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Best Momentum Stocks to Buy for June 9th
ZACKS· 2025-06-09 15:01
Group 1 - Dycom Industries, Inc. (DY) is a company providing specialty contracting services to the telecommunications sector, holding a Zacks Rank 1 with a 3.9% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Dycom's shares have gained 77.8% over the last three months, significantly outperforming the S&P 500's advance of 6.9%, and the company has a Momentum Score of A [1] Group 2 - Peakstone Realty Trust (PKST) is a real estate investment trust with a Zacks Rank 1, experiencing a 14.7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Peakstone Realty's shares have gained 8.6% over the last three months, also outperforming the S&P 500's advance of 6.9%, and the company possesses a Momentum Score of A [4] - Postal Realty shares gained 2.8% over the past six months, contrasting with the S&P 500's decline of 0.5%, and the company has a Momentum Score of B [4]
New Strong Buy Stocks for June 9th
ZACKS· 2025-06-09 12:16
Group 1: Stocks with Increased Earnings Estimates - E.W. Scripps Company (SSP) has seen a 14.3% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - MYR Group Inc. (MYRG) has experienced a nearly 6% increase in the Zacks Consensus Estimate for its next year earnings over the last 60 days [1] - Swedbank AB (publ) (SWDBY) has had a 9.5% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Postal Realty Trust, Inc. (PSTL) has seen a 5.2% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Peakstone Realty Trust (PKST) has experienced a 14.7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3]
Best Value Stocks to Buy for June 9th
ZACKS· 2025-06-09 11:26
Learn more about the Value score and how it is calculated here. See the full list of top ranked stocks here. Here is a stock with buy rank and strong value characteristics for investors to consider today, June 9: Peakstone Realty Trust (PKST) : This real estate investment trust carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 14.7% over the last 60 days. Peakstone has a price-to-earnings ratio (P/E) of 5.16, compared with 12.00 for the industry. T ...
Allied Releases Environmental, Social and Governance Report
Globenewswire· 2025-06-09 11:25
Core Insights - Allied Properties Real Estate Investment Trust published its 2024 Environmental, Social and Governance (ESG) Report, highlighting its commitment to sustainability and operational performance [1] Environmental Initiatives - In 2024, Allied set near- and long-term greenhouse gas (GHG) emissions reduction targets for its rental and development portfolios, validated by the Science Based Targets initiative (SBTi) in May 2025 [2] - The company achieved its five-year environmental reduction targets and was recognized by Sustainalytics as one of the ESG Top-Rated Companies [2] - The percentage of Allied's portfolio certified to LEED and/or BOMA BEST increased from 41% in 2023 to 48% in 2024 [2] Social Performance - Allied's Net Promoter Score increased by 30% from 2023, surpassing the industry average by 150% [3] - The company launched its 2024+ Equity, Diversity and Inclusion (EDI) Roadmap, with 93% of building users rating its commitment to EDI as excellent or good [3] Governance and Reporting Standards - The 2024 ESG Report aligns with the Global Reporting Initiative (GRI) 2021 Universal Standards, SASB Real Estate Standard, Task Force on Climate-related Financial Disclosures (TCFD) recommendations, and the United Nations Sustainable Development Goals [4]
AIP Realty Trust Announces Non-Brokered Offering of Preferred Units and Provides Update on AllTrades Transaction and Concurrent Financing
Globenewswire· 2025-06-09 11:00
VANCOUVER, British Columbia, June 09, 2025 (GLOBE NEWSWIRE) -- AIP Realty Trust (the "Trust" or "AIP") (TSXV: AIP.U) is pleased to announce a non-brokered private placement (the "Financing") in which the Trust intends to issue up to 14,000,000 Preferred Units – Series B Convertible (each, a "Preferred Unit"), at a price of US$0.50 per Preferred Unit for aggregate gross proceeds of up to US$7,000,000. The Trust is also pleased to provide an update on the progress of the AllTrades Transaction. As previously d ...
AGNC Investment: Its High Yield Looks Tempting -- Why the Stock May Be Ready to Rebound
The Motley Fool· 2025-06-07 11:45
Core Viewpoint - AGNC Investment has a high dividend yield of approximately 16%, but its stock price has been declining, raising questions about the sustainability of its payout and whether it is a good investment opportunity [1]. Group 1: Company Overview - AGNC is a mortgage real estate investment trust (mREIT) that primarily invests in agency mortgage-backed securities (MBS) guaranteed by Fannie Mae and Freddie Mac, which carry virtually no credit risk [1]. - The company has faced significant challenges due to rising mortgage interest rates and widening spreads between MBS yields and Treasury yields [2][3]. Group 2: Financial Performance - AGNC's tangible book value (TBV) has decreased by 45% from $15.75 at the end of 2021 to $8.70 per share by the end of 2023, and further declined to $8.25 at the end of Q1 2025 [4]. - The company has maintained its dividend payout despite a challenging environment, although this has impacted its TBV [10]. Group 3: Market Conditions - The Federal Reserve's aggressive interest rate hikes have contributed to higher mortgage rates, which have negatively affected AGNC's performance [2]. - The yield curve has been inverted, which is unfavorable for AGNC's income generation model, but it has recently flipped to a positive slope, potentially benefiting the company [7][8]. Group 4: Future Outlook - Fed Chairman Jerome Powell has indicated potential rate cuts, which could lower AGNC's short-term funding costs and improve MBS valuations, positively impacting TBV [5][6]. - If MBS-to-Treasury yield spreads narrow as banks re-enter the MBS market, AGNC could see a recovery in both its book value and share price, leading to potential total returns of 20% to 25% annually in the coming years [13][14]. Group 5: Investment Considerations - AGNC is characterized as a high-risk, high-reward income investment, with the current market conditions possibly turning in its favor after enduring the impact of higher interest rates [15]. - For income-focused investors, AGNC presents a high yield with strong potential upside, although it requires active management and understanding of associated risks [16].
