetary Fund ("IMF") reduced global economic growth forecast for 2019 and 2020. | Click to get this free report CrossAmerica Partners LP (CAPL): Get Free Report Arbor Realty Trust (ABR): Free Stock Analysis Report PLYMOUTH IND RE (PLYM): Free Stock Analysis Report CONSOL Coal Resources LP (CCR): Get Free Report Ready Capital Corp (RC): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty Trust Inc.ABR is a specialized real estate finance company which invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. Lingering trade related conflict between the United States and China, fears of a global economic slowdown, geopolitical uncertainties like the Brexit issue and uncertainty regarding Fed's monetary stance in 2019 are near-term concerns. | Arbor Realty Trust Inc.ABR is a specialized real estate finance company which invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. Click to get this free report CrossAmerica Partners LP (CAPL): Get Free Report Arbor Realty Trust (ABR): Free Stock Analysis Report PLYMOUTH IND RE (PLYM): Free Stock Analysis Report CONSOL Coal Resources LP (CCR): Get Free Report Ready Capital Corp (RC): Free Stock Analysis Report To read this article on Zacks.com click here. For the IMF, the 10-month old trade conflict between the United States and China is a major concern. |
30120.0 | 2019-01-24 00:00:00 UTC | MGM Growth Properties, Alcoa, Arbor Realty Trust and Chatham Lodging Trust highlighted as Zacks Bull and Bear of the Day | ABR | https://www.nasdaq.com/articles/mgm-growth-properties-alcoa-arbor-realty-trust-and-chatham-lodging-trust-highlighted-as | nan | nan | For Immediate Release
Chicago, IL - January 24, 2019 - Zacks Equity Research MGM Growth Properties MGP as the Bull of the Day, Alcoa Corp. AA asthe Bear of the Day. In addition, Zacks Equity Research provides analysis on Arbor Realty Trust ABR and Chatham Lodging Trust CLD .
Here is a synopsis of all four stocks:
Bull of the Day :
Wall Street has put together an impressive start to 2019, but Tuesday's pullback and Wednesday's choppy trading served as a reminder that many investors are still feeling rather risk averse. This makes traditional defensive buys look smart right now, including REITs.
REITs are companies that own or finance income-producing real estate properties. These types of firms are heavily regulated and have to jump through some hoops to be classified as REITs, but they tend to offer investors a few attractive advantages, which might look even better in today's environment.
Namely, REITs must pay at least 90% of their taxable income in dividends to shareholders, making them an ideal fit for income-loving investors that love steady cash payouts. This creates a greater sense of stability and could help investors steady the boat during periods of volatility.
There are some drawbacks to REITs, of course. For instance, the presence of mortgage debt makes this a rate sensitive industry, so investors might not love some REIT choices in this rising rate environment.
Even still, this can be offset by targeting REITs that have large amounts of their debt already fixed at a low rate. A prospective investor can also use proven Zacks Rank-which emphasizes earnings estimates and estimate revisions-to find strong REITs.
Typically, the Zacks Rank and its associated Zacks Consensus Estimates use earnings per share metrics, but in the case of REITs, funds from operations (FFO) is the metric of profitability used. The theory is the same, however. Those companies that are seeing improvements to the outlook of their businesses will likely see their share prices rise.
Today's Bull of the Day, MGM Growth Properties , is the perfect illustration of this. Here's how the company's stock has moved compared to its consensus FFO estimates for 2018, 2019, and 2020 over the past six months:
MGM Growth Properties owns casino facilities. It's a spin-off of MGM Resorts, which operates most of the gaming facilities that MGP owns. This includes a number of iconic Las Vegas casinos, including The Mirage, Mandalay Bay, and New York-New York.
MGP is sporting a Zacks Rank #1 (Strong Buy). As we can see, its outlook has improved significantly over the past few months, and the stock has responded well to that. We see that this relationship is pretty apparent for MGP, as its shares eventually pulled back in stretches where its forward-looking outlook was falling and/or plateauing.
MGM Growth's nex t earnings report is expected in about three weeks. Currently, consensus estimates are calling for the company to post quarterly FFO growth of 13.5%, bringing full-year growth to around 11%.
But the real trend to spot right now is in MGP's 2019 FFO estimates. The Zacks Consensus for this period has improved by eight cents over the past 60 days, bringing expected growth to 4% for the year. This positive trend in the buildup to the report is a hint that MGM Growth could be prepared to deliver solid guidance for 2019.
Bear of the Day :
The market is in the middle of quite the interesting earnings season, as Wall Street's continued recovery from the Q4 selloff feels somewhat contingent on strong results over the next few weeks. Regardless, investors should remember that post-earnings trends often take time to develop, and that means avoiding stocks that did not impress with their reports already.
One such example is Alcoa Corp. . The aluminum producer posted its latest quarterly results last week, and figures for the reported quarter were modest. Adjusted earnings came in at 66 cents per share, which cruised past the Zacks Consensus Estimate. Revenue of $3.35 billion edged out estimates of $3.34 billion.
However, Alcoa's earnings in the period were down significantly from the $1.04 witnessed in the year-ago period. This represents a year-over-year decline of 37% and marks the second consecutive quarter of EPS contraction for Alcoa. The company faced pressure from a drop in aluminum prices and a decrease in the price of energy sales in Brazil.
The issue with these market challenges is that they are coming at a time when other costs are rising. Alcoa reported a year-over-year COGS increase of $230 million, outpacing its gain of $170 million in revenue. COGS as a percentage of revenue increased to 75.7% from 72.5% last year.
Concerns with Alcoa also relate to fears that the global economy is moving past peak growth. Alcoa itself said that it expects the world's alumina deficit of 2018 to turn into a surplus by the end of 2019. This suggests a slowdown in demand, which signals sluggishness in key economic indicators such as manufacturing.
Alcoa's report and the sentiment that emerged from it immediately sparked a series of negative earnings estimate revisions for the company. In just the past week, three analysts have adjusted their 2019 EPS estimates to the downside, bringing the Zacks Consensus Estimate down to $1.93 from $2.67.
This is a trend that was already starting to develop prior to last week's report. In fact, Alcoa's 2019 estimates have seen seven negative revisions in the past 60 days, and the consensus has fallen from a peak of $4.06 to where it stands today. That represents a roughly 52% drop in Alcoa's earnings consensus for the year. Earnings for 2019 are now expected to decline 46%.
The company's earnings consensus for 2020 has not fared well either. In the past 60 days, Alcoa has witnessed five negative revisions to its 2020 EPS estimates, dragging down the Zacks Consensus from $4.19 to $2.72 in that time. This move is a decline of 35% in the consensus.
Alcoa shares are down about 34% in the past six months, as investors were able to see what falling aluminum prices and slowing global growth could do to the company's earnings outlook well ahead of time.
Even still, the value case for Alcoa is not apparent. On a forward 12-month basis, the stock is trading at 12.2x earnings. That's near the highest forward earnings multiple it has seen in the past six months, reflecting the severity of the drop in its 2019 consensus.
Additional content:
3 Great REITs to Buy Right Now
The stock market's strong run over the past few years brought attention to high-flying growth stocks, usually from the technology sector, that were consistently outpacing the market. However, fresh volatility within the last few months has shifted some focus back towards other investment strategies, and now it might be time for investors to check out things like real estate investment trusts, or REITs.
REITs are companies that own, operate, or finance real estate properties that produce income, such as apartment complexes or retail locations. These companies are heavily regulated and must meet a number of qualifications to be classified as a REIT, but they do offer investors a few distinct advantages.
First of all, real estate can be a very profitable investment sector when certain economic conditions are present. What's more, REITs must pay at least 90% of their taxable income in dividends to shareholders, so they are a great option for income investors looking for steady payouts.
The presence of mortgage debt makes this a rate sensitive industry, so investors might not love some REIT choices in this rising rate environment. But many companies offset this through strong funds from operations (FFO) growth-or they stick out from the pack with large amounts of their debt already fixed at a low rate.
Luckily for Zacks readers, the proven Zacks Rank-which emphasizes earnings estimates and estimate revisions-works with REITs just as it would with any other company. We prefer to use FFO as the metric of profitability here, but the trends work the same otherwise. The strongest REITs are going to be those with improving outlooks and great Zacks Ranks.
With that said, check out the REITs that our model says are impressive options right now:
1. Arbor Realty Trust
Arbor Realty is a specialized real estate finance company investing in real estate-related bridge and mezzanine loans, preferred equity, mortgage-related securities and other real estate-related assets. The company is a nice small-cap option for exposure to the U.S. mortgage market.
ABR sports a Zacks Rank #2 (Buy). Analyst estimate trends have been positive, and the Zacks Consensus Estimate for the company's 2019 FFO has gained five cents over the past 90 days. ABR also offers a 9.7% yield based on current prices. Finally, the stock has a beta of just 0.4, making it a low volatility option.
2. MGM Growth Properties LLC
MGM Growth owns 13 gaming properties, most of which are operated by casino giant MGM. This portfolio includes a number of iconic Las Vegas casinos, including The Mirage, Mandalay Bay, and New York-New York. The business is primarily structured through NNN leases, which means it is more protected from one-time or unexpected costs.
MGM has a Zacks Rank #1 (Strong Buy) and offers a dividend yield of 6.1%. FFO estimates for 2019 are moving higher, and now the company is expected to witness even more growth on top of 2018's expected 11% expansion. On a long-term basis, analysts expect MGP to record annualized FFO growth of 8.5%. Plus, the company has consistently raised its dividend every year and generates about $4.41 in cash per share.
3. Chatham Lodging Trust
Chatham Lodging is a self-advised hotel REIT that focuses on upscale extended-stay and select-service hotels. The company's portfolio includes notable brands such as Courtyard, Hampton, Hilton Garden Inn, and many more. These facilities are primarily near large metropolitan markets in the U.S., so Chatham is definitely in some prime lodging real estate.
CLD holds a #1 (Strong Buy) rating. Its consensus estimates for FFO in the current and next quarter, as well as the current and next full fiscal years, are all higher over the last 60 days. CLD also trades with a P/E of just 9.7, which is a steep discount to its industry's average of 14.2. The stock presents a dividend yield of 6.8%, and the company has consistently delivered this payout for years.
Zacks' Top 10 Stocks for 2019
In addition to the stocks discussed above, wouldn't you like to know about our 10 finest buy-and-holds for the year?
From more than 4,000 companies covered by the Zacks Rank, these 10 were picked by a process that consistently beats the market. Even during 2018 while the market dropped -5.2%, our Top 10s were up well into double-digits. And during bullish 2012 - 2017, they soared far above the market's +126.3%, reaching +181.9%.
This year, the portfolio features a player that thrives on volatility, an AI comer, and a dynamic tech company that helps doctors deliver better patient outcomes at lower costs.
See Stocks Today >>
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | In addition, Zacks Equity Research provides analysis on Arbor Realty Trust ABR and Chatham Lodging Trust CLD . ABR sports a Zacks Rank #2 (Buy). ABR also offers a 9.7% yield based on current prices. | In addition, Zacks Equity Research provides analysis on Arbor Realty Trust ABR and Chatham Lodging Trust CLD . Click to get this free report Cloud Peak Energy Inc (CLD): Free Stock Analysis Report Alcoa Corp. (AA): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report MGM Growth Properties LLC (MGP): Get Free Report To read this article on Zacks.com click here. ABR sports a Zacks Rank #2 (Buy). | Click to get this free report Cloud Peak Energy Inc (CLD): Free Stock Analysis Report Alcoa Corp. (AA): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report MGM Growth Properties LLC (MGP): Get Free Report To read this article on Zacks.com click here. In addition, Zacks Equity Research provides analysis on Arbor Realty Trust ABR and Chatham Lodging Trust CLD . ABR sports a Zacks Rank #2 (Buy). | In addition, Zacks Equity Research provides analysis on Arbor Realty Trust ABR and Chatham Lodging Trust CLD . ABR sports a Zacks Rank #2 (Buy). ABR also offers a 9.7% yield based on current prices. |
30121.0 | 2019-01-23 00:00:00 UTC | 3 Great REITs to Buy Right Now | ABR | https://www.nasdaq.com/articles/3-great-reits-buy-right-now-2019-01-23 | nan | nan | The stock market's strong run over the past few years brought attention to high-flying growth stocks, usually from the technology sector, that were consistently outpacing the market. However, fresh volatility within the last few months has shifted some focus back towards other investment strategies, and now it might be time for investors to check out things like real estate investment trusts, or REITs.
REITs are companies that own, operate, or finance real estate properties that produce income, such as apartment complexes or retail locations. These companies are heavily regulated and must meet a number of qualifications to be classified as a REIT, but they do offer investors a few distinct advantages.
First of all, real estate can be a very profitable investment sector when certain economic conditions are present. What's more, REITs must pay at least 90% of their taxable income in dividends to shareholders, so they are a great option for income investors looking for steady payouts.
The presence of mortgage debt makes this a rate sensitive industry, so investors might not love some REIT choices in this rising rate environment. But many companies offset this through strong funds from operations (FFO) growth-or they stick out from the pack with large amounts of their debt already fixed at a low rate.
Luckily for Zacks readers, the proven Zacks Rank-which emphasizes earnings estimates and estimate revisions-works with REITs just as it would with any other company. We prefer to use FFO as the metric of profitability here, but the trends work the same otherwise. The strongest REITs are going to be those with improving outlooks and great Zacks Ranks.
With that said, check out the REITs that our model says are impressive options right now:
1. Arbor Realty Trust (ABR)
Arbor Realty is a specialized real estate finance company investing in real estate-related bridge and mezzanine loans, preferred equity, mortgage-related securities and other real estate-related assets. The company is a nice small-cap option for exposure to the U.S. mortgage market.
ABR sports a Zacks Rank #2 (Buy). Analyst estimate trends have been positive, and the Zacks Consensus Estimate for the company's 2019 FFO has gained five cents over the past 90 days. ABR also offers a 9.7% yield based on current prices. Finally, the stock has a beta of just 0.4, making it a low volatility option.
2. MGM Growth Properties LLC (MGP)
MGM Growth owns 13 gaming properties, most of which are operated by casino giant MGM. This portfolio includes a number of iconic Las Vegas casinos, including The Mirage, Mandalay Bay, and New York-New York. The business is primarily structured through NNN leases, which means it is more protected from one-time or unexpected costs.
MGM has a Zacks Rank #1 (Strong Buy) and offers a dividend yield of 6.1%. FFO estimates for 2019 are moving higher, and now the company is expected to witness even more growth on top of 2018's expected 11% expansion. On a long-term basis, analysts expect MGP to record annualized FFO growth of 8.5%. Plus, the company has consistently raised its dividend every year and generates about $4.41 in cash per share.
3. Chatham Lodging Trust (CLD)
Chatham Lodging is a self-advised hotel REIT that focuses on upscale extended-stay and select-service hotels. The company's portfolio includes notable brands such as Courtyard, Hampton, Hilton Garden Inn, and many more. These facilities are primarily near large metropolitan markets in the U.S., so Chatham is definitely in some prime lodging real estate.
CLD holds a #1 (Strong Buy) rating. Its consensus estimates for FFO in the current and next quarter, as well as the current and next full fiscal years, are all higher over the last 60 days. CLD also trades with a P/E of just 9.7, which is a steep discount to its industry's average of 14.2. The stock presents a dividend yield of 6.8%, and the company has consistently delivered this payout for years.
Zacks' Top 10 Stocks for 2019
In addition to the stocks discussed above, wouldn't you like to know about our 10 finest buy-and-holds for the year?
From more than 4,000 companies covered by the Zacks Rank, these 10 were picked by a process that consistently beats the market. Even during 2018 while the market dropped -5.2%, our Top 10s were up well into double-digits. And during bullish 2012 - 2017, they soared far above the market's +126.3%, reaching +181.9%.
This year, the portfolio features a player that thrives on volatility, an AI comer, and a dynamic tech company that helps doctors deliver better patient outcomes at lower costs.
See Stocks Today >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Cloud Peak Energy Inc (CLD): Free Stock Analysis Report
Arbor Realty Trust (ABR): Free Stock Analysis Report
MGM Growth Properties LLC (MGP): Get Free Report
To read this article on Zacks.com click here.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arbor Realty Trust (ABR) Arbor Realty is a specialized real estate finance company investing in real estate-related bridge and mezzanine loans, preferred equity, mortgage-related securities and other real estate-related assets. ABR sports a Zacks Rank #2 (Buy). ABR also offers a 9.7% yield based on current prices. | Arbor Realty Trust (ABR) Arbor Realty is a specialized real estate finance company investing in real estate-related bridge and mezzanine loans, preferred equity, mortgage-related securities and other real estate-related assets. Click to get this free report Cloud Peak Energy Inc (CLD): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report MGM Growth Properties LLC (MGP): Get Free Report To read this article on Zacks.com click here. ABR sports a Zacks Rank #2 (Buy). | Arbor Realty Trust (ABR) Arbor Realty is a specialized real estate finance company investing in real estate-related bridge and mezzanine loans, preferred equity, mortgage-related securities and other real estate-related assets. Click to get this free report Cloud Peak Energy Inc (CLD): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report MGM Growth Properties LLC (MGP): Get Free Report To read this article on Zacks.com click here. ABR sports a Zacks Rank #2 (Buy). | Arbor Realty Trust (ABR) Arbor Realty is a specialized real estate finance company investing in real estate-related bridge and mezzanine loans, preferred equity, mortgage-related securities and other real estate-related assets. ABR sports a Zacks Rank #2 (Buy). ABR also offers a 9.7% yield based on current prices. |
30122.0 | 2019-01-21 00:00:00 UTC | What Makes Arbor Realty Trust (ABR) a New Buy Stock | ABR | https://www.nasdaq.com/articles/what-makes-arbor-realty-trust-abr-a-new-buy-stock-2019-01-21 | nan | nan | Arbor Realty Trust (ABR) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.
A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.
Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements.
As such, the Zacks rating upgrade for Arbor Realty Trust is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.
Most Powerful Force Impacting Stock Prices
The change in a company's future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.
Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Arbor Realty Trust imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.
Harnessing the Power of Earnings Estimate Revisions
As empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power o f earnings estimate revisions.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .
Earnings Estimate Revisions for Arbor Realty Trust
This real estate investment trust is expected to earn $1.19 per share for the fiscal year ending December 2018, which represents a year-over-year change of 14.4%.
Analysts have been steadily raising their estimates for Arbor Realty Trust. Over the past three months, the Zacks Consensus Estimate for the company has increased 6.3%.
Bottom Line
Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of 'buy' and 'sell' ratings for its entire universe of more than 4000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a 'Strong Buy' rating and the next 15% get a 'Buy' rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.
You can learn more about the Zacks Rank here >>>
The upgrade of Arbor Realty Trust to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.
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Arbor Realty Trust (ABR): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arbor Realty Trust (ABR) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. As such, the Zacks rating upgrade for Arbor Realty Trust is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price. | Arbor Realty Trust (ABR) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Most Powerful Force Impacting Stock Prices The change in a company's future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. | Arbor Realty Trust (ABR) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Most Powerful Force Impacting Stock Prices The change in a company's future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. | Arbor Realty Trust (ABR) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Harnessing the Power of Earnings Estimate Revisions As empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. |
30123.0 | 2019-01-15 00:00:00 UTC | Arbor Realty Trust (ABR) Gains But Lags Market: What You Should Know | ABR | https://www.nasdaq.com/articles/arbor-realty-trust-abr-gains-but-lags-market%3A-what-you-should-know-2019-01-15 | nan | nan | Arbor Realty Trust (ABR) closed at $11.36 in the latest trading session, marking a +0.09% move from the prior day. This change lagged the S&P 500's 1.07% gain on the day. Elsewhere, the Dow gained 0.65%, while the tech-heavy Nasdaq added 1.71%.
Prior to today's trading, shares of the real estate investment trust had gained 3.84% over the past month. This has outpaced the Finance sector's gain of 1.99% and the S&P 500's loss of 0.58% in that time.
Wall Street will be looking for positivity from ABR as it approaches its nex t earnings report date. This is expected to be February 22, 2019. In tha t report , analysts expect ABR to post earnings of $0.27 per share. This would mark year-over-year growth of 8%. Our most recent consensus estimate is calling for quarterly revenue of $69.20 million, up 50.27% from the year-ago period.
Investors should also note any recent changes to analyst estimates for ABR. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. ABR is holding a Zacks Rank of #3 (Hold) right now.
In terms of valuation, ABR is currently trading at a Forward P/E ratio of 9.66. This represents a discount compared to its industry's average Forward P/E of 13.72.
The REIT and Equity Trust - Other industry is part of the Finance sector. This group has a Zacks Industry Rank of 161, putting it in the bottom 38% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow ABR in the coming trading sessions, be sure to utilize Zacks.com.
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To read this article on Zacks.com click here.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arbor Realty Trust (ABR) closed at $11.36 in the latest trading session, marking a +0.09% move from the prior day. Wall Street will be looking for positivity from ABR as it approaches its nex t earnings report date. In tha t report , analysts expect ABR to post earnings of $0.27 per share. | Arbor Realty Trust (ABR) closed at $11.36 in the latest trading session, marking a +0.09% move from the prior day. Wall Street will be looking for positivity from ABR as it approaches its nex t earnings report date. In tha t report , analysts expect ABR to post earnings of $0.27 per share. | Arbor Realty Trust (ABR) closed at $11.36 in the latest trading session, marking a +0.09% move from the prior day. Wall Street will be looking for positivity from ABR as it approaches its nex t earnings report date. In tha t report , analysts expect ABR to post earnings of $0.27 per share. | Arbor Realty Trust (ABR) closed at $11.36 in the latest trading session, marking a +0.09% move from the prior day. In tha t report , analysts expect ABR to post earnings of $0.27 per share. Wall Street will be looking for positivity from ABR as it approaches its nex t earnings report date. |
30124.0 | 2019-01-10 00:00:00 UTC | Validea Motley Fool Strategy Daily Upgrade Report - 1/10/2019 | ABR | https://www.nasdaq.com/articles/validea-motley-fool-strategy-daily-upgrade-report-1102019-2019-01-10 | nan | nan | The following are today's upgrades for Validea's Small-Cap Growth Investor model based on the published strategy of Motley Fool . This strategy looks for small cap growth stocks with solid fundamentals and strong price performance.
ARBOR REALTY TRUST INC ( ABR ) is a small-cap value stock in the Construction Services industry. The rating according to our strategy based on Motley Fool changed from 69% to 76% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Arbor Realty Trust, Inc. is a real estate investment trust. The Company invests in a portfolio of structured finance assets in the multifamily and commercial real estate markets, primarily consisting of bridge and mezzanine loans, including junior participating interests in first mortgages, preferred and direct equity. Its segments include Structured Business and Agency Business. In addition, the Company may also directly acquire real property and invest in real estate-related notes and certain mortgage-related securities. It focuses on investment types, such as Bridge Financing, Mezzanine Financing, Junior Participation Financing and Preferred Equity Investments. It offers bridge financing products to borrowers, typically seeking short-term capital to use in an acquisition of property. It offers mezzanine financing in the form of loans that are subordinate to a conventional first mortgage loan and senior to the borrower's equity in a transaction.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
Since its inception, Validea's strategy based on Motley Fool has returned 484.73% vs. 160.03% for the S&P 500. For more details on this strategy, click here
About Motley Fool : Brothers David and Tom Gardner often wear funny hats in public appearances, but they're hardly fools -- at least not the kind whose advice you should readily dismiss. The Gardners are the founders of the popular Motley Fool web site, which offers frank and often irreverent commentary on investing, the stock market, and personal finance. The Gardners' "Fool" really is a multi-media endeavor, offering not only its web content but also several books written by the brothers, a weekly syndicated newspaper column, and subscription newsletter services.
About Validea : Validea is an investment research service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | ARBOR REALTY TRUST INC ( ABR ) is a small-cap value stock in the Construction Services industry. The Company invests in a portfolio of structured finance assets in the multifamily and commercial real estate markets, primarily consisting of bridge and mezzanine loans, including junior participating interests in first mortgages, preferred and direct equity. The Gardners' "Fool" really is a multi-media endeavor, offering not only its web content but also several books written by the brothers, a weekly syndicated newspaper column, and subscription newsletter services. | ARBOR REALTY TRUST INC ( ABR ) is a small-cap value stock in the Construction Services industry. The following are today's upgrades for Validea's Small-Cap Growth Investor model based on the published strategy of Motley Fool . The Company invests in a portfolio of structured finance assets in the multifamily and commercial real estate markets, primarily consisting of bridge and mezzanine loans, including junior participating interests in first mortgages, preferred and direct equity. | ARBOR REALTY TRUST INC ( ABR ) is a small-cap value stock in the Construction Services industry. The Company invests in a portfolio of structured finance assets in the multifamily and commercial real estate markets, primarily consisting of bridge and mezzanine loans, including junior participating interests in first mortgages, preferred and direct equity. It focuses on investment types, such as Bridge Financing, Mezzanine Financing, Junior Participation Financing and Preferred Equity Investments. | ARBOR REALTY TRUST INC ( ABR ) is a small-cap value stock in the Construction Services industry. The following are today's upgrades for Validea's Small-Cap Growth Investor model based on the published strategy of Motley Fool . The Company invests in a portfolio of structured finance assets in the multifamily and commercial real estate markets, primarily consisting of bridge and mezzanine loans, including junior participating interests in first mortgages, preferred and direct equity. |
30125.0 | 2019-01-08 00:00:00 UTC | Arbor Realty Trust (ABR) Outpaces Stock Market Gains: What You Should Know | ABR | https://www.nasdaq.com/articles/arbor-realty-trust-abr-outpaces-stock-market-gains%3A-what-you-should-know-2019-01-08 | nan | nan | In the latest trading session, Arbor Realty Trust (ABR) closed at $11.05, marking a +1.56% move from the previous day. The stock outpaced the S&P 500's daily gain of 0.97%. At the same time, the Dow added 1.09%, and the tech-heavy Nasdaq gained 1.08%.
Prior to today's trading, shares of the real estate investment trust had lost 6.21% over the past month. This has lagged the Finance sector's loss of 1.97% and the S&P 500's loss of 3.04% in that time.
Wall Street will be looking for positivity from ABR as it approaches its nex t earnings report date. This is expected to be February 22, 2019. In tha t report , analysts expect ABR to post earnings of $0.27 per share. This would mark year-over-year growth of 8%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $69.20 million, up 50.27% from the year-ago period.
Any recent changes to analyst estimates for ABR should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. ABR is currently sporting a Zacks Rank of #3 (Hold).
In terms of valuation, ABR is currently trading at a Forward P/E ratio of 9.26. For comparison, its industry has an average Forward P/E of 13.33, which means ABR is trading at a discount to the group.
The REIT and Equity Trust - Other industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 155, which puts it in the bottom 39% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Arbor Realty Trust (ABR): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | In the latest trading session, Arbor Realty Trust (ABR) closed at $11.05, marking a +1.56% move from the previous day. Wall Street will be looking for positivity from ABR as it approaches its nex t earnings report date. In tha t report , analysts expect ABR to post earnings of $0.27 per share. | In the latest trading session, Arbor Realty Trust (ABR) closed at $11.05, marking a +1.56% move from the previous day. Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Wall Street will be looking for positivity from ABR as it approaches its nex t earnings report date. | Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. In the latest trading session, Arbor Realty Trust (ABR) closed at $11.05, marking a +1.56% move from the previous day. Wall Street will be looking for positivity from ABR as it approaches its nex t earnings report date. | In the latest trading session, Arbor Realty Trust (ABR) closed at $11.05, marking a +1.56% move from the previous day. In tha t report , analysts expect ABR to post earnings of $0.27 per share. Wall Street will be looking for positivity from ABR as it approaches its nex t earnings report date. |
30126.0 | 2019-01-03 00:00:00 UTC | Near-Term Outlook for Equity REIT Stocks Appears Bright | ABR | https://www.nasdaq.com/articles/near-term-outlook-for-equity-reit-stocks-appears-bright-2019-01-03 | nan | nan | The Zacks REIT and Equity Trust - Other industry is a diversified group, comprising REIT stocks from different asset categories such as industrial, office, lodging, healthcare, self-storage, data centers and others. The companies rent space in these properties to tenants and earn a rental income in return.
Traditionally, REITs have been dependent on debt for conducting business. Moreover, these companies are often considered as bond substitutes by the investment world, given their high and consistent dividend-paying nature. These create short-term hiccups for REITs, owing to rate hikes and movement of treasury yields, and with the Fed raising rates for the fourth time in 2018, there was no exception this time too.
However, barring short-term hiccups, this special hybrid asset class has proven time and again that rate hikes do not necessarily impact long-term returns from REIT stocks. In fact, apart from rate issues, individual market dynamics of the underlying asset category play a crucial role in determining the performance of REITs.
Therefore, on one hand, an improving economy, job-market gains, corporate profits and tax cuts are spurring demand for several asset categories, driving occupancy levels and fueling the scope of generating future cash flows from the properties. And on the other hand, rising supply and evolving trade policies are softening fundamentals of related REITs.
Here are the major themes in the industry:
Technological Wave: Technological evolution has been changing the dynamics of the real estate market and substantially driving demand at a number of asset categories. For example, the e-commerce boom, which has largely affected retailers' business model and kept retail REITs on tenterhooks, has on the other hand, significantly spurred demand for a separate set of REITs like cell towers, data centers and logistics facilities.
In addition, an increasing number of people consuming digital content and a solid estimated growth rate for the artificial intelligence, Internet of Things, autonomous vehicle and virtual/augmented reality markets, for the next five to eight years, raise hopes for remarkable growth in demand for space at cell-tower and data-center REITs. Also, data-analytics expertise of self-storage REITs are offering a competitive advantage and driving their performance. Focus on app-based, on-demand platform and increased adoption of automation to drive operational efficiencies will likely be the major factors in determining this sector's performance.
Favorable Demographic Growth: Favorable demographic growth in age cohorts like millennials and baby boomers has been guiding the performance of a number of asset categories. Particularly, growth in the millennial generation is redefining retail trends and leading to an e-retail boom. With e-retailers optimizing distribution, demand for industrial warehouses are on the rise. Additionally, millennials' preference to access apps for all kinds of services has prompted a number of REIT industries to adopt new technologies. Boomers have also been embracing technology, adding to such favorable trends.
Furthermore, the aged population or the "silver tsunami" is shaping up the fate of the healthcare REITs, since this group constitutes the largest customer base of healthcare services, which spends more on healthcare services than the average population, driving demand for seniors housing assets, skilled nursing facilities and others. Increasing longevity of the aging U.S. population, along with biopharma drug development growth opportunities, also has promoted institutional life-science and medical-market fundamentals.
Similarly, self-storage REITs too have been gaining from the increasing use of such facilities by the rising baby boomers and their preference for residential downsizing. These REITs are also benefiting from adoption of technology and serving the millennial generation.
Improving U.S. economy: The healthy U.S. economy and job-market gains are essential catalysts for this industry's growth. Corporate profits are up, and corporate tax cuts are encouraging companies to deploy capital and increase wages. Also, consumer confidence is increasing, fueled by job growth and rising wages. These are translating into elevated demand for real estate, higher occupancy levels and landlords' greater power to ask for higher rents.
Particularly, healthy growth in demand for office spaces might continue, as with economic revival, business grows, corporate sectors seek expansion and rent more space to accommodate increased workforce. The lodging/resort REITs too will likely be on the winning side, as business travel benefits from rising corporate profits and corporate tax cuts, as well as a healthy business investment, while leisure travel may ride well on low unemployment level and rising wages.
Elevated Deliveries of New Units and Trade Policies: Nevertheless, despite an improving economy and robust job growth, rising delivery of new units in several asset categories, such as industrial, office, senior housing and self-storage, has kept REITs on tenterhooks. Rising construction with increased completions are moderating landlords' ability to command more rents and grow occupancy levels, and resulting in high concessions as well.
Therefore, slowdown in leasing velocity and compression in rent growth will likely remain causes of concerns in the near term. In addition, any protectionist trade policies will have an adverse impact on economic growth, and affect the business of industrial REITs over the long term. For data-center REITs, aggressive pricing pressure and substantial debt burden are likely to limit growth tempo.
Zacks Industry Rank Indicates Bright Prospects
The Zacks REIT and Equity Trust - Other industry is housed within the broader Zacks Finance sector. It carries a Zacks Industry Rank #111, which places it at the top 44% of more than 250 Zacks industries.
The group's Zacks Industry Rank , which is basically the average of the Zacks Rank of all the member stocks, indicates bright near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperforms the bottom 50% by a factor of more than 2 to 1.
The industry's positioning in the top 50% of the Zacks-ranked industries is a result of positive funds from operations (FFO) per share outlook for the constituent companies in aggregate.
Before we present a few stocks that you may want to consider for your portfolio, let's take a look at the industry's recent stock-market performance and valuation picture.
Industry Outperforms Sector, S&P 500
The REIT and Equity Trust - Other Industry has outperformed the broader Zacks Finance Sector, as well as the Zacks S&P 500 composite over the past year.
The industry has registered a fall of 6.4% during this period compared with the S&P 500's decline of 7.8%. Meanwhile, the broader sector has registered a fall of 15.5%.
One Year Price Performance
Industry's Current Valuation
On the basis of forward 12-month price-to-FFO (funds from operations) ratio, which is a commonly used multiple for valuing Residential REITs, we see that the industry is currently trading at 14.7X compared to the S&P 500's forward 12-month price-to-earnings (P/E) of 15.4X. However, the industry is trading above the Finance sector's forward 12-month P/E of 12.4X. This is shown in the chart below.
Forward 12 Month Price-to-FFO (P/FFO) Ratio
Over the last five years, the industry has traded as high as 18.9X, as low as 14.2X, with a median of 16X.
Bottom Line
In a nutshell, the REIT - Other industry is poised for growth amid economic recovery and job-market growth, favorable demographics, technological developments and lifestyle transformations. Nonetheless, delivery boom in certain asset classes in the near- to mid-term may strain rental rates and result in high concessions. Further, with persistent hikes in interest rates, companies are anticipated to witness rise in financing costs as well.
In addition to the above, REITs have extended the average maturity of their debt to longer terms, locking in previous low interest rates. This looks encouraging for their operational efficiencies, as well as for investors, since interest expense may take a smaller bite out of REITs' earnings. Consequently, dividend yields and profitability for investors are predicted to improve.
Here we present three stocks from the industry with a Zacks Rank #1 (Strong Buy) that investors may consider adding to their portfolios.
You can see the complete list of today's Zacks #1 Rank stocks here .
Headquartered in Uniondale, NY, Arbor Realty Trust, Inc. (ABR) is a REIT and direct lender that specializes in loan origination and servicing for multifamily, seniors housing, healthcare and other diverse commercial real estate assets. Arbor Realty delivered average positive surprise of 15.16% in terms of FFO per share, over the past four quarters. Moreover, the stock has seen the Zacks Consensus Estimate for 2019 FFO per share being revised 4.4% north in two months' time.
New York-based Global Net Lease, Inc. (GNL) focuses on acquisition and management of industrial and office properties leased for the long term to quality corporate tenants in select markets in the United States and Europe. It generated average positive surprise of 3.36% in terms of FFO per share. Estimate revision activities have been decent, with the first-quarter 2019 FFO per share estimate moving north 5.8% to 55 cents over the last 60 days.
Great Neck, NY-based One Liberty Properties, Inc. (OLP) is engaged in acquisition, ownership and management of a geographically diversified portfolio, comprising mainly industrial, retail, restaurant, health and fitness, and theater properties. Several of these properties are subject to long-term net leases. The stock's Zacks Consensus Estimate for 2019 FFO per share has been revised 1.4% upward to $2.17, over the last 60 days.
Note: Funds from operations (FFO) is a widely used metric to gauge the performance of REITs rather than net income as it indicates cash flow from their operations. FFO is obtained after adding depreciation and amortization to earnings and subtracting the gains on sales.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Headquartered in Uniondale, NY, Arbor Realty Trust, Inc. (ABR) is a REIT and direct lender that specializes in loan origination and servicing for multifamily, seniors housing, healthcare and other diverse commercial real estate assets. Click to get this free report One Liberty Properties, Inc. (OLP): Free Stock Analysis Report Global Net Lease, Inc. (GNL): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. However, barring short-term hiccups, this special hybrid asset class has proven time and again that rate hikes do not necessarily impact long-term returns from REIT stocks. | Click to get this free report One Liberty Properties, Inc. (OLP): Free Stock Analysis Report Global Net Lease, Inc. (GNL): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Headquartered in Uniondale, NY, Arbor Realty Trust, Inc. (ABR) is a REIT and direct lender that specializes in loan origination and servicing for multifamily, seniors housing, healthcare and other diverse commercial real estate assets. The Zacks REIT and Equity Trust - Other industry is a diversified group, comprising REIT stocks from different asset categories such as industrial, office, lodging, healthcare, self-storage, data centers and others. | Headquartered in Uniondale, NY, Arbor Realty Trust, Inc. (ABR) is a REIT and direct lender that specializes in loan origination and servicing for multifamily, seniors housing, healthcare and other diverse commercial real estate assets. Click to get this free report One Liberty Properties, Inc. (OLP): Free Stock Analysis Report Global Net Lease, Inc. (GNL): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. The Zacks REIT and Equity Trust - Other industry is a diversified group, comprising REIT stocks from different asset categories such as industrial, office, lodging, healthcare, self-storage, data centers and others. | Headquartered in Uniondale, NY, Arbor Realty Trust, Inc. (ABR) is a REIT and direct lender that specializes in loan origination and servicing for multifamily, seniors housing, healthcare and other diverse commercial real estate assets. Click to get this free report One Liberty Properties, Inc. (OLP): Free Stock Analysis Report Global Net Lease, Inc. (GNL): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Therefore, on one hand, an improving economy, job-market gains, corporate profits and tax cuts are spurring demand for several asset categories, driving occupancy levels and fueling the scope of generating future cash flows from the properties. |
30127.0 | 2019-01-02 00:00:00 UTC | The Best 9%+ Dividends for a Bearish 2019 | ABR | https://www.nasdaq.com/articles/best-9-dividends-bearish-2019-2019-01-02 | nan | nan | By Brett Owens
Thanks to the December selloff, itaEURtms relatively easy to find 9% yields. The stock market was a relentlessly receding tide in the fourth quarter, which is bad for aEURoebuy and hopeaEUR investors but quite helpful for income specialists like us.
LetaEURtms look first at real estate investment trusts (REITs). Many now pay 9% - some good, some bad. The main index Vanguard Real Estate ETF ( VNQ ) has only paid this much (4.9%) twice before in the past ten years:
VNQ Is Rarely This Generous
By cherry picking the lot we can find 49 stocks paying 9% or more. But we should avoid names like Government Properties Income Trust ( GOV ) , which frequently pops up on cute recession-proof dividend lists.
Most of the companyaEURtms income comes from government entities, so it seems like a smart way to potentially tap Uncle Sam for rent checks. However, its share price is down 66% in five years. Even with the supposedly generous payout, GOV investors have the taste of stale government cheese in their mouths.
There are a few reasons GOV has been consistently crushed. First, its stated funds from operation (FFO) have been in decline. FFO per share is 24% lower today than it was five years ago.
Second, itaEURtms likely worse, because GOV may be overstating its FFO! The firm has been accused of conveniently excluding maintenance-related capital expenditures. Can you imagine old government buildings that donaEURtmt require any maintenance?
Stay away from this sketchy situation.
Moving Beyond the Pure Landlords
When considering the 9% payers, we should look beyond the landlords collecting rent checks. These firms carry the REIT corporate structure so that they can avoid paying taxes! By doing so, they agree to dish most of their dividends to shareholders.
They are often misunderstood, hence their high payouts aEUR" and opportunities for us. For example, letaEURtms consider Arbor Realty Trust ( ABR ) , which makes loans for commercial and multifamily properties between $750,000 and $5 million. This is a niche banks donaEURtmt serve much these days.
Arbor is masterfully run by Founder and CEO Ivan Kaufman. Both an operator and shareholder, he is able to peer past Wall StreetaEURtms quarterly treadmill to made smart long-term decisions. Ivan has been able to find better business opportunities than slum-lording old government properties:
A Tale of Two 9%+ Payers
Contrarian 9%+ Opportunities in CEF-Land, Too
If youaEURtmre smart about your CEF (closed-end fund) purchases, you can diversify your portfolio and fortify your dividend stream. You can even buy these vehicles:
For 9% yields or higher,
And at discounts so that you can snare some price upside to boot!
HereaEURtms why: CEFs (unlike their ETF and mutual fund cousins) have fixed pools of shares. Meanwhile, their prices trade up and down like stocks - which means these funds can sometimes trade at a discount to the value of their underlying assets! You can literally buy a dollar for less .
And even though stocks-at-large are looking quite precarious today, this scary environment has income seekers scared of CEFs. Many of my readers have actually asked me if they should bail on our high-paying vehicles. The financial media drumbeat is in their heads, and theyaEURtmre concerned that their funds are going to keep dropping in price.
In recent years, the bad rap on bond CEFs is that they couldnaEURtmt thrive in a rising rate environment. Now, the Fed is ready to hit aEURoepauseaEUR indefinitely (traders are pricing in only a 50/50 chance of any rate hike in 2019). Yet basic investors are selling them in a liquidation panic .
Please, donaEURtmt follow this misguided herd. Instead, letaEURtms consider a couple of contrarian ideas with big upside potential.
The Kayne Anderson MLP Investment Fund ( KYN ) pays an amazing 11% today. It holds a collection of master limited partnership ( MLP ) stocks. Most MLPs will kick you a K-1 tax form around your return deadline and annoy you and your accountant, but KYN gets around this by issuing you one neat 1099 (which is not nearly as messy).
Plus, when energy is out of favor, you can buy KYN for less than the value of the stocks it holds. Today, its portfolio is selling for just 94 cents on the dollar. ThataEURtms about as cheap as youaEURtmll ever see it:
Lose the K-1 Hassle and Bank an 11% Yield (at a Discount)
Since KYNaEURtms holdings pipe energy around, it tends to trade with oil prices . A freefall the goo has sent MLPs spiraling lower. When energy prices eventually find a bottom aEUR" probably sometime in 2019 aEUR" this will be a compelling yield plus upside play.
Finally, letaEURtms give some turnaround credit to AberdeenaEURtms Asia-Pacific Income Fund (FAX) . I issued a sell recommendation for FAX in May 2018 because its NAV was heading the wrong way. Rising rates were pressuring the value of the fundaEURtms fixed-rate bond portfolio, and those bonds werenaEURtmt paying enough for FAX to pay its dividend without price appreciation help.
Fast-forward to October and the financial winds shifted. This has helped FAXaEURtms portfolio, which has actually increased in value as broader markets have unraveled. This shift is not yet reflected in the fundaEURtms price, which has drifted 18% below its NAV!
FAX Trades for82Cents on the Dollar
WeaEURtmre not buying FAX or KYN just yet, however. IaEURtmve got three more high paying plays I like even better right now with great growth potential on top of their generous current yields.
The 3 Best Bear Market Buys (with 8%+ Dividends) for 2019
With the recent market insanity youaEURtmve probably thought about dumping aEUR" or at least reducing aEUR" your stock holdings and focus on fixed-income investments as you near and enter retirement. It sounds like a smart move, but going lean on stocks leaves you open to two big risks:
That youaEURtmll outlive your savings, and
YouaEURtmll miss out on the long-term gains only the stock market can offer.
So why not blend a portfolio of 8%+ bond funds with smart stock picks that provide you with similarly high yields with upside to boot? Sure, they may aEURoesell offaEUR a bit if the markets pull back. But who cares. Like a savvy rich speculator, youaEURtmll be able to step in and buy more shares when they are cheap aEUR" without having to worry about your next capital withdrawal.
LetaEURtms take healthcare landlord Omega Healthcare Industries (OHI) . The firmaEURtms payout is usually generous, and always reliable aEUR" yet, for whatever reason, its sometimes manic price action gives investors heartburn.
But it shouldnaEURtmt. ItaEURtms actually quite predictable. Check out the chart below, and youaEURtmll notice:
When the stockaEURtms yield is high (orange line), its price is low. Investors should buy here.
When the stockaEURtms price is high (blue line), its yield is low. Investors should hold here and enjoy their dividend payments.
Investing is Easy: Buy When Yield (Orange Line) is High
Of course this simple timing strategy is much easier to employ if you donaEURtmt need stock prices to stay high to retire . Most investors who sell shares for income spend their days staring at every tick of the markets.
You can live better than this, generate more income and even enjoy more upside by employing our contrarian approach to the yield markets. We live off dividends alone. And we buy issues when they are out-of-favor (like right now) so that our payouts and upside are both maximized.
Plus 8% Dividends,Paid Monthly, Make Retirement Even Easier
And by the way, you can even use my aEURoeno withdrawalaEUR strategy to make sure youaEURtmre:
Banking 8% annual dividends,
Enjoying additional price upside, and
Getting paid monthly to boot!
If this interests you, IaEURtmd recommend starting with my all-star retirement portfolio. It contains 8 of the absolute best preferred stocks, REITs and CEFs out there.
If youaEURtmre scratching your head at these terms, youaEURtmre not alone. These are investments that you wonaEURtmt hear about on CNBC or read about in the Wall Street Journal . Which is why we have these fantastic opportunities available in this aEURoeno yieldaEUR world.
IaEURtmll explain more about them in a minute. IaEURtmll also show you why my 8% eight-pack is well diversified across all types of investments and sectors, and the cash flows funding these dividends will do well no matter what happens in the broader economy or stock market.
Plus, as I hinted, relentless dividend growth means your 8% yield will be more like 10% in short order.
IaEURtmm ready to take you inside this aEURoeno-worryaEUR retirement portfolio now.A Click here and IaEURtmll show you the 8 bargain investments inside it and give you their names, tickers, buy-under prices and much more .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | For example, letaEURtms consider Arbor Realty Trust ( ABR ) , which makes loans for commercial and multifamily properties between $750,000 and $5 million. The stock market was a relentlessly receding tide in the fourth quarter, which is bad for aEURoebuy and hopeaEUR investors but quite helpful for income specialists like us. ThataEURtms about as cheap as youaEURtmll ever see it: Lose the K-1 Hassle and Bank an 11% Yield (at a Discount) Since KYNaEURtms holdings pipe energy around, it tends to trade with oil prices . | For example, letaEURtms consider Arbor Realty Trust ( ABR ) , which makes loans for commercial and multifamily properties between $750,000 and $5 million. But we should avoid names like Government Properties Income Trust ( GOV ) , which frequently pops up on cute recession-proof dividend lists. Rising rates were pressuring the value of the fundaEURtms fixed-rate bond portfolio, and those bonds werenaEURtmt paying enough for FAX to pay its dividend without price appreciation help. | For example, letaEURtms consider Arbor Realty Trust ( ABR ) , which makes loans for commercial and multifamily properties between $750,000 and $5 million. The 3 Best Bear Market Buys (with 8%+ Dividends) for 2019 With the recent market insanity youaEURtmve probably thought about dumping aEUR" or at least reducing aEUR" your stock holdings and focus on fixed-income investments as you near and enter retirement. Investing is Easy: Buy When Yield (Orange Line) is High Of course this simple timing strategy is much easier to employ if you donaEURtmt need stock prices to stay high to retire . | For example, letaEURtms consider Arbor Realty Trust ( ABR ) , which makes loans for commercial and multifamily properties between $750,000 and $5 million. You can even buy these vehicles: For 9% yields or higher, And at discounts so that you can snare some price upside to boot! I issued a sell recommendation for FAX in May 2018 because its NAV was heading the wrong way. |
30128.0 | 2018-12-31 00:00:00 UTC | Is Arbor Realty Trust (ABR) Stock Outpacing Its Finance Peers This Year? | ABR | https://www.nasdaq.com/articles/is-arbor-realty-trust-abr-stock-outpacing-its-finance-peers-this-year-2018-12-31 | nan | nan | Investors focused on the Finance space have likely heard of Arbor Realty Trust (ABR), but is the stock performing well in comparison to the rest of its sector peers? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.
