Latest news for RDARS (OTC:RDRSF) Stock

RDARS Inc is an early-stage autonomous robotics and drone technology company in the process of developing various autonomous technologies, including, a drone that augments security systems for residential, commercial, and industrial applications. The company offers proprietary autonomous robotic platforms, including, a drone aircraft, drone station, and unmanned autonomous ground vehicle solutions that enable real-time alarm response, verification, intervention, reporting, and evidence recording.

RDARS Inc

<p>Financial giants have made a conspicuous bearish move on Exxon Mobil. Our analysis of options history for Exxon Mobil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) revealed 10 unusual trades.</p>
<p>Delving into the details, we found 0% of traders were bullish, while 90% showed bearish tendencies. Out of all the trades we spotted, 7 were puts, with a value of $512,752, and 3 were calls, valued at $119,195.</p>
<h3>What's The Price Target?</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $100.0 to $120.0 for Exxon Mobil during the past quarter. </p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Exxon Mobil's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Exxon Mobil's whale trades within a strike price range from $100.0 to $120.0 in the last 30 days. </p>
<h3>Exxon Mobil Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721657795_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>XOM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/26/24</td>
<td>$5.0</td>
<td>$4.8</td>
<td>$5.0</td>
<td>$120.00</td>
<td>$124.5K</td>
<td>560</td>
<td style="text-align: right;">109</td>
</tr>
<tr>
<td>XOM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$3.85</td>
<td>$3.8</td>
<td>$3.84</td>
<td>$115.00</td>
<td>$115.4K</td>
<td>9.8K</td>
<td style="text-align: right;">704</td>
</tr>
<tr>
<td>XOM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$3.8</td>
<td>$3.8</td>
<td>$3.8</td>
<td>$115.00</td>
<td>$114.0K</td>
<td>9.8K</td>
<td style="text-align: right;">304</td>
</tr>
<tr>
<td>XOM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/26/24</td>
<td>$4.9</td>
<td>$4.75</td>
<td>$4.9</td>
<td>$120.00</td>
<td>$49.0K</td>
<td>560</td>
<td style="text-align: right;">9</td>
</tr>
<tr>
<td>XOM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$15.55</td>
<td>$15.3</td>
<td>$15.3</td>
<td>$100.00</td>
<td>$47.4K</td>
<td>2.3K</td>
<td style="text-align: right;">10</td>
</tr>
</tbody>
</table>
</p>
<h3>About Exxon Mobil</h3>
<p>ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2023, it produced 2.4 million barrels of liquids and 7.7 billion cubic feet of natural gas per day. At the end of 2023, reserves were 16.9 billion barrels of oil equivalent, 66% of which were liquids. The company is one the world's largest refiners with a total global refining capacity of 4.5 million barrels of oil per day and is one of the world's largest manufacturers of commodity and specialty chemicals.</p>
<p>Having examined the options trading patterns of Exxon Mobil, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance</p>
<h3>Where Is Exxon Mobil Standing Right Now?</h3>
<ul>
<li>With a trading volume of 1,546,638, the price of XOM is down by -1.21%, reaching $114.67.</li>
<li>Current RSI values indicate that the stock is is currently neutral between overbought and oversold.</li>
<li>Next earnings report is scheduled for 11 days from now.</li>
</ul>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Exxon Mobil options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Options

