-
4 Reasons This Analyst Stepped To The Sidelines On Mid-America Apartment Communities
Friday, August 3, 2018 - 3:23pm | 302For Mid-America Apartment Communities Inc (NYSE: MAA), a multifamily REIT with roughly 100,000 apartment units and a small development platform, the multiple concerns moving forward outweigh the positives, according to Stifel. The Analyst Stifel's John Guinee downgraded Mid-America Apartment...
-
Stifel: Costa-Hawkins Concerns Are 'Overblown,' Market Conditions Will Carry Essex Property Trust
Friday, August 3, 2018 - 1:55pm | 352Essex Property Trust Inc (NYSE: ESS) reported a strong second-quarter earnings beat Wednesday. Earnings per share came in at $1.52 versus the $1.13 analysts were expecting. The Analyst Stifel analyst John Guinee upgraded Exxes from Hold to Buy and raised his price target from $235 to $260. The...
-
Stifel: Geopolitical Uncertainty, Interest In Hard Assets Are Positives For REITs
Friday, June 1, 2018 - 2:31pm | 582The overall macro environment continues to improve, which bodes well for a select group of REITs, according to Stifel. The Analyst Stifel's John Guinee made the following rating changes to REIT stocks under coverage: Highwoods Properties Inc (NYSE: HIW) upgraded from Hold to Buy with a price...
-
Positive Macro Environment, Valuation Render UDR Attractive, Stifel Says In Upgrade
Friday, June 1, 2018 - 11:06am | 325UDR, Inc. (NYSE: UDR) has earned a bullish review from Stifel, with the sell-side firm viewing the REIT as geographically well-diversified with a large portfolio, modest development platform and capital investment strategy. The Analyst Analyst John Guinee upgraded shares of UDR from Hold...
-
A Few Reasons Stifel Is Bearish On Franklin Street Properties
Thursday, February 15, 2018 - 5:22pm | 373Franklin Street Properties Corp. (NYSE: FSP),a small-cap office real estate investment trust that focuses on high growth and mid sized markets, reported its fourth quarter results on Tuesday and prompted Stifel to downgrade the stock. The Analyst Stifel's John Guinee downgraded Franklin...
-
Stifel Turns Bullish On New York's Largest Owner Of Commercial Real Estate
Friday, January 26, 2018 - 3:17pm | 330SL Green Realty Corp (NYSE: SLG), New York's largest owner of commercial real estate properties including One Vanderbilt Avenue and 100 Park Avenue, boasts a valuation that's "simply too attractive to ignore." The Analyst Stifel's John Guinee upgraded SL Green Realty's...
-
Washington REIT Starts 2018 With Stifel Downgrade
Tuesday, January 2, 2018 - 3:41pm | 368Washington Real Estate Investment Trust (NYSE: WRE) reported third-quarter earnings Oct. 26. The company's EPS of 4 cents was below expectations of 9 cents, while sales of $82.8 million also fell short of a $83.1-million expectation. The Analyst Stifel Nicolaus' John Guinee ...
-
Vornado Realty Has An Intriguing Pipeline, But Where Are The Catalysts?
Thursday, August 31, 2017 - 8:43am | 398Vornado Realty Trust (NYSE: VNO), a real estate investment trust that operates in New York, lost a bullish rating from Wall Street this week. Stifel's John Guinee downgrades Vornado's stock rating from Buy to Hold with a price target lowered from $86 to $77. Vornado continues to be an attractive...
-
4 REITs BMO Capital Is Excited About
Thursday, September 10, 2015 - 2:33pm | 849REITs can offer investors exposure to iconic assets, organic growth prospects and diversified assets. BMO Capital Markets initiated coverage of four unique REITs with Outperform ratings. All four stocks offer potential returns of 24 to 31 percent. In separate reports published Wednesday,...
-
Fund Flows Are Signaling Upside In These Three REIT Stocks
Wednesday, September 9, 2015 - 2:49pm | 494In a report published Wednesday, Stifel analyst John Guinee offered three stocks that could benefit from a bottoming of negative fund flows, a bottoming of generalist investor interest and/or a potential rally in "risk-off" equities – which historically benefit REITs. Boston Properties: Best-...
-
8 Reasons Corporate Office Properties Trust Could Be Dead In The Water
Wednesday, July 29, 2015 - 5:27pm | 302Corporate Office Properties Trust (NYSE: OFC) announced its second quarter financial results on Tuesday morning. After the report, Stifel analysts John Guinee, Erin Aslakson and Kyle McGrady downgraded the stock’s rating to Sell from Hold on the back of eight reasons: 1) The company...
-
Stifel Upgrades Mack-Cali Realty, Expects Big Changes From New Management Team
Friday, June 5, 2015 - 9:14am | 504On June 4, Stifel analyst John Guinee published a research note upgrading office REIT Mack-Cali Realty (NYSE: CLI) from Sell to Hold, a day after the company announced its new senior leadership team: CEO Mitchell Rudin and COO/President Michael DeMarco. Guinee's note was titled, "Portfolio and...
-
Stifel Nudges First Industrial Into Sight
Wednesday, April 22, 2015 - 4:00pm | 717On Tuesday, Stifel Nicolaus & Co. analyst John Guinee published a note titled "Fair Valued By Any Metric," upgrading $2.3 billion cap First Industrial Realty Trust, Inc. (NYSE: FR) from Hold to Buy. Notably, on Monday, First Industrial shareholders were paid a quarterly dividend of $0.1275 per...
-
Stifel Upgrades Corporate Office Properties Trust
Monday, February 23, 2015 - 11:00am | 141On Monday, analysts at Stifel upgraded shares of Corporate Office Properties Trust (NYSE: OFC) from Hold to Buy with a $35 price target. Analyst John Guinee finds the company’s recent 11.25 megawatt lease should add $14 million of net operating income in 2016, “while incurring a...
-
Stifel Upgrades DCT Industrial Trust And Douglas Emmett
Tuesday, December 23, 2014 - 11:15am | 190John Guinee of Stifel upgraded shares of DCT Industrial Trust (NYSE: DCT) to Buy from Hold with a $38 price target. The analyst also upgraded shares of Douglas Emmet (NYSE: DEI) to Hold from Sell. Guinee upgraded DCT Industrial Trust as he believes a dividend increase in 2015 is likely. The...