Arbor Realty Trust is a member of the Finance sector. This group includes 864 individual stocks and currently holds a Zacks Sector Rank of #8. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. ABR is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for ABR's full-year earnings has moved 2.73% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the most recent data, ABR has returned 18.52% so far this year. Meanwhile, the Finance sector has returned an average of -13.25% on a year-to-date basis. This means that Arbor Realty Trust is outperforming the sector as a whole this year.
Breaking things down more, ABR is a member of the REIT and Equity Trust - Other industry, which includes 121 individual companies and currently sits at #101 in the Zacks Industry Rank. On average, this group has lost an average of 4.50% so far this year, meaning that ABR is performing better in terms of year-to-date returns.
ABR will likely be looking to continue its solid performance, so investors interested in Finance stocks should continue to pay close attention to the company.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Investors focused on the Finance space have likely heard of Arbor Realty Trust (ABR), but is the stock performing well in comparison to the rest of its sector peers? Over the past 90 days, the Zacks Consensus Estimate for ABR's full-year earnings has moved 2.73% higher. ABR is currently sporting a Zacks Rank of #1 (Strong Buy). | Investors focused on the Finance space have likely heard of Arbor Realty Trust (ABR), but is the stock performing well in comparison to the rest of its sector peers? Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. ABR is currently sporting a Zacks Rank of #1 (Strong Buy). | Investors focused on the Finance space have likely heard of Arbor Realty Trust (ABR), but is the stock performing well in comparison to the rest of its sector peers? ABR is currently sporting a Zacks Rank of #1 (Strong Buy). Over the past 90 days, the Zacks Consensus Estimate for ABR's full-year earnings has moved 2.73% higher. | Investors focused on the Finance space have likely heard of Arbor Realty Trust (ABR), but is the stock performing well in comparison to the rest of its sector peers? Over the past 90 days, the Zacks Consensus Estimate for ABR's full-year earnings has moved 2.73% higher. ABR is currently sporting a Zacks Rank of #1 (Strong Buy). |
30129.0 | 2018-12-31 00:00:00 UTC | Arbor Realty Trust (ABR) Stock Sinks As Market Gains: What You Should Know | ABR | https://www.nasdaq.com/articles/arbor-realty-trust-abr-stock-sinks-as-market-gains%3A-what-you-should-know-2018-12-31 | nan | nan | Arbor Realty Trust (ABR) closed at $10.07 in the latest trading session, marking a -1.66% move from the prior day. This change lagged the S&P 500's daily gain of 0.85%. Meanwhile, the Dow gained 1.15%, and the Nasdaq, a tech-heavy index, added 0.77%.
Coming into today, shares of the real estate investment trust had lost 16.34% in the past month. In that same time, the Finance sector lost 9.41%, while the S&P 500 lost 9.35%.
Wall Street will be looking for positivity from ABR as it approaches its next earnings report date. This is expected to be February 22, 2019. Our most recent consensus estimate is calling for quarterly revenue of $69.20 million, up 50.27% from the year-ago period.
Any recent changes to analyst estimates for ABR should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. ABR is currently sporting a Zacks Rank of #1 (Strong Buy).
Looking at its valuation, ABR is holding a Forward P/E ratio of 8.6. This valuation marks a discount compared to its industry's average Forward P/E of 12.81.
The REIT and Equity Trust - Other industry is part of the Finance sector. This group has a Zacks Industry Rank of 101, putting it in the top 39% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arbor Realty Trust (ABR) closed at $10.07 in the latest trading session, marking a -1.66% move from the prior day. Wall Street will be looking for positivity from ABR as it approaches its next earnings report date. Any recent changes to analyst estimates for ABR should also be noted by investors. | Arbor Realty Trust (ABR) closed at $10.07 in the latest trading session, marking a -1.66% move from the prior day. Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Wall Street will be looking for positivity from ABR as it approaches its next earnings report date. | Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty Trust (ABR) closed at $10.07 in the latest trading session, marking a -1.66% move from the prior day. Wall Street will be looking for positivity from ABR as it approaches its next earnings report date. | Arbor Realty Trust (ABR) closed at $10.07 in the latest trading session, marking a -1.66% move from the prior day. Wall Street will be looking for positivity from ABR as it approaches its next earnings report date. Any recent changes to analyst estimates for ABR should also be noted by investors. |
30130.0 | 2018-12-28 00:00:00 UTC | Highlighted as Zacks Bull and Bear of the Day Lockheed Martin, Texas Roadhouse, Gaming and Leisure Properties, Americold Realty Trust and Arbor Realty Trust | ABR | https://www.nasdaq.com/articles/highlighted-as-zacks-bull-and-bear-of-the-day-lockheed-martin-texas-roadhouse-gaming-and | nan | nan | For Immediate Release
Chicago, IL - December 28, 2018 - Zacks Equity Research Lockheed Martin LMT as the Bull of the Day, Texas Roadhouse TXRH asthe Bear of the Day. In addition, Zacks Equity Research provides analysis on Gaming and Leisure Properties, Inc. GLPI , Americold Realty Trust COLD and Arbor Realty Trust ABR .
Here is a synopsis of all five stocks:
Bull of the Day :
With equity markets coming on strong after Monday's rough session, there are several names which could be today's Bull of the Day. This one happens to be in the Aerospace - Defense industry which ranks in the Top 37% of our Zacks Industry Rank. I'm talking about Zacks Rank #1 (Strong Buy) Lockheed Martin.
Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. It operates through four segments: Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS), and Space.
The reason for the favorable Zacks Rank lies in the earnings estimates for the current year and next year. Over the course of the last sixty days, analysts have increased their earnings estimates for both these time periods. The bullish sentiment has pushed up our Zacks Consensus Estimate for the current year from $17.02 to $17.51. Next year's number has gone from $18.97 to $19.49.
If you look at the Price, Consensus and EPS Surprise Chart, you can see that there's been divergence between the stock price and the earnings estimates. This divergence could lead to outperformance in Lockheed over the next several months. With price coming down as estimates go up, forward valuations are on the move lower. Currently, Lockheed is trading at 12.92x forward 12-month earnings estimates. Lockheed hasn't traded at a multiple that low since 2012.
The 52-week high of $363 is a far cry from the current price of $259.79. The 200-day moving average is all the way up at $317.93, providing plenty of topside resistance should the stock stage a serious rally. Before that, the 50-day moving average is at $296.61.
Bear of the Day :
While it may seem tempting to buy everything you can when the market bounces like it has the last couple of days, you have to maintain your discipline. By taking note of the Zacks Rank, you can stop yourself from buying story stocks without the earnings to back it up. Stocks which are Zacks Rank #4 (Sell) and Zacks Rank #5 (Strong Sell) often have earnings estimates which are going lower. Today's Bear of the Day is one of those stocks. I'm talking about restaurant stock Texas Roadhouse.
Texas Roadhouse, Inc., together with its subsidiaries, operates casual dining restaurants in the United States and internationally. The company operates and franchises Texas Roadhouse and Bubba's 33 restaurants. As of October 29, 2018, it owned and operated approximately 575 restaurants.
Texas Roadhouse is in the Restaurant industry which ranks in the Bottom 36% of our Zacks Industry Rank. It's also currently a Zacks Rank #5 (Strong Sell). The reason for the unfavorable Zacks Rank lies in the recent negative earnings estimate revisions. Over the last sixty days, ten analysts have dropped their earnings estimates for the current year and next year. The bearish sentiment has cut down the Zacks Consensus Estimate for the current year from $2.33 to $2.19 while next year's number has come from $2.66 to $2.53. The negative revisions are part of the reason why the stock has come down from over $75 in early September to the $58.73 level it closed at today.
Additional content:
3 Great REITs to Buy Right Now
The stock market's strong run over the past few years brought attention to high-flying growth stocks, usually from the technology sector, that were consistently outpacing the market. However, fresh volatility within the last few months has shifted some focus back towards other investment strategies, and now it might be time for investors to check out things like real estate investment trusts, or REITs.
REITs are companies that own, operate, or finance real estate properties that produce income, such as apartment complexes or retail locations. These companies are heavily regulated and must meet a number of qualifications to be classified as a REIT, but they do offer investors a few distinct advantages.
First of all, real estate can be a very profitable investment sector when certain economic conditions are present. What's more, REITs must pay at least 90% of their taxable income in dividends to shareholders, so they are a great option for income investors looking for steady payouts.
The presence of mortgage debt makes this a rate sensitive industry, so investors might not love some REIT choices in this rising rate environment. But many companies offset this through strong funds from operations (FFO) growth-or they stick out from the pack with large amounts of their debt already fixed at a low rate.
Luckily for Zacks readers, the proven Zacks Rank-which emphasizes earnings estimates and estimate revisions-works with REITs just as it would with any other company. We prefer to use FFO as the metric of profitability here, but the trends work the same otherwise. The strongest REITs are going to be those with improving outlooks and great Zacks Ranks.
With that said, check out the REITs that our model says are impressive options right now:
1. Gaming and Leisure Properties, Inc.
Gaming and Leisure Properties is an owner of regional casino properties leased to the likes of Boyd Gaming, Eldorado Resorts, and Penn National. All in all, the company owns 44 gaming properties. CLPI is a Zacks Rank #2 (Buy) stock and yields about 8.4% right now. Analysts expect GLPI to witness long-term annualized FFO growth of 8.7%. The valuation remains attractive at a P/E of 10.3 and PEG of 1.2, and it is a relatively low beta option.
2. Americold Realty Trust
Americold is a REIT focused on owning and operating temperature-controlled warehouses. It boasts the largest network of these sort of facilities in the world, making it a dominant force in global food distribution and retail industries. The company held an upsized IPO at $16 per share earlier this year and has trended higher since then.
COLD is sporting a Zacks Rank #2 (Buy) right now. The stock is trading at about 22.5x earnings, which is a slight premium to the average of its peers but within a reasonable range considering its industry dominance. Plus, Americold offers a dividend yield of 3.0% at current price levels. FFO growth is expected to hit roughly 9.5% in 2019, and about 63% of the company's debt is fixed rate.
3. Arbor Realty Trust
Arbor Realty is a specialized real estate finance company investing in real estate-related bridge and mezzanine loans, preferred equity, mortgage-related securities and other real estate-related assets. The company is a nice small-cap option for exposure to the U.S. mortgage market.
ABR sports a Zacks Rank #1 (Strong Buy). Analyst estimate trends have been positive, and the Zacks Consensus Estimate for the company's full-year FFO has gained three cents over the past 60 days. ABR also offers a 10.5% yield based on current prices.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>
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Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer .
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Lockheed Martin Corporation (LMT): Free Stock Analysis Report
Arbor Realty Trust (ABR): Free Stock Analysis Report
Texas Roadhouse, Inc. (TXRH): Free Stock Analysis Report
Gaming and Leisure Properties, Inc. (GLPI): Free Stock Analysis Report
Americold Realty Trust (COLD): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | In addition, Zacks Equity Research provides analysis on Gaming and Leisure Properties, Inc. GLPI , Americold Realty Trust COLD and Arbor Realty Trust ABR . ABR sports a Zacks Rank #1 (Strong Buy). ABR also offers a 10.5% yield based on current prices. | In addition, Zacks Equity Research provides analysis on Gaming and Leisure Properties, Inc. GLPI , Americold Realty Trust COLD and Arbor Realty Trust ABR . Click to get this free report Lockheed Martin Corporation (LMT): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Texas Roadhouse, Inc. (TXRH): Free Stock Analysis Report Gaming and Leisure Properties, Inc. (GLPI): Free Stock Analysis Report Americold Realty Trust (COLD): Free Stock Analysis Report To read this article on Zacks.com click here. ABR sports a Zacks Rank #1 (Strong Buy). | Click to get this free report Lockheed Martin Corporation (LMT): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Texas Roadhouse, Inc. (TXRH): Free Stock Analysis Report Gaming and Leisure Properties, Inc. (GLPI): Free Stock Analysis Report Americold Realty Trust (COLD): Free Stock Analysis Report To read this article on Zacks.com click here. In addition, Zacks Equity Research provides analysis on Gaming and Leisure Properties, Inc. GLPI , Americold Realty Trust COLD and Arbor Realty Trust ABR . ABR sports a Zacks Rank #1 (Strong Buy). | In addition, Zacks Equity Research provides analysis on Gaming and Leisure Properties, Inc. GLPI , Americold Realty Trust COLD and Arbor Realty Trust ABR . ABR sports a Zacks Rank #1 (Strong Buy). ABR also offers a 10.5% yield based on current prices. |
30131.0 | 2018-12-27 00:00:00 UTC | 3 Great REITs to Buy Right Now | ABR | https://www.nasdaq.com/articles/3-great-reits-buy-right-now-2018-12-27 | nan | nan | The stock market's strong run over the past few years brought attention to high-flying growth stocks, usually from the technology sector, that were consistently outpacing the market. However, fresh volatility within the last few months has shifted some focus back towards other investment strategies, and now it might be time for investors to check out things like real estate investment trusts, or REITs.
REITs are companies that own, operate, or finance real estate properties that produce income, such as apartment complexes or retail locations. These companies are heavily regulated and must meet a number of qualifications to be classified as a REIT, but they do offer investors a few distinct advantages.
First of all, real estate can be a very profitable investment sector when certain economic conditions are present. What's more, REITs must pay at least 90% of their taxable income in dividends to shareholders, so they are a great option for income investors looking for steady payouts.
The presence of mortgage debt makes this a rate sensitive industry, so investors might not love some REIT choices in this rising rate environment. But many companies offset this through strong funds from operations (FFO) growth-or they stick out from the pack with large amounts of their debt already fixed at a low rate.
Luckily for Zacks readers, the proven Zacks Rank-which emphasizes earnings estimates and estimate revisions-works with REITs just as it would with any other company. We prefer to use FFO as the metric of profitability here, but the trends work the same otherwise. The strongest REITs are going to be those with improving outlooks and great Zacks Ranks.
With that said, check out the REITs that our model says are impressive options right now:
1. Gaming and Leisure Properties, Inc. (GLPI)
Gaming and Leisure Properties is an owner of regional casino properties leased to the likes of Boyd Gaming, Eldorado Resorts, and Penn National. All in all, the company owns 44 gaming properties. CLPI is a Zacks Rank #2 (Buy) stock and yields about 8.4% right now. Analysts expect GLPI to witness long-term annualized FFO growth of 8.7%. The valuation remains attractive at a P/E of 10.3 and PEG of 1.2, and it is a relatively low beta option.
2. Americold Realty Trust (COLD)
Americold is a REIT focused on owning and operating temperature-controlled warehouses. It boasts the largest network of these sort of facilities in the world, making it a dominant force in global food distribution and retail industries. The company held an upsized IPO at $16 per share earlier this year and has trended higher since then.
COLD is sporting a Zacks Rank #2 (Buy) right now. The stock is trading at about 22.5x earnings, which is a slight premium to the average of its peers but within a reasonable range considering its industry dominance. Plus, Americold offers a dividend yield of 3.0% at current price levels. FFO growth is expected to hit roughly 9.5% in 2019, and about 63% of the company's debt is fixed rate.
3. Arbor Realty Trust (ABR)
Arbor Realty is a specialized real estate finance company investing in real estate-related bridge and mezzanine loans, preferred equity, mortgage-related securities and other real estate-related assets. The company is a nice small-cap option for exposure to the U.S. mortgage market.
ABR sports a Zacks Rank #1 (Strong Buy). Analyst estimate trends have been positive, and the Zacks Consensus Estimate for the company's full-year FFO has gained three cents over the past 60 days. ABR also offers a 10.5% yield based on current prices.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Arbor Realty Trust (ABR): Free Stock Analysis Report
Gaming and Leisure Properties, Inc. (GLPI): Free Stock Analysis Report
Americold Realty Trust (COLD): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arbor Realty Trust (ABR) Arbor Realty is a specialized real estate finance company investing in real estate-related bridge and mezzanine loans, preferred equity, mortgage-related securities and other real estate-related assets. ABR sports a Zacks Rank #1 (Strong Buy). ABR also offers a 10.5% yield based on current prices. | Arbor Realty Trust (ABR) Arbor Realty is a specialized real estate finance company investing in real estate-related bridge and mezzanine loans, preferred equity, mortgage-related securities and other real estate-related assets. Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Gaming and Leisure Properties, Inc. (GLPI): Free Stock Analysis Report Americold Realty Trust (COLD): Free Stock Analysis Report To read this article on Zacks.com click here. ABR sports a Zacks Rank #1 (Strong Buy). | Arbor Realty Trust (ABR) Arbor Realty is a specialized real estate finance company investing in real estate-related bridge and mezzanine loans, preferred equity, mortgage-related securities and other real estate-related assets. Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Gaming and Leisure Properties, Inc. (GLPI): Free Stock Analysis Report Americold Realty Trust (COLD): Free Stock Analysis Report To read this article on Zacks.com click here. ABR sports a Zacks Rank #1 (Strong Buy). | Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Gaming and Leisure Properties, Inc. (GLPI): Free Stock Analysis Report Americold Realty Trust (COLD): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty Trust (ABR) Arbor Realty is a specialized real estate finance company investing in real estate-related bridge and mezzanine loans, preferred equity, mortgage-related securities and other real estate-related assets. ABR sports a Zacks Rank #1 (Strong Buy). |
30132.0 | 2018-12-26 00:00:00 UTC | The Zacks Analyst Blog Highlights: CrossAmerica Partners, Arbor Realty Trust, Prospect Capital, Plymouth Industrial REIT and Global Net Lease | ABR | https://www.nasdaq.com/articles/the-zacks-analyst-blog-highlights%3A-crossamerica-partners-arbor-realty-trust-prospect | nan | nan | For Immediate Release
Chicago, IL - December 26, 2018 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: CrossAmerica Partners LP CAPL , Arbor Realty Trust Inc. ABR , Prospect Capital Corp. PSEC , Plymouth Industrial REIT Inc. PLYM and Global Net Lease Inc. GNL .
Here are highlights from Monday's Analyst Blog:
Buy 5 High-Yielding Stocks to Counter Stock Market Slide
Wall Street is likely to witness its worst ever December since the Great Depression of 1931. The recent market skepticism regarding the future growth potential of U.S. stocks have been fueled by a plethora of factors - the recent rate hike and Fed's tight monetary policy, fear of partial government shutdown, conflicting news related to trade war between the United States and China and concerns of a global economic slowdown.
At this juncture, investment in high-dividend paying stocks, over a reasonable time period, is likely to bring good returns, especially when the market is plagued with severe volatility. Consequently, it would be a prudent investment decision to bank on stocks with a favorable Zacks Rank promising strong dividend yield in a bid to capitalize on future growth.
Fed's Tight Monetary Stance
On Dec 19, the Fed raised benchmark lending target rate by 0.25% to the range of 2.25-2.50%. This was the fourth rate hike by the central bank in 2018. Investors are now concerned regarding two more rate hikes in 2019 and continuation of Quantitative Tightening through which the central bank is reducing the size of its balance sheet by $50 billion each month by redeeming government debts and mortgage bonds.
This implies that a massive $600 billion will not be invested in sovereign bonds in 2019. This will significantly reduce demand for U.S. government bonds, resulting in lower bond price and higher yields. Consequently, interest rate will go up in the long term.
Concerns Over Partial Government Shutdown
On Dec 21, President Donald Trump tweeted that if the U.S. Congress does not approve $5 billion or more for the construction of a wall or "steel slats" at the United States - Mexico border, then it is likely to escalate to long-term partial shutdown of the U.S. government.
Notably, on Dec 18, Senate Majority Lead Mitch McConnell said that a proposed short-term government funding plan worth $5 billion border security fencing was rejected by Democrat representatives. Notably, Trump needs Democrat support in Senate to pass the bill.
Consequently, partial government shutdown commenced since mid-night Dec 21. With both President Trump and Democrats resolutely standing their ground, remain resolutely opposed, the ongoing shutdown is likely to persist.
Conflicting News on US-China Trade War
On Dec 21, Peter Navarro, President Trump's trade adviser said that it is highly unlikely that the United States and China will arrive at a permanent economic agreement during the 90-day ceasefire period agreed by both sides.
However, on Dec 19, Treasury Secretary Steven Mnuchin said that the United States and China will meet in January 2019 to seek an amicable solution to its long running trade war. Munchin further added, the two sides are engaged in telephonic conversation and a face-to-face meeting is around the corner. Chinese officials also confirmed Munchin's statement.
Our Top Picks
At this juncture, it will be lucrative to invest in high-yielding stocks in order to ensure a steady income stream. We narrowed down our search to five such stocks with a Zacks Rank #1 (Strong Buy) and high-dividend yield. You can see the complete list of today's Zacks #1 Rank stocks here .
The chart below depicts price performance of our five picks in the last three months.
CrossAmerica Partners LP engages in the wholesale distribution of motor fuels, and ownership and leasing of real estate used in the retail distribution of motor fuels in the United States. It has a dividend yield of 15.4%. The company has expected earnings growth of 125% for current year. The Zacks Consensus Estimate for the current year has improved by 109.1% over the last 60 days.
Arbor Realty Trust Inc. is a specialized real estate finance company which invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. It has a dividend yield of 10.8%. The company has expected earnings growth of 14.4% for current year. The Zacks Consensus Estimate for the current year has improved by 2.6% over the last 60 days.
Prospect Capital Corp. is a specialized real estate finance company which invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. It has a dividend yield of 12.4%. The company has expected earnings growth of 20.3% for current year. The Zacks Consensus Estimate for the current year has improved by 11.8% over the last 60 days.
Plymouth Industrial REIT Inc. is a full service, vertically integrated real estate investment company across the United States. It has a dividend yield of 11.9%. The company has expected earnings growth of 218.4% for current year. The Zacks Consensus Estimate for the current year has improved by 4.3% over the last 60 days.
Global Net Lease Inc. is a real estate investment trust which focused on sale-leaseback properties primarily in the United States and Europe. It has a dividend yield of 12.1%. The company has expected earnings growth of 7% for current year. The Zacks Consensus Estimate for the current year has improved by 4.4% over the last 60 days.
In addition to the stocks discussed above, would you like to know about our 10 top tickers to buy and hold for the entirety of 2019?
These 10 are painstakingly handpicked from over 4,000 companies covered by the Zacks Rank. They are our primary picks poised to outperform in the year ahead. Be among the first to see the new Zacks Top 10 Stocks >>
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss . This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Prospect Capital Corporation (PSEC): Free Stock Analysis Report
CrossAmerica Partners LP (CAPL): Free Stock Analysis Report
Arbor Realty Trust (ABR): Free Stock Analysis Report
Global Net Lease, Inc. (GNL): Free Stock Analysis Report
PLYMOUTH IND RE (PLYM): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Stocks recently featured in the blog include: CrossAmerica Partners LP CAPL , Arbor Realty Trust Inc. ABR , Prospect Capital Corp. PSEC , Plymouth Industrial REIT Inc. PLYM and Global Net Lease Inc. GNL . Click to get this free report Prospect Capital Corporation (PSEC): Free Stock Analysis Report CrossAmerica Partners LP (CAPL): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Global Net Lease, Inc. (GNL): Free Stock Analysis Report PLYMOUTH IND RE (PLYM): Free Stock Analysis Report To read this article on Zacks.com click here. Investors are now concerned regarding two more rate hikes in 2019 and continuation of Quantitative Tightening through which the central bank is reducing the size of its balance sheet by $50 billion each month by redeeming government debts and mortgage bonds. | Stocks recently featured in the blog include: CrossAmerica Partners LP CAPL , Arbor Realty Trust Inc. ABR , Prospect Capital Corp. PSEC , Plymouth Industrial REIT Inc. PLYM and Global Net Lease Inc. GNL . Click to get this free report Prospect Capital Corporation (PSEC): Free Stock Analysis Report CrossAmerica Partners LP (CAPL): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Global Net Lease, Inc. (GNL): Free Stock Analysis Report PLYMOUTH IND RE (PLYM): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty Trust Inc. is a specialized real estate finance company which invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. | Click to get this free report Prospect Capital Corporation (PSEC): Free Stock Analysis Report CrossAmerica Partners LP (CAPL): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Global Net Lease, Inc. (GNL): Free Stock Analysis Report PLYMOUTH IND RE (PLYM): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks recently featured in the blog include: CrossAmerica Partners LP CAPL , Arbor Realty Trust Inc. ABR , Prospect Capital Corp. PSEC , Plymouth Industrial REIT Inc. PLYM and Global Net Lease Inc. GNL . The recent market skepticism regarding the future growth potential of U.S. stocks have been fueled by a plethora of factors - the recent rate hike and Fed's tight monetary policy, fear of partial government shutdown, conflicting news related to trade war between the United States and China and concerns of a global economic slowdown. | Stocks recently featured in the blog include: CrossAmerica Partners LP CAPL , Arbor Realty Trust Inc. ABR , Prospect Capital Corp. PSEC , Plymouth Industrial REIT Inc. PLYM and Global Net Lease Inc. GNL . Click to get this free report Prospect Capital Corporation (PSEC): Free Stock Analysis Report CrossAmerica Partners LP (CAPL): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Global Net Lease, Inc. (GNL): Free Stock Analysis Report PLYMOUTH IND RE (PLYM): Free Stock Analysis Report To read this article on Zacks.com click here. The recent market skepticism regarding the future growth potential of U.S. stocks have been fueled by a plethora of factors - the recent rate hike and Fed's tight monetary policy, fear of partial government shutdown, conflicting news related to trade war between the United States and China and concerns of a global economic slowdown. |
30133.0 | 2018-12-26 00:00:00 UTC | Arbor Realty Trust (ABR) Ex-Dividend Date Scheduled for December 27, 2018 | ABR | https://www.nasdaq.com/articles/arbor-realty-trust-abr-ex-dividend-date-scheduled-december-27-2018-2018-12-26 | nan | nan | Arbor Realty Trust ( ABR ) will begin trading ex-dividend on December 27, 2018. A cash dividend payment of $0.15 per share is scheduled to be paid on January 31, 2019. Shareholders who purchased ABR prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $9.78, the dividend yield is 18.4%.
The previous trading day's last sale of ABR was $9.78, representing a -23.53% decrease from the 52 week high of $12.79 and a 23.95% increase over the 52 week low of $7.89.
ABR is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). ABR's current earnings per share, an indicator of a company's profitability, is $1.38. Zacks Investment Research reports ABR's forecasted earnings growth in 2018 as 8.65%, compared to an industry average of .6%.
For more information on the declaration, record and payment dates, visit the ABR Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to ABR through an Exchange Traded Fund [ETF]?
The following ETF(s) have ABR as a top-10 holding:
First Trust DJ Select MicroCap ETF ( FDM )
Xtrackers Russell 2000 Comprehensive Factor ETF ( DESC )
GraniteShares HIPS US High Income ETF ( HIPS ).
The top-performing ETF of this group is HIPS with an decrease of -18.87% over the last 100 days. FDM has the highest percent weighting of ABR at 1.02%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Shareholders who purchased ABR prior to the ex-dividend date are eligible for the cash dividend payment. ABR is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). Zacks Investment Research reports ABR's forecasted earnings growth in 2018 as 8.65%, compared to an industry average of .6%. | ABR's current earnings per share, an indicator of a company's profitability, is $1.38. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Arbor Realty Trust ( ABR ) will begin trading ex-dividend on December 27, 2018. | Shareholders who purchased ABR prior to the ex-dividend date are eligible for the cash dividend payment. For more information on the declaration, record and payment dates, visit the ABR Dividend History page. The following ETF(s) have ABR as a top-10 holding: First Trust DJ Select MicroCap ETF ( FDM ) Xtrackers Russell 2000 Comprehensive Factor ETF ( DESC ) GraniteShares HIPS US High Income ETF ( HIPS ). | Shareholders who purchased ABR prior to the ex-dividend date are eligible for the cash dividend payment. ABR's current earnings per share, an indicator of a company's profitability, is $1.38. The following ETF(s) have ABR as a top-10 holding: First Trust DJ Select MicroCap ETF ( FDM ) Xtrackers Russell 2000 Comprehensive Factor ETF ( DESC ) GraniteShares HIPS US High Income ETF ( HIPS ). |
30134.0 | 2018-12-24 00:00:00 UTC | Buy 5 High Yielding Stocks to Counter Stock Market Slide | ABR | https://www.nasdaq.com/articles/buy-5-high-yielding-stocks-counter-stock-market-slide-2018-12-24 | nan | nan | Wall Street is likely to witness its worst ever December since the Great Depression of 1931. The recent market skepticism regarding the future growth potential of U.S. stocks have been fueled by a plethora of factors - the recent rate hike and Fed's tight monetary policy, fear of partial government shutdown, conflicting news related to trade war between the United States and China and concerns of a global economic slowdown.
At this juncture, investment in high-dividend paying stocks, over a reasonable time period, is likely to bring good returns, especially when the market is plagued with severe volatility. Consequently, it would be a prudent investment decision to bank on stocks with a favorable Zacks Rank promising strong dividend yield in a bid to capitalize on future growth.
Fed's Tight Monetary Stance
On Dec 19, the Fed raised benchmark lending target rate by 0.25% to the range of 2.25-2.50%. This was the fourth rate hike by the central bank in 2018. Investors are now concerned regarding two more rate hikes in 2019 and continuation of Quantitative Tightening through which the central bank is reducing the size of its balance sheet by $50 billion each month by redeeming government debts and mortgage bonds.
This implies that a massive $600 billion will not be invested in sovereign bonds in 2019. This will significantly reduce demand for U.S. government bonds, resulting in lower bond price and higher yields. Consequently, interest rate will go up in the long term.
Concerns Over Partial Government Shutdown
On Dec 21, President Donald Trump tweeted that if the U.S. Congress does not approve $5 billion or more for the construction of a wall or "steel slats" at the United States - Mexico border, then it is likely to escalate to long-term partial shutdown of the U.S. government.
Notably, on Dec 18, Senate Majority Lead Mitch McConnell said that a proposed short-term government funding plan worth $5 billion border security fencing was rejected by Democrat representatives. Notably, Trump needs Democrat support in Senate to pass the bill.
Consequently, partial government shutdown commenced since mid-night Dec 21. With both President Trump and Democrats resolutely standing their ground, remain resolutely opposed, the ongoing shutdown is likely to persist.
Conflicting News on US-China Trade War
On Dec 21, Peter Navarro, President Trump's trade adviser said that it is highly unlikely that the United States and China will arrive at a permanent economic agreement during the 90-day ceasefire period agreed by both sides.
However, on Dec 19, Treasury Secretary Steven Mnuchin said that the United States and China will meet in January 2019 to seek an amicable solution to its long running trade war. Munchin further added, the two sides are engaged in telephonic conversation and a face-to-face meeting is around the corner. Chinese officials also confirmed Munchin's statement.
Our Top Picks
At this juncture, it will be lucrative to invest in high-yielding stocks in order to ensure a steady income stream. We narrowed down our search to five such stocks with a Zacks Rank #1 (Strong Buy) and high-dividend yield. You can see the complete list of today's Zacks #1 Rank stocks here .
The chart below depicts price performance of our five picks in the last three months.
CrossAmerica Partners LPCAPL engages in the wholesale distribution of motor fuels, and ownership and leasing of real estate used in the retail distribution of motor fuels in the United States. It has a dividend yield of 15.4%. The company has expected earnings growth of 125% for current year. The Zacks Consensus Estimate for the current year has improved by 109.1% over the last 60 days.
Arbor Realty Trust Inc.ABR is a specialized real estate finance company which invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. It has a dividend yield of 10.8%. The company has expected earnings growth of 14.4% for current year. The Zacks Consensus Estimate for the current year has improved by 2.6% over the last 60 days.
Prospect Capital Corp.PSEC is a specialized real estate finance company which invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. It has a dividend yield of 12.4%. The company has expected earnings growth of 20.3% for current year. The Zacks Consensus Estimate for the current year has improved by 11.8% over the last 60 days.
Plymouth Industrial REIT Inc.PLYM is a full service, vertically integrated real estate investment company across the United States. It has a dividend yield of 11.9%. The company has expected earnings growth of 218.4% for current year. The Zacks Consensus Estimate for the current year has improved by 4.3% over the last 60 days.
Global Net Lease Inc.GNL is a real estate investment trust which focused on sale-leaseback properties primarily in the United States and Europe. It has a dividend yield of 12.1%. The company has expected earnings growth of 7% for current year. The Zacks Consensus Estimate for the current year has improved by 4.4% over the last 60 days.
In addition to the stocks discussed above, would you like to know about our 10 top tickers to buy and hold for the entirety of 2019?
These 10 are painstakingly handpicked from over 4,000 companies covered by the Zacks Rank. They are our primary picks poised to outperform in the year ahead. Be among the first to see the new Zacks Top 10 Stocks >>
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arbor Realty Trust Inc.ABR is a specialized real estate finance company which invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. Click to get this free report Prospect Capital Corporation (PSEC): Free Stock Analysis Report CrossAmerica Partners LP (CAPL): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Global Net Lease, Inc. (GNL): Free Stock Analysis Report PLYMOUTH IND RE (PLYM): Free Stock Analysis Report To read this article on Zacks.com click here. Investors are now concerned regarding two more rate hikes in 2019 and continuation of Quantitative Tightening through which the central bank is reducing the size of its balance sheet by $50 billion each month by redeeming government debts and mortgage bonds. | Arbor Realty Trust Inc.ABR is a specialized real estate finance company which invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. Click to get this free report Prospect Capital Corporation (PSEC): Free Stock Analysis Report CrossAmerica Partners LP (CAPL): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Global Net Lease, Inc. (GNL): Free Stock Analysis Report PLYMOUTH IND RE (PLYM): Free Stock Analysis Report To read this article on Zacks.com click here. Prospect Capital Corp.PSEC is a specialized real estate finance company which invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. | Click to get this free report Prospect Capital Corporation (PSEC): Free Stock Analysis Report CrossAmerica Partners LP (CAPL): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Global Net Lease, Inc. (GNL): Free Stock Analysis Report PLYMOUTH IND RE (PLYM): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty Trust Inc.ABR is a specialized real estate finance company which invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. The recent market skepticism regarding the future growth potential of U.S. stocks have been fueled by a plethora of factors - the recent rate hike and Fed's tight monetary policy, fear of partial government shutdown, conflicting news related to trade war between the United States and China and concerns of a global economic slowdown. | Arbor Realty Trust Inc.ABR is a specialized real estate finance company which invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. Click to get this free report Prospect Capital Corporation (PSEC): Free Stock Analysis Report CrossAmerica Partners LP (CAPL): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Global Net Lease, Inc. (GNL): Free Stock Analysis Report PLYMOUTH IND RE (PLYM): Free Stock Analysis Report To read this article on Zacks.com click here. The recent market skepticism regarding the future growth potential of U.S. stocks have been fueled by a plethora of factors - the recent rate hike and Fed's tight monetary policy, fear of partial government shutdown, conflicting news related to trade war between the United States and China and concerns of a global economic slowdown. |
30135.0 | 2018-12-24 00:00:00 UTC | 4 REITs Poised to Continue Their Winning Streaks in 2019 | ABR | https://www.nasdaq.com/articles/4-reits-poised-continue-their-winning-streaks-2019-2018-12-24 | nan | nan | Improving economy, better job market environment and corporate tax cuts have instilled confidence among consumers of their well-being and promoted healthy capital investments in the first half of the year, helping equity markets in the United States to excel. REITs too managed to pull off a decent performance with occasional hiccups, and the FTSE NAREIT All REITs Index gained 3.93% in the first 11 months of 2018, as growth in the economy translated into greater demand for real estate and higher occupancy levels.
However, Wall Street has been plagued with adversities, this month, and the broader markets' initial gains were wiped out amid volatility in oil prices , trade war tensions, tariff impositions on a number of foreign countries, as well as the weakening global economy.
The Fed's recent rate hike announcement, the fourth time in 2018, only acted as another challenge. Though the move reasserted Fed's position as an independent institution defying President Trump's recurrent jibes and dashing hopes of investors, it also sparked volatility as the central bank projected another two hikes next year when markets and the economy face multiple headwinds. Also, the Fed lowered its economic forecasts for the next couple of years.
Amid all these, the fear-gauge CBOE Volatility Index (VIX) flared up 17.7% over the past two days to settle at 30.11 on Friday and this swing is expected to continue in the days to come. While market volatility is unavoidable, for an investor, weathering this instability is of prime importance. Rather than distancing oneself from the market or waiting on the sidelines, braving this market volatility would indeed be a smart move. This might appear as a daunting task initially, but an apt strategy would be to resort to income investing.
Speaking on income investing, the dividend aspect of a stock is crucial. Dividends are by far the biggest enticement to invest in REIT stocks because these offer stable income with a good inflation upside shield. In fact, as of Nov 30, 2018, the dividend yield of the FTSE NAREIT All REITs Index was 4.31%, which clearly outpaced the 2.05% dividend yield offered by the S&P 500 as of that date. Over long periods too, REITs have outperformed the broader indexes with respect to dividend yields.
Then also, the chosen stocks must be consistent performers. This is because the long-term value of a company is not affected by short-term instability. And with economic indicators still holding strong and market dynamics of individual asset categories playing a pivotal role in REITs' operating performance, there are scopes to excel. Also, REITs have reduced their exposure to rate hikes and opportunistically used the low-rate environment to make their financials more flexible, which is encouraging down the line for operational efficiencies.
So, here we have handpicked five REITs that have outpaced the S&P 500 index, year to date and are poised to continue their winning streaks in 2019. Aside from having solid fundamentals and a decent dividend yield, these REITs hold a favorable Zacks Rank, which indicates high chances of market outperformance over the next 1-3 months. These stocks are witnessing estimate revisions too reflecting analysts' positive view on these stocks.
Headquartered in Uniondale, NY, Arbor Realty Trust, Inc.ABR is a REIT and direct lender that specializes in loan origination and servicing for multifamily, seniors housing, healthcare and other diverse commercial real estate assets. Arbor Realty has a Zacks Rank of 1 (Strong Buy) and a dividend yield of 10.84%. Shares of Arbor Realty have gained 15.3%, as against the S&P's decline of 9.6%, in the year so far. In addition, the stock has seen the Zacks Consensus Estimate for 2019 funds from operations (FFO) per share being revised 4.4% north in two months' time.
Located in Buffalo, NY, Life Storage, Inc.LSI is a self-administered and self-managed equity REIT that is in the business of acquiring and managing self-storage facilities. Notably, the self-storage asset category is basically need-based and recession-resilient in nature. Additionally, the self-storage industry is likely to continue experiencing solid demand, backed by favorable demographic changes. Further, the stock has a dividend yield of 4.19%. In the year-to-date period, this Zacks #2 Ranked stock has outperformed the S&P index, gaining 7.2%. Moreover, the Zacks Consensus Estimate for 2019 FFO per share moved 1.4% north over the last 60 days.
You can see the complete list of today's Zacks #1 Rank stocks here .
Chicago, IL-based residential REIT Equity ResidentialEQR is focused on the acquisition, development and management of high quality apartment properties in top U.S. growth markets. The company is poised for growth amid economic recovery and job-market growth, favorable demographics, lifestyle transformation, and creation of households. Moreover, the stock has a dividend yield of 3.21%. In the year-to-date period, this Zacks #2 Ranked stock has outperformed the S&P index, gaining 5.4%. Moreover, the stock's FFO per share estimate for 2019 moved 1.2% north over the last 60 days.
Glendale, CA-based PS Business Parks Inc.PSB is into ownership, acquisition, development and operation of commercial real estate properties, especially multi-tenant industrial, flex and office space. The company is poised to excel as the industrial real estate market is witnessing improving fundamentals amid growth of e-commerce business and supply-chain strategy transformations. It carries a Zacks Rank of 2 and has a dividend yield of 3.17%. Also, for 2019, PS Business Parks' Zacks Consensus Estimate for FFO per share has inched up 0.8% to $6.58 in the past two months. Year to date, the stock has gained 6.0%.
Note: Anything related to earnings presented in this write-up represent funds from operations (FFO) - a widely used metric to gauge the performance of REITs.
In addition to the stocks discussed above, would you like to know about our 10 top tickers to buy and hold for the entirety of 2019?
These 10 are painstakingly handpicked from over 4,000 companies covered by the Zacks Rank. They are our primary picks poised to outperform in the year ahead. Be among the first to see the new Zacks Top 10 Stocks >>
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Headquartered in Uniondale, NY, Arbor Realty Trust, Inc.ABR is a REIT and direct lender that specializes in loan origination and servicing for multifamily, seniors housing, healthcare and other diverse commercial real estate assets. Click to get this free report Life Storage, Inc. (LSI): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Equity Residential (EQR): Free Stock Analysis Report PS Business Parks, Inc. (PSB): Free Stock Analysis Report To read this article on Zacks.com click here. However, Wall Street has been plagued with adversities, this month, and the broader markets' initial gains were wiped out amid volatility in oil prices , trade war tensions, tariff impositions on a number of foreign countries, as well as the weakening global economy. | Click to get this free report Life Storage, Inc. (LSI): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Equity Residential (EQR): Free Stock Analysis Report PS Business Parks, Inc. (PSB): Free Stock Analysis Report To read this article on Zacks.com click here. Headquartered in Uniondale, NY, Arbor Realty Trust, Inc.ABR is a REIT and direct lender that specializes in loan origination and servicing for multifamily, seniors housing, healthcare and other diverse commercial real estate assets. Aside from having solid fundamentals and a decent dividend yield, these REITs hold a favorable Zacks Rank, which indicates high chances of market outperformance over the next 1-3 months. | Click to get this free report Life Storage, Inc. (LSI): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Equity Residential (EQR): Free Stock Analysis Report PS Business Parks, Inc. (PSB): Free Stock Analysis Report To read this article on Zacks.com click here. Headquartered in Uniondale, NY, Arbor Realty Trust, Inc.ABR is a REIT and direct lender that specializes in loan origination and servicing for multifamily, seniors housing, healthcare and other diverse commercial real estate assets. REITs too managed to pull off a decent performance with occasional hiccups, and the FTSE NAREIT All REITs Index gained 3.93% in the first 11 months of 2018, as growth in the economy translated into greater demand for real estate and higher occupancy levels. | Headquartered in Uniondale, NY, Arbor Realty Trust, Inc.ABR is a REIT and direct lender that specializes in loan origination and servicing for multifamily, seniors housing, healthcare and other diverse commercial real estate assets. Click to get this free report Life Storage, Inc. (LSI): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Equity Residential (EQR): Free Stock Analysis Report PS Business Parks, Inc. (PSB): Free Stock Analysis Report To read this article on Zacks.com click here. Aside from having solid fundamentals and a decent dividend yield, these REITs hold a favorable Zacks Rank, which indicates high chances of market outperformance over the next 1-3 months. |
30136.0 | 2018-12-21 00:00:00 UTC | Arbor Realty Trust (ABR) Stock Moves -1.39%: What You Should Know | ABR | https://www.nasdaq.com/articles/arbor-realty-trust-abr-stock-moves-1.39%3A-what-you-should-know-2018-12-21 | nan | nan | In the latest trading session, Arbor Realty Trust (ABR) closed at $9.96, marking a -1.39% move from the previous day. This change was narrower than the S&P 500's 2.06% loss on the day. Elsewhere, the Dow lost 1.81%, while the tech-heavy Nasdaq lost 2.99%.
Prior to today's trading, shares of the real estate investment trust had lost 14.98% over the past month. This has lagged the Finance sector's loss of 7.42% and the S&P 500's loss of 6.47% in that time.
Wall Street will be looking for positivity from ABR as it approaches its next earnings report date. This is expected to be February 22, 2019. The company is expected to report EPS of $0.27, up 8% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $69.20 million, up 50.27% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $1.19 per share and revenue of $247.60 million, which would represent changes of +14.42% and +58.54%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for ABR. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. ABR is currently a Zacks Rank #1 (Strong Buy).
Digging into valuation, ABR currently has a Forward P/E ratio of 8.49. This valuation marks a discount compared to its industry's average Forward P/E of 13.54.
The REIT and Equity Trust - Other industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 106, which puts it in the top 41% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow ABR in the coming trading sessions, be sure to utilize Zacks.com.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | In the latest trading session, Arbor Realty Trust (ABR) closed at $9.96, marking a -1.39% move from the previous day. Wall Street will be looking for positivity from ABR as it approaches its next earnings report date. Investors should also note any recent changes to analyst estimates for ABR. | In the latest trading session, Arbor Realty Trust (ABR) closed at $9.96, marking a -1.39% move from the previous day. Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Wall Street will be looking for positivity from ABR as it approaches its next earnings report date. | Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. In the latest trading session, Arbor Realty Trust (ABR) closed at $9.96, marking a -1.39% move from the previous day. Wall Street will be looking for positivity from ABR as it approaches its next earnings report date. | In the latest trading session, Arbor Realty Trust (ABR) closed at $9.96, marking a -1.39% move from the previous day. Wall Street will be looking for positivity from ABR as it approaches its next earnings report date. Investors should also note any recent changes to analyst estimates for ABR. |
30137.0 | 2018-12-19 00:00:00 UTC | CorePoint Lodging (CPLG) in Focus: Stock Moves 5% Higher | ABR | https://www.nasdaq.com/articles/corepoint-lodging-cplg-in-focus%3A-stock-moves-5-higher-2018-12-19 | nan | nan | CorePoint Lodging Inc.CPLG was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company-as the stock is now down 14.6% in the past one-month time frame.
The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
CorePoint Lodging currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
CorePoint Lodging Inc. Price
CorePoint Lodging Inc. Price | CorePoint Lodging Inc. Quote
A better-ranked stock in the REIT and Equity Trust - Other industry is Arbor Realty Trust, Inc. ABR which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Is CPLG going up? Or down? Predict to see what others think: Up or Down
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | CorePoint Lodging Inc. Price CorePoint Lodging Inc. Price | CorePoint Lodging Inc. Quote A better-ranked stock in the REIT and Equity Trust - Other industry is Arbor Realty Trust, Inc. ABR which currently carries a Zacks Rank #1 (Strong Buy). Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report COREPOINT LODGE (CPLG): Free Stock Analysis Report To read this article on Zacks.com click here. CorePoint Lodging Inc.CPLG was a big mover last session, as the company saw its shares rise more than 5% on the day. | CorePoint Lodging Inc. Price CorePoint Lodging Inc. Price | CorePoint Lodging Inc. Quote A better-ranked stock in the REIT and Equity Trust - Other industry is Arbor Realty Trust, Inc. ABR which currently carries a Zacks Rank #1 (Strong Buy). Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report COREPOINT LODGE (CPLG): Free Stock Analysis Report To read this article on Zacks.com click here. You can see the complete list of today's Zacks #1 Rank stocks here . | CorePoint Lodging Inc. Price CorePoint Lodging Inc. Price | CorePoint Lodging Inc. Quote A better-ranked stock in the REIT and Equity Trust - Other industry is Arbor Realty Trust, Inc. ABR which currently carries a Zacks Rank #1 (Strong Buy). Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report COREPOINT LODGE (CPLG): Free Stock Analysis Report To read this article on Zacks.com click here. Predict to see what others think: Up or Down Wall Street's Next Amazon Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. | Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report COREPOINT LODGE (CPLG): Free Stock Analysis Report To read this article on Zacks.com click here. CorePoint Lodging Inc. Price CorePoint Lodging Inc. Price | CorePoint Lodging Inc. Quote A better-ranked stock in the REIT and Equity Trust - Other industry is Arbor Realty Trust, Inc. ABR which currently carries a Zacks Rank #1 (Strong Buy). CorePoint Lodging Inc.CPLG was a big mover last session, as the company saw its shares rise more than 5% on the day. |
30138.0 | 2018-12-14 00:00:00 UTC | Is Arbor Realty Trust (ABR) Stock Outpacing Its Finance Peers This Year? | ABR | https://www.nasdaq.com/articles/is-arbor-realty-trust-abr-stock-outpacing-its-finance-peers-this-year-2018-12-14 | nan | nan | Investors focused on the Finance space have likely heard of Arbor Realty Trust (ABR), but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.