Markets

Spotlight on Exxon Mobil: Analyzing the Surge in Options Activity

<p>Whales with a lot of money to spend have taken a noticeably bullish stance on <strong>Apple</strong>.</p>
<p>Looking at options history for Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) we detected 27 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 48% of the investors opened trades with bullish expectations and 33% with bearish.</p>
<p>From the overall spotted trades, 3 are puts, for a total amount of $84,061 and 24, calls, for a total amount of $1,897,054.</p>
<h3>Projected Price Targets</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $150.0 and $230.0 for Apple, spanning the last three months.</p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.</p>
<p>This data can help you track the liquidity and interest for Apple's options for a given strike price.</p>
<p>Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Apple's whale activity within a strike price range from $150.0 to $230.0 in the last 30 days. </p>
<h3>Apple Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721657790_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>08/16/24</td>
<td>$5.25</td>
<td>$5.15</td>
<td>$5.2</td>
<td>$230.00</td>
<td>$260.0K</td>
<td>48.6K</td>
<td>839</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>08/16/24</td>
<td>$5.5</td>
<td>$5.4</td>
<td>$5.45</td>
<td>$230.00</td>
<td>$246.8K</td>
<td>48.6K</td>
<td>2.3K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$72.6</td>
<td>$71.9</td>
<td>$72.19</td>
<td>$160.00</td>
<td>$223.7K</td>
<td>10.5K</td>
<td>78</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/26/24</td>
<td>$6.4</td>
<td>$6.05</td>
<td>$6.05</td>
<td>$222.50</td>
<td>$176.0K</td>
<td>4.6K</td>
<td>0</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/19/25</td>
<td>$49.9</td>
<td>$49.8</td>
<td>$49.9</td>
<td>$200.00</td>
<td>$109.7K</td>
<td>6.6K</td>
<td>11</td>
</tr>
</tbody>
</table>
</p>
<h3>About Apple</h3>
<p>Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone makes up a majority of the firm sales, and Apple's other products like Mac, iPad, and Watch are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, like streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors while working with subcontractors like Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with a majority of sales coming indirectly through partnerships and distribution.</p>
<p>Having examined the options trading patterns of Apple, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance</p>
<h3>Apple's Current Market Status</h3>
<ul>
<li>With a trading volume of 6,667,669, the price of AAPL is up by 1.01%, reaching $226.57.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 10 days from now.</li>
</ul>
<h3>Professional Analyst Ratings for Apple</h3>
<p>In the last month, 5 experts released ratings on this stock with an average target price of $257.8.</p>
<ul>
<li>Reflecting concerns, an analyst from Wedbush lowers its rating to Outperform with a new price target of $275.</li>
<li>An analyst from Rosenblatt has elevated its stance to Buy, setting a new price target at $260. </li>
<li>An analyst from Piper Sandler persists with their Neutral rating on Apple, maintaining a target price of $225. </li>
<li>Maintaining their stance, an analyst from B of A Securities continues to hold a Buy rating for Apple, targeting a price of $256. </li>
<li>An analyst from Morgan Stanley has decided to maintain their Overweight rating on Apple, which currently sits at a price target of $273. </li>
</ul>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Apple with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


AAPL

Check Out What Whales Are Doing With AAPL

<p>Whales with a lot of money to spend have taken a noticeably bullish stance on <strong>Intuitive Surgical</strong>.</p>
<p>Looking at options history for Intuitive Surgical (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISRG#NASDAQ">ISRG</a>) we detected 8 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 62% of the investors opened trades with bullish expectations and 25% with bearish.</p>
<p>From the overall spotted trades, 4 are puts, for a total amount of $115,235 and 4, calls, for a total amount of $168,148.</p>
<h3>Projected Price Targets</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $420.0 to $500.0 for Intuitive Surgical over the last 3 months. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>In terms of liquidity and interest, the mean open interest for Intuitive Surgical options trades today is 745.2 with a total volume of 1,653.00.</p>
<p>In the following chart, we are able to follow the development of volume and open interest of call and put options for Intuitive Surgical's big money trades within a strike price range of $420.0 to $500.0 over the last 30 days.</p>
<h3>Intuitive Surgical 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721657785_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>ISRG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$3.1</td>
<td>$2.85</td>
<td>$3.1</td>
<td>$500.00</td>
<td>$60.3K</td>
<td>3.1K</td>
<td style="text-align: right;">325</td>
</tr>
<tr>
<td>ISRG</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$39.2</td>
<td>$37.0</td>
<td>$37.0</td>
<td>$450.00</td>
<td>$37.0K</td>
<td>125</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>ISRG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>08/16/24</td>
<td>$48.5</td>
<td>$42.6</td>
<td>$45.34</td>
<td>$420.00</td>
<td>$36.2K</td>
<td>333</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>ISRG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$23.0</td>
<td>$23.0</td>
<td>$23.0</td>
<td>$475.00</td>
<td>$34.5K</td>
<td>92</td>
<td style="text-align: right;">2</td>
</tr>
<tr>
<td>ISRG</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$15.1</td>
<td>$13.5</td>
<td>$13.5</td>
<td>$460.00</td>
<td>$33.7K</td>
<td>10</td>
<td style="text-align: right;">65</td>
</tr>
</tbody>
</table>
</p>
<h3>About Intuitive Surgical</h3>
<p>Intuitive Surgical develops, produces, and markets a robotic system for assisting minimally invasive surgery. It also provides the instrumentation, disposable accessories, and warranty services for the system. The company has placed more than 8,600 da Vinci systems in hospitals worldwide, with more than 5,000 installations in the US and a growing number in emerging markets.</p>
<p>Having examined the options trading patterns of Intuitive Surgical, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance</p>
<h3>Where Is Intuitive Surgical Standing Right Now?</h3>
<ul>
<li>With a trading volume of 372,946, the price of ISRG is up by 2.56%, reaching $466.65.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 87 days from now.</li>
</ul>
<h3>What The Experts Say On Intuitive Surgical</h3>
<p>In the last month, 5 experts released ratings on this stock with an average target price of $470.8.</p>
<ul>
<li>An analyst from Piper Sandler persists with their Overweight rating on Intuitive Surgical, maintaining a target price of $495. </li>
<li>An analyst from Piper Sandler has decided to maintain their Overweight rating on Intuitive Surgical, which currently sits at a price target of $490. </li>
<li>An analyst from BTIG persists with their Buy rating on Intuitive Surgical, maintaining a target price of $469. </li>
<li>Consistent in their evaluation, an analyst from Evercore ISI Group keeps a In-Line rating on Intuitive Surgical with a target price of $425. </li>
<li>Maintaining their stance, an analyst from Stifel continues to hold a Buy rating for Intuitive Surgical, targeting a price of $475. </li>
</ul>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Intuitive Surgical options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


