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

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$13.69 +0.12 (+0.88 %)
(As of 12/19/2018 03:13 AM ET)
Previous Close$13.57
Today's Range$13.58 - $13.88
52-Week Range$13.46 - $18.08
Volume579,383 shs
Average Volume448,397 shs
Market Capitalization$1.26 billion
P/E Ratio15.74
Dividend Yield4.94%
Beta0.64
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 112 properties containing a total of approximately 21.5 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

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryIndustrial REITs
SectorFinance
Current SymbolNYSE:MNR
Previous Symbol
CUSIP60972010
Phone732-577-9996

Debt

Debt-to-Equity Ratio1.76
Current Ratio3.43
Quick Ratio3.43

Price-To-Earnings

Trailing P/E Ratio15.74
Forward P/E Ratio14.41
P/E Growth2.07

Sales & Book Value

Annual Sales$139.37 million
Price / Sales9.00
Cash Flow$1.1691 per share
Price / Cash Flow11.71
Book Value$6.27 per share
Price / Book2.18

Profitability

EPS (Most Recent Fiscal Year)$0.87
Net Income$56 million
Net Margins34.09%
Return on Equity9.61%
Return on Assets2.97%

Miscellaneous

Employees15
Outstanding Shares91,590,000
Market Cap$1.26 billion
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. announced a quarterly dividend on Monday, October 1st. Investors of record on Thursday, November 15th will be paid a dividend of $0.17 per share on Monday, December 17th. This represents a $0.68 annualized dividend and a yield of 4.97%. The ex-dividend date of this dividend is Wednesday, November 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 consensus estimate of $0.25 by $0.15. The real estate investment trust had revenue of $36.60 million for the quarter, compared to analysts' expectations of $38.18 million. Monmouth R.E. Inv. had a net margin of 34.09% and a return on equity of 9.61%. 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 Wednesday, February 6th 2019. View Earnings Estimates for Monmouth R.E. Inv..

What price target have analysts set for MNR?

3 brokers have issued twelve-month price objectives for Monmouth R.E. Inv.'s stock. Their predictions range from $17.00 to $19.00. On average, they expect Monmouth R.E. Inv.'s share price to reach $18.00 in the next year. This suggests a possible upside of 31.5% 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. " (12/1/2018)
  • 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 coverage about MNR stock has been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Monmouth R.E. Inv. earned a media sentiment score of 1.3 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future.

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

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 84)
  • Mr. Michael P. Landy, CEO, Pres & Exec. Director (Age 56)
  • Mr. Kevin S. Miller CPA, CFO, Chief Accounting Officer, Treasurer & Exec. Director (Age 48)
  • Ms. Allison Nagelberg, Gen. Counsel (Age 53)
  • 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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.76%), Vanguard Group Inc (8.68%), BlackRock Inc. (9.13%), Wasatch Advisors Inc. (7.91%), Renaissance Technologies LLC (3.62%) and Allianz Asset Management GmbH (1.89%). 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, Matthew I Hirsch, Michael P Landy, Neal Herstik, Steven B Wolgin and Umh Properties, Inc. View Institutional Ownership Trends for Monmouth R.E. Inv..

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

MNR stock was sold by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, Thrivent Financial for Lutherans, Panagora Asset Management Inc., Emerald Advisers Inc. PA, AQR Capital Management LLC, Loeb Partners Corp, Credit Suisse AG and Alliancebernstein L.P.. Company insiders that have sold Monmouth R.E. Inv. company stock in the last year include Eugene W Landy and Steven B Wolgin. View Insider Buying and Selling for Monmouth R.E. Inv..

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

MNR stock was acquired by a variety of institutional investors in the last quarter, including Montag A & Associates Inc., Wasatch Advisors Inc., Nordea Investment Management AB, Vanguard Group Inc, Vanguard Group Inc., BlackRock Inc., GW Henssler & Associates Ltd. and TIAA CREF Investment Management LLC. 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, Matthew I Hirsch, 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 $13.69.

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

Monmouth R.E. Inv. has a market capitalization of $1.26 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:  2.3 out of 5 (star star)
Outperform Votes:  192 (Vote Outperform)
Underperform Votes:  228 (Vote Underperform)
Total Votes:  420
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 12/19/2018 by MarketBeat.com Staff

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