Arbor Realty Trust is one of 865 individual stocks in the Finance sector. Collectively, these companies sit at #7 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. ABR is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for ABR's full-year earnings has moved 2.73% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, ABR has returned 33.22% so far this year. At the same time, Finance stocks have lost an average of 9.90%. This shows that Arbor Realty Trust is outperforming its peers so far this year.
To break things down more, ABR belongs to the REIT and Equity Trust - Other industry, a group that includes 121 individual companies and currently sits at #108 in the Zacks Industry Rank. This group has gained an average of 1.22% so far this year, so ABR is performing better in this area.
ABR will likely be looking to continue its solid performance, so investors interested in Finance stocks should continue to pay close attention to the company.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Investors focused on the Finance space have likely heard of Arbor Realty Trust (ABR), but is the stock performing well in comparison to the rest of its sector peers? ABR is currently sporting a Zacks Rank of #1 (Strong Buy). Within the past quarter, the Zacks Consensus Estimate for ABR's full-year earnings has moved 2.73% higher. | To break things down more, ABR belongs to the REIT and Equity Trust - Other industry, a group that includes 121 individual companies and currently sits at #108 in the Zacks Industry Rank. Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Investors focused on the Finance space have likely heard of Arbor Realty Trust (ABR), but is the stock performing well in comparison to the rest of its sector peers? | Investors focused on the Finance space have likely heard of Arbor Realty Trust (ABR), but is the stock performing well in comparison to the rest of its sector peers? ABR is currently sporting a Zacks Rank of #1 (Strong Buy). Within the past quarter, the Zacks Consensus Estimate for ABR's full-year earnings has moved 2.73% higher. | This group has gained an average of 1.22% so far this year, so ABR is performing better in this area. Investors focused on the Finance space have likely heard of Arbor Realty Trust (ABR), but is the stock performing well in comparison to the rest of its sector peers? ABR is currently sporting a Zacks Rank of #1 (Strong Buy). |
30139.0 | 2018-12-14 00:00:00 UTC | Aflac (AFL) Looks Good: Stock Adds 6.6% in Session | ABR | https://www.nasdaq.com/articles/aflac-afl-looks-good%3A-stock-adds-6.6-in-session-2018-12-14 | nan | nan | Aflac IncorporatedAFL was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $42.64 -$46.07 in the past one-month time frame, witnessed a sharp increase yesterday.
The company has seen a mixed track record when it comes to estimate revisions of one increase and one decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Aflac currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Aflac Incorporated Price
Aflac Incorporated Price | Aflac Incorporated Quote
A better-ranked stock in the Finance sector is Arbor Realty Trust, Inc. ABR , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Is AFL going up? Or down? Predict to see what others think: Up or Down
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Aflac Incorporated (AFL): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Aflac Incorporated Price Aflac Incorporated Price | Aflac Incorporated Quote A better-ranked stock in the Finance sector is Arbor Realty Trust, Inc. ABR , which currently carries a Zacks Rank #1 (Strong Buy). Click to get this free report Aflac Incorporated (AFL): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Aflac IncorporatedAFL was a big mover last session, as the company saw its shares rise nearly 7% on the day. | Aflac Incorporated Price Aflac Incorporated Price | Aflac Incorporated Quote A better-ranked stock in the Finance sector is Arbor Realty Trust, Inc. ABR , which currently carries a Zacks Rank #1 (Strong Buy). Click to get this free report Aflac Incorporated (AFL): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Aflac Incorporated Price Aflac Incorporated Price | Aflac Incorporated Quote A better-ranked stock in the Finance sector is Arbor Realty Trust, Inc. ABR , which currently carries a Zacks Rank #1 (Strong Buy). Click to get this free report Aflac Incorporated (AFL): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Click to get this free report Aflac Incorporated (AFL): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Aflac Incorporated Price Aflac Incorporated Price | Aflac Incorporated Quote A better-ranked stock in the Finance sector is Arbor Realty Trust, Inc. ABR , which currently carries a Zacks Rank #1 (Strong Buy). Aflac IncorporatedAFL was a big mover last session, as the company saw its shares rise nearly 7% on the day. |
30140.0 | 2018-12-12 00:00:00 UTC | 5 High Yield Dividend Stocks That Gained More Than 30% in 2018 | ABR | https://www.nasdaq.com/articles/5-high-yield-dividend-stocks-that-gained-more-than-30-in-2018-2018-12-12 | nan | nan | Per a growing consensus among Wall Street economists, factors that provided impetus to the U.S. economy in 2018 may soon wither away. They believe that issues such as the fading effects of the Republican tax cut bill, imposition of tariffs along with tighter financial conditions will dent economic growth.
The recent volatility in the U.S. stock markets has bred pessimism among investors. The three major stock indices tumbled roughly 5% by the end of the previous week, marking the worst performance in more than eight months. While the Dow tanked 1,149.51 points, the Nasdaq and the S&P 500 slid 4.9% and 4.6%, respectively. Notably, the S&P 500 lost 2.2% year to date (YTD), the Dow inched down 1.8% YTD and the Nasdaq rose 0.4% YTD.
The equities went south post the news that the CFO of Huawei Technologies was arrested on charges of potential violations of U.S. sanctions on Iran. Investors feared that the incident would complicate the trade war negotiations between the United States and China.
Moreover, growing concerns over the escalating trade tensions is creating uncertainty among investors. President Trump has already imposed tariffs on Chinese goods worth billions. Many economists believe that the trade war is already affecting the U.S. economy. The imposition of tariffs on Chinese goods by the U.S. administration and Beijing's tit-for-tat actions are likely to mar U.S. GDP growth.
Along with these factors, there is also an apprehension that the U.S. Federal Reserve will continue to hike interest rates next year. As such, it will be difficult for businesses to borrow from the market and will also lead to tight financial conditions.
In short, it will be prudent for investors to take precautions against increasing market volatility and reshuffle their portfolio with stable stocks, which have performed impressively.
How High Yield Dividend Stocks Can Enrich Your Portfolio
Stocks with solid dividend yield and high returns offer excellent choices for investors seeking to create a portfolio that performs well in a volatile market and offer downside protection.
Consistent dividend payouts indicate a company's financial strength and stability. Considering the current market volatility and an expected slowdown in the foreseeable future, it will be a prudent move for investors to add some high yield dividend stocks to their portfolio.
We have utilized the Zacks Stocks Screener to find five dividend paying companies that offer a high dividend yield of at least 4% and has also gained more than 30% this year.
Arbor Realty Trust, Inc.ABR
This specialized real estate finance company has a dividend yield of 9.3% and its shares have rallied 34.8% YTD. Moreover, the stock currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
BG Staffing, Inc.BGSF
The company provides temporary staffing services in the United States. It has a dividend yield of 5% and its shares have surged 47.3% YTD. The stock also carries a Zacks Rank #2 (Buy).
Guess?, Inc.GES
The company designs, markets, distributes and licenses casual apparel as well as accessories per the American lifestyle and European fashion sensibilities. It has a dividend yield of 4.1% and its shares have gained 32.6% YTD. The stock currently carries a Zacks Rank #3 (Hold).
Omega Healthcare Investors, Inc.OHI
Natural Resource Partners L.P.NRP
The company primarily focuses on the business of owning, managing and leasing mineral reserve properties. It has a dividend yield of 4.8% and its shares have surged 47.2% YTD. The stock also carries a Zacks Rank #3.
In addition to the stocks discussed above, would you like to know about our 10 top tickers to buy and hold for the entirety of 2019?
These 10 are painstakingly handpicked from over 4,000 companies covered by the Zacks Rank. They are our primary picks poised to outperform in the year ahead. Be among the first to see the new Zacks Top 10 Stocks >>
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Natural Resource Partners LP (NRP): Free Stock Analysis Report
Arbor Realty Trust (ABR): Free Stock Analysis Report
Guess?, Inc. (GES): Free Stock Analysis Report
Omega Healthcare Investors, Inc. (OHI): Free Stock Analysis Report
BG Staffing Inc (BGSF): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arbor Realty Trust, Inc.ABR This specialized real estate finance company has a dividend yield of 9.3% and its shares have rallied 34.8% YTD. Click to get this free report Natural Resource Partners LP (NRP): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Guess?, Inc. (GES): Free Stock Analysis Report Omega Healthcare Investors, Inc. (OHI): Free Stock Analysis Report BG Staffing Inc (BGSF): Free Stock Analysis Report To read this article on Zacks.com click here. They believe that issues such as the fading effects of the Republican tax cut bill, imposition of tariffs along with tighter financial conditions will dent economic growth. | Click to get this free report Natural Resource Partners LP (NRP): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Guess?, Inc. (GES): Free Stock Analysis Report Omega Healthcare Investors, Inc. (OHI): Free Stock Analysis Report BG Staffing Inc (BGSF): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty Trust, Inc.ABR This specialized real estate finance company has a dividend yield of 9.3% and its shares have rallied 34.8% YTD. How High Yield Dividend Stocks Can Enrich Your Portfolio Stocks with solid dividend yield and high returns offer excellent choices for investors seeking to create a portfolio that performs well in a volatile market and offer downside protection. | Click to get this free report Natural Resource Partners LP (NRP): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Guess?, Inc. (GES): Free Stock Analysis Report Omega Healthcare Investors, Inc. (OHI): Free Stock Analysis Report BG Staffing Inc (BGSF): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty Trust, Inc.ABR This specialized real estate finance company has a dividend yield of 9.3% and its shares have rallied 34.8% YTD. How High Yield Dividend Stocks Can Enrich Your Portfolio Stocks with solid dividend yield and high returns offer excellent choices for investors seeking to create a portfolio that performs well in a volatile market and offer downside protection. | Arbor Realty Trust, Inc.ABR This specialized real estate finance company has a dividend yield of 9.3% and its shares have rallied 34.8% YTD. Click to get this free report Natural Resource Partners LP (NRP): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Guess?, Inc. (GES): Free Stock Analysis Report Omega Healthcare Investors, Inc. (OHI): Free Stock Analysis Report BG Staffing Inc (BGSF): Free Stock Analysis Report To read this article on Zacks.com click here. Investors feared that the incident would complicate the trade war negotiations between the United States and China. |
30141.0 | 2018-12-11 00:00:00 UTC | Arbor Realty Trust (ABR) Gains As Market Dips: What You Should Know | ABR | https://www.nasdaq.com/articles/arbor-realty-trust-abr-gains-as-market-dips%3A-what-you-should-know-2018-12-11 | nan | nan | Arbor Realty Trust (ABR) closed the most recent trading day at $11.65, moving +0.43% from the previous trading session. The stock outpaced the S&P 500's daily loss of 0.04%. Meanwhile, the Dow lost 0.22%, and the Nasdaq, a tech-heavy index, added 0.16%.
Heading into today, shares of the real estate investment trust had lost 6.98% over the past month, lagging the Finance sector's loss of 5.92% and the S&P 500's loss of 4.99% in that time.
Investors will be hoping for strength from ABR as it approaches its next earnings release, which is expected to be February 22, 2019. The company is expected to report EPS of $0.27, up 8% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $69.20 million, up 50.27% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $1.19 per share and revenue of $247.60 million. These totals would mark changes of +14.42% and +58.54%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for ABR. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. ABR is currently a Zacks Rank #1 (Strong Buy).
Looking at its valuation, ABR is holding a Forward P/E ratio of 9.75. For comparison, its industry has an average Forward P/E of 14.56, which means ABR is trading at a discount to the group.
The REIT and Equity Trust - Other industry is part of the Finance sector. This group has a Zacks Industry Rank of 112, putting it in the top 44% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Arbor Realty Trust (ABR): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arbor Realty Trust (ABR) closed the most recent trading day at $11.65, moving +0.43% from the previous trading session. Investors will be hoping for strength from ABR as it approaches its next earnings release, which is expected to be February 22, 2019. It is also important to note the recent changes to analyst estimates for ABR. | Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty Trust (ABR) closed the most recent trading day at $11.65, moving +0.43% from the previous trading session. Investors will be hoping for strength from ABR as it approaches its next earnings release, which is expected to be February 22, 2019. | Arbor Realty Trust (ABR) closed the most recent trading day at $11.65, moving +0.43% from the previous trading session. Investors will be hoping for strength from ABR as it approaches its next earnings release, which is expected to be February 22, 2019. It is also important to note the recent changes to analyst estimates for ABR. | Arbor Realty Trust (ABR) closed the most recent trading day at $11.65, moving +0.43% from the previous trading session. Investors will be hoping for strength from ABR as it approaches its next earnings release, which is expected to be February 22, 2019. It is also important to note the recent changes to analyst estimates for ABR. |
30142.0 | 2018-12-03 00:00:00 UTC | Arbor Realty Trust (ABR) Gains But Lags Market: What You Should Know | ABR | https://www.nasdaq.com/articles/arbor-realty-trust-abr-gains-but-lags-market%3A-what-you-should-know-2018-12-03 | nan | nan | Arbor Realty Trust (ABR) closed at $11.89 in the latest trading session, marking a +0.34% move from the prior day. The stock lagged the S&P 500's daily gain of 1.09%. At the same time, the Dow added 1.13%, and the tech-heavy Nasdaq gained 1.51%.
Coming into today, shares of the real estate investment trust had lost 0.34% in the past month. In that same time, the Finance sector gained 2.32%, while the S&P 500 gained 1.92%.
Wall Street will be looking for positivity from ABR as it approaches its next earnings report date. This is expected to be February 22, 2019. In that report, analysts expect ABR to post earnings of $0.27 per share. This would mark year-over-year growth of 8%. Meanwhile, our latest consensus estimate is calling for revenue of $69.20 million, up 50.27% from the prior-year quarter.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $1.19 per share and revenue of $247.60 million. These totals would mark changes of +14.42% and +58.54%, respectively, from last year.
Any recent changes to analyst estimates for ABR should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 2.73% higher. ABR is holding a Zacks Rank of #1 (Strong Buy) right now.
Investors should also note ABR's current valuation metrics, including its Forward P/E ratio of 9.96. For comparison, its industry has an average Forward P/E of 14.6, which means ABR is trading at a discount to the group.
The REIT and Equity Trust - Other industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 149, which puts it in the bottom 42% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Arbor Realty Trust (ABR): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arbor Realty Trust (ABR) closed at $11.89 in the latest trading session, marking a +0.34% move from the prior day. Wall Street will be looking for positivity from ABR as it approaches its next earnings report date. In that report, analysts expect ABR to post earnings of $0.27 per share. | Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty Trust (ABR) closed at $11.89 in the latest trading session, marking a +0.34% move from the prior day. Wall Street will be looking for positivity from ABR as it approaches its next earnings report date. | Arbor Realty Trust (ABR) closed at $11.89 in the latest trading session, marking a +0.34% move from the prior day. Wall Street will be looking for positivity from ABR as it approaches its next earnings report date. In that report, analysts expect ABR to post earnings of $0.27 per share. | In that report, analysts expect ABR to post earnings of $0.27 per share. Arbor Realty Trust (ABR) closed at $11.89 in the latest trading session, marking a +0.34% move from the prior day. Wall Street will be looking for positivity from ABR as it approaches its next earnings report date. |
30143.0 | 2018-11-30 00:00:00 UTC | Financial Sector Update for 11/30/2018: ABR,SLG | ABR | https://www.nasdaq.com/articles/financial-sector-update-11302018-abrslg-2018-11-30 | nan | nan | Top Financial Stocks
JPM Unch
BAC -0.18%
WFC Unch
C Unch
USB Unch
Financial stocks were inching lower Friday morning, although shares of financial companies in the S&P 500 still were unchanged.
Among financial stocks moving on news:
(-) Arbor Realty Trust ( ABR ) was down nearly 4% in pre-market trading Friday morning after late Thursday pricing a $102.7 million public offering of 8.7 million common shares at $11.80 apiece, representing a 3.6% discount to Thursday's closing price for the stock. Net proceeds will be used for investments and for general corporate purposes.
In other sector news:
(+) SL Green Realty ( SLG ) inched higher pre-bell Friday after the real estate investment trust increased the company's quarterly dividend by 4.6% compared with its most recent distribution to $0.85 per share, payable on Jan. 15 to shareholders of record on Jan. 2.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Among financial stocks moving on news: (-) Arbor Realty Trust ( ABR ) was down nearly 4% in pre-market trading Friday morning after late Thursday pricing a $102.7 million public offering of 8.7 million common shares at $11.80 apiece, representing a 3.6% discount to Thursday's closing price for the stock. Net proceeds will be used for investments and for general corporate purposes. In other sector news: (+) SL Green Realty ( SLG ) inched higher pre-bell Friday after the real estate investment trust increased the company's quarterly dividend by 4.6% compared with its most recent distribution to $0.85 per share, payable on Jan. 15 to shareholders of record on Jan. 2. | The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Among financial stocks moving on news: (-) Arbor Realty Trust ( ABR ) was down nearly 4% in pre-market trading Friday morning after late Thursday pricing a $102.7 million public offering of 8.7 million common shares at $11.80 apiece, representing a 3.6% discount to Thursday's closing price for the stock. WFC Unch C Unch USB Unch Financial stocks were inching lower Friday morning, although shares of financial companies in the S&P 500 still were unchanged. | Among financial stocks moving on news: (-) Arbor Realty Trust ( ABR ) was down nearly 4% in pre-market trading Friday morning after late Thursday pricing a $102.7 million public offering of 8.7 million common shares at $11.80 apiece, representing a 3.6% discount to Thursday's closing price for the stock. WFC Unch C Unch USB Unch Financial stocks were inching lower Friday morning, although shares of financial companies in the S&P 500 still were unchanged. In other sector news: (+) SL Green Realty ( SLG ) inched higher pre-bell Friday after the real estate investment trust increased the company's quarterly dividend by 4.6% compared with its most recent distribution to $0.85 per share, payable on Jan. 15 to shareholders of record on Jan. 2. | Among financial stocks moving on news: (-) Arbor Realty Trust ( ABR ) was down nearly 4% in pre-market trading Friday morning after late Thursday pricing a $102.7 million public offering of 8.7 million common shares at $11.80 apiece, representing a 3.6% discount to Thursday's closing price for the stock. WFC Unch C Unch USB Unch Financial stocks were inching lower Friday morning, although shares of financial companies in the S&P 500 still were unchanged. Net proceeds will be used for investments and for general corporate purposes. |
30144.0 | 2018-11-30 00:00:00 UTC | Financial Sector Update for 11/30/2018: BGCP,NMRK,ABR,SLG | ABR | https://www.nasdaq.com/articles/financial-sector-update-11302018-bgcpnmrkabrslg-2018-11-30 | nan | nan | Top Financial Stocks
JPM +0.13%
BAC +0.16%
WFC +0.29%
C -0.76%
USB +0.44%
Financial stocks were narrowly lower this afternoon as traders largely sit out Friday's markets ahead of US President Donald Trump's meeting with his Chinese counterpart in a bid to resolve the countries' trade war. The NYSE Financial index was drifting almost 0.2% lower, while shares of financial companies in the S&P 500 were fractionally lower.
Among financial stocks moving on news:
(-) BGC Partners ( BGCP ) was fractionally higher in afternoon trading after the brokerage and asset manager earlier Friday completed the spinoff of its Newmark Group ( NMRK ) subsidiary into a stand-alone real estate services company. The transaction involves investors receiving 0.463895 of a Newmark class A share for each BGC Partner share they owned on Nov. 23. Newmark shares were down less than 1% in recent trading, swinging through a first-day range of $8.41 to $8.86.
In other sector news:
(-) Arbor Realty Trust ( ABR ) retreated over 3% Friday afternoon after late Thursday pricing a $102.7 million public offering of 8.7 million common shares at $11.80 apiece, representing a 3.6% discount to Thursday's closing price for the stock. Net proceeds will be used for investments and for general corporate purposes.
(+) SL Green Realty ( SLG ) inched higher after the real estate investment trust increased the company's quarterly dividend by 4.6% compared with its most recent distribution to $0.85 per share, payable on Jan. 15 to shareholders of record on Jan. 2.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | In other sector news: (-) Arbor Realty Trust ( ABR ) retreated over 3% Friday afternoon after late Thursday pricing a $102.7 million public offering of 8.7 million common shares at $11.80 apiece, representing a 3.6% discount to Thursday's closing price for the stock. Financial stocks were narrowly lower this afternoon as traders largely sit out Friday's markets ahead of US President Donald Trump's meeting with his Chinese counterpart in a bid to resolve the countries' trade war. Among financial stocks moving on news: (-) BGC Partners ( BGCP ) was fractionally higher in afternoon trading after the brokerage and asset manager earlier Friday completed the spinoff of its Newmark Group ( NMRK ) subsidiary into a stand-alone real estate services company. | In other sector news: (-) Arbor Realty Trust ( ABR ) retreated over 3% Friday afternoon after late Thursday pricing a $102.7 million public offering of 8.7 million common shares at $11.80 apiece, representing a 3.6% discount to Thursday's closing price for the stock. Among financial stocks moving on news: (-) BGC Partners ( BGCP ) was fractionally higher in afternoon trading after the brokerage and asset manager earlier Friday completed the spinoff of its Newmark Group ( NMRK ) subsidiary into a stand-alone real estate services company. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | In other sector news: (-) Arbor Realty Trust ( ABR ) retreated over 3% Friday afternoon after late Thursday pricing a $102.7 million public offering of 8.7 million common shares at $11.80 apiece, representing a 3.6% discount to Thursday's closing price for the stock. The NYSE Financial index was drifting almost 0.2% lower, while shares of financial companies in the S&P 500 were fractionally lower. Among financial stocks moving on news: (-) BGC Partners ( BGCP ) was fractionally higher in afternoon trading after the brokerage and asset manager earlier Friday completed the spinoff of its Newmark Group ( NMRK ) subsidiary into a stand-alone real estate services company. | In other sector news: (-) Arbor Realty Trust ( ABR ) retreated over 3% Friday afternoon after late Thursday pricing a $102.7 million public offering of 8.7 million common shares at $11.80 apiece, representing a 3.6% discount to Thursday's closing price for the stock. Top Financial Stocks Among financial stocks moving on news: (-) BGC Partners ( BGCP ) was fractionally higher in afternoon trading after the brokerage and asset manager earlier Friday completed the spinoff of its Newmark Group ( NMRK ) subsidiary into a stand-alone real estate services company. |
30145.0 | 2018-11-30 00:00:00 UTC | Financial Sector Update for 11/30/2018: FICO,BGCP,NMRK,ABR,SLG | ABR | https://www.nasdaq.com/articles/financial-sector-update-11302018-ficobgcpnmrkabrslg-2018-11-30 | nan | nan | Top Financial Stocks
JPM +1.10%
BAC +2.00%
WFC +0.85%
C +0.05%
USB +1.42%
Financial stocks caught fire somewhat this afternoon, moving higher in late trade after floundering earlier ahead of U.S. President Donald Trump meeting Chinese president Xi Jinping in a bid to resolve the countries' trade war. At last look, the NYSE Financial index was more than 0.5% while shares of financial companies in the S&P 500 were more than 0.8% higher after straddling either side of their break-even mark during most of Friday's session.
Among financial stocks moving on news:
(+) Barclays Lifts Fair Isaac ( FICO ) climbed almost 6% on Friday following an upgrade of the credit scoring and analytics company to Overweight from Equal Weight previously by analysts at Barclays, who also raised their price target for the company's stock by $25 to $225 a share.
In other sector news:
(+) SL Green Realty ( SLG ) was more than 2% higher Friday afternoon following the real estate investment trust increasing the company's quarterly dividend by 4.6% compared with its most recent distribution to $0.85 per share, payable on Jan. 15 to shareholders of record on Jan. 2.
(+) BGC Partners ( BGCP ) was hanging onto a narrow gain shortly before Friday's closing bell after the brokerage and assets manager earlier Friday completed the spinoff of its Newmark Group subsidiary into a stand-alone real estate services company. The transaction was completed through a tax-free dividend, with investors receiving 0.463895 of a Newmark class A share for each BGC Partner share they owned last Friday, Nov. 23. Newmark ( NMRK ) shares were unchanged at $8.65 apiece in recent trading, swinging through a first-day range of $8.41 to $8.86 a share.
(-) Arbor Realty Trust ( ABR ) retreated over 3% on Friday after late Thursday pricing a $102.7 million public offering of 8.7 million common shares at $11.80 apiece, representing a 3.6% discount to Thursday's closing price. Net proceeds will be used for investments and for general corporate purposes.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | (-) Arbor Realty Trust ( ABR ) retreated over 3% on Friday after late Thursday pricing a $102.7 million public offering of 8.7 million common shares at $11.80 apiece, representing a 3.6% discount to Thursday's closing price. Financial stocks caught fire somewhat this afternoon, moving higher in late trade after floundering earlier ahead of U.S. President Donald Trump meeting Chinese president Xi Jinping in a bid to resolve the countries' trade war. Among financial stocks moving on news: (+) Barclays Lifts Fair Isaac ( FICO ) climbed almost 6% on Friday following an upgrade of the credit scoring and analytics company to Overweight from Equal Weight previously by analysts at Barclays, who also raised their price target for the company's stock by $25 to $225 a share. | (-) Arbor Realty Trust ( ABR ) retreated over 3% on Friday after late Thursday pricing a $102.7 million public offering of 8.7 million common shares at $11.80 apiece, representing a 3.6% discount to Thursday's closing price. Among financial stocks moving on news: (+) Barclays Lifts Fair Isaac ( FICO ) climbed almost 6% on Friday following an upgrade of the credit scoring and analytics company to Overweight from Equal Weight previously by analysts at Barclays, who also raised their price target for the company's stock by $25 to $225 a share. In other sector news: (+) SL Green Realty ( SLG ) was more than 2% higher Friday afternoon following the real estate investment trust increasing the company's quarterly dividend by 4.6% compared with its most recent distribution to $0.85 per share, payable on Jan. 15 to shareholders of record on Jan. 2. | (-) Arbor Realty Trust ( ABR ) retreated over 3% on Friday after late Thursday pricing a $102.7 million public offering of 8.7 million common shares at $11.80 apiece, representing a 3.6% discount to Thursday's closing price. Among financial stocks moving on news: (+) Barclays Lifts Fair Isaac ( FICO ) climbed almost 6% on Friday following an upgrade of the credit scoring and analytics company to Overweight from Equal Weight previously by analysts at Barclays, who also raised their price target for the company's stock by $25 to $225 a share. In other sector news: (+) SL Green Realty ( SLG ) was more than 2% higher Friday afternoon following the real estate investment trust increasing the company's quarterly dividend by 4.6% compared with its most recent distribution to $0.85 per share, payable on Jan. 15 to shareholders of record on Jan. 2. | (-) Arbor Realty Trust ( ABR ) retreated over 3% on Friday after late Thursday pricing a $102.7 million public offering of 8.7 million common shares at $11.80 apiece, representing a 3.6% discount to Thursday's closing price. Top Financial Stocks In other sector news: (+) SL Green Realty ( SLG ) was more than 2% higher Friday afternoon following the real estate investment trust increasing the company's quarterly dividend by 4.6% compared with its most recent distribution to $0.85 per share, payable on Jan. 15 to shareholders of record on Jan. 2. |
30146.0 | 2018-11-28 00:00:00 UTC | Is Arbor Realty Trust (ABR) Outperforming Other Finance Stocks This Year? | ABR | https://www.nasdaq.com/articles/is-arbor-realty-trust-abr-outperforming-other-finance-stocks-this-year-2018-11-28 | nan | nan | Investors focused on the Finance space have likely heard of Arbor Realty Trust (ABR), but is the stock performing well in comparison to the rest of its sector peers? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.
Arbor Realty Trust is one of 867 companies in the Finance group. The Finance group currently sits at #8 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. ABR is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for ABR's full-year earnings has moved 2.73% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that ABR has returned about 41.67% since the start of the calendar year. In comparison, Finance companies have returned an average of -5.93%. This means that Arbor Realty Trust is performing better than its sector in terms of year-to-date returns.
Looking more specifically, ABR belongs to the REIT and Equity Trust - Other industry, which includes 122 individual stocks and currently sits at #102 in the Zacks Industry Rank. On average, this group has gained an average of 0.85% so far this year, meaning that ABR is performing better in terms of year-to-date returns.
Investors in the Finance sector will want to keep a close eye on ABR as it attempts to continue its solid performance.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Investors focused on the Finance space have likely heard of Arbor Realty Trust (ABR), but is the stock performing well in comparison to the rest of its sector peers? Over the past three months, the Zacks Consensus Estimate for ABR's full-year earnings has moved 2.73% higher. Investors in the Finance sector will want to keep a close eye on ABR as it attempts to continue its solid performance. | Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Investors focused on the Finance space have likely heard of Arbor Realty Trust (ABR), but is the stock performing well in comparison to the rest of its sector peers? ABR is currently sporting a Zacks Rank of #1 (Strong Buy). | Investors focused on the Finance space have likely heard of Arbor Realty Trust (ABR), but is the stock performing well in comparison to the rest of its sector peers? Looking more specifically, ABR belongs to the REIT and Equity Trust - Other industry, which includes 122 individual stocks and currently sits at #102 in the Zacks Industry Rank. ABR is currently sporting a Zacks Rank of #1 (Strong Buy). | Investors focused on the Finance space have likely heard of Arbor Realty Trust (ABR), but is the stock performing well in comparison to the rest of its sector peers? ABR is currently sporting a Zacks Rank of #1 (Strong Buy). Over the past three months, the Zacks Consensus Estimate for ABR's full-year earnings has moved 2.73% higher. |
30147.0 | 2018-11-26 00:00:00 UTC | Cushion Your Portfolio With These 5 High Yielding Stocks | ABR | https://www.nasdaq.com/articles/cushion-your-portfolio-these-5-high-yielding-stocks-2018-11-26 | nan | nan | Wall Street has been reeling under severe volatility for nearly two months. The broad-based market decline has dented investors' confidence in risky assets like equities significantly. Lingering trade war between the United States and China, expectations of higher interest rates in near future and plummeting crude oil price technology stocks have made market participants skeptical regarding future growth potential of U.S. stocks.
However, investment in high-dividend paying stocks, over a reasonable time period, is likely to bring good returns, especially when the market is plagued with severe volatility. Consequently, it would be a prudent investment decision to bank on stocks promising strong dividend yield and a favorable Zacks Rank in a bid to capitalize on future growth.
Crude Oil Price Plunges
On Nov 24, the U.S. benchmark West Texas Intermediate (WTI) crude oil future price for January slid $4.21 or 7.7% to settle at $50.42 a barrel. This was the worst single day decline of WTI crude prices since Jul 6, 2015 and the lowest settlement since Oct 9, 2017. Notably, this marked the index's seventh successive weekly decline. For the week ended Nov 26, the WTI crude price tumbled 10.6%.
On Nov 24, international benchmark of Brent crude oil also declined $3.80 or 6.1% to $58.80 a barrel. For the week ended Nov 26, the WTI crude price tumbled 10.6%. Currently, both the WTI and Brent are reeling in the bear territory. A surge in global oil supply and significantly weak global demand for oil are the primary reasons behind oil price plunge.
Conflicting News on US-China Trade War
President Donald Trump and his Chinese counterpart Xi Jinping are expected to meet at the G-20 summit later this month to resolve the eight-month old trade dispute between two of the world's largest trading nations. Notably, the U.S. government has threatened of levying tariffs worth $267 billion on China in the first week of December if the upcoming summit between the two presidents fails to resolve the issue.
Moreover, on Nov 23, The Wall Street Journal reported that the Trump Administration has urged its allies to stop using Huawei telecommunications equipment due to serious concerns of security espionage by the Chinese company.
Technology Stocks Decline
The technology sector, which was by far the best performer in 2018, has plummeted in November. Large-cap tech behemoths, especially the powerful FAANG stocks have nosedived recently. All the five FAANG stocks are currently in the bear market, marking a drop of 20% or more from their 52-week peak.
Lingering trade conflicts with China is taking significant toll on technology sector. These companies are two-way dependent on China. A major portion of their inputs come from Chinese suppliers as well as from their offshore operations in China. Furthermore, China is one of the largest markets of these companies finished products.
Our Top Picks
Despite strong economic fundamentals, several concerns plague the investors. Trade conflicts, interest rate hike and a global economic slowdown are immediate concerns. At this juncture, it will be lucrative to invest in high-yielding stocks in order to ensure a steady income stream. We narrowed down our search to five such stocks with Zacks Rank #1 (Strong Buy) or 2 (Buy) and high-dividend yield.
The chart below depicts price performance of our five picks year to date.
CONSOL Coal Resources LPCCR engages in underground mines and related infrastructure that produce high- BTU bituminuous thermal coal. It has a dividend yield of 11.5% and a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here . The company has expected earnings growth of 61% for current year. The Zacks Consensus Estimate for the current year has improved by 2.2% over the last 30 days.
Arbor Realty Trust Inc.ABR is a specialized real estate finance company which invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. It has a dividend yield of 9% and a Zacks Rank #1. The company has expected earnings growth of 14.4% for current year. The Zacks Consensus Estimate for the current year has improved by 2.6% over the last 30 days.
Capital Southwest Corp.CSWC is a venture capital investment company whose objective is to achieve capital appreciation through long-term investments in businesses believed to have favorable growth potential. It has a dividend yield of 7% and a Zacks Rank #1. The company has expected earnings growth of 42.7% for current year. The Zacks Consensus Estimate for the current year has improved by 12.5% over the last 30 days.
Oxford Square Capital Corp.OXSQ is a business development company principally investing in syndicated bank loans and debt and equity tranches of CLO vehicles. It has a dividend yield of 12.1% and a Zacks Rank #2. The company has expected earnings growth of 15% for current year. The Zacks Consensus Estimate for the current year has improved by 1.5% over the last 30 days.
BG Staffing Inc.BGSF provides temporary staffing services in the United States. It has a dividend yield of 5.1% and a Zacks Rank #2. The company has expected earnings growth of 15% for current year. The Zacks Consensus Estimate for the current year has improved by 4.3% over the last 30 days.
Looking for Stocks with Skyrocketing Upside?
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Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
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Arbor Realty Trust (ABR): Free Stock Analysis Report
BG Staffing Inc (BGSF): Free Stock Analysis Report
CONSOL Coal Resources LP (CCR): Free Stock Analysis Report
Capital Southwest Corporation (CSWC): Free Stock Analysis Report
Oxford Square Capital Corp. (OXSQ): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arbor Realty Trust Inc.ABR is a specialized real estate finance company which invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report BG Staffing Inc (BGSF): Free Stock Analysis Report CONSOL Coal Resources LP (CCR): Free Stock Analysis Report Capital Southwest Corporation (CSWC): Free Stock Analysis Report Oxford Square Capital Corp. (OXSQ): Free Stock Analysis Report To read this article on Zacks.com click here. Notably, the U.S. government has threatened of levying tariffs worth $267 billion on China in the first week of December if the upcoming summit between the two presidents fails to resolve the issue. | Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report BG Staffing Inc (BGSF): Free Stock Analysis Report CONSOL Coal Resources LP (CCR): Free Stock Analysis Report Capital Southwest Corporation (CSWC): Free Stock Analysis Report Oxford Square Capital Corp. (OXSQ): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty Trust Inc.ABR is a specialized real estate finance company which invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. Lingering trade war between the United States and China, expectations of higher interest rates in near future and plummeting crude oil price technology stocks have made market participants skeptical regarding future growth potential of U.S. stocks. | Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report BG Staffing Inc (BGSF): Free Stock Analysis Report CONSOL Coal Resources LP (CCR): Free Stock Analysis Report Capital Southwest Corporation (CSWC): Free Stock Analysis Report Oxford Square Capital Corp. (OXSQ): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty Trust Inc.ABR is a specialized real estate finance company which invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. Lingering trade war between the United States and China, expectations of higher interest rates in near future and plummeting crude oil price technology stocks have made market participants skeptical regarding future growth potential of U.S. stocks. | Arbor Realty Trust Inc.ABR is a specialized real estate finance company which invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report BG Staffing Inc (BGSF): Free Stock Analysis Report CONSOL Coal Resources LP (CCR): Free Stock Analysis Report Capital Southwest Corporation (CSWC): Free Stock Analysis Report Oxford Square Capital Corp. (OXSQ): Free Stock Analysis Report To read this article on Zacks.com click here. Lingering trade war between the United States and China, expectations of higher interest rates in near future and plummeting crude oil price technology stocks have made market participants skeptical regarding future growth potential of U.S. stocks. |
30148.0 | 2018-11-23 00:00:00 UTC | 4 REIT Stocks for Your Black Friday Shopping Cart | ABR | https://www.nasdaq.com/articles/4-reit-stocks-your-black-friday-shopping-cart-2018-11-23 | nan | nan | The U.S. economy is reflecting strength, corporate profits are up, the job market is robust with high employment and rising wages, and consumers are exhibiting confidence in their well-being. This sets the stage right for a holiday shopping bonanza that saw a prelude on Thanksgiving Day and will kick start officially with Black Friday, heating up with Cyber Monday and then of course Christmas.
Amid all the extravaganza surrounding the holiday season, investing in REIT stocks won't be a bad proposition either as growth in the economy translates into greater demand for real estate, higher occupancy levels and landlords' greater power to ask for higher rents.
This is also evident from the Q3 scorecard that reveals an 11.1% year-over-year improvement in funds from operations (FFO) to $16.3 billion. Same-store net operating income (NOI) increased 2.8% from a year ago, reflecting solid gains across manufactured homes, industrial, office and single-family homes sectors.
Specifically, occupancy rates for all Equity REITs reached a record-high of 94.3% in the third quarter buoyed by occupancy rates for office and industrial, which witnessed the strongest growth, gaining 170 and 58 basis points, respectively.
Demand rebounded in the office real estate market while high-consumer spending, e-commerce boom, as well as healthy manufacturing environment amid the recovering economy and job market are spurring demand for the industrial real estate category.
Well, one might say that REITs debt-dependence makes investments in them risky in a rising rate environment. But over the years, REITs have managed their balance sheets efficiently and, in the third quarter, REIT's leverage ratios were at their lowest levels in two decades while interest expense as a percentage of net operating income came in at a record low. In fact, not only have the REITs reduced their exposure to interest rate hikes, they have opportunistically used the low-rate environment to make their financials more flexible, which is encouraging down the line for their operational efficiencies.
Moreover, even though the economy is improving, trade-related concerns, geopolitical conflicts and inflationary concerns are causing hiccups at times with a spike in volatility. But as REITs solid performance is also translating into dividend growth for its investors, with dividends paid out in the third quarter aggregating $14.3 billion, up 9.8% year over year and 0.3% sequentially, these appear great options for income investors.
Stocks to Buy
Here are the four stocks that we have handpicked for your Black Friday cart. Aside from having solid fundamentals and a decent dividend yield, these REITs hold a favorable Zacks Rank, which indicates high chances of market outperformance over the next 1-3 months. These stocks are witnessing estimate revisions too reflecting analysts' positive view on these stocks.
New York-based Global Net Lease, Inc.GNL focuses on acquisition and management of industrial and office properties leased long term to quality corporate tenants in select markets in the United States and Europe. It sports a Zacks Rank #1 (Strong Buy) and has delivered an average positive surprise of 3.36% in terms of FFO per share. Estimate revision activities have been solid too with the Zacks Consensus Estimate for 2018 FFO per share moving up 5.8% to $2.18 over the last 30 days.
Headquartered in Uniondale, NY, Arbor Realty Trust, Inc.ABR is a REIT and direct lender that specializes in loan origination and servicing for multifamily, seniors housing, healthcare and other diverse commercial real estate assets. It has a Zacks Rank of 1. The stock has seen the Zacks Consensus Estimate for 2018 FFO per share being revised 2.6% north in a month's time.
You can see the complete list of today's Zacks #1 Rank stocks here .
Pasadena, CA-based Alexandria Real Estate EquitiesARE is an urban office REIT with particular focus on collaborative life science and technology campuses. It currently carries a Zacks Rank #2 (Buy) and has a long-term growth rate of 6.4%. Moreover, for 2018, the stock has seen the Zacks Consensus Estimate for FFO per share being revised marginally upward to $6.61 over the past 60 days.
Glendale, CA-based PS Business Parks Inc.PSB is into ownership, acquisition, development and operation of commercial real estate properties, especially multi-tenant industrial, flex and office space. It carries a Zacks Rank of 2. Also, for 2018, PS Business Parks' Zacks Consensus Estimate for FFO per share has inched up 1.3% to $6.45 in the past month.
Note: Anything related to earnings presented in this write-up represent funds from operations (FFO) - a widely used metric to gauge the performance of REITs.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>
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Arbor Realty Trust (ABR): Free Stock Analysis Report
Alexandria Real Estate Equities, Inc. (ARE): Free Stock Analysis Report
PS Business Parks, Inc. (PSB): Free Stock Analysis Report
Global Net Lease, Inc. (GNL): Free Stock Analysis Report
To read this article on Zacks.com click here.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Headquartered in Uniondale, NY, Arbor Realty Trust, Inc.ABR is a REIT and direct lender that specializes in loan origination and servicing for multifamily, seniors housing, healthcare and other diverse commercial real estate assets. Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Alexandria Real Estate Equities, Inc. (ARE): Free Stock Analysis Report PS Business Parks, Inc. (PSB): Free Stock Analysis Report Global Net Lease, Inc. (GNL): Free Stock Analysis Report To read this article on Zacks.com click here. In fact, not only have the REITs reduced their exposure to interest rate hikes, they have opportunistically used the low-rate environment to make their financials more flexible, which is encouraging down the line for their operational efficiencies. | Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Alexandria Real Estate Equities, Inc. (ARE): Free Stock Analysis Report PS Business Parks, Inc. (PSB): Free Stock Analysis Report Global Net Lease, Inc. (GNL): Free Stock Analysis Report To read this article on Zacks.com click here. Headquartered in Uniondale, NY, Arbor Realty Trust, Inc.ABR is a REIT and direct lender that specializes in loan origination and servicing for multifamily, seniors housing, healthcare and other diverse commercial real estate assets. Amid all the extravaganza surrounding the holiday season, investing in REIT stocks won't be a bad proposition either as growth in the economy translates into greater demand for real estate, higher occupancy levels and landlords' greater power to ask for higher rents. | Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Alexandria Real Estate Equities, Inc. (ARE): Free Stock Analysis Report PS Business Parks, Inc. (PSB): Free Stock Analysis Report Global Net Lease, Inc. (GNL): Free Stock Analysis Report To read this article on Zacks.com click here. Headquartered in Uniondale, NY, Arbor Realty Trust, Inc.ABR is a REIT and direct lender that specializes in loan origination and servicing for multifamily, seniors housing, healthcare and other diverse commercial real estate assets. Amid all the extravaganza surrounding the holiday season, investing in REIT stocks won't be a bad proposition either as growth in the economy translates into greater demand for real estate, higher occupancy levels and landlords' greater power to ask for higher rents. | Headquartered in Uniondale, NY, Arbor Realty Trust, Inc.ABR is a REIT and direct lender that specializes in loan origination and servicing for multifamily, seniors housing, healthcare and other diverse commercial real estate assets. Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Alexandria Real Estate Equities, Inc. (ARE): Free Stock Analysis Report PS Business Parks, Inc. (PSB): Free Stock Analysis Report Global Net Lease, Inc. (GNL): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Buy Here are the four stocks that we have handpicked for your Black Friday cart. |
30149.0 | 2018-11-20 00:00:00 UTC | The Zacks Analyst Blog Highlights: Gaming and Leisure Properties, Americold Realty Trust and Arbor Realty Trust | ABR | https://www.nasdaq.com/articles/the-zacks-analyst-blog-highlights%3A-gaming-and-leisure-properties-americold-realty-trust | nan | nan | For Immediate Release
Chicago, IL - November 20, 2018 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Gaming and Leisure Properties, Inc. GLPI , Americold Realty Trust COLD and Arbor Realty Trust ABR .
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Monday's Analyst Blog:
3 Great REITs to Buy Now
The stock market's strong run over the past few years brought attention to high-flying growth stocks, usually from the technology sector, that were consistently outpacing the market. However, fresh uncertainty within the last few months has shifted some focus back towards other investment strategies, and now it might be time for investors to check out things like real estate investment trusts, or REITs.
REITs are companies that own, operate, or finance real estate properties that produce income, such as apartment complexes or retail locations. These companies are heavily regulated and must meet a number of qualifications to be classified as a REIT, but they do offer investors a few distinct advantages.
First of all, real estate can be a very profitable investment sector when certain economic conditions are present. What's more, REITs must pay at least 90% of their taxable income in dividends to shareholders, so they are a great option for income investors looking for steady payouts.
The presence of mortgage debt makes this a rate sensitive industry, so investors might not love some REIT choices in this rising rate environment. But many companies offset this through strong funds from operations (FFO) growth-or they stick out from the pack with large amounts of their debt already fixed at a low rate.
Luckily for Zacks readers, the proven Zacks Rank-which emphasizes earnings estimates and estimate revisions-works with REITs just as it would with any other company. We prefer to use FFO as the metric of profitability here, but the trends work the same otherwise. The strongest REITs are going to be those with improving outlooks and great Zacks Ranks.
With that said, check out the REITs that are model says are impressive options right now:
1. Gaming and Leisure Properties, Inc.
Gaming and Leisure Properties is an owner of regional casino properties leased to the likes of Boyd Gaming, Eldorado Resorts, and Penn National. All in all, the company owns 44 gaming properties. CLPI is a Zacks Rank #1 (Strong Buy) stock and yields about 7.5% right now. Analysts expect GLPI to witness long-term annualized FFO growth of 12.5%. The valuation remains attractive at a P/E of 10.5 and PEG of 0.8, and it is a relatively low beta option.
2. Americold Realty Trust
Americold is a REIT focused on owning and operating temperature-controlled warehouses. It boasts the largest network of these sort of facilities in the world, making it a dominant force in global food distribution and retail industries. The company held an upsized IPO at $16 per share earlier this year and has been trending higher since then.
COLD is sporting a Zacks Rank #2 (Buy) right now. The stock is trading at about 24x forward earnings, which is a slight premium to the average of its peers but within a reasonable range considering its industry dominance. Plus, Americold offers a dividend yield of 2.8% right now. FFO growth is expected to hit 13% in 2019, and 63% of the company's debt is fixed rate.
3. Arbor Realty Trust
Arbor Realty is a specialized real estate finance company investing in real estate-related bridge and mezzanine loans, preferred equity, mortgage-related securities and other real estate-related assets. The company is a nice small-cap option for exposure to the U.S. mortgage market.