ISRG

Intuitive Surgical Unusual Options Activity For July 22

<p>‘Dogecoin Killer' <strong>Shiba Inu</strong> (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) has treaded water over the past week despite a <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39880421/bitcoin-dominates-ethereum-rebounds-heres-how-much-crypto-funds-raked-in-last-week">wider market rally</a>, raising curiosity if the meme coin remains bullish or bearish.</p>
<p><strong>What Happened:</strong> Shibburn data shows the burn rate spiking 545.3% in the past 24 hours, with a total of 10.3 million SHIB coins burned. Over the past 19 hours, four transactions burned above 1.4 million coins.</p>
<p>The Shiba Inu community officially petitioned Binance to burn SHIB, requesting the Shib Army to show support by signing the petition. The petition, initiated by Labib, a ShibArmy member, targets 50,000 signatures with 111 signatures received until July 19.</p>
<p>It <a href="https://www.change.org/p/persuade-binance-to-implement-a-daily-1-burn-of-shiba-inu-token-transactions?recruiter=1343953457&amp;recruited_by_id=b9d8ee30-4432-11ef-986d-6fd3973e2a66&amp;utm_source=share_petition&amp;utm_campaign=petition_dashboard_share_modal&amp;utm_medium=copylink">asks</a> Binance to implement a daily burn mechanism of 1% for all Shiba Inu token transactions. This step is taken in the interest of pushing the meme coin's price higher for long-term sustainability.</p>
<p><strong>Price Action:</strong> In the past 24 hours, SHIB is down 0.4%, bringing its seven-day losses to 1.7%></p>
<p><figure class="wp-block-image size-full"><a href="https://www.benzinga.com/events/digital-assets/"><img loading="lazy" decoding="async" width="300" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/29155259/905735A6-57D3-4874-9AA1-75D037842DB3-2.gif" alt="Benzinga Future of Digital Assets conference" class="wp-image-270548" /></a></figure></p>
<p><strong>Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39835766/dogecoin-killer-shiba-inu-burn-rate-up-875-but-price-down-10-what-is-going-on">&#8216;Dogecoin Killer&#8217; Shiba Inu Burn Rate Up 875% But Price Down 10%: What Is Going On?</a></strong></p>
<p><strong>Why It Matters:</strong> Shibariumscan data shows daily transactions up to 6,350 as of July 21 from 3,330 as of July 20. New accounts almost doubled from 11 to 21 during the same period.</p>
<p>Whale Alert data shows 2.7 trillion SHIB, worth $48.3 million, <a href="https://x.com/whale_alert/status/1814438934341931394?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1814438934341931394%7Ctwgr%5Eaa390cfeeb44a2c91f023daf59f6e69c453062ee%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fbitcoinist.com%2Fdogecoin-and-shiba-inu-whales-withdraw-millions-from-robinhood-whats-going-on%2F">transferred</a> from Robinhood to an unknown wallet on the weekend. The wallet address is one of the largest SHIB holders, currently owning 36.6 trillion SHIB tokens, worth $654 million. With one whale address holding a significant amount of SHIB, any coin movements could significantly affect the price of SHIB.</p>
<p>Benzinga's technical analysis data shows Shiba Inu's RSI at 66.7 on July 21. The 200-day Simple Moving Average (SMA) on the SHIB chart is higher than the 100-day SMA, suggesting a bearish long-term trend. It also implies that recent price action has been less bullish than medium-term price action.</p>
<p><strong>What&#8217;s Next</strong>: The influence of meme coins is expected to be thoroughly explored at Benzinga&#8217;s upcoming <a href="https://www.benzinga.com/events/digital-assets/agenda/" target="_blank" rel="noreferrer noopener">Future of Digital Assets</a> event on Nov. 19.</p>
<p><strong>Read Next:</strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39791586/dogecoin-shiba-inu-pepe-will-still-have-supercycle-but-2021-may-never-happen-again-muses-t">Dogecoin, Shiba Inu, Pepe Will Still Have Supercycle But &#8216;2021 May Never Happen Again,&#8217; Muses Trader</a></strong></li>
</ul>
<p><em>Image: Shutterstock</em></p>



Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

News

$SHIB

Is 'Dogecoin Killer' Shiba Inu On A Bearish Path? Whale Transactions, Burn Rate Suggest Otherwise

<p>RBC Capital  analyst Gerard Cassidy   maintains Fifth Third Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FITB#NASDAQ">FITB</a>) with a Outperform and raises the price target from $38 to $43.</p>


Price Target

Analyst Ratings

FITB

RBC Capital Maintains Outperform on Fifth Third Bancorp, Raises Price Target to $43

<p>Investors are often cash buyers with deeper pockets and more leverage to close a deal fast, making it difficult for the average homebuyer to get in on a deal. In hot markets, where property prices are low, but rent prices are high, investor buying has reached a new high.</p>
<p><br />Is there a risk for would-be first-time homebuyers? Of course. No one wants to compete with an all-cash, full-time offer that many investors, especially large investment firms, can make.&nbsp;</p>
<p><strong>Don't Miss:</strong></p>
<ul>
<li><strong>Rory McIlroy&#8217;s mansion in Florida is worth $22 million today, doubling from 2017 —<a href="https://benzinga.com/money/rory-mcilroys-florida-mansion-doubled-in-value"><strong> </strong><strong>here&#8217;s how to get started investing in real estate with just $100</strong></a></strong></li>
<li><strong>Commercial real estate has historically outperformed the stock market, and<a href="https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate"><strong> </strong><strong>this platform allows individuals to invest in commercial real estate with as little as $5,000 offering a 12% target yield.</strong></a></strong></li>
</ul>
<p>According to a report compiled by Realtor.com based on deed records nationwide, small investors outpaced large investment firms in the 150 largest U.S. metros for single-family homes, condos, townhomes, and row houses from January 2000 to March 2024.&nbsp;</p>
<p>There&#8217;s a good chance you&#8217;re friends with a small investor who has bought fewer than 10 properties since 2001. From January to March 2024, small investors made up 62.6% of investor purchases, up 6.4% from the same period in 2023. Is that any better for a community? While the local connection could be a plus, investors aren&#8217;t necessarily buying close to home.&nbsp;</p>
<p>Instead, they&#8217;re buying mostly in the same Midwest and Southern metropolitan areas that are affordable for first-time homebuyers. While adding to the rental property pool, they&#8217;re depleting access to affordable homeownership, putting Millennials even further from possible homeownership in many cases.&nbsp;</p>
<p><strong>Trending:</strong> <strong>Will the surge continue or decline on real estate prices?<a href="https://www.benzinga.com/money/realbricks"><strong> </strong><strong>People are finding out about risk-free real estate investing that lets you cash out whenever you want.</strong></a></strong></p>
<p>Investors are still buying faster than they&#8217;re selling, with roughly 8,000 new properties purchased in March 2024 alone.&nbsp;</p>
<p>Don&#8217;t believe us? Investors could purchase a three-bedroom, two-bathroom home in the top five cities for under $200,000. One is for sale in Springfield, MO, for $189,900. Choosing a four-bedroom, two-bathroom home in Memphis, TN, for just $144,900 makes spending many times that seem crazy.&nbsp;</p>
<p>The top five cities for investors in the first quarter of 2024 were Savannah, GA (up 8.3%), Youngstown-Warren-Boardman, OH-PA (up 7.9%), Peoria, IL (up 7.2%), Springfield, MA (up 6.4%), and Montgomery, AL (up 6.3%). While these areas have seen significant price growth since 2019, they still fall below the national median, increasing investor appeal.</p>
<p>Here&#8217;s a summary of the top five markets by investor share:</p>
<p><figure class="wp-block-table"><br />
<table>
<tbody>
<tr>
<td><strong>Metropolitan area</strong></td>
<td><strong>Median home price</strong></td>
<td><strong>Investor share of the market</strong></td>
</tr>
<tr>
<td>Springfield, MO</td>
<td>$247,028</td>
<td>20.5%</td>
</tr>
<tr>
<td>Kansas City, MO</td>
<td>$287,115</td>
<td>20.1%</td>
</tr>
<tr>
<td>St. Louis, MO</td>
<td>$203,667</td>
<td>18.9%</td>
</tr>
<tr>
<td>Birmingham, AL</td>
<td>$225,833</td>
<td>18.7%</td>
</tr>
<tr>
<td>Memphis, TM</td>
<td>$223,135</td>
<td>18.2%</td>
</tr>
</tbody>
</table>
<p></p></figure></p>
<p>The only good news for would-be new homebuyers or first-time investors? Most small investors leverage debt to make purchases, and you could, too. You&#8217;re not competing against all-cash buyers. But with these markets growing, you&#8217;ll want to get in fast. Find the <a href="https://www.benzinga.com/money/best-mortgage-lenders-for-first-time-buyers">best mortgage lenders for first-time homebuyers</a> to guide you through the process, or even find <a href="https://www.benzinga.com/money/best-interest-only-mortgage-lenders">interest-only lenders</a> while you get your home or rental ready!&nbsp;</p>
<p><strong>Read Next:</strong></p>
<ul>
<li><strong>This Jeff Bezos-backed startup will allow you to<a href="https://www.benzinga.com/money/bezos-landlord-100-dollars"><strong> </strong><strong>become a landlord in just 10 minutes, and you only need $100</strong></a>.</strong></li>
<li><strong>Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die."<a href="https://www.benzinga.com/money/warren-buffet-make-money-when-you-sleep"><strong> </strong><strong>Here&#8217;s how you can earn passive income with just $100.</strong></a></strong></li>
</ul>