Vornado Completes Refinancing of Independence Plaza
Globenewswire· 2025-06-05 20:25
Core Viewpoint - Vornado Realty Trust has successfully refinanced a $675 million loan for Independence Plaza, indicating a strategic financial maneuver in response to changing interest rates and market conditions [1]. Company Overview - Vornado Realty Trust is identified as a fully-integrated equity real estate investment trust, focusing on managing and investing in real estate properties [2]. Financial Details - The refinancing involves a five-year interest-only loan with a fixed rate of 5.84%, maturing in June 2030, replacing a previous loan that had a lower interest rate of 4.25% and was set to mature in July 2025 [1]. - The total amount of the refinancing is $675 million, which remains unchanged from the prior loan [1]. - The decision to refinance reflects the company's adaptation to current financial conditions, particularly in light of rising interest rates [1].
Rexford Industrial Releases Environmental, Social and Governance Impact and TCFD Reports
Prnewswire· 2025-06-05 20:10
Core Viewpoint - Rexford Industrial Realty, Inc. emphasizes its commitment to Environmental, Social, and Governance (ESG) principles, showcasing measurable impacts and future strategies to enhance sustainability and stakeholder value [2][4]. ESG Goals and Achievements - In 2024, the company achieved significant milestones through its ESG strategy, including avoiding an estimated 28,500 metric tons of emissions by repurposing buildings and expanding solar capacity [7] - The societal impact generated by the company is estimated at $1.5 billion, attributed to neighborhood revitalization, job creation, and community engagement [7] - Strong governance practices were upheld, including enhanced cybersecurity measures and outreach to shareholders representing approximately 94% of outstanding shares [7] Future Strategies - The company plans to develop asset-level decarbonization plans, expand green building certifications, and scale solar energy capacity [4] - Continued community engagement and team development are identified as key drivers for long-term value [4] Company Overview - Rexford Industrial operates in Southern California's industrial real estate market, which is characterized by high demand and low supply [6] - As of March 31, 2025, the company’s portfolio includes 424 properties with approximately 51.0 million rentable square feet [6] - The company is structured as a real estate investment trust (REIT) and is a member of the S&P MidCap 400 Index [6]
European Residential Real Estate Investment Trust Announces Results of 2025 Annual Meeting
Globenewswire· 2025-06-04 16:04
Core Points - European Residential Real Estate Investment Trust (ERES) held its Annual Meeting of Unitholders where all items of business were passed by a ballot vote [1] - A total of 190,046,727 units representing 81.07% of ERES's issued and outstanding units were voted [2] - All nominees proposed in the management information circular were elected as trustees with high approval rates, ranging from 96.67% to 99.82% [2] - Ernst & Young LLP was re-appointed as auditors with 99.82% approval [3] Company Overview - ERES is an unincorporated, open-ended real estate investment trust listed on the TSX under the symbol ERE.UN [4] - It is Canada's only European-focused multi-residential REIT, owning 2,594 residential suites and ancillary retail space in the Netherlands, along with one commercial property in Germany and one in Belgium [4] - The total fair value of ERES's properties is approximately €729.1 million as of March 31, 2025 [4]
Starwood Capital Group Closes Private-Credit Focused Vehicles at Total Valuation of $2.86 Billion
Prnewswire· 2025-06-03 12:30
Group 1 - Starwood Capital Group announced the closing of its latest private credit-focused vehicles, totaling capital commitments of $2.86 billion [1][2] - The successful fundraises signify a milestone in the expansion of Starwood Capital's global real estate credit business, having completed over $100 billion in lending transactions since 2010 [2][5] - Starwood Capital operates a fully integrated real estate lending platform supported by a team of over 60 professionals, providing customized financing solutions [3][4] Group 2 - The firm has raised over $85 billion of capital since its inception in 1991 and currently manages approximately $115 billion in assets [5][6] - Starwood Capital manages Starwood Property Trust, the largest commercial mortgage REIT in the U.S., which has deployed over $102 billion of capital and manages a portfolio exceeding $25 billion [6][7] - The company leverages its large owned portfolio and active affiliates to gain significant real-time information across asset classes and geographies [7]