NYSE:MNR - Monmouth R.E. Inv. Corp. Class A Stock Price, Price Target & More

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$15.78 0.00 (0.00 %)
(As of 06/22/2018 04:50 AM ET)
Previous Close$15.78
Today's Range$15.69 - $15.84
52-Week Range$13.87 - $18.45
Volume287,668 shs
Average Volume393,712 shs
Market Capitalization$1.23 billion
P/E Ratio20.76
Dividend Yield4.36%
Beta0.55
Monmouth R.E. Inv. Corp. Class A logoMonmouth Real Estate Investment Corporation, founded in 1968, is one of the oldest public equity REITs in the U.S. The Company specializes 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 110 properties containing a total of approximately 20.3 million rentable square feet, geographically diversified across 30 states. In addition, the Company owns a portfolio of REIT securities.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio1.66
Current Ratio9.23
Quick Ratio9.23

Price-To-Earnings

Trailing P/E Ratio20.76
Forward P/E Ratio17.73
P/E Growth2.5

Sales & Book Value

Annual Sales$97.66 million
Price / Sales12.80
Cash Flow$1.0174 per share
Price / Cash15.51
Book Value$6.43 per share
Price / Book2.45

Profitability

EPS (Most Recent Fiscal Year)$0.76
Net Income$40.27 million
Net Margins33.32%
Return on Equity8.66%
Return on Assets2.77%

Miscellaneous

Employees15
Outstanding Shares79,200,000

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

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

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

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

Monmouth R.E. Inv. Corp. Class A announced a quarterly dividend on Tuesday, April 3rd. Shareholders of record on Tuesday, May 15th will be paid a dividend of $0.17 per share on Friday, June 15th. This represents a $0.68 dividend on an annualized basis and a yield of 4.31%. The ex-dividend date is Monday, May 14th. View Monmouth R.E. Inv. Corp. Class A's Dividend History.

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

Monmouth R.E. Inv. Corp. Class A (NYSE:MNR) posted its quarterly earnings data on Wednesday, November, 29th. The real estate investment trust reported $0.21 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.21. The real estate investment trust earned $30.40 million during the quarter, compared to the consensus estimate of $30.91 million. Monmouth R.E. Inv. Corp. Class A had a net margin of 33.32% and a return on equity of 8.66%. The business's revenue for the quarter was up 19.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.22 earnings per share. View Monmouth R.E. Inv. Corp. Class A's Earnings History.

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

Monmouth R.E. Inv. Corp. Class A is scheduled to release their next quarterly earnings announcement on Wednesday, August, 8th 2018. View Earnings Estimates for Monmouth R.E. Inv. Corp. Class A.

What price target have analysts set for MNR?

4 equities research analysts have issued twelve-month price targets for Monmouth R.E. Inv. Corp. Class A's stock. Their forecasts range from $16.50 to $20.00. On average, they expect Monmouth R.E. Inv. Corp. Class A's share price to reach $17.8750 in the next year. View Analyst Ratings for Monmouth R.E. Inv. Corp. Class A.

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

Here are some recent quotes from research analysts about Monmouth R.E. Inv. Corp. Class A 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. " (5/23/2018)
  • 2. National Securities analysts commented, "Call to Action: With its recent quarter FFO dividend payout ratio of 82.6% the lowest in years, even accounting for its increased dividend, the second such in a decade, MNR is in an excellent position for heightened growth forward. Recent e-commerce retail sales of $115.3bln were up 15.5% Y/Y and accounted for 9.1% of total retail sales, a figure we believe could easily surpass 40% with time. It is driving demand for industrial space across the country like never before, and MNR’s rock solid tenant roster of household names, nearly all of which with exposure to e-commerce, provides a strong catalyst for future share price appreciation. Further, with only 6.6% of its near 100% leased 18,790,021 rentable square feet, which is up 17.4% Y/Y, expiring through 9/30/18, MNR has the most attractive expiration schedule relative to its similarly sized market cap peers. This favorable expiration schedule will shield it from losing valuable tenants as is likely for others with a large amount of leases expiring, especially those with a large number of mixed-use tenants. Attributable to its near volatility free revenue stream, MNR continued to outperform on all metrics in the quarter and FYTD, again posting record single quarter rental revenue of $26.37mln, +19.17% Y/Y, record rent per square foot at $5.93, +3.7% Y/Y and record quarterly NOI of $26.05mln, +19% Y/Y. With a portfolio and tenant roster as enviable as MNR’s we feel its recent outperformance is likely to continue well into the future. As such, we’re maintaining our BUY rating and raising our $18.00 price target to $20.00." (12/6/2017)

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

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

Monmouth R.E. Inv. Corp. Class A'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, Chief Financial & Accounting Officer, Treasurer and Exec. Director (Age 48)
  • Ms. Allison Nagelberg, Gen. Counsel (Age 53)
  • Ms. Susan M. Jordan, VP of Investor Relations

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

Media coverage about MNR stock has been trending positive recently, according to Accern Sentiment. The research firm identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Monmouth R.E. Inv. Corp. Class A earned a media sentiment score of 0.31 on Accern's scale. They also gave media headlines about the real estate investment trust an impact score of 45.44 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

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

Monmouth R.E. Inv. Corp. Class A's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.77%), Wasatch Advisors Inc. (5.51%), Boulegeris Investments Inc. (3.13%), Allianz Asset Management GmbH (2.50%), Allianz Asset Management GmbH (2.50%) and Northern Trust Corp (1.96%). Company insiders that own Monmouth R.E. Inv. Corp. Class A stock include Allison Nagelberg, Catherine B Elflein, Eugene W Landy, 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. Corp. Class A.

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

MNR stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Principal Financial Group Inc., Asset Management One Co. Ltd., Victory Capital Management Inc., Palisade Capital Management LLC NJ, Laurel Wealth Advisors Inc., Wells Fargo & Company MN and JPMorgan Chase & Co.. Company insiders that have sold Monmouth R.E. Inv. Corp. Class A company stock in the last year include Eugene W Landy and Steven B Wolgin. View Insider Buying and Selling for Monmouth R.E. Inv. Corp. Class A.

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

MNR stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Wasatch Advisors Inc., Cornerstone Capital Inc., Thrivent Financial for Lutherans, Ceredex Value Advisors LLC, BlackRock Inc., Northern Trust Corp and Monarch Partners Asset Management LLC. Company insiders that have bought Monmouth R.E. Inv. Corp. Class A stock in the last two years include Allison Nagelberg, Catherine B Elflein, Eugene W Landy, 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. Corp. Class A.

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

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. Corp. Class A's stock price today?

One share of MNR stock can currently be purchased for approximately $15.78.

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

Monmouth R.E. Inv. Corp. Class A has a market capitalization of $1.23 billion and generates $97.66 million in revenue each year. The real estate investment trust earns $40.27 million in net income (profit) each year or $0.76 on an earnings per share basis. Monmouth R.E. Inv. Corp. Class A employs 15 workers across the globe.

How can I contact Monmouth R.E. Inv. Corp. Class A?

Monmouth R.E. Inv. Corp. Class A'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. Corp. Class A (MNR)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  164 (Vote Outperform)
Underperform Votes:  171 (Vote Underperform)
Total Votes:  335
MarketBeat's community ratings are surveys of what our community members think about Monmouth R.E. Inv. Corp. Class A 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 6/22/2018 by MarketBeat.com Staff

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