| Previous Close | 101.91 |
| Open | 101.90 |
| Bid | 97.65 x 100 |
| Ask | 105.40 x 100 |
| Day's Range | 101.05 - 101.96 |
| 52 Week Range | 93.02 - 104.36 |
| Volume | 166,643 |
| Avg. Volume | 129,493 |
| Net Assets | 3.19B |
| NAV | 100.64 |
| PE Ratio (TTM) | 12.96 |
| Yield | 3.85% |
| YTD Return | 3.35% |
| Beta (3y) | 0.44 |
| Expense Ratio (net) | 0.34% |
| Inception Date | 2001-01-29 |
These ETFs may be a solid investment for those who want real estate exposure without the headaches.
Public Storage (PSA) an industrial REIT, invests in US and European real estate markets. Tthe company’s revenue grew 9% and 8% in 2015 and 2016, respectively. The growth was driven…
GGP’s estimated price-to-FFO multiple for fiscal 2018 is 14.2x, which is at a premium compared to its peers.
In 2Q17, GGP (GGP) paid $17.5 million in dividends to its shareholders. That was higher than $13.3 million paid a year ago.
GGP maintained a debt-to-equity ratio of 1.55x for 2Q17. That was higher than the industrial mean of 1.07x.
GGP has redeveloped its vacant spaces for non-retail uses such as restaurants, entertainment zones, fitness centers, and grocery stores.
In 2Q17, GGP (GGP) reported NOI (net operating income) of $551.0 million, which came in higher than the previous year at $554.0 million.
GGP's (GGP) minimum rent fell by $17.0 million in 2Q17, mainly because of dilution resulting from the sale of an interest in the Fashion Show Mall in Las Vegas n 2016.
GGP's minimum rent fell 3.9% to $349.2 million, and tenant recoveries fell 4.6% to $161.9 million. Overage rent fell 25.0% to $3.3 million.
GGP (GGP) reported funds from operations (or FFO) of $0.35 per share, which was in line with Wall Street estimates. Adjusted FFO remained flat year-over-year.
Vornado’s recent development and redevelopment activities have made investors optimistic about the stock.
During 2Q17, Vornado Realty Trust (VNO) reported higher year-over-year top-line and bottom-line results backed by growth in rent and occupancy level.
Vornado Realty Trust reported adjusted FFO (funds from operation) of $1.35 per share, which beat Wall Street estimates of $1.20 per share.
Vornado Trust's (VNO) top-line and bottom-line results improved year-over-year backed by higher rent growth and lower operational costs.
Vornado Realty Trust (VNO) reported decent results in 2Q17. Its top line and bottom line surpassed results from 2Q16 backed by higher rent and new lease activities.
Vornado Realty Trust (VNO) reported higher year-over-year top-line and bottom-line results during 2Q17 backed by higher rent growth, lower costs, and new leases during the quarter.
VNO posted rental revenue of $626 million in 2Q17, missing Wall Street’s estimates of $633.2 million.
Vornado Realty Trust (VNO) reported core funds from operation (or FFO) of $1.35 per share in 2Q17, which surpassed Wall Street estimates of $1.20 per share.
Analysts assigned VNO a mean price target of $89.52, 13.8% higher than its current price level.
VNO’s current price-to-FFO multiple is 17.77x. The company has been able to return value to its shareholders consistently in the form of dividends and share repurchases.
Although Vornado Realty Trust (VNO) may witness lower margins during a higher interest rate environment, it may see significant growth in the near future.
Wall Street expects Vornado Realty Trust (VNO) to post flat year-over-year top-line and bottom-line results in 2Q17.
Analysts have assigned PSA a mean price target of $217.67, which is 4.9% higher than its current price level.
Vornado Realty Trust (VNO) is scheduled to report its 2Q17 earnings on July 31, 2017.
Public Storage has consistently been able to return capital value as well as shareholder returns in the form of dividends and share buybacks.