Yet Another REIT Drops to 52-Week New Low
The negative effects of the Federal Reserve’s interest rate hikes continue to hit the real estate investment trust (REIT) sector.
Another REIT Drops To 52-Week New Low
Less-than-expected funds from operations (FFO) in the third quarter led to a new 2022 low for Centerspace (NYSE: CSR), a small New York Stock Exchange real estate investment trust (REIT).
Invitation Homes Drops To New Low After Quarterly FFO Report
Real estate investment trust (REIT) Invitation Homes Inc. (NYSE: INVH) gapped down in price to a new 52-week low after reporting third-quarter funds from operations (FFO).
Dynex Capital Drops To New Low, Then Bounces, After FFO Are Less Than Expected
After reporting less than expected funds from operations, Dynex Capital Inc (NYSE: DX) dropped to a new 52-week low and then found enough buyers to bounce back a bit. The real estate investment trust ended up 1.73% on Tuesday, 10/25.
Medical Properties Trust Drops To 4-Year Low, Underperforms Benchmark
Real estate investment trust (REIT) Medical Properties Trust Inc. (NYSE: MPW) not only dropped to a new four-year low, it also underperformed the benchmark Real Estate Select Sector SPDR (NYSE: XLRE) last week on both daily
Yen Falls To 32-Year Low Against The Dollar
It’s one of the many effects of the rise in interest rates in the United States:
The Japanese yen has fallen to a 32-year low versus the dollar. The government in Tokyo will not allow its 10-year yield to rise above 0.25% — it’s a government finance policy mandate — so global investors avoid it in favor of the U.S. 10-year rate at 4%.
Why REITs Are Being Sold And Avoided
Why REITs Are Being Sold And Avoided
Interest rates, interest rate hikes and expectations about further interest rate hikes are creating problems for real estate investment trusts.
REITs Continue To Rally On Greater-Than-Expected Inflationary Data
The major real estate investment trusts (REITs) started to rally after the Oct. 13, 2022, consumer price index report from the U. S. Bureau of Labor Statistics, despite the slightly hotter-than-expected September inflation number of 8.2% year-over-year figure versus the expected 8.1% year-over-year. The previous month had come in at 8.3%.
REIT Analysts Are Changing Their Opinions: Find Out Here What’s Changed
As of Oct. 1, these are the leading Wall Street analysts’ opinions on the real estate investment trusts (REITs) they follow:
5 REITs That Outperformed The Market On Monday
After weeks of intense and relentless selling, have real estate investment trusts (REITs) finally bottomed?
No one can say for sure, but REITs in general had a very good day Monday with some of the best up moves in awhile.
The following five REITs easily outperformed the Standard & Poor’s 500 on Monday, and that benchmark index was up 2.65%.