These 4 REITs Trade Below Book Value And Pay Dividends
When a real estate investment trust (REIT) trades below book value, it’s in the bargain basement of stock market offerings. When that REIT offers a dividend, the investor receives payment just for holding the cheap security. It can be a sweet combination of factors — as long as other important metrics align favorably.
Corporate Office Properties Trust Forms Two Data Center Shell Joint Ventures With Blackstone Real Estate; ~$250M Of Equity To COPT
Approximately $250 Million of Equity to COPT
Corporate Office Properties Trust ("COPT" or the "Company") (NYSE:OFC) announces the formation of two new joint ventures with entities
These 4 REITs are Trading Below Book Value and Paying Dividends
Ares Commercial Real Estate Corp. (NYSE: ACRE) is a mortgage real estate investment trust (mREIT) now going for just 78% of book value.
10 Financials Stocks Whale Activity In Today’s Session
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Blackstone Mortgage Trust’s Return On Capital Employed Insights
According to Benzinga Pro, during Q3, Blackstone Mortgage Trust (NYSE:BXMT) earned $103.92 million, a 10.71% increase from the preceding quarter. Blackstone Mortgage Trust also posted a total of $156.18 million in sales, a 6.2% increase since Q2.
JP Morgan Maintains Neutral on Blackstone Mortgage Trust, Lowers Price Target to $27.5
JP Morgan analyst Richard Shane maintains Blackstone Mortgage Trust (NYSE:BXMT) with a Neutral and lowers the price target from $30 to $27.5.