NYSE:MNR - Monmouth R.E. Inv. Stock Price, News, & Analysis

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$13.88 +0.19 (+1.39 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$13.88
Today's Range$13.70 - $13.9261
52-Week Range$11.88 - $17.51
Volume446,060 shs
Average Volume554,297 shs
Market Capitalization$1.29 billion
P/E Ratio15.95
Dividend Yield4.97%
Beta0.83
Monmouth Real Estate Investment Corporation, founded in 1968, is one of the oldest public equity REITs in the world. We specialize in single tenant, net-leased industrial properties, subject to long-term leases, primarily to investment-grade tenants. Monmouth Real Estate is a fully integrated and self-managed real estate company, whose property portfolio consists of 113 properties containing a total of approximately 21.6 million rentable square feet, geographically diversified across 30 states. In addition, we own a portfolio of REIT securities.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryIndustrial REITs
SectorFinance
CUSIP60972010
Phone732-577-9996

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$139.37 million
Cash Flow$1.1914 per share
Book Value$14.98 per share

Profitability

Net Income$56 million

Miscellaneous

Employees15
Market Cap$1.29 billion
Next Earnings Date5/14/2019 (Estimated)
OptionableOptionable

Monmouth R.E. Inv. (NYSE:MNR) Frequently Asked Questions

What is Monmouth R.E. Inv.'s stock symbol?

Monmouth R.E. Inv. trades on the New York Stock Exchange (NYSE) under the ticker symbol "MNR."

How often does Monmouth R.E. Inv. pay dividends? What is the dividend yield for Monmouth R.E. Inv.?

Monmouth R.E. Inv. declared a quarterly dividend on Wednesday, January 16th. Shareholders of record on Friday, February 15th will be paid a dividend of $0.17 per share on Friday, March 15th. This represents a $0.68 annualized dividend and a yield of 4.90%. The ex-dividend date is Thursday, February 14th. View Monmouth R.E. Inv.'s Dividend History.

How were Monmouth R.E. Inv.'s earnings last quarter?

Monmouth R.E. Inv. Corp. (NYSE:MNR) posted its earnings results on Wednesday, November, 28th. The real estate investment trust reported $0.10 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.25 by $0.15. The real estate investment trust earned $36.60 million during the quarter, compared to the consensus estimate of $38.18 million. Monmouth R.E. Inv. had a net margin of 1.33% and a return on equity of 0.27%. View Monmouth R.E. Inv.'s Earnings History.

When is Monmouth R.E. Inv.'s next earnings date?

Monmouth R.E. Inv. is scheduled to release their next quarterly earnings announcement on Tuesday, May 14th 2019. View Earnings Estimates for Monmouth R.E. Inv..

What price target have analysts set for MNR?

3 analysts have issued 1-year price objectives for Monmouth R.E. Inv.'s shares. Their forecasts range from $17.00 to $18.00. On average, they anticipate Monmouth R.E. Inv.'s stock price to reach $17.6667 in the next year. This suggests a possible upside of 27.3% from the stock's current price. View Analyst Price Targets for Monmouth R.E. Inv..

What is the consensus analysts' recommendation for Monmouth R.E. Inv.?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Monmouth R.E. Inv. in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Monmouth R.E. Inv..

What are Wall Street analysts saying about Monmouth R.E. Inv. stock?

Here are some recent quotes from research analysts about Monmouth R.E. Inv. stock:
  • 1. According to Zacks Investment Research, "MONMOUTH REAL ESTATE INVT operates as a qualified hybrid real estate investment trust under the Internal Revenue Code of 1954. " (2/12/2019)
  • 2. Boenning Scattergood analysts commented, "We believe this acquisition activity reinforces our positive opinion about the company’s prospects, and we maintain our Outperform rating. Our $18.50 price target remains unchanged, though we could be slightly more constructive as we believe the shares can trade to a premium to NAV in the range of 3%-5%, in comparison with some of the better-run companies in its peer group. Moreover, we think our NAV estimate fails to fully capture the value of MNR’s land bank, which grew disproportionately with these latest acquisitions." (9/7/2018)

Has Monmouth R.E. Inv. been receiving favorable news coverage?

Media headlines about MNR stock have been trending neutral on Saturday, InfoTrie reports. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Monmouth R.E. Inv. earned a news sentiment score of 0.1 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the stock's share price in the next few days.

