What Defines 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.
The following stocks are considered to be notable value stocks in the real estate sector:
- Forestar Group FOR - P/E: 9.26
- Hersha Hospitality HT - P/E: 3.17
- Sotherly Hotels SOHO - P/E: 5.83
- Arbor Realty Trust ABR - P/E: 8.83
- Alexander's ALX - P/E: 9.02
This quarter, Forestar Group experienced an increase in earnings per share, which was $0.54 in Q2 and is now $0.93. Hersha Hospitality has reported Q2 earnings per share at $0.38, which has increased by 1800.0% compared to Q1, which was 0.02. Most recently, the company reported a dividend yield of 2.03%, which has decreased by 1.25% from last quarter's yield of 3.28%.
This quarter, Sotherly Hotels experienced an increase in earnings per share, which was $0.24 in Q1 and is now $0.36. The company's most recent dividend yield sits at 8.14%, which has increased by 0.14% from 8.0% last quarter.
Arbor Realty Trust saw a decrease in earnings per share from 0.62 in Q1 to $0.57 now. Most recently, the company reported a dividend yield of 10.65%, which has decreased by 4.75% from last quarter's yield of 15.4%.
This quarter, Alexander's experienced a decrease in earnings per share, which was $3.63 in Q1 and is now $3.55. Most recently, the company reported a dividend yield of 9.71%, which has decreased by 0.23% from last quarter's yield of 9.94%.
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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