Newsfeeds Archive - Page 2 of 9

2 minute read

Gaming And Leisure Properties REIT Climbs Higher

March 7, 11:49 AM

While many real estate investment trusts (REITs) are heading lower, there is at least this one that’s definitely heading higher. Gaming and Leisure Properties Inc. (NASDAQ: GLPI) continues to blast up to new 52-week highs after bottoming in late September and early October.

GLPI

2 minute read

Paramount Group REIT Slumps To New Low

By John Navin

Yesterday, 12:24 PM

Stock market indexes sold off last week and, in the spirit of things, Paramount Group Inc. (NYSE: PGRE) dropped to a new 52-week low. On Feb. 24, the company reported fourth-quarter funds from operations (FFO) at $0.25, up one penny from last year’s fourth-quarter FFO of $0.24.

PGRE

2 minute read

Essential Properties REIT Hits 9-Month High

By John Navin

February 22, 9:41 AM

Joining the list of real estate investment trusts (REITs) in uptrends, Essential Properties Realty Trust Inc. (NYSE: EPRT) recently hit a nine-month high. After establishing an October 2022 low of $19, the move up to the $25 area amounts to a 31% rally in about four months.

EPRT

2 minute read

Independence Realty Trust Shows Continued Price Strength

By John Navin

February 15, 11:50 AM

Independence Realty Trust Inc. (NYSE: IRT) owns and operates multifamily apartment properties nationwide with an eye toward benefiting shareholders through cash flow and possible increased value of the underlying real estate.

AMT

2 minute read

VICI Properties REIT’s Long-Term Upward Trend Continues In February

By John Navin

February 14, 1:57 PM

VICI Properties Inc. (NYSE: VICI) has been in an uptrend since the March 2020 pandemic scare lows, a trend that continued into February of this year.

VICI

2 minute read

Bullish 50- And 200-Day Moving Average Crossovers For 3 REITs

By John Navin

February 10, 2:47 PM

When the 50-day moving average crosses above the 200-day moving average, it’s considered bullish by technical analysts. The price has finally stopped going down over the short term and is headed back up enough to take it back above the long-term trend.

CUBE

2 minute read

Spirit Realty Capital REIT Up To New 6-Month High

By John Navin

February 10, 2:02 PM

Spirit Realty Capital Inc. (NYSE: SRC) is trending upward so strongly that it hit a new six-month high earlier this week.

SRC

2 minute read

How The REIT ETF Benchmarks Reacted To Fed’s 0.25% Rate Hike

By John Navin

February 8, 1:24 PM

All in all, it was a good week for price action in the rate-sensitive real estate investment trust (REIT) sector. Worries that the Federal Reserve might take interest rates higher than expected evaporated when it announced a 0.25% hike rather than a 0.5% hike. The REIT exchange-traded funds (ETFs) reached four-month highs.

AMT

3 minute read

These 2 REITs Have Strong Positive Price Action

By John Navin

January 31, 10:42 AM

A sense that the Federal Reserve will slow the pace of interest rate hikes may be part of the reason real estate investment trusts (REITs) Park Hotels & Resorts Inc. and Weyerhaeuser Co. closed higher last week and hit new three-month highs.

2 minute read

2 REITs Making New Highs Despite Rate Hike Concerns

By John Navin

January 31, 10:22 AM

The continued strength of Global Net Lease Inc (NYSE: GNL) and Getty Realty Corp Holding Company (NYSE: GTY) is awesome to behold, especially given the uncertainty about the pace of interest rate rises by the Fed.

GNL