Monmouth Real Estate Investment Corporation, founded in 1968, is one of the oldest public equity REITs in the world. 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 109 properties containing a total of approximately 20.5 million rentable square feet, geographically diversified across 30 states. In addition, the Company owns a portfolio of REIT securities.
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 Ratio1.59
Current Ratio5.61
Quick Ratio5.61
Price-To-Earnings
Trailing P/E Ratio20.37
Forward P/E Ratio17.01
P/E Growth2.21
Sales & Book Value
Annual Sales$97.66 million
Price / Sales12.92
Cash Flow$1.0052 per share
Price / Cash15.40
Book Value$6.43 per share
Price / Book2.41
Profitability
EPS (Most Recent Fiscal Year)$0.76
Net Income$40.27 million
Net Margins35.32%
Return on Equity9.44%
Return on Assets2.98%
Miscellaneous
Employees15
Outstanding Shares81,500,000
Market Cap$1.26 billion
OptionableN/A
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. Shareholders 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 4.39%. 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) issued its earnings results on Wednesday, August, 1st. The real estate investment trust reported $0.13 EPS for the quarter, missing the consensus estimate of $0.23 by $0.10. The real estate investment trust earned $36.20 million during the quarter, compared to analysts' expectations of $35.28 million. Monmouth R.E. Inv. had a return on equity of 9.44% and a net margin of 35.32%. 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?
4 brokerages have issued 1-year price objectives for Monmouth R.E. Inv.'s stock. Their predictions range from $17.00 to $20.00. On average, they expect Monmouth R.E. Inv.'s share price to reach $18.50 in the next year. This suggests a possible upside of 19.5% 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.?
4 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 3 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. " (10/9/2018)
- 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)
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), Brixmor Property Group (BRX), Highwoods Properties (HIW), JBG SMITH Properties (JBGS), Gramercy Property Trust (GPT), Hammerson (HMSNF), Hospitality Properties Trust (HPT), Life Storage (LSI), Senior Housing Properties Trust (SNH), Rayonier (RYN), Ryman Hospitality Properties (RHP), Sabra Health Care REIT (SBRA), Blackstone Mortgage Trust (BXMT), First Industrial Realty Trust (FR) 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 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
Who are Monmouth R.E. Inv.'s major shareholders?
Monmouth R.E. Inv.'s stock is owned by many different of institutional and retail investors. Top institutional investors include RMR Advisors LLC (0.20%), Strs Ohio (0.16%), GW Henssler & Associates Ltd. (0.15%), Steward Partners Investment Advisory LLC (0.08%), Bank of Montreal Can (0.05%) 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 major investors are selling Monmouth R.E. Inv. stock?
MNR stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, State of Alaska Department of Revenue and Strs Ohio. 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 GW Henssler & Associates Ltd., RMR Advisors LLC, Fiduciary Group LLC, Steward Partners Investment Advisory LLC and Xact Kapitalforvaltning AB. 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 $15.48.
How big of a company is Monmouth R.E. Inv.?
Monmouth R.E. Inv. has a market capitalization of $1.26 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. 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.