Real Estate

Investors Snatch Record 14.8% Of Homes – What Does It Mean For Regular Homebuyers Being Pushed Out Of The Market In These Top Cities?

<p>JP Morgan  analyst Matthew Boss   maintains Boot Barn Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BOOT#NYSE">BOOT</a>) with a Overweight and raises the price target from $125 to $146.</p>


BOOT

JP Morgan Maintains Overweight on Boot Barn Holdings, Raises Price Target to $146

<p>RBC Capital  analyst Christopher Dendrinos   reiterates GE Vernova (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>) with a Outperform and maintains $180 price target.</p>


Reiteration

RBC Capital Reiterates Outperform on GE Vernova, Maintains $180 Price Target

<p>JP Morgan  analyst Matthew Boss   maintains Burlington Stores (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BURL#NYSE">BURL</a>) with a Overweight and raises the price target from $284 to $288.</p>


BURL

JP Morgan Maintains Overweight on Burlington Stores, Raises Price Target to $288

<p>RBC Capital  analyst Keith Mackey   maintains Halliburton (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAL#NYSE">HAL</a>) with a Outperform and lowers the price target from $45 to $44.</p>


RBC Capital Maintains Outperform on Halliburton, Lowers Price Target to $44

<p>BWS Financial  analyst Hamed Khorsand   initiates coverage on Symbotic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SYM#NASDAQ">SYM</a>) with a Sell rating and announces Price Target of $10.</p>


Initiation

BWS Financial Initiates Coverage On Symbotic with Sell Rating, Announces Price Target of $10

<p>RBC Capital  analyst Jon Arfstrom   maintains Huntington Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HBAN#NASDAQ">HBAN</a>) with a Outperform and raises the price target from $16 to $17.</p>


HBAN

RBC Capital Maintains Outperform on Huntington Bancshares, Raises Price Target to $17

<p>BMO Capital  analyst James Thalacker   maintains WEC Energy Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEC#NYSE">WEC</a>) with a Market Perform and lowers the price target from $90 to $87.</p>


BMO Capital Maintains Market Perform on WEC Energy Group, Lowers Price Target to $87

Legal

American Electric Power Says On July 10 Court Preliminarily Approved Co's Settlement With Four Shareholders; Settlement Includes Implementation Of Certain Corporate Governance Changes

