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Zacks Initiates Coverage of Medalist Diversified REIT With Neutral Recommendation
ZACKS· 2025-05-29 16:01
Zacks Investment Research has recently initiated coverage of Medalist Diversified REIT, Inc. (MDRR) , assigning a "Neutral" recommendation to the company's shares. This assessment comes amid a mixed outlook for the company, which has been making notable strides in the real estate investment trust (REIT) space despite industry challenges.MDRR, headquartered in Richmond, VA, is a REIT specializing in acquiring, repositioning, renovating, leasing and managing income-producing properties. Its portfolio centers ...
Mastercard Incorporated (MA) Bernstein 41st Annual Strategic Decisions Conference (Transcript)
Seeking Alpha· 2025-05-28 22:48
Mastercard Incorporated (NYSE:MA) Bernstein 41st Annual Strategic Decisions Conference May 28, 2025 2:30 PM ET Company Participants Michael Miebach - CEO Conference Call Participants Harshita Rawat - Bernstein Harshita Rawat Great. I think you're live. Good afternoon again everyone. I'm Harshita Rawat, Bernstein's Senior Analyst covering Payments Processors and IT Services. I'm delighted to be joined today by Michael Miebach, Mastercard's CEO at Bernstein's 41st Annual Strategic Decisions Conference. Michae ...
2 Beaten-Down Tech Stocks to Watch in June
The Motley Fool· 2025-05-28 22:10
Even though the S&P 500 has recovered most of its losses in 2025, this has been a challenging year for some stocks as they grapple with regulatory challenges and economic uncertainty. Let's explore the pros and cons for Super Micro Computer (SMCI 0.91%) and Alphabet (GOOGL -0.38%) (GOOG -0.40%). Super Micro Computer Down 65% from an all-time high of $119 reached in early 2024, Super Micro Computer's stock crash predates Trump's trade war. Last year, the company was hit by a short-seller report accusing it o ...
Veris Residential Declares Second Quarter 2025 Cash Dividend
Prnewswire· 2025-05-28 20:15
Core Viewpoint - Veris Residential, Inc. has declared a cash dividend of $0.08 per share for the second quarter of 2025, payable on July 10, 2025, to shareholders of record as of June 30, 2025 [1]. Group 1: Dividend Announcement - The cash dividend for the second quarter of 2025 is set at $0.08 per share [1]. - The payment date for the dividend is July 10, 2025 [1]. - Shareholders must be on record by June 30, 2025, to receive the dividend [1]. Group 2: Future Dividend Considerations - Future dividends will be subject to Board approval and will consider various factors such as AFFO, cash flows from operations, taxable income estimates, and capital requirements [2]. Group 3: Company Overview - Veris Residential, Inc. is a multifamily REIT focused on Class A properties in the Northeast [3]. - The company operates a technology-enabled, vertically integrated platform aimed at enhancing the living experience for residents [3]. - The management team and Board of Directors emphasize strong corporate governance and a meritocratic culture [3].
Okta Delivers Record Q1 Profitability
The Motley Fool· 2025-05-28 17:18
Core Insights - Okta reported a 12% year-over-year total revenue growth for fiscal Q1 2026, achieving record profitability and strong cash flow [1] - The company introduced suite-based pricing and emphasized accelerating product innovation in both human and nonhuman identity [1][8] - Full-year fiscal 2026 guidance includes 9%-10% revenue growth, a 25% adjusted operating margin, and a 27% free cash flow margin [1][10] Revenue and Profitability - The company achieved record profitability alongside a 12% year-over-year revenue growth [1] - Guidance for Q2 fiscal 2026 anticipates 10% revenue growth and a 26% adjusted operating margin [10] Strategic Initiatives - Okta restructured its salesforce to specialize teams into dedicated Okta and Auth0 sellers, leading to strong new business performance and public sector wins [3] - The company launched suite-based pricing to meet customer demand for consolidation, enhancing cross-sell opportunities [8][9] Product Innovation - Workflow executions increased nearly 400% over the past three years, reaching nearly 40 billion in March [5] - Okta's identity governance suite and tools for managing nonhuman identities gained traction, with partners reporting readiness for mainstream adoption [5][6] Market Position and Outlook - The company emphasized its unique status as an independent identity provider with over 8,000 integrations, allowing flexibility without vendor lock-in [8][9] - Management has incorporated economic prudence into its forward outlook, anticipating seat headwinds in the first half of FY2026 [10]
Extra Space Storage: Solid Q1 Results, Buy The Leader In Self Storage
Seeking Alpha· 2025-05-28 13:15
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or ...
