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Cramer Weighs In On Diamondpeak, Caesars Entertainment And More
On CNBC's "Mad Money Lightning Round," Jim Cramer advised a viewer to take half of his position in DiamondPeak Holdings Corp (NASDAQ: DPHC) off the table.
Benzinga · 9h ago
Cramer's lightning round: Caesars Entertainment 'made a miraculous run back'
"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.
CNBC.com · 22h ago
Dividend Hikes Lift REITs
On another choppy week, U.S. equity markets finished mostly lower despite a solid slate of economic data and assurances from the Federal Reserve that it would keep interest rates near-zero indefinitely.Declining for the third-straight week following a six-week winning streak, the S&P 500 dipped another 1.0% this week and is now roughly 7% below its recent all-time highs.An encouraging slate of dividend news and rent collection updates buoyed real estate equities this week, particularly the more beaten-down property sectors, including malls, hotels, student housing, and mortgage REITs.After the Equity REIT sector was slammed by a wave of 64 dividend cuts in March through June, since then, we've seen far more dividend increases than dividend cuts in the REIT sector, including five more boosts from equity REITs and three from mortgage REITs this week.Housing Heats-Up: Homebuilder Sentiment jumped to the strongest levels on record in September, driven by a surge in Home Buyer Traffic, which far exceeded previous record levels as inventory levels remain historically tight.
Seekingalpha · 3d ago
Here's Why My REITs Beat Your REITs
Over the last several years we've seen larger equity REITs consistently outperform, but the gap becomes even larger with the recession.Tiny equity REITs trade at lower multiples FFO and AFFO, but that shouldn't be your only criteria.Tiny equity REITs have dramatically worse margins across key metrics.Tiny equity REITs have dramatically higher leverage, putting them in a much worse position whenever the economy slides into a recession.Investors are finally realizing that mortgage REITs are for trading, but they still think if they buy-and-hold crap equity REITs it will work out great.
Seekingalpha · 09/14 11:00
GEO Group's 5.125% 2023 Notes Are The Most Compelling Investment Of Its Debt Stack
GEO intends to repay $100 million debt in FY2020 and plans to delever by $50-100 million annually starting in 2021.The dividend cut and contemplated asset sales should help meet the deleveraging goal.GEO has additional room to cut the dividend and reserve the right to follow CoreCivic's de-REIT strategy to enhance financial flexibility.While the initial cut isn't aggressive enough, I think it's a good first step to take.GEO's 5.125% 2023 note is yielding +13% despite being pari passu with other three unsecured notes.
Seekingalpha · 09/08 15:41
46 U.S. REITs By Yield And Broker September Target Guesstimates
Retail Value Inc. again showed top-broker estimated-net gains of 143.49%, while FibraHotel had the top yield (at a sub$1 price) out of 350 U.S. Real Estate Investment Trusts per YCharts 8/26/20.Top 10 net-gainers NREF, ARI, STWD, CHMI, APTS, SACH, AFIN, LADR, ANH, and RVI ranged 24.55%-143.49% 8/26/20. The top 46 US REITs by yield represented 8 of 9 REIT industries.Top US 46 REITs by Yield ranged 8.12%-19.84%. Top ten, ARR, CIM, ORC, ACRE, ARI, RVI, KLPEF, SVC, GEO, and TWO averaged 15.22% yield.32 Top US REITs by broker estimated one-year upsides ranged 1.71% to 129.07%. Top ten, AFIN, BRT, RLJ, RC, LADR, SPG, SVC, ORC, GEO, and RVI, averaged 51.20% upside.$5k invested in the lowest-priced five August top-yield US Real Estate Investment Trusts showed 21.25% LESS net gain than that from $5k invested in all ten. Bigger, higher-priced REITs topped the pack August 26.
