What's Happening With These REIT Stocks? -- Independence Realty Trust, Mid-America Apartment Communities, New York Mortgage Trust, and Orchid Island Capital
NEW YORK, March 20, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on IRT, MAA, NYMT, and ORC which can be accessed for free by signing up to www.wallstequities.com/registration. Ahead of today's trading session, WallStEquities.com monitors Independence Realty Trust Inc. (NYSE: IRT), Mid-America Apartment Communities Inc. (NYSE: MAA), New York Mortgage Trust Inc. (NASDAQ: NYMT), and Orchid Island Capital Inc. (NYSE: ORC). Residential REITs own and manage various forms of residences and rent space in those properties to tenants. They specialize in apartment buildings, student housing, manufactured homes, and single-family homes. All you have to do is sign up today for this free limited time offer by clicking the link below.
www.wallstequities.com/registration
Independence Realty Trust
On Monday, shares in Independence Realty Trust Inc. saw a decline of 1.74%, ending the day at $9.01. The stock recorded a trading volume of 718,926 shares, which was above its three months average volume of 636,190 shares. The Company's shares have advanced 3.92% in the last month. The stock is trading below its 50-day moving average by 0.15%. Moreover, shares of the Company, which owns and operates 55 multifamily apartment properties, totaling 15,045 units, across non-gateway US markets, including Atlanta, Louisville, Memphis, and Raleigh, have a Relative Strength Index (RSI) of 55.40.
On March 13th, 2018, Independence Realty Trust announced that its Board of Directors has declared a quarterly dividend of $0.18 per share of the Company's common stock, payable on April 20th, 2018, to stockholders of record April 04th, 2018. Get the full research report on IRT for free by clicking below at:
www.wallstequities.com/registration/?symbol=IRT
Mid-America Apartment Communities
Shares in Mid-America Apartment Communities Inc. ended the day 0.95% lower at $91.03 with a total trading volume of 631,701 shares. In the last month, the stock has gained 2.30%. The Company's shares are trading above their 50-day moving average by 0.82%. Furthermore, shares of the Company, which focuses on delivering full-cycle and superior investment performance for shareholders through the ownership, management, acquisition, development and redevelopment of quality apartment communities throughout the US, have an RSI of 59.80.
On March 13th, 2018, Mid-America Apartment Communities announced that its board of directors approved a quarterly dividend payment of $0.9225 per share of common stock, to be paid on April 30th, 2018, to shareholders of record on April 13th, 2018. Today's complimentary research report on MAA is accessible at:
www.wallstequities.com/registration/?symbol=MAA
New York Mortgage Trust
At the close of trading on Monday, shares in New York headquartered New York Mortgage Trust Inc. finished 0.67% lower at $5.96 with a total trading volume of 1.27 million shares. The stock has advanced 4.38% in the last month. The Company's shares are trading above their 50-day moving average by 2.03%. Additionally, shares of the Company, which acquires, invests in, finances, and manages mortgage-related and residential housing-related, and financial assets in the US, have an RSI of 54.78.
On February 21st, 2018, research firm Maxim Group reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $6.50 a share to $6.25 a share.
On March 15th, 2018, New York Mortgage Trust announced that its Board of Directors has appointed Lisa A. Pendergast as Director of the Company, effective immediately. Ms. Pendergast is the Executive Director of Commercial Real Estate Finance Council, a trade organization with over 305-member companies and over 9,000 individual members that covers the commercial and multifamily real estate finance markets, a position she has held since September 2016. Register now for your free research document on NYMT at:
www.wallstequities.com/registration/?symbol=NYMT
Orchid Island Capital
Vero Beach, Florida headquartered Orchid Island Capital Inc.'s shares recorded a trading volume of 853,049 shares at the end of yesterday's session. The stock closed the day 0.81% lower at $7.36. The Company's shares are trading below their 50-day moving average by 4.46%. Additionally, shares of the Company, which invests in residential mortgage-backed securities in the US, have an RSI of 46.95.
On March 08th, 2018, Orchid Island announced that its Board of Directors declared a monthly cash dividend for March 2018. The dividend of $0.09 per share will be paid on April 10th, 2018, to holders of record on March 29th, 2018, with an ex-dividend date of March 28th, 2018. Click on the link below and see our free report ORC at:
www.wallstequities.com/registration/?symbol=ORC
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