- Spark Newswire

2 minute read

Hudson Pacific, Kilroy Realty and SL Green Realty REITs Hit New 52-Week Lows

Today, 2:34 PM

These three real estate investment trusts (REITs) hit new 52-week lows this week, demonstrating how the uncertainty about interest rates continues to plague the sector. Hudson Pacific Properties Inc. (NYSE: HPP), Kilroy Realty Corp.

HPP

2 minute read

4 More REITs Hit New Yearly Lows

By John Navin

Today, 2:34 PM

Worries about whether the Federal Reserve might slow the pace of interest rate hikes are taking a toll on a few real estate investment trusts (REITs). These four interest-sensitive REITs dropped to new 52-week lows as the sector continues to suffer from the more-sellers-than-buyers problem.

DEI

2 minute read

The GEO Group Blasts Upward To Another New 52-Week High

By John Navin

Today, 2:34 PM

It might be the hottest real estate stock traded right now.

AMT

2 minute read

Pennsylvania Real Estate Investment Trust Hits New 52-Week Low

By John Navin

Today, 2:34 PM

Pennsylvania Real Estate Investment Trust (NYSE: PEI) last week sold off to a new 52-week low at $2.45 before buyers took it to just slightly higher.

PEI

2 minute read

Small Cap

Private Prison Company GEO Group Hits New 52-Week High

By John Navin

Today, 2:34 PM

A company in the prison facilities field hit a new 52-week high this week, a sign of solid investor interest.

GEO

2 minute read

The Major REITS: Is A Bottom Now In Store Or Is This Another Relief Rally?

By John Navin

Today, 2:34 PM

With interest rates easing off of their recent highs, including the 10-year U.S. Treasury Note yield (now back under 4%) and the 30-year fixed-rate national average mortgage rate (now back below 7%), real estate investment trusts (REITs) may be perking up. Is a bottom finally in store or is it just one more relief rally?

EXR

2 minute read

Welltower Is Having A Strong Month After Impressive Q3 Earnings

By John Navin

Today, 2:34 PM

A major real estate investment trust (REIT) headed higher on Nov. 8, after reporting third-quarter funds from operation (FFO) met expectations and revenues beat them.

WELL

2 minute read

Mortgage REIT Lument Finance Trust Drops To Another New Low

By John Navin

Today, 2:34 PM

Lument Finance Trust Inc. (NYSE: LFT), a New York-based real estate investment trust (REIT), declined in price this week to another new 52-week low.

LFT

2 minute read

REITs Hit New 52-Week Lows This Week As Sector Slide Continues

By John Navin

Today, 2:34 PM

Weakness in the real estate investment trust (REIT) sector continues as investors dump shares. The relentless selling this week was enough to take these three REITs to new 52-week lows. It’s not a bullish sign for the group that the trend seems to be irretrievably downward this year.

BRMK