Monmouth Real Estate Investment (MNR) Stock Price, News & Analysis

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Monmouth Real Estate Investment in the last twelve months. There are currently 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MNR shares.
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4 brokers have issued 1 year target prices for Monmouth Real Estate Investment's stock. Their MNR share price targets range from $23.00 to $29.00. On average, they expect the company's share price to reach $25.75 in the next twelve months. This suggests a possible upside of 24.4% from the stock's current price.
View analysts price targets for MNR or view top-rated stocks among Wall Street analysts.

Monmouth Real Estate Investment saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 120,300 shares, an increase of 23.6% from the March 31st total of 97,300 shares. Based on an average daily trading volume, of 124,000 shares, the days-to-cover ratio is presently 1.0 days. Approximately 1.0% of the shares of the stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Monday, August 12th 2024.
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Monmouth Real Estate Investment Co. (NYSE:MNR) released its quarterly earnings results on Friday, November, 12th. The real estate investment trust reported ($0.25) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.08 by $0.33.

Monmouth Real Estate Investment announced a quarterly dividend on Monday, May 13th. Shareholders of record on Tuesday, May 28th will be paid a dividend of $0.75 per share on Monday, June 10th. This represents a $3.00 dividend on an annualized basis and a yield of 14.49%. The ex-dividend date is Friday, May 24th.
Read our dividend analysis for MNR.

Monmouth Real Estate Investment (NYSE:MNR) pays an annual dividend of $3.80 per share and currently has a dividend yield of 18.36%. MNR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for MNR.

Based on aggregate information from My MarketBeat watchlists, some companies that other Monmouth Real Estate Investment investors own include AT&T (T), Verizon Communications (VZ), Enterprise Products Partners (EPD), Cisco Systems (CSCO), Enbridge (ENB), Iron Mountain (IRM), AbbVie (ABBV), Medical Properties Trust (MPW), Exxon Mobil (XOM) and Energy Transfer (ET).

Monmouth Real Estate Investment (MNR) raised $190 million in an initial public offering on Wednesday, October 25th 2023. The company issued 10,000,000 shares at a price of $19.00 per share.

Monmouth Real Estate Investment's lock-up period expired on Monday, April 22nd. Monmouth Real Estate Investment had issued 10,000,000 shares in its IPO on October 25th. The total size of the offering was $190,000,000 based on an initial share price of $19.00. Shares of the company owned by major shareholders and company insiders are now eligible to be traded as a result of the expiration of the lock-up period.

Monmouth Real Estate Investment's stock is owned by many different institutional and retail investors. Top institutional investors include Nokomis Capital L.L.C. (0.23%), Sei Investments Co. (0.20%) and BOKF NA (0.12%).
View institutional ownership trends.