The GEO Group Blasts Upward To Another New 52-Week High
It might be the hottest real estate stock traded right now.
Pennsylvania Real Estate Investment Trust Hits New 52-Week Low
Pennsylvania Real Estate Investment Trust (NYSE: PEI) last week sold off to a new 52-week low at $2.45 before buyers took it to just slightly higher.
Private Prison Company GEO Group Hits New 52-Week High
A company in the prison facilities field hit a new 52-week high this week, a sign of solid investor interest.
The Major REITS: Is A Bottom Now In Store Or Is This Another Relief Rally?
With interest rates easing off of their recent highs, including the 10-year U.S. Treasury Note yield (now back under 4%) and the 30-year fixed-rate national average mortgage rate (now back below 7%), real estate investment trusts (REITs) may be perking up.
Is a bottom finally in store or is it just one more relief rally?
Welltower Is Having A Strong Month After Impressive Q3 Earnings
A major real estate investment trust (REIT) headed higher on Nov. 8, after reporting third-quarter funds from operation (FFO) met expectations and revenues beat them.
Mortgage REIT Lument Finance Trust Drops To Another New Low
Lument Finance Trust Inc. (NYSE: LFT), a New York-based real estate investment trust (REIT), declined in price this week to another new 52-week low.
REITs Hit New 52-Week Lows This Week As Sector Slide Continues
Weakness in the real estate investment trust (REIT) sector continues as investors dump shares.
The relentless selling this week was enough to take these three REITs to new 52-week lows. It’s not a bullish sign for the group that the trend seems to be irretrievably downward this year.
Major REITs Now Hitting New 52-Week Lows As The Fed Raises Interest Rates Further
The Federal Reserve continues to make it tough for real estate investment trusts (REITs).
Yet Another REIT Drops to 52-Week New Low
The negative effects of the Federal Reserve’s interest rate hikes continue to hit the real estate investment trust (REIT) sector.
Another REIT Drops To 52-Week New Low
Less-than-expected funds from operations (FFO) in the third quarter led to a new 2022 low for Centerspace (NYSE: CSR), a small New York Stock Exchange real estate investment trust (REIT).