This Morning's Research Reports on REIT Stocks -- Digital Realty Trust, Equity Commonwealth, Highwoods Properties, and Mack-Cali Realty
NEW YORK, Feb. 21, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on DLR, EQC, HIW, and CLI which can be accessed for free by signing up to www.wallstequities.com/registration. Pre-market, WallStEquities.com explores the Office REIT space, which can acquire, improve, develop, lease, and manage office properties, such as Class-A office buildings, first-class office properties, high-quality office properties, single- and multi-tenant office buildings, industrial live-and-work space, and industrial and campus office parks. Under observation this morning are the following stocks: Digital Realty Trust Inc. (NYSE: DLR), Equity Commonwealth (NYSE: EQC), Highwoods Properties Inc. (NYSE: HIW), and Mack-Cali Realty Corp. (NYSE: CLI). All you have to do is sign up today for this free limited time offer by clicking the link below.
www.wallstequities.com/registration
Digital Realty Trust
Digital Realty Trust Inc.'s stock finished Tuesday's session 2.56% lower at $99.58. A total volume of 2.00 million shares was traded, which was above their three months average volume of 1.47 million shares. The Company's shares are trading 9.29% below their 50-day moving average. Additionally, shares of the Company, which supports the data center, colocation and interconnection strategies of more than 2,300 firms across its secure, network-rich portfolio of data centers located throughout North America, Europe, Asia and Australia, have a Relative Strength Index (RSI) of 36.02.
On February 14th, 2018, research firm Citigroup upgraded the Company's stock rating from 'Neutral' to 'Buy'.
On February 15th, 2018, Digital Realty Trust announced its financial results for Q4 and full year 2017. For Q4 2017, revenues were $731 million, net income was $80 million, adjusted EBITDA was $428 million, and FFO were $1.48 per share. For the full year 2017, revenues were $2.5 billion, net income was $256 million, adjusted EBITDA was $1.4 billion, and FFO was $5.65 per share. Get the full research report on DLR for free by clicking below at:
www.wallstequities.com/registration/?symbol=DLR
Equity Commonwealth
On Tuesday, shares in Equity Commonwealth recorded a trading volume of 819,156 shares, which was above their three months average volume of 620,850 shares. The stock ended the session 0.74% lower at $29.40. The Company's shares are trading 1.47% below their 50-day moving average. Moreover, shares of Equity Commonwealth, which owns approximately 145 properties, which include 251 buildings with a combined area of approximately 41 million square feet, have an RSI of 50.20.
On January 30th, 2018, Equity Commonwealth announced that it is calling its 5.75% Senior Unsecured Notes, due August 01st, 2042 (the "Notes"), for redemption on March 07th, 2018 (the "Redemption Date"). The Notes will be redeemed for cash at a price equal to 100% of the principal amount of the Notes, plus accrued and unpaid interest up to, but excluding, the Redemption Date. The aggregate principal outstanding of the Notes is $175,000,000.
On February 16th, 2018, research firm Stifel upgraded the Company's stock rating from 'Hold' to 'Buy' while revising its previous target price from $31 a share to $32 a share. Download our actionable research report on EQC at:
www.wallstequities.com/registration/?symbol=EQC
Highwoods Properties
Raleigh headquartered Highwoods Properties Inc.'s shares closed the day 0.39% lower at $43.51. The stock recorded a trading volume of 1.17 million shares, which was higher than its three months average volume of 696,970 shares. The Company's shares are trading 9.97% below their 50-day moving average. Additionally, shares of Highwoods Properties have an RSI of 31.19.
On January 31st, 2018, Highwoods Properties announced that Anne H. Lloyd, 56, has been elected to join the Company's Board of Directors, effective that day. Ms. Lloyd served as Executive Vice President and CFO of Martin Marietta Materials, Inc. from June 2005 until her retirement in August 2017.
On February 08th, 2018, research firm Stifel reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $55 a share to $50 a share. Register for your free report coverage on HIW at:
www.wallstequities.com/registration/?symbol=HIW
Mack-Cali Realty
Shares in Jersey City, New Jersey headquartered Mack-Cali Realty Corp. finished 1.54% lower at $18.58. The stock recorded a trading volume of 910,274 shares, which was higher than its three months average volume of 629,000 shares. The Company's shares are trading below their 50-day moving average by 10.53%. Furthermore, shares of Mack-Cali Realty, which owns, manages and develops premier office and multifamily properties in select waterfront and transit-oriented markets throughout the Northeast, have an RSI of 32.92.
On February 05th, 2018, Mack-Cali Realty announced that it will release its Q4 2017 earnings results after the market close on February 21st, 2018. The Company will host a live conference call on February 22nd, 2018, at 10:30 a.m. ET. This call may be accessed under the "Corporate Overview" tab of the Company's investor relations website. Get the free research report on CLI at:
www.wallstequities.com/registration/?symbol=CLI
--
Wall St. Equities:
Wall St. Equities (WSE) 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. WSE 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.
WSE 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 WSE. WSE 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
WSE, 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. WSE, 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, WSE, 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 WSE 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
https://wallstequities.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: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Wall St. Equities
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article