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.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryIndustrial REITs
SectorFinance
Phone732-577-9996
Debt
Current Ratio3.43
Quick Ratio3.43
Price-To-Earnings
Sales & Book Value
Annual Sales$139.37 million
Price / Sales8.46
Price / Cash Flow10.82
Price / Book2.05
Profitability
Net Income$56 million
Net Margins34.09%
Return on Assets2.97%
Miscellaneous
Employees15
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 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 5.28%. 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 analysts' consensus estimates of $0.25 by $0.15. The real estate investment trust had revenue of $36.60 million for the quarter, compared to analyst estimates of $38.18 million. Monmouth R.E. Inv. had a return on equity of 9.61% and a net margin of 34.09%. View Monmouth R.E. Inv.'s Earnings History.
When is Monmouth R.E. Inv.'s next earnings date?
What price target have analysts set for MNR?
3 Wall Street analysts have issued 12 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 twelve months. This suggests a possible upside of 39.9% 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 trended positive recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Monmouth R.E. Inv. earned a coverage optimism score of 2.3 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock's share price in the near future.
Who are some of Monmouth R.E. Inv.'s key competitors?
Some companies that are related to Monmouth R.E. Inv. include Howard Hughes (HHC), JBG SMITH Properties (JBGS), Highwoods Properties (HIW), Life Storage (LSI), Hospitality Properties Trust (HPT), AmeriCold Realty Trust (COLD), Blackstone Mortgage Trust (BXMT), Ryman Hospitality Properties (RHP), First Industrial Realty Trust (FR), Rayonier (RYN), Equity Commonwealth (EQC), PS Business Parks (PSB), Healthcare Realty Trust (HR), LaSalle Hotel Properties (LHO) and Apple Hospitality REIT (APLE).
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 number of of retail and institutional investors. Top institutional shareholders include Resolution Capital Ltd (0.89%), North Star Investment Management Corp. (0.27%), Pensionfund DSM Netherlands (0.13%), Steward Partners Investment Advisory LLC (0.06%), Pensionfund Sabic (0.06%) and State of Alaska Department of Revenue (0.03%). 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 institutional investors are selling Monmouth R.E. Inv. stock?
MNR stock was sold by a variety of institutional investors in the last quarter, including Steward Partners Investment Advisory LLC. 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 institutional investors are buying Monmouth R.E. Inv. stock?
MNR stock was acquired by a variety of institutional investors in the last quarter, including Resolution Capital Ltd, Addison Capital Co, Pensionfund DSM Netherlands, Pensionfund Sabic, North Star Investment Management Corp. and State of Alaska Department of Revenue. 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 $12.87.
How big of a company is Monmouth R.E. Inv.?
Monmouth R.E. Inv. has a market capitalization of $1.17 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?
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)
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.
