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Stocks Reach Their 3-Year Lows

- By Shuda Xia

DDR Corp (DDR), Macerich Co (MAC), First Solar Inc. (FSLR), and Compass Minerals International Inc. (CMP) have reached their three-year lows.

DDR Corp (DDR) Reached $12.53

The prices of DDR Corp (DDR) shares have declined to $12.53, which is only 1.3% above the 3-year low of $12.37.

DDR Corp is an American real estate investment trust company that owns and manages value-oriented open air retail shopping centers in the United States and Puerto Rico. Tenants include Wal-Mart, Kohl's, PetSmart, and Michaels. It operates in 40 continental U.S. states and Puerto Rico.


DDR Corp has a market cap of $4.59 billion; its shares were traded around $12.53 with a P/E ratio of 113.93 and P/S ratio of 4.53. The trailing 12-month dividend yield of DDR Corp stocks is 6.08%. The forward dividend yield of DDR Corp stocks is 6.08%.

On March 3, DDR Corp announced that David Lukes has been named President and CEO of the company to replace Tom August, who has stepped down. Furthermore, Mr. Lukes has been named to the DDR Board of Directors. Michael Makinen will join the company as Executive Vice President and Matthew Ostrower will serve as CFO.

Macerich Co (MAC) Reached $64.40

The prices of Macerich Co (MAC) shares have declined to $64.40, which is only 4.6% above the 3-year low of $61.41.

Macerich Co is an American self-managed real estate investment trust. It is the third-largest owner and operator of shopping centers in the United States, operating as a S&P 500 component. The company owns property across the United States, including property in California, Arizona, Washington, Missouri, and New York.

Macerich Co has a market cap of $9.27 billion; its shares were traded around $64.40 with a P/E ratio of 18.77 and P/S ratio of 9.11. The trailing 12-month dividend yield of Macerich Co stocks is 4.31%. The forward dividend yield of Macerich Co stocks is 4.42%. Macerich Co had an annual average earnings growth of 2.30% over the past 10 years.

On March 8 Macerich Co announced that its facilities at The Oaks are the country's first BREEAM green building standard certified buildings. The Building Research Establishment Environmental Assessment Methodology (BREEAM) rating system has a 25-year track record of driving efficiency improvements in new and existing buildings around the world and is designed to address the 5.6 million pre-existing non-residential structures in the U.S.

First Solar Inc. (FSLR) Reached $27.10

The prices of First Solar Inc. (FSLR) shares have declined to $27.10, which is the new 3-year low of for the company.

First Solar Inc. is an American company that manufactures solar panels and provides utility scale photovoltaic power plants. The company also provides supporting services that include finance, construction, maintenance, and solar panel recycling. The company uses cadmium telluride as a semiconductor for its solar panels, competing successfully with conventional crystalline silicon technology.

First Solar Inc. has a market cap of $2.82 billion; its shares were traded around $27.10 with and P/S ratio of 0.96.

On March 30 First Solar Inc. announced that it has completed the sale of the cash equity interests of 250 Megawatt Moapa Southern Paiute Solar Project in Nevada to global private asset manager Capital Dynamics. The facility is located on the Moapa River Indian Reservation approximately 30 miles north of Las Vegas and is the first-ever utility-scale solar power plant to be built on tribal land. Terms of the deal were not disclosed.

Compass Minerals International Inc. (CMP) Reached $67.85

The prices of Compass Minerals International Inc. (CMP) shares have declined to $67.85, which is only 3.8% above the 3-year low of $65.30.

Compass Minerals International Inc. is an American international producer of minerals, including salt, magnesium chloride, sulfate of potash, and other similar plant nutrition products. The company provides bulk treated and untreated highway deicing salt to customers in North America and the United Kingdom and plant nutrition products to agricultural industries worldwide.

Compass Minerals International Inc. has a market cap of $2.29 billion; its shares were traded around $67.85 with a P/E ratio of 14.19 and P/S ratio of 2.00. The trailing 12-month dividend yield of Compass Minerals International Inc. stocks is 4.12%. The forward dividend yield of Compass Minerals International Inc. stocks is 4.24%. Compass Minerals International Inc. had an annual average earnings growth of 5.00% over the past 10 years.

On March 28 Compass Minerals International Inc. announced the appointment of Patrick D. Linehan as the company's chief financial officer effective April 3, 2017. Mr. Linehan spent the last 17 years at global food manufacturer ConAgra Foods, where he held a variety of finance and accounting leadership positions.

Disclosure: I do not own stock in any of the companies mentioned in the article.

This article first appeared on GuruFocus.