|Bid||28.2200 x 800|
|Ask||28.2800 x 800|
|Day's Range||28.20 - 28.33|
|52 Week Range||23.82 - 18,571.70|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.00|
|Expense Ratio (net)||0.00%|
In a year of volatility, yield-generating real estate stocks and sector-related ETFs outpaced the broader U.S. markets for the first time since 2015 as investors looked to dividends in an attempt to cushion ...
Yesterday, Realty Income (O) announced an increase in its monthly cash dividend. The company declared a cash dividend of $0.2205 per share, up from the last paid dividend of $0.22. The latest hike marks the company’s 98th dividend increase.
What Lies Ahead for Simon Property in the Second Half of 2018? In its second-quarter 2018 earnings conference call, Simon Property (SPG) stated that it will continue investing in the redevelopment and expansion of its properties. Notably, the company has spent ~$5 billion on development projects over the last five years.
What Lies Ahead for Simon Property in the Second Half of 2018? After a weak performance in the first half of 2018 with returns of about -1%, Simon Property Group (SPG) stock has been gaining solid momentum recently and even hit a new 52-week high of $179.45 on August 3. The company also saw a notable YoY (year-over-year) improvement in its top and bottom lines, which suggests that Simon Property’s initiatives to drive mall traffic amid a challenging retail environment are headed in the right direction.
Industrial Demand, Diversified Tenants to Aid Realty Income’s Q2Second-quarter expectations Realty Income (O) is scheduled to report its financial results for the second quarter of 2018 on August 1. Wall Street anticipates the commercial and industrial rental property operator to post AFFO (adjusted funds from operations) of $0.79 per share, which suggests a YoY (year-over-year) growth of 5.3%. Revenue is expected to increase ~9% YoY and reach $327.43 million. Driving factors Analysts seem to be backing their growth projection on rising demand and average rentals for industrial properties. ...
Simon Property Group’s (SPG) four back-to-back quarters of positive earnings surprises and its impressive outlook have made analysts optimistic about its growth prospects. Analysts’ target price of $183.33 for SPG implies a 7.5% rise from its current price of $170.48. Simon Property has been focusing on several expansion and development activities to drive mall traffic and maintain occupancy.
Simon Property Group (SPG) has been putting a lot of focus on the redevelopment and expansion of its properties. Over the last five years, the company has spent ~$5 billion on development projects. Under this plan, the company has been targeting the addition of luxury stores, hotels, and restaurants, as it believes these areas will not be affected by the rise of e-commerce.
Investors interested in the real estate investment trusts segment may look to ETF strategies that provide targeted exposure to the areas with the most opportunity. "When you say real estate or you say REITs, you traditionally think index, and if you want industrials, but don't want residential, you still have to take some of the residential," Phil Eichinger, Senior Vice president of Pacer ETFs, said at the 2018 Morningstar Invest Conference. With traditional index-based REITs funds, investors will have to take all of the REITs exposure since the individual sub-sectors are all grouped together.
Pacer ETFs have gathered $2.38 billion in assets under management as they celebrate their third birthday, attracting growing investment interest from the rules-based, strategy-driven index ETFs focused ...
Three years ago today, Pacer ETFs was formed by a team of industry professionals at Pacer Advisors. Following their years of experience with annuities, mutual funds, and exchange traded products, the team recognized opportunity in the growing popularity of ETFs.
Investors interested in gaining targeted exposure to the real estate space can look to Pacer Financial's new suite of ETFs that focus on the industrial, data infrastructure and retail real estate sub-sectors. Pacer ETFs on Wednesday launched the Pacer Benchmark Industrial Real Estate SCTR ETF (NYSEArca:INDS) , Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF (NYSEArca:SRVR) and Pacer Benchmark Retail Real Estate SCTR ETF (RTL) , which each come with a 0.60% expense ratio.
Pacer ETFs announces the launch of three new ETFs comprised of publicly traded real estate investment trusts and C-corps. These businesses may benefit from the rise of e-commerce, which has revolutionized both real estate and the ways Americans shop, and offer opportunity in a still-vital brick-and-mortar retail marketplace.