What is a Value Stock?
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.
Benzinga Insights has compiled a list of value stocks in the real estate sector that may be worth watching:
- Apartment Income REIT AIRC - P/E: 6.06
- Arbor Realty Trust ABR - P/E: 7.37
- Franklin Street Props FSP - P/E: 3.78
- Forestar Group FOR - P/E: 4.26
- Landsea Homes LSEA - P/E: 2.8
Apartment Income REIT has reported Q3 earnings per share at $0.58, which has decreased by 12.12% compared to Q2, which was 0.66. The company's most recent dividend yield sits at 4.68%, which has increased by 0.5% from 4.18% last quarter.
Arbor Realty Trust has reported Q3 earnings per share at $0.56, which has increased by 7.69% compared to Q2, which was 0.52. Most recently, the company reported a dividend yield of 12.16%, which has increased by 2.66% from last quarter's yield of 9.5%.
Franklin Street Props's earnings per share for Q3 sits at $0.09, whereas in Q2, they were at 0.1. Its most recent dividend yield is at 1.61%, which has increased by 0.66% from 0.95% in the previous quarter.
Forestar Group saw an increase in earnings per share from 0.8 in Q3 to $1.02 now. Landsea Homes saw a decrease in earnings per share from 0.71 in Q2 to $0.69 now.
These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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