21.94 0.00 (0.00%)
After hours: 4:37PM EDT
|Bid||21.50 x 100|
|Ask||23.37 x 400|
|Day's Range||21.69 - 22.03|
|52 Week Range||17.90 - 23.91|
|PE Ratio (TTM)||33.60|
|Forward Dividend & Yield||1.32 (6.07%)|
|1y Target Est||N/A|
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. REITs are companies that own, operate, or finance real estate properties that produce income, such as apartment complexes or retail locations. First of all, real estate can be a very profitable investment sector when certain economic conditions are present.
REITs are companies that own, operate, or finance real estate properties that produce income, such as apartment complexes or retail locations. Luckily proven Zacks Rank--which emphasizes earnings estimate revisions--works with REITs just as it would with any other company. Check out these buy-ranked REITs right now!
The Zacks Analyst Blog Highlights: CBRE Group, Prologis, Terreno Realty, Chatham Lodging Trust and Host Hotels & Resorts
A solid jobs report for the month of May has triggered chances of a rate hike this month by the Federal Reserve. This is because even though REITs have traditionally depended on debt for their business and were considered as bond substitutes for the high and consistent dividend-paying nature making their short-term returns susceptible to rate moves, this time around, these companies seem to be better poised to brave the rising rate environment. In fact, REITs delivered an encouraging performance in the month, as well as outperformed the broader market in the month.
Medical Properties' (MPW) sale of the company's equity stake in Ernest Health will enable it to generate an unlevered internal rate of return (IRR) of 13%.
Highwood Properties' (HIW) expansion strategies amid improving economy and recovering economy will drive long-term growth. However, an extensive pipeline might increase operating risks.
Prologis (PLD) gains from rising demand for its strategically-located properties, sells property in Menlo Park to Facebook for $400 million.
Hospitality Properties Trust (HPT) amends credit facility and unsecured term loan to increase borrowings at favorable terms, enhancing its financial flexibility.
Aimco's (AIV) diligent efforts to reposition its portfolio is likely to drive long-term growth. However, dispositions are expected to result in the dilution of earnings in the near term.
Zacks Industry Outlook Highlights: Regency Centers, Chatham Lodging Trust, New Residential Investment, Sun Communities and Urstadt Biddle Properties
SL Green Realty (SLG) continues to shed non-core assets as part of its strategy. Further, the company acquires a leasehold interest in another property.
Technological change and demographic shifts have seemingly touched every industry in one form or another. Real estate is no exception, and some of the best real estate investment trusts (REITs) to buy now touch upon these shifts. They have seen monumental shifts that have led to the ascendancy or decline in certain types of REITs.
Chatham Lodging Trust (NYSE:CLDT), a reits company based in United States, received a lot of attention from a substantial price movement on the NYSE over the last few months, increasingRead More...
The West Palm Beach, Florida-based real estate investment trust said it had funds from operations of $16.5 million, or 36 cents per share, in the period. The average estimate of three analysts surveyed ...
Real estate investment trusts have been out of favor recently as investors assess the impact of rising interest rates on the sector. is simple: the REIT's portfolio consists of a unique and unrivaled collection of real estate properties in New York City. Vornado is as close as it gets to being a pure-play New York City real estate company, deriving 89% of its operating profit within some of the scarcest and most valuable submarkets in the world.
Better still, there are plenty of these outfits that have a long history of dividend increases. There is one annoying nuance to even some of the top dividend stocks, however. While they may not be ubiquitous, there are a surprising number of publicly traded corporations that issue monthly dividend checks rather than quarterly payouts.
Chatham Lodging Trust's (CLDT) senior unsecured revolving credit facility refinancing lowers interest costs and extends maturity.
Chairman, President and CEO of Chatham Lodging Trust (NYSE:CLDT) Jeffrey H Fisher bought 5,500 shares of CLDT on 02/28/2018 at an average price of $18.48 a share.
Chatham Lodging Trust (NYSE:CLDT) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017.