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Results(5) #FRT

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Today’s REITs of interest:
1) #UBP closed at $14.30 after a 4.76% increase from the previous closing date with a Beta of 0.00, and a forward annualized dividend yield of 3.50%. 2) #IRT closed at $15.10 after a 2.10% increase from the previous closing date with a Beta of 1.11, and a forward annualized dividend yield of 3.18%. 3) #FRT closed at $100.33 after a 1.70% increase from the previous closing date with a Beta of 1.27, and a forward annualized dividend yield of 4.23%. - REITBot - 2021-03-24 22:00:01 PDT - See full comment

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#FRT is one of the better quality mall reits out there. - Value finder - 2021-03-25 21:51:39 PDT

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Retail Properties of America, Inc. Press Release: Retail Properties of America, Inc. Reports First Quarter 2020 Results - News released on 5 May 2020 16:29:34 -0400 - REITNewsHeadlines - 2020-07-05 08:56:36 PDT - See full comment

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Retail Properties of America, put out an Update report in June. #RPAI has good real estate retail properties if you take a close look at its portfolio. 51.1% of total ABR is Achors, 17.4% Mid-Tier, and 31.5% Small Shops. #RPAI also has a high percentage of high-quality value properties competing with #FRT, #REG, and #WRI. A couple of things that concern me for #RPAI at moment is the level of total rent collected in April and May, and the amount of renewal properties in the next 4-5 years. - Kev B - 2020-07-05 08:56:36 PDT

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Federal Realty Investment Trust Announces First Quarter 2020 Operating Results - News released on Wed, 06 May 2020 16:12:27 -0400 - REITNewsHeadlines - 2020-05-09 20:25:23 PDT - See full comment

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Federal Realty Investment Trust called out in their first quarter 2020 report that they drew down $990 million of the $1 billion revolving credit facility in March 2020, and closed on a new $400 million unsecured term loan. Proceeds will be used to repay balances outstanding under Federal Realty’s $1 billion credit facility. Even though #FRT is a top-notch REIT I will wait before I decide to invest in them during this whole pandemic crisis. - Paul_R_investor - 2020-05-09 20:25:23 PDT

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Which REITs do you consider are value investments right now for the long term? - Gekko5 - 2019-08-27 21:06:57 PDT - See full comment

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SL Green Realty Corp #SLG which is Manhattan’s largest office landlord, declared they are now becoming monthly instead of quarterly!! This is awesome news. They also declared a monthly dividend of $0.295 per share of common stock. The dividend is payable on April 15, 2020 to shareholders of record at the close of business on March 31, 2020. Here is a quote from their press release: “We endeavor to reward our shareholders with a consistent dividend while recognizing the need to maximize liquidity,” said Matt DiLiberto, Chief Financial Officer of SL Green. “Modifying our dividend policy from quarterly payments to monthly payments will allow us to better match our distributions to the operating cash flow we recognize in this current market environment.” - CapitalKing - 2020-04-07 00:46:53 PDT

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#SLG Q1 2020 results: Funds from operations, or FFO, of $2.08 per share for the first quarter, which includes the recognition of $37.7 million, or $0.46 per share, of incremental income from Credit Suisse at 1 Madison Avenue representing rent through December 31, 2020, offset by $11.2 million, or $0.14 per share, of reserves against the Company’s debt and preferred equity portfolio related to the potential sale of certain investments and the implementation of the Current Expected Credit Loss, or CECL, regulations. FFO for the same period in 2019 was $1.68 per share. - JohnforkO - 2020-07-04 16:56:24 PDT

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#EPR dropped -2.23% today, #WPC is down -1.12% today, #STOR is down -1.59% today. All three are interesting buys to me. - CapitalKing - 2019-09-09 20:04:56 PDT

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Essential Properties Realty Trust, Inc. #EPRT is a newcomer which I see potential. - AI_AI - 2019-09-08 10:11:00 PDT

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Market is all over the place today! Some REITs continue to go even higher which worries me while other REITs are in the red. Market is pessimistic today but imagine it will turn around again a couple of times this week. - Billy123 - 2019-09-03 09:11:27 PDT

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I spent some time traveling and in malls during this Labor Day weekend, I was glad to see the malls busy, makes me optimistic about mall REITs. - Rken - 2019-09-02 08:29:41 PDT

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Earlier in the week I mentioned I was planning on buying #PLD & #EGP as I see them as long term value-added stocks. This Friday I bought both of them, the price may drop some in following weeks month, but long term I see it going much higher. - Kev B - 2019-08-31 14:18:56 PDT

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I have some similar ones on my last list as you guys, and some additional ones: #EGP, #PLD, #BDN, #EPR, #NHI, #GTY, #SLG, #NNN, #WPC, #ADC, #ARE, #STOR, #FRT, and #O. All of these options are sound long term investment options, in my opinion. - CapitalKing - 2019-08-28 21:31:04 PDT

