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Maxus Realty Trust (OTCMKTS:MRTI) Releases Earnings Results

Key Points

  • Maxus Realty Trust reported quarterly earnings of $3.03 per share.
  • The stock opened at $77.11, trading within a 12‑month range of $54.00–$103.99, with a market cap of $91.76 million and a P/E of 63.73.
  • The company is structured as an umbrella partnership REIT (UPREIT) through Maxus Operating Limited Partnership (MOLP), which holds a 99.999% partnership interest and assumed the Trust’s liabilities.
  • MarketBeat previews top five stocks to own in May.

Maxus Realty Trust (OTCMKTS:MRTI - Get Free Report) announced its quarterly earnings results on Tuesday. The company reported $3.03 earnings per share for the quarter, Zacks reports.

Maxus Realty Trust Stock Performance

Shares of MRTI opened at $77.11 on Wednesday. Maxus Realty Trust has a 12 month low of $54.00 and a 12 month high of $103.99. The stock's 50 day moving average is $80.66 and its two-hundred day moving average is $70.81. The firm has a market cap of $91.76 million, a P/E ratio of 63.73 and a beta of 0.10.

Maxus Realty Trust Company Profile

(Get Free Report)

Maxus Realty Trust, Inc (the Trust), is structured as what is commonly referred to as an umbrella partnership REIT, or UPREIT, structure. To effect the UPREIT restructuring, the Trust formed Maxus Operating Limited Partnership, a Delaware limited partnership ("MOLP"), to which the Trust contributed all of its assets, in exchange for a 99.999% partnership interest in MOLP and the assumption by MOLP of all of the Trust's liabilities.

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