ABR sports a Zacks Rank #1 (Strong Buy). Analyst estimate trends have been positive, and the Zacks Consensus Estimate for the company's full-year FFO has gained three cents over the past 60 days. ABR also offers an 8.9% yield based on current prices.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>
About Zacks Equity Research
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Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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Arbor Realty Trust (ABR): Free Stock Analysis Report
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Americold Realty Trust (COLD): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Stocks recently featured in the blog include Gaming and Leisure Properties, Inc. GLPI , Americold Realty Trust COLD and Arbor Realty Trust ABR . ABR sports a Zacks Rank #1 (Strong Buy). ABR also offers an 8.9% yield based on current prices. | Stocks recently featured in the blog include Gaming and Leisure Properties, Inc. GLPI , Americold Realty Trust COLD and Arbor Realty Trust ABR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Gaming and Leisure Properties, Inc. (GLPI): Free Stock Analysis Report Americold Realty Trust (COLD): Free Stock Analysis Report To read this article on Zacks.com click here. ABR sports a Zacks Rank #1 (Strong Buy). | Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Gaming and Leisure Properties, Inc. (GLPI): Free Stock Analysis Report Americold Realty Trust (COLD): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks recently featured in the blog include Gaming and Leisure Properties, Inc. GLPI , Americold Realty Trust COLD and Arbor Realty Trust ABR . ABR sports a Zacks Rank #1 (Strong Buy). | Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Gaming and Leisure Properties, Inc. (GLPI): Free Stock Analysis Report Americold Realty Trust (COLD): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks recently featured in the blog include Gaming and Leisure Properties, Inc. GLPI , Americold Realty Trust COLD and Arbor Realty Trust ABR . ABR sports a Zacks Rank #1 (Strong Buy). |
30150.0 | 2018-11-20 00:00:00 UTC | CME Group Hits 52-Week High: Can the Bull Run Continue? | ABR | https://www.nasdaq.com/articles/cme-group-hits-52-week-high%3A-can-the-bull-run-continue-2018-11-20 | nan | nan | Shares of CME Group Inc . CME hit a new 52-week high of $197.08 on Nov 19 gaining traction from strong third-quarter 2018 earnings and record futures and options volume. With about 2 million shares exchanging hands in the last trading session, the stock closed at $195.61.
Robust Q3 Results
CME Group's bottom line of $1.45 outpaced the Zacks Consensus Estimate by 2.1% and improved 21.8% year over year on higher trading volumes across interest rate, equities and metals product lines. Also, solid expense discipline contributed to more than 20% bottom-line growth.
Revenues of $1.2 billion grew 1.5%. Average daily volumes increased in three product lines.
Shares of the company have gained 8% since its solid third-quarter results, slightly underperforming the industry 's growth of 8.4%.
This Zacks Rank #3 (Hold) securities exchange flaunts a solid surprise history, surpassing estimates for 10 straight quarters, the average being 1.97%.
Record Futures and Options Volume
On Nov 14, CME Group's energy futures and options reached a daily trading volume record of 5.10 contracts, outperforming its previous record of 5.07 million contracts on Dec 1, 2016.
Why the Stock's Bull Run May Continue
CME Group is the largest futures exchange in the world in terms of trading volume and notional value traded. The company has about 90% market share of the global futures trading and clearing services. This apart, it is focused on expansion of futures products in emerging markets, non-transaction related opportunities and OTC offerings. These together should ramp up its growth profile. Also, management anticipates organic market data revenue growth of 5-6% over the next few years.
The company is intensifying focus on over-the-counter clearing services on interest rate swaps and foreign exchange. To emerge as a cross-border trading powerhouse, CME Group acquired London-based NEX Group plc. The company estimates $200 million in run-rate cost synergies annually by the end of 2021 from this buyout.
The company's shutting down of London-based derivatives exchange and clearing house, CME Europe and CME Clearing Europe, will result in annual savings between $10 million and $12 million. This move will impact 2018 and free up more than $150 million in capital.
CME Group deploys capital to enhance shareholder value. It pays five dividends per year with the fifth being variable based on excess cash flow in the year. The dividend yield over the last six years came in at more than 5%.
The Zacks Consensus Estimate for 2018 reflects 39.4% increase on 10.7% higher revenues. The consensus mark for top line and bottom line for 2019 indicates a year-over-year increase of 12.2% and 8.9%, respectively. Over the past 30 days, the consensus estimate has been moved 1.2% north for 2018 and 3.1% for 2019.
Long-term earnings growth is currently pegged at 13%, higher than the industry's average of 9.8%.
Stocks to Consider
Investors interested in finance sector can check out a few top-ranked stocks like Intercontinental Exchange Inc. ICE , Arbor Realty Trust. ABR and Banner Corporation. BANR .
Intercontinental Exchange operates regulated exchanges, clearing houses, and listings venues for financial and commodity markets in the United States, the United Kingdom, Continental Europe, Asia, Israel, and Canada. It delivered a 6.25% positive surprise in the last reported quarter. The stock carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
Arbor Realty Trust invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. It delivered a 2.78% positive surprise in the last reported quarter. The stock sports a Zacks Rank #1.
Banner Corporation as the bank holding company for Banner Bank and Islanders Bank provides commercial banking, and financial products and services to individuals, businesses and public sector entities, primarily in the United States. It came up with a 25.26% beat in the last reported quarter. The stock sports a Zacks Rank #1.
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Banner Corporation (BANR): Free Stock Analysis Report
Arbor Realty Trust (ABR): Free Stock Analysis Report
CME Group Inc. (CME): Free Stock Analysis Report
Intercontinental Exchange Inc. (ICE): Free Stock Analysis Report
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Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | ABR and Banner Corporation. Click to get this free report Banner Corporation (BANR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report CME Group Inc. (CME): Free Stock Analysis Report Intercontinental Exchange Inc. (ICE): Free Stock Analysis Report To read this article on Zacks.com click here. CME hit a new 52-week high of $197.08 on Nov 19 gaining traction from strong third-quarter 2018 earnings and record futures and options volume. | Click to get this free report Banner Corporation (BANR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report CME Group Inc. (CME): Free Stock Analysis Report Intercontinental Exchange Inc. (ICE): Free Stock Analysis Report To read this article on Zacks.com click here. ABR and Banner Corporation. Robust Q3 Results CME Group's bottom line of $1.45 outpaced the Zacks Consensus Estimate by 2.1% and improved 21.8% year over year on higher trading volumes across interest rate, equities and metals product lines. | Click to get this free report Banner Corporation (BANR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report CME Group Inc. (CME): Free Stock Analysis Report Intercontinental Exchange Inc. (ICE): Free Stock Analysis Report To read this article on Zacks.com click here. ABR and Banner Corporation. Robust Q3 Results CME Group's bottom line of $1.45 outpaced the Zacks Consensus Estimate by 2.1% and improved 21.8% year over year on higher trading volumes across interest rate, equities and metals product lines. | Click to get this free report Banner Corporation (BANR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report CME Group Inc. (CME): Free Stock Analysis Report Intercontinental Exchange Inc. (ICE): Free Stock Analysis Report To read this article on Zacks.com click here. ABR and Banner Corporation. Robust Q3 Results CME Group's bottom line of $1.45 outpaced the Zacks Consensus Estimate by 2.1% and improved 21.8% year over year on higher trading volumes across interest rate, equities and metals product lines. |
30151.0 | 2018-11-19 00:00:00 UTC | 3 Great REITs to Buy Right Now | ABR | https://www.nasdaq.com/articles/3-great-reits-buy-right-now-2018-11-19 | nan | nan | The stock market's strong run over the past few years brought attention to high-flying growth stocks, usually from the technology sector, that were consistently outpacing the market. However, fresh uncertainty within the last few months has shifted some focus back towards other investment strategies, and now it might be time for investors to check out things like real estate investment trusts, or REITs.
REITs are companies that own, operate, or finance real estate properties that produce income, such as apartment complexes or retail locations. These companies are heavily regulated and must meet a number of qualifications to be classified as a REIT, but they do offer investors a few distinct advantages.
First of all, real estate can be a very profitable investment sector when certain economic conditions are present. What's more, REITs must pay at least 90% of their taxable income in dividends to shareholders, so they are a great option for income investors looking for steady payouts.
The presence of mortgage debt makes this a rate sensitive industry, so investors might not love some REIT choices in this rising rate environment. But many companies offset this through strong funds from operations (FFO) growth-or they stick out from the pack with large amounts of their debt already fixed at a low rate.
Luckily for Zacks readers, the proven Zacks Rank-which emphasizes earnings estimates and estimate revisions-works with REITs just as it would with any other company. We prefer to use FFO as the metric of profitability here, but the trends work the same otherwise. The strongest REITs are going to be those with improving outlooks and great Zacks Ranks.
With that said, check out the REITs that are model says are impressive options right now:
1. Gaming and Leisure Properties, Inc. (GLPI)
Gaming and Leisure Properties is an owner of regional casino properties leased to the likes of Boyd Gaming, Eldorado Resorts, and Penn National. All in all, the company owns 44 gaming properties. CLPI is a Zacks Rank #1 (Strong Buy) stock and yields about 7.5% right now. Analysts expect GLPI to witness long-term annualized FFO growth of 12.5%. The valuation remains attractive at a P/E of 10.5 and PEG of 0.8, and it is a relatively low beta option.
2. Americold Realty Trust (COLD)
Americold is a REIT focused on owning and operating temperature-controlled warehouses. It boasts the largest network of these sort of facilities in the world, making it a dominant force in global food distribution and retail industries. The company held an upsized IPO at $16 per share earlier this year and has been trending higher since then.
COLD is sporting a Zacks Rank #2 (Buy) right now. The stock is trading at about 24x forward earnings, which is a slight premium to the average of its peers but within a reasonable range considering its industry dominance. Plus, Americold offers a dividend yield of 2.8% right now. FFO growth is expected to hit 13% in 2019, and 63% of the company's debt is fixed rate.
3. Arbor Realty Trust (ABR)
Arbor Realty is a specialized real estate finance company investing in real estate-related bridge and mezzanine loans, preferred equity, mortgage-related securities and other real estate-related assets. The company is a nice small-cap option for exposure to the U.S. mortgage market.
ABR sports a Zacks Rank #1 (Strong Buy). Analyst estimate trends have been positive, and the Zacks Consensus Estimate for the company's full-year FFO has gained three cents over the past 60 days. ABR also offers an 8.9% yield based on current prices.
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Arbor Realty Trust (ABR): Free Stock Analysis Report
Gaming and Leisure Properties, Inc. (GLPI): Free Stock Analysis Report
Americold Realty Trust (COLD): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arbor Realty Trust (ABR) Arbor Realty is a specialized real estate finance company investing in real estate-related bridge and mezzanine loans, preferred equity, mortgage-related securities and other real estate-related assets. ABR sports a Zacks Rank #1 (Strong Buy). ABR also offers an 8.9% yield based on current prices. | Arbor Realty Trust (ABR) Arbor Realty is a specialized real estate finance company investing in real estate-related bridge and mezzanine loans, preferred equity, mortgage-related securities and other real estate-related assets. Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Gaming and Leisure Properties, Inc. (GLPI): Free Stock Analysis Report Americold Realty Trust (COLD): Free Stock Analysis Report To read this article on Zacks.com click here. ABR sports a Zacks Rank #1 (Strong Buy). | Arbor Realty Trust (ABR) Arbor Realty is a specialized real estate finance company investing in real estate-related bridge and mezzanine loans, preferred equity, mortgage-related securities and other real estate-related assets. Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Gaming and Leisure Properties, Inc. (GLPI): Free Stock Analysis Report Americold Realty Trust (COLD): Free Stock Analysis Report To read this article on Zacks.com click here. ABR sports a Zacks Rank #1 (Strong Buy). | Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Gaming and Leisure Properties, Inc. (GLPI): Free Stock Analysis Report Americold Realty Trust (COLD): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty Trust (ABR) Arbor Realty is a specialized real estate finance company investing in real estate-related bridge and mezzanine loans, preferred equity, mortgage-related securities and other real estate-related assets. ABR sports a Zacks Rank #1 (Strong Buy). |
30152.0 | 2018-11-19 00:00:00 UTC | Intercontinental Hits 52-Week High: Will the Trend Continue? | ABR | https://www.nasdaq.com/articles/intercontinental-hits-52-week-high%3A-will-the-trend-continue-2018-11-19 | nan | nan | Shares of Intercontinental Exchange, Inc . ICE hit a new 52-week high of $81.29 on Nov 16, gaining traction from strong third-quarter 2018 earnings. With about 4.5 million shares exchanging hands in the last trading session, the stock finally closed at $81.22, rising 1.3%. The company's return on equity rose 11.7%, comparing favorably with the industry 's average of 10.8%.
Robust Q3 Results
Intercontinental Exchange's bottom line of 85 cents outpaced the Zacks Consensus Estimate by 6.3% and also improved 16.4% year over year on strong performance across futures, cash equities, listings and data services business lines.
Revenues of $1.2 billion grew nearly 5% and marked the 22nd consecutive quarter of revenue growth on a year-over-year basis. Revenues across all its segments reported growth.
Free cash flow of $1.7 billion in the first nine months of 2018 increased 33.3% year over year and returned $1.5 billion in capital to its shareholders.
Shares of the company have gained 11.1% since it posted solid third-quarter results, outperforming the industry's increase of 7.5%. This Zacks Rank #2 (Buy) securities exchange flaunts a solid surprise history, surpassing estimates for five straight quarters with average of 2.49%.
Why Should the Stock Continue the Bull Run?
Intercontinental Exchange enjoys a competitive advantage, given its multi-asset portfolio, allowing global diversification while tapping new opportunities in the emerging economies.
Its acquisition of MERS in October, should be the foundation of ICE Mortgage Services. The company estimates incremental fourth-quarter revenues related to ICE Mortgage Services to be between $17 million and $19 million.
The company intends capital deployment of about $1.7 billion in 2018. In October, the company's board of directors approved a new $2-billion buyback authorization.
The company's 20% dividend hike in first-quarter 2018 marked its fourth consecutive double-digit hike. Management is optimistic about another raise in 2019.
Given the strength in global data services as well as diverse liquid, global derivatives and equities markets, the company is well poised to deliver revenue growth. Intercontinental Exchange projects revenue growth between 6% and 7% for 2018 and has a long-term target of mid-to-high single digits.
The Zacks Consensus Estimate for 2018 reflects 19.3% increase on 6.3% higher revenues. The consensus mark for top and bottom lines in 2019 translates into a year-over-year increase of 9.9% and 6.5%, respectively. Over the past 30 days, the consensus mark has been moved 2% north for 2018 and 1% for 2019.
Long-term earnings growth is currently pegged at 9.9%, better than the industry's average of 9.8%.
Other Stocks to Consider
Investors interested in finance sector can also check out a few other top-ranked stocks like Arbor Realty Trust. ABR , Athene Holding Ltd. ATH and Banner Corporation. BANR , each sporting Zacks Rank # 1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Arbor Realty Trust invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. It delivered a 2.78% positive surprise in the earlier reported quarter.
Athene Holding issues, reinsures, and acquires retirement savings products in the United States, the District of Columbia and Germany. Last reported quarter, it pulled off an 14.71% earnings surprise.
Banner Corporation as the bank holding company for Banner Bank and Islanders Bank provides commercial banking, and financial products and services to individuals, businesses, and public sector entities, primarily in the United States. It came up with a 25.26% beat in the previously reported quarter.
Looking for Stocks with Skyrocketing Upside?
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Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Banner Corporation (BANR): Free Stock Analysis Report
Athene Holding Ltd. (ATH): Free Stock Analysis Report
Arbor Realty Trust (ABR): Free Stock Analysis Report
Intercontinental Exchange Inc. (ICE): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | ABR , Athene Holding Ltd. ATH and Banner Corporation. Click to get this free report Banner Corporation (BANR): Free Stock Analysis Report Athene Holding Ltd. (ATH): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Intercontinental Exchange Inc. (ICE): Free Stock Analysis Report To read this article on Zacks.com click here. This Zacks Rank #2 (Buy) securities exchange flaunts a solid surprise history, surpassing estimates for five straight quarters with average of 2.49%. | Click to get this free report Banner Corporation (BANR): Free Stock Analysis Report Athene Holding Ltd. (ATH): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Intercontinental Exchange Inc. (ICE): Free Stock Analysis Report To read this article on Zacks.com click here. ABR , Athene Holding Ltd. ATH and Banner Corporation. Robust Q3 Results Intercontinental Exchange's bottom line of 85 cents outpaced the Zacks Consensus Estimate by 6.3% and also improved 16.4% year over year on strong performance across futures, cash equities, listings and data services business lines. | Click to get this free report Banner Corporation (BANR): Free Stock Analysis Report Athene Holding Ltd. (ATH): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Intercontinental Exchange Inc. (ICE): Free Stock Analysis Report To read this article on Zacks.com click here. ABR , Athene Holding Ltd. ATH and Banner Corporation. Robust Q3 Results Intercontinental Exchange's bottom line of 85 cents outpaced the Zacks Consensus Estimate by 6.3% and also improved 16.4% year over year on strong performance across futures, cash equities, listings and data services business lines. | ABR , Athene Holding Ltd. ATH and Banner Corporation. Click to get this free report Banner Corporation (BANR): Free Stock Analysis Report Athene Holding Ltd. (ATH): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Intercontinental Exchange Inc. (ICE): Free Stock Analysis Report To read this article on Zacks.com click here. Revenues of $1.2 billion grew nearly 5% and marked the 22nd consecutive quarter of revenue growth on a year-over-year basis. |
30153.0 | 2018-11-14 00:00:00 UTC | Zacks.com featured highlights include: Papa Murphy's, Penumbra, Tesla, Ameren and Arbor Realty | ABR | https://www.nasdaq.com/articles/zacks.com-featured-highlights-include%3A-papa-murphys-penumbra-tesla-ameren-and-arbor-realty | nan | nan | For Immediate Release
Chicago, IL - November 14, 2018 - Stocks in this week's article are Papa Murphy's Holdings, Inc.FRSH , Penumbra, Inc.PEN , Tesla, Inc.TSLA , Ameren CorporationAEE and Arbor Realty TrustABR .
5 Low-Beta Stocks to Beat Market Volatility
It is not easy to come up with an investment strategy that will consistently reward investors with above-average returns. Thorough research and in-depth industry knowledge are required to develop such a strategy.
In this article we show that risky stocks do not always turn out to be profitable. Securities with lower volatility than the market can also generate lucrative returns.
Beta Understanding
Beta indicates the volatility of a particular stock with respect to the market. In other words, beta measures the extent of stock price movement relative to the market (we are considering S&P 500 here).
If a company has a beta of 1, it means that the relative volatility of the stock is the same as that of the S&P 500. In the same way, if the stock's beta is greater than 1 then it is more volatile compared to the market. Conversely, a beta below 1 signifies less volatility.
Now, if a portfolio's beta is 3, it is three times more volatile than the market. Hence, if the market is projected to give 20% return, the portfolio will then definitely contribute 60% return which is amazing.
However, the opposite case also holds true. If the market slips 20% then the portfolio return plummets 60% which is surely a matter of concern.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/337256/5-lowbeta-stocks-to-beat-market-volatility
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
About Screen of the Week
Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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Ameren Corporation (AEE): Free Stock Analysis Report
Tesla, Inc. (TSLA): Free Stock Analysis Report
Penumbra, Inc. (PEN): Free Stock Analysis Report
Arbor Realty Trust (ABR): Free Stock Analysis Report
Papa Murphy's Holdings, Inc. (FRSH): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | For Immediate Release Chicago, IL - November 14, 2018 - Stocks in this week's article are Papa Murphy's Holdings, Inc.FRSH , Penumbra, Inc.PEN , Tesla, Inc.TSLA , Ameren CorporationAEE and Arbor Realty TrustABR . Click to get this free report Ameren Corporation (AEE): Free Stock Analysis Report Tesla, Inc. (TSLA): Free Stock Analysis Report Penumbra, Inc. (PEN): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Papa Murphy's Holdings, Inc. (FRSH): Free Stock Analysis Report To read this article on Zacks.com click here. 5 Low-Beta Stocks to Beat Market Volatility It is not easy to come up with an investment strategy that will consistently reward investors with above-average returns. | For Immediate Release Chicago, IL - November 14, 2018 - Stocks in this week's article are Papa Murphy's Holdings, Inc.FRSH , Penumbra, Inc.PEN , Tesla, Inc.TSLA , Ameren CorporationAEE and Arbor Realty TrustABR . Click to get this free report Ameren Corporation (AEE): Free Stock Analysis Report Tesla, Inc. (TSLA): Free Stock Analysis Report Penumbra, Inc. (PEN): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Papa Murphy's Holdings, Inc. (FRSH): Free Stock Analysis Report To read this article on Zacks.com click here. For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/337256/5-lowbeta-stocks-to-beat-market-volatility Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. | Click to get this free report Ameren Corporation (AEE): Free Stock Analysis Report Tesla, Inc. (TSLA): Free Stock Analysis Report Penumbra, Inc. (PEN): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Papa Murphy's Holdings, Inc. (FRSH): Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL - November 14, 2018 - Stocks in this week's article are Papa Murphy's Holdings, Inc.FRSH , Penumbra, Inc.PEN , Tesla, Inc.TSLA , Ameren CorporationAEE and Arbor Realty TrustABR . For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/337256/5-lowbeta-stocks-to-beat-market-volatility Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. | For Immediate Release Chicago, IL - November 14, 2018 - Stocks in this week's article are Papa Murphy's Holdings, Inc.FRSH , Penumbra, Inc.PEN , Tesla, Inc.TSLA , Ameren CorporationAEE and Arbor Realty TrustABR . Click to get this free report Ameren Corporation (AEE): Free Stock Analysis Report Tesla, Inc. (TSLA): Free Stock Analysis Report Penumbra, Inc. (PEN): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Papa Murphy's Holdings, Inc. (FRSH): Free Stock Analysis Report To read this article on Zacks.com click here. Now, if a portfolio's beta is 3, it is three times more volatile than the market. |
30154.0 | 2018-11-13 00:00:00 UTC | Arbor Realty Trust (ABR) Ex-Dividend Date Scheduled for November 14, 2018 | ABR | https://www.nasdaq.com/articles/arbor-realty-trust-abr-ex-dividend-date-scheduled-november-14-2018-2018-11-13 | nan | nan | Arbor Realty Trust ( ABR ) will begin trading ex-dividend on November 14, 2018. A cash dividend payment of $0.27 per share is scheduled to be paid on November 30, 2018. Shareholders who purchased ABR prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 8% increase over prior dividend payment. At the current stock price of $12.47, the dividend yield is 8.66%.
The previous trading day's last sale of ABR was $12.47, representing a -2.5% decrease from the 52 week high of $12.79 and a 58.05% increase over the 52 week low of $7.89.
ABR is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). ABR's current earnings per share, an indicator of a company's profitability, is $1.38. Zacks Investment Research reports ABR's forecasted earnings growth in 2018 as 8.65%, compared to an industry average of 1.2%.
For more information on the declaration, record and payment dates, visit the ABR Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to ABR through an Exchange Traded Fund [ETF]?
The following ETF(s) have ABR as a top-10 holding:
First Trust DJ Select MicroCap ETF ( FDM )
USAA MSCI USA Small Cap Value Momentum Blend Index ETF ( USVM )
Xtrackers Russell 2000 Comprehensive Factor ETF ( DESC ).
The top-performing ETF of this group is USVM with an decrease of -6.63% over the last 100 days. FDM has the highest percent weighting of ABR at 0.86%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Shareholders who purchased ABR prior to the ex-dividend date are eligible for the cash dividend payment. ABR is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). Zacks Investment Research reports ABR's forecasted earnings growth in 2018 as 8.65%, compared to an industry average of 1.2%. | The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Arbor Realty Trust ( ABR ) will begin trading ex-dividend on November 14, 2018. Shareholders who purchased ABR prior to the ex-dividend date are eligible for the cash dividend payment. | Shareholders who purchased ABR prior to the ex-dividend date are eligible for the cash dividend payment. For more information on the declaration, record and payment dates, visit the ABR Dividend History page. The following ETF(s) have ABR as a top-10 holding: First Trust DJ Select MicroCap ETF ( FDM ) USAA MSCI USA Small Cap Value Momentum Blend Index ETF ( USVM ) Xtrackers Russell 2000 Comprehensive Factor ETF ( DESC ). | Shareholders who purchased ABR prior to the ex-dividend date are eligible for the cash dividend payment. ABR's current earnings per share, an indicator of a company's profitability, is $1.38. Arbor Realty Trust ( ABR ) will begin trading ex-dividend on November 14, 2018. |
30155.0 | 2018-11-13 00:00:00 UTC | 5 Low-Beta Stocks to Beat Market Volatility | ABR | https://www.nasdaq.com/articles/5-low-beta-stocks-to-beat-market-volatility-2018-11-13 | nan | nan | It is not easy to come up with an investment strategy that will consistently reward investors with above-average returns. Thorough research and in-depth industry knowledge are required to develop such a strategy.
In this article we show that risky stocks do not always turn out to be profitable. Securities with lower volatility than the market can also generate lucrative returns.
Beta Understanding
Beta indicates the volatility of a particular stock with respect to the market. In other words, beta measures the extent of stock price movement relative to the market (we are considering S&P 500 here).
If a company has a beta of 1, it means that the relative volatility of the stock is the same as that of the S&P 500. In the same way, if the stock's beta is greater than 1 then it is more volatile compared to the market. Conversely, a beta below 1 signifies less volatility.
Now, if a portfolio's beta is 3, it is three times more volatile than the market. Hence, if the market is projected to give 20% return, the portfolio will then definitely contribute 60% return which is amazing.
However, the opposite case also holds true. If the market slips 20% then the portfolio return plummets 60% which is surely a matter of concern.
The Winning Strategy
In our screening criteria we included beta in the range of 0 to 0.6 for short listing low risk stocks. But this can't be the only criterion for betting on stocks. The other parameters that need to be added to create a winning portfolio are:
Percentage Change in Price in the Last 4 Weeks greater than zero: This ensures that the stocks saw positive price movement over the last one month.
Average 20 Day Volume greater than 50,000: A substantial trading volume ensures that the stocks are easily tradable.
Price greater than or equal to $5: They must all be trading at a minimum of $5 or higher.
Zacks Rank equal to 1: Zacks Rank #1 (Strong Buy) stocks indicate that they will significantly outperform the broader U.S. equity market over the next one to three months.
Here are five of the 23 stocks that qualified the screening:
Headquartered in Vancouver, WA, Papa Murphy's Holdings, Inc.FRSH is primarily engaged in distributing fresh pizzas, to be baked at home. The company posted an average positive earnings surprise of 454.2% for the past four quarters. In 2018 and 2019, Papa Murphy's is expected to see earnings growth of 160% and 24.4%, respectively.
Penumbra, Inc.PEN ,headquartered in Alameda, CA, is among the leading providers of medical devices. The company beat the Zacks Consensus Estimate in all of the prior four quarters. Penumbra is expected to witness earnings growth of 4,900% and 65.6% in 2018 and 2019, respectively.
Headquartered in Palo Alto, CA, Tesla, Inc.TSLA is the leading manufacturer of electric car. The firm surpassed the Zacks Consensus Estimate in three of the past four quarters. Tesla will likely see earnings growth of 75.8% and 325.4% in 2018 and 2019, respectively.
Ameren CorporationAEE , headquartered in St. Louis, MO, through its affiliates delivers services related to transmission of electricity. The company managed to surpass the Zacks Consensus Estimate in all of the prior four quarters. Ameren is expected to record earnings growth of 18.4% in 2018.
Arbor Realty TrustABR , headquartered in Uniondale, NY, is a real estate investment trust. The stock beat the Zacks Consensus Estimate in the last four quarters. Arbor Realty Trust will likely see earnings growth of 14.4% in 2018.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today .
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks' portfolios and strategies are available at: https://www.zacks.com/performance .
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Ameren Corporation (AEE): Free Stock Analysis Report
Tesla, Inc. (TSLA): Free Stock Analysis Report
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Arbor Realty Trust (ABR): Free Stock Analysis Report
Papa Murphy's Holdings, Inc. (FRSH): Free Stock Analysis Report
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Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arbor Realty TrustABR , headquartered in Uniondale, NY, is a real estate investment trust. Click to get this free report Ameren Corporation (AEE): Free Stock Analysis Report Tesla, Inc. (TSLA): Free Stock Analysis Report Penumbra, Inc. (PEN): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Papa Murphy's Holdings, Inc. (FRSH): Free Stock Analysis Report To read this article on Zacks.com click here. The Winning Strategy In our screening criteria we included beta in the range of 0 to 0.6 for short listing low risk stocks. | Click to get this free report Ameren Corporation (AEE): Free Stock Analysis Report Tesla, Inc. (TSLA): Free Stock Analysis Report Penumbra, Inc. (PEN): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Papa Murphy's Holdings, Inc. (FRSH): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty TrustABR , headquartered in Uniondale, NY, is a real estate investment trust. Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. | Click to get this free report Ameren Corporation (AEE): Free Stock Analysis Report Tesla, Inc. (TSLA): Free Stock Analysis Report Penumbra, Inc. (PEN): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Papa Murphy's Holdings, Inc. (FRSH): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty TrustABR , headquartered in Uniondale, NY, is a real estate investment trust. Beta Understanding Beta indicates the volatility of a particular stock with respect to the market. | Arbor Realty TrustABR , headquartered in Uniondale, NY, is a real estate investment trust. Click to get this free report Ameren Corporation (AEE): Free Stock Analysis Report Tesla, Inc. (TSLA): Free Stock Analysis Report Penumbra, Inc. (PEN): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Papa Murphy's Holdings, Inc. (FRSH): Free Stock Analysis Report To read this article on Zacks.com click here. If a company has a beta of 1, it means that the relative volatility of the stock is the same as that of the S&P 500. |
30156.0 | 2018-11-09 00:00:00 UTC | Arbor Realty Trust (ABR) is a Great Momentum Stock: Should You Buy? | ABR | https://www.nasdaq.com/articles/arbor-realty-trust-abr-is-a-great-momentum-stock%3A-should-you-buy-2018-11-09 | nan | nan | Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.
While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores , helps address this issue for us.
Below, we take a look at Arbor Realty Trust (ABR) , a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.
It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Arbor Realty Trust currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.
You can see the current list of Zacks #1 Rank Stocks here >>>
Set to Beat the Market?
Let's discuss some of the components of the Momentum Style Score for ABR that show why this real estate investment trust shows promise as a solid momentum pick.
Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area.
For ABR, shares are up 4.17% over the past week while the Zacks REIT and Equity Trust - Other industry is down 0.12% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 4.68% compares favorably with the industry's 3.03% performance as well.
While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Over the past quarter, shares of Arbor Realty Trust have risen 4.77%, and are up 42.62% in the last year. In comparison, the S&P 500 has only moved -1.24% and 10.21%, respectively.
Investors should also pay attention to ABR's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. ABR is currently averaging 939,118 shares for the last 20 days.
Earnings Outlook
The Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with ABR.
Over the past two months, 2 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost ABR's consensus estimate, increasing from $1.16 to $1.19 in the past 60 days. Looking at the next fiscal year, 2 estimates have moved upwards while there have been no downward revisions in the same time period.
Bottom Line
Given these factors, it shouldn't be surprising that ABR is a #1 (Strong Buy) stock and boasts a Momentum Score of B. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Arbor Realty Trust on your short list.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Bottom Line Given these factors, it shouldn't be surprising that ABR is a #1 (Strong Buy) stock and boasts a Momentum Score of B. Below, we take a look at Arbor Realty Trust (ABR) , a company that currently holds a Momentum Style Score of B. Let's discuss some of the components of the Momentum Style Score for ABR that show why this real estate investment trust shows promise as a solid momentum pick. | Let's discuss some of the components of the Momentum Style Score for ABR that show why this real estate investment trust shows promise as a solid momentum pick. Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Below, we take a look at Arbor Realty Trust (ABR) , a company that currently holds a Momentum Style Score of B. | Let's discuss some of the components of the Momentum Style Score for ABR that show why this real estate investment trust shows promise as a solid momentum pick. Below, we take a look at Arbor Realty Trust (ABR) , a company that currently holds a Momentum Style Score of B. For ABR, shares are up 4.17% over the past week while the Zacks REIT and Equity Trust - Other industry is down 0.12% over the same time period. | Below, we take a look at Arbor Realty Trust (ABR) , a company that currently holds a Momentum Style Score of B. Let's discuss some of the components of the Momentum Style Score for ABR that show why this real estate investment trust shows promise as a solid momentum pick. For ABR, shares are up 4.17% over the past week while the Zacks REIT and Equity Trust - Other industry is down 0.12% over the same time period. |
30157.0 | 2018-11-02 00:00:00 UTC | Arbor Realty Trust (ABR) Q3 FFO and Revenues Top Estimates | ABR | https://www.nasdaq.com/articles/arbor-realty-trust-abr-q3-ffo-and-revenues-top-estimates-2018-11-02 | nan | nan | Arbor Realty Trust (ABR) came out with quarterly funds from operations (FFO) of $0.37 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to FFO of $0.25 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an FFO surprise of 2.78%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.26 per share when it actually produced FFO of $0.31, delivering a surprise of 19.23%.
Over the last four quarters, the company has surpassed consensus FFO estimates four times.
Arbor Realty Trust, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $67.50 million for the quarter ended September 2018, surpassing the Zacks Consensus Estimate by 8%. This compares to year-ago revenues of $42.14 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.
Arbor Realty Trust shares have added about 37.6% since the beginning of the year versus the S&P 500's gain of 2.5%.
What's Next for Arbor Realty Trust?
While Arbor Realty Trust has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's FFO outlook. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Arbor Realty Trust was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus FFO estimate is $0.26 on $65.70 million in revenues for the coming quarter and $1.17 on $239.10 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, REIT and Equity Trust - Other is currently in the bottom 35% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arbor Realty Trust (ABR) came out with quarterly funds from operations (FFO) of $0.37 per share, beating the Zacks Consensus Estimate of $0.36 per share. Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call. | Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty Trust (ABR) came out with quarterly funds from operations (FFO) of $0.37 per share, beating the Zacks Consensus Estimate of $0.36 per share. Arbor Realty Trust, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $67.50 million for the quarter ended September 2018, surpassing the Zacks Consensus Estimate by 8%. | Arbor Realty Trust (ABR) came out with quarterly funds from operations (FFO) of $0.37 per share, beating the Zacks Consensus Estimate of $0.36 per share. Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty Trust, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $67.50 million for the quarter ended September 2018, surpassing the Zacks Consensus Estimate by 8%. | Arbor Realty Trust (ABR) came out with quarterly funds from operations (FFO) of $0.37 per share, beating the Zacks Consensus Estimate of $0.36 per share. Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. While Arbor Realty Trust has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? |
30158.0 | 2018-11-01 00:00:00 UTC | Arbor Realty (ABR) Gears Up for Q3 Earnings: What Lies Ahead? | ABR | https://www.nasdaq.com/articles/arbor-realty-abr-gears-up-for-q3-earnings%3A-what-lies-ahead-2018-11-01 | nan | nan | Arbor Realty TrustABR is scheduled to report third-quarter 2018 results on Nov 2, before the market opens. The company's results will likely reflect year-over-year growth in its adjusted funds from operations (AFFO) and interest income.
In the last reported quarter, this New York-headquartered real estate investment trust (REIT), which primarily focuses on originating and servicing loans for multifamily, seniors housing, healthcare, and other commercial real estate assets, posted AFFO of 31 cents, comfortably surpassing the Zacks Consensus Estimate of 26 cents.
Over the trailing four quarters, the company surpassed the Zacks Consensus Estimate in all occasions, the average beat being 24.19%. The graph below depicts this surprise history:
Arbor Realty Trust Price and EPS Surprise
Arbor Realty Trust Price and EPS Surprise | Arbor Realty Trust Quote
Let's see how things are shaping up prior to this announcement.
Factors to Consider
Over the past three years, Arbor Realty has focused on improving the stability and diversity of its income stream. Consequently, a significant portion of the company's income is contributed by gain on sale of loans and servicing (GSE), half of which are attributable to longer-duration servicing income. Arbor's earnings are now less dependent on revenues from loan portfolio and structured transactions. We expect these strategic moves to support the company's upcoming results.
Also, for third-quarter 2018, the Zacks Consensus Estimate for the company's interest income is pegged at $63 million and represents an impressive increase when compared with the interest income of $42 million recorded in the prior-year quarter.
Additionally, the company has decent access to capital markets. In July, it exchanged $230 million worth of convertible debt, carrying a blended rate of 5.86% for $245 million of new three-year convertible debt, at a fixed rate of 5.25%. This transaction reduced the company's interest cost and generated additional capital that can be used to fund future growth opportunities.
However, yield-curve flattening and escalating trade-war tensions have heightened concerns over global economies and acted as dampeners in the Sep-end quarter. Furthermore, a higher LIBOR rate is expected to have flared up the company's average cost of borrowings in third-quarter 2018. This may have hindered Arbor Realty's bottom-line growth during the Jul-Sep period.
Hence, there is lack of any solid catalyst prior to the third-quarter earnings release. As such, the Zacks Consensus Estimate of AFFO for the to-be-reported quarter remained unchanged at 36 cents, over the past month. Nonetheless, on account of continued robust growth in origination volumes and servicing portfolio, AFFO is projected to be up 44% year over year.
Earnings Whispers
Our proven model does not conclusively show that Arbor Realty is likely to beat estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or at least 3 (Hold) for this to happen. That is not the case here, as you will see below.
You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
Earning ESP : Arbor Realty's Earnings ESP is 0.00%.
Zacks Rank : The company currently carries a Zacks Rank of 3, which increases the predictive power of ESP. However, we also need a positive ESP to be confident of the earnings beat.
Stocks That Warrant a Look
Here are a few stocks in the REIT sector that you may want to consider, as our model shows that these have the right combination of elements to report a positive surprise this quarter:
Granite Point Mortgage Trust Inc. GPMT , slated to report third-quarter results on Nov 5, has an Earnings ESP of +1.7% and holds a Zacks Rank of 3. You can see the complete list of today's Zacks #1 Rank stocks here.
Hannon Armstrong Sustainable Infrastructure Capital, Inc HASI , set to release the Jul-Sep quarter figures on Nov 7, has an Earnings ESP of +7.69% and a Zacks Rank of 3.
Two Harbors Investments Corp TWO , scheduled to report quarterly numbers on Nov 6, has an Earnings ESP of +0.7% and carries a Zacks Rank of 2.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arbor Realty TrustABR is scheduled to report third-quarter 2018 results on Nov 2, before the market opens. Click to get this free report Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI): Free Stock Analysis Report Two Harbors Investments Corp (TWO): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Granite Point Mortgage Trust Inc. (GPMT): Free Stock Analysis Report To read this article on Zacks.com click here. Hannon Armstrong Sustainable Infrastructure Capital, Inc HASI , set to release the Jul-Sep quarter figures on Nov 7, has an Earnings ESP of +7.69% and a Zacks Rank of 3. | Click to get this free report Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI): Free Stock Analysis Report Two Harbors Investments Corp (TWO): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Granite Point Mortgage Trust Inc. (GPMT): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty TrustABR is scheduled to report third-quarter 2018 results on Nov 2, before the market opens. The graph below depicts this surprise history: Arbor Realty Trust Price and EPS Surprise Arbor Realty Trust Price and EPS Surprise | Arbor Realty Trust Quote Let's see how things are shaping up prior to this announcement. | Click to get this free report Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI): Free Stock Analysis Report Two Harbors Investments Corp (TWO): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Granite Point Mortgage Trust Inc. (GPMT): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty TrustABR is scheduled to report third-quarter 2018 results on Nov 2, before the market opens. The graph below depicts this surprise history: Arbor Realty Trust Price and EPS Surprise Arbor Realty Trust Price and EPS Surprise | Arbor Realty Trust Quote Let's see how things are shaping up prior to this announcement. | Arbor Realty TrustABR is scheduled to report third-quarter 2018 results on Nov 2, before the market opens. Click to get this free report Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI): Free Stock Analysis Report Two Harbors Investments Corp (TWO): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Granite Point Mortgage Trust Inc. (GPMT): Free Stock Analysis Report To read this article on Zacks.com click here. This transaction reduced the company's interest cost and generated additional capital that can be used to fund future growth opportunities. |
30159.0 | 2018-10-11 00:00:00 UTC | Validea John Neff Strategy Daily Upgrade Report - 10/11/2018 | ABR | https://www.nasdaq.com/articles/validea-john-neff-strategy-daily-upgrade-report-10112018-2018-10-11 | nan | nan | The following are today's upgrades for Validea's Low PE Investor model based on the published strategy of John Neff . This strategy looks for firms with persistent earnings growth that trade at a discount relative to their earnings growth and dividend yield.
DELUXE CORPORATION ( DLX ) is a mid-cap value stock in the Computer Services industry. The rating according to our strategy based on John Neff changed from 60% to 79% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Deluxe Corporation is a provider of payment solutions. The Company provides a suite of customer life cycle management solutions to its customers across multiple channels. The Company operates in three segments: Small Business Services segment, Financial Services segment and Direct Checks segment. The Company's product and service offerings consist of checks, forms and accessories, and other products. The forms offered by the Company include deposit tickets and check registers. Its accessories and other products include checkbook covers and stamps. The Small Business Services segment is a provider of printed forms to small businesses. The Financial Services segment provides products and services to financial institution clients and offers a suite of financial technology (FinTech) solutions. The Direct Checks segment is a direct-to-consumer check supplier. It also offers fraud protection and security services, online and offline payroll services, and electronic checks (e-checks).
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
ARBOR REALTY TRUST INC ( ABR ) is a small-cap value stock in the Construction Services industry. The rating according to our strategy based on John Neff changed from 60% to 79% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Arbor Realty Trust, Inc. is a real estate investment trust. The Company invests in a portfolio of structured finance assets in the multifamily and commercial real estate markets, primarily consisting of bridge and mezzanine loans, including junior participating interests in first mortgages, preferred and direct equity. Its segments include Structured Business and Agency Business. In addition, the Company may also directly acquire real property and invest in real estate-related notes and certain mortgage-related securities. It focuses on investment types, such as Bridge Financing, Mezzanine Financing, Junior Participation Financing and Preferred Equity Investments. It offers bridge financing products to borrowers, typically seeking short-term capital to use in an acquisition of property. It offers mezzanine financing in the form of loans that are subordinate to a conventional first mortgage loan and senior to the borrower's equity in a transaction.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
DISCOVER FINANCIAL SERVICES ( DFS ) is a large-cap value stock in the Consumer Financial Services industry. The rating according to our strategy based on John Neff changed from 62% to 81% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Discover Financial Services ( DFS ) is a direct banking and payment services company. The Company is a bank holding company, as well as a financial holding company. The Company operates through two segments: Direct Banking and Payment Services. It provides direct banking products and services, and payment services through its subsidiaries. It offers its customers credit card loans, private student loans, personal loans, home equity loans and deposit products. The Company's Direct Banking segment includes consumer banking and lending products, specifically Discover-branded credit cards issued to individuals and small businesses on the Discover Network and other consumer banking products and services. The Company's direct banking offers credit cards, student loans, personal loans, home equity loans, and other consumer lending and deposit products. The Payment Services segment includes PULSE, Diners Club and the Company's Network Partners business.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
EQT MIDSTREAM PARTNERS LP ( EQM ) is a mid-cap value stock in the Natural Gas Utilities industry. The rating according to our strategy based on John Neff changed from 58% to 77% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: EQT Midstream Partners, LP ( EQM ) owns, operates, acquires and develops midstream assets in the Appalachian Basin. The Company's segments include Gathering and Transmission. The Gathering segment primarily includes high pressure gathering lines and the Federal Energy Regulatory Commission (FERC)-regulated low pressure gathering system. Transmission includes EQM's FERC-regulated interstate pipeline and storage business. The Company's operations are primarily focused in southwestern Pennsylvania and northern West Virginia. As of December 31, 2016, the Company provided midstream services to EQT Corporation ( EQT ) and a range of third parties across 24 counties in Pennsylvania, West Virginia and Ohio through its two assets: the gathering system, which delivered natural gas from wells and other receipt points to transmission pipelines, and the transmission and storage system, which served as a header system transmission pipeline.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
Since its inception, Validea's strategy based on John Neff has returned -68.23% vs. 150.53% for the S&P 500. For more details on this strategy, click here
About John Neff : While known as the manager with whom many top managers entrusted their own money, Neff was far from the smooth-talking, high-profile Wall Streeter you might expect. He was mild-mannered and low-key, and the same might be said of the Windsor Fund that he managed for more than three decades. In fact, Neff himself described the fund as "relatively prosaic, dull, [and] conservative." There was nothing dull about his results, however. From 1964 to 1995, Neff guided Windsor to a 13.7 percent average annual return, easily outpacing the S&P 500's 10.6 percent return during that time. That 3.1 percentage point difference is huge over time -- a $10,000 investment in Windsor (with dividends reinvested) at the start of Neff's tenure would have ended up as more than $564,000 by the time he retired, more than twice what the same investment in the S&P would have yielded (about $233,000). Considering the length of his tenure, that track record may be the best ever for a manager of such a large fund.
About Validea : Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | For a full detailed analysis using NASDAQ's Guru Analysis tool, click here ARBOR REALTY TRUST INC ( ABR ) is a small-cap value stock in the Construction Services industry. The following are today's upgrades for Validea's Low PE Investor model based on the published strategy of John Neff . The Company invests in a portfolio of structured finance assets in the multifamily and commercial real estate markets, primarily consisting of bridge and mezzanine loans, including junior participating interests in first mortgages, preferred and direct equity. | For a full detailed analysis using NASDAQ's Guru Analysis tool, click here ARBOR REALTY TRUST INC ( ABR ) is a small-cap value stock in the Construction Services industry. The Company invests in a portfolio of structured finance assets in the multifamily and commercial real estate markets, primarily consisting of bridge and mezzanine loans, including junior participating interests in first mortgages, preferred and direct equity. The Company's direct banking offers credit cards, student loans, personal loans, home equity loans, and other consumer lending and deposit products. | For a full detailed analysis using NASDAQ's Guru Analysis tool, click here ARBOR REALTY TRUST INC ( ABR ) is a small-cap value stock in the Construction Services industry. The Company operates in three segments: Small Business Services segment, Financial Services segment and Direct Checks segment. Company Description: Discover Financial Services ( DFS ) is a direct banking and payment services company. | For a full detailed analysis using NASDAQ's Guru Analysis tool, click here ARBOR REALTY TRUST INC ( ABR ) is a small-cap value stock in the Construction Services industry. The Company's product and service offerings consist of checks, forms and accessories, and other products. The Company operates through two segments: Direct Banking and Payment Services. |
30160.0 | 2018-10-03 00:00:00 UTC | Wasatch Small Cap Value Joins Kiplinger 25 | ABR | https://www.nasdaq.com/articles/wasatch-small-cap-value-joins-kiplinger-25-2018-10-03 | nan | nan | We don't remove funds from the Kiplinger 25 lightly. But after struggling since late 2014, Homestead Small Company Stock ( HSCSX ) is out. To be fair, shares in small firms were lackluster for part of that period. But even as small-cap stocks have recovered, Small Company Stock has lagged its peers. It's time for a change.
See Also: 20 Best Small-Cap Dividend Stocks to Buy
In its place, we're adding Wasatch Small Cap Value ( WMCVX . Manager Jim Larkins has been with the fund since it launched in 1997, first as an analyst and as the manager since 1999. (The fund, in fact, was partly his idea.) Since he was named manager, Small Company Value has returned an annualized 12.5%. The Russell 2000 index, which tracks small-company stocks, has returned 8.7% annualized over the same period.
Small Cap Value is a departure for Wasatch, best known for investing in fast-growing firms rather than in firms with bargain-priced shares. Larkins piggybacks on the firm's detailed research on high-quality growth stocks. When a good one falters, he swoops in and buys it at a discount. "Even the best firms spend some time in the value woodshed," he says. Larkins calls Small Cap Value a "fallen angel" fund.
Roughly 50 stocks fill the portfolio. Some names have been in the fund for years, though the number of shares may change as stock prices rise or fall.
Knight Transportation, for instance, is a 20-year holding. Last year, Larkins sold some shares as excitement grew about the trucking company's merger with Swift, a competitor. This year, Larkins added to his holdings in the new firm, Knight-Swift Transportation Holdings ( KNX ), after its shares tumbled. Revenues had dropped because the firm is having problems hiring enough drivers. Wall Street, says Larkins, "is overly concerned about a temporary bump in the road."
