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 Ratio19.86
Forward P/E Ratio16.59
P/E Growth2.13
Sales & Book Value
Annual Sales$97.66 million
Price / Sales12.60
Cash Flow$1.0162 per share
Price / Cash14.86
Book Value$6.43 per share
Price / Book2.35
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$1.22 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. declared a quarterly dividend on Monday, October 1st. Stockholders of record on Thursday, November 15th will be given a dividend of $0.17 per share on Monday, December 17th. This represents a $0.68 annualized dividend and a dividend yield of 4.50%. The ex-dividend date 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 quarterly earnings results on Wednesday, August, 1st. The real estate investment trust reported $0.13 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.23 by $0.10. The real estate investment trust had revenue of $36.20 million for 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 12 month price targets for Monmouth R.E. Inv.'s shares. Their forecasts range from $17.00 to $20.00. On average, they expect Monmouth R.E. Inv.'s stock price to reach $18.50 in the next twelve months. This suggests a possible upside of 22.4% 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. " (11/8/2018)
- 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?
Headlines about MNR stock have trended negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Monmouth R.E. Inv. earned a daily sentiment score of -2.0 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely 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?
Some companies that are related to Monmouth R.E. Inv. include Brixmor Property Group (BRX), Howard Hughes (HHC), JBG SMITH Properties (JBGS), Highwoods Properties (HIW), Life Storage (LSI), Hammerson (HMSNF), Hospitality Properties Trust (HPT), Blackstone Mortgage Trust (BXMT), Rayonier (RYN), First Industrial Realty Trust (FR), Ryman Hospitality Properties (RHP), Senior Housing Properties Trust (SNH), Sabra Health Care REIT (SBRA), AmeriCold Realty Trust (COLD) and PS Business Parks (PSB).
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 a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.13%), Wasatch Advisors Inc. (7.91%), Montag A & Associates Inc. (1.28%), Emerald Advisers Inc. PA (1.25%), Emerald Mutual Fund Advisers Trust (1.13%) and Wells Fargo & Company MN (1.13%). 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 Emerald Advisers Inc. PA, Loeb Partners Corp, Alliancebernstein L.P., SG Americas Securities LLC, Bank of Montreal Can, Oppenheimer & Co. Inc., Keybank National Association OH and Wells Fargo & Company MN. 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., BlackRock Inc., GW Henssler & Associates Ltd., Virginia Retirement Systems ET AL, RMR Advisors LLC, JPMorgan Chase & Co. and Russell Investments Group Ltd.. 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 $15.11.
How big of a company is Monmouth R.E. Inv.?
Monmouth R.E. Inv. has a market capitalization of $1.22 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.
