Previous Close | 5.87 |
Open | 5.87 |
Bid | 6.67 x 3200 |
Ask | 6.71 x 3000 |
Day's Range | 5.81 - 6.73 |
52 Week Range | 4.05 - 12.23 |
Volume | |
Avg. Volume | 3,951,563 |
Market Cap | 962.59M |
Beta (5Y Monthly) | 1.14 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.75 |
Earnings Date | Feb 06, 2024 - Feb 12, 2024 |
Forward Dividend & Yield | 0.50 (7.14%) |
Ex-Dividend Date | Jun 16, 2023 |
1y Target Est | 6.77 |
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The office real estate investment trust (REIT) sector, which has suffered through a harsh bear market since the beginning of 2022, continues to face difficulties with declining occupancy levels and higher expenses. This week, BofA Securities analyst Camille Bonnel downgraded three of the weakest office REITs in the subsector. "For all three of these office REITs, more than a quarter of their leases expire through 2025, which implies higher leasing costs dragging on cash flows," Bonnel said. Take
In this piece, we will take a look at the top ten stocks in Michael Burry’s latest stock portfolio. If you want to skip our introduction to the well known investor and how his biggest recent bearish calls have fared, then take a look at Michael Burry Stock Portfolio: 5 Stocks To Buy Now. Michael […]
On Nov. 14, when the October consumer price index (CPI) came in flat, real estate investment trust (REIT) investors rejoiced. Inflation and the subsequent resulting higher interest rates have led to the slashing of REIT share prices since April 2022. But the weaker-than-expected CPI reading this week most likely means there will be no Federal Reserve rate hike in December and raises hopes for an interest rate cut or two in 2024. Although all REITs were up big this week on the news, office REITs