Lately, Larkins has been getting a little more defensive. He added to existing holdings in Arbor Realty Trust ( ABR ) and National Storage Affiliates Trust ( NSA ), two real estate investment trusts that he calls "income proxies" because they typically pay out at least 90% of their earnings as dividends. REITs, which tend to suffer when interest rates rise, have been shunned by many investors this year. "We're kissing some frogs to find a handsome prince that can deliver some stability in volatile times," says Larkins.
See Also: The 25 Best Low-Fee Mutual Funds You Can Buy
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | He added to existing holdings in Arbor Realty Trust ( ABR ) and National Storage Affiliates Trust ( NSA ), two real estate investment trusts that he calls "income proxies" because they typically pay out at least 90% of their earnings as dividends. Some names have been in the fund for years, though the number of shares may change as stock prices rise or fall. Last year, Larkins sold some shares as excitement grew about the trucking company's merger with Swift, a competitor. | He added to existing holdings in Arbor Realty Trust ( ABR ) and National Storage Affiliates Trust ( NSA ), two real estate investment trusts that he calls "income proxies" because they typically pay out at least 90% of their earnings as dividends. See Also: 20 Best Small-Cap Dividend Stocks to Buy In its place, we're adding Wasatch Small Cap Value ( WMCVX . Since he was named manager, Small Company Value has returned an annualized 12.5%. | He added to existing holdings in Arbor Realty Trust ( ABR ) and National Storage Affiliates Trust ( NSA ), two real estate investment trusts that he calls "income proxies" because they typically pay out at least 90% of their earnings as dividends. Small Cap Value is a departure for Wasatch, best known for investing in fast-growing firms rather than in firms with bargain-priced shares. Some names have been in the fund for years, though the number of shares may change as stock prices rise or fall. | He added to existing holdings in Arbor Realty Trust ( ABR ) and National Storage Affiliates Trust ( NSA ), two real estate investment trusts that he calls "income proxies" because they typically pay out at least 90% of their earnings as dividends. Since he was named manager, Small Company Value has returned an annualized 12.5%. Some names have been in the fund for years, though the number of shares may change as stock prices rise or fall. |
30161.0 | 2018-09-10 00:00:00 UTC | 3 Cheap Stocks Under $20 | ABR | https://www.nasdaq.com/articles/3-cheap-stocks-under-20-2018-09-10 | nan | nan | InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Oftentimes, high-ball stocks tend to steal more headlines than picks with single-digit prices. When a stock is nearing the $100 or $1,000 mark, it gets investors excited - just as the $1 trillion mark does for market cap. But the share price of a stock arguably only matters relative to, well, its own past or future.
The main exceptions are penny stocks or stocks that are low-priced and also extremely low-volume. In those cases, the share price is reflective of a broader situation that does add risk to the investment.
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But plenty of well-established and growing companies are cheap stocks, with share prices under $20. Here are there to consider adding your portfolio.
Cheap Stocks Under $20: Sirius XM (SIRI)
Source: Vinod Sankar via Flickr
When it comes to cheap stocks, Sirius XM (NASDAQ: SIRI ) simply cannot be ignored. And it's not just because shares have been moving steadily higher since the Great Recession, including gains of over 30% in 2018 alone. My bull case is a bit more theoretical - though there are plenty of metrics to serve as the cherry on top.
While the music industry is generally thought of as intensely competitive, that's really the case for on-demand options- Spotify (NYSE: SPOT ), Apple (NASDAQ: AAPL ) Music, Tidal and so on. But on-demand everything can wear consumers out. Thus, I believe more and more consumers are going to opt for an option like Sirius XM, where you get the curation of a radio station without the commercials.
Plus, Sirius XM has a built-in pipeline for new customers through the auto industry and a monopoly on satellite radio. In the most recent quarter, SIRI netted 483,000 self-pay customers with a lowest-ever churn rate of 1.6%, according to its earnings release . Looking forward, earnings are expected to expand by more than 20% annually.
And shares are trading for just $7 a pop.
Cheap Stocks Under $20: Arbor Realty Trust (ABR)
Source: Shutterstock
Arbor Realty Trust (NYSE: ABR ) is a REIT and, in turn, boasts a mouth-watering yield. Right now, the forward yield is over 8% - and that's after a year-to-date climb of more than 40% that brought shares to $12 each.
The real estate lender is based on New York and focuses on multifamily and commercial real estate. In fact, it's one of the top multifamily vendors by volume. Multifamily assets make up 73% of its portfolio. The company has revenue growth of over 30% on-tap and comes with a reasonable PEG just above 1.
7 Straight-A Consumer Stocks to Buy
If you're looking for a cheap stock under $20, it's hard to beat one that comes with such guaranteed income. While this year's gains aren't the norm for the company, it more or less moved sideways before that. That's not a bad baseline for an 8% annual payout.
Cheap Stocks Under $20: Cision (CISN)
Source: Shutterstock
You may not have ever heard of Cision (NYSE: CISN ), but anyone who works in public relations or marketing has - and may even refer to it as their best friend. Cision's software helps companies monitor media coverage and journalists, among other things. So far this year, CISN stock has gained almost 50%, putting shares just below our "cheap stocks" benchmark of $20.
But investors can expect growth to continue. Annual earnings growth for the next five years is expected to be an impressive 43%, which is especially appealing compared to the stock's forward P/E of 18. Of course, it's important to the note that company only posts profits in its adjusted numbers. But in the most recent quarter, the net loss still decreased by 66%.
Communications is a growing industry, and public relations are ever important as we have more screens and information and at our fingertips. This is true beyond America, as evidenced by Cision's strong growth in emerging markets. For $17 a share, I think CISN is a great buy.
As of this writing, Robert Martin did not hold a position in any of the aforementioned securities.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Cheap Stocks Under $20: Arbor Realty Trust (ABR) Source: Shutterstock Arbor Realty Trust (NYSE: ABR ) is a REIT and, in turn, boasts a mouth-watering yield. Plus, Sirius XM has a built-in pipeline for new customers through the auto industry and a monopoly on satellite radio. In the most recent quarter, SIRI netted 483,000 self-pay customers with a lowest-ever churn rate of 1.6%, according to its earnings release . | Cheap Stocks Under $20: Arbor Realty Trust (ABR) Source: Shutterstock Arbor Realty Trust (NYSE: ABR ) is a REIT and, in turn, boasts a mouth-watering yield. Cheap Stocks Under $20: Sirius XM (SIRI) Source: Vinod Sankar via Flickr When it comes to cheap stocks, Sirius XM (NASDAQ: SIRI ) simply cannot be ignored. Cheap Stocks Under $20: Cision (CISN) Source: Shutterstock You may not have ever heard of Cision (NYSE: CISN ), but anyone who works in public relations or marketing has - and may even refer to it as their best friend. | Cheap Stocks Under $20: Arbor Realty Trust (ABR) Source: Shutterstock Arbor Realty Trust (NYSE: ABR ) is a REIT and, in turn, boasts a mouth-watering yield. 15 Tech Stocks to Buy Amid Fears of a Trade War With China But plenty of well-established and growing companies are cheap stocks, with share prices under $20. Cheap Stocks Under $20: Sirius XM (SIRI) Source: Vinod Sankar via Flickr When it comes to cheap stocks, Sirius XM (NASDAQ: SIRI ) simply cannot be ignored. | Cheap Stocks Under $20: Arbor Realty Trust (ABR) Source: Shutterstock Arbor Realty Trust (NYSE: ABR ) is a REIT and, in turn, boasts a mouth-watering yield. Cheap Stocks Under $20: Cision (CISN) Source: Shutterstock You may not have ever heard of Cision (NYSE: CISN ), but anyone who works in public relations or marketing has - and may even refer to it as their best friend. So far this year, CISN stock has gained almost 50%, putting shares just below our "cheap stocks" benchmark of $20. |
30162.0 | 2018-08-13 00:00:00 UTC | Arbor Realty Trust (ABR) Ex-Dividend Date Scheduled for August 14, 2018 | ABR | https://www.nasdaq.com/articles/arbor-realty-trust-abr-ex-dividend-date-scheduled-august-14-2018-2018-08-13 | nan | nan | Arbor Realty Trust ( ABR ) will begin trading ex-dividend on August 14, 2018. A cash dividend payment of $0.25 per share is scheduled to be paid on August 31, 2018. Shareholders who purchased ABR prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 38.89% increase over prior dividend payment. At the current stock price of $11.44, the dividend yield is 8.74%.
The previous trading day's last sale of ABR was $11.44, representing a -3.13% decrease from the 52 week high of $11.81 and a 45.18% increase over the 52 week low of $7.88.
ABR is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). ABR's current earnings per share, an indicator of a company's profitability, is $1.24. Zacks Investment Research reports ABR's forecasted earnings growth in 2018 as 12.5%, compared to an industry average of 1.2%.
For more information on the declaration, record and payment dates, visit the ABR Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to ABR through an Exchange Traded Fund [ETF]?
The following ETF(s) have ABR as a top-10 holding:
VanEck Vectors Mortgage REIT Income ETF ( MORT )
iShares Trust ( REM )
USAA MSCI USA Small Cap Value Momentum Blend Index ETF ( USVM ).
The top-performing ETF of this group is USVM with an increase of 9.05% over the last 100 days. MORT has the highest percent weighting of ABR at 2.21%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Shareholders who purchased ABR prior to the ex-dividend date are eligible for the cash dividend payment. ABR is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). Zacks Investment Research reports ABR's forecasted earnings growth in 2018 as 12.5%, compared to an industry average of 1.2%. | The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Arbor Realty Trust ( ABR ) will begin trading ex-dividend on August 14, 2018. Shareholders who purchased ABR prior to the ex-dividend date are eligible for the cash dividend payment. | Shareholders who purchased ABR prior to the ex-dividend date are eligible for the cash dividend payment. For more information on the declaration, record and payment dates, visit the ABR Dividend History page. The following ETF(s) have ABR as a top-10 holding: VanEck Vectors Mortgage REIT Income ETF ( MORT ) iShares Trust ( REM ) USAA MSCI USA Small Cap Value Momentum Blend Index ETF ( USVM ). | ABR's current earnings per share, an indicator of a company's profitability, is $1.24. Arbor Realty Trust ( ABR ) will begin trading ex-dividend on August 14, 2018. Shareholders who purchased ABR prior to the ex-dividend date are eligible for the cash dividend payment. |
30163.0 | 2018-08-10 00:00:00 UTC | 10 Income-Increasing REITs to Buy | ABR | https://www.nasdaq.com/articles/10-income-increasing-reits-to-buy-2018-08-10 | nan | nan | InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Real estate investment trusts (REITs) come in all shapes and sizes these days.
But the one thing that they have in common is they all pay out 90% of their taxable income as dividends to shareholders. Traditionally, that has meant, as rents go up, dividends go up.
Nowadays, that isn't always the case since a lot of companies that have chosen REIT status don't necessarily focus on the lease or rent aspect of the real estate business. We'll discuss some of the best below.
But at the end of day, REITs are about income. And that means they're long-term holdings, not trades. There's no point in buying an income stock for the short term. You buy them with the expectation that they will grow and their dividends will grow as well.
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Below are 10 income-increasing REITs you can buy now to boost your income for years to come.
Income-Increasing REITs to Buy: Community Healthcare (CHCT)
Source: Shutterstock
Dividend Yield: 5%
Community Healthcare Trust Inc (NYSE: CHCT ) is in one of the hottest real estate sectors there is today - healthcare.
CHCT leases its properties to hospitals, doctors, healthcare systems and healthcare service providers. This has become a booming business as healthcare systems have been burdened by the transition to electronic records, as well as the challenges of running for-profit operations.
The last thing most healthcare organizations need is to be property managers on top of being healthcare professionals.
CHCT is small, operating with a $576 million market cap. But the stock is up around 30% in the past year and is still delivering a 5% dividend. It's doing well and is also a tempting takeover target.
Income-Increasing REITs to Buy: Arbor Realty Trust (ABR)
Source: 401(K) 2012 via Flickr (Modified)
Dividend Yield: 8.7%
Arbor Realty Trust (NYSE: ABR ) is one of those newer REITs that doesn't actually own properties. It finances properties for multifamily homes, healthcare, senior housing and other specialty ventures.
Technically, ABR could hold CHCT loans. And both are separate REITs.
The fact is, ABR is smack dab in the middle of gigantic long-term trend, the graying of America. More seniors are downsizing, and either moving into smaller homes or looking at assisted living facilities. And as they age, they are going to require more medical treatment and observation.
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ABR has all its bases covered. Up nearly 40% in the past 12 months, and still throwing off a substantial 8.7% dividend, its still only trading a price-to-earnings ratio of around 9.
Income-Increasing REITs to Buy: STORE Capital (STOR)
Source: Shutterstock
Dividend Yield: 4.4%
STORE Capital Corporation (NYSE: STOR ) is another unique REIT, but it does hold property. It just goes about working with its tenants in somewhat unique way.
STOR is a net-lease firm that specializes in working with companies that are real estate intensive. For example, large restaurant chains or large standalone stores or business offices.
Net-lease firms means that instead of paying a flat rent to STOR, they pay rent net property tax, building insurance and maintenance. This is more advantageous to some large businesses because they scale differently than other businesses.
STOR recently caught the eye of uber-investor Warren Buffett who recently took a stake in the company.
The stock delivers a 4.4% dividend and is up 19% in the past year.
Income-Increasing REITs to Buy: Manhattan Bridge Capital (LOAN)
Source: Shutterstock
Dividend Yield: 7.1%
Manhattan Bridge Capital (NASDAQ: LOAN ) is about the most targeted REIT of the bunch. Its sole focus is on originating, servicing and managing a portfolio of first mortgages for Manhattan properties in New York City.
Given its focused business model, you really have to make sure that the Big Apple is in good shape and the broader economy will support growth on the island. That is happening now.
It's also a good sign that the stock market continues to grow and that global growth is also showing signs that it is reviving for the long term.
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To keep investors interested, LOAN offers a healthy 7.1% dividend, which combined with a 20% return on the stock in the past year, makes for a solid total-return play. Just remember, it has a $64 million market cap, so it can be a bit volatile if rates change or the economy shifts.
Income-Increasing REITs to Buy: CubeSmart (CUBE)
Source: Shutterstock
Dividend Yield: 3.9%
CubeSmart (NYSE: CUBE ) is in the storage business. This was a huge growth industry a few years after the financial meltdown, as people were moving wherever there was opportunity and had to put their belongings in storage until they could actually settle down.
CUBE has over 1,000 storage facilities across the country. It's a relative newcomer to the game, only launching in 2004, but it was ideal timing to be sure. Now, the company has a $5 billion market cap.
Now that we've passed the boom cycle for individuals, the stock has stabilized. Although a 25% return in the past year and a 3.9% dividend on top of that still has enough growth and income to satisfy most conservative investors.
Income-Increasing REITs to Buy: New Residential Investment Corp (NRZ)
Source: Shutterstock
Dividend Yield: 11%
New Residential Investment Corp (NYSE: NRZ ) is another interesting REIT that doesn't actually own properties, instead servicing the mortgages behind residential properties.
There are parts of a mortgage contract called Mortgage Servicing Rights (MSRs). An MSR provides a mortgage servicer with the right to service a pool of mortgage loans in exchange for a fee.
About 75% of MSRs are held by banks. But most banks aren't interested in this aspect of servicing mortgages because of new banking regulations. The more MSRs they hold, the higher their reserve requirements and the less money they can put back into investments.
NRZ is going after MSRs. They're a steady stream of income as long as the housing markets are stable to growing. And higher interest rates and home values will even help boost MSRs' value.
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NRZ has a $6 billion market cap, so it's not hanging on by its teeth. And it's delivering a whopping 11% dividend. The may only be up 8.5% in the past year, but that dividend certainly makes for an impressive total return.
Income-Increasing REITs to Buy: Ladder Capital (LADR)
Source: Yuriy Trubitsyn via Unsplash
Ladder Capital Corp (NYSE: LADR ) focuses on financing for commercial properties. And this is a very good time to be in this sector.
Commercial development generally runs in multiyear cycles and we're starting a new upswing.
For example, as we've witnessed the death of shopping malls and large department stores as online retail has made its presence known, that means these properties will be reimagined and redeveloped. The same goes for strip malls.
Brick and mortar is not dead in the retail sector, just changing. And new companies that are coming from the new economy are also looking to build offices in new locales. Established companies also see this as a time to look at rebuilding now that rates are still low and business is expanding.
LADR delivers a 7.7% dividend and has posted a 24% 12-month return yet still has a PE of 10.
Income-Increasing REITs to Buy: National Storage Affiliates (NSA)
Source: Shutterstock
Dividend Yield: 4.1%
National Storage Affiliates Trust (NYSE: NSA ) is another relatively recent addition to the REIT self-storage sector. NSA started in 2013, buying up smaller storage companies within the top 100 metropolitan areas in the U.S.
By focusing on the larger areas, NSA has the best chance to capture the most traffic in the self-storage industry. Remember, people and companies are far more mobile than they were years ago.
With so much information stored in the cloud or in data farms, moving to opportunities both commercially or personally remains a key trend of the current economy.
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Also, moving out of big cities into smaller towns also is a trend for professionals that are no longer tied to an office.
Up nearly 30% in the past 12 months, NSA is still delivering a 4.1% dividend.
Income-Increasing REITs to Buy: Life Storage (LSI)
Life Storage (NYSE: LSI ) has been around since the mid-1980s when it was called Sovran Self Storage and was branded Uncle Bob's Self Storage. It initially focused on self-storage units up and down the East Coast.
By the '90s, it was also in Texas. And by the beginning of the 2000s it was in 21 states. Now, LSI has more than 700 facilities in 28 states, from the Pacific Ocean to the Atlantic Ocean.
As long as mobility is a top priority for Americans, self storage will be a significant business. LSI has $4.5 billion market cap and continues to grow. In the past 12 months LSI stock is up 35% and it provides 4% as well.
Income-Increasing REITs to Buy: Innovative Industrial Properties (IIPR)
Source: Shutterstock
Innovative Industrial Properties (NYSE: IIPR ) is the most unique REIT of the bunch.
IIPR owns and manages industrial properties that are leased to state-licensed operators of medical marijuana facilities.
This is an interesting play on the growing cannabis industry. As more states legalize either medical marijuana or all forms of cannabis, growers will have to meet demand, just like in any industry.
There will be a need for scalability, standardization and quality control. And that will come down to companies that are already focused on that end of the business. IIPR has the experience to take advantage of a burgeoning opportunity.
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IIPR is up 98% in the past year as the cannabis stock hype continues, but it has the legs to establish itself as a premier pot REIT.
Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor , Breakthrough Stocks , Accelerated Profits and Platinum Growth . His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com . Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters.
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The post 10 Income-Increasing REITs to Buy appeared first on InvestorPlace .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Income-Increasing REITs to Buy: Arbor Realty Trust (ABR) Source: 401(K) 2012 via Flickr (Modified) Dividend Yield: 8.7% Arbor Realty Trust (NYSE: ABR ) is one of those newer REITs that doesn't actually own properties. Technically, ABR could hold CHCT loans. The fact is, ABR is smack dab in the middle of gigantic long-term trend, the graying of America. | Income-Increasing REITs to Buy: Arbor Realty Trust (ABR) Source: 401(K) 2012 via Flickr (Modified) Dividend Yield: 8.7% Arbor Realty Trust (NYSE: ABR ) is one of those newer REITs that doesn't actually own properties. Technically, ABR could hold CHCT loans. The fact is, ABR is smack dab in the middle of gigantic long-term trend, the graying of America. | Income-Increasing REITs to Buy: Arbor Realty Trust (ABR) Source: 401(K) 2012 via Flickr (Modified) Dividend Yield: 8.7% Arbor Realty Trust (NYSE: ABR ) is one of those newer REITs that doesn't actually own properties. Technically, ABR could hold CHCT loans. The fact is, ABR is smack dab in the middle of gigantic long-term trend, the graying of America. | Income-Increasing REITs to Buy: Arbor Realty Trust (ABR) Source: 401(K) 2012 via Flickr (Modified) Dividend Yield: 8.7% Arbor Realty Trust (NYSE: ABR ) is one of those newer REITs that doesn't actually own properties. Technically, ABR could hold CHCT loans. The fact is, ABR is smack dab in the middle of gigantic long-term trend, the graying of America. |
30164.0 | 2018-08-06 00:00:00 UTC | Arbor Realty’s Near-9% Dividend Will Keep You Above Water | ABR | https://www.nasdaq.com/articles/arbor-realtys-near-9-dividend-will-keep-you-above-water-2018-08-06 | nan | nan | InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Arbor Realty Trust (NYSE: ABR ) is a real estate investment trust (REIT) that is seeing a lot of interest in 2018. ABR stock is up 36% year to date and 42% for the past 12 months. That shows how much of a difference there is between last year and this year.
Last year, most of the worries in the real estate sector were about how fast the Federal Reserve would raise rates and how strong the economy was. The concern was, if the Fed raised rates too aggressively, it would kill the economic recovery and real estate would wither.
But the major corporate tax cut and solid earnings and economic numbers have given the real estate sector some optimism. On the residential side, housing demand is outstripping supply, so prices are rising. That's good for sellers, but this will end up being a challenge as prospective buyers are paying more for mortgage rates as well as houses.
The Strength of ABR Stock
This doesn't matter to ABR because it focuses on commercial real estate. But it gets even better. ABR doesn't own the properties but originates commercial loans for multifamily housing, senior housing, healthcare and other commercial projects.
10 Lithium Stocks to Buy Despite the Market's Irrationality
As an REIT, its shareholders are viewed as owners and 90% of its income has to be distributed to its owners. Like most REITs, ABR does this by distributing the income via a dividend.
And it's a very nice dividend - currently it's sitting around 8.5%.
So, the stock is up more than 30% in 2018 and you get an 8.5%-plus dividend. That is some pretty solid performance from any stock, much less a button-downed REIT.
And the thing is, the economy is moving in ABR's direction. The sectors it focuses its business in have significant long-term potential. The multifamily housing sector is growing because millennials are carrying a lot of student debt, so they don't have the savings or cash flow to buy a home as soon as earlier generations could.
Also, having grown up in the middle of the financial crisis, they saw that the long-held belief that houses were a great store of wealth was as much as illusion as anything else. Renting and enjoying life have become bigger priorities.
Senior housing is a megatrend. Even if you consider that baby boomers can access more home healthcare, the fact is, their houses get too big and their expenses become too high. Downsizing into a senior community is becoming a much more popular choice. Building and expanding these services will continue for decades.
Healthcare properties are seeing a boom as hospitals and healthcare insurance firms are seeing the value in decentralizing operations and building focused treatment facilities that can be more efficiently managed.
And to top it all off, as interest begins to rise, ABR will be able to leverage its lending even more, especially as the economy continues to improve.
Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor , Breakthrough Stocks , Accelerated Profits and Platinum Growth . His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com . Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters.
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The post Arbor Realty's Near-9% Dividend Will Keep You Above Water appeared first on InvestorPlace .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | InvestorPlace - Stock Market News, Stock Advice & Trading Tips Arbor Realty Trust (NYSE: ABR ) is a real estate investment trust (REIT) that is seeing a lot of interest in 2018. ABR stock is up 36% year to date and 42% for the past 12 months. The Strength of ABR Stock This doesn't matter to ABR because it focuses on commercial real estate. | InvestorPlace - Stock Market News, Stock Advice & Trading Tips Arbor Realty Trust (NYSE: ABR ) is a real estate investment trust (REIT) that is seeing a lot of interest in 2018. ABR doesn't own the properties but originates commercial loans for multifamily housing, senior housing, healthcare and other commercial projects. ABR stock is up 36% year to date and 42% for the past 12 months. | InvestorPlace - Stock Market News, Stock Advice & Trading Tips Arbor Realty Trust (NYSE: ABR ) is a real estate investment trust (REIT) that is seeing a lot of interest in 2018. The Strength of ABR Stock This doesn't matter to ABR because it focuses on commercial real estate. ABR stock is up 36% year to date and 42% for the past 12 months. | The Strength of ABR Stock This doesn't matter to ABR because it focuses on commercial real estate. ABR doesn't own the properties but originates commercial loans for multifamily housing, senior housing, healthcare and other commercial projects. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Arbor Realty Trust (NYSE: ABR ) is a real estate investment trust (REIT) that is seeing a lot of interest in 2018. |
30165.0 | 2018-07-18 00:00:00 UTC | Financial Sector Update for 07/18/2018: USB,MS,ABR | ABR | https://www.nasdaq.com/articles/financial-sector-update-07182018-usbmsabr-2018-07-18 | nan | nan | Top Financial Stocks
JPM +1.05%
BAC +0.60%
WFC +0.04%
C +0.87%
USB -0.42%
Financial stocks were sharply higher Wednesday afternoon, with the NYSE Financial Index rising almost 0.8% while shares of financial companies in the S&P 500 index racing to a more than 1.5% gain. The Philadelphia Housing Index was little changed, rising less than 0.1% in recent trading.
In economic news:
Federal Reserve chairman Jerome Powell returned to Congress Wednesday for the second day of his semi-annual remarks on domestic and international economic conditions. Powell helped ignite a turnaround for stocks on Tuesday when he said the central bank was willing to slow its current program of periodic interest-rate increases if conditions warrant. The Fed also is scheduled to issue the latest version of its Beige Book summary of economic activity nationally as well as in its 12 member districts at 2 p.m. ET.
Earlier, data showed housing starts unexpectedly fell during June, dropping 12.3% from the prior month to a seasonally adjusted, annualized pace of 1.173 million starts compared with a downwardly revised 1.337 million yearly rate and lagging the consensus view expecting a 1.32 million annual pace. Contractors pulled 2.2% fewer building permits last month from May's permit activity, posting a 1.273 million annualized pace and trailing the 1.329 million consensus call. Builders said a lack of available properties along with not enough construction workers were significant factors in the June declines.
Among financial stocks moving on news:
- US Bancorp ( USB ) was less than 1% lower on Wednesday, shaving roughly two-thirds of a nearly 2% decline after the bank and financial services company missed analyst forecasts with its Q2 revenue. Revenue rose to $5.61 billion during the three months ended June 30 compared with $5.40 million in the year-ago period but still lagged the Capital IQ consensus by $30 million. Net income rose to $1.02 per share from $0.85 per share during the same quarter last year and beat the Street view by $0.02 per share.
In other sector news:
- Morgan Stanley ( MS ) advanced Wednesday, climbing as much as 5%, after the bank reported Q2 net income and revenue exceeding Wall Street estimates, supported by strong trading activity and its wealth management unit. The investment banker earned $1.30 per share, topping the analyst mean by $0.19 per share. Revenue grew to $10.6 billion from $9.5 billion last year and also topping the $10.1 billion analyst mean. Morgan Stanley also increased its quarterly dividend by $0.05 per share over its previous distribution to shareholders to $0.30 per share, payable August 15 to shareholders of record on July 31. It also used about $1.25 billion to reacquire around 24 million shares of its common stock during the quarter and the company's board authorized a new, $4.7 billion stock buyback program running through June 30, 2019.
- Arbor Realty Trust ( ABR ) fell as much as 4% on Wednesday after the real estate investment trust priced a $130 million private placement of 5.25% convertible senior notes maturing in 2021. Initial purchasers also received a 30-day option to buy up to $19.5 million more of the notes. Arbor will use net proceed from the offering to repay existing debt.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | - Arbor Realty Trust ( ABR ) fell as much as 4% on Wednesday after the real estate investment trust priced a $130 million private placement of 5.25% convertible senior notes maturing in 2021. Powell helped ignite a turnaround for stocks on Tuesday when he said the central bank was willing to slow its current program of periodic interest-rate increases if conditions warrant. The Fed also is scheduled to issue the latest version of its Beige Book summary of economic activity nationally as well as in its 12 member districts at 2 p.m. | - Arbor Realty Trust ( ABR ) fell as much as 4% on Wednesday after the real estate investment trust priced a $130 million private placement of 5.25% convertible senior notes maturing in 2021. Earlier, data showed housing starts unexpectedly fell during June, dropping 12.3% from the prior month to a seasonally adjusted, annualized pace of 1.173 million starts compared with a downwardly revised 1.337 million yearly rate and lagging the consensus view expecting a 1.32 million annual pace. Contractors pulled 2.2% fewer building permits last month from May's permit activity, posting a 1.273 million annualized pace and trailing the 1.329 million consensus call. | - Arbor Realty Trust ( ABR ) fell as much as 4% on Wednesday after the real estate investment trust priced a $130 million private placement of 5.25% convertible senior notes maturing in 2021. Financial stocks were sharply higher Wednesday afternoon, with the NYSE Financial Index rising almost 0.8% while shares of financial companies in the S&P 500 index racing to a more than 1.5% gain. Earlier, data showed housing starts unexpectedly fell during June, dropping 12.3% from the prior month to a seasonally adjusted, annualized pace of 1.173 million starts compared with a downwardly revised 1.337 million yearly rate and lagging the consensus view expecting a 1.32 million annual pace. | - Arbor Realty Trust ( ABR ) fell as much as 4% on Wednesday after the real estate investment trust priced a $130 million private placement of 5.25% convertible senior notes maturing in 2021. In economic news: Federal Reserve chairman Jerome Powell returned to Congress Wednesday for the second day of his semi-annual remarks on domestic and international economic conditions. Net income rose to $1.02 per share from $0.85 per share during the same quarter last year and beat the Street view by $0.02 per share. |
30166.0 | 2018-07-18 00:00:00 UTC | Financial Sector Update for 07/18/2018: USB, MS, ABR | ABR | https://www.nasdaq.com/articles/financial-sector-update-07182018-usb-ms-abr-2018-07-18 | nan | nan | Top Financial Shares:
JPM: flat
BAC: flat
WFC: +0.1%
C: -0.4%
USB: +1.0%
Financial shares were higher in pre-market trading on Wednesday.
On theeconomic calendarare housing starts at 8:30 am. At 2 pm, the Federal Reserve releases the Beige Book, a round-up of economic conditions in the 12 Fed districts.
Expected movers:
- US Bancorp ( USB ): tops Q2 EPS views on shy revenue
- Morgan Stanley ( MS ): reports better-than-expected earnings, revenue on strong trading, wealth management
- Arbor Realty Trust ( ABR ): prices $130 million notes offering
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Expected movers: - US Bancorp ( USB ): tops Q2 EPS views on shy revenue - Morgan Stanley ( MS ): reports better-than-expected earnings, revenue on strong trading, wealth management - Arbor Realty Trust ( ABR ): prices $130 million notes offering The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Financial shares were higher in pre-market trading on Wednesday. At 2 pm, the Federal Reserve releases the Beige Book, a round-up of economic conditions in the 12 Fed districts. | Expected movers: - US Bancorp ( USB ): tops Q2 EPS views on shy revenue - Morgan Stanley ( MS ): reports better-than-expected earnings, revenue on strong trading, wealth management - Arbor Realty Trust ( ABR ): prices $130 million notes offering The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Top Financial Shares: JPM: flat BAC: flat The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Expected movers: - US Bancorp ( USB ): tops Q2 EPS views on shy revenue - Morgan Stanley ( MS ): reports better-than-expected earnings, revenue on strong trading, wealth management - Arbor Realty Trust ( ABR ): prices $130 million notes offering The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. At 2 pm, the Federal Reserve releases the Beige Book, a round-up of economic conditions in the 12 Fed districts. Unauthorized reproduction is strictly prohibited. | Expected movers: - US Bancorp ( USB ): tops Q2 EPS views on shy revenue - Morgan Stanley ( MS ): reports better-than-expected earnings, revenue on strong trading, wealth management - Arbor Realty Trust ( ABR ): prices $130 million notes offering The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Top Financial Shares: JPM: flat BAC: flat Financial shares were higher in pre-market trading on Wednesday. |
30167.0 | 2018-07-18 00:00:00 UTC | Financial Sector Update for 07/18/2018: WTFC,USB,MS,ABR | ABR | https://www.nasdaq.com/articles/financial-sector-update-07182018-wtfcusbmsabr-2018-07-18 | nan | nan | Top Financial Stocks
JPM +0.70%
BAC +0.43%
WFC -0.11%
C +0.78%
USB -1.18%
Financial stocks were sharply higher Wednesday afternoon, with the NYSE Financial Index rising almost 0.8% while shares of financial companies in the S&P 500 index racing to a more than 1.4% gain. The Philadelphia Housing Index was slightly higher, rising more than 0.2% in late trading.
In economic news:
Federal Reserve chairman Jerome Powell returned to Congress Wednesday for the second day of his semi-annual remarks on domestic and international economic conditions. Powell helped ignite a turnaround for stocks on Tuesday when he said the central bank was willing to slow its current program of periodic interest-rate increases if conditions warrant. The Fed also issued the latest version of its Beige Book summary of economic activity nation-wide, finding "modest" increases in prices and wages in all 12 of its member districts but also hearing worries over the impact of the brewing trade war on future economic growth.
Also, housing starts unexpectedly fell during June, dropping 12.3% from the prior month to a seasonally adjusted, annualized pace of 1.173 million starts compared with a downwardly revised 1.337 million yearly rate and also lagging the consensus view expecting a 1.32 million annual pace. Contractors pulled 2.2% fewer building permits last month from May's permit activity, posting a 1.273 million annualized pace and trailing the 1.329 million consensus call. Builders said a lack of available properties along with not enough construction workers were significant factors in the June declines.
Among financial stocks moving on news:
+ Wintrust Financial Corp ( WTFC ) was just over 3% higher late Wednesday, giving back less than a quarter of its day's-best 4% rise after reporting Q2 net income and revenue beating Wall Street expectations. It earned $1.53 per share during the three months ended June 30, up from $1.11 per share for the community bank and wealth management company during the same quarter last year and topping the Capital IQ consensus looking for a $1.44 per share profit during the April-to-June reporting period. Net revenue grew to $333.4 million during the quarter from $294.4 million in the year-ago period, also exceeding the $326.85 million analyst mean.
In other sector news:
+ Morgan Stanley ( MS ) advanced Wednesday, climbing as much as 5%, after reporting Q2 net income and revenue exceeding Wall Street estimates supported by strong trading activity and its wealth management unit. The investment banker earned $1.30 per share, topping the analyst mean by $0.19 per share. Revenue grew to $10.6 billion from $9.5 billion last year and also topping the $10.1 billion analyst mean. Morgan Stanley also increased its quarterly dividend by $0.05 per share over its previous distribution to shareholders to $0.30 per share, payable August 15 to shareholders of record on July 31. It also used about $1.25 billion to reacquire around 24 million shares of its common stock during the quarter and the company's board authorized a new, $4.7 billion stock buyback program running through June 30, 2019.
- US Bancorp ( USB ) still was more than 1% lower shortly before Wednesday's closing bell, shaving roughly half of its 2% decline that followed the bank and financial services company missing analyst forecasts with its Q2 revenue and upstaging better-than-expected per-share earnings for the April-to-June reporting period. that followed the bank and financial services company missing analyst forecasts with its Q2 revenue and upstaging better-than-expected per-share earnings for the April-to-June reporting period. Revenue rose to $5.61 billion during the three months ended June 30 compared with $5.40 million in the year-ago period but still lagging the Capital IQ consensus by $30 million. Net income rose to $1.02 per share from $0.85 per share during the same quarter last year and beating the Street view by $0.02 per share.
- Arbor Realty Trust ( ABR ) fell as much as 4% on Wednesday after the real estate investment trust priced a $130 million private placement of 5.25% convertible senior notes maturing in 2021. Initial purchasers also received a 30-day option to buy up to $19.5 million more of the notes. Arbor will use net proceed from the offering to repay existing debt.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | - Arbor Realty Trust ( ABR ) fell as much as 4% on Wednesday after the real estate investment trust priced a $130 million private placement of 5.25% convertible senior notes maturing in 2021. Powell helped ignite a turnaround for stocks on Tuesday when he said the central bank was willing to slow its current program of periodic interest-rate increases if conditions warrant. In other sector news: + Morgan Stanley ( MS ) advanced Wednesday, climbing as much as 5%, after reporting Q2 net income and revenue exceeding Wall Street estimates supported by strong trading activity and its wealth management unit. | - Arbor Realty Trust ( ABR ) fell as much as 4% on Wednesday after the real estate investment trust priced a $130 million private placement of 5.25% convertible senior notes maturing in 2021. - US Bancorp ( USB ) still was more than 1% lower shortly before Wednesday's closing bell, shaving roughly half of its 2% decline that followed the bank and financial services company missing analyst forecasts with its Q2 revenue and upstaging better-than-expected per-share earnings for the April-to-June reporting period. that followed the bank and financial services company missing analyst forecasts with its Q2 revenue and upstaging better-than-expected per-share earnings for the April-to-June reporting period. | - Arbor Realty Trust ( ABR ) fell as much as 4% on Wednesday after the real estate investment trust priced a $130 million private placement of 5.25% convertible senior notes maturing in 2021. Also, housing starts unexpectedly fell during June, dropping 12.3% from the prior month to a seasonally adjusted, annualized pace of 1.173 million starts compared with a downwardly revised 1.337 million yearly rate and also lagging the consensus view expecting a 1.32 million annual pace. It earned $1.53 per share during the three months ended June 30, up from $1.11 per share for the community bank and wealth management company during the same quarter last year and topping the Capital IQ consensus looking for a $1.44 per share profit during the April-to-June reporting period. | - Arbor Realty Trust ( ABR ) fell as much as 4% on Wednesday after the real estate investment trust priced a $130 million private placement of 5.25% convertible senior notes maturing in 2021. In economic news: Federal Reserve chairman Jerome Powell returned to Congress Wednesday for the second day of his semi-annual remarks on domestic and international economic conditions. Net revenue grew to $333.4 million during the quarter from $294.4 million in the year-ago period, also exceeding the $326.85 million analyst mean. |
30168.0 | 2018-07-06 00:00:00 UTC | U.S. Triggers Off Trade War: Best & Worst Investing Zones | ABR | https://www.nasdaq.com/articles/us-triggers-trade-war-best-worst-investing-zones-2018-07-06 | nan | nan | After months of rhetorical tariff threats between Washington and Beijing, the world's two largest economies have declared a trade war. This is especially true as Trump's 25% tariff on $34 billion in Chinese goods, including auto, electric cars, aerospace, communications tech, new materials and robotics became reality at 12:01 A.M. on Jul 6 and another $16 billion is expected to go into effect in two weeks.
China also hit back with the same scale and strength, slapping charges on American goods targeting heartland staples like soybeans, corn, pork and poultry. The United States has violated World Trade Organization rules and ignited the largest trade war in economic history," China's Commerce Ministry said in a statement. With retaliation from Beijing, Trump has issued warnings of additional tariffs on $500 billion in Chinese goods.
The latest move marked the escalation of the trade war from threat to reality and would result in a global recession. It would hurt global supply chains, increase costs for businesses and consumers and slow down investments. Canada, Mexico and Europe are also engaged in tit-for-tat tariff exchange with the United States. As a result, the ongoing development suggests that the worst, which could send shockwaves across stock markets, is yet to come.
Against such a backdrop, there are a few places where investors can stash their cash in the stock world and a few that should be avoided.
Best Zones
Gold
In difficult market environments, gold is considered a great store of value and hedge against market turmoil. Acting as a leveraged play on the underlying metal prices, metal miners tend to experience more gains than their bullion cousins in a rising metal market. Hence, mining stocks could outperform in the current trade turmoil. As such, Yamana Gold Inc. (AUY) seems a lucrative pick as it carries a Zacks Rank #2 (Buy) and a Momentum Score of A. The stock has risen 8.1% over the past month.
Consumer Staples
The consumer staples sector is defensive as it includes a variety of items like food & beverages, non-durable household goods, hypermarkets and consumer supercenters that are every-day essentials. These products see steady demand even during an economic downturn due to their low level of correlation with economic cycles. As such, these generally act as a safe haven amid political and economic turmoil. Stocks in these sectors generally outperform during periods of low growth and high uncertainty. Among these, B&G Foods Inc. (BGS) has gained 12% over the past one month. It carries a Zacks Rank #2 and a Momentum Score of B.
Small Caps
Small-cap stocks have been the winners amid trade and tariff threats, and are likely to continue their outperformance. This is because small-cap stocks have less international exposure and generate most of their revenues from the domestic market. These pint-sized stocks are less vulnerable to a trade war or any other political issue and could better insulate investors from Trump's protectionist stance. Rent-A-Center Inc. (RCII) having a Zacks Rank #2 and a VGM Score of A is among the biggest gainers in a month's time, rising 42.5%.
High Dividend
The dividend-paying securities are the major sources of consistent income for investors when returns from the equity market are at risk. These stocks offer the safety in the form of payouts and stability in the form of mature companies that are less volatile to the large swings in stock prices. The companies that offer dividends generally act as a hedge against economic uncertainty and provide downside protection by offering outsized payouts or sizable yields on a regular basis. While there are several top-ranked options available in the space, Arbor Realty Trust ABR looks impressive given its Zacks Rank #1 (Strong Buy) and one-month return of 13.5%. You can see the complete list of today's Zacks #1 Rank stocks here .
Worst Zones
Farm Belt
U.S. farmers and food producers are in the crosshairs of a global trade conflict. Tariffs were already imposed by Canada on beef and by Mexico on pork and ham imports. Another round of tariff from China on soybeans and pork also come into effect in response to Trump's latest tariff implementation. Soybean exporters like Archer Daniels Midland Company ADM and meat producers like Tyson Foods Inc. TSN and Hormel Foods Corporation HRL would be hit. ADM has a Zacks Rank #2 and added 3.6% in a month while the other two has a Zacks Rank #3 (Hold). TSN is down 2.3% and HRL is up 1.7%.
Auto
The potential tariffs on cars and auto components are the greatest threats to the auto industry. Global Automakers President and CEO John Bozzella warned "tariff hikes would raise prices, make it more expensive to produce cars and trucks in the United States. He said the tariffs could cause a slowdown in sales and production, which would not be good for either American consumers or autoworkers." BorgWarner Inc. BWA shed 13.9% in a month and has a Zacks Rank #3.
Semiconductors
Trump's import tariff on Chinese products will compel American semiconductor companies to pay duties on their own products. This is because chips are manufactured in the United States but are shipped to the Asian nation for assembly, testing and packaging due to its favorable labor costs, according to the Semiconductor Industry Association. Some of the worst-hit chip stocks include Intel INTC , Micron MU and Texas Instruments TXN . INTC, MU and TXN were down 12.9%, 12.9% and 5.9%, respectively. However, these stocks have a favorable Zacks rank.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research. It's not the one you think.
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BorgWarner Inc. (BWA): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | While there are several top-ranked options available in the space, Arbor Realty Trust ABR looks impressive given its Zacks Rank #1 (Strong Buy) and one-month return of 13.5%. Click to get this free report BorgWarner Inc. (BWA): Free Stock Analysis Report Tyson Foods, Inc. (TSN): Free Stock Analysis Report Hormel Foods Corporation (HRL): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Intel Corporation (INTC): Free Stock Analysis Report Texas Instruments Incorporated (TXN): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report Archer Daniels Midland Company (ADM): Free Stock Analysis Report To read this article on Zacks.com click here. China also hit back with the same scale and strength, slapping charges on American goods targeting heartland staples like soybeans, corn, pork and poultry. | Click to get this free report BorgWarner Inc. (BWA): Free Stock Analysis Report Tyson Foods, Inc. (TSN): Free Stock Analysis Report Hormel Foods Corporation (HRL): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Intel Corporation (INTC): Free Stock Analysis Report Texas Instruments Incorporated (TXN): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report Archer Daniels Midland Company (ADM): Free Stock Analysis Report To read this article on Zacks.com click here. While there are several top-ranked options available in the space, Arbor Realty Trust ABR looks impressive given its Zacks Rank #1 (Strong Buy) and one-month return of 13.5%. Soybean exporters like Archer Daniels Midland Company ADM and meat producers like Tyson Foods Inc. TSN and Hormel Foods Corporation HRL would be hit. | Click to get this free report BorgWarner Inc. (BWA): Free Stock Analysis Report Tyson Foods, Inc. (TSN): Free Stock Analysis Report Hormel Foods Corporation (HRL): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Intel Corporation (INTC): Free Stock Analysis Report Texas Instruments Incorporated (TXN): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report Archer Daniels Midland Company (ADM): Free Stock Analysis Report To read this article on Zacks.com click here. While there are several top-ranked options available in the space, Arbor Realty Trust ABR looks impressive given its Zacks Rank #1 (Strong Buy) and one-month return of 13.5%. This is especially true as Trump's 25% tariff on $34 billion in Chinese goods, including auto, electric cars, aerospace, communications tech, new materials and robotics became reality at 12:01 A.M. on Jul 6 and another $16 billion is expected to go into effect in two weeks. | While there are several top-ranked options available in the space, Arbor Realty Trust ABR looks impressive given its Zacks Rank #1 (Strong Buy) and one-month return of 13.5%. Click to get this free report BorgWarner Inc. (BWA): Free Stock Analysis Report Tyson Foods, Inc. (TSN): Free Stock Analysis Report Hormel Foods Corporation (HRL): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Intel Corporation (INTC): Free Stock Analysis Report Texas Instruments Incorporated (TXN): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report Archer Daniels Midland Company (ADM): Free Stock Analysis Report To read this article on Zacks.com click here. As such, Yamana Gold Inc. (AUY) seems a lucrative pick as it carries a Zacks Rank #2 (Buy) and a Momentum Score of A. |
30169.0 | 2018-07-05 00:00:00 UTC | Franklin Street (FSP) Signs Lease Deals for One Overton Park | ABR | https://www.nasdaq.com/articles/franklin-street-fsp-signs-lease-deals-for-one-overton-park-2018-07-05 | nan | nan | Franklin Street Properties Corp.FSP recently leased around 82,000 square feet of space at its One Overton Park property situated at 3625 Cumberland Boulevard in Atlanta, GA. Reflecting positive sentiments, shares of the company went up 2.56% on Jul 3.
The space has been leased to four different tenants, with the largest being leased to Carestream Dental. The company has signed a lease deal for about 54,000 square feet for a period of 130 months. Carestream will have its worldwide headquarters at this location. The second tenant at this property is KPMG, which has signed a 67-months lease. The company will be occupying 10,103 square feet of space.
Moreover, OneBeacon Services has extended its lease with Franklin Street through January 2024 for approximately 7,322 square feet. Randstad General Partner increased its current working space to 109,438 by leasing additional space of about 10,943 square feet till May 2024 with Franklin Street.
George J. Carter, chairman and chief executive officer at Franklin Street informed, "We welcome the opportunity to build new and lasting relationships with Carestream and KPMG, and greatly value and are pleased to continue our relationships with OneBeacon Services and Randstad."
Notably, healthy growth in the demand for office spaces on the back of economic improvement and recovery in the job market is likely to aid Franklin Street. This is because, as the economy revives, business grows and therefore, corporate sectors seek expansion, renting more space to accommodate the increased workforce. However, rising supply of office space and rate hike issues remain concerns.
Shares of Franklin Street have outperformed the industry it belongs to in the past month. This Zacks Rank #2 (Buy) company's shares have rallied 9.1%, while the industry recorded growth of just 2.6% during the same time period. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
Other Stocks Worth a Look
Other top-ranked stocks in the same space include Arbor Realty Trust ABR , LaSalle Hotel Properties LHO and Park Hotels & Resorts Inc. PK , each sporting a Zacks Rank of 1.
Arbor Realty's Zacks Consensus Estimate for 2018 funds from operations (FFO) per share remained unchanged at $1.03 in the past month. Its shares have returned 21.4% in the past three months.
LaSalle Hotel's FFO per share estimates for 2018 have been revised marginally upward over the past month. The stock has gained 18% during the past three months.