Contracts

Embraer-Empresa Brasileira De Aeronautica

Embraer Signs Contract With Austria, The Netherlands For Firm Order For Nine C-390 Millennium Aircraft; Embraer Says Contract Includes Five Aircraft To The Netherlands, Four To Austria; Deliveries Expected To Start In 2027 And Conclude By 2030; Defense Head Says Expects To Produce 12 C-390 Aircraft Per Year By 2030, Up From Four This Year; Supply Chain A Challenge

<p>Whales with a lot of money to spend have taken a noticeably bullish stance on <strong>Robinhood Markets</strong>.</p>
<p>Looking at options history for Robinhood Markets (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) we detected 11 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 45% of the investors opened trades with bullish expectations and 36% with bearish.</p>
<p>From the overall spotted trades, 3 are puts, for a total amount of $105,500 and 8, calls, for a total amount of $248,418.</p>
<h3>Expected Price Movements</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $12.0 to $25.5 for Robinhood Markets over the last 3 months. </p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>In terms of liquidity and interest, the mean open interest for Robinhood Markets options trades today is 14958.1 with a total volume of 2,230.00.</p>
<p>In the following chart, we are able to follow the development of volume and open interest of call and put options for Robinhood Markets's big money trades within a strike price range of $12.0 to $25.5 over the last 30 days.</p>
<h3>Robinhood Markets Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721656900_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>HOOD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/26/24</td>
<td>$0.46</td>
<td>$0.21</td>
<td>$0.21</td>
<td>$21.50</td>
<td>$42.2K</td>
<td>704</td>
<td>0</td>
</tr>
<tr>
<td>HOOD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/26/24</td>
<td>$0.29</td>
<td>$0.27</td>
<td>$0.29</td>
<td>$25.50</td>
<td>$36.8K</td>
<td>1.8K</td>
<td>1.2K</td>
</tr>
<tr>
<td>HOOD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>07/26/24</td>
<td>$0.29</td>
<td>$0.28</td>
<td>$0.29</td>
<td>$25.50</td>
<td>$34.0K</td>
<td>1.8K</td>
<td>56</td>
</tr>
<tr>
<td>HOOD</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$1.12</td>
<td>$1.1</td>
<td>$1.11</td>
<td>$20.00</td>
<td>$33.3K</td>
<td>4.1K</td>
<td>202</td>
</tr>
<tr>
<td>HOOD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$9.4</td>
<td>$9.25</td>
<td>$9.4</td>
<td>$20.00</td>
<td>$32.7K</td>
<td>30.4K</td>
<td>60</td>
</tr>
</tbody>
</table>
</p>
<h3>About Robinhood Markets</h3>
<p>Robinhood Markets Inc is creating a modern financial services platform. It designs its own products and services and delivers them through a single, app-based cloud platform supported by proprietary technology. Its vertically integrated platform has enabled the introduction of new products and services such as cryptocurrency trading, dividend reinvestment, fractional shares, recurring investments, and IPO Access. It earns transaction-based revenues from routing user orders for options, equities, and cryptocurrencies to market makers when a routed order is executed.</p>
<h3>Current Position of Robinhood Markets</h3>
<ul>
<li>With a trading volume of 2,782,031, the price of HOOD is up by 1.24%, reaching $23.7.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 16 days from now.</li>
</ul>
<h3>What Analysts Are Saying About Robinhood Markets</h3>
<p>A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $23.0.</p>
<ul>
<li>An analyst from Goldman Sachs persists with their Neutral rating on Robinhood Markets, maintaining a target price of $21. </li>
<li>Maintaining their stance, an analyst from Piper Sandler continues to hold a Neutral rating for Robinhood Markets, targeting a price of $20. </li>
<li>An analyst from Wolfe Research has elevated its stance to Outperform, setting a new price target at $29. </li>
<li>Maintaining their stance, an analyst from Barclays continues to hold a Underweight rating for Robinhood Markets, targeting a price of $20. </li>
<li>An analyst from Keybanc persists with their Overweight rating on Robinhood Markets, maintaining a target price of $25. </li>
</ul>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Robinhood Markets options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


