VICI Properties REIT’s Long-Term Upward Trend Continues In February
VICI Properties Inc. (NYSE: VICI) has been in an uptrend since the March 2020 pandemic scare lows, a trend that continued into February of this year.
Amazon Buying Its Own Warehouse Space: Will That Hurt Industrial REITs?
The COVID-19 pandemic greatly changed the way Americans shopped. Online purchases soar as people stayed home in fear of going into malls or stand-alone stores.
Rocket Companies CEO Jay Farner To Step Down After 27 Years With Lender: What’s Next?
Rocket Companies Inc (NYSE: RKT) announced Monday that CEO Jay Farner will step down from his position in June after more than 27 years with the company.
Bullish 50- And 200-Day Moving Average Crossovers For 3 REITs
When the 50-day moving average crosses above the 200-day moving average, it’s considered bullish by technical analysts. The price has finally stopped going down over the short term and is headed back up enough to take it back above the long-term trend.
Terreno Realty Offers 5 Million Shares at $62.50: Assessing Its Impact
From time to time, companies partake in a secondary public offering of their stock to raise funds. The stock offering is set at a lower price to attract investor interest, and the funds derived may be used to pay down excessive debt, fund new acquisitions, invest in product development or cover an operational shortfall.
3 REITs That Beat Analyst’s Estimates But Missed On Guidance
Over time, strong earnings will usually result in an increase in a company’s stock price. But stock prices can fluctuate greatly in the days following earnings reports and may even make large upside moves if the earnings are not only good but also top Wall Street’s estimates.
Spirit Realty Capital REIT Up To New 6-Month High
Spirit Realty Capital Inc. (NYSE: SRC) is trending upward so strongly that it hit a new six-month high earlier this week.
If You Invested $10K In Extra Space Storage 5 years Ago, Here’s How Much You Would Be Making In Dividends Today
As an investor, whether you seek growth, income or both, you should always look at the five-year performance record of a company when considering stocks to purchase. A five-year time frame should address the company’s price movements, dividend growth and recent news and earnings.
CRE Prices Continue To Drop While Blackstone Tries To Keep Investors From Bailing
Commercial real estate (CRE) prices dropped again in January, according to the latest Green Street Commercial Property Price Index. The all-property index was down 0.6% in the first month of the year and is now down 14% from its peak in March 2022. Meanwhile, some investors continue to pull away from CRE.
How The REIT ETF Benchmarks Reacted To Fed’s 0.25% Rate Hike
All in all, it was a good week for price action in the rate-sensitive real estate investment trust (REIT) sector.
Worries that the Federal Reserve might take interest rates higher than expected evaporated when it announced a 0.25% hike rather than a 0.5% hike. The REIT exchange-traded funds (ETFs) reached four-month highs.