Park Hotels & Resorts' Zacks Consensus Estimate for 2018 FFO per share has remained unchanged at $2.73 over the past month. Its shares have returned 15.4% in three months' time.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO) - a widely used metric to gauge the performance of REITs.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Other Stocks Worth a Look Other top-ranked stocks in the same space include Arbor Realty Trust ABR , LaSalle Hotel Properties LHO and Park Hotels & Resorts Inc. PK , each sporting a Zacks Rank of 1. Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report LaSalle Hotel Properties (LHO): Free Stock Analysis Report Franklin Street Properties Corp. (FSP): Free Stock Analysis Report Park Hotels & Resorts Inc. (PK): Free Stock Analysis Report To read this article on Zacks.com click here. Notably, healthy growth in the demand for office spaces on the back of economic improvement and recovery in the job market is likely to aid Franklin Street. | Other Stocks Worth a Look Other top-ranked stocks in the same space include Arbor Realty Trust ABR , LaSalle Hotel Properties LHO and Park Hotels & Resorts Inc. PK , each sporting a Zacks Rank of 1. Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report LaSalle Hotel Properties (LHO): Free Stock Analysis Report Franklin Street Properties Corp. (FSP): Free Stock Analysis Report Park Hotels & Resorts Inc. (PK): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty's Zacks Consensus Estimate for 2018 funds from operations (FFO) per share remained unchanged at $1.03 in the past month. | Other Stocks Worth a Look Other top-ranked stocks in the same space include Arbor Realty Trust ABR , LaSalle Hotel Properties LHO and Park Hotels & Resorts Inc. PK , each sporting a Zacks Rank of 1. Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report LaSalle Hotel Properties (LHO): Free Stock Analysis Report Franklin Street Properties Corp. (FSP): Free Stock Analysis Report Park Hotels & Resorts Inc. (PK): Free Stock Analysis Report To read this article on Zacks.com click here. Franklin Street Properties Corp.FSP recently leased around 82,000 square feet of space at its One Overton Park property situated at 3625 Cumberland Boulevard in Atlanta, GA. | Other Stocks Worth a Look Other top-ranked stocks in the same space include Arbor Realty Trust ABR , LaSalle Hotel Properties LHO and Park Hotels & Resorts Inc. PK , each sporting a Zacks Rank of 1. Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report LaSalle Hotel Properties (LHO): Free Stock Analysis Report Franklin Street Properties Corp. (FSP): Free Stock Analysis Report Park Hotels & Resorts Inc. (PK): Free Stock Analysis Report To read this article on Zacks.com click here. Franklin Street Properties Corp.FSP recently leased around 82,000 square feet of space at its One Overton Park property situated at 3625 Cumberland Boulevard in Atlanta, GA. |
30170.0 | 2018-06-29 00:00:00 UTC | Outfront Media Installs ON Smart Displays at Caltrain Station | ABR | https://www.nasdaq.com/articles/outfront-media-installs-on-smart-displays-at-caltrain-station-2018-06-29 | nan | nan | Outfront Media Inc.OUT recently announced that it has installed the first ON Smart Media liveboards at the Caltrain Station in the San Francisco transit system. This deployment marks the first step in the comprehensive implementation of the On Smart Media technology throughout the San Francisco Bay Area transit system.
Notably, the displays have been installed at the northern terminus of the line at 4th and King streets. The station has a wide reach, experiencing a footfall of more than 62,000 riders daily. This will help Outfront Media promote outdoor advertising extensively. Further, the station already has numerous static displays and 17 liveboards consisting of seven back-to-back and a triple display to provide a unique experience to commuters.
Monterey Bay Aquarium, Sparkpost, American Express and Sharepost will utilize the newly-installed digital displays to advertise their respective brands. Per the Monterey Bay Aquarium management, the new technology will add a sparkle to brand marketing.
Notably, Outfront Media has partnerships with other Bay Area transit agencies and this installation will likely enable the company to fortify its presence in the tech capital of the nation. In fact, on Apr 25, the company was awarded the advertising franchise of the San Francisco Bay Area Rapid Transit District (BART) for 10.75 years, with two additional one-year options to extend the duration. In sync with this, it will start deployment of 600 ON Smart Liveboard digital displays, along with four large-format LED displays, this October.
These installations will offer an extensive digital display system and help outdoor advertising in California. Further, transformational upgrade of the transit system will enable brands to provide a dynamic experience to the city's tech-savvy commuters.
These initiatives by the company reflect its aim to continuously improve rider experience in the transit across the nation. In fact, expansion of its portfolio in San Francisco marks Outfront Media's presence in eight out of the 10 largest DMAs across the United States, according to Nielsen Media Research.
Of late, Outfront Media has been focusing on the expansion of its out-of-home (OOH) advertising business. Recently, the company partnered with Frisco Fresh Market, in line with its efforts to focus on the OOH advertising business. With this campaign, the company announced the inauguration of Frisco's new outdoor farmer's market.
Notably, the OOH advertising is growing at a rapid pace and continues to increase its market share compared with other forms of media. Therefore, the company is expanding its footprint and providing a unique technology platform to marketers in order to tap growth opportunities.
It offers advertisers additional data analytics features and helps draw more audiences. Additionally, the company's digital platform offers real-time geo-location audience data to advertisers. This will help advertisers channelize their funds efficiently to Outfront Media's assets. This is anticipated to serve as a major growth driver for the company.
However, Outfront Media faces stiff competition from other outdoor advertisers, regarding customers, display locations and structures. It also competes with other media, including conventional platforms along with online, mobile and social media platforms. This might affect the company's pricing power in the market.
Amid soft market concerns, shares of this Zacks Rank #3 (Hold) company have underperformed the industry in the past three months. The stock has rallied 4.4% compared with the industry's gain of 6.4%.
Stocks Worth a Look
A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Columbia Property Trust, Inc. CXP and Extra Space Storage EXR . All three stocks carry a Zacks Rank #2 (Buy). You can the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Arbor Realty Trust's Zacks Consensus Estimate for 2018 funds from operations (FFO) per share remained unchanged at $1.03 over the past month. Its shares have returned 18.5% in the past three months.
Columbia Property Trust's FFO per share estimates for 2018 remained unchanged at $1.46 in the past month. The stock has gained 10.4% during the past three months.
Extra Space Storage's Zacks Consensus Estimate for 2018 FFO per share remained unchanged at $4.62 over the past month. Its shares have returned 14.6% in three months' time.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO) - a widely used metric to gauge the performance of REITs
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Columbia Property Trust, Inc. CXP and Extra Space Storage EXR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report OUTFRONT Media Inc. (OUT): Free Stock Analysis Report Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report To read this article on Zacks.com click here. Notably, Outfront Media has partnerships with other Bay Area transit agencies and this installation will likely enable the company to fortify its presence in the tech capital of the nation. | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Columbia Property Trust, Inc. CXP and Extra Space Storage EXR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report OUTFRONT Media Inc. (OUT): Free Stock Analysis Report Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty Trust's Zacks Consensus Estimate for 2018 funds from operations (FFO) per share remained unchanged at $1.03 over the past month. | Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report OUTFRONT Media Inc. (OUT): Free Stock Analysis Report Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Columbia Property Trust, Inc. CXP and Extra Space Storage EXR . Outfront Media Inc.OUT recently announced that it has installed the first ON Smart Media liveboards at the Caltrain Station in the San Francisco transit system. | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Columbia Property Trust, Inc. CXP and Extra Space Storage EXR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report OUTFRONT Media Inc. (OUT): Free Stock Analysis Report Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report To read this article on Zacks.com click here. These installations will offer an extensive digital display system and help outdoor advertising in California. |
30171.0 | 2018-06-28 00:00:00 UTC | Summit Hotel Opens 168-Room Hyatt House Hotel in Orlando | ABR | https://www.nasdaq.com/articles/summit-hotel-opens-168-room-hyatt-house-hotel-in-orlando-2018-06-28 | nan | nan | Summit Hotel Properties, Inc.INN announced the opening of Hyatt House Across From Orlando Universal Resort in Orlando, FL.
Notably, with the inclusion of this hotel in its portfolio, the company expects to generate additional earnings before interest, taxes, depreciation, and amortization for real estate of approximately $1 million during the rest of 2018. The cost of constructing the hotel was $32.7 million or about $194,500 per key, which excluded the price of the land.
This 168-room hotel is located very close to the Universal Orlando Resort and next to the company's Hyatt Place hotel. It provides easy access to Orlando International Airport. Further, the property is in the vicinity of the new Volcano Bay water park, Walt Disney World Resort, SeaWorld Orlando, ICON Orlando 360 and SEA LIFE Orlando Aquarium. With such a fitting location, the hotel is expected to witness great occupancy and high revenues per available room.
Senior vice president of operations of Hyatt Place and Hyatt House, Susan Santiago informed "Orlando continues to experience record-breaking tourism numbers among leisure travelers and convention attendees. We are confident Hyatt House Across From Orlando Universal Resort will bring a new and dynamic guest experience to the marketplace, and is a great example of our continued focus on growing premium hotels that will attract business and leisure travelers alike."
In fact, lodging and resorts real estate investment trusts (REIT) are the favorable bunch as an improving economy, growth in employment and rise in wages are likely to drive demand for hotels. Particularly, improved business-travel demand, with lower cancellations and higher group spendings, plus strong demand from the leisure division signal brighter prospects for these REITs.
However, amid elevated supply, shares of this Zacks Rank #4 (Sell) stock have underperformed the industry it belongs to. The company's shares have witnessed a decline of 7.4% while the industry declined 1.4% during the past six months.
Stocks Worth a Look
A few better-ranked stocks from the same space include Arbor Realty Trust ABR , Columbia Property Trust, Inc. CXP and Extra Space Storage EXR . All three stocks carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
Arbor Realty's Zacks Consensus Estimate for 2018 funds from operations (FFO) per share has remained unchanged at $1.03 over the past month. Its shares have returned 14.2% in the past three months.
Columbia Property Trust's FFO per share estimates for 2018 have remained unchanged at $1.46 in the past month. The stock has gained 9.4% during the past three months.
Extra Space Storage's Zacks Consensus Estimate for 2018 FFO per share has remained unchanged at $4.62 over the past month. Its shares have returned 14.1% in three months' time.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO) - a widely used metric to gauge the performance of REITs.
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Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Stocks Worth a Look A few better-ranked stocks from the same space include Arbor Realty Trust ABR , Columbia Property Trust, Inc. CXP and Extra Space Storage EXR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report Summit Hotel Properties, Inc. (INN): Free Stock Analysis Report Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report To read this article on Zacks.com click here. Notably, with the inclusion of this hotel in its portfolio, the company expects to generate additional earnings before interest, taxes, depreciation, and amortization for real estate of approximately $1 million during the rest of 2018. | Stocks Worth a Look A few better-ranked stocks from the same space include Arbor Realty Trust ABR , Columbia Property Trust, Inc. CXP and Extra Space Storage EXR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report Summit Hotel Properties, Inc. (INN): Free Stock Analysis Report Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty's Zacks Consensus Estimate for 2018 funds from operations (FFO) per share has remained unchanged at $1.03 over the past month. | Stocks Worth a Look A few better-ranked stocks from the same space include Arbor Realty Trust ABR , Columbia Property Trust, Inc. CXP and Extra Space Storage EXR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report Summit Hotel Properties, Inc. (INN): Free Stock Analysis Report Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report To read this article on Zacks.com click here. Summit Hotel Properties, Inc.INN announced the opening of Hyatt House Across From Orlando Universal Resort in Orlando, FL. | Stocks Worth a Look A few better-ranked stocks from the same space include Arbor Realty Trust ABR , Columbia Property Trust, Inc. CXP and Extra Space Storage EXR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report Summit Hotel Properties, Inc. (INN): Free Stock Analysis Report Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report To read this article on Zacks.com click here. The company's shares have witnessed a decline of 7.4% while the industry declined 1.4% during the past six months. |
30172.0 | 2018-06-28 00:00:00 UTC | Welltower in Restructuring Mood, Pares Brookdale Portfolio | ABR | https://www.nasdaq.com/articles/welltower-in-restructuring-mood-pares-brookdale-portfolio-2018-06-28 | nan | nan | Welltower Inc.WELL has entered into a definitive agreement with its lessee and joint-venture (JV) partner - Brookdale Senior Living Inc. BKD - for the comprehensive restructuring of the triple-net lease obligations on 63 communities of the latter. This move will significantly cut short Welltower's association with Brookdale, as well as offer the former higher flexibility to form new JVs with preeminent senior housing operators.
Importantly, Brookdale will pay $58 million in termination fees for the early suspension of its triple-net lease obligations on 37 communities. Nonetheless, it will continue to operate the properties until these are handed over to new operators. The firm will also sell 20% of its equity stake in the existing RIDEA JV with the senior housing operator, for a gross amount of $74.2 million. This indicates a per unit value of $189,000 and a cap rate of 7.2%.
The lease discontinuance has enabled Welltower to enter into a separate RIDEA JV with Pegasus Senior Living, led by industry aces Steven Vick and Chris Hollister. Notably, the 37 properties will be managed by Pegasus through this alliance.
Further, extending its relationship with Cogir, Welltower has transitioned the management of 12 properties through a JV with the operator. Cogir's investment of $68.2 million represents a 15% stake in the venture.
Moreover, 11 properties will be distributed amongst Welltower's existing six operators. The remaining three non-core assets are slated to be sold in the tertiary markets.
The companies have also entered into an agreement to improve the quality of the remaining Brookdale portfolio. The agreement will enable Brookdale to identify and sell numerous communities that have annual base rent of up to $5 million. Welltower will receive 6.25% in rent credit equating to sale proceeds of nearly $80 million. This will also enable Brookdale to increase the lease coverage of tis remaining portfolio.
All in all, the downscaling will effectively bring down Welltower's Brookdale concentration from 7.6% of in-place net operating income (NOI) to approximately 2.9%, on a pro-forma basis. Nonetheless, pro-forma lease coverage is expected to improve. At present, the portfolio to be restructured is 83.6% occupied.
Notably, management anticipates loss of income due to the operator restructuring to be nearly $5 million in the first year. This is expected to be recovered by the third year post the transition. In addition, this deal is projected to provide higher cash-flow growth opportunities.
The above-mentioned transition will result in nominal volatility in Welltower's income performance, courtesy the high-quality Brookdale portfolio, as well as some other reliable operators in its portfolio. Additionally, amid the heightening competition with national and local healthcare operators, such efforts will enable the company to improve property leasing and result in better management of its properties.
Shares of this Zacks Rank #3 (Hold) company have outperformed the industry it belongs to in the past three months. Welltower has gained 10.1%, while the industry recorded growth of 6.4%. Also, the Zacks Consensus Estimate for 2018 FFO per share remained unchanged in a month's time.
Stocks Worth a Look
A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Columbia Property Trust, Inc. CXP and Extra Space Storage EXR . All three stocks carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Arbor Realty Trust's Zacks Consensus Estimate for 2018 funds from operations (FFO) per share remained unchanged at $1.03 over the past month. Its shares have returned 14.2% in the past three months.
Columbia Property Trust's FFO per share estimates for 2018 remained unchanged at $1.46 in the past month. The stock has gained 9.4% during the past three months.
Extra Space Storage's Zacks Consensus Estimate for 2018 FFO per share remained unchanged at $4.62 over the past month. Its shares have returned 14.1% in three months' time.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO) - a widely used metric to gauge the performance of REITs
5 Medical Stocks to Buy Now
Zacks names 5 companies poised to ride a medical breakthrough that is targeting cures for leukemia, AIDS, muscular dystrophy, hemophilia, and other conditions.
New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. Early investors could realize exceptional profits.
Click here to see the 5 stocks >>
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Brookdale Senior Living Inc. (BKD): Free Stock Analysis Report
Arbor Realty Trust (ABR): Free Stock Analysis Report
Extra Space Storage Inc (EXR): Free Stock Analysis Report
Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report
Welltower Inc. (WELL): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Columbia Property Trust, Inc. CXP and Extra Space Storage EXR . Click to get this free report Brookdale Senior Living Inc. (BKD): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report Welltower Inc. (WELL): Free Stock Analysis Report To read this article on Zacks.com click here. Welltower Inc.WELL has entered into a definitive agreement with its lessee and joint-venture (JV) partner - Brookdale Senior Living Inc. BKD - for the comprehensive restructuring of the triple-net lease obligations on 63 communities of the latter. | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Columbia Property Trust, Inc. CXP and Extra Space Storage EXR . Click to get this free report Brookdale Senior Living Inc. (BKD): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report Welltower Inc. (WELL): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty Trust's Zacks Consensus Estimate for 2018 funds from operations (FFO) per share remained unchanged at $1.03 over the past month. | Click to get this free report Brookdale Senior Living Inc. (BKD): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report Welltower Inc. (WELL): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Columbia Property Trust, Inc. CXP and Extra Space Storage EXR . Additionally, amid the heightening competition with national and local healthcare operators, such efforts will enable the company to improve property leasing and result in better management of its properties. | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Columbia Property Trust, Inc. CXP and Extra Space Storage EXR . Click to get this free report Brookdale Senior Living Inc. (BKD): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report Welltower Inc. (WELL): Free Stock Analysis Report To read this article on Zacks.com click here. Further, extending its relationship with Cogir, Welltower has transitioned the management of 12 properties through a JV with the operator. |
30173.0 | 2018-06-27 00:00:00 UTC | Can Crown Castle's Diversification Efforts Battle Headwinds? | ABR | https://www.nasdaq.com/articles/can-crown-castles-diversification-efforts-battle-headwinds-2018-06-27 | nan | nan | Crown Castle International CorporationCCI has been making concerted efforts to reposition itself from a tower company to a fiber provider, focusing on the small cell opportunity, backed by fiber operator acquisitions. Amid the ever-changing developments in new technology that could reduce demand for site leases and inflate expenses, such business diversification augurs well for long-term profitability.
The company has been making strategic buyouts to fortify its position as one of the largest fiber network operators in the United States. Its acquisition of LTS Group Holdings LLC in November 2017 enabled the company to gain around 32,000 route miles of fiber located mainly in top metro markets in the Northeast, including Boston, New York and Philadelphia. Further, such strategic deals offer higher opportunities for small-cell network deployments in these markets.
Moreover, deployment of 5G aid wireless carriers to expand and improve their networks by providing coverage, capacity and speed which is needed to support mobile video, Internet of Things (IoT) and fixed wireless broadband. This, in turn, is anticipated to fuel revenues for Crown Castle's tower and small cell assets.
Additionally, a hike in the 2018 outlook by management in Q1 instills confidence in the company. The raised outlook primarily reflects the expected impact of the recently-signed customer agreements. Specifically, the company expects site-rental revenues of $4,639-$4,684 million, denoting a projected increase of $57 million at the mid-point from the previously issued outlook. Adjusted EBITDA is anticipated in the band of $3,097-$3,142 million, reflecting an uptick of $48 million at the mid-point. In addition, AFFO is guided in the band of $2,255-$2,300 million, marking a rise of $36 million at the mid-point.
Shares of this Zacks Rank #3 (Hold) company have outperformed the industry it belongs to in the past year. Crown Castle has gained 5.1%, while the industry has declined 2. 2 %. Also, the Zacks Consensus Estimate for 2018 FFO per share has remained unchanged in a month's time.
However, further advancement of technology is expected to reduce demand for site leases. In fact, recent developments in satellite-delivered radio and video services will likely reduce need for tower-based broadcast transmission, while changes in demand for network services might expose Crown Castle's revenues to volatility. Moreover, as mobile handset manufacturers and wireless carriers increasingly adopt the Voice over WiFi network technology, its revenues are feared to be impacted.
In addition to the above, high customer concentration remains a headwind. While the company's top four customers - Verizon Wireless, AT&T, Sprint, and T-Mobile - account for majority of its total revenue, AT&T contributes a handful of site rental revenues. Hence, loss of any of these customers or consolidation among them will significantly impact the company's top line.
Stocks Worth a Look
A few better-ranked stocks from the same space include Arbor Realty Trust ABR , Columbia Property Trust, Inc. CXP and Extra Space Storage EXR . All three stocks carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Arbor Realty Trust's Zacks Consensus Estimate for 2018 FFO per share remained unchanged at $1.03 over the past month. Its shares have returned 15.9% in the past three months.
Columbia Property Trust's FFO per share estimates for 2018 remained unchanged at $1.46 in the past month. The stock has gained 10.1% during the past three months.
Extra Space Storage's Zacks Consensus Estimate for 2018 FFO per share remained unchanged at $4.62 over the past month. Its shares have returned 15.6% in three months' time.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO) - a widely used metric to gauge the performance of REITs
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
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Crown Castle International Corporation (CCI): Free Stock Analysis Report
Arbor Realty Trust (ABR): Free Stock Analysis Report
Extra Space Storage Inc (EXR): Free Stock Analysis Report
Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Stocks Worth a Look A few better-ranked stocks from the same space include Arbor Realty Trust ABR , Columbia Property Trust, Inc. CXP and Extra Space Storage EXR . Click to get this free report Crown Castle International Corporation (CCI): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report To read this article on Zacks.com click here. Amid the ever-changing developments in new technology that could reduce demand for site leases and inflate expenses, such business diversification augurs well for long-term profitability. | Stocks Worth a Look A few better-ranked stocks from the same space include Arbor Realty Trust ABR , Columbia Property Trust, Inc. CXP and Extra Space Storage EXR . Click to get this free report Crown Castle International Corporation (CCI): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty Trust's Zacks Consensus Estimate for 2018 FFO per share remained unchanged at $1.03 over the past month. | Click to get this free report Crown Castle International Corporation (CCI): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks Worth a Look A few better-ranked stocks from the same space include Arbor Realty Trust ABR , Columbia Property Trust, Inc. CXP and Extra Space Storage EXR . Arbor Realty Trust's Zacks Consensus Estimate for 2018 FFO per share remained unchanged at $1.03 over the past month. | Stocks Worth a Look A few better-ranked stocks from the same space include Arbor Realty Trust ABR , Columbia Property Trust, Inc. CXP and Extra Space Storage EXR . Click to get this free report Crown Castle International Corporation (CCI): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report To read this article on Zacks.com click here. Specifically, the company expects site-rental revenues of $4,639-$4,684 million, denoting a projected increase of $57 million at the mid-point from the previously issued outlook. |
30174.0 | 2018-06-25 00:00:00 UTC | Outfront Media Collaborates With Frisco for OOH Campaign | ABR | https://www.nasdaq.com/articles/outfront-media-collaborates-with-frisco-for-ooh-campaign-2018-06-25 | nan | nan | Outfront MediaOUT has collaborated with Frisco Fresh Market, in sync with its efforts to focus on out-of-home (OOH) advertising business. With this campaign, the company will announce inauguration Frisco's new outdoor farmer's market.
Specifically, Outfront Media has planned a unique "tease and reveal" design for the campaign, which has been developed by Outfront Studios. The campaign, which will be displayed across Texas, will be running for seven weeks from Jun 11, 2018 to Jul 29, 2018. The new outdoor farmer's market is scheduled for Jun 30, 2018, and will be displaying different local and national fruits, and vegetables.
Through the best-in-class technology and assets in premium high-traffic outdoor spaces, Outfront Media will likely help in reaching the target audience and drive the campaign.
Dave Wood, regional vice president at Outfront Media informed, "Out-of-home continues to be the best platform for creating engaging content that catches the attention of large audiences."
Of late, Outfront Media has been focusing on the expansion of its OOH advertising business. In May 2018, the company partnered with Greenridge Farm. The primary motive behind this campaign is to ensure that people check the ingredients and rationally compare meats offered by different brands.
Earlier, in April 2018, the company announced a collaboration with Ford Motor Company for an OOH advertisement campaign, which is going to run through July and display Mustang's 2018 model.
Notably, the OOH advertising is growing at a rapid pace and continues to increase its market share in comparison with other forms of media. Moreover, fragmentation across other advertising media and technological advancements in the OOH segment are aiding the shift to outdoor advertising. Therefore, to tap growth opportunities, the company is expanding its footprint and providing a unique technology platform to marketers.
In fact, Outfront Mobile Network offers advertisers additional data analytics features and helps in drawing more audiences. Further, the company's digital platform offers real-time geo-location audience data to advertisers. This will help advertisers channelize their funds efficiently to Outfront Media's assets. This is anticipated to serve as major growth driver for the company.
However, Outfront Media faces stiff competition from other outdoor advertisers, regarding customers, display locations and structures. It also competes with other media, including conventional platforms along with online, mobile and social media platforms. This is anticipated to adversely affect the company's pricing power in the market.
Amidst soft market concerns, shares of this Zacks Rank #3 (Hold) company have underperformed the industry in the past six months. Its shares have moved down 15.4% against the industry's decline of 0.8%.
Stocks to Consider
A few better-ranked stocks from the same space include LaSalle Hotel Properties LHO , Columbia Property Trust, Inc. CXP and Arbor Realty Trust ABR . While LaSalle Hotel sports a Zacks Rank of 1 (Strong Buy), Columbia Property and Arbor Realty carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
LaSalle Hotel's funds from operations (FFO) per share estimates for 2018 have been marginally revised upward to $2.22 over the past month. The stock has gained 39.7% during the past three months.
Columbia Property's Zacks Consensus Estimate for 2018 FFO per share has been unchanged at $1.46 over the past month. The stock has rallied 14% in three months' time.
Arbor Realty's Zacks Consensus Estimate for 2018 FFO per share has remained unchanged at $1.03 over the past month. Its shares have returned 14.4% in the past three months.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO) - a widely used metric to gauge the performance of REITs.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
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Arbor Realty Trust (ABR): Free Stock Analysis Report
LaSalle Hotel Properties (LHO): Free Stock Analysis Report
OUTFRONT Media Inc. (OUT): Free Stock Analysis Report
Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Stocks to Consider A few better-ranked stocks from the same space include LaSalle Hotel Properties LHO , Columbia Property Trust, Inc. CXP and Arbor Realty Trust ABR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report LaSalle Hotel Properties (LHO): Free Stock Analysis Report OUTFRONT Media Inc. (OUT): Free Stock Analysis Report Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report To read this article on Zacks.com click here. Through the best-in-class technology and assets in premium high-traffic outdoor spaces, Outfront Media will likely help in reaching the target audience and drive the campaign. | Stocks to Consider A few better-ranked stocks from the same space include LaSalle Hotel Properties LHO , Columbia Property Trust, Inc. CXP and Arbor Realty Trust ABR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report LaSalle Hotel Properties (LHO): Free Stock Analysis Report OUTFRONT Media Inc. (OUT): Free Stock Analysis Report Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report To read this article on Zacks.com click here. While LaSalle Hotel sports a Zacks Rank of 1 (Strong Buy), Columbia Property and Arbor Realty carry a Zacks Rank #2 (Buy). | Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report LaSalle Hotel Properties (LHO): Free Stock Analysis Report OUTFRONT Media Inc. (OUT): Free Stock Analysis Report Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider A few better-ranked stocks from the same space include LaSalle Hotel Properties LHO , Columbia Property Trust, Inc. CXP and Arbor Realty Trust ABR . Earlier, in April 2018, the company announced a collaboration with Ford Motor Company for an OOH advertisement campaign, which is going to run through July and display Mustang's 2018 model. | Stocks to Consider A few better-ranked stocks from the same space include LaSalle Hotel Properties LHO , Columbia Property Trust, Inc. CXP and Arbor Realty Trust ABR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report LaSalle Hotel Properties (LHO): Free Stock Analysis Report OUTFRONT Media Inc. (OUT): Free Stock Analysis Report Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report To read this article on Zacks.com click here. With this campaign, the company will announce inauguration Frisco's new outdoor farmer's market. |
30175.0 | 2018-06-25 00:00:00 UTC | SL Green Realty (SLG) Might Acquire Stake in NY Office Asset | ABR | https://www.nasdaq.com/articles/sl-green-realty-slg-might-acquire-stake-in-ny-office-asset-2018-06-25 | nan | nan | SL Green RealtySLG has been making solid strides to revamp its portfolio by acquiring interests in potential properties and disposing non-core assets.
In fact, this real estate investment trust is expected to acquire stake in the 245 Park Avenue office tower in New York City from Chinese conglomerate, HNA Group, according to a report by the Wall Street Journal.
While details of the deal remain undisclosed, the report citing people familiar with the matter stated that SL Green will likely enjoy operating control of the skyscraper, along with a preferred position in the joint venture for the property.
Citing others knowledgeable of the deal, the report mentioned that the deal for the 1.8-million-square-foot tower will likely close in multiple stages.
Notably, the sale is part of HNA's restructuring activity, which was on a buying spree for the past two years, and is now realigning its operations and trimming assets to repay debt. Moreover, the office tower was purchased by the company last year for $2.21 billion, with $1.8 billion of debt. It was among the highest price paid for a Manhattan office building during the time of purchase.
Importantly, SL Green's sale of non-core assets offers the company an opportunity to channelize the proceeds in high-growth properties. The company is the largest commercial landlord of New York City that primarily acquires, manages, develops and leases commercial office properties in the New York Metropolitan area, especially in mid-town Manhattan.
The above-mentioned purchase will further strengthen its foothold in the New York market. Further, the company is likely to experience decent demand for its properties amid recovering economy and healthy job market environment.
Nonetheless, increased supply of office space in some of its markets is a concern. There is intense competition from developers, owners and operators of office properties, and other commercial real estates, which is likely to restrict the company's ability to attract and retain tenants at relatively higher rents than its competitors.
In the year-to-date period, this Zacks Rank #3 (Hold) stock has outperformed its industry . While the company's shares have inched up 0.7%, the industry has incurred a loss of 1.3%.
Stocks Worth a Look
A few better-ranked stocks from the same space include Arbor Realty Trust ABR , Columbia Property Trust, Inc. CXP and Extra Space Storage EXR . All three stocks carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
Arbor Realty Trust's Zacks Consensus Estimate for 2018 FFO per share have remained unchanged at $1.03 over the past month. Its shares have returned 14.4% in the past three months.
Columbia Property Trust's FFO per share estimates for 2018 have remained unchanged at $1.46 over the past month. The stock has gained 14% during the past three months.
Extra Space Storage's Zacks Consensus Estimate for 2018 FFO per share have remained unchanged at $4.62 over the past month. Its shares have returned 17.7% in three months' time.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO) - a widely used metric to gauge the performance of REITs
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
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Arbor Realty Trust (ABR): Free Stock Analysis Report
SL Green Realty Corporation (SLG): Free Stock Analysis Report
Extra Space Storage Inc (EXR): Free Stock Analysis Report
Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Stocks Worth a Look A few better-ranked stocks from the same space include Arbor Realty Trust ABR , Columbia Property Trust, Inc. CXP and Extra Space Storage EXR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report SL Green Realty Corporation (SLG): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report To read this article on Zacks.com click here. In fact, this real estate investment trust is expected to acquire stake in the 245 Park Avenue office tower in New York City from Chinese conglomerate, HNA Group, according to a report by the Wall Street Journal. | Stocks Worth a Look A few better-ranked stocks from the same space include Arbor Realty Trust ABR , Columbia Property Trust, Inc. CXP and Extra Space Storage EXR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report SL Green Realty Corporation (SLG): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty Trust's Zacks Consensus Estimate for 2018 FFO per share have remained unchanged at $1.03 over the past month. | Stocks Worth a Look A few better-ranked stocks from the same space include Arbor Realty Trust ABR , Columbia Property Trust, Inc. CXP and Extra Space Storage EXR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report SL Green Realty Corporation (SLG): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty Trust's Zacks Consensus Estimate for 2018 FFO per share have remained unchanged at $1.03 over the past month. | Stocks Worth a Look A few better-ranked stocks from the same space include Arbor Realty Trust ABR , Columbia Property Trust, Inc. CXP and Extra Space Storage EXR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report SL Green Realty Corporation (SLG): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report To read this article on Zacks.com click here. Moreover, the office tower was purchased by the company last year for $2.21 billion, with $1.8 billion of debt. |
30176.0 | 2018-06-20 00:00:00 UTC | Will HCP's Endeavors to Revamp Portfolio be Sufficient? | ABR | https://www.nasdaq.com/articles/will-hcps-endeavors-to-revamp-portfolio-be-sufficient-2018-06-20 | nan | nan | HCP Inc.HCP has undertaken portfolio-repositioning measures in a bid to improve the quality of its senior housing portfolio and lower the concentration of Brookdale Senior Living Inc. Earlier in this month, HCP provided an update about such efforts and it seems right on track to achieve its target.
In fact, over time, with diligent measures, the company aims at having more than half of its business comprising specialty office segments of medical office and life science, and lower senior housing concentration to around 40%. The focus on having a diversified private pay portfolio is likely to drive long-term growth.
Nevertheless, the softness in the seniors housing market fundamentals amid new supply is anticipated to thwart the company's pricing power. Further, the hike in interest rate and stiff competition remain concerns for the company.
Per its recent update, HCP has reaped $332 million of proceeds through the completion of the disposition of its residual investment in the RIDEA II senior housing joint venture (JV) to an investor group led by Columbia Pacific Advisors, LLC. Notably, this JV owned 49 communities and 46 of them were managed by Brookdale.
Regarding Brookdale 25 asset sales, the company has already accomplished the disposition of five communities for $32 million and is under contract to sell another 15 communities for $98 million. The remaining five assets are expected to be either sold or transitioned this year too.
Further, HCP is focused on making acquisitions to enhance its overall portfolio mix. The company acquired Hayden Research Campus in the Boston life-science market in December 2017 and is experiencing strong leasing velocity. Moreover, in March 2018, the company acquired development rights at Hayden for $21 million and its planned 214,000-square-foot Class A development is expected to improve the company's scale in this leading life science market. Also, the company started Phase I of Sierra Point, which marks its next key life-science development in the South San Francisco market.
In fact, increasing longevity of the aging U.S. population, along with growth opportunities related to biopharma drug development, have promoted life science and medical-market fundamentals. The trend is expected to continue in the upcoming years, giving significant impetus for growth to HCP.
Moreover, national healthcare expenditure is expected to rise in the future and as senior citizens constitute the major customer base of healthcare services - they end up spending more on healthcare services compared with the average population. Hence, with an expectation of rising senior citizens' population in the years ahead, we believe that HCP has a strong upside potential, being well poised to capitalize on this expenditure trend of senior citizens on healthcare services.
However, softness in the seniors housing fundamentals is likely to continue in the upcoming quarters, amid rise in new supply in the market. This is anticipated to adversely affect the company's pricing power and occupancy level. In addition, the cut-throat competitive market makes it more challenging for the company to increase its rent and occupancy level. The competition also makes it hard to identify and successfully capitalize on acquisition opportunities to meet the company's objectives.
Moreover, the company is currently focusing on lowering its Brookdale-portfolio concentration. The move involves strategic efforts, including selling of considerable part of its portfolio and using the proceeds in debt repayment. Although such efforts are a strategic fit for the long term, the dilutive impact on earnings in the near term from the sale of assets is unavoidable.
Amid these, shares of this Zacks Rank #3 (Hold) company have underperformed its industry over the past six months, declining 7.4% against the industry's decline of 2.4%.
Stocks to Consider
A few better-ranked stocks from the same space include Arbor Realty Trust ABR , LaSalle Hotel Properties LHO and Terreno Realty Corporation TRNO . All three stocks sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Arbor Realty's Zacks Consensus Estimate for 2018 funds from operations (FFO) per share has remained unchanged at $1.03 over the past month. Its shares have returned 18% in the past six months.
LaSalle Hotel's FFO per share estimates for 2018 have been marginally revised upward to $2.21 over the past month. The stock has gained 21.4% during the past six months.
Terreno Realty's Zacks Consensus Estimate for 2018 FFO per share has remained stable at $1.28 over the past month. The stock has rallied 5.9% in six months' time.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO) - a widely used metric to gauge the performance of REITs.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Stocks to Consider A few better-ranked stocks from the same space include Arbor Realty Trust ABR , LaSalle Hotel Properties LHO and Terreno Realty Corporation TRNO . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report HCP, Inc. (HCP): Free Stock Analysis Report LaSalle Hotel Properties (LHO): Free Stock Analysis Report Terreno Realty Corporation (TRNO): Free Stock Analysis Report To read this article on Zacks.com click here. Per its recent update, HCP has reaped $332 million of proceeds through the completion of the disposition of its residual investment in the RIDEA II senior housing joint venture (JV) to an investor group led by Columbia Pacific Advisors, LLC. | Stocks to Consider A few better-ranked stocks from the same space include Arbor Realty Trust ABR , LaSalle Hotel Properties LHO and Terreno Realty Corporation TRNO . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report HCP, Inc. (HCP): Free Stock Analysis Report LaSalle Hotel Properties (LHO): Free Stock Analysis Report Terreno Realty Corporation (TRNO): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty's Zacks Consensus Estimate for 2018 funds from operations (FFO) per share has remained unchanged at $1.03 over the past month. | Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report HCP, Inc. (HCP): Free Stock Analysis Report LaSalle Hotel Properties (LHO): Free Stock Analysis Report Terreno Realty Corporation (TRNO): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider A few better-ranked stocks from the same space include Arbor Realty Trust ABR , LaSalle Hotel Properties LHO and Terreno Realty Corporation TRNO . Moreover, in March 2018, the company acquired development rights at Hayden for $21 million and its planned 214,000-square-foot Class A development is expected to improve the company's scale in this leading life science market. | Stocks to Consider A few better-ranked stocks from the same space include Arbor Realty Trust ABR , LaSalle Hotel Properties LHO and Terreno Realty Corporation TRNO . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report HCP, Inc. (HCP): Free Stock Analysis Report LaSalle Hotel Properties (LHO): Free Stock Analysis Report Terreno Realty Corporation (TRNO): Free Stock Analysis Report To read this article on Zacks.com click here. Regarding Brookdale 25 asset sales, the company has already accomplished the disposition of five communities for $32 million and is under contract to sell another 15 communities for $98 million. |
30177.0 | 2018-06-19 00:00:00 UTC | Real Estate Is a Safe (and Sexy) Space to Be in Right Now | ABR | https://www.nasdaq.com/articles/real-estate-safe-and-sexy-space-be-right-now-2018-06-19 | nan | nan | InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Arbor Realty Trust Inc (NYSE: ABR ) is structured as a real estate investment trust (REIT), and this is a great market to be a REIT in.
Generally speaking, REITs own properties, whether commercial, retail, storage, medical, etc. They do well when the economy is doing well since it means businesses are growing and consumers are spending.
The Federal Reserve just raised rates this week and said it's expecting to raise them again two more times this year. That would suggest the Fed is bullish on the U.S. economy moving forward.
Another characteristic of REITs is, they are structured in such a way that shareholders are considered direct owners of the company. And they have to share 90% of their income with the owners (aka, shareholders), which is distributed in the form of a dividend.
In most cases, REIT investors are usually more income-oriented than growth oriented because of this structure.
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However, when the economy is expanding and REITs have been sleepy, this can be a great time to take advantage of both their growth and income. As we've seen since the financial crisis overtook the economy, there have been several shifts that have changed the sector.
Shifts in the Real Estate Sector
First, the rise of ecommerce has done some significant damage to REITs that focus on retail spaces like shopping malls and strip malls.
On the other hand, those that have been focused on space for cloud computing and server farms have been going gangbusters, as have medical buildings for biotech and healthcare operations.
And now, commercial properties as well as multifamily housing are coming back online.
The latter is where ABR stock fits in, but Arbor is a unique kind of REIT because it doesn't own and manage properties. It works as niche lender for commercial and multifamily housing projects (including assisted living facilities, senior living facilities, etc).
ABR currently has a $16 billion loan portfolio, and business is heating up. You see, its primary concern isn't filling buildings with tenants and keeping up with square footage lease rates.
It makes money the old-fashioned way. ABR borrows money at a low rate and charges its customers a higher rate to borrow it. As rates rise, ABR can grow its margins since it's a big enough borrower that its rates are rising as fast as the market rates are for its customers.
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This is why the ABR stock is up 17% year to date and it's still delivering a 9.9% dividend yield. In the past 12 months, the stock is up 21% and the yield over the period was higher than it is now. That means investors saw at least a 30% return from this REIT in the past year.
The thing is, this sector is just starting to grow. As the economy expands, so will ABR's fortunes.
Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor , Breakthrough Stocks , Accelerated Profits and Platinum Growth . His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com . Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | InvestorPlace - Stock Market News, Stock Advice & Trading Tips Arbor Realty Trust Inc (NYSE: ABR ) is structured as a real estate investment trust (REIT), and this is a great market to be a REIT in. The latter is where ABR stock fits in, but Arbor is a unique kind of REIT because it doesn't own and manage properties. ABR currently has a $16 billion loan portfolio, and business is heating up. | InvestorPlace - Stock Market News, Stock Advice & Trading Tips Arbor Realty Trust Inc (NYSE: ABR ) is structured as a real estate investment trust (REIT), and this is a great market to be a REIT in. The latter is where ABR stock fits in, but Arbor is a unique kind of REIT because it doesn't own and manage properties. ABR currently has a $16 billion loan portfolio, and business is heating up. | InvestorPlace - Stock Market News, Stock Advice & Trading Tips Arbor Realty Trust Inc (NYSE: ABR ) is structured as a real estate investment trust (REIT), and this is a great market to be a REIT in. The latter is where ABR stock fits in, but Arbor is a unique kind of REIT because it doesn't own and manage properties. ABR currently has a $16 billion loan portfolio, and business is heating up. | As rates rise, ABR can grow its margins since it's a big enough borrower that its rates are rising as fast as the market rates are for its customers. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Arbor Realty Trust Inc (NYSE: ABR ) is structured as a real estate investment trust (REIT), and this is a great market to be a REIT in. The latter is where ABR stock fits in, but Arbor is a unique kind of REIT because it doesn't own and manage properties. |
30178.0 | 2018-06-18 00:00:00 UTC | Is it Wise to Hold Realty Income Stock in Your Portfolio? | ABR | https://www.nasdaq.com/articles/is-it-wise-to-hold-realty-income-stock-in-your-portfolio-2018-06-18 | nan | nan | Realty Income 's O solid property acquisition volume is expected to keep the company on the growth curve. This freestanding retail real estate investment trust (REIT) derives majority of its retail rental revenues from tenants, belonging to service, non-discretionary and low-price retail businesses. Such businesses are less vulnerable to economic recessions as well as competition from Internet retailing.
The company's portfolio is well diversified with respect to tenant, industry, geography and property type. Itss properties are located in 49 states and Puerto Rico. Further, tenants operate in 47 different industries. In addition, beside retail properties, Realty Income's portfolio comprises industrial, office as well as agricultural properties. This diversification helps the company mitigate risk associated with a particular industry, geography or asset type.
Moreover, Realty Income is focused on external growth by exploring accretive acquisition opportunities. During first-quarter 2018, the company invested $509.8 million in 174 new properties and properties under development or expansion, situated in 27 states. The assets are fully leased, with a weighted average lease term of around 14 years and an initial average cash lease yield of 6.2%.
Around 85% of rental revenues, from acquisitions reported during the quarter, came in from investment grade-rated tenants. Moreover, based on prevailing market conditions and strength in its investment pipeline, the company continues to expect acquisition volume of $1.0-$1.5 billion for 2018.
Additionally, Realty Income's solid underlying real estate quality and prudent underwriting at acquisition have helped it maintain high occupancy levels consistently. In fact, since 1996, the company's occupancy level has never been below 96%. Moreover, in first-quarter 2018, the company attained its highest quarter-end occupancy in more than 10 years. Also, its same-store rent growth depicted limited operational volatility.
Furthermore, in March 2018, the company announced a hike in its common stock monthly cash dividend, denoting its 96th dividend increase since its NYSE listing in 1994. The company enjoys a trademark on the phrase "The Monthly Dividend Company". In fact, the company has generated a compound average annual dividend growth of around 4.7% since its listing on the NYSE. Given its financial position and lower debt-to-equity ratio compared with the industry, this dividend rate is likely to be sustainable.
In six months' time, shares of Realty Income have outperformed the industry it belongs to. This Zacks Rank #3 (Hold) company's shares have declined 6%, narrower than the industry's loss of 7.3%.
Nevertheless, despite Realty Income's effort to diversify the tenant base, its tenants in the drug store industry accounted for around 10.5% of its rental revenues in first-quarter 2018. This makes the company's results susceptible to any adverse changes in this industry because a downturn in the industry or a change in the legislation - relating to prescription drugs, could substantially affect Realty Income's tenants and in turn, affect the revenue stream of this REIT. Moreover, the choppy retail real estate environment and tenant credit issues remain concerns. Further, rate hike adds to its woes.
Also, Realty Income has a substantial exposure to single tenant assets. In fact, of the company's 5,326 properties in the portfolio, as of Mar 31, 2018; 5,298 or 99.5% are single-tenant properties and the remaining are multi-tenant assets. However, single-tenant leases involve specific and significant risks associated with tenant default. Thus, in case of financial failure of, or default in payment by, a single tenant, the company's rental revenues from that property as well as the value of the property suffers significantly.
Stocks to Consider
A few better-ranked stocks from the REIT space include Park Hotels & Resorts Inc. PK , LaSalle Hotel Properties LHO and Arbor Realty Trust ABR . While Park Hotels & Resorts sports a Zacks Rank of 1 (Strong Buy), LaSalle Hotel and Arbor Realty carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Park Hotels & Resorts' Zacks Consensus Estimate for 2018 funds from operations (FFO) per share has been marginally revised upward to $2.73 over the past month. The stock has rallied 6.4% in six months' time.
LaSalle Hotel's FFO per share estimates for 2018 have been marginally revised upward to $2.21 over the past month. The stock has gained 22.3% during the past six months.
Arbor Realty's Zacks Consensus Estimate for 2018 FFO per share has remained unchanged at $1.03 over the past month. Its shares have returned 16.6% in the past six months.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO) - a widely used metric to gauge the performance of REITs.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Stocks to Consider A few better-ranked stocks from the REIT space include Park Hotels & Resorts Inc. PK , LaSalle Hotel Properties LHO and Arbor Realty Trust ABR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Realty Income Corporation (O): Free Stock Analysis Report LaSalle Hotel Properties (LHO): Free Stock Analysis Report Park Hotels & Resorts Inc. (PK): Free Stock Analysis Report To read this article on Zacks.com click here. Additionally, Realty Income's solid underlying real estate quality and prudent underwriting at acquisition have helped it maintain high occupancy levels consistently. | Stocks to Consider A few better-ranked stocks from the REIT space include Park Hotels & Resorts Inc. PK , LaSalle Hotel Properties LHO and Arbor Realty Trust ABR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Realty Income Corporation (O): Free Stock Analysis Report LaSalle Hotel Properties (LHO): Free Stock Analysis Report Park Hotels & Resorts Inc. (PK): Free Stock Analysis Report To read this article on Zacks.com click here. Park Hotels & Resorts' Zacks Consensus Estimate for 2018 funds from operations (FFO) per share has been marginally revised upward to $2.73 over the past month. | Stocks to Consider A few better-ranked stocks from the REIT space include Park Hotels & Resorts Inc. PK , LaSalle Hotel Properties LHO and Arbor Realty Trust ABR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Realty Income Corporation (O): Free Stock Analysis Report LaSalle Hotel Properties (LHO): Free Stock Analysis Report Park Hotels & Resorts Inc. (PK): Free Stock Analysis Report To read this article on Zacks.com click here. This makes the company's results susceptible to any adverse changes in this industry because a downturn in the industry or a change in the legislation - relating to prescription drugs, could substantially affect Realty Income's tenants and in turn, affect the revenue stream of this REIT. | Stocks to Consider A few better-ranked stocks from the REIT space include Park Hotels & Resorts Inc. PK , LaSalle Hotel Properties LHO and Arbor Realty Trust ABR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Realty Income Corporation (O): Free Stock Analysis Report LaSalle Hotel Properties (LHO): Free Stock Analysis Report Park Hotels & Resorts Inc. (PK): Free Stock Analysis Report To read this article on Zacks.com click here. Further, tenants operate in 47 different industries. |
30179.0 | 2018-06-15 00:00:00 UTC | SL Green (SLG) Raises Share Repurchase Program by $500M | ABR | https://www.nasdaq.com/articles/sl-green-slg-raises-share-repurchase-program-by-%24500m-2018-06-15 | nan | nan | Ushering in good news for the shareholders, SL Green Realty 's SLG board of directors announced a $500-million increase in its share buyback program.
