|Bid||39.39 x 1100|
|Ask||39.40 x 800|
|Day's Range||39.16 - 40.08|
|52 Week Range||30.12 - 41.01|
|Beta (5Y Monthly)||0.98|
|PE Ratio (TTM)||83.34|
|Earnings Date||Feb 4, 2020 - Feb 10, 2020|
|Forward Dividend & Yield||1.16 (2.94%)|
|1y Target Est||44.40|
Charlotte-based Truist Financial Corp. is buying Hearst Tower in uptown for $455.5 million. The bank will rename it Truist Center.
Agree Realty's (ADC) expansion of the company's senior unsecured credit facility to $600 million enables it to strengthen its balance sheet and extend debt maturities.
Cousins Properties (NYSE: CUZ) announced today that Truist Financial Corporation, a merger between BB&T; and SunTrust, has exercised its option to purchase Hearst Tower in Uptown Charlotte from Cousins for $455.5 million. The building will serve as Truist's headquarters. The transaction is expected to close in March 2020.
We know that hedge funds generate strong, risk-adjusted returns over the long run, therefore imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, smart money investors have to conduct complex analyses, spend many resources and use tools that are not always […]
Healthpeak's (PEAK) lease amendment and extension with Amgen at the Britannia Oyster Point of the former offers flexibility in addressing lease-expiration issue at this property.
SL Green Realty (SLG) witnessing solid demand for space at its properties, particularly from tenants within the TAMI, FIRE and legal sectors.
Office REITs likely to hold up well in the near term, given stellar U.S. job report, resilient macro-economic conditions and stable fundamentals.
Atlanta-based commercial real estate developer Cousins Properties Inc. said Monday that Larry Gellerstedt, its executive chairman, will retire from the company's board at its next annual shareholders meeting in April 2020. Gellerstedt will be succeeded by Robert "Bob" Chapman, who has been named non-executive chairman effective following the shareholders meeting. Chapman joined the Cousins board in 2015.
Cousins Properties (NYSE: CUZ) announced today that Larry Gellerstedt and Taylor Glover have decided to not stand for re-election at the company's next annual shareholders meeting in April 2020. The company also announced its Board of Directors has elected Robert "Bob" Chapman as Non-Executive Chairman effective following the company's annual shareholders meeting in April 2020. Both changes are part of the company's planned leadership transition process.
SL Green Realty's (SLG) dividend hike marks the ninth consecutive year of such increase. The company has also authorized an increase of $500 million to its ongoing share-repurchase program.
The Georgia chapter of the National Association of Office and Industrial Properties (NAIOP) has awarded the organization’s 2019 Office Deal of the Year.
In line with its strategy of sharing growth in cash flows from operating activities with stockholders, Alexandria Real Estate Equities (ARE) announces a 3% dividend hike.
The owners of Fellini's Pizza and La Fonda Latina appear to have closed the barbecue restaurant that helped a wave of development at a four-corner intersection in East Lake.
Apartment Investment and Management Company's (AIV) recent move will help the company enjoy current income from the loan as well as offer scope to gain by participating in the significant development pipeline.
Vornado Realty (VNO) boosts financial strength by securing refinancing loan worth $800 million for its Manhattan office and retail property.
UDR's acquisition of interest in 10 operating communities, as part of the UDR/MetLife JV transaction of $1.76 billion, is accretive to earnings and aids in portfolio expansion in strategic markets.
PS Business Parks (PSB) is likely to ride high with solid demand for industrial real estates and strategic buyouts, though rising supply and dilutive impact from asset sales remain woes.
Alexandria Real Estate Equities (ARE) launches an innovative and collaborative center that will focus on accelerating translation of therapeutic discoveries into important life-saving medicines.
Though OUTFRONT Media (OUT) has been undertaking footprint-expansion initiatives, aided by growth in out-of-home advertising, rise in capital expenditure is a concern.
Pebblebrook Hotel (PEB) intends to use sale proceeds from Topaz Hotel disposition to reduce the company's outstanding borrowings and leverage level.
Lamar Advertising's (LAMR) impressive funds from operations (FFO) per share growth prospect, along with portfolio upgradation and expansion efforts, make it a solid investment bet, right now.
EPR Properties (EPR) initiates its strategic migration from charter school assets to experiential real estate with the sale of its 47 charter school assets for $454 million.
Cousins Properties (CUZ) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.