HOOD

Looking At Robinhood Markets's Recent Unusual Options Activity

<p>Deep-pocketed investors have adopted a bearish approach towards Intel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in INTC usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 16 extraordinary options activities for Intel. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 37% leaning bullish and 56% bearish. Among these notable options, 6 are puts, totaling $459,954, and 10 are calls, amounting to $597,385.</p>
<h3>Predicted Price Range</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $24.0 to $75.0 for Intel over the recent three months. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>In terms of liquidity and interest, the mean open interest for Intel options trades today is 3126.5 with a total volume of 1,446.00.</p>
<p>In the following chart, we are able to follow the development of volume and open interest of call and put options for Intel's big money trades within a strike price range of $24.0 to $75.0 over the last 30 days.</p>
<h3>Intel Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721656895_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/23/24</td>
<td>$1.5</td>
<td>$1.46</td>
<td>$1.5</td>
<td>$34.00</td>
<td>$210.0K</td>
<td>1.8K</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>INTC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$8.9</td>
<td>$8.8</td>
<td>$8.9</td>
<td>$41.00</td>
<td>$195.8K</td>
<td>670</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>INTC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$8.9</td>
<td>$8.8</td>
<td>$8.9</td>
<td>$41.00</td>
<td>$71.2K</td>
<td>670</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/02/24</td>
<td>$3.65</td>
<td>$3.55</td>
<td>$3.65</td>
<td>$30.00</td>
<td>$63.8K</td>
<td>769</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>INTC</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$8.95</td>
<td>$8.9</td>
<td>$8.95</td>
<td>$41.00</td>
<td>$59.9K</td>
<td>670</td>
<td style="text-align: right;">300</td>
</tr>
</tbody>
</table>
</p>
<h3>About Intel</h3>
<p>Intel is a leading digital chipmaker, focused on the design and manufacturing of microprocessors for the global personal computer and data center markets. Intel pioneered the x86 architecture for microprocessors and was the prime proponent of Moore's law for advances in semiconductor manufacturing. Intel remains the market share leader in central processing units in both the PC and server end markets. Intel has also been expanding into new adjacencies, such as communications infrastructure, automotive, and the Internet of Things. Further, Intel expects to leverage its chip manufacturing capabilities into an outsourced foundry model where it constructs chips for others.</p>
<p>Following our analysis of the options activities associated with Intel, we pivot to a closer look at the company's own performance.</p>
<h3>Where Is Intel Standing Right Now?</h3>
<ul>
<li>With a trading volume of 5,648,916, the price of INTC is down by -0.36%, reaching $32.86.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 10 days from now.</li>
</ul>
<h3>What Analysts Are Saying About Intel</h3>
<p>A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $40.0.</p>
<ul>
<li>An analyst from Cantor Fitzgerald has revised its rating downward to Neutral, adjusting the price target to $40. </li>
</ul>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Intel options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


INTC

Intel's Options: A Look at What the Big Money is Thinking

Kellanova Expands Partnership With Interpublic Group To Accelerate Global Brand Portfolio Growth And Support Ambition To Become A Snacking Powerhouse

<p>Financial giants have made a conspicuous bearish move on MicroStrategy. Our analysis of options history for MicroStrategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) revealed 57 unusual trades.</p>
<p>Delving into the details, we found 40% of traders were bullish, while 43% showed bearish tendencies. Out of all the trades we spotted, 9 were puts, with a value of $432,206, and 48 were calls, valued at $3,455,949.</p>
<h3>Projected Price Targets</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $800.0 to $3800.0 for MicroStrategy over the recent three months. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in MicroStrategy's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to MicroStrategy's substantial trades, within a strike price spectrum from $800.0 to $3800.0 over the preceding 30 days.</p>
<h3>MicroStrategy 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721656890_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>08/16/24</td>
<td>$351.3</td>
<td>$338.65</td>
<td>$345.05</td>
<td>$1500.00</td>
<td>$241.5K</td>
<td>595</td>
<td style="text-align: right;">15</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/26/24</td>
<td>$30.5</td>
<td>$29.65</td>
<td>$29.83</td>
<td>$2000.00</td>
<td>$207.7K</td>
<td>1.2K</td>
<td style="text-align: right;">699</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/02/24</td>
<td>$70.0</td>
<td>$65.0</td>
<td>$70.0</td>
<td>$2000.00</td>
<td>$140.0K</td>
<td>809</td>
<td style="text-align: right;">77</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$596.9</td>
<td>$580.2</td>
<td>$580.2</td>
<td>$1640.00</td>
<td>$116.0K</td>
<td>43</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$121.6</td>
<td>$109.05</td>
<td>$115.0</td>
<td>$2000.00</td>
<td>$115.0K</td>
<td>1.0K</td>
<td style="text-align: right;">26</td>
</tr>
</tbody>
</table>
</p>
<h3>About MicroStrategy</h3>
<p>MicroStrategy Inc is a provider of enterprise analytics and mobility software. It offers MicroStrategy Analytics platform that delivers reports and dashboards and enables users to conduct ad hoc analysis and share insights through mobile devices or the Web; MicroStrategy Server, which provides analytical processing and job management. The company's reportable operating segment is engaged in the design, development, marketing, and sales of its software platform through licensing arrangements and cloud-based subscriptions and related services.</p>
<p>In light of the recent options history for MicroStrategy, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Where Is MicroStrategy Standing Right Now?</h3>
<ul>
<li>With a trading volume of 305,500, the price of MSTR is down by -0.66%, reaching $1766.8.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 10 days from now.</li>
</ul>
<h3>What Analysts Are Saying About MicroStrategy</h3>
<p>In the last month, 2 experts released ratings on this stock with an average target price of $1830.5.</p>
<ul>
<li>An analyst from Maxim Group downgraded its action to Buy with a price target of $1835. </li>
<li>Maintaining their stance, an analyst from Canaccord Genuity continues to hold a Buy rating for MicroStrategy, targeting a price of $1826. </li>
</ul>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for MicroStrategy with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