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I would also add #DRE to this list! - Davestew - 2019-09-07 22:10:45 PDT

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Hard to get these stocks at a discount. - LLNN - 2019-08-29 09:54:48 PDT

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I would add #GLPI to your list. - Atopp - 2019-08-29 09:46:17 PDT

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For me it is #SLG right now, SL Green is trading at its lowest levels since January 2019. This king of new york office space is undervalued compared to other office REITs. - Davestew - 2019-08-28 19:56:12 PDT

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#FRT pulled back during las week and is a buy. Today though starting to show recovery. It’s a stock to go long. - Rken - 2019-08-28 13:10:23 PDT

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WPC, O & VTR. - Kyuie - 2019-08-27 22:54:39 PDT

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Here are my picks at the moment, listed below: - Kev B - 2019-08-27 21:33:40 PDT

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#EPR - Entertainment Properties Trust, Inc. Although I already acquired EPR at a much lower price, I still believe this REIT is undervalued compared to other REITs and with an P/AFFO of 13.5x. I like that EPR pays dividends monthly and has grown its dividend value by 8.4% over the last 3 years. This is smaller than the other REITs on my current list but still attractive. It also has a good dividend yield of 5.8%. I like the diversification of EPR’s portfolio ( 46% entertainment, 33% recreation, 18% education, and 3% others) which is different from other REITs. In total it has 417 locations across 43 states and Canada, with over 250 tenants. Its AFFO payout ratios have been trending up lately which I don’t like, it when from 58% in Q2 2018 to 83% in Q2 2019, although in 2015 & 2016 it was in the 80-85% ratios also. Its AFFO declined 28% in Q2 2019 compared to Q2 2018, which may also be holding its current stock price down. On the positive side, EPR has a well-laddered debt maturity schedule with no debt maturing until 2022. - Kev B - 2019-08-27 23:18:58 PDT

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#BDN - Brandywine Realty Trust, has a RR overall score of 8.2, from my current list it is probably one of the few REITs which has a stock price which is declining steadily since 2018, and currently trading at only 10 P/FFO. With this level of P/FFO there is plenty of room for valuation of the stock if the market gains the confidence of the stock. With the stock price declining today another 1.33%. The current dividend is at ~ 5.386%. However, dividend payment values have increased by about 22% over the last 3 years, the dividend/payout ratio is still at 50%, and its been paying consistently it for over 21 years. The avg. coverage ratio is 4.45 although last years was better at 5.1. The company has only grown its assets total value by about 1.9% YoY. BDN tenants come from a diversified set of industries with its top 20 tenants representing 32.6% of its total annualized rent. Its largest tenants are IBM, Inc, Comcast Corporation, FMC Corp, Pepper Hamilton LLP, CSL Behring, LLC, and other like Northrop Grumman Corp, KPMG, LLP, and PricewaterhouseCoopers LLP. One concern for me is that in 2020 19% of its total debt will reach maturity, and in 2023 26.4%, and in 2024, 11.8%, I would hope BDN would have a more spread out debt maturity schedule. - Kev B - 2019-08-27 22:43:03 PDT

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#PLD - Prologis, Inc, I’m adding this industrial REIT to my buy list. Some of the things I like about it are that is has a RR overall rating of 9.4, and Credit Ratings of A-/A3. Its RR Dividend Payment Growth score is 10, due to its 23% dividend value growth over the last three years. The dividend yield is only 2.56% currently, but in 20-30 years, I would expect it to pay attractive dividend yields on my current investments. PLD has been paying dividends for over 21 years, 21 being the time horizon I’m looking at, but it may be much longer than that. PLD has over 3,770 building and 5,100 customers, across 19 countries, with 96.8% al occupancy. PLD has high liquidity in its balance sheet, and an average coverage ratio of 12.63 according to my analysis. The companies customers are well-diversified across industries, and the top 25 customers represent 19% of the net effective rent of PLD. The company also has an efficient G&A expense ratio compared to its revenues. With eCommerce and delivery services increasing, I believe PLD has additional space to grow for years to come. - Kev B - 2019-08-27 22:05:27 PDT

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#EGP - EastGroup Properties, Inc.this industrial REIT (87% comprised of business distribution buildings) has been around for a long time (50 years), the dividend is only 2.34% currently but has increased 20% over the last three years. So since I’m investing with a long horizon, if the company keeps this discipline in the future, it will be worth more. EastGroup’s operating portfolio was 97.3% leased to approximately 1,500 tenants, with no single tenant accounting for more than approximately 1.1% of the Company’s income from real estate operations, which is a great stabilizing sign. The company has increased its FFO about 7.44% in the last two years and kept a 58-61% dividend to FFO payout ratio in the previous four years.
Eastgroup overall RR of 8.8, and the REIT is trading at P/FFO 25.7, which is higher than I like but inline with a more stable REIT like this one. - Kev B - 2019-08-27 21:41:35 PDT


