What is a Value Stock?
A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued.
The following stocks are considered to be notable value stocks in the real estate sector:
- Hersha Hospitality HT - P/E: 2.0
- Amrep AXR - P/E: 2.49
- Apollo Comml Real Est ARI - P/E: 6.02
- Tricon Residential TCN - P/E: 4.06
- Transcontinental Realty TCI - P/E: 0.67
Hersha Hospitality saw a decrease in earnings per share from 0.34 in Q4 to $0.02 now. This quarter, Amrep experienced an increase in earnings per share, which was $0.68 in Q2 and is now $3.12. Apollo Comml Real Est's earnings per share for Q1 sits at $0.51, whereas in Q4, they were at 0.31. Most recently, the company reported a dividend yield of 13.93%, which has increased by 1.92% from last quarter's yield of 12.01%.
Tricon Residential saw an increase in earnings per share from 0.15 in Q3 to $0.31 now. Its most recent dividend yield is at 2.82%, which has decreased by 0.01% from 2.83% in the previous quarter.
Transcontinental Realty has reported Q4 earnings per share at $6.82, which has decreased by 84.43% compared to Q3, which was 43.79.
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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