MSTR

Spotlight on MicroStrategy: Analyzing the Surge in Options Activity

<p>Throughout the last three months, 9 analysts have evaluated EastGroup Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EGP#NYSE">EGP</a>), offering a diverse set of opinions from bullish to bearish.</p>
<p>The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $182.67, along with a high estimate of $208.00 and a low estimate of $172.00. Highlighting a 3.63% decrease, the current average has fallen from the previous average price target of $189.56. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721656877_0.png" alt="price target chart" /></p>
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
<p>The perception of EastGroup Props by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Richard Anderson</td>
<td>Wedbush</td>
<td>Raises</td>
<td>Outperform</td>
<td>$208.00</td>
<td>$162.00</td>
</tr>
<tr>
<td>Vikram Malhotra</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$175.00</td>
<td>$185.00</td>
</tr>
<tr>
<td>Michael Carroll</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Sector Perform</td>
<td>$172.00</td>
<td>$190.00</td>
</tr>
<tr>
<td>Michael Mueller</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$183.00</td>
<td>$190.00</td>
</tr>
<tr>
<td>David Rodgers</td>
<td>Baird</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$175.00</td>
<td>$195.00</td>
</tr>
<tr>
<td>Todd Thomas</td>
<td>Keybanc</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$178.00</td>
<td>$198.00</td>
</tr>
<tr>
<td>Brendan Lynch</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$175.00</td>
<td>$181.00</td>
</tr>
<tr>
<td>Alexander Goldfarb</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$200.00</td>
<td>$215.00</td>
</tr>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>In-Line</td>
<td>$178.00</td>
<td>$190.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to EastGroup Props. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of EastGroup Props compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
<p>For valuable insights into EastGroup Props's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/EGP/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on EastGroup Props analyst ratings.</strong></a></p>
<h2>Unveiling the Story Behind EastGroup Props</h2>
<p>EastGroup Properties Inc is an equity real estate investment trust. It is engaged in the development, acquisition, and operation of industrial properties in Sunbelt markets throughout the United States, predominantly in the states of Florida, Texas, Arizona, California, and North Carolina. The company manages a portfolio of industrial properties. The vast majority of these properties are multi-tenant business distribution buildings that provide large warehousing and office space for customers. The company derives its revenue in the form of rental income.</p>
<h3>EastGroup Props: A Financial Overview</h3>
<p><strong>Market Capitalization Analysis:</strong> The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.</p>
<p><strong>Revenue Growth:</strong> EastGroup Props's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of <strong>14.22%</strong>. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Real Estate sector, the company excelled with a growth rate higher than the average among peers.</p>
<p><strong>Net Margin:</strong> EastGroup Props's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>38.03%</strong> net margin, the company effectively manages costs and achieves strong profitability.</p>
<p><strong>Return on Equity (ROE):</strong> EastGroup Props's ROE stands out, surpassing industry averages. With an impressive ROE of <strong>2.23%</strong>, the company demonstrates effective use of equity capital and strong financial performance.</p>
<p><strong>Return on Assets (ROA):</strong> The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of <strong>1.29%,</strong> the company showcases effective utilization of assets.</p>
<p><strong>Debt Management:</strong> EastGroup Props's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of <strong>0.64</strong>.</p>
<h2>Understanding the Relevance of Analyst Ratings</h2>
<p>Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.</p>
<p>Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


The Analyst Verdict: EastGroup Props In The Eyes Of 9 Experts

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