It’s been a tumultous couple of years of real estate stocks. The pandemic caused unprecedented changes in people’s daily lives and working habits. Some categories of real estate investment trusts (REITs) benefitted from these adjustments. Sub-sectors such as data centers and industrial warehouses enjoyed a surge in demand during the pandemic period. Many categories of real estate, however, did not fare so well. One category that has taken a great deal of heat is malls and shopping centers. The past two years have seen a tremendous move toward e-commerce instead of brick and mortar retail. Offices are another category of real estate stocks facing problems. Workers are returning to the office little by little. But telecommuting is here to stay for many roles, and still more firms are adopting hybrid work models that require less-expensive office space. Office REITs are struggling to adapt to this change. It’s not just offices and shopping mall real estate stocks that are struggling, either.
Which real estate cannabis company is the right investment today?
2 Marijuana Stocks To Buy At The Close Of September? It seems marijuana stocks are seeing a last-minute upward push before the start of October. Just an hour or 2 after Tuesday’s open marijuana stocks started to see a slight recovery in the market. Historically before the start of a new month, the sector will either rise or fall. Yet in this case, marijuana stocks show to be having an uptick in trading. If you were able to find marijuana stocks to buy during any pullback over the last several weeks then on the 27th you could have seen a good return. Now mid-way through the week and with only a few days left in September the expectation of investors remains high. Mainly because there is much to still be done in the cannabis industry from company growth to more regulations. So with this on investors minds, the positive speculation can create moments of increased momentum which then transcends into better trading. Things can change without warning when trading marijuana stocks that’s why it is best to take profits when you can.
It’s up for debate whether the overall stock market has hit a bottom, but many stocks have clearly become oversold. That’s the case for many unknown and little-known stocks. Consequently, there are now plenty of unknown stocks to invest in that can climb tremendously. These types of stocks, which are mostly small-cap and micro-cap names, usually are not followed by many analysts. These under-the-radar names are also too small for many institutional investors to consider. Due to both these factors, these stocks often tend to be mispriced. It can take the market a long time to determine fair prices for underfollowed stocks. As a result, small investors have plenty of time to uncover these hidden gems before they take off. Undervalued and under-the-radar, these seven unknown stocks provide investors with big opportunities. Once the bull market returns, all of them could rally tremendously. ACTG Acacia Research $4.03 ALTO Alto Ingredients $3.79 HDSN Hudson Technologies $6.82 KTEL KonaTel $1.29 NLCP NewLake Capital Partners $14 PLPC Preformed Line Products $72.40 THRY Thryv Holdings $22.95 Acacia Research (ACTG) Acacia Research (NASDAQ: ACTG ) is what’s known as a net operating loss (or NOL) shell.
In this article, we discuss the companies that have just increased their dividends. If you want to read our detailed analysis of dividend investing, go directly to read MSFT and 9 Other Companies Just Increased Their Dividends. 5. Innovative Industrial Properties, Inc. (NYSE:IIPR) Number of Hedge Fund Holders: 16 Innovative Industrial Properties, Inc. (NYSE:IIPR) is […]
Any default of larger tenants could lead to significant drop in Innovative Industrial Properties'' share price. But see why we keep our buy rating on IIPR stock.
Innovative Industrial Properties embedded growth remains high with a near 100% collectibles rate. Read why we believe IIPR stock could be an outlier.
Gainers: Mill City Ventures III (MCVT) +14%. Innovative Industrial Properties (IIPR) +10%. Industrial Logistics Properties Trust (ILPT) +7%. The Marygold Companies (MGLD) +6%. Franklin…
Upgrades According to Citigroup, the prior rating for Tricon Residential Inc (NYSE: TCN ) was changed from Neutral to Buy. The current stock performance of Tricon Residential shows a 52-week-high of $17.23 and a 52-week-low of $9.33. Moreover, at the end of the last trading period, the closing price was at $10.14. Citigroup upgraded the previous rating for Kite Realty Group Trust (NYSE: KRG ) from Neutral to Buy. For the second quarter, Kite Realty Gr Trust had an EPS of $0.49, compared to year-ago quarter EPS of $0.34. The stock has a 52-week-high of $23.35 and a 52-week-low of $16.68. At the end of the last trading period, Kite Realty Gr Trust closed at $18.99. Jefferies upgraded the previous rating for Heico Corp (NYSE: HEI ) from Hold to Buy. For the third quarter, Heico had an EPS of $0.60, compared to year-ago quarter EPS of $0.56. The current stock performance of Heico shows a 52-week-high of $165.61 and a 52-week-low of $126.95. Moreover, at the end of the last trading period, the closing price was at $148.58.
Innovative Industrial Properties (IIPR) stock has driven up 5.4% in early Monday trading after Compass Point upgraded the medical cannabis REIT to Buy from Neutral following…
Innovative Industrial Properties, Inc. (IIPR) declares 1.80/share quarterly dividend, 67.9% decrease from prior dividend of $1.75.Forward yield 2.53%Payable Oct.
