The Meaning Behind Value Stocks
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:
- Comstock Holding Co CHCI - P/E: 4.26
- Tricon Residential TCN - P/E: 4.07
- American Realty Investors ARL - P/E: 0.81
- Piedmont Office Realty PDM - P/E: 9.61
- Chicago Atlantic Real REFI - P/E: 7.68
Most recently, Comstock Holding Co reported earnings per share at $0.13, whereas in Q3 earnings per share sat at $0.37. Tricon Residential saw an increase in earnings per share from 0.15 in Q3 to $0.31 now. The company's most recent dividend yield sits at 2.82%, which has decreased by 0.01% from 2.83% last quarter.
American Realty Investors saw a decrease in earnings per share from 18.72 in Q3 to $2.69 now. Piedmont Office Realty has reported Q1 earnings per share at $0.46, which has decreased by 8.0% compared to Q4, which was 0.5. Most recently, the company reported a dividend yield of 12.9%, which has increased by 4.98% from last quarter's yield of 7.92%.
Most recently, Chicago Atlantic Real reported earnings per share at $0.57, whereas in Q3 earnings per share sat at $0.58.
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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