Today's Research Report Coverage on REIT Stocks -- Kite Realty Group Trust, Macerich, Realty Income, and Tanger Factory Outlet Centers
NEW YORK, Nov. 7, 2017 /PRNewswire/ -- If you want a Stock Review on KRG, MAC, O, or SKT then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Today's research coverage on DailyStockTracker.com is centered on Kite Realty Group Trust (NYSE: KRG), The Macerich Co. (NYSE: MAC), Realty Income Corp. (NYSE: O), and Tanger Factory Outlet Centers Inc. (NYSE: SKT). These companies are part of the Retail REIT space, which owns and manages retail real estate and rent space in those properties to tenants. Retail REITs focus on large regional malls, outlet centers, grocery-anchored shopping centers, and power centers that feature big box retailers. Learn more about these stocks by signing up for their free reports on DailyStockTracker.com at:
http://dailystocktracker.com/register/
Kite Realty Group Trust
On Monday, shares in Indianapolis, Indiana-based Kite Realty Group Trust recorded a trading volume of 588,953 shares. The stock ended the session 0.22% higher at $18.60. The Company's shares are trading 6.92% below their 50-day moving average. Moreover, shares of Kite Realty, which invests in real estate markets of the US, have a Relative Strength Index (RSI) of 31.57.
On October 26th, 2017, Kite Realty announced its operating results for the three months ended September 30th, 2017. Net loss for Q3 2017 was $0.6 million, and funds from operations were $41.8 million. As of September 30th, 2017, the Company owned interests in 117 operating and redevelopment properties, totaling approximately 23.1 million square feet and two development projects currently under construction. The free research report on KRG is available at:
http://dailystocktracker.com/registration/?symbol=KRG
Macerich
Santa Monica, California headquartered The Macerich Co.'s stock closed the day 0.37% lower at $54.19. A total volume of 2.12 million shares was traded, which was above their three months average volume of 1.53 million shares. The Company's shares are trading 2.05% below their 50-day moving average. Additionally, shares of Macerich, which engages in acquisition, ownership, development, redevelopment, management and leasing of regional and community shopping centers located throughout the US, have an RSI of 40.23.
On October 24th, 2017, Macerich Board of Directors declared a 4.2% increase in the Company's quarterly cash dividend to $.74 per share of common stock. The dividend is payable on December 01st, 2017, to stockholders of record at the close of business on November 10th, 2017. The complimentary report on MAC can be downloaded at:
http://dailystocktracker.com/registration/?symbol=MAC
Realty Income
Shares in Escondido, California-based Realty Income Corp. recorded a trading volume of 1.56 million shares. The stock ended yesterday's trading session 0.14% higher at $55.26. The Company's shares are trading below their 50-day moving average by 3.08%. Furthermore, shares of Realty Income, which makes investments in commercial real estate, have an RSI of 44.63.
On October 10th, 2017, Realty Income announced that its Board of Directors has declared the 568th consecutive common stock monthly dividend. The dividend amount of $0.212 per share, representing an annualized amount of $2.544 per share, is payable on November 15th, 2017, to shareholders of record as of November 01st, 2017. Visit us today and download our complete research report on O for free at:
http://dailystocktracker.com/registration/?symbol=O
Tanger Factory Outlet Centers
Greensboro, North Carolina-based Tanger Factory Outlet Centers Inc.'s stock finished Monday's session 1.20% lower at $22.19. A total volume of 2.34 million shares was traded, which was above their three months average volume of 1.60 million shares. The Company's shares are trading below their 50-day moving average by 9.09%. Additionally, shares of the Company, which focuses on developing, acquiring, owning, operating, and managing outlet shopping centers, have an RSI of 32.46.
On November 01st, 2017, Tanger Factory Outlet Centers (SKT) announced that it is kicking off a season of fashionable savings with a new TangerSTYLE guide, which features the best looks for the season. From November 01st, 2017, to November 19th, 2017, shoppers can access the latest holiday fashions from top brand names and designer stores at Company outlets for less.
On November 03rd, 2017, research firm Boenning & Scattergood upgraded the Company's stock rating from 'Underperform' to 'Neutral'. Get free access to your technical report on SKT at:
http://dailystocktracker.com/registration/?symbol=SKT
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