Who are some of Monmouth R.E. Inv.'s key competitors?

What other stocks do shareholders of Monmouth R.E. Inv. own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Monmouth R.E. Inv. investors own include Novavax (NVAX), Apollo Global Management (APO), Intelsat (I), Bank of America (BAC), Blackstone Group (BX), Kinder Morgan (KMI), First Data (FDC), Enterprise Products Partners (EPD), Fossil Group (FOSL) and General Electric (GE).

Who are Monmouth R.E. Inv.'s key executives?

Monmouth R.E. Inv.'s management team includes the folowing people:
  • Mr. Eugene W. Landy, Founder & Chairman (Age 85)
  • Mr. Michael P. Landy, CEO, Pres & Exec. Director (Age 57)
  • Mr. Kevin S. Miller CPA, CFO, Chief Accounting Officer, Treasurer & Exec. Director (Age 49)
  • Ms. Allison Nagelberg, Gen. Counsel (Age 54)
  • Ms. Susan M. Jordan, VP of Investor Relations

Who are Monmouth R.E. Inv.'s major shareholders?

Monmouth R.E. Inv.'s stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.10%), Northern Trust Corp (1.93%), Thrivent Financial for Lutherans (1.30%), Dimensional Fund Advisors LP (1.24%), Emerald Advisers LLC (1.13%) and Montag A & Associates Inc. (1.13%). Company insiders that own Monmouth R.E. Inv. stock include Allison Nagelberg, Brian Haimm, Catherine B Elflein, Eugene W Landy, Gregory Thomas Otto, Kevin S Miller, Michael P Landy, Neal Herstik, Steven B Wolgin and Umh Properties, Inc. View Institutional Ownership Trends for Monmouth R.E. Inv..

Which institutional investors are selling Monmouth R.E. Inv. stock?

MNR stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Bank of America Corp DE, Bank of Montreal Can, Amundi Pioneer Asset Management Inc., Loeb Partners Corp, Montag A & Associates Inc., Dupont Capital Management Corp and Intrust Bank NA. View Insider Buying and Selling for Monmouth R.E. Inv..

Which institutional investors are buying Monmouth R.E. Inv. stock?

MNR stock was bought by a variety of institutional investors in the last quarter, including Granite Investment Partners LLC, CI Investments Inc., BlackRock Inc., Resolution Capital Ltd, Two Sigma Investments LP, Thrivent Financial for Lutherans, Monarch Partners Asset Management LLC and Two Sigma Advisers LP. Company insiders that have bought Monmouth R.E. Inv. stock in the last two years include Allison Nagelberg, Brian Haimm, Catherine B Elflein, Eugene W Landy, Gregory Thomas Otto, Kevin S Miller, Michael P Landy, Neal Herstik, Steven B Wolgin and Umh Properties, Inc. View Insider Buying and Selling for Monmouth R.E. Inv..

How do I buy shares of Monmouth R.E. Inv.?

Shares of MNR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Monmouth R.E. Inv.'s stock price today?

One share of MNR stock can currently be purchased for approximately $13.88.

How big of a company is Monmouth R.E. Inv.?

Monmouth R.E. Inv. has a market capitalization of $1.29 billion and generates $139.37 million in revenue each year. The real estate investment trust earns $56 million in net income (profit) each year or $0.87 on an earnings per share basis. Monmouth R.E. Inv. employs 15 workers across the globe.

What is Monmouth R.E. Inv.'s official website?

The official website for Monmouth R.E. Inv. is http://www.mreic.reit.

How can I contact Monmouth R.E. Inv.?

Monmouth R.E. Inv.'s mailing address is 3499 ROUTE 9 N SUITE 3-D JUNIPER BUSINESS PLAZA, FREEHOLD NJ, 07728. The real estate investment trust can be reached via phone at 732-577-9996 or via email at [email protected]


MarketBeat Community Rating for Monmouth R.E. Inv. (NYSE MNR)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  195 (Vote Outperform)
Underperform Votes:  244 (Vote Underperform)
Total Votes:  439
MarketBeat's community ratings are surveys of what our community members think about Monmouth R.E. Inv. and other stocks. Vote "Outperform" if you believe MNR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MNR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/23/2019 by MarketBeat.com Staff

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