Promising Real Estate Stocks To Watch Now - July 30th

Key Points

• Bank of America, Wells Fargo, and KeyCorp are highlighted as key real estate stocks to monitor, driven by significant trading volumes this week.
• Bank of America currently trades at $48.37 with a market cap of $364.29 billion and has seen a 52-week range between $33.06 and $49.31.
• Wells Fargo's shares reached $82.48, reflecting a market cap of $268.40 billion, and it experienced a twelve-month range between $50.15 and $84.83.

Bank of America, Wells Fargo & Company, and KeyCorp 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 or manage property assets—ranging from residential and commercial buildings to industrial complexes—and include real estate investment trusts (REITs). They give investors indirect exposure to the real estate market’s rental income and capital‐appreciation potential, with performance driven by factors such as interest rates, occupancy levels and broader economic conditions. 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.

Bank of America stock traded up $0.42 during trading hours on Wednesday, hitting $48.37. The company had a trading volume of 13,967,084 shares, compared to its average volume of 42,873,582. The firm has a market cap of $364.29 billion, a PE ratio of 14.12, a PEG ratio of 1.88 and a beta of 1.30. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.80 and a quick ratio of 0.79. Bank of America has a one year low of $33.06 and a one year high of $49.31. The firm has a 50-day moving average of $46.05 and a 200 day moving average of $43.77.

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 NYSE:WFC traded down $0.17 on Wednesday, reaching $82.48. 6,586,343 shares of the company's stock were exchanged, compared to its average volume of 17,560,967. The company has a current ratio of 0.84, a quick ratio of 0.83 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $268.40 billion, a price-to-earnings ratio of 14.10, a PEG ratio of 1.29 and a beta of 1.16. The company has a fifty day moving average of $78.14 and a 200-day moving average of $74.78. Wells Fargo & Company has a twelve month low of $50.15 and a twelve month high of $84.83.

Read Our Latest Research Report on WFC

KeyCorp (KEY)

KeyCorp operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States. It operates in two segments, Consumer Bank and Commercial Bank. The company offers various deposits, investment products and services; commercial leasing, investment management, consumer finance; and personal finance and financial wellness, student loan refinancing, mortgage and home equity, lending, credit card, treasury, business advisory, wealth management, asset management, cash management, portfolio management, and trust and related services to individuals and small and medium-sized businesses.

Shares of NYSE KEY traded down $0.01 during trading hours on Wednesday, hitting $18.39. 25,915,140 shares of the stock were exchanged, compared to its average volume of 15,915,961. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.83 and a current ratio of 0.84. The company has a market cap of $20.15 billion, a PE ratio of -262.11, a price-to-earnings-growth ratio of 0.65 and a beta of 1.11. The company's fifty day simple moving average is $17.08 and its two-hundred day simple moving average is $16.47. KeyCorp has a 1-year low of $12.73 and a 1-year high of $20.04.

Read Our Latest Research Report on KEY

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