Ruling stocks in today's market: Alexandria Real Estate Equities, Inc. (NYSE:ARE)
- Author: Zachary Reyes Apr 05, 2017,
Apr 05, 2017, 14:25
Two Sigma Investments LP owned approximately 0.24% of Investors Real Estate Trust at the end of the most recent quarter. Investors Real Estate Trust has a consensus rating of "Hold" and a consensus target price of $6.56. Schroder Real Estate Investment Trust Ltd (SREI.L) has a current P/E ratio of 23.52. Wall Street is only getting neutral on the stock, with 2 of analysts who cover MOH having a buy-equivalent rating. Wheeler Real Estate Investment Trust had 6 analyst reports since August 12, 2015 according to SRatingsIntel. The stock now has a Market Cap of $12.78B.
The current assessment for Alexandria Real Estate Equities, Inc.
In recent action, Alexandria Real Estate Equities, Inc. Finally, Maxim Group reaffirmed a "buy" rating and set a $18.00 target price (up previously from $16.00) on shares of Wheeler Real Estate Investment Trust in a research note on Wednesday, March 1st. The average volume stands around 0.93 million shares. That value represents a market adjusting for revenues that have been growing by 11.26 % on a quarterly year/year basis as of the company's last quarterly report.
Moving Average refers to the average price of the security over a given period of time The stock recorded a moving average of $111.33 for the last month. Its revenue totaled $4.55 billion up 0.13% from the previous quarter. Investors Real Estate Trust had a net margin of 19.93% and a return on equity of 0.03%. This quarter analysts say they expect sales to move at $51.36 million - higher from $48.52 million the year before. State Street Corp now owns 2,420,557 shares of the real estate investment trust's stock valued at $79,121,000 after buying an additional 35,242 shares during the last quarter. The business's revenue was down 2.8% compared to the same quarter past year. Washington Real Estate Investment Trust shares are now trading up about 0.9% on the day.
The firm also recently declared a dividend, which will be paid on Monday, April 17th. The ex-dividend date was Monday, March 13th. As per Thursday, March 10, the company rating was maintained by Maxim Group. (NYSE:ARE) REIT - Office shows a Dividend Yield of 3.00% with a Payout Ratio of *TBA.
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According to Zacks, "Investors Real Estate Trust is a real estate investment trust operating in the Midwest".
Several brokerages have recently weighed in on WRE. TheStreet raised shares of Wheeler Real Estate Investment Trust from a "d+" rating to a "c-" rating in a research note on Tuesday, February 14th. If the average volume is low then the liquidity is low which means it is hard to buy or sell the stock as there are fewer buyers or sellers of the stock. Also, the current price highlights a discount of 13.27% to analysts' high consensus price target. The Company's business consists of the ownership and operation of real property in the greater Washington metro region. The Trust's primary objectives are to generate stable and growing cash distributions from investments in income producing industrial properties in markets across Canada and distribution and logistics markets in the United States; to maximize the long-term value of the properties through active management, and to expand its asset base and increase its distributable income through an accretive acquisition program.