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Citi Maintains Hold on Vornado Realty Trust
Tuesday, August 2, 2011 - 7:37am | 75Citi is out with its report today on Vornado Realty Trust (NYSE: VNO), maintaining Hold. In its report, Citi writes, "With few exceptions, Vornado's alternative investments (such as mezzanine loans and equity investments) have generated attractive returns for shareholders. However, these...
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KBW Maintains Market Perform on CB Richard Ellis Group
Tuesday, August 2, 2011 - 6:59am | 96KBW is out with its report today on CB Richard Ellis Group (NYSE: CBG), maintaining Market Perform. In its report, KBW writes, "CBG reported 2Q core EPS of $0.21, up from $0.13 in 1Q. The difference between GAAP and core reflected $5.8 million of acquisition related charges and intangible asset...
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Benzinga's Top ETF Gainers, August 1st (DRV, XIV, BAL, EPV)
Monday, August 1, 2011 - 7:17pm | 167Direxion Daily Real Estate Bear 3X (ETF) (NYSE: DRV) jumped 4.64% on Monday, and it closed at $11.96. In the real estate space, Vornado Realty Trust (NYSE: VNO) fell 1.33%, and Boston Properties, Inc. (NYSE: BXP) lost 1.30%. VelocityShares Daily Inverse VIX Short Term ETN (NYSE: XIV) gained 4.32%...
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Vornado Realty Trust Trades Higher on Q2 Earnings Results
Monday, August 1, 2011 - 4:20pm | 164Shares of Vornado Realty Trust (NYSE: VNO) are rising in the after-hours trade following the release of the company's Q2 earnings results. Currently, shares are higher by 0.27%, trading at $92.55; they ended the regular session lower by 1.33%, at $92.31. Vornado Realty Trust reported Q2 EPS of $1...
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Public Storage Earnings Preview: Higher Revenue Expected
Monday, August 1, 2011 - 3:35pm | 518Public Storage (NYSE: PSA) unveils its next round of earnings this Thursday, August 4, 2011. Get the latest predictions in Benzinga's essential guide to the company's second quarter earnings report. Earnings and Revenue: Analysts are predicting an EPS reading of $1.38/share and revenues of $...
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Reis Announces Exclusive Market Data Agreement With Self Storage Association and Three Leading REITs
Monday, August 1, 2011 - 9:17am | 119Reis, Inc. (Nasdaq: REIS) announced today that it has reached an exclusive market data agreement with the Self Storage Association to introduce ground-breaking coverage of the nation's large and rapidly growing self storage market. Joining the SSA and Reis in this effort are three leading self...
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Jefferies Revises EPS Estimates For WRE
Monday, August 1, 2011 - 7:24am | 62According to Jefferies, Washington Real Estate Investment Trust (Public, NYSE: WRE), EPS estimates have been revised. Jefferies announced that WRE EPS estimates fell from $2.03 to $2.01 for FY11, from $2.12 to $2.10 in FY12, and from $2.26 to $2.20 for FY13. PT was lowered to from $36 to $35 and...
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Jefferies Lowers PT On Washington Real Estate To $35
Monday, August 1, 2011 - 5:16am | 28Jefferies & Company has lowered the price target on Washington Real Estate (NYSE: WRE) from $36 to $35 and maintains its Hold rating.
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Top 4 Small-Cap Stocks In The Property Management Industry With The Highest Profit Margin
Monday, August 1, 2011 - 2:52am | 119Below are the top small-cap property management stocks on the NYSE and the NASDAQ in terms of profit margin. The trailing-twelve-month profit margin at SYSWIN Inc (NYSE: SYSW) is 27.91%. SYSW's PEG ratio is 0.51. The trailing-twelve-month profit margin at Agree Realty Corporation (NYSE: ADC) is...
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JP Morgan Reports on 2Q Results for Washington Real Estate Trust
Friday, July 29, 2011 - 8:20am | 179J.P. Morgan has published a research report on Washington Real Estate Investment Trust (NYSE: WRE) reviewing the 2Q. In the report J.P. Morgan wrote, "WRE reported “core” 2Q FFO that was in-line with our estimate and a penny ahead of the Bloomberg consensus. The company's NOI was right on top of...
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Top 4 Small-Cap Stocks In The REIT-Retail Industry With The Highest Profit Margin
Thursday, July 28, 2011 - 3:59am | 135Below are the top small-cap REIT-retail stocks on the NYSE and the NASDAQ in terms of profit margin. The trailing-twelve-month profit margin at Resource Capital Corp (NYSE: RSO) is 41.40%. RSO's operating margin for the same period is 62.26%. The trailing-twelve-month profit margin at Urstadt...
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Top 4 Mid-Cap Stocks In The Property Management Industry With The Lowest PEG Ratio
Thursday, July 28, 2011 - 3:56am | 124Below are the top mid-cap property management stocks on the NYSE and the NASDAQ in terms of PEG ratio Jones Lang LaSalle Incorporated (NYSE: JLL) has a PEG ratio of 0.96. JLL's trailing-twelve-month ROE is 10.32%. CB Richard Ellis Group Inc (NYSE: CBG) has a PEG ratio of 1.40. CBG's trailing-...
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Stocks to Watch for Thursday 7/28/2011: Fresh 52 Week Highs and Lows
Thursday, July 28, 2011 - 1:37am | 3403Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and entry/exit points become more clearly defined. The following stocks hit new 52-week highs in Wednesday's trading session (listed from highest total volume to...
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Earnings Preview: Analysts Expect Vornado Realty Revenue, Earnings to Dip from Previous Quarter
Wednesday, July 27, 2011 - 12:35pm | 551Vornado Realty (NYSE: VNO) announces its next round of earnings this Monday, August 1, 2011. Here is Benzinga's everything-that-matters guide for this Monday's second quarter earnings announcement. Earnings and Revenue: Analysts are looking ahead to a positive EPS of $1.17 per share and revenues...
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Grubb & Ellis Company Renews Facilities Management Relationship With Kraft Foods
Wednesday, July 27, 2011 - 10:22am | 140Grubb & Ellis Company (NYSE: GBE) today announced that Kraft Foods has agreed to extend its contract for facilities and project management services through 2016. The extension, which represents an early renewal of Grubb & Ellis' existing relationship with Kraft Foods, covers 41 locations...