The Dow Jones dropped by more than 500 points on Wednesday. Investors, meanwhile, focused on some notable insider trades. When insiders purchase or sell shares, it indicates their confidence or concern around the company''s prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga''s insider transactions platform.3 Medalist Diversified REIT The Trade: Medalist Diversified REIT, Inc. (NASDAQ: MDRR ) 10% owner Susan Finley bought a total of 244,764 shares at an average price of $0.86. To acquire … Full story available on Benzinga.com
The Dow Jones jumped by more than 400 points on Friday. Investors, meanwhile, focused on some notable insider trades. When insiders purchase or sell shares, it indicates their confidence or concern around the company''s prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga''s insider transactions platform.3 Medalist Diversified REIT The Trade: Medalist Diversified REIT, Inc. (NASDAQ: MDRR ) 10% owner Susan Finley bought a total of 50,000 shares at an average price of $0.89. To acquire these shares, it cost around $44.6 thousand. What’s Happening: Alfred Lee Finley, last month, disclosed a 10.9% passive stake in Medalist Diversified REIT. What Medalist Diversified REIT Does: Medalist Diversified REIT Inc is … Full story available on Benzinga.com
Medalist Diversified REIT press release (MDRR): Q2 FFO increased by $2,196,302 to $671,346 for the six months ended June 30, 2022, compared to FFO of ($1,524,956) for the six months…
Today I am looking at some of the best undervalued REITs (real estate investment trusts) that have serious profit potential. These stocks are either at a trough price-wise, or their valuation metrics are very cheap. For example, many of these REITs are down over 25% year to date. Moreover, their valuation metrics show that their price to funds from operation (FFO) are at low multiples. Moreover, in most cases, their dividend yields are also high — many of them higher than their average historical yields. This can be seen in the chart below, which shows the average P/FFO and the average yield of each REIT. Click to Enlarge Source: Mark R. Hake, CFA It shows that the average P/FFO of the group is just 8.22x for 2022. It is lower for 2023 at 7.8x. The average dividend yield of the group is 10%. Moreover, the median target price upside is over 17% higher. That shows how much these undervalued REITs could rise over the next year if interest rates eventually peak and then start to decline. 7 Seriously Undervalued Tech Stocks to Buy Now Now, let’s dive in and look at these REITs.
The RMR Group Inc. with ticker code (RMR) now have 3 analysts covering the stock with the consensus suggesting a rating of ''Hold''. The range between the high target price and low target price is between 44 and 32 calculating the average target price we see 36. With the stocks previous close at 27.49 this is indicating there is a potential upside of 31.0%. There is a 50 day moving average of 28.46 and the 200 day MA is 31.28. The company has a market capitalisation of $450m. Visit the company website at: https://www.rmrgroup.com [stock_market_widget type="chart" template="basic" color="green" assets="RMR" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $589m based on the market concensus. The RMR Group Inc., through its subsidiary, The RMR Group LLC, provides business and property management services in the United States. The company provides management services to its four publicly traded real estate investment trusts and three real estate operating companies.
Thursday marks the last chance for investors to receive the next dividend payout from RMR Group (NASDAQ: RMR ). What''s Happening The company announced on Thursday that it would pay shareholders a quarterly dividend of 40 per share. On Friday, RMR Group will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other … Full story available on Benzinga.com
RMR Group (NASDAQ:RMR) declares $0.40/share quarterly dividend, in line with previous.Forward yield 5.81%Payable Aug.
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced a regular quarterly cash dividend on its shares of Class A Common Stock and Class B-1 Common Stock of $0.40 per share ($1.60 per share per year). This distribution will be paid to RMR’s shareholders of record as of the close of business on July 25, 2022 and distributed on or about August 18, 2022. About The RMR Group The RMR Group (Nasdaq: RMR) is a leading U.S. alternative asset management company, unique for its
The RMR Group Inc. found using ticker (RMR) now have 3 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The range between the high target price and low target price is between 44 and 32 and has a mean target at 36. With the stocks previous close at 28.36 this would imply there is a potential upside of 26.9%. There is a 50 day moving average of 28.43 and the 200 day MA is 31.59. The market capitalisation for the company is $461m. Company Website: https://www.rmrgroup.com [stock_market_widget type="chart" template="basic" color="green" assets="RMR" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $586m based on the market concensus. The RMR Group Inc., through its subsidiary, The RMR Group LLC, provides business and property management services in the United States. The company provides management services to its four publicly traded real estate investment trusts and three real estate operating companies. It also provides investment advisory services.
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced that it will issue a press release containing its third quarter 2022 financial results after the Nasdaq closes on Thursday, August 4th, 2022. On Friday, August 5th, 2022 at 1:00 p.m. Eastern Time, President and Chief Executive Officer Adam Portnoy and Chief Financial Officer Matt Jordan will host a conference call to discuss these results. The conference call telephone number is (877) 270-2148. Participants calling
The RMR Group Inc. found using ticker (RMR) have now 3 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The range between the high target price and low target price is between 44 and 32 and has a mean target at 36. With the stocks previous close at 28.35 this would imply there is a potential upside of 27.0%. The day 50 moving average is 28.47 and the 200 day moving average is 31.69. The company has a market capitalisation of $478m. Find out more information at: https://www.rmrgroup.com [stock_market_widget type="chart" template="basic" color="green" assets="RMR" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $606m based on the market concensus. The RMR Group Inc., through its subsidiary, The RMR Group LLC, provides business and property management services in the United States. The company provides management services to its four publicly traded real estate investment trusts and three real estate operating companies.
