|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||32.39 - 32.77|
|52 Week Range||29.17 - 34.02|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.14%|
National Retail Properties Inc. (nnn) said Monday it will raise its quarterly dividend by 5.3%, which would mark the 29th-straight year the real estate investment trust has increased its dividend. The new dividend of 50 cents a share, up from 47.5 cents a share, will be payable Aug. 15 to shareholders of record on July 31. Based on Friday's stock closing price of $44.37, the new annual dividend rate implies a dividend yield of 4.51%, compared with the yield for the SPDR Real Estate Select Sector ETF (xlre) of 3.19% and the implied yield for the S&P 500 (spx) of 1.90%, according to FactSet.
Vanguard, the king of low-cost, self-directed investing, is seeing increased competition in the real estate exchange-traded fund (ETF) marketplace with the entrance of J.P. Morgan Asset Management, the unit of JPMorgan Chase & Co. ( JPM) that includes its ETF business. According to a report in MarketWatch, earlier this week, J.P. Morgan Asset Management introduced a new ETF focused on real estate investment trusts (REITs). The JPMorgan BetaBuilders MSCI US REIT ETF ( BBRE) began trading this week and tracks what is one of the most widely followed REIT benchmarks – the MSCI US REIT Index – noted the report.
U.S. stocks fell broadly on Friday, as an escalation in trade tensions between the U.S. and China weighed on risk assets, though areas of the market considered safer traded up on the day.
The utilities and real estate sectors are most likely to feel a hit from rising interest rates, Wall Street analysts say. The Federal Reserve this week imposed its second interest rate hike so far this year on growing optimism about the U.S. economy, particularly in employment. The Fed raised its benchmark interest rate to a range of 1.75% to 2% and hinted that two more hikes were likely to come.
Think baby boomer categories that tap health care, downsizingSome fresh REIT investment ideas will benefit from aging baby boomers, as well as overall demographic trends. The advantage of exposure to real estate as a more concrete option among financial assets has been hard to glean from the dismal performance of real estate investment trusts over the past few years. “It’s still a pretty good time to buy some REITs,” said David Copp, manager of the TIAA-CREF Real Estate Securities Fund(TCREX) .
REITs are usually valued using price-to-FFO multiples, since this ratio requires adding back depreciation and makes other adjustments that help in correctly determining a REIT’s income. American Tower (AMT) is currently trading at a trailing-12-month price-to-FFO ratio of 20.2x compared with its peer group average of 18.7x, which suggests that the company is being traded at a premium compared to its peers. Players in the peer group include Crown Castle (CCI), SBA Communications (SBAC), Realty Income (O), and Simon Property Group (SPG).
State Street Global Advisors, the third-largest U.S. issuer of exchange traded funds, is planning to add to its lineup of sector ETFs. As was previously announced by index providers MSCI Inc. and Standard ...
Politics aside, investors will be focused on the FOMC meeting announcement, forecasts and Fed press conference this week. As we have discussed in previous notes, investors are universally expecting the FOMC to raise rates by 25 bps. The FOMC forecasts, arguably the most pivotal narrative for investors this week, will be updated.
On March 9, Wall Street marked the nine-year anniversary of the long-term bullish uptrend we are currently in and, let’s face it, there has been a lot to celebrate. While there have been a few volatile periods during this nine-year run, most of this bullish uptrend has been characterized by steady spans of uninterrupted bullish moves higher.
The Conference Board LEI (Leading Economic Index) is one of the most-followed forward economic indicators in the financial world. The LEI is a monthly economic series that tracks any changes in the US business cycle. The index is constructed by modeling the changes to ten forward-looking economic indicators.
• U.S. equity markets post a fourth consecutive week of gains • All three major US equity indices trade further into record territory • S&P Capital IQ raises Q4 EPS estimates for the S&P 500 • Apple, Amazon and Facebook earnings due out • Initial 2017 Q4 GDP, released last Friday, disappoints at 2.6%; Bloomberg consensus was calling for 2.9% • A jump in net exports and a slowdown in net investments held back the topline number to a gain of 2.6% • Q4 consumer spending rose 3.8% • Q4 Durable spending rose 14.2% • Q4 Residential investment rose 11. ...
Robots are disrupting the construction industry as demand for housing grows while housing supply and labor shrink. Yahoo Finance's Seana Smith, Dion Rabouin, Rick Newman and Dan Howley discuss.
Yahoo Finance's Seana Smith, Dion Rabouin and Kevin Kelly, CEO, Benchmark discuss what area of the country are seeing a real estate boom and which ones are bust.
President Trump’s back and forth on the Trans-Pacific Partnership deal is raising new questions over whether the U.S. might try to get back in. Yahoo Finance’s Alexis Christoforous and Rick Newman answer your questions.
The Congressional Budget Office says the tax cuts and explosion in federal spending will drive the deficit past $1 trillion by 2020. Yahoo Finance’s Alexis Christoforous, Julia La Roche, and Melody Hahm discuss the economic impact.
Alan Valdes of Silverbear Capital joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.
Yahoo Finance's Seana Smith, Dion Rabouin, Julia La Roche, and Dan Roberts discuss why the market selloff has some similarities with the crash of 2008.
Yahoo Finance's Seana Smith, Andy Serwer, and Myles Udland are joined by CEO and Co-Founder of Ellevest Sallie Krawcheck to discuss why the market slid into the red today.