Bank of America, Wells Fargo & Company, and BlackRock are the three Real Estate stocks to watch today, according to MarketBeat's stock screener tool. Real estate stocks are shares of publicly traded companies that own, develop, manage or finance property—ranging from residential and commercial buildings to industrial and mixed-use projects. These companies include real estate investment trusts (REITs), homebuilders, commercial developers and property management firms. By buying real estate stocks, investors gain exposure to property-market income and appreciation while retaining the liquidity and dividend potential of equity securities. These companies had the highest dollar trading volume of any Real Estate stocks within the last several days.
Bank of America (BAC)
Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates in four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets.
Shares of BAC traded down $0.36 during mid-day trading on Wednesday, hitting $45.79. 44,144,445 shares of the company were exchanged, compared to its average volume of 40,630,266. Bank of America has a 1-year low of $33.07 and a 1-year high of $49.31. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.78 and a current ratio of 0.79. The company has a 50 day moving average of $45.21 and a 200-day moving average of $43.58. The stock has a market cap of $344.91 billion, a price-to-earnings ratio of 13.62, a price-to-earnings-growth ratio of 1.28 and a beta of 1.30.
Read Our Latest Research Report on BAC
Wells Fargo & Company (WFC)
Wells Fargo & Co. is a diversified and community-based financial services company, which engages in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance products and services. It operates through the following segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management.
Shares of Wells Fargo & Company stock traded up $0.74 during mid-day trading on Wednesday, hitting $79.60. The stock had a trading volume of 20,066,576 shares, compared to its average volume of 17,398,729. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.06. The firm has a market cap of $259.03 billion, a P/E ratio of 14.29, a price-to-earnings-growth ratio of 1.41 and a beta of 1.16. The firm has a 50-day moving average of $76.72 and a two-hundred day moving average of $74.01. Wells Fargo & Company has a 12-month low of $50.15 and a 12-month high of $83.95.
Read Our Latest Research Report on WFC
BlackRock (BLK)
BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks.
Shares of NYSE:BLK traded up $30.95 during mid-day trading on Wednesday, reaching $1,077.11. 844,173 shares of the company were exchanged, compared to its average volume of 698,567. The company has a debt-to-equity ratio of 0.38, a current ratio of 4.34 and a quick ratio of 4.34. The firm has a market cap of $166.88 billion, a price-to-earnings ratio of 26.20, a P/E/G ratio of 2.24 and a beta of 1.41. The firm's 50-day simple moving average is $1,003.13 and its 200 day simple moving average is $971.46. BlackRock has a 1 year low of $773.74 and a 1 year high of $1,112.13.
Read Our Latest Research Report on BLK
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