Company Overview and News
Duke Realty (DRE) is a publicly listed REIT that owns a portfolio of industrial properties in the United States. The company is expected to continue to grow its revenue due to strong demand for industrial spaces. The REIT has a healthy balance sheet that allows it to expand its portfolio through accretive acquisitions and development. Duke Realty has a good track record of increasing its dividend consistently.
Prologis, Inc. (PLD - Free Report) is slated to report fourth-quarter 2017 earnings on Jan 23, before the opening bell. Last quarter, this industrial real estate investment trust (REIT) reported an in-line result in terms of funds from operations (FFO) per share. Though the company experienced improved operating environment in the quarter, it did not recognize any promote income. However, Prologis has a mixed surprise history. (65-0)
For index investors, Vanguard increasingly has become the provider of choice. The company, under founder Jack Bogle, pioneered the concept back in the 1970s. Its aggressive efforts to control investor costs have made it the No. 2 provider of exchange-traded funds, behind only BlackRock, Inc. (NYSE:BLK). (109-0)
The overall performance of the REIT industry in 2017 has not been awe-inspiring amid macroeconomic uncertainty in the nation and restrained trading activity. However, a number of asset categories have stood out and generated solid returns, at times even above the broader market. Moreover, due to the presence of favorable market conditions, these REITs have enough scope to excel in the future. This reinstalls our confidence and encourages us to focus on individual market dynamics that play a crucial role in determining the performance of REITs. (26-0)
Prologis’ (PLD - Free Report) build-to-suit activity remained solid in the second half of 2017, with the company completing 13 development projects. With a total expected investment (TEI) of approximately $350 million, these projects included more than 4.7 million square feet of space. (123-0)
Previously, I analyzed the top holdings of 32 dividend ETFs and presented a ranked list of the 50 top dividend growth stocks held in these ETFs. (51-0)
Industrial REITs are one of the most expensive sub-sectors of the REIT market today – trading at an average valuation of 21.6 times 2018 FFO.
It all starts with explosive growth in demand for mobile data that has had a positive impact on Cell Tower REITs. (112-0)
STAG Industrial (STAG) approaches portfolio management the way a fund manager does, by incorporating estimates of expected returns, volatility, and correlation. Modern Portfolio Theory tells us that we can benefit from diversification as we add assets that are not perfectly correlated, i.e., we can lower portfolio volatility without sacrificing expected return.
Realty Income is one of the few REITs that can fend off competition and earn high returns on capital for many years into the future. (233-0)
Investors in the REIT space are usually jittery when a rate hike is announced by the Federal Reserve and there is no exception this time too. However, instead of fretting over the rate that was increased by a quarter point in the recently concluded FOMC meeting, we ought to shift attention to the better outlook offered by the Fed in terms of GDP growth for 2018, a positive revision in projected inflation and expectations of a “strong” job market. (82-0)
After finishing a four-part series on distressed REITs, readers encouraged a comparison of two higher quality names. (46-0)
While performance hasn’t been spectacular over the past three years, REITs are on-pace to deliver their ninth straight year of gains. REITs continue to climb the “wall-of-worry” about rising rates. (54-0)
EastGroup Properties (EGP - Free Report) announced the acquisition of Gwinnett Progress Center, a property in Atlanta for $29.2 million. Gwinnett Progress Center includes a total of 392,000 square feet covering four distribution buildings and an extra 10.5 acres on which an 85,000 square foot building could be created as a part of expansion. Also, the company issued senior unsecured notes worth $60 million to an insurance company. (1-0)
With a $35.2 billion market value, Prologis Inc (NYSE:PLD) ranks in the top 10% of its industry group, Equity Real Estate Investment Trusts (REITs), and in the top 10% of its sector group, Real Estate, in market value. From the prospective of investment attractiveness, the stock's current Portfolio Grader score places it 4 among the 180 companies in this industry group, positioning it among the leaders; among the sector leaders with a ranking of 4 among the 221 companies in the sector, and number 48 in the nearly 5,000 company Portfolio Grader universe.
2017-12-11 - Wilton
2017-12-11 - Wilton
2017-12-03 - Wilton
2017-11-27 - Wilton