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Which REITs are trading at a good price today? Looking for good REITs trading a single day dip / discount. Thanks. - Atopp - 2019-08-23 11:56:41 PDT - See full comment

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This past Friday Extra Space Storage, Inc. (#EXR) broke its August price increase momentum and had a 1.2% price drop. At $119 it’s more than I would like to pay for it. - AI_AI - 2019-09-08 10:01:46 PDT

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Drastic change from last week’s market were everything is back on the rise. - LLNN - 2019-08-29 09:50:32 PDT

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While the market had lots of reds today, some REITs like #EPR, #WPC, #NNN, #BPR were flying high. - Mrinvesta - 2019-08-27 19:35:51 PDT

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CNBC article states "A sell-off worse than December can arrive in a week, says analyst who is predicting ‘Lehman-like’ drop"
PUBLISHED MON, AUG 26 2019 by Yun Li. https:www.cnbc.com/2019/08/26/lehman-like-drop-nomuras-masanari-takada-warns-it-could-happen-in-a-week.html What do you guys think? - Mrinvesta - 2019-08-26 23:08:35 PDT

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We know it’s not the end of these back and forth negotiations “one minute the negotiations are making progress, the other moment the deal falls thought.” Not sure why these short term callouts should make such a rattle in the market. I see these as opportunities to buy what others are selling for below current market prices. - Rocco64 - 2019-08-26 13:09:22 PDT

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Some of the top-ranked REITs showed they can hold to their support levels on Friday while the rest of the market continued to move lower. #ADC Agree Realty is an example of one that went green for the day at +0.65% gain. #EGP, #ARE, #DRE, and #PLD showed good market demand at their support levels. On Monday I want to see how they behave compared to the rest of the market. Will they continue to hold strong or will some drop while market picks up to balance things out? - CapitalKing - 2019-08-25 11:22:51 PDT

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On Friday, I placed several orders, I placed my buy price low at a stretch price, out of fear that the stock price would go lower than my offer price. As a result, several of my orders didn’t get fulfilled on Friday. I will place them again on Monday, although with the recent trends I imagine the market would rebound by Monday. - Fifthtime - 2019-08-24 08:23:18 PDT

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Barron’s article this morning “The Dow Is Rising Because Trump Said China Wants to Talk Trade.” I will hold off on buying some REITs until the next political disagreement starts. - Atopp - 2019-08-26 09:44:12 PDT

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As expected market is rebounding this Monday morning after one tweet. - LLNN - 2019-08-26 07:48:08 PDT

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I’d expect industrial REITs could be the first impacted by new trade tariffs, followed by office then residential REITs. That is if any tariffs are implemented. - Billy123 - 2019-08-23 15:41:02 PDT

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Ventas #VTR ended the day 1.59% in the red, and #WELL 1.29% in the red. - Gekko5 - 2019-08-23 23:09:18 PDT

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However, I would not expect any immediate impact on industrial REITs. - Billy123 - 2019-08-23 15:43:18 PDT

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#ver finally fell below $9.50 where it had been holding tight. Today it lost 2.19 percent. - Omick99 - 2019-08-23 14:21:14 PDT

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#VNQ is ~1.4 down, #wpc only 1.05% down, #qts down 2.6%! - Rocco64 - 2019-08-23 13:20:50 PDT

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#WRI finished the day 2.5% lower at $26.45. - Billy123 - 2019-08-23 17:11:15 PDT

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#FRT is -1.17 so far today. - LLNN - 2019-08-23 12:29:18 PDT

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Hi Billy123, if Weingarten #WRI drops to $26.33, you will be able to get it at 6% dividend yield. That’s my hope and I know Atopp is also waiting for that :D - CapitalKing - 2019-08-24 17:01:18 PDT

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Hi REIT Notes community, some REITs are down today as is the overall market after the latest tweeter storms. I’m looking to find good REITs that are trading at unusually good price or at least lower than recent trends. For example #dre is down 1.26%, #Stag is down 2.2%. - Atopp - 2019-08-23 12:04:47 PDT

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#AHT is going from bad to worse fast on the stock market? Why? On Monday this week, Zack Ranked it as Buy. So I’m surprised by the different direction analysts are taking on Ashford. - Molly23da - 2019-10-10 20:06:57 PDT

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Some of the biggest REIT price losers today that I’m tracking are #AHT (Ashford Hospitality trust): -7.25%, #UNIT (Uniti Group): -4.20%, #FSP (Franklin Street): -4.11%, so if you are interested in any of these REITs Monday may be a good time to get some share. Just hard to know if prices will sharply rebound on Monday, or further slide. - Gekko5 - 2019-08-23 23:15:43 PDT

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Seem that for a moment this afternoon it had accelerated its decline but some have momentarily moved up such as #SRET. - Rken - 2019-08-23 14:05:10 PDT

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#apts is down 3.5% for the day as of now. - LLNN - 2019-08-23 13:02:23 PDT



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