Retail REITs

The prevailing wisdom on Wall Street is that recessions follow massive interest rate hikes, as high-interest rates slow down sales of real estate, automobiles and credit card spending on nonessential retail goods. What’s more, popular thought is that everyone is shopping online rather than...

If there’s one thing for certain about the stock market, it’s that nobody has a crystal ball to predict the future.  But there are some tenets of investing that seem to maintain validity over time. One constant is that the ability of a company to grow its dividend over time is...

If there’s one thing for certain about the stock market, it’s that nobody has a crystal ball to predict the future.  But there are some tenets of investing that seem to maintain validity over time. One constant is that the ability of a company to grow its dividend over time is...

Every so often an investor comes across two stocks that are both high-quality performers and also pay solid dividends. Then the most difficult part is figuring out which one is the better buy. This is especially true with real estate investment trusts (REITs) within the same subsector. Two REITs...

One of the most popular types of real estate investment trusts (REITs) is the retail REIT. Retail REITs purchase, own and lease commercial space to retail outlets. One reason for the popularity of retail REITs is they frequently lease properties to well-known companies, such as The Home Depot, Lowe...

Although the all-items index increased 7.7% for the twelve months ending October, this was the smallest 12-month increase since the period ending January 2022. Meanwhile, food inflation increased by 0.6% in October to 10.9% unadjusted year-over-year. With food prices facing relentless inflationary...

Using data gathered from Sept. 30, 2019, SP Global reported that over a 10-year period, real estate investment trusts (REITs) dealing with the retail industry had an average annual return of 10.1%. Not only do retail REITs perform well over the long term, they also boast a five-year average...

Pennsylvania Real Estate Investment Trust (NYSE: PEI) last week sold off to a new 52-week low at $2.45 before buyers took it to just slightly higher.  Based in Philadelphia, the company specializes in “the ownership and management of differentiated shopping malls,” according to its...

Retail stocks had mixed results during market hours Friday as early reports suggested the shopping holiday was off to a slower-than-normal start. Real estate investment trusts (REITs) with retail tenants, on the other hand, mostly traded higher Friday.  Alpine Income Property Trust Inc (NYSE:...

If you’re an income investor, it’s important to track how much your stock dividends are growing over time in your portfolio. Stock price movements matter little if you have no intention of ever selling the stock. As long as dividend payments continue unabated, the purpose of your...

Since going public in 1994, Realty Income Corp (NYSE: O) has produced phenomenal shareholder returns. Realty Income's 15.2% compounded annual return reflects management's prudent use of debt and equity capital to acquire single-tenant properties at attractive cap rates, exceeding the cost...

The retail REIT Q3 earnings season kicks off on Tuesday, and shareholders are hoping for some strong numbers following a rough couple of months for REITs. Goldman Sachs analyst Andrew Rosivach said the firm will be watching re-leasing spreads and management commentary this quarter. Goldman will be...

Goldman Sachs has downgraded the sector view of Retail REITs to Neutral from Attractive, and downgraded WP Glimcher Inc (NYSE: WPG) to Neutral on lower earnings and comps. “Overall, we now see a more balanced outlook for Retail REITs and lower our coverage view to Neutral from Attractive...

Goldman Sachs has upgraded Retail REITs to Attractive, saying that investors are overlooking five misconceptions. The brokerage recommends Buy-rated Simon Property Group Inc (NYSE: SPG) and Tanger Factory Outlet Centers Inc. (NYSE: SKT) in the sector. Retail REITs (Real Estate Investment Trusts...

One of the loudest rumors on Wall Street was confirmed Monday when Simon Property Group Inc's (NYSE: SPG) letter detailing its 50/50 cash and SPG common-share bid for Macerich Co (NYSE: MAC) was made public. Simon's $91 per share hostile takeover offer also revealed that competitor...