Notably, the company initially announced share repurchase program worth $1 billion in August 2016. After which, additional $500 million was authorized in December 2017. Therefore, with this authorization, the repurchase program now stands at $2 billion.
Up till now, SL Green has repurchased 15,067,975 shares.
According to the chief executive officer, Marc Holliday, the company continues to make the best use of its capital by buying back its common stock at considerable discounts compared with the value of its assets.
SL Green has robust fundamentals to back its share repurchases. Notably, this reputed New York City-based landlord enjoys high-quality office properties, solid balance sheet as well as a diverse tenant base.
Moreover, SL Green has been following an opportunistic investment policy to enhance its overall portfolio. This includes divesting its non-core assets and using the proceeds for share buybacks as well as long-term core asset acquisitions. The proceeds will also be used for investing in debt and preferred equities. Additionally, its leasing activity is likely to remain decent amid an improving economy and job market environment.
The company observes stringent financial policies and has considerable access to capital. Also, it has manageable, well-balanced debt-expiry schedules. This will likely help the company sustain its dividend payout to equity investors.
However, SL Green faces intense competition from developers, owners and operators of office properties, and other commercial real estates, which limit its pricing power. Also, rate hike remains another concern.
So far this year, shares of SL Green have outperformed the industry it belongs to. This Zacks Rank #3 (Hold) company's shares have lost 3%, which is narrower than the industry's decline of 4.1%.
Stocks to Consider
A few better-ranked stocks from the same space include Terreno Realty Corporation TRNO , Arbor Realty Trust ABR and Extra Space Storage Inc. EXR . While Terreno Realty sports a Zacks Rank #1 (Strong Buy), Arbor Realty and Extra Space Storage carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Terreno Realty's Zacks Consensus Estimate for 2018 funds from operations (FFO) per share has been revised upward by 1.6% to $1.28 over the past month. The stock has rallied 8% in three months' time.
Arbor Realty Trust's Zacks Consensus Estimate for 2018 FFO per share has remained unchanged at $1.03 over the past month. Its shares have returned 12.6% in the past three months.
Extra Space Storage's FFO per share estimates for 2018 have been revised upward marginally to $4.62 over the past month. The stock has gained 13.5% during the past three months.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO) - a widely used metric to gauge the performance of REITs.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Stocks to Consider A few better-ranked stocks from the same space include Terreno Realty Corporation TRNO , Arbor Realty Trust ABR and Extra Space Storage Inc. EXR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report SL Green Realty Corporation (SLG): Free Stock Analysis Report Terreno Realty Corporation (TRNO): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report To read this article on Zacks.com click here. Ushering in good news for the shareholders, SL Green Realty 's SLG board of directors announced a $500-million increase in its share buyback program. | Stocks to Consider A few better-ranked stocks from the same space include Terreno Realty Corporation TRNO , Arbor Realty Trust ABR and Extra Space Storage Inc. EXR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report SL Green Realty Corporation (SLG): Free Stock Analysis Report Terreno Realty Corporation (TRNO): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report To read this article on Zacks.com click here. While Terreno Realty sports a Zacks Rank #1 (Strong Buy), Arbor Realty and Extra Space Storage carry a Zacks Rank #2 (Buy). | Stocks to Consider A few better-ranked stocks from the same space include Terreno Realty Corporation TRNO , Arbor Realty Trust ABR and Extra Space Storage Inc. EXR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report SL Green Realty Corporation (SLG): Free Stock Analysis Report Terreno Realty Corporation (TRNO): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty Trust's Zacks Consensus Estimate for 2018 FFO per share has remained unchanged at $1.03 over the past month. | Stocks to Consider A few better-ranked stocks from the same space include Terreno Realty Corporation TRNO , Arbor Realty Trust ABR and Extra Space Storage Inc. EXR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report SL Green Realty Corporation (SLG): Free Stock Analysis Report Terreno Realty Corporation (TRNO): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report To read this article on Zacks.com click here. Up till now, SL Green has repurchased 15,067,975 shares. |
30180.0 | 2018-06-14 00:00:00 UTC | Financial Sector Update for 06/14/2018: HMST,SLG,ABR,HTGC | ABR | https://www.nasdaq.com/articles/financial-sector-update-06142018-hmstslgabrhtgc-2018-06-14 | nan | nan | Top Financial Stocks
JPM -1.50%
BAC -1.01%
WFC -0.52%
C -1.51%
USB -0.06%
Financial stocks were broadly lower today, with the NYSE Financial Sector falling over 0.4% while financial companies in the S&P 500 Index were falling almost 0.8%. The Philadelphia Housing Sector Index was climbing nearly 0.1%.
Among financial stocks moving on news:
- HomeStreet ( HMST ) was nearly 1% lower in late Thursday trading after saying it was streamlining its Mortgage Banking segment following several quarters of challenges in the single-family mortgage market reducing loan origination volume and profit margins. The company plans to consolidate 19 of its single family home lending centers, including both primary and satellite offices and at one regional processing center. As a result, 127 employees, or about 10% of its workforce in that area, will lose their jobs. It expects to record a $6.5 million one-time pre-tax charge against its Q2 results related to lease terminations and the write-off of fixed assets and tenant improvements at eleven HLCs.
In other sector news:
+ SL Green Realty ( SLG ) climbed over 1% on Thursday, steadily building on its initial advance that followed the real estate investment trust authorizing the repurchase of an additional $500 million of its common stock, increasing its total authorization to $2 billion. The company - the largest office landlord in New York City - already has re-acquired and retired 15.1 million of its shares under its orginal August 2016 stock buyback program, which also received a similiar $500 increase in available funds in December 2017.
+ Arbor Realty Trust ( ABR ) has turned slightly higher in recent trade, reversing a small decline previously in Thursday's session, after the real estate investment trust late Wednesday filed a mixed-shelf prospectus seeking to raise up to $500 million from the sale of common and preferred stock, depositary shares, warrants or debt securities. It expects to use any net proceeds from a future offering to invest in real estate loans and securities as well as buying or paying liabilities and for general corporate purposes.
- Hercules Capital ( HTGC ) was almost 1% higher on Thursday after the specialty lender said Wednesday's quarter-point increase in borrowing rates by the Federal Reserve will likely boost its investment income by $3.1 million, or about $0.04 per share, over the rest of its FY18. Through March 31, 96.5% of Hercules' $1.4 billion debt investment portfolio was priced at the bank prime rate or at a LIBOR-based floating rate while all of its outstanding debt has a fixed interest rate.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | + Arbor Realty Trust ( ABR ) has turned slightly higher in recent trade, reversing a small decline previously in Thursday's session, after the real estate investment trust late Wednesday filed a mixed-shelf prospectus seeking to raise up to $500 million from the sale of common and preferred stock, depositary shares, warrants or debt securities. It expects to record a $6.5 million one-time pre-tax charge against its Q2 results related to lease terminations and the write-off of fixed assets and tenant improvements at eleven HLCs. The company - the largest office landlord in New York City - already has re-acquired and retired 15.1 million of its shares under its orginal August 2016 stock buyback program, which also received a similiar $500 increase in available funds in December 2017. | + Arbor Realty Trust ( ABR ) has turned slightly higher in recent trade, reversing a small decline previously in Thursday's session, after the real estate investment trust late Wednesday filed a mixed-shelf prospectus seeking to raise up to $500 million from the sale of common and preferred stock, depositary shares, warrants or debt securities. In other sector news: + SL Green Realty ( SLG ) climbed over 1% on Thursday, steadily building on its initial advance that followed the real estate investment trust authorizing the repurchase of an additional $500 million of its common stock, increasing its total authorization to $2 billion. Through March 31, 96.5% of Hercules' $1.4 billion debt investment portfolio was priced at the bank prime rate or at a LIBOR-based floating rate while all of its outstanding debt has a fixed interest rate. | + Arbor Realty Trust ( ABR ) has turned slightly higher in recent trade, reversing a small decline previously in Thursday's session, after the real estate investment trust late Wednesday filed a mixed-shelf prospectus seeking to raise up to $500 million from the sale of common and preferred stock, depositary shares, warrants or debt securities. Financial stocks were broadly lower today, with the NYSE Financial Sector falling over 0.4% while financial companies in the S&P 500 Index were falling almost 0.8%. In other sector news: + SL Green Realty ( SLG ) climbed over 1% on Thursday, steadily building on its initial advance that followed the real estate investment trust authorizing the repurchase of an additional $500 million of its common stock, increasing its total authorization to $2 billion. | + Arbor Realty Trust ( ABR ) has turned slightly higher in recent trade, reversing a small decline previously in Thursday's session, after the real estate investment trust late Wednesday filed a mixed-shelf prospectus seeking to raise up to $500 million from the sale of common and preferred stock, depositary shares, warrants or debt securities. Financial stocks were broadly lower today, with the NYSE Financial Sector falling over 0.4% while financial companies in the S&P 500 Index were falling almost 0.8%. The company plans to consolidate 19 of its single family home lending centers, including both primary and satellite offices and at one regional processing center. |
30181.0 | 2018-06-14 00:00:00 UTC | Here's Why Hold Strategy is Apt for Cousins Properties Now | ABR | https://www.nasdaq.com/articles/heres-why-hold-strategy-is-apt-for-cousins-properties-now-2018-06-14 | nan | nan | Cousins Properties ' CUZ unmatched portfolio of Class A office assets, located in Sun Belt markets, enables it to enjoy high demand. Moreover, the company is focusing on trophy assets and opportunistic developments in targeted submarkets to strengthen its platform. These efforts to fortify its position in markets, with robust rent growth, augur well for long-term growth.
However, stiff competition from other market players remains a concern before the company as this impacts its ability to retain and attract tenants at higher rents. Further, rate hike adds to its woes.
Notably, Cousins Properties owns a portfolio of Class A office assets which is concentrated over the high-growth Sun Belt markets, which, due to their long-term demographic trends, exhibit above-average job growth. Also, assets in these markets command higher rents compared with the broader market. In fact, the majority of the company's office portfolio is situated in the best urban submarkets in each city, offering the company ample room for growth. Further, Cousins Properties has a well-diversified high-end tenant roster with less dependence on a single industry.
Additionally, the company has been making concerted efforts to build a stronger platform with trophy assets and opportunistic developments in high-barrier-to-entry submarkets in Atlanta, Austin, Charlotte, Phoenix and Tampa. In fact, the Class A office real estate environment in these markets has experienced robust net growth and positive net absorption in recent years.
Moreover, Cousins Properties focuses on maintaining a disciplined balance sheet, with ample liquidity to leverage on improving market fundamentals and raise operational efficiency, which aids in long-term growth. The company has also made significant efforts to increase its unencumbered asset pool.
Over the past three months, shares of this Zacks Rank #3 (Hold) stock have outperformed the industry it belongs to. During this period, shares of the company have gained 12.1% against the industry's growth of 5%. Moreover, the trend in estimate revisions of current-year funds from operations (FFO) per share indicates a steady earnings outlook for the company.
Nevertheless, Cousins Properties faces intense competition from developers, owners and operators of office properties and other commercial real estates, including sublease space available from its tenants. Moreover, supply is increasing in the market therefore any robust growth is likely to remain elusive in the near term.
Further, rise in interest rates poses a challenge for Cousins Properties. This is because the company's ability to refinance existing debt would be restricted while interest cost on new debt would increase. This could adversely affect the company's financial results and consequently dent its dividend payout.
Stocks to Consider
A few better-ranked stocks from the same space include LaSalle Hotel Properties LHO , Park Hotels & Resorts Inc. PK and Arbor Realty Trust ABR . While LaSalle Hotel and Park Hotels & Resorts sport a Zacks Rank of 1 (Strong Buy), Arbor Realty carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
LaSalle Hotel's FFO per share estimates for 2018 have been revised upward marginally to $2.21 over the past month. The stock has gained 25.7% during the past six months.
Park Hotels & Resorts' Zacks Consensus Estimate for 2018 FFO per share has been revised upward marginally to $2.73 over the past month. The stock has rallied 5.2% in six months' time.
Arbor Realty's Zacks Consensus Estimate for 2018 FFO per share has remained unchanged at $1.03 over the past month. Its shares have returned 15.3% in the past six months.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO) - a widely used metric to gauge the performance of REITs.
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Cousins Properties Incorporated (CUZ): Free Stock Analysis Report
LaSalle Hotel Properties (LHO): Free Stock Analysis Report
Park Hotels & Resorts Inc. (PK): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Stocks to Consider A few better-ranked stocks from the same space include LaSalle Hotel Properties LHO , Park Hotels & Resorts Inc. PK and Arbor Realty Trust ABR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Cousins Properties Incorporated (CUZ): Free Stock Analysis Report LaSalle Hotel Properties (LHO): Free Stock Analysis Report Park Hotels & Resorts Inc. (PK): Free Stock Analysis Report To read this article on Zacks.com click here. Notably, Cousins Properties owns a portfolio of Class A office assets which is concentrated over the high-growth Sun Belt markets, which, due to their long-term demographic trends, exhibit above-average job growth. | Stocks to Consider A few better-ranked stocks from the same space include LaSalle Hotel Properties LHO , Park Hotels & Resorts Inc. PK and Arbor Realty Trust ABR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Cousins Properties Incorporated (CUZ): Free Stock Analysis Report LaSalle Hotel Properties (LHO): Free Stock Analysis Report Park Hotels & Resorts Inc. (PK): Free Stock Analysis Report To read this article on Zacks.com click here. While LaSalle Hotel and Park Hotels & Resorts sport a Zacks Rank of 1 (Strong Buy), Arbor Realty carries a Zacks Rank #2 (Buy). | Stocks to Consider A few better-ranked stocks from the same space include LaSalle Hotel Properties LHO , Park Hotels & Resorts Inc. PK and Arbor Realty Trust ABR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Cousins Properties Incorporated (CUZ): Free Stock Analysis Report LaSalle Hotel Properties (LHO): Free Stock Analysis Report Park Hotels & Resorts Inc. (PK): Free Stock Analysis Report To read this article on Zacks.com click here. Notably, Cousins Properties owns a portfolio of Class A office assets which is concentrated over the high-growth Sun Belt markets, which, due to their long-term demographic trends, exhibit above-average job growth. | Stocks to Consider A few better-ranked stocks from the same space include LaSalle Hotel Properties LHO , Park Hotels & Resorts Inc. PK and Arbor Realty Trust ABR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Cousins Properties Incorporated (CUZ): Free Stock Analysis Report LaSalle Hotel Properties (LHO): Free Stock Analysis Report Park Hotels & Resorts Inc. (PK): Free Stock Analysis Report To read this article on Zacks.com click here. These efforts to fortify its position in markets, with robust rent growth, augur well for long-term growth. |
30182.0 | 2018-06-14 00:00:00 UTC | Financial Sector Update for 06/14/2018: SLG,ABR,HTGC | ABR | https://www.nasdaq.com/articles/financial-sector-update-06142018-slgabrhtgc-2018-06-14 | nan | nan | Top Financial Stocks
JPM -1.55%
BAC -1.12%
WFC -0.82%
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Financial stocks were broadly lower Thursday, with the NYSE Financial Sector falling more than 0.4% while financial companies in the S&P 500 Index were falling almost 1.2%. The Philadelphia Housing Sector Index was climbing nearly 0.1%.
Among financial stocks moving on news:
+ SL Green Realty ( SLG ) climbed more than 1% on Thursday, steadily building on its initial advance that followed the real estate investment trust authorizing the repurchase of an additional $500 million of its common stock, increasing its total authorization to $2 billion. The company - the largest office landlord in New York City - already has re-acquired and retired 15.1 million of its shares under its original August 2016 stock buyback program, which also received a similar $500 increase in available funds in December 2017.
In other sector news:
+ Arbor Realty Trust ( ABR ) has turned slightly higher in recent trading, reversing a small decline previously in Thursday's session, after the real estate investment trust late Wednesday filed a mixed-shelf prospectus seeking to raise up to $500 million from the sale of common and preferred stock, depositary shares, warrants or debt securities. It expects to use any net proceeds from a future offering to invest in real estate loans and securities as well as buying or paying liabilities and for general corporate purposes.
- Hercules Capital ( HTGC ) was almost 1% higher on Thursday after the specialty lender said Wednesday's quarter-point increase in borrowing rates by the Federal Reserve will likely boost its investment income by $3.1 million, or about $0.04 per share, over the rest of its FY18. Through March 31, 96.5% of Hercules' $1.4 billion debt investment portfolio was priced at the bank prime rate or at a LIBOR-based floating rate while all of its outstanding debt has a fixed interest rate. It said the increase to the prime rate will take effect in mid-June and is not expected to have any material impact on its net investment income in Q2; it is seen materializing beginning in Q3.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | In other sector news: + Arbor Realty Trust ( ABR ) has turned slightly higher in recent trading, reversing a small decline previously in Thursday's session, after the real estate investment trust late Wednesday filed a mixed-shelf prospectus seeking to raise up to $500 million from the sale of common and preferred stock, depositary shares, warrants or debt securities. The company - the largest office landlord in New York City - already has re-acquired and retired 15.1 million of its shares under its original August 2016 stock buyback program, which also received a similar $500 increase in available funds in December 2017. It expects to use any net proceeds from a future offering to invest in real estate loans and securities as well as buying or paying liabilities and for general corporate purposes. | In other sector news: + Arbor Realty Trust ( ABR ) has turned slightly higher in recent trading, reversing a small decline previously in Thursday's session, after the real estate investment trust late Wednesday filed a mixed-shelf prospectus seeking to raise up to $500 million from the sale of common and preferred stock, depositary shares, warrants or debt securities. Among financial stocks moving on news: + SL Green Realty ( SLG ) climbed more than 1% on Thursday, steadily building on its initial advance that followed the real estate investment trust authorizing the repurchase of an additional $500 million of its common stock, increasing its total authorization to $2 billion. Through March 31, 96.5% of Hercules' $1.4 billion debt investment portfolio was priced at the bank prime rate or at a LIBOR-based floating rate while all of its outstanding debt has a fixed interest rate. | In other sector news: + Arbor Realty Trust ( ABR ) has turned slightly higher in recent trading, reversing a small decline previously in Thursday's session, after the real estate investment trust late Wednesday filed a mixed-shelf prospectus seeking to raise up to $500 million from the sale of common and preferred stock, depositary shares, warrants or debt securities. Financial stocks were broadly lower Thursday, with the NYSE Financial Sector falling more than 0.4% while financial companies in the S&P 500 Index were falling almost 1.2%. Among financial stocks moving on news: + SL Green Realty ( SLG ) climbed more than 1% on Thursday, steadily building on its initial advance that followed the real estate investment trust authorizing the repurchase of an additional $500 million of its common stock, increasing its total authorization to $2 billion. | In other sector news: + Arbor Realty Trust ( ABR ) has turned slightly higher in recent trading, reversing a small decline previously in Thursday's session, after the real estate investment trust late Wednesday filed a mixed-shelf prospectus seeking to raise up to $500 million from the sale of common and preferred stock, depositary shares, warrants or debt securities. Financial stocks were broadly lower Thursday, with the NYSE Financial Sector falling more than 0.4% while financial companies in the S&P 500 Index were falling almost 1.2%. - Hercules Capital ( HTGC ) was almost 1% higher on Thursday after the specialty lender said Wednesday's quarter-point increase in borrowing rates by the Federal Reserve will likely boost its investment income by $3.1 million, or about $0.04 per share, over the rest of its FY18. |
30183.0 | 2018-06-13 00:00:00 UTC | Is it Wise to Retain Mark-Cali (CLI) Stock in Your Portfolio? | ABR | https://www.nasdaq.com/articles/is-it-wise-to-retain-mark-cali-cli-stock-in-your-portfolio-2018-06-13 | nan | nan | Mack-Cali Realty CorporationCLI enjoys a strong presence in high barrier-to-entry markets and has been focusing on the waterfront and transit-oriented office properties. Further, large commercial tenant base and diversification into the apartment sector is expected to drive its long-term growth.
Nevertheless, elevated expenses and the dilutive impact on earnings from huge asset sales remain concerns for the company. Rate hikes also add to its woes.
Notably, Mack-Cali, with around 750 commercial tenants from diverse industries, enjoys a dominant presence in high barrier-to-entry markets in the United States, especially in the Northeast region. A diversified tenant base helps the company to enjoy a steady revenue stream while avoiding shortcomings related to any particular sector.
Further, Mack-Cali has been making concerted efforts in recent years to transform from a sub-urban office real estate investment trust (REIT) to a residential and geographically-focused office REIT. The company announced a three-year strategic initiative in September 2015. The initiative is aimed at transforming the company into a more concentrated owner of New Jersey Hudson River waterfront and transit-oriented office properties as well as a regional owner of luxury multi-family residential properties.
The company is targeting an increased lease percentage for office portfolio and aiming to curb expenses in office operations as well as reduce debt levels. Further, Mack-Cali is focusing on upgrading its present amenities and improving offerings with major capital investment programs. With such strategic efforts, the company plans to improve cash flow and achieve better margins in both office and multi-family apartment portfolios while strengthening its balance sheet position. Such efforts augur well for its long-term growth.
Also, shares of Mack-Cali have outperformed the industry it belongs to in the past three months. Its shares have gained 14.3% compared with 4.6% growth recorded by the industry. Moreover, the stock has seen the Zacks Consensus Estimate for 2018 funds from operations (FFO) per share remaining stable in a month's time.
However, as part of portfolio-streamlining efforts, Mack-Cali has been aggressively disposing of its assets. The company completed $528-million property sales in 2017, and in first-quarter 2018, it accomplished the disposition of 20 properties, comprising 1.7 million square feet of space, for $232 million. Further, the company expects additional dispositions of $170 million to be completed by the end of the year. In fact, it anticipates $375-$425 million of dispositions for full-year 2018. This will mark the completion of the company's major disposition program. Sales will occur on a select one-off basis in future. While these measures are strategically fit for the long run, the dilutive impact on earnings from such huge asset sales cannot be bypassed in the near term.
Moreover, Mack-Cali continues to pursue multi-family residential investments. While this strategy is encouraging from the long-term perspective, it involves significant upfront operating expenses and hence, limits the company's growth momentum.
Also, any hike in interest rate can pose a challenge for Mack-Cali. This is because the company's ability to refinance existing debt would be restricted while the interest cost on new debt would increase. This could adversely impact the company's financial results and consequently dent its dividend payout.
Mark-Cali currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
Stocks to Consider
A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Terreno Realty Corporation TRNO and Extra Space Storage Inc. EXR . While Arbor Realty and Terreno Realty sport a Zacks Rank of 1, Extra Space Storage carries a Zacks Rank of 2 (Buy).
Arbor Realty's Zacks Consensus Estimate for 2018 FFO per share has remained unchanged at $1.03 over the past month. Its shares have returned 15.3% in the past six months.
Terreno Realty's Zacks Consensus Estimate for 2018 FFO per share has been revised upward by 1.6% to $1.28 over the past month. The stock has rallied 2.9% in six months' time.
Extra Space Storage's FFO per share estimates for 2018 have been revised upward marginally to $4.62 over the past month. The stock has gained 12.4% during the past six months.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO) - a widely used metric to gauge the performance of REITs.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Arbor Realty Trust (ABR): Free Stock Analysis Report
Mack-Cali Realty Corporation (CLI): Free Stock Analysis Report
Terreno Realty Corporation (TRNO): Free Stock Analysis Report
Extra Space Storage Inc (EXR): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Stocks to Consider A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Terreno Realty Corporation TRNO and Extra Space Storage Inc. EXR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Mack-Cali Realty Corporation (CLI): Free Stock Analysis Report Terreno Realty Corporation (TRNO): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report To read this article on Zacks.com click here. Mack-Cali Realty CorporationCLI enjoys a strong presence in high barrier-to-entry markets and has been focusing on the waterfront and transit-oriented office properties. | Stocks to Consider A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Terreno Realty Corporation TRNO and Extra Space Storage Inc. EXR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Mack-Cali Realty Corporation (CLI): Free Stock Analysis Report Terreno Realty Corporation (TRNO): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report To read this article on Zacks.com click here. While Arbor Realty and Terreno Realty sport a Zacks Rank of 1, Extra Space Storage carries a Zacks Rank of 2 (Buy). | Stocks to Consider A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Terreno Realty Corporation TRNO and Extra Space Storage Inc. EXR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Mack-Cali Realty Corporation (CLI): Free Stock Analysis Report Terreno Realty Corporation (TRNO): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report To read this article on Zacks.com click here. The company completed $528-million property sales in 2017, and in first-quarter 2018, it accomplished the disposition of 20 properties, comprising 1.7 million square feet of space, for $232 million. | Stocks to Consider A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Terreno Realty Corporation TRNO and Extra Space Storage Inc. EXR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Mack-Cali Realty Corporation (CLI): Free Stock Analysis Report Terreno Realty Corporation (TRNO): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report To read this article on Zacks.com click here. The initiative is aimed at transforming the company into a more concentrated owner of New Jersey Hudson River waterfront and transit-oriented office properties as well as a regional owner of luxury multi-family residential properties. |
30184.0 | 2018-06-13 00:00:00 UTC | Alexandria (ARE) Announces Pricing of $900M Senior Notes | ABR | https://www.nasdaq.com/articles/alexandria-are-announces-pricing-of-%24900m-senior-notes-2018-06-13 | nan | nan | Alexandria Real Estate Equities, Inc.ARE recently announced the pricing of $900 million of senior notes. The company will be using the proceeds for green projects and towards the general and corporate purposes.
Particularly, the company has priced the public offering in two tranches. The first tranche consists notes of $450 million with a rate of 4% and is slated to mature in 2024. The second tranche comprises notes of $450 million with a rate of 4.7% and is scheduled to mature in 2030. Subject to the satisfaction of certain customary closing conditions, the offering is likely to be settled on Jun 21, 2018.
The notes that are due in 2024, have been priced at 99.933% of the principal amount to yield 4.013%. Whereas the notes that are due in 2030, are priced at 99.916% of the principal amount and will be yielding 4.709% at maturity.
The notes, which are unconditionally guaranteed by Alexandria Real Estate Equities, L.P. - an indirect subsidiary of the Alexandria - are unsecured obligations of the company.
Alexandria plans to utilize the proceeds from notes due 2024 in green projects, which focus on the development, redevelopment and improvement of tenants. The projects have either received or are likely to get Gold or Platinum LEED certification.
The proceeds from the other offering will be used to pay for general as well as corporate purposes. This includes lowering unsecured senior debt obligations assumed by Alexandria.
Notably, the company's growth initiatives, in the form of development and redevelopment of new Class A properties in AAA locations, is likely to get a boost from this offering. In fact, during first-quarter 2018, the company placed into service 91,155 rentable square feet (RSF) at its development project at 100 Binney Street in Cambridge submarket, which is fully leased to four high-quality biotechnology entities, and 27,315 RSF at its redevelopment project at 266 and 275 Second Avenue in Route 128 submarket leased to Visterra, Inc. During the aforementioned period, Alexandria also commenced development projects aggregating 651,951 RSF.
Shares of Alexandria have outperformed the industry it belongs to in the past 12 months. The stock has gained 6.6% against 3.3% decline experienced by its industry. Further, the company has seen the Zacks Consensus Estimate for 2018 funds from operations (FFO) per share being revised marginally upward in a month's time.
Alexandria currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
Stocks to Consider
A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Terreno Realty Corporation TRNO and Extra Space Storage Inc. EXR . While Arbor Realty and Terreno Realty sport a Zacks Rank #1, Extra Space Storage carries a Zacks Rank #2 (Buy).
Arbor Realty Trust's Zacks Consensus Estimates for 2018 FFO per share remained unchanged at $1.03 over the past month. Its shares have returned 15.3% in the past six months.
Terreno Realty's Zacks Consensus Estimates for 2018 FFO per share have been revised upward by 1.6% to $1.28 over the past month. The stock has rallied 2.9% in six months' time.
Extra Space Storage's FFO per share estimates for 2018 have been revised upward marginally to $4.62 over the past month. The stock has gained 12.4% during the past six months.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO) - a widely used metric to gauge the performance of REITs.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Arbor Realty Trust (ABR): Free Stock Analysis Report
Terreno Realty Corporation (TRNO): Free Stock Analysis Report
Extra Space Storage Inc (EXR): Free Stock Analysis Report
Alexandria Real Estate Equities, Inc. (ARE): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Stocks to Consider A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Terreno Realty Corporation TRNO and Extra Space Storage Inc. EXR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Terreno Realty Corporation (TRNO): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report Alexandria Real Estate Equities, Inc. (ARE): Free Stock Analysis Report To read this article on Zacks.com click here. Alexandria plans to utilize the proceeds from notes due 2024 in green projects, which focus on the development, redevelopment and improvement of tenants. | Stocks to Consider A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Terreno Realty Corporation TRNO and Extra Space Storage Inc. EXR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Terreno Realty Corporation (TRNO): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report Alexandria Real Estate Equities, Inc. (ARE): Free Stock Analysis Report To read this article on Zacks.com click here. While Arbor Realty and Terreno Realty sport a Zacks Rank #1, Extra Space Storage carries a Zacks Rank #2 (Buy). | Stocks to Consider A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Terreno Realty Corporation TRNO and Extra Space Storage Inc. EXR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Terreno Realty Corporation (TRNO): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report Alexandria Real Estate Equities, Inc. (ARE): Free Stock Analysis Report To read this article on Zacks.com click here. In fact, during first-quarter 2018, the company placed into service 91,155 rentable square feet (RSF) at its development project at 100 Binney Street in Cambridge submarket, which is fully leased to four high-quality biotechnology entities, and 27,315 RSF at its redevelopment project at 266 and 275 Second Avenue in Route 128 submarket leased to Visterra, Inc. During the aforementioned period, Alexandria also commenced development projects aggregating 651,951 RSF. | Stocks to Consider A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Terreno Realty Corporation TRNO and Extra Space Storage Inc. EXR . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Terreno Realty Corporation (TRNO): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report Alexandria Real Estate Equities, Inc. (ARE): Free Stock Analysis Report To read this article on Zacks.com click here. Alexandria Real Estate Equities, Inc.ARE recently announced the pricing of $900 million of senior notes. |
30185.0 | 2018-06-07 00:00:00 UTC | Mack-Cali's (CLI) Revamped Office Property Now 100% Occupied | ABR | https://www.nasdaq.com/articles/mack-calis-cli-revamped-office-property-now-100-occupied-2018-06-07 | nan | nan | Mack-Cali Realty CorporationCLI recently announced that it has signed a long-term lease with Plymouth Rock - a leading provider of personal and commercial automotive insurance - for 130,000 square feet of space at the company's Class A office complex, 581 Main Street Woodbridge, NJ. This lease has enabled the company to achieve full occupancy.
Notably, the 12-year deal follows Mack-Cali's comprehensive capital-investment program at the property, aimed to upgrade amenities at the property. In fact, the property's common spaces were refurbished with new entryway and lobby, full-service café, fitness center, conference room, and exterior landscaping. Further, technological features like electric vehicle-charging stations were integrated. Hence, the overhaul plan has likely driven occupancy at the property.
In addition, the eight-story Class A building is strategically located in one of the busiest business corridors in the area and is just 20 minutes away from the Newark Liberty International Airport. In fact, 581 Main Street provides easy access to the New Jersey Turnpike. Also, it is well connected to the Metropark and Woodbridge rail stations, as well as the NJ Transit bus service. Convenient transit access has likely favored demand for the property.
Per management, Plymouth Rock's lease in Woodbridge "positions the company for continued growth". In fact, Plymouth has significant presence throughout the Northeastern region of the nation.
Importantly, this deal reflects the effectiveness of Mack-Cali's strategic plan aimed at focusing on waterfront and transit-based office holdings to increase leased percentage for its office portfolio. The company plans to execute this strategy by upgrading its present amenities and improve offerings with major capital-investment programs. Such moves will improve quality of cash flow, and enable the company to achieve better margins and strengthen its balance-sheet position.
This Zacks Rank #3 (Hold) company has outperformed its industry in the past three months. Shares of Duke Realty have risen 14.3% compared with the industry's gain of 6.1%.
Stocks Worth a Look
A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . While Arbor Realty sports a Zacks Rank of 1 (Strong Buy), the other two stocks carry a Zacks Rank of 2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
Arbor Realty Trust's Zacks Consensus Estimate for 2018 FFO per share remained unchanged at $1.03 in a month's time. Its shares have returned 12.9% in a year's time.
Lamar's FFO per share estimates for the current year have been revised 1.1% upward to $5.4 in a week's time. Its shares have gained 2.3% in the past year.
Prologis' FFO per share estimates for 2018 inched up 0.7% to $2.98 over the past month. Its shares have appreciated 16.8% over the past year.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO) - a widely used metric to gauge the performance of REITs.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Lamar Advertising Company (LAMR): Free Stock Analysis Report
Arbor Realty Trust (ABR): Free Stock Analysis Report
Prologis, Inc. (PLD): Free Stock Analysis Report
Mack-Cali Realty Corporation (CLI): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . Click to get this free report Lamar Advertising Company (LAMR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report Mack-Cali Realty Corporation (CLI): Free Stock Analysis Report To read this article on Zacks.com click here. Mack-Cali Realty CorporationCLI recently announced that it has signed a long-term lease with Plymouth Rock - a leading provider of personal and commercial automotive insurance - for 130,000 square feet of space at the company's Class A office complex, 581 Main Street Woodbridge, NJ. | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . Click to get this free report Lamar Advertising Company (LAMR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report Mack-Cali Realty Corporation (CLI): Free Stock Analysis Report To read this article on Zacks.com click here. Mack-Cali Realty CorporationCLI recently announced that it has signed a long-term lease with Plymouth Rock - a leading provider of personal and commercial automotive insurance - for 130,000 square feet of space at the company's Class A office complex, 581 Main Street Woodbridge, NJ. | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . Click to get this free report Lamar Advertising Company (LAMR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report Mack-Cali Realty Corporation (CLI): Free Stock Analysis Report To read this article on Zacks.com click here. Mack-Cali Realty CorporationCLI recently announced that it has signed a long-term lease with Plymouth Rock - a leading provider of personal and commercial automotive insurance - for 130,000 square feet of space at the company's Class A office complex, 581 Main Street Woodbridge, NJ. | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . Click to get this free report Lamar Advertising Company (LAMR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report Mack-Cali Realty Corporation (CLI): Free Stock Analysis Report To read this article on Zacks.com click here. Mack-Cali Realty CorporationCLI recently announced that it has signed a long-term lease with Plymouth Rock - a leading provider of personal and commercial automotive insurance - for 130,000 square feet of space at the company's Class A office complex, 581 Main Street Woodbridge, NJ. |
30186.0 | 2018-06-07 00:00:00 UTC | Duke Realty's New Flower Mound Facility Now 71% Preleased | ABR | https://www.nasdaq.com/articles/duke-realtys-new-flower-mound-facility-now-71-preleased-2018-06-07 | nan | nan | Duke Realty CorporationDRE recently announced that it will construct a new bulk distribution facility spanning 635,000 square feet in Flower Mound, a northern suburb of Fort Worth, TX. Notably, 71% of the facility has been preleased to Pittsburgh-based architectural paints and coatings supplier - PPG.
The remaining 185,000 square feet of area in the building will be available for lease. The building will feature 36′-clear height and cross-dock configuration. It is scheduled to be delivered in May 2019.
The bulk warehouse is situated at 1001 Lakeside Parkway in the company's Lakeside Ranch business park. This industrial development is strategically located north of DFW International Airport and has convenient access to important highways. The new facility will strengthen Duke Realty's foothold in North Texas, where the company has sizable in-fill industrial developments.
The company's focus to expand its industrial portfolio in the Dallas-Fort Worth area is a strategic fit as the area has been witnessing robust demand for warehouse and distribution facilities, with nearly 20 million square feet of industrial space under construction. In fact, this industrial real estate investment trust has more than 15.8 million square feet of industrial properties in North Texas.
PPG will use the facility as a distribution center for its architectural paints and coatings operations in the Southwest U.S. The distribution facility will be the largest centre for PPG in the United States and Canada. Further, it will enable the company to grow its presence in the Fort Worth area, as well as complements Duke Realty's new stores in the area.
Industrial real estate investment trusts (REIT) are indeed firing on all cylinders, supported by growth in e-commerce that has compelled companies to enhance, and renovate their distribution and production platforms. Furthermore, with the recovering economy and job market gains, as well as tax reforms, consumption levels are anticipated to remain elevated. Hence, demand for warehouse and logistics real estate is anticipated to shoot up. Given Duke Realty's solid capacity to offer modern, bulk distribution properties, the company remains well poised to capitalize on this trend.
This Zacks Rank #3 (Hold) company has outperformed its industry in the past three months. Shares of Duke Realty have risen 13% compared with the industry's gain of 6.1%.
Stocks Worth a Look
A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . While Arbor Realty sports a Zacks Rank of 1 (Strong Buy), the other two stocks carry a Zacks Rank of 2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
Arbor Realty Trust's Zacks Consensus Estimate for 2018 FFO per share remained unchanged at $1.03 in a month's time. Its shares have returned 12.9% over the past year.
Lamar's FFO per share estimates for the current year have been revised 1.1% upward to $5.4 in a week's time. Its shares have gained 2.3% in the past year.
Prologis' FFO per share estimates for 2018 inched up 0.7% to $2.98 over the past month. Its shares have appreciated 16.8% in a year's time.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO) - a widely used metric to gauge the performance of REITs.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Lamar Advertising Company (LAMR): Free Stock Analysis Report
Arbor Realty Trust (ABR): Free Stock Analysis Report
Prologis, Inc. (PLD): Free Stock Analysis Report
Duke Realty Corporation (DRE): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . Click to get this free report Lamar Advertising Company (LAMR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report Duke Realty Corporation (DRE): Free Stock Analysis Report To read this article on Zacks.com click here. Duke Realty CorporationDRE recently announced that it will construct a new bulk distribution facility spanning 635,000 square feet in Flower Mound, a northern suburb of Fort Worth, TX. | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . Click to get this free report Lamar Advertising Company (LAMR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report Duke Realty Corporation (DRE): Free Stock Analysis Report To read this article on Zacks.com click here. In fact, this industrial real estate investment trust has more than 15.8 million square feet of industrial properties in North Texas. | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . Click to get this free report Lamar Advertising Company (LAMR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report Duke Realty Corporation (DRE): Free Stock Analysis Report To read this article on Zacks.com click here. The company's focus to expand its industrial portfolio in the Dallas-Fort Worth area is a strategic fit as the area has been witnessing robust demand for warehouse and distribution facilities, with nearly 20 million square feet of industrial space under construction. | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . Click to get this free report Lamar Advertising Company (LAMR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report Duke Realty Corporation (DRE): Free Stock Analysis Report To read this article on Zacks.com click here. The remaining 185,000 square feet of area in the building will be available for lease. |
30187.0 | 2018-06-06 00:00:00 UTC | Iron Mountain Closes Amended Loan Facility, Boosts Strength | ABR | https://www.nasdaq.com/articles/iron-mountain-closes-amended-loan-facility-boosts-strength-2018-06-06 | nan | nan | Iron Mountain IncorporatedIRM recently boosted its financial position by closing an amended and refinanced secured revolving facility. The move offers greater flexibility to the company as it offers a $1,750-million senior secured loan and another $250-million term loan A.
Amendments have been made in the funded term-loan component, as well as the revolving component of the credit facility.The restated loan has enabled the company to stretch debt maturities from June 2022 to June 2023.
Notably, the company can withdraw funds in different currencies like U.S. dollars, Canadian dollars, British pounds sterling and Euros, among other. Moreover, borrowings under the revolving line of credit will be used for general corporate purposes.
The amended loan reduces the interest rate margins on the revolver and term loan by 25 basis points (bps). Depending on the company's leverage ratio, currency used and type of loan opted, interest rate margins for the facility will be in the 25-175 bps band.
The decrease in interest rate is anticipated to reduce the company's annualized interest expense significantly. The move will improve the company's cash flow and alleviate its bottom-line pressure as well. This reduction will strengthen Iron Mountain's balance sheet.
Nonetheless, per the term loan B of the credit agreement, including terms-related maturity, amortization and interest rate will remain unchanged. The company has a $700-million term loan B under the existing credit agreement.
The amendment, which boosts the company's financial flexibility and future investment activities, highlights lenders' confidence in the company. Extending maturities provide the company ample scope for deploying capital for long-term growth opportunities and carrying out acquisition initiatives.
In fact, as the company plans to grow its dividend by another 7% to $2.35 by 2018 and 4% annually beyond 2018, the refinancing will enable managing to meet these goals and reward shareholders with higher returns.
This Zacks Rank #3 (Hold) company has underperformed its industry in the past three months. Shares of Iron Mountain have risen 6.3% compared with the industry's gain of 7.6%.
Stocks Worth a Look
A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . While Arbor Realty sports a Zacks Rank of 1 (Strong Buy), the other two stocks carry a Zacks Rank of 2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
Arbor Realty Trust's Zacks Consensus Estimate for 2018 FFO per share has risen 14.4% to $1.03 in a month's time. Its shares have returned 14.5% over the past year.
Lamar's FFO per share estimates for the current year remained unchanged at $5.34 in the past month. Its shares have gained 1.8% in a year's time.
Prologis' FFO per share estimates for 2018 have inched up 0.7% to $2.98 over the past month. Its shares have appreciated 16.9% over the past year.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO) - a widely used metric to gauge the performance of REITs.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
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Lamar Advertising Company (LAMR): Free Stock Analysis Report
Arbor Realty Trust (ABR): Free Stock Analysis Report
Prologis, Inc. (PLD): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . Click to get this free report Iron Mountain Incorporated (IRM): Free Stock Analysis Report Lamar Advertising Company (LAMR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report To read this article on Zacks.com click here. Depending on the company's leverage ratio, currency used and type of loan opted, interest rate margins for the facility will be in the 25-175 bps band. | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . Click to get this free report Iron Mountain Incorporated (IRM): Free Stock Analysis Report Lamar Advertising Company (LAMR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report To read this article on Zacks.com click here. The amended loan reduces the interest rate margins on the revolver and term loan by 25 basis points (bps). | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . Click to get this free report Iron Mountain Incorporated (IRM): Free Stock Analysis Report Lamar Advertising Company (LAMR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report To read this article on Zacks.com click here. Amendments have been made in the funded term-loan component, as well as the revolving component of the credit facility.The restated loan has enabled the company to stretch debt maturities from June 2022 to June 2023. | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . Click to get this free report Iron Mountain Incorporated (IRM): Free Stock Analysis Report Lamar Advertising Company (LAMR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report To read this article on Zacks.com click here. The amended loan reduces the interest rate margins on the revolver and term loan by 25 basis points (bps). |
30188.0 | 2018-06-06 00:00:00 UTC | 5 of the Best Stocks Under $10 for 2018 | ABR | https://www.nasdaq.com/articles/5-best-stocks-under-10-2018-2018-06-06 | nan | nan | Here at Zacks, we don't generally classify stocks as "cheap" or "expensive," and rather than looking at the stock's face value, we have a system that puts an emphasis on earnings estimate revisions to find stocks that will hopefully be winners for investors.
That being said, low-priced stocks can be attractive to smaller investors that can't necessarily afford large stakes in companies with higher priced shares. When looking at these low-priced stocks, we can look at the same trends in growth, value, and momentum and apply the Zacks Rank to properly analyze the potential that these companies have.
Today we've highlighted five stocks that are currently trading for under $10 per share. All of these stocks currently sport a Zacks Rank #2 (Buy) or better, and the selected companies are showing signs of outpacing the market in the current calendar year.
Check out these five great stocks under $10 for 2018:
1. Audiocodes Ltd. (AUDC)
Prior Close: $7.33
AudioCodes designs, develops and markets enabling technologies and communication components for the transmission of voice, fax and modem over packet networks. AUDC is a solid growth pick, with earnings expected to improve by 22% and revenue projected to expand by 9% this year. Meanwhile, the stock has a P/E of just 16.3, which is a discount compared to the average of our "Communication - Components" group. Its P/S ratio of 1.3 also helps show that investors are getting a great price on this stock. AUDC is currently sporting a Zacks Rank #2 (Buy).
2. Commercial Vehicle Group, Inc. (CVGI)
Prior Close: $8.02
Commercial Vehicle Group supplies interior systems, vision safety solutions and other cab-related products for the global commercial vehicle market. CVGI is holding a Zacks Rank #1 (Strong Buy) and looks undervalued at its current share price levels. The stock is trading with a P/E of just 6.1, which is a significant discount compared to its industry and the broader market. CVGI also has a P/S of 0.3 and a P/CF of 8.2-both of which support a value argument. And of course, it is worth noting that CVGI's earnings are expected to grow by 200% in 2018.
3. Arbor Realty Trust (ABR)
Prior Close: $9.33
Arbor Realty is a specialized real estate finance company focused on investments in real estate-related bridge and mezzanine loans, preferred equity, and mortgage-related securities. ABR has soared since crushing earnings estimates last month, and positive analyst sentiment in the wake of that report has earned the stock a Zacks Rank #1 (Strong Buy). Shares look undervalued at just 9.1x forward earnings, and since ABR operates as a REIT, investors get a solid income stream from the company. In fact, ABR is currently offering a dividend yield of 10.7%.
4. IEC Electronics Corp. (IEC)
Prior Close: $5.57
IEC Electronics is a provider of electronic contract manufacturing services, including circuit cards, cable loads, and wire harness assemblies. The stock is another option with strong earnings momentum, beating estimates by more than 200% last month. It is also an incredible growth stock, with current estimates calling for adjusted profits to improve by quadruple digits this fiscal year. Still, IEC's P/E of 11.4 and P/S of 0.5 imply that investors are getting a solid price for the stock, which is currently sporting a Zacks Rank #1 (Strong Buy).
5. Camtek Ltd. (CAMT)
Prior Close: $8.49
Camtek is a developer of automatic optical inspection systems that are used to enhance both production processes and yield for manufacturers in the circuit board and semiconductor industries. CAMT has a Zacks Rank #2 (Buy) and is also an exciting growth pick, with EPS figures expected to improve by 81.5% in the current fiscal year and an additional 25.5% in 2019. Still, the stock is trading with a Forward P/E of just 17.3-so its valuation is hardly stretched considering its rapid expansion opportunities.
Bottom Line
A stock's market price is certainly not the most important factor to consider when considering whether or not to add it to your portfolio, and sales and earnings growth projections can prove to be tough to live up to.
Nevertheless, we can always use Zacks' proven methods of finding quality stocks, and these five companies just happen to be showing strength while also trading for under $10 per share.
