Technical Snapshots for These REIT Stocks -- New Residential Investment, UDR Inc., Equity Residential, and Orchid Island Capital
NEW YORK, July 27, 2017 /PRNewswire/ --
If you want a Stock Review on NRZ, UDR, EQR, or ORC then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com has issued research reports on the following equities in the Residential REIT space: New Residential Investment Corp. (NYSE: NRZ), UDR Inc. (NYSE: UDR), Equity Residential (NYSE: EQR), and Orchid Island Capital Inc. (NYSE: ORC). A REIT is a company that owns and manages income-producing real estate. REITs provide various benefits to investors that include liquidity, transparency, higher dividend yields, and simple tax treatment. Access DailyStockTracker.com's complimentary reports for today's stocks line-up at:
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New Residential Investment
Shares in New York-based New Residential Investment Corp. rose 0.50%, ending Wednesday's trading session at $16.00. The stock recorded a trading volume of 1.89 million shares. The Company's shares have gained 1.78% on an YTD basis. The stock is trading 0.53% above its 200-day moving average. Moreover, shares of the Company, which focuses on investing in and managing residential mortgage related assets in the US, have a Relative Strength Index (RSI) of 52.74.
On July 24th, 2017, New Residential Investment announced that it will release its Q2 financial results for the period ended June 30th, 2017 on July 31st, 2017, prior to the opening of the NYSE. In addition, management will host a conference call on the same day at 8:00 a.m. ET. A copy of the earnings release will be available under the Investor Relations section of the Company's website. Visit us today and access your complete report on NRZ for free at:
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UDR Inc.
Denver, Colorado headquartered UDR Inc.'s stock climbed 1.32%, closing the day at $39.19 with a total trading volume of 828,197 shares. The Company's shares have advanced 5.41% in the previous three months and 7.43% since the start of this year. The stock is trading 0.65% and 8.06% above its 50-day and 200-day moving averages, respectively. Additionally, shares of UDR, which invests in the real estate markets of the US, have an RSI of 55.05.
On June 30th, 2017, research firm BTIG Research downgraded the Company's stock rating from 'Buy' to 'Neutral'.
On June 30th, 2017, UDR Inc. announced that it will host a conference call on July 27th, 2017, at 1:00 p.m. ET to review Q2 2017 performance, discuss recent events, and conduct a question-and-answer period. The webcast of the conference call will be available on the Company's website. The complimentary research report on UDR can be accessed at:
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Equity Residential
On Wednesday, shares in Chicago, Illinois headquartered Equity Residential recorded a trading volume of 1.93 million shares, which was above their three months average volume of 1.62 million shares. The stock ended the day 1.95% higher at $67.36. The Company's shares have advanced 0.33% in the past month, 3.19% in the previous three months, and 4.66% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.71% and 6.33%, respectively. Furthermore, shares of Equity Residential, which engages in the acquisition, development, and management of multifamily properties in the US, have an RSI of 59.01.
On July 06th, 2017, research firm UBS downgraded the Company's stock rating from 'Buy' to 'Reduce', with a target price of $68 per share.
On July 26th, 2017, Equity Residential reported results for Q2 and six months ended June 30th, 2017. For Q2 2017, EPS was $0.53; funds from operations (FFO) were $0.77 per share; and normalized FFO was $0.77 per share. For the six months ended June 30th, 2017, EPS was $0.92; FFO was $1.53 per share; and normalized FFO was $1.51 per share. Register for free on DailyStockTracker.com and download the research report on EQR at:
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Orchid Island Capital
Vero Beach, Florida headquartered Orchid Island Capital Inc.'s stock gained 0.62%, finishing yesterday's session at $9.75. A total volume of 1.07 million shares was traded, which was above their three months average volume of 983,330 shares. The Company's shares are trading below their 50-day moving average by 3.27%. Additionally, shares of the Company, which invests in residential mortgage-backed securities in the US, have an RSI of 39.80.
On July 18th, 2017, Orchid Island Capital announced that it will release results for Q2 2017 following the close of trading on the NYSE on July 31st, 2017. An earnings conference call and live audio webcast will be hosted on August 01st, 2017, at 10:00 a.m. ET. The webcast may be accessed under the investor relations section of the Company's website. Get free access to your research report on ORC at:
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