DIAMONDROCK HOSPITALITY ANNOUNCES SECOND QUARTER 2025 EARNINGS RELEASE AND CONFERENCE CALL
Prnewswire· 2025-05-28 12:30
Company Overview - DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that owns a diversified portfolio of hotels concentrated in leisure destinations and top gateway markets [4] - The Company currently owns 36 premium quality hotels and resorts with approximately 9,600 rooms [4] - The portfolio includes both leading global brand hotels and independent boutique hotels in the lifestyle segment [4] Financial Reporting - The Company will report financial results for the second quarter of 2025 after the market closes on Thursday, August 7, 2025 [1] - A conference call to discuss the financial results and business outlook will be held on Friday, August 8, 2025, at 9:00 a.m. Eastern Time [1] Conference Call Details - The conference call will be accessible by telephone and through the internet, with registration required for participation [2] - A replay of the call will be available two hours after the live call for a limited time on the Company's website [3]
Is Meta Platforms' Business in Trouble?
The Motley Fool· 2025-05-28 08:25
Meta Platforms (META 2.32%), the social media giant that owns Facebook, Instagram, and WhatsApp, has been a growth beast in recent years. Its revenue is growing at a fast pace, and the stock is soaring. Since the start of 2023, the stock price is up 431%. But past performance, as they say, is no guarantee of future performance. Could there be trouble ahead for the company? A recent report from The Wall Street Journal discussed some significant shortcomings in Meta's business, which it says could make Meta v ...
Zscaler to Accelerate Innovation in AI-Powered Security Operations with Acquisition of Red Canary
GlobeNewswire News Room· 2025-05-27 20:21
Core Insights - Zscaler has announced a definitive agreement to acquire Red Canary, enhancing its capabilities in Managed Detection and Response (MDR) and threat intelligence [1][2] - The acquisition aims to integrate Zscaler's AI-driven workflows with Red Canary's expertise, creating a unified Security Operations Center (SOC) [1][3] - Zscaler protects nearly 45% of Fortune 500 organizations and processes over 500 billion daily transactions, establishing itself as a leader in cloud security [2][4] Company Overview - Zscaler operates the world's largest cloud security platform, leveraging a massive data lake to develop advanced AI-driven solutions [2][4] - Red Canary has over 10 years of experience in security operations, recognized as a leader in the Forrester Wave™ for MDR for three consecutive years [2][4] - The integration of both companies is expected to enhance threat detection and response capabilities, addressing common operator pain points [3][4] Strategic Goals - The acquisition is seen as a natural expansion of Zscaler's capabilities, aiming to accelerate the vision of an AI-powered SOC of the future [2][3] - By combining resources, the companies aim to improve the speed and efficiency of threat detection and response, helping organizations tackle modern security challenges [3][4] - The transaction is subject to customary closing conditions and is expected to close in August 2025 [4]
Safehold Closes Ground Lease for Massachusetts Multifamily Development
Prnewswire· 2025-05-27 20:05
Core Insights - Safehold Inc. has successfully closed a ground lease for the development of The Benjamin, a 364-unit multifamily project in the Boston MSA, marking its first deal with The Michaels Organization [1][2] - The company emphasizes the growing adoption of its ground lease solution for multifamily projects in major metropolitan areas, aiming to provide low-cost, long-term capital to maximize value for owners [2][4] - Safehold's portfolio includes over 85 multifamily assets across top markets in the United States, showcasing its diversified investment strategy [3] Company Overview - Safehold Inc. is a pioneer in the modern ground lease industry, established in 2017, and focuses on enhancing real estate ownership by unlocking land value beneath buildings [4] - The company operates as a real estate investment trust (REIT), aiming to deliver safe, growing income and long-term capital appreciation to its shareholders [4]