Medalist Diversified REIT (MDRR) said Monday its operating partnership Medalist Diversified Holdings purchased a community shopping center in Salisbury, North Carolina.The property…
Medalist Diversified REIT press release (MDRR): Q1 GAAP EPS of -$0.06.Revenue of $2.9M (+8.6% Y/Y).Net operating income increased 26% to $1.88 million, up from $1.49 million for the…
Medalist Diversified REIT press release (MDRR): FY GAAP EPS of -$0.33.Revenue of $11.48M (+24% Y/Y).
RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT (NASDAQ: MDRR) (the Company or Medalist), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., today announced that its Board of Directors has authorized, and the Company has declared, a quarterly cash dividend on its common stock (the Common Stock) in the amount of $0.02 per share (the Dividend). In its decision, the Board of
RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the Company or Medalist), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., today announced that its Board of Directors has authorized and the Company has declared a dividend for the 2nd quarter of 2021 on its 8.0% Series A Cumulative Redeemable Preferred Stock (the Series A Preferred Stock) in the amount
RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the Company or Medalist), is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S. On June 2, 2021, Medalist Diversified Holdings, L.P., the operating partnership of Medalist Diversified REIT, Inc., entered into an agreement to sell the Companys Hampton Inn Property located in Greensboro, North Carolina to an u
RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the Company or Medalist), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., today announced that it has extended its rental agreement with Clemson University for the Companys Clemson Best Western Plus property. Under the terms of the agreement, the university has agreed to extend its rental contract for th
Earnings results for Medalist Diversified REIT , Analyst Opinion on Medalist Diversified REIT , Earnings and Valuation of (NASDAQ:MDRR), Stock market Insights & financial analysis, Best stock to invest, Investment Idea, The post Analyst Valuation and EPS Growth for Medalist Diversified REIT (NASDAQ:MDRR) appeared first on .
Medalist Diversified REIT acquires Lancer Center Submitted 17/05/2021 - 1:43pm Medalist Diversified REIT, a Virginia-based real estate investment trust that specialises in acquiring, owning and managing commercial real estate in the Southeast region of the US, has acquired a retail centre totalling approximately 178,626 square feet of gross leasable space in Lancaster, South Carolina, commonly referred to as the Lancer Center. The price was USD10,100,000, exclusive of closing costs and a USD200,000 credit to the Company for major repairs. The Companys equity investment in the acquisition of approximately USD3,750,000 was funded using a portion of the net proceeds from the Companys common stock offering that Medalist closed with Kingswood Capital on April 13, 2021. Management expects to use the remaining proceeds from the common stock offering for additional acquisitions during 2021. The balance of the purchase price for the Lancer Center was funded by a commercial loan. Lancer Center anchor tenants include: Big Lots; Harbor Freight; KJs Grocery; and Babcock Furniture.
RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the Company or Medalist), is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S. On May 14, 2021, Medalist Diversified Holdings, L.P., the operating partnership of Medalist Diversified REIT, Inc. (the Company), acquired a retail center totaling approximately 178,626 square feet of gross leasable space in Lan
Earnings results for Medalist Diversified REIT , Analyst Opinion on Medalist Diversified REIT , Earnings and Valuation of (NASDAQ:MDRR), Stock market Insights & financial analysis, Best stock to invest, Investment Idea, The post Analysts Estimate Report : What to Look Out for Medalist Diversified REIT (NASDAQ:MDRR) appeared first on .
Medalist Diversified REIT Inc shares closed today 18.6% lower than it did at the end of yesterday. The stock is currently down 19.7% year-to-date, up 9.5% over the past 12 months, and down 77.5% over the past five years. Today, the Dow Jones Industrial Average rose 0.8%, and the S&P 500 rose 0.7%. Trading Activity Shares traded as high as $2.20 and as low as $1.68 this week.Shares closed 8e+1% below its 52-week high and 4e+1% above its 52-week low.Trading volume this week was 117.6% higher than the 10-day average and 46.2% lower than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.6. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold.The stock closed at 21.8% lower than its 5-day moving average, 31.1% lower than its 20-day moving average, and 37.5% lower than its 90-day moving average. Market Comparative Performance The company's share price lags the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price lags the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis The company share price lags the performance of its peers in the Financials industry sector today, lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -554.4% The company's stock price performance over the past 12 months lags the peer average by -85.4% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Medalist Diversified REIT Inc. shares closed today 15.5% lower than it did at the end of yesterday. The stock is currently up 7.3% year-to-date, up 30.0% over the past 12 months, and down 69.9% over the past five years. Today, the Dow Jones Industrial Average rose 0.9%, and the S&P 500 rose 0.1%. Trading Activity Shares traded as high as $2.80 and as low as $1.79 this week.Shares closed 6e+1% below its 52-week high and 1e+2% above its 52-week low.Trading volume this week was 377.3% higher than the 10-day average and 937.3% higher than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.5. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price lags the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price lags the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis The company share price lags the performance of its peers in the Financials industry sector today, lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -31.0% The company's stock price performance over the past 12 months lags the peer average by -61.0% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Medalist Diversified REIT announce their quarterly, annual earnings. See the latest EPS estimates. Listen to the conference call and remind yourself by…
Kaixin Auto (NASDAQ:KXIN) -34%. Fastly FSLY -29% after cutting guidance. Medalist Diversified REIT (NASDAQ:MDRR) -20%. VivoPower International VVPR -19% o
Medalist Diversified REIT, Inc. , a Virginia-based real estate investment trust that specializes in acquiring, owning and managing value-add commercial real estate in the Southeast region of the… | July 13, 2020