They reported 63 cents for the 1st nine months of 2013.soooooo, 80 cents is certainly doable for the full year.. For 2012 they reported 35 cents for 2012. If that is the case then their E growth rate would be 129%!!!!!.
FRGI "is staging a strong comeback after delivering lower earnings last year. Analysts polled by Thomson Reuters see profit surging 116% this year to 80 cents a share. The estimate was recently revised higher."
Let the good times roll.
NRZ declares "fourth quarter 2013 dividend of $0.175 per common share and a special cash dividend of $0.075 per common share." total is $.25. Yielding about 15% at yesterdays price.
agree. I don't view this as a long term holding. Eventually, the saturation will occur.
There's no turning back. Fracking is here to stay. In fact, there'll be more of it and more sand used per hole. There will always be naysayers whatever u do.
A lot of nervousness is expressed by posters. However, let me point out that its the only stock I have out of my 10 that is constantly rising.
I've been mentioning RESI/AAMC in the past. The chickens have come home to roost. How to make money? Buy low Sell high, thats what RESI is doing. They've been gobbling up foreclosures and what do u think will happen in a rising RE market???? I've been pointing out AAMC since its been $300, now its $900. Only problem I have is trying to figure out its business plan. Selling for $900 and it shows a loss of $1.09 a share???. Right now the CEO W. Erbay has hands of gold
Although the largest carriers are largely done building out fiber to the cell in major markets, they have barely scratched the surface in Lumos markets. New market development will also likely bolster growth," he added.
Concluding, one could say that FRGI has twice the Earnings growth of CMG and stock prices ultimately reflect earnings growth. I'll stick with FRGI.
It's an enigma. I own a lot of RESI and a small amount of AAMC. I like the RESI story, it's buying foreclosures and if the RE market recovers it stands to make a bundle on the increase value of the homes. Renting out the homes is a very small part of the growth here.
I can't figure out AAMC. It lost $1.09 per share and its selling at $850+. I've been watching it since it was $250 and I thought it was too high then. What do I know.