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

Sign in or create an account to add this stock to your watchlist.
$14.09 +0.02 (+0.14 %)
(As of 05/22/2019 12:32 PM ET)
Previous Close$14.07
Today's Range$14.00 - $14.12
52-Week Range$11.88 - $17.51
Volume2,318 shs
Average Volume503,756 shs
Market Capitalization$1.33 billion
P/E Ratio16.16
Dividend Yield4.96%
Beta0.79
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 21.8 million rentable square feet, geographically diversified across 30 states. In addition, we own a portfolio of REIT securities.

Receive MNR News and Ratings via Email

Sign-up to receive the latest news and ratings for MNR and its competitors with MarketBeat's FREE daily newsletter.

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$1.1870 per share
Book Value$6.84 per share

Profitability

Net Income$56 million

Miscellaneous

Employees14
Market Cap$1.33 billion
Next Earnings Date8/7/2019 (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. announced a quarterly dividend on Wednesday, April 3rd. Investors of record on Wednesday, May 15th will be paid a dividend of $0.17 per share on Monday, June 17th. This represents a $0.68 dividend on an annualized basis and a yield of 4.82%. The ex-dividend date is Tuesday, May 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) released its quarterly earnings results on Thursday, May, 9th. The real estate investment trust reported $0.26 EPS for the quarter, topping the consensus estimate of $0.23 by $0.03. The real estate investment trust earned $39.31 million during the quarter, compared to analyst estimates of $40.31 million. Monmouth R.E. Inv. had a net margin of 15.10% and a return on equity of 2.99%. 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, August 7th 2019. View Earnings Estimates for Monmouth R.E. Inv..

What price target have analysts set for MNR?

4 analysts have issued 12-month target prices for Monmouth R.E. Inv.'s stock. Their forecasts range from $14.00 to $17.50. On average, they expect Monmouth R.E. Inv.'s stock price to reach $15.6250 in the next twelve months. This suggests a possible upside of 10.7% 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 2 hold ratings 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. " (5/15/2019)
  • 2. Boenning Scattergood analysts commented, "We think that one of the key reasons that MNR is able to engage in these sale/leasebacks in the face of stiff market competition is that they facilitate expansions over time by purchasing surrounding land. Going-in cap rates between 6.0% and 6.3% have no escalators because the tenant pays property tax, but the run rate returns can be increased through building expansions, even before the term of the initial lease expires." (5/10/2019)

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

Media headlines about MNR stock have trended neutral recently, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Monmouth R.E. Inv. earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave news headlines about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near term.

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 Apollo Global Management (APO), Novavax (NVAX), Bank of America (BAC), Enterprise Products Partners (EPD), Intelsat (I), Blackstone Group (BX), Kinder Morgan (KMI), Tanger Factory Outlet Centers (SKT), Kimco Realty (KIM) and AT&T (T).

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 institutional and retail investors. Top institutional investors include BlackRock Inc. (9.27%), Wasatch Advisors Inc. (8.42%), Renaissance Technologies LLC (2.71%), Ronna Sue Cohen (2.12%), Northern Trust Corp (1.94%) and FMR LLC (1.41%). 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 major investors are selling Monmouth R.E. Inv. stock?

MNR stock was sold by a variety of institutional investors in the last quarter, including Monarch Partners Asset Management LLC, Renaissance Technologies LLC, Virginia Retirement Systems ET AL, Montag A & Associates Inc., JRM Investment Counsel LLC, M&T Bank Corp, Envestnet Asset Management Inc. and Nordea Investment Management AB. 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 Ronna Sue Cohen, FMR LLC, Kennedy Capital Management Inc., BlackRock Inc., State of Wisconsin Investment Board, Goldman Sachs Group Inc., Morgan Stanley and Granite Investment Partners 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, Michael P Landy, Neal Herstik 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 $14.12.

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

Monmouth R.E. Inv. has a market capitalization of $1.33 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 14 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:  203 (Vote Outperform)
Underperform Votes:  269 (Vote Underperform)
Total Votes:  472
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 5/22/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel