Commodity Channel Index
|Bid||631.19 x 1100|
|Ask||639.76 x 900|
|Day's Range||611.59 - 639.74|
|52 Week Range||473.91 - 746.70|
|Beta (5Y Monthly)||1.19|
|PE Ratio (TTM)||73.40|
|Earnings Date||Apr 20, 2020 - Apr 26, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||738.60|
The popular Yard House restaurant chain has its eye on a second Orlando-area location. Yard House — a high-end, sports bar restaurant with American food — is expected to occupy a roughly 10,354-square-foot space in an outparcel at the Altamonte Mall facing State Road 436 in Altamonte Springs, according to plans filed with the state.
The novel coronavirus' latest economic victim may be Central Florida's upscale apartment industry. Average rents for Class A apartments — top-tier apartment communities — have fallen up to 3.1% throughout the region in recent weeks, according to CoStar Group Inc. (Nasdaq: CSGP) data. The apartment industry is significant to Central Florida's economy, generating $28.7 billion annually and supporting about 151,020 jobs.
Cindy Schooler has been on the phone nonstop with both retail tenants and landlords in recent days, as some of the biggest nation's retail chains — from Subway to The Cheesecake Factory Inc. (Nasdaq: CAKE) — have told landlords across the U.S. that they won't be able to pay next month's rent due to COVID-19's disruption of the global economy. Behind the scenes, both large and small retailers in Central Florida have expressed concerns to their landlords about meeting their lease payments — at a time when Orange and Osceola counties have ordered non-essential businesses to shutter in an effort to slow the pandemic spread. Local retail experts like Schooler are uncertain what it ultimately will mean for retail tenants, landlords and lenders as businesses close their doors either voluntarily or through government orders.
Two analysts share what they're watching across New York City commercial real estate sectors — from retail to industrial space — amid the coronavirus pandemic.
Amanda Hite leads an internationally recognized company from a cozy office in Hendersonville, with exposed timber, a roaring fire in the fireplace and a garden with a koi pond. Hotels around the globe turn to STR for in-depth industry data and analysis — numbers so valuable that CoStar Group Inc. paid $450 million last fall to buy the company. Hite pursued a classic childhood dream for years, before arriving in Nashville and taking a chamber of commerce job, following her mother’s career path.
OBJ spoke with experts in retail, industrial, office and multifamily about how coronavirus may impact rental rates in Central Florida.
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of...
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
CoStar Group (NASDAQ: CSGP), the leading global provider of commercial real estate information, analytics and online marketplaces, today announced this year’s Power Broker Award recipients. The award recognizes the industry’s brokers, power players, and deal makers who closed the highest transaction volume in commercial real estate deals in their respective markets in 2019.
CoStar Group (NASDAQ: CSGP), the leading global provider of commercial real estate information, analytics and online marketplaces, today announced this year’s CoStar Awards recipients. The awards recognise the top agencies in commercial real estate for achieving the highest activity in their respective regions across 2019, covering both lease and investment deals.
A planned Publix-anchored shopping center in a growing section of Apopka — which was proposed in August 2017 — plans to seek its final approvals this week. The more than 73,000-square-foot development at 4966 Plymouth Sorrento Road goes before the city of Apopka's development review committee on March 11, according to city documents. After that, the Publix-anchored shopping center will need to win approvals with Apopka's City Council.
CoStar Group Inc. CEO Andy Florance sold nearly $20.9 million worth of shares of stock, his District-based commercial real estate data firm disclosed in a regulatory filing on Tuesday, days after the company reported a 32% increase in net income for the year. A spokesperson for the company characterized the transaction as normal course, noting that stock options expire after a decade. Shares of CoStar (NASDAQ: CSGP), which provides a range of subscription-based commercial real estate data services and market listings, opened Friday morning trading at $692.47 per share.
A Maitland developer is getting closer to breaking ground on a project northeast of Orlando. Daytona Beach-based Consolidated-Tomoka Land Co. (NYSE American: CTO) was the seller. As part of the deal, Consolidated-Tomoka loaned Equinox $3.4 million.
CoStar Group (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, is pleased to announce the promotion of Jaye Campbell to General Counsel and Secretary and Jeannette C. Koonce to Chief Compliance Officer.
As one of America's top stockpickers, Michael Baron faces significant exposure to the spreading coronavirus epidemic, which has posed a challenge for travel companies like Hyatt Hotels and Norwegian Cruise Line Holdings. Both are among the concentrated picks of the $3 billion Baron Partners Fund, and shares of each have taken hard hits as investors try to predict the long-term economic consequences of the virus.
A developer reportedly is in talks to bring a Publix to the $500 million Packing District, one of biggest projects near downtown Orlando, real estate sources told Orlando Business Journal. Orlando-based master developer Dr. Phillips Inc. has not signed a lease with Lakeland-based Publix Super Markets Inc. for the 200-acre Packing District near College Park. A Publix representative was unavailable for comment.
Winter Park's iconic Park Avenue retail stretch soon will welcome another new business. Altamonte Springs-based furniture store Adjectives Market has signed a lease to open a roughly 4,000-square-foot location at 130 N.
CoStar Group, Inc. (NASDAQ:CSGP) shares fell 5.4% to US$682 in the week since its latest full-year results. The result...
Prepare yourself for a heavy new dose of Brad Bellflower and the "apartmenternet." CoStar Group Inc. (NASDAQ: CSGP) plans to launch a $250 million ad campaign for Apartments.com with actor Jeff Goldblum reprising his role as Bellflower, in a bid to drive more traffic to its multifamily rental website. The District-based commercial real estate technology data firm is upping its marketing spend on the ad campaign, developed by California-based ad agency RPA, by about $100 million. "Over the past few months, our team, RPA and Jeff Goldblum have been working hard to build our 2020 marketing program," CoStar CEO Andrew Florance told investors Tuesday during an earnings call.
It'll double the amount of retail construction that's taken place in the West Colonial submarket during the past decade.
CoStar (CSGP) delivered earnings and revenue surprises of 7.63% and 3.08%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?