52.97 -0.77 (-1.44%)
After hours: 4:20PM EST
|Bid||53.27 x 800|
|Ask||53.54 x 1000|
|Day's Range||51.44 - 54.66|
|52 Week Range||51.44 - 75.40|
|Beta (5Y Monthly)||0.39|
|PE Ratio (TTM)||45.96|
|Forward Dividend & Yield||3.17 (5.76%)|
|Ex-Dividend Date||Dec 30, 2019|
|1y Target Est||N/A|
Benchmark CEO Kevin Kelly joins the On the Move panel to break down why he expects overall REITS to return 9-12 percent in 2020 despite claiming that not all real estate is created equal.
Shares of real estate investment trusts (REITs) suffered a broad selloff in afternoon trading Tuesday, despite another tumble in the 10-year Treasury yield to a record low. REITs tend to outperform when Treasurys rally and yields fall, as their relatively high dividend yields make them more attractive in a lower yield environment, and their usual relative price stability makes tends to make them attractive in a volatile market environment. The SPDR Real Estate Select Sector ETF dropped 2.4%, with 30 of 31 components losing ground, just a little better than the S&P 500's 2.8% decline. The REIT ETF's yield is 2.93% while the implied yield for the S&P 500 is 1.94%. Meanwhile, the 10-year Treasury yield fell 6.0 basis points to a record low of 1.317%. Within the REIT sector tracker, the biggest loser and most active stock was Host Hotels & Resorts Inc. , which slumped 5.8%. Among other more-active components, shares of Ventas Inc. declined 5.3%, Digital Realty Trust Inc. slipped 0.2% and Simon Property Group Inc. gave up 3.7%.
Shares of real estate investment trusts (REITs) were broadly higher Friday, as the relatively high-yielding sector was benefiting from a tumble in Treasury yields. The SPDR Real Estate Select Sector ETF rose 0.4% to be the best performer among the SPDR ETFs tracking the S&P 500's 11 key sectors. The REIT ETF was trading just shy of the Feb. 14 record closing price of $41.88. Among the more-active components, shares of Ventas Inc. rose 0.5%, Prologis Inc. tacked on 0.3% and Digital Realty Trust Inc. advanced 0.6%. Meanwhile, Host Hotels & Resorts Inc. fell 0.9%. The yield on the 30-year Treasury note fell 6.9 basis points toward a record low of 1.904%, amid fears that the coronavirus outbreak's impact on economic growth will not be contained to China. Meanwhile, the yield on the REIT ETF 2.818%, compared with the implied yield on the S&P 500 of 1.82%.
Ventas (VTR) delivered FFO and revenue surprises of 1.09% and 1.69%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Ventas' (VTR) Q4 results will likely reflect decent performance of its office operations, though choppy condition of the senior housing market is a concern.
The Louisville-based specialty hospital and rehabilitation company has a new credit opinion out from Moody's Investors Service.
Equinix's (EQIX) efforts to expand its International Business Exchange (IBX) platform are expected to have aided revenue growth in Q4.
Healthpeak (PEAK) is expected to have benefited from transformation of its senior-housing operating portfolio (SHOP) asset quality in fourth-quarter 2019.
Moody's Investors Service ("Moody's") today announced that it affirmed Kindred Healthcare LLC's ("Kindred") B2 corporate family rating ("CFR") and B2-PD probability of default rating. The rating agency also affirmed Kindred's upsized senior secured term loan rating at B3. Today's rating actions follow Kindred's announcement that it is increasing its senior secured term loan by $150 million, with proceeds to be used to repay most of the company's outstanding asset-based revolver drawings.
Based on the fact that hedge funds have collectively under-performed the market for several years, it would be easy to assume that their stock picks simply aren't very good. However, our research shows this not to be the case. In fact, when it comes to their very top picks collectively, they show a strong ability […]
Jim Cramer said on CNBC's "Mad Money Lightning Round," he wouldn't sell KLA Corp (NASDAQ: KLAC ). He thinks the company is in a very good situation. Cramer had gotten more positive on Twitter ...
Real estate investment trusts (REITs) - a way for investors to gain access to assets such as apartments and office buildings while often collecting generous yields - had a disappointing 2018. With just a few days left to go in the year, the Vanguard REIT ETF (VNQ) had lost 13.5% compared to a 12% decline for the broader market. This contrasts with 10-year average annual gains of just more than 12% for the VNQ.Will REITs bounce back in 2019? Well, the same fear that hampered these real-estate plays in 2018 - rising interest rates - still is on the board for the coming year. And higher rates on bonds sometimes hamper the performance of REITs.However, these companies are not created equal. The best REITs for 2019 could benefit from other powerful trends in 2019. For instance, cloud computing's growth should continue to fuel robust demand for data storage services. A massive infrastructure spending bill could improve the fortunes of related REIT plays. And mobile-data growth, as well as the rollout of lightning-fast 5G technology, offers potential growth for cell-tower REITs.Here are the 13 best REITs to buy and hold in 2019. Not only should they benefit from broad trends that could help them outperform their brethren, but REITs as a whole are trading at much more palatable valuations lately. Moreover, average dividend yields in the space currently exceed 4%; all the more reason for investors to stick with REITs if market rockiness continues in the coming year. SEE ALSO: The 10 Best REITs to Buy for 2020
Ventas Inc. (VTR) is a real estate investment trust that invests primarily in real estate serving the healthcare industry, notes Jacob Kilstein, and analyst with Argus Research.
Financial advisor Patrick Healey shares why a small stock market correction is needed in the current investing environment — and how to deal with investor FOMO.