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that its board of directors has declared a third quarter 2022 dividend of $1.80 per share of common stock. The common stock dividends declared for the twelve months ending September 30, 2022, of $6.80 per common share represent an increase of $1.34, or 25%, over dividends decl
Innovative Industrial Properties, a San Diego-based real estate investment trust (REIT) that focuses on the regulated cannabis industry, completed its acquisition of a property in Webster, Massachusetts. Innovative Industrial Properties buys MA cannabis facility for $21.5 million is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
Innovative Industrial Properties, Inc. (NYSE: IIPR ) closed on the acquisition of a property comprising approximately 104,000 square feet of industrial space in Webster, Massachusetts . The purchase price for the property was $21.5 million , which is fully built out and operational as a regulated cannabis cultivation and processing facility . Concurrent with the closing of the purchase, IIP entered into a long-term, triple-net lease agreement for the property with a subsidiary of Curaleaf Holdings, Inc. (OTCQX: CURLF ) (CSE:CURA) The property consists of cultivation, manufacturing, office, administrative and storage space, and is estimated to produce approximately 32,000 pounds of cannabis … Full story available on Benzinga.com
Innovative Industrial Properties (IIPR) said Thursday it acquired a property comprising ~104K sq. ft. of industrial space in Webster, Massachusetts for $21.5M.Purchase price was ~$207 pe…
Office Properties Income Trust (OPI) is scheduled to announce Q2 earnings results on Thursday, July 28th, after market close.The consensus EPS Estimate is -$0.15 and the consensus…
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.
NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced a regular quarterly cash distribution on its common shares of $0.55 per common share ($2.20 per share per year). This distribution will be paid to OPI’s common shareholders of record as of the close of business on July 25, 2022 and distributed on or about August 18, 2022. About Office Properties Income Trust Office Properties Income Trust (Nasdaq: OPI) is a national REIT focused on owning and leasing of
Office Properties is offering a dividend yield of 11% with a payout ratio of 50%. On the other hand, OPI has a high debt load.
This article today is about six strong dividend stocks to buy for high inflation. They have higher yields than the current inflation rate, which as of June 10, was reported to be 8.6% in the last 12 months. Most of these stocks are REITs (real estate investment trusts) or MLPs ( Master Limited Partnerships ) which are required to pay out 90% of their net income in order to keep their non-taxable status. MLPs tend to be focused on the oil and gas industry, although they are not required to be there. REITs are focused on the real estate industry — 75% of their income must come from related real estate activities, including rents, mortgage interest, or gains from the sale of the property. Just like MLPs, 90% of their income must be distributed. REITs tend to use leverage to enhance their income. These two industries tend to be focused on producing cash flow that can be distributed to investors. That makes them ideally suited to produce strong dividends to battle inflation. In addition, some of these stocks are business development companies (BDCs), which are also regulated investment companies.
Office Properties Income Trust (Nasdaq: OPI) today announced that it received the 2022 ENERGY STAR Partner of the Year Sustained Excellence Award for its outstanding leadership in energy management. This is the fifth consecutive year that OPI has achieved Partner of the Year recognition and the third consecutive year OPI has earned the Sustained Excellence designation in the Energy Management category.
NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced that it received the 2022 ENERGY STAR® Partner of the Year Sustained Excellence Award for its outstanding leadership in energy management. This is the fifth consecutive year that OPI has achieved Partner of the Year recognition and the third consecutive year OPI has earned the Sustained Excellence designation in the Energy Management category. Currently, 47 buildings in OPI’s portfolio are ENERGY STAR c
Office Properties Income Trust (OPI) shares closed today at 0.3% below its 52 week high of $30.05, giving the company a market cap of $1B. The stock is currently up 37.8% year-to-date, up 24.6% over the past 12 months, and down 51.3% over the past five years. This week, the Dow Jones Industrial Average rose 0.9%, and the S&P 500 rose 0.3%. Trading Activity Trading volume this week was 24.0% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.1. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.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 is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , 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 beats the peer average by 87.6% The company's stock price performance over the past 12 months lags the peer average by -27.5% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 60.2% higher than the average peer. 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.
Office Properties Income Trust shares closed today at 0.9% below its 52 week high of $29.73, giving the company a market cap of $1B. The stock is currently up 32.5% year-to-date, up 42.3% over the past 12 months, and down 39.6% over the past five years. This week, the Dow Jones Industrial Average rose 3.7%, and the S&P 500 rose 3.8%. Trading Activity Trading volume this week was 7.5% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.2. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.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 is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , 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 beats the peer average by 122.6% The company's stock price performance over the past 12 months beats the peer average by 21.9% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 197.1% higher than the average peer. 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.
Office Properties Income Trust shares closed today at 0.2% below its 52 week high of $29.56, giving the company a market cap of $1B. The stock is currently up 32.6% year-to-date, up 40.2% over the past 12 months, and down 39.5% over the past five years. This week, the Dow Jones Industrial Average rose 4.1%, and the S&P 500 rose 2.7%. Trading Activity Trading volume this week was 1.8% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.3. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.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 is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , 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 beats the peer average by 123.5% The company's stock price performance over the past 12 months lags the peer average by -0.2% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 198.2% higher than the average peer. 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.