Seekingalpha · 08/28 16:38
Is The GEO Group, Inc. (NYSE:GEO) A High Quality Stock To Own?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
Simply Wall St. · 08/27 14:41
Ken Heebner's CGM Reveals Top Trades for 2nd Quarter
Growth-oriented firm sells 2 REITs, buys 2 RV companies
GuruFocus.com · 08/21 23:55
Lead Plaintiff Deadline Alert: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 Investing In The GEO Group, Inc. To Contact The Firm
Newsfile · 08/20 19:22
Capital Growth Exits Philip Morris, Microsoft
GuruFocus.com · 08/19 18:05
No Deal, No Problem
U.S. equity markets continued their seemingly relentless rally this week despite a stalemate in stimulus negotiations as an encouraging slate of employment data quelled concerns about an ebbing recovery.Gaining for the fifth week out of the past six, the S&P 500 rose by 2.5% this week to climb back within 2% of all-time record-highs following a 50% rebound.Amid the busiest week of real estate earning season, Equity REITs finished higher by 1.2% with 12 of 18 property sectors in positive territory while Mortgage REITs gained 2.1%.While less eventful than last quarter, REIT earnings season has seen its share of twists and turns. Only two additional REITs reduced dividends in Q2 after nearly 60 slashed distributions last quarter.Rent collection continues to trend higher across the REIT sector. Residential real estate equities led the way after strong earnings and positive commentary on the state of the U.S. housing market from Zillow.
Seekingalpha · 08/08 13:00
No Deal, No Problem
U.S. equity markets continued their seemingly relentless rally this week despite a stalemate in stimulus negotiations as an encouraging slate of employment data quelled concerns about an ebbing recovery.Gaining for the fifth week out of the past six, the S&P 500 rose by 2.5% this week to climb back within 2% of all-time record-highs following a 50% rebound.Amid the busiest week of real estate earning season, Equity REITs finished higher by 1.2% with 12 of 18 property sectors in positive territory while Mortgage REITs gained 2.1%.While less eventful than last quarter, REIT earnings season has seen its share of twists and turns. Only two additional REITs reduced dividends in Q2 after nearly 60 slashed distributions last quarter.Rent collection continues to trend higher across the REIT sector. Residential real estate equities led the way after strong earnings and positive commentary on the state of the U.S. housing market from Zillow.
Seekingalpha · 08/08 13:00
GEO Group -6.6% as it cuts dividend, trims revenue guidance
GEO Group (NYSE:GEO) drops 6.6% in premarket trading after the company said it expects to reduce its quarterly dividend to 34 cents per share from 48 cents
seekingalpha · 08/06 17:09
GEO Group beats on revenue
GEO Group (NYSE:GEO): Q2 Non-GAAP EPS of $0.36; GAAP EPS of $0.31. Normalized FFO of $0.51 and AFFO of $0.66 per diluted share. Revenue of $587.8M (-4.3% Y
seekingalpha · 08/06 16:01
The GEO Group Reports Second Quarter 2020 Results and Issues Updated Financial and Dividend Guidance
The GEO Group, Inc. (NYSE: GEO) ("GEO"), a fully integrated equity real estate investment trust ("REIT") and a leading provider of evidence-based offender rehabilitation and community reentry services around the globe, reported today its financial results for
Business Wire · 08/06 10:55
Investor Alert: Kaplan Fox Investigates The GEO Group, Inc. For Potential Securities Fraud
Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of The GEO Group, Inc. ("GEO Group" or the "Company") (NYSE: GEO). A complaint has been filed on behalf of investors that purchased or otherwise acquired GEO Group s
PR Newswire · 08/04 21:03
GEO Gr Option Alert: Aug 21 $13 Calls Sweep (22) near the Ask: 854 @ $0.201 vs 991 OI;
Benzinga · 08/03 19:01
Geo Group $564M Contract Titled 'Multi-Texas Contract Detention Facilities, Requirement A' Through Department Of Homeland Security
https://beta.sam.gov/opp/388ec7ba0baa4c4a85fc01d5ed67dc27/view?keywords=&sort=-modifiedDate&index=&is_active=true&page=1
Benzinga · 08/03 17:38
LEAD PLAINTIFF DEADLINE: Johnson Fistel, LLP Encourages Investors to Contact the Firm
Johnson Fistel, LLP, announces that class action lawsuits have been commenced on behalf of shareholders of the publicly-traded companies listed below. The Private Securities Litigation Reform Act of 1995 permits any investor who purchased common stock during t
PR Newswire · 08/02 16:45
Lead Plaintiff Deadline Alert: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 Investing In The GEO Group, Inc. To Contact The Firm
New York, New York--(Newsfile Corp. - July 29, 2020) -  Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in The GEO Group, Inc. ("GEO" or the "Company") (NYSE: GEO) of the September 8, 2020 deadline to seek the role of lead plain
Newsfile · 07/29 18:16