REIT Stocks Under Review -- New Residential, AGNC Investment, American Homes 4 Rent, and Equity Residential
NEW YORK, April 5, 2017 /PRNewswire/ --
Stock-Callers.com visits the Residential REIT industry, which includes real estate investment trusts that specialize in apartment buildings, student housing, manufactured homes, and single-family homes. Equities in today's lineup are New Residential Investment Corp. (NYSE: NRZ), AGNC Investment Corp. (NASDAQ: AGNC), American Homes 4 Rent (NYSE: AMH), and Equity Residential (NYSE: EQR). Learn more about these stocks by downloading their free research reports in PDF format at:
http://stock-callers.com/registration
New Residential
On Tuesday, shares in New York-based New Residential Investment Corp. recorded a trading volume of 2.20 million shares. The stock ended the day at $17.15, rising 0.53% from the last trading session. The Company's shares have advanced 3.80% in the past month, 11.61% in the previous three months, and 12.25% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 6.57% and 21.65%, respectively. Furthermore, shares of New Residential Investment, which focuses on investing in and managing residential mortgage related assets in the US, have a Relative Strength Index (RSI) of 77.65. Sign up and read the free research report on NRZ at:
http://stock-callers.com/registration/?symbol=NRZ
AGNC Investment
Bethesda, Maryland headquartered AGNC Investment Corp.'s stock climbed 0.80%, finishing yesterday's session at $20.21 with a total trading volume of 2.70 million shares. The Company's shares have gained 4.48% in the last month, 11.90% over the previous three months, and 14.61% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 5.58% and 9.91%, respectively. Additionally, shares of AGNC Investment, which operates as a REIT in the US, have an RSI of 74.19.
On March 16th, 2017, MTGE Investment Corp., an affiliate of AGNC Investment, announced that its Board of Directors has declared a cash dividend on its 8.125% Series A Cumulative Redeemable Preferred Stock of $0.5078125 per share for the first quarter of 2017. The dividend is payable on April 17th, 2017, to preferred stockholders of record as of April 01st, 2017, with an ex-dividend date of March 29th, 2017. The complimentary research report on AGNC can be downloaded at:
http://stock-callers.com/registration/?symbol=AGNC
American Homes 4 Rent
Shares in Malibu, California-based American Homes 4 Rent ended the session 1.92% higher at $23.38. The stock recorded a trading volume of 2.24 million shares, which was above its three months average volume of 2.17 million shares. The Company's shares have gained 0.87% in the last one month, 12.76% over the previous three months, and 11.69% on an YTD basis. The stock is trading 2.86% above its 50-day moving average and 9.35% above its 200-day moving average. Moreover, shares of American Homes 4 Rent, which engages in the acquisition, renovation, leasing, and operating single-family home rental properties in the US, have an RSI of 59.44.
On March 24th, 2017, American Homes 4 Rent announced that Moody's Investor Service has assigned a Baa3 issuer rating to the Company and indicated that the rating outlook is stable. Moody's press release notes that the rating reflects the Company's leadership in the single-family rental market, high occupancy rate, and solid rental rate growth in the 3% to 4% range. Register for free on Stock-Callers.com and access the latest report on AMH at:
http://stock-callers.com/registration/?symbol=AMH
Equity Residential
At the closing bell on Tuesday, Chicago, Illinois headquartered Equity Residential's stock gained 0.31%, finishing at $62.33. A total volume of 1.89 million shares was traded. The Company's shares have advanced 0.66% in the last month. The stock is trading 0.94% and 0.99% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Equity Residential, which engages in the acquisition, development, and management of multifamily properties in the US, have an RSI of 53.62.
On April 03rd, 2017, Equity Residential announced that the Company will release its Q1 2017 operating results on Tuesday, April 25th, 2017, after the close of market, and host a conference call to discuss those results on Wednesday, April 26th, 2017 at 10:00 a.m. CT. The conference call will be available via webcast. Get free access to your research report on EQR at:
http://stock-callers.com/registration/?symbol=EQR
Stock Callers:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://stock-callers.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA
Share this article