|Bid||171.51 x 800|
|Ask||172.88 x 1000|
|Day's Range||170.54 - 173.94|
|52 Week Range||156.70 - 228.84|
|Beta (5Y Monthly)||0.43|
|PE Ratio (TTM)||31.94|
|Earnings Date||Apr 26, 2022 - May 02, 2022|
|Forward Dividend & Yield||5.00 (2.79%)|
|Ex-Dividend Date||Mar 14, 2022|
|1y Target Est||222.38|
Pebblebrook (PEB) expands into the vibrant, high-barrier-to-entry Newport market with the acquisition of Gurney's Newport Resort & Marina.
As an income and value investor, I'm constantly on the hunt for undervalued stocks that have the potential to grow but also pay a reliable dividend. Real estate investment trusts (REITs) are some of my favorite bargain stocks to buy because they offer exposure to the diverse real estate industries while paying above-average dividend returns. The bear market, driven by concerns over inflation and higher interest rates, has been hard on REIT shares.
With a good productivity track record, the addition of this latest farm, which marks its second acquisition in Hamilton County this month, seems a strategic fit for Farmland Partners (FPI).