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Jefferies & Co Downgrades MAC To Hold
Monday, November 8, 2010 - 6:57am | 51Analysts at Jefferies & Co downgrade Macerich Company (NYSE: MAC) from "buy" to "hold." The target price for MAC has been raised from $46.5 to $49. MAC's shares gained 0.75% to close at $49.40 on Friday. More Analyst Ratings here
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Jefferies Downgrades Macerich On Valuation (MAC)
Monday, November 8, 2010 - 6:54am | 99Jefferies & Co. is downgrading The Macerich Company (NYSE: MAC) to Hold from Buy, but is raising its price target to $49 from $46.50. It cites valuation as the reason for the downgrade. In a note to clients, Jefferies states, "MAC's core strength is redeveloping neglected, worn down regional...
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Jefferies & Co Upgrades SPG To Buy
Monday, November 8, 2010 - 6:35am | 53Analysts at Jefferies & Co upgrade Simon Property Group Inc (NYSE: SPG) from "hold" to "buy." The target price for SPG has been raised from $93 to $120. SPG's shares gained 1.86% to close at $105.77 on Friday. More Analyst Ratings here
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Kimco Beats By A Penny - Analyst Blog
Thursday, November 4, 2010 - 1:33pm | 507Kimco Realty Corporation(KIM) reported third quarter 2010 funds from operations of 27 cents per share and passed the Zacks Consensus estimates by only a penny. The funds from operations per share increased 3.8% sequentially, but declined 10% compared to same quarter last year. Revenue for the...
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Kimco Beats FFO Estimates - Analyst Blog
Thursday, November 4, 2010 - 1:12pm | 692Kimco Realty Corp. (KIM), a leading real estate investment trust (REIT), reported third quarter 2010 rental revenues of $210.5 million compared with $190.1 million in the year-earlier quarter – an increase of 10.7%. However, total revenues for the reported quarter fell short of the Zacks...
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Stifel Nicolaus Downgrades CBL to Hold
Thursday, November 4, 2010 - 10:00am | 21Stifel Nicolaus Downgrades CBL & Associates Properties Inc. (NYSE: CBL) from Buy to Hold.
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Kite Realty Group Trust Posts Solid Earnings; Trims Guidance
Thursday, November 4, 2010 - 8:23am | 184Kite Realty Group Trust (NYSE: KRG) continued to make solid progress in leasing, with the leased rate increasing a substantial 120bps over the quarter. In addition, the Eddy Street Commons development is nearly fully leased at (~96%). Leasing KRG's portfolio is not only important for earnings, but...
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Regency Centers Posts Steady Quarter; Raises Guidance
Thursday, November 4, 2010 - 8:06am | 209Regency Centers Corp. (NYSE: REG) did not hit the ball out of the park with SSNOI of +1%, sequentially flat occupancy and leasing spreads were also a little weaker this quarter. However it was reassuring to see an increase in SSNOI forecast in guidance and management's comments on 'continued...
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Citi Upgrades Kimco Realty To Hold
Thursday, November 4, 2010 - 7:19am | 205Kimco Realty's (NYSE: KIM) 3Q FFO was in line with Citi's expectations and 2011 guidance was a little better than expected. KIM has started to make some slow progress on its recently outlined strategy; selling weaker assets and slowly simplifying the preferred investments. Citi would like to see...
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The Macerich Company Beats Estimates (MAC)
Thursday, November 4, 2010 - 6:34am | 202The Macerich Company (NYSE: MAC) announced on Thursday morning that it beat consensus Wall Street estimates. The Macerich Company reported that its quarterly net income fell to $8.4 million, or 6 cents per share, down from $142.8 million, or $1.75 per share, a year earlier. Funds from operations ("...
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Federal Realty Investment Trust Announces Third Quarter 2010 Operating Results: EPS of $0.48
Wednesday, November 3, 2010 - 4:00pm | 156Federal Realty Investment Trust (NYSE: FRT) today reported operating results for its third quarter ended September 30, 2010. Financial Results In the third quarter 2010, Federal Realty generated funds from operations available for common shareholders (FFO) of $58.8 million or $0.95 per diluted...
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Kite Realty Group Trust Reports Third Quarter EPS of $.11
Wednesday, November 3, 2010 - 3:52pm | 143Kite Realty Group Trust (NYSE: KRG) today announced results for its third quarter ended September 30, 2010. Financial statements and exhibits attached to this release include results for the three and nine months ended September 30, 2010 and 2009. For the three months ended September 30, 2010,...
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Equity One Reports Third Quarter 2010 Operating Results: EPS of $0.24
Wednesday, November 3, 2010 - 3:17pm | 160Equity One, Inc. (NYSE: EQY), an owner, developer, and operator of shopping centers, announced today its financial results for the three and nine months ended September 30, 2010. During the third quarter, the company: * Reported quarterly Funds From Operations (FFO) of $0.24 per diluted share...
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Kimco Realty Reports Mixed Results; Updates Guidance (KIM)
Wednesday, November 3, 2010 - 3:15pm | 97Kimco Realty Corporation (NYSE: KIM) reports Q3 earnings of $0.27 versus consensus of $0.26. Kimco Realty Corporation reports revenues of $210.5 million versus consensus of $212.14 million. The company sees FY 2010 non-recurring FFO in the range of $1.11 to $1.13; it also issued initial FY 2011 FFO...
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Puts Purchased on Getty Realty Corp (GTY)
Wednesday, November 3, 2010 - 1:12pm | 160Shares of Getty Realty Corp (NYSE: GTY) are lower on the session by 0.41%, currently trading at $29.27. The stock has been moving largely higher over the past six months and is trending higher above the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A short...