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Camtek Ltd. (CAMT): Free Stock Analysis Report
Arbor Realty Trust (ABR): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arbor Realty Trust (ABR) Prior Close: $9.33 Arbor Realty is a specialized real estate finance company focused on investments in real estate-related bridge and mezzanine loans, preferred equity, and mortgage-related securities. ABR has soared since crushing earnings estimates last month, and positive analyst sentiment in the wake of that report has earned the stock a Zacks Rank #1 (Strong Buy). Shares look undervalued at just 9.1x forward earnings, and since ABR operates as a REIT, investors get a solid income stream from the company. | Arbor Realty Trust (ABR) Prior Close: $9.33 Arbor Realty is a specialized real estate finance company focused on investments in real estate-related bridge and mezzanine loans, preferred equity, and mortgage-related securities. Click to get this free report AudioCodes Ltd. (AUDC): Free Stock Analysis Report Commercial Vehicle Group, Inc. (CVGI): Free Stock Analysis Report IEC Electronics Corp. (IEC): Free Stock Analysis Report Camtek Ltd. (CAMT): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. ABR has soared since crushing earnings estimates last month, and positive analyst sentiment in the wake of that report has earned the stock a Zacks Rank #1 (Strong Buy). | ABR has soared since crushing earnings estimates last month, and positive analyst sentiment in the wake of that report has earned the stock a Zacks Rank #1 (Strong Buy). Click to get this free report AudioCodes Ltd. (AUDC): Free Stock Analysis Report Commercial Vehicle Group, Inc. (CVGI): Free Stock Analysis Report IEC Electronics Corp. (IEC): Free Stock Analysis Report Camtek Ltd. (CAMT): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty Trust (ABR) Prior Close: $9.33 Arbor Realty is a specialized real estate finance company focused on investments in real estate-related bridge and mezzanine loans, preferred equity, and mortgage-related securities. | Arbor Realty Trust (ABR) Prior Close: $9.33 Arbor Realty is a specialized real estate finance company focused on investments in real estate-related bridge and mezzanine loans, preferred equity, and mortgage-related securities. ABR has soared since crushing earnings estimates last month, and positive analyst sentiment in the wake of that report has earned the stock a Zacks Rank #1 (Strong Buy). Shares look undervalued at just 9.1x forward earnings, and since ABR operates as a REIT, investors get a solid income stream from the company. |
30189.0 | 2018-06-05 00:00:00 UTC | Moving Average Crossover Alert: Arbor Realty Trust (ABR) | ABR | https://www.nasdaq.com/articles/moving-average-crossover-alert%3A-arbor-realty-trust-abr-2018-06-05 | nan | nan | Arbor Realty TrustABR is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for ABR broke out above the 200 Day Simple Moving Average, suggesting a short-term bullish trend.
This has already started to take place, as the stock has moved higher by 14.4% in the past four weeks. Plus, the company currently has a Zacks Rank #2 (Buy) suggesting that now could definitely be the time for this breakout candidate.
More bullishness may especially be the case when investors consider what has been happening for ABR on the earnings estimate revision front lately. No estimates have gone lower in the past two months, compared to 1 higher, while the consensus estimate has also moved higher too.
So given this move in estimates, and the positive technical factors, investors may want to watch this breakout candidate closely for more gains in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
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Arbor Realty Trust (ABR): Free Stock Analysis Report
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Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arbor Realty TrustABR is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. More bullishness may especially be the case when investors consider what has been happening for ABR on the earnings estimate revision front lately. Recently, the 50 Day Moving Average for ABR broke out above the 200 Day Simple Moving Average, suggesting a short-term bullish trend. | Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty TrustABR is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for ABR broke out above the 200 Day Simple Moving Average, suggesting a short-term bullish trend. | Recently, the 50 Day Moving Average for ABR broke out above the 200 Day Simple Moving Average, suggesting a short-term bullish trend. Arbor Realty TrustABR is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. More bullishness may especially be the case when investors consider what has been happening for ABR on the earnings estimate revision front lately. | Recently, the 50 Day Moving Average for ABR broke out above the 200 Day Simple Moving Average, suggesting a short-term bullish trend. Arbor Realty TrustABR is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. More bullishness may especially be the case when investors consider what has been happening for ABR on the earnings estimate revision front lately. |
30190.0 | 2018-06-05 00:00:00 UTC | DDR Acts on Spin-Off, Announces Distribution Dates for RVI | ABR | https://www.nasdaq.com/articles/ddr-acts-on-spin-off-announces-distribution-dates-for-rvi-2018-06-05 | nan | nan | Making progress with its spin-off, DDR Corp. 's DDR board of directors declared record and distribution dates for the previously announced spin-off of a portfolio of 49 assets, consisting of 37 continental U.S. assets and entire Puerto Rico assets into a separate publicly-traded company - Retail Value Inc. ("RVI") (Read more: DDR to Spin-Off Sellable Properties Into a New Company )
The spin-off will be effected by distributing 100% shares of SpinCo to DDR common shareholders. The distribution is expected to take place on Jul 1, 2018, following which RVI will be managed by one or more subsidiaries of DDR as an independent publicly-traded company.
DDR shareholders, holding 10 common shares of DDR at the close of business on Jun 26, will receive one RVI common share. However, since fractional shares of RVI will not be distributed, DDR common shareholders will receive cash in lieu of any such fractional shares that would be entitled to receive from the distribution.
The company filed RVI's Registration Statement on Form 10 with the SEC on Jun 4, 2018. Also, prior to the distribution date, RVI is expected to receive approval for its common share listing under the ticker "RVI" on the NYSE.
Prior to distribution, RVI common shares will be publicly traded through "when issued" trading, under the ticker symbol "RVI WI". Regular trading of the company shares will commence from Jul 2, 2018.
The split-up is seen as a business strategy to create two separate companies with distinct strategies. Post spin-off, DDR will own 236 properties exhibiting top-tier demographics, and offering maximum scope for growth and redevelopment. On the other hand, RVT is expected to liquidate its entire portfolio within two to three years in order to realize the private market values for the company's properties which are currently discounted by public markets.
This Zacks Rank #3 (Hold) company has outperformed its industry in the past six months. Shares of DDR have gained 2%, as against the industry's loss of 7.9%.
Stocks Worth a Look
A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . All three stocks carry a Zacks Rank of 2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Arbor Realty Trust's Zacks Consensus Estimate for 2018 FFO per share has risen 14.4% to $1.03 in a month's time. Its shares have returned 15.5% over the past year.
Lamar's FFO per share estimates for the current year remained unchanged at $5.34 in the past month. Its shares have gained1.1% in the past year.
Prologis' FFO per share estimates for 2018 have inched up 0.7% to $2.98 over the past month. Its shares have appreciated 17.3% over the past year.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO) - a widely used metric to gauge the performance of REITs.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
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Lamar Advertising Company (LAMR): Free Stock Analysis Report
Arbor Realty Trust (ABR): Free Stock Analysis Report
DDR Corp. (DDR): Free Stock Analysis Report
Prologis, Inc. (PLD): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . Click to get this free report Lamar Advertising Company (LAMR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report DDR Corp. (DDR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report To read this article on Zacks.com click here. The distribution is expected to take place on Jul 1, 2018, following which RVI will be managed by one or more subsidiaries of DDR as an independent publicly-traded company. | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . Click to get this free report Lamar Advertising Company (LAMR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report DDR Corp. (DDR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report To read this article on Zacks.com click here. Making progress with its spin-off, DDR Corp. 's DDR board of directors declared record and distribution dates for the previously announced spin-off of a portfolio of 49 assets, consisting of 37 continental U.S. assets and entire Puerto Rico assets into a separate publicly-traded company - Retail Value Inc. ("RVI") (Read more: DDR to Spin-Off Sellable Properties Into a New Company ) The spin-off will be effected by distributing 100% shares of SpinCo to DDR common shareholders. | Click to get this free report Lamar Advertising Company (LAMR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report DDR Corp. (DDR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . Making progress with its spin-off, DDR Corp. 's DDR board of directors declared record and distribution dates for the previously announced spin-off of a portfolio of 49 assets, consisting of 37 continental U.S. assets and entire Puerto Rico assets into a separate publicly-traded company - Retail Value Inc. ("RVI") (Read more: DDR to Spin-Off Sellable Properties Into a New Company ) The spin-off will be effected by distributing 100% shares of SpinCo to DDR common shareholders. | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . Click to get this free report Lamar Advertising Company (LAMR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report DDR Corp. (DDR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report To read this article on Zacks.com click here. DDR shareholders, holding 10 common shares of DDR at the close of business on Jun 26, will receive one RVI common share. |
30191.0 | 2018-06-05 00:00:00 UTC | SL Green Revamps Portfolio Through Strategic Dispositions | ABR | https://www.nasdaq.com/articles/sl-green-revamps-portfolio-through-strategic-dispositions-2018-06-05 | nan | nan | SL Green RealtySLG is disposing its stake in a joint venture asset and redeeming its investment in a property. These retail transactions are in line with the company's efforts to improve its overall portfolio mix and enhance shareholders value.
Particularly, the company entered into an agreement to sell its ownership stake at 724 Fifth Avenue to its joint venture partner, Jeff Sutton. Notably, Prada has a flagship presence in the building occupying 15,540 square feet of retail space among four floors and 5,200 square feet of office space.
Additionally, SL Green's investment in 720 Fifth Avenue, a 132,317-square-foot building, will be redeemed. The building currently has Abercrombie & Fitch's ANF flagship store. Moreover, the company will be partly repaid on one of its partnership loans.
All the above transactions are subject to customary closing conditions and are likely to be completed by third-quarter 2018. These are expected to collectively generate net proceeds of $85.5 million for SL Green.
Moreover, in May 2018, the company announced that it has entered into an agreement to sell the fee interest at 635 Madison Avenue for a gross consideration of $151 million. Further, the company had also declared that it had successfully bid on the leasehold interest at 2 Herald Square.
These transactions to dispose non-core assets, gives SL Green an opportunity to channelize the proceeds in high-growth properties. The company is the largest commercial landlord of New York City that primarily acquires, manages, develops and leases commercial office properties in the New York Metropolitan area, especially in mid-town Manhattan. The company is likely to experienced decent demand for its properties amid a recovering economy and healthy job market environment.
However, increased supply of office space in some of its markets remains a concern. There is intense competition from developers, owners and operators of office properties, and other commercial real estates and this is likely to restrict its ability to attract and retain tenants at relatively higher rents than its competitors.
So far this year, this Zacks Rank #3 (Hold) stock's decline has been narrower than the industry 's loss. While the company's shares have declined 2.6%, the industry has recorded a loss of 3.1%.
Stocks Worth a Look
A few better-ranked stocks from the same space include Arbor Realty Trust ABR and Columbia Property Trust, Inc. CXP . Both the stocks carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
Arbor Realty Trust's Zacks Consensus Estimate for 2018 FFO per share rose 14.4% to $1.03 over the past month. Its shares have returned 8.9% in the past three months.
Columbia Property Trust's FFO per share estimates for 2018 witnessed rise of 0.7% and moved to $1.46 over the past month. The stock has gained 6.6% during the past three months.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO) - a widely used metric to gauge the performance of REITs
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Arbor Realty Trust (ABR): Free Stock Analysis Report
Abercrombie & Fitch Company (ANF): Free Stock Analysis Report
SL Green Realty Corporation (SLG): Free Stock Analysis Report
Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Stocks Worth a Look A few better-ranked stocks from the same space include Arbor Realty Trust ABR and Columbia Property Trust, Inc. CXP . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Abercrombie & Fitch Company (ANF): Free Stock Analysis Report SL Green Realty Corporation (SLG): Free Stock Analysis Report Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report To read this article on Zacks.com click here. Particularly, the company entered into an agreement to sell its ownership stake at 724 Fifth Avenue to its joint venture partner, Jeff Sutton. | Stocks Worth a Look A few better-ranked stocks from the same space include Arbor Realty Trust ABR and Columbia Property Trust, Inc. CXP . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Abercrombie & Fitch Company (ANF): Free Stock Analysis Report SL Green Realty Corporation (SLG): Free Stock Analysis Report Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Stocks Worth a Look A few better-ranked stocks from the same space include Arbor Realty Trust ABR and Columbia Property Trust, Inc. CXP . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Abercrombie & Fitch Company (ANF): Free Stock Analysis Report SL Green Realty Corporation (SLG): Free Stock Analysis Report Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report To read this article on Zacks.com click here. The company is the largest commercial landlord of New York City that primarily acquires, manages, develops and leases commercial office properties in the New York Metropolitan area, especially in mid-town Manhattan. | Stocks Worth a Look A few better-ranked stocks from the same space include Arbor Realty Trust ABR and Columbia Property Trust, Inc. CXP . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Abercrombie & Fitch Company (ANF): Free Stock Analysis Report SL Green Realty Corporation (SLG): Free Stock Analysis Report Columbia Property Trust, Inc. (CXP): Free Stock Analysis Report To read this article on Zacks.com click here. Notably, Prada has a flagship presence in the building occupying 15,540 square feet of retail space among four floors and 5,200 square feet of office space. |
30192.0 | 2018-06-05 00:00:00 UTC | Alexandria (ARE) Hikes Quarterly Dividends: Time to Hold? | ABR | https://www.nasdaq.com/articles/alexandria-are-hikes-quarterly-dividends%3A-time-to-hold-2018-06-05 | nan | nan | Ushering in good news for its shareholders, Alexandria Real Estate Equities, Inc. 's ARE board of directors announced a 3% hike in the company's quarterly dividend rate to 93 cents from 90 cents paid in the previous quarter. The new dividend is scheduled to be paid on Jul 16, to shareholders of record as of Jun 29, 2018.
Based on the increased rate, the annual dividend comes to $3.72 per share, up from the prior annual rate of $3.6 per share. This leads to an annualized yield of 2.9%, considering the retail real estate investment trust's (REIT) closing price of $127.2 on Jun 4.
Notably, solid dividend payouts are arguably the biggest enticement for real estate investment trusts (REIT) investors and Alexandria had earlier announced a 5% sequential hike in its fourth-quarter 2017 dividend. This reflects the company's continued efforts to improve shareholder wealth.
Per management, this hike is in sync with the Pasadena, CA-based REIT's strategy of sharing growth in cash flows from operating activities with the stockholders, while also retaining a significant portion to reinvest in its strong development and redevelopment pipeline that comprises new Class A properties. Also, as of Mar 31, 2018, the funds from operations (FFO) payout ratio remained at 56%, which is a favorable level. Hence, this dividend is expected to remain sustainable.
In fact, Alexandria has robust fundamentals to back dividend hikes. In fact, the company has been a decent performer, beating the Zacks Consensus Estimate in two of the past four quarters, on funds from operations (FFO) per share basis, with an average positive surprise of 0.48%.
As investors prefer an income-generating stock, a high dividend-yielding one is obviously much coveted. Needless to say, investors are always on the lookout for companies with a track record of consistent and incremental dividend payments to invest their money in.
This Zacks Rank #3 (Hold) company has outperformed its industry in the past six months. Shares of Alexandria have inched up 1%, as against the industry's loss of 3.2%.
Stocks Worth a Look
A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . All three stocks carry a Zacks Rank of 2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Arbor Realty Trust's Zacks Consensus Estimate for 2018 FFO per share has risen 14.4% to $1.03 in a month's time. Its shares have returned 15.5% over the past year.
Lamar's FFO per share estimates for the current year remained unchanged at $5.34 in the past month. Its shares have gained 1.1% in a year's time.
Prologis' FFO per share estimates for 2018 have inched up 0.7% to $2.98 over the past month. Its shares have appreciated 17.3% over the past year.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO) - a widely used metric to gauge the performance of REITs.
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Lamar Advertising Company (LAMR): Free Stock Analysis Report
Arbor Realty Trust (ABR): Free Stock Analysis Report
Prologis, Inc. (PLD): Free Stock Analysis Report
Alexandria Real Estate Equities, Inc. (ARE): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . Click to get this free report Lamar Advertising Company (LAMR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report Alexandria Real Estate Equities, Inc. (ARE): Free Stock Analysis Report To read this article on Zacks.com click here. Per management, this hike is in sync with the Pasadena, CA-based REIT's strategy of sharing growth in cash flows from operating activities with the stockholders, while also retaining a significant portion to reinvest in its strong development and redevelopment pipeline that comprises new Class A properties. | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . Click to get this free report Lamar Advertising Company (LAMR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report Alexandria Real Estate Equities, Inc. (ARE): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty Trust's Zacks Consensus Estimate for 2018 FFO per share has risen 14.4% to $1.03 in a month's time. | Click to get this free report Lamar Advertising Company (LAMR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report Alexandria Real Estate Equities, Inc. (ARE): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . Notably, solid dividend payouts are arguably the biggest enticement for real estate investment trusts (REIT) investors and Alexandria had earlier announced a 5% sequential hike in its fourth-quarter 2017 dividend. | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . Click to get this free report Lamar Advertising Company (LAMR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report Alexandria Real Estate Equities, Inc. (ARE): Free Stock Analysis Report To read this article on Zacks.com click here. This Zacks Rank #3 (Hold) company has outperformed its industry in the past six months. |
30193.0 | 2018-06-04 00:00:00 UTC | Vornado (VNO) to Sell Stake in 666 Fifth Avenue to Kushner | ABR | https://www.nasdaq.com/articles/vornado-vno-to-sell-stake-in-666-fifth-avenue-to-kushner-2018-06-04 | nan | nan | Recently, Vornado Realty TrustVNO announced that it has agreed to sell 49.5% interests in the 666 Fifth Avenue Office Condominium to the company's partner - the Kushner Companies.
Notably, Vornado will continue to own the property's retail arm - 666 Fifth Avenue Retail Condominium - which is leased to Tissot, Uniqlo and Hollister, and has 125 linear feet of frontage on Fifth Avenue at 53rd Street.
The sale contract, subject to fulfillment of customary closing conditions, is scheduled to close in third-quarter 2018. However, the completion of the transaction cannot be assured.
Kushner bought the Manhattan building in 2007, for a record price of $1.8 billion. However, as recession hit Kushner, the company eventually started selling its parts. As a result, in 2011, Vornado acquired 49.5% stake in the building for $80 million and concurrently participated in half of the building's loan of $1.2 billion. This loan, on the 1.4 million-square-foot office tower, is due in February 2019.
Vornado will receive net proceeds of $120 million from the above-mentioned asset disposition. The company expects to realize a gain of $134 million in its financial statement and a tax gain of $244 million. Proceeds from sale of this stake will be used to pay off Vornado's mortgage loan on the property. The company will also receive $58 million from its share in the refinanced mortgage on the property.
This deal is a strategic fit for Vornado as it will enable the company to reduce its debts and pay off near-term loans efficiently. It will also help improve the company's financial position. In addition, the disposition aids the company to reduce asset concentration in the New York City. This bodes well as any deterioration in economy or a fall in real estate markets in the region might hurt the company's financial performance and the value of its properties in the area.
However, Vornado's aggressive dispositions, as part of portfolio-repositioning efforts, are expected to have a near-term dilutive impact on earnings. In fact, the company has identified another $1 billion of assets, which, it expects to sell over the next several years.
Shares of this Zacks Rank #3 (Hold) company have underperformed its industry in the past six months. The stock has declined 8.6%, while the industry incurred loss of 3.6%, during the same time frame.
Stocks Worth a Look
A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . All three stocks carry a Zacks Rank of 2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Arbor Realty Trust's Zacks Consensus Estimate for 2018 FFO per share has risen 14.4% to $1.03 in a month's time. Its shares have returned 15.1% over the past year.
Lamar's FFO per share estimates for the current year remained unchanged at $5.34 in the past month. Its shares have gained 5.5% in three month's time.
Prologis' FFO per share estimates for 2018 have inched up 0.7% to $2.98 over the past month. Its shares have appreciated 15.4% over the past year.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO) - a widely used metric to gauge the performance of REITs.
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Lamar Advertising Company (LAMR): Free Stock Analysis Report
Arbor Realty Trust (ABR): Free Stock Analysis Report
Prologis, Inc. (PLD): Free Stock Analysis Report
Vornado Realty Trust (VNO): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . Click to get this free report Lamar Advertising Company (LAMR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report Vornado Realty Trust (VNO): Free Stock Analysis Report To read this article on Zacks.com click here. This deal is a strategic fit for Vornado as it will enable the company to reduce its debts and pay off near-term loans efficiently. | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . Click to get this free report Lamar Advertising Company (LAMR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report Vornado Realty Trust (VNO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . Click to get this free report Lamar Advertising Company (LAMR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report Vornado Realty Trust (VNO): Free Stock Analysis Report To read this article on Zacks.com click here. Recently, Vornado Realty TrustVNO announced that it has agreed to sell 49.5% interests in the 666 Fifth Avenue Office Condominium to the company's partner - the Kushner Companies. | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . Click to get this free report Lamar Advertising Company (LAMR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report Vornado Realty Trust (VNO): Free Stock Analysis Report To read this article on Zacks.com click here. Vornado will receive net proceeds of $120 million from the above-mentioned asset disposition. |
30194.0 | 2018-06-04 00:00:00 UTC | Top Ranked Income Stocks to Buy for June 4th | ABR | https://www.nasdaq.com/articles/top-ranked-income-stocks-to-buy-for-june-4th-2018-06-04 | nan | nan | Here are four stocks with buy rank and strong income characteristics for investors to consider today, May 4th:
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Triton International Limited (TRTN): Free Stock Analysis Report
H&R Block, Inc. (HRB): Free Stock Analysis Report
Community Trust Bancorp, Inc. (CTBI): Free Stock Analysis Report
Arbor Realty Trust (ABR): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Click to get this free report Triton International Limited (TRTN): Free Stock Analysis Report H&R Block, Inc. (HRB): Free Stock Analysis Report Community Trust Bancorp, Inc. (CTBI): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Here are four stocks with buy rank and strong income characteristics for investors to consider today, May 4th: Want the latest recommendations from Zacks Investment Research? Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Click to get this free report Triton International Limited (TRTN): Free Stock Analysis Report H&R Block, Inc. (HRB): Free Stock Analysis Report Community Trust Bancorp, Inc. (CTBI): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Click to get this free report Triton International Limited (TRTN): Free Stock Analysis Report H&R Block, Inc. (HRB): Free Stock Analysis Report Community Trust Bancorp, Inc. (CTBI): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Click to get this free report Triton International Limited (TRTN): Free Stock Analysis Report H&R Block, Inc. (HRB): Free Stock Analysis Report Community Trust Bancorp, Inc. (CTBI): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Today, you can download 7 Best Stocks for the Next 30 Days. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. |
30195.0 | 2018-06-01 00:00:00 UTC | Extra Space Storage Offers Private Placement of Senior Notes | ABR | https://www.nasdaq.com/articles/extra-space-storage-offers-private-placement-of-senior-notes-2018-06-01 | nan | nan | Extra Space Storage Inc.EXR , along with its operating partnership subsidiary, has entered into a Note Purchase Agreement with various investors, for a private placement of 4.39% senior unsecured notes worth $300 million, to be issued by the operating partnership.
The notes, subject to the fulfillment of customary closing conditions, are expected to be issued on Jul 17, 2018. The notes will mature on July 17, 2028, and pay semi-annual interests on Jan 17 and Jul 17 each year.All of these notes are guaranteed by Extra Space Storage.
The operating partnership intends to utilize the proceeds from this agreement to refinance its existing indebtedness. The remaining proceeds from the issue will be channelized for general corporate purposes.
Per management, this move is a strategic fit to further ladder the company's debt maturities, reduce secured debt and expand size of unencumbered pool of properties. Further, access to capital from various sources will improve diversity of its balance sheet and maintain an impressive growth trajectory.
The company exited first-quarter 2018 with lower liquidity as compared to Dec 31, 2017. In fact, its cash and cash equivalents of roughly $35.5 million was lower than $55.7 million reported at the end of 2017. Also, its percentage of fixed-rate debt to total debt was 74.4%. Hence, these efforts will strengthen its balance sheet.
Importantly, the above-mentioned move provides flexibility to the company and helps meet its financial obligations efficiently. This is because the unsecured note issuance offers capital at lower cost to the real estate investment trust (REIT). Furthermore, reduction of secured debt is anticipated to bring down the company's annualized interest expenses significantly. The move will improve the company's cash flow and alleviate its bottom-line pressure as well.
This Zacks Rank #3 (Hold) stock has outperformed the industry it belongs to over the past year. In fact, the company's shares have logged in a gain of 30.8% compared with 1.3% growth recorded by the industry.
Stocks Worth a Look
A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . While Arbor Realty sports a Zacks Rank of 1 (Strong Buy), Lamar and Prologis carry a Zacks Rank of 2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
Arbor Realty Trust's Zacks Consensus Estimate for 2018 FFO per share has risen 14.4% to $1.03 in a month's time. Its shares have returned 17.5% over the past three months.
Lamar's FFO per share estimates for the current year have moved 1.3% north to $5.34 in the past month. Its shares have gained 1.4% in a year's time.
Prologis' FFO per share estimates for 2018 have inched up 0.7% to $2.98 over the past month. Its shares have appreciated 16.4% over the past year.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO) - a widely used metric to gauge the performance of REITs.
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Lamar Advertising Company (LAMR): Free Stock Analysis Report
Arbor Realty Trust (ABR): Free Stock Analysis Report
Prologis, Inc. (PLD): Free Stock Analysis Report
Extra Space Storage Inc (EXR): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . Click to get this free report Lamar Advertising Company (LAMR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report To read this article on Zacks.com click here. Further, access to capital from various sources will improve diversity of its balance sheet and maintain an impressive growth trajectory. | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . Click to get this free report Lamar Advertising Company (LAMR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report To read this article on Zacks.com click here. While Arbor Realty sports a Zacks Rank of 1 (Strong Buy), Lamar and Prologis carry a Zacks Rank of 2 (Buy). | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . Click to get this free report Lamar Advertising Company (LAMR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report To read this article on Zacks.com click here. Extra Space Storage Inc.EXR , along with its operating partnership subsidiary, has entered into a Note Purchase Agreement with various investors, for a private placement of 4.39% senior unsecured notes worth $300 million, to be issued by the operating partnership. | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Lamar Advertising Company LAMR and Prologis, Inc. PLD . Click to get this free report Lamar Advertising Company (LAMR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report Extra Space Storage Inc (EXR): Free Stock Analysis Report To read this article on Zacks.com click here. Extra Space Storage Inc.EXR , along with its operating partnership subsidiary, has entered into a Note Purchase Agreement with various investors, for a private placement of 4.39% senior unsecured notes worth $300 million, to be issued by the operating partnership. |
30196.0 | 2018-05-31 00:00:00 UTC | 3 Stocks That Pay You Each Month | ABR | https://www.nasdaq.com/articles/3-stocks-pay-you-each-month-2018-05-31 | nan | nan | Dividend stocks are a great way to earn passive income , so much so that they could even help you pay off some of your monthly bills. That's right, and it's possible if you invest in stocks that pay you a dividend every month.
To be able to cut a check each month and maintain or raise the payout requires a company to have tenable confidence in its profit-making and cash-generating capabilities. It's easier said than done, which is why while most companies pay dividends quarterly, and only around 40 publicly listed companies pay a dividend every month. Three such companies worth watching are STAG Industrial (NYSE: STAG) , Realty Income (NYSE: O) , and Pembina Pipeline (NYSE: PBA) .
You can count on this company for larger dividends
Real estate investment trusts (REIT) dominate the small group of monthly dividend payers. As a REIT corporate structure requires paying out 90% of net income in dividends, perhaps paying every month comes easier to them. STAG Industrial and Realty Income are two such REITs that have caught my attention.
STAG Industrial, as its name suggests, is an industrial REIT that acquires and operates industrial properties -- mainly single-tenant -- like warehouses, distribution centers, and light manufacturing facilities. As of March 31, 2018, STAG owned 360 buildings across 37 states in the U.S. STAG's strength lies in its diversification.
Monthly dividend stocks can take care of some of your recurring expenses.
STAG's properties are leased across diverse sectors and industries, including capital goods, automobiles, food and beverage, consumer durables, and materials. As of last quarter, capital goods was the largest, accounting for 13.6% of STAG's total annualized base rental (ABR) revenue. STAG had 312 tenants as of last count, with no single tenant accounting for more than 2.5% of its ABR.
Because STAG's fortunes aren't tied to any single industry or tenant, the company's funds from operations grew fourfold in the past five years, and annual dividends have increased every year since STAG started paying one in 2011. So, by owning STAG, you not only get paid every month, you can also expect fatter dividends with each passing year. The frequency and growth in dividends can compound rapidly: If you'd bought shares of STAG in 2011 and reinvested dividends, you'd be sitting on more than 200% gains today.
Among STAG's top ten customers are government agency General Services Administration, logistics giants XPO Logistics,FedEx and DHL, footwear designer and distributor Deckers Outdoor , and industrial conglomerate Emerson Electric . I believe exposure to the logistics industry could bring in a good chunk of growth for STAG, specifically from e-commerce. Combine that with the stock's handsome 6% yield, and you could easily bank on STAG to take care of some of your monthly expenses.
This dividend stock's been a multibagger
Realty Income is a formidable combination of dividend growth and yield, having increased its dividends for 82 consecutive quarters and grown them at a compound annual rate of 4.7% since 1994, also the year the company went public. In absolute terms, Realty Income's annual dividend amount per share has nearly tripled since 1994, though the rate of dividend growth has picked up only in recent years. If not for its regular and growing dividends, Realty Income wouldn't be a tenbagger in just 20 years!
Realty Income credits a strong portfolio of properties, diligent management, and opportunistic resale and deployment of proceeds to lucrative acquisitions for its incredible dividend record. As a net-lease REIT , Realty Income secures long-term contracts with in-built annual clauses for rent increases while avoiding several property ownership and maintenance costs. The predictable, growing cash flows go a long way in boosting shareholder returns.
Recent pressure on the retail industry has hit Realty Income shares, only to open up an opportunity for smart investors. Realty Income has more than 5,300 commercial properties, leased out to 254 commercial tenants across 47 industries. As of Dec. 31, 2017, drug and convenience stores combined -- both of which are largely recession-proof -- contributed roughly 21% to the company's rental revenue. Tenant-wise, Walgreens , FedEx, Dollar General , and LA Fitness are the top four contributors to Realty Income's revenue.
The fears appear overblown. A diversified portfolio, 98%-plus occupancy rate, a conservative balance sheet, management's focus on opportunistic growth, and dependable dividends: Realty Income packs a punch. A dividend yield of 5% is the cherry on top for income investors.
An intriguing oil and gas monthly dividend stock
Canada-based Pembina Pipeline is a diversified midstream energy infrastructure and marketing company that's primarily into transportation of various natural gas products and hydrocarbon liquids. The company expects its pipeline division to contribute 60% to its total EBITDA (earnings before interest, tax, depreciation, and amortization) in 2018. The rest of it should come from Pembina's two other divisions, facilities -- which is into processing and fractionation of natural gas liquids -- and marketing.
The benefits of a diversified and a broadly fee-based services portfolio, which means steady and reliable cash flows, have shown up in Pembina's numbers over the years. Since 1997, Pembina has shelled out nearly 6 billion Canadian dollars in dividends and grown its dividend at a compound annual rate of 4.2% in the past decade.
In major growth moves , Pembina scooped up Canadian midstream company Veresen for CA$9.5 billion last year in its largest-ever acquisition, even as it pumped another CA$4.7 billion into expansion projects. Pembina's operating income hit record highs in fiscal 2017.
The contribution of fee-based services to Pembina's adjusted EBITDA has increased dramatically in recent years, with the company now targeting 80% contribution in the foreseeable future. That's good news for income investors as stable cash flows should also mean higher dividends. In fact, Pembina is targeting 8% to 10% growth in annual cash flow per share. That makes Pembina an intriguing monthly dividend stock -- more so with its dividend yield of 5.3%.
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Neha Chamaria has no position in any of the stocks mentioned. The Motley Fool recommends FedEx and XPO Logistics. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | As of last quarter, capital goods was the largest, accounting for 13.6% of STAG's total annualized base rental (ABR) revenue. STAG had 312 tenants as of last count, with no single tenant accounting for more than 2.5% of its ABR. Realty Income credits a strong portfolio of properties, diligent management, and opportunistic resale and deployment of proceeds to lucrative acquisitions for its incredible dividend record. | As of last quarter, capital goods was the largest, accounting for 13.6% of STAG's total annualized base rental (ABR) revenue. STAG had 312 tenants as of last count, with no single tenant accounting for more than 2.5% of its ABR. Three such companies worth watching are STAG Industrial (NYSE: STAG) , Realty Income (NYSE: O) , and Pembina Pipeline (NYSE: PBA) . | As of last quarter, capital goods was the largest, accounting for 13.6% of STAG's total annualized base rental (ABR) revenue. STAG had 312 tenants as of last count, with no single tenant accounting for more than 2.5% of its ABR. Because STAG's fortunes aren't tied to any single industry or tenant, the company's funds from operations grew fourfold in the past five years, and annual dividends have increased every year since STAG started paying one in 2011. | As of last quarter, capital goods was the largest, accounting for 13.6% of STAG's total annualized base rental (ABR) revenue. STAG had 312 tenants as of last count, with no single tenant accounting for more than 2.5% of its ABR. That's right, and it's possible if you invest in stocks that pay you a dividend every month. |
30197.0 | 2018-05-31 00:00:00 UTC | Top Ranked Income Stocks to Buy for May 31st | ABR | https://www.nasdaq.com/articles/top-ranked-income-stocks-to-buy-for-may-31st-2018-05-31 | nan | nan | Here are three stocks with buy rank and strong income characteristics for investors to consider today, May 31st:
Chatham Lodging Trust (CLDT): This REIT focused on hotels has witnessed the Zacks Consensus Estimate for its current year earnings rising 1.1% over the last 60 days.
Chatham Lodging Trust (REIT) Price and Consensus
Chatham Lodging Trust (REIT) price-consensus-chart | Chatham Lodging Trust (REIT) Quote
This Zacks Rank #2 (Buy) company has a dividend yield of 6.30%, compared with the industry average of 4.53%. Its five-year average dividend yield is 5.33%.
Chatham Lodging Trust (REIT) Dividend Yield (TTM)
Chatham Lodging Trust (REIT) dividend-yield-ttm | Chatham Lodging Trust (REIT) Quote
Orchid Island Capital, Inc. (ORC): This specialty finance company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.5% over the last 60 days.
Orchid Island Capital, Inc. Price and Consensus
Orchid Island Capital, Inc. price-consensus-chart | Orchid Island Capital, Inc. Quote
This Zacks Rank #2 (Buy) company has a dividend yield of 14.50%, compared with the industry average of 0.00%. Its five-year average dividend yield is 16.42%.
Orchid Island Capital, Inc. Dividend Yield (TTM)
Orchid Island Capital, Inc. dividend-yield-ttm | Orchid Island Capital, Inc. Quote
Arbor Realty Trust, Inc. (ABR): This diversified REIT has witnessed the Zacks Consensus Estimate for its current year earnings rising 14.4% over the last 60 days.
Arbor Realty Trust Price and Consensus
Arbor Realty Trust price-consensus-chart | Arbor Realty Trust Quote
This Zacks Rank #1 (Strong Buy) company has a dividend yield of 10.49%, compared with the industry average of 4.53%. Its five-year average dividend yield is 8.19%.
Arbor Realty Trust Dividend Yield (TTM)
Arbor Realty Trust dividend-yield-ttm | Arbor Realty Trust Quote
See the full list of top ranked stocks here
Find more top income stocks with some of our great premium screens .
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With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
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Orchid Island Capital, Inc. (ORC): Free Stock Analysis Report
Chatham Lodging Trust (REIT) (CLDT): Free Stock Analysis Report
Arbor Realty Trust (ABR): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Orchid Island Capital, Inc. Dividend Yield (TTM) Orchid Island Capital, Inc. dividend-yield-ttm | Orchid Island Capital, Inc. Quote Arbor Realty Trust, Inc. (ABR): This diversified REIT has witnessed the Zacks Consensus Estimate for its current year earnings rising 14.4% over the last 60 days. Click to get this free report Orchid Island Capital, Inc. (ORC): Free Stock Analysis Report Chatham Lodging Trust (REIT) (CLDT): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Here are three stocks with buy rank and strong income characteristics for investors to consider today, May 31st: Chatham Lodging Trust (CLDT): This REIT focused on hotels has witnessed the Zacks Consensus Estimate for its current year earnings rising 1.1% over the last 60 days. | Orchid Island Capital, Inc. Dividend Yield (TTM) Orchid Island Capital, Inc. dividend-yield-ttm | Orchid Island Capital, Inc. Quote Arbor Realty Trust, Inc. (ABR): This diversified REIT has witnessed the Zacks Consensus Estimate for its current year earnings rising 14.4% over the last 60 days. Click to get this free report Orchid Island Capital, Inc. (ORC): Free Stock Analysis Report Chatham Lodging Trust (REIT) (CLDT): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Chatham Lodging Trust (REIT) Dividend Yield (TTM) Chatham Lodging Trust (REIT) dividend-yield-ttm | Chatham Lodging Trust (REIT) Quote Orchid Island Capital, Inc. (ORC): This specialty finance company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.5% over the last 60 days. | Click to get this free report Orchid Island Capital, Inc. (ORC): Free Stock Analysis Report Chatham Lodging Trust (REIT) (CLDT): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Orchid Island Capital, Inc. Dividend Yield (TTM) Orchid Island Capital, Inc. dividend-yield-ttm | Orchid Island Capital, Inc. Quote Arbor Realty Trust, Inc. (ABR): This diversified REIT has witnessed the Zacks Consensus Estimate for its current year earnings rising 14.4% over the last 60 days. Chatham Lodging Trust (REIT) Price and Consensus Chatham Lodging Trust (REIT) price-consensus-chart | Chatham Lodging Trust (REIT) Quote This Zacks Rank #2 (Buy) company has a dividend yield of 6.30%, compared with the industry average of 4.53%. | Click to get this free report Orchid Island Capital, Inc. (ORC): Free Stock Analysis Report Chatham Lodging Trust (REIT) (CLDT): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report To read this article on Zacks.com click here. Orchid Island Capital, Inc. Dividend Yield (TTM) Orchid Island Capital, Inc. dividend-yield-ttm | Orchid Island Capital, Inc. Quote Arbor Realty Trust, Inc. (ABR): This diversified REIT has witnessed the Zacks Consensus Estimate for its current year earnings rising 14.4% over the last 60 days. Chatham Lodging Trust (REIT) Price and Consensus Chatham Lodging Trust (REIT) price-consensus-chart | Chatham Lodging Trust (REIT) Quote This Zacks Rank #2 (Buy) company has a dividend yield of 6.30%, compared with the industry average of 4.53%. |
30198.0 | 2018-05-31 00:00:00 UTC | Medical Properties (MPT) to Divest Stake in Ernest Health | ABR | https://www.nasdaq.com/articles/medical-properties-mpt-to-divest-stake-in-ernest-health-2018-05-31 | nan | nan | Medical Properties Trust, Inc.MPW , also known as MPT, announced that it has entered into definitive agreement with One Equity Partners ("OEP"), per which the company will sell its equity stake in Ernest Health, Inc.
Further, certain members of Ernest management have agreed to sell interests in Ernest to OEP. Upon closing MPT expects its sale proceeds to be $175 million. This will result in nearly 13% unlevered internal rate of return (IRR) on its original $96-million investment.
Notably, MPT will continue to own the real estate interests in 25 post-acute hospitals operated by Ernest. This represents an aggregate investment of around $500 million, including mortgage loans, totaling $115 million, secured by four hospitals.
Per the agreement, MPT has provided Ernest an option to prepay the mortgage debt without any penalty. In exchange, MPT has been granted some preferential rights pertaining to future real estate acquisitions.
The transaction, which is subject to certain customary closing conditions, including government approvals, is expected to close in the second half of 2018. Furthermore, proceeds from the sale will be used to reduce borrowings under MPT's revolving credit facility. This is likely to boost the company's financial flexibility and result in interest cost savings.
Per management, One Equity's focus on Ernest reaffirms the accretive investment made by MPT in 2012. In fact, the significant IRR realized from the investment highlights profitability of the investment. Additionally, this equity investment also enabled the company to create a real estate portfolio of post-acute hospitals that generates impressive returns. Hence, the investment has created significant share value for MPT.
Per Equity One's management, through this acquisition, it will leverage on Ernest's positive clinical and patient outcomes to accelerate its growth momentum.
Shares of this Zacks Rank #3 (Hold) company have outperformed the industry it belongs to, in the past year. The stock has rallied 10.8%, while the industry recorded gain of 1% during this time frame.
Stocks Worth a Look
A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Chatham Lodging Trust CLDT and Prologis, Inc. PLD . While Arbor Realty sports a Zacks Rank of 1 (Strong Buy), Chatham Lodging Trust and Prologis carry a Zacks Rank of 2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Arbor Realty Trust's Zacks Consensus Estimate for 2018 FFO per share has risen 14.4% to $1.03 in a month's time. Its shares have returned 27.9% over the past year.
Chatham Lodging's FFO per share estimates for the current year have moved 1% north to $1.93 in the past month. Its shares have gained 11.1% in a year's time.
Prologis' FFO per share estimates for 2018 have moved up 0.7% to $2.98 over the past month. Its shares have appreciated 19.3% over the past year.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO) - a widely used metric to gauge the performance of REITs.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Arbor Realty Trust (ABR): Free Stock Analysis Report
Prologis, Inc. (PLD): Free Stock Analysis Report
Chatham Lodging Trust (REIT) (CLDT): Free Stock Analysis Report
Medical Properties Trust, Inc. (MPW): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Chatham Lodging Trust CLDT and Prologis, Inc. PLD . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report Chatham Lodging Trust (REIT) (CLDT): Free Stock Analysis Report Medical Properties Trust, Inc. (MPW): Free Stock Analysis Report To read this article on Zacks.com click here. Additionally, this equity investment also enabled the company to create a real estate portfolio of post-acute hospitals that generates impressive returns. | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Chatham Lodging Trust CLDT and Prologis, Inc. PLD . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report Chatham Lodging Trust (REIT) (CLDT): Free Stock Analysis Report Medical Properties Trust, Inc. (MPW): Free Stock Analysis Report To read this article on Zacks.com click here. While Arbor Realty sports a Zacks Rank of 1 (Strong Buy), Chatham Lodging Trust and Prologis carry a Zacks Rank of 2 (Buy). | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Chatham Lodging Trust CLDT and Prologis, Inc. PLD . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report Chatham Lodging Trust (REIT) (CLDT): Free Stock Analysis Report Medical Properties Trust, Inc. (MPW): Free Stock Analysis Report To read this article on Zacks.com click here. Medical Properties Trust, Inc.MPW , also known as MPT, announced that it has entered into definitive agreement with One Equity Partners ("OEP"), per which the company will sell its equity stake in Ernest Health, Inc. Further, certain members of Ernest management have agreed to sell interests in Ernest to OEP. | Stocks Worth a Look A few better-ranked stocks from the same space are Arbor Realty Trust ABR , Chatham Lodging Trust CLDT and Prologis, Inc. PLD . Click to get this free report Arbor Realty Trust (ABR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report Chatham Lodging Trust (REIT) (CLDT): Free Stock Analysis Report Medical Properties Trust, Inc. (MPW): Free Stock Analysis Report To read this article on Zacks.com click here. Medical Properties Trust, Inc.MPW , also known as MPT, announced that it has entered into definitive agreement with One Equity Partners ("OEP"), per which the company will sell its equity stake in Ernest Health, Inc. Further, certain members of Ernest management have agreed to sell interests in Ernest to OEP. |
30199.0 | 2018-05-30 00:00:00 UTC | Why Should You Add Lamar (LAMR) Stock to Your Portfolio Now? | ABR | https://www.nasdaq.com/articles/why-should-you-add-lamar-lamr-stock-to-your-portfolio-now-2018-05-30 | nan | nan | Shares of Lamar Advertising CompanyLAMR have been performing well, of late. In the past month, the stock has rallied 6.1%, while the industry has gained 3.3%.
In first-quarter 2018, Lamar reported adjusted funds from operations (FFO) per share of 98 cents per share, marking an 11.4% increase from the year-ago tally of 88 cents. Results were driven by growth in revenues. Particularly, net revenues for the reported quarter climbed 4.2% from the prior-year quarter to $361 million.
Key Driving Factors
Focus on portfolio expansion: While the company holds significant market share in the U.S. outdoor advertising business, Lamar is continuously expanding its business. For 2018, management expects digital deployment to be more than 200 new digital units. Further, leveraging on the fragmentation of the advertising media segment, the company is expanding its footprint. In first-quarter 2018, the company completed acquisitions for total price consideration of nearly $6.6 million. These strategic moves will enable the company to enjoy solid revenue growth in the upcoming quarters.
Superior ROE: Lamar's return on equity (ROE) is 27.02% compared with the industry's average of 4.9%. This indicates that the company reinvests more efficiently compared to the industry.
Estimate Revisions: The stock has seen the Zacks Consensus Estimate for the current-year FFO per share being revised 1.3% upward to $5.34 in a month's time. Also, the Zacks Consensus Estimate for the second quarter has moved up, over the past month. This reflects analysts' bullish sentiments on the stock.
Strong cash flow per share: The company generates cash flow per share of $5.43 as compared to the industry's average of $1.9. This makes us optimistic about Lamar's operating performance for the long term.
Valuable permits serve as trophy assets: Lamar operates in an industry that is characterized by high barriers to entry due to permitting restrictions. This is because the company typically owns permits that allow out-of-home advertising at each location and in fact, the permits are the most prized assets gained from acquisitions. Hence, control on the permits restricts inventory built-up, as well as the intrusion from other market players, both local and national. This provides the company with a solid competitive edge.
Zacks Rank
The stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Other Key Picks
Other similarly-ranked stocks from the same space are Arbor Realty Trust ABR , Chatham Lodging Trust CLDT and Prologis, Inc. PLD . All three stocks carry a Zacks Rank of 2.
Arbor Realty Trust's Zacks Consensus Estimate for 2018 FFO per share has risen 14.4% to $1.03 in a month's time. Its shares have returned 16.2% over the past year.
Chatham Lodging's FFO per share estimates for the current year have inched up 1% to $1.93 in the past month. Its shares have gained 4.5% in a year's time.
Prologis' FFO per share estimates for 2018 have moved up 0.7% to $2.98 over the past month. Its shares have gained 15.7% over the past year.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO) - a widely used metric to gauge the performance of REITs.
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Lamar Advertising Company (LAMR): Free Stock Analysis Report
Arbor Realty Trust (ABR): Free Stock Analysis Report
Prologis, Inc. (PLD): Free Stock Analysis Report
Chatham Lodging Trust (REIT) (CLDT): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Other Key Picks Other similarly-ranked stocks from the same space are Arbor Realty Trust ABR , Chatham Lodging Trust CLDT and Prologis, Inc. PLD . Click to get this free report Lamar Advertising Company (LAMR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report Chatham Lodging Trust (REIT) (CLDT): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty Trust's Zacks Consensus Estimate for 2018 FFO per share has risen 14.4% to $1.03 in a month's time. | Other Key Picks Other similarly-ranked stocks from the same space are Arbor Realty Trust ABR , Chatham Lodging Trust CLDT and Prologis, Inc. PLD . Click to get this free report Lamar Advertising Company (LAMR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report Chatham Lodging Trust (REIT) (CLDT): Free Stock Analysis Report To read this article on Zacks.com click here. Arbor Realty Trust's Zacks Consensus Estimate for 2018 FFO per share has risen 14.4% to $1.03 in a month's time. | Click to get this free report Lamar Advertising Company (LAMR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report Chatham Lodging Trust (REIT) (CLDT): Free Stock Analysis Report To read this article on Zacks.com click here. Other Key Picks Other similarly-ranked stocks from the same space are Arbor Realty Trust ABR , Chatham Lodging Trust CLDT and Prologis, Inc. PLD . Estimate Revisions: The stock has seen the Zacks Consensus Estimate for the current-year FFO per share being revised 1.3% upward to $5.34 in a month's time. | Other Key Picks Other similarly-ranked stocks from the same space are Arbor Realty Trust ABR , Chatham Lodging Trust CLDT and Prologis, Inc. PLD . Click to get this free report Lamar Advertising Company (LAMR): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Prologis, Inc. (PLD): Free Stock Analysis Report Chatham Lodging Trust (REIT) (CLDT): Free Stock Analysis Report To read this article on Zacks.com click here. Also, the Zacks Consensus Estimate for the second quarter has moved up, over the past month. |
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