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.
Benzinga Insights has compiled a list of value stocks in the real estate sector that may be worth watching:
- Ladder Cap LADR - P/E: 9.87
- Hersha Hospitality HT - P/E: 3.16
- Rithm Capital RITM - P/E: 7.81
- Piedmont Office Realty PDM - P/E: 9.96
- American Realty Investors ARL - P/E: 0.92
Most recently, Ladder Cap reported earnings per share at $0.33, whereas in Q1 earnings per share sat at $0.38. Its most recent dividend yield is at 8.7%, which has decreased by 0.85% from 9.55% in the previous quarter.
This quarter, Hersha Hospitality experienced an increase in earnings per share, which was $0.02 in Q1 and is now $0.38. The company's most recent dividend yield sits at 3.28%, which has increased by 0.57% from 2.71% last quarter.
Rithm Capital has reported Q2 earnings per share at $0.62, which has increased by 77.14% compared to Q1, which was 0.35. The company's most recent dividend yield sits at 10.82%, which has decreased by 1.65% from 12.47% last quarter.
This quarter, Piedmont Office Realty experienced a decrease in earnings per share, which was $0.46 in Q1 and is now $0.45. Its most recent dividend yield is at 6.99%, which has decreased by 5.91% from 12.9% in the previous quarter.
American Realty Investors saw a decrease in earnings per share from 0.18 in Q1 to $0.11 now.
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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