Major REITs End 2022’s 3rd Quarter With Losses
Interest rate hikes resulted in third-quarter losses for most real estate investment trusts (REITs).
With the Federal Reserve taking short-term rates up by 0.75% and 30-year fixed mortgage rates nearing 7%, REITs headed down in price. The expectation that even higher rates are on the way is not helping.
Stocks That Hit 52-Week Lows On Wednesday
Wednesday's session saw 361 companies set new 52-week lows.
3 REITs For Reliable Passive Income
You’re an investor who’s looking at retirement in just a few short years. You want to transition from growth investments to income-producing instruments. You want solid investments you can hang on to for several years, but you’re looking for a higher yield than what’s available with bank certificates of deposit or U.S. Treasuries.
3 High-Dividend REITs For Steady Passive Income
Equities are more volatile than ever as macroeconomic headwinds pile on. The recent data revealing slowing economic activity in China has raised major concerns regarding a global economic slowdown, as China is the manufacturing hub of the world. The major U.S. benchmark indexes are currently down more than 13% year to date.
Where Realty Income Stands With Analysts
Over the past 3 months, 4 analysts have published their opinion on Realty Income (NYSE:O) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.
REITS Slightly Under Performing Year-To-Date Compared To S&P 500
In general, real estate investment trusts (REITs) are failing to beat the market as a whole so far this year.