$0.21 EPS Expected for Monmouth R.E. Inv. Corp. (MNR)

November 10, 2017 - By Winifred Garcia

 $0.21 EPS Expected for Monmouth R.E. Inv. Corp. (MNR)
Investors sentiment increased to 1.52 in Q2 2017. Its up 0.46, from 1.06 in 2017Q1. It improved, as 14 investors sold Monmouth R.E. Inv. Corp. shares while 47 reduced holdings. 22 funds opened positions while 71 raised stakes. 43.29 million shares or 1.90% more from 42.49 million shares in 2017Q1 were reported.
Balyasny Asset Mgmt Lc holds 169,552 shares or 0.01% of its portfolio. Blackrock Inc reported 6.03M shares stake. State Board Of Administration Of Florida Retirement System invested in 0% or 41,197 shares. Macquarie Group Ltd has invested 0% in Monmouth R.E. Inv. Corp. (NYSE:MNR). Fmr reported 346,555 shares. Jpmorgan Chase & stated it has 0% in Monmouth R.E. Inv. Corp. (NYSE:MNR). Tiaa Cref Lc holds 0% or 448,861 shares. Manufacturers Life Insur The holds 0% of its portfolio in Monmouth R.E. Inv. Corp. (NYSE:MNR) for 52,964 shares. Intrust State Bank Na has invested 0.06% of its portfolio in Monmouth R.E. Inv. Corp. (NYSE:MNR). State Of New Jersey Common Pension Fund D holds 90,000 shares. Asset Mngmt One has 0.02% invested in Monmouth R.E. Inv. Corp. (NYSE:MNR) for 432,992 shares. Cornerstone Capital reported 0.55% of its portfolio in Monmouth R.E. Inv. Corp. (NYSE:MNR). Morgan Stanley stated it has 0% of its portfolio in Monmouth R.E. Inv. Corp. (NYSE:MNR). New York-based Loeb Prns has invested 0.5% in Monmouth R.E. Inv. Corp. (NYSE:MNR). Nomura Asset Mngmt Ltd holds 0.01% or 47,150 shares.

Since May 15, 2017, it had 2 insider purchases, and 0 sales for $1,998 activity.

Wall Street await Monmouth R.E. Inv. Corp. (NYSE:MNR) to release earnings on November, 27. Analysts forecast EPS of $0.21, up exactly $0.03 or 16.67 % from 2014’s $0.18 EPS. The expected MNR’s profit could reach $15.56 million giving the stock 20.57 P/E in the case that $0.21 earnings per share is reported. After posting $0.19 EPS for the previous quarter, Monmouth R.E. Inv. Corp.’s analysts now forecast 10.53 % EPS growth. About 210,980 shares traded. Monmouth R.E. Inv. Corp. (NYSE:MNR) has risen 27.78% since November 10, 2016 and is uptrending. It has outperformed by 11.08% the S&P500.

Monmouth R.E. Inv. Corp. (NYSE:MNR) Ratings Coverage

Among 5 analysts covering Monmouth Real Estate Investment Corporation (NYSE:MNR), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Monmouth Real Estate Investment Corporation had 11 analyst reports since August 10, 2015 according to SRatingsIntel. As per Tuesday, July 19, the company rating was initiated by Janney Capital. National Securities maintained it with “Buy” rating and $16.50 target in Friday, May 5 report. The stock has “Buy” rating by DA Davidson on Thursday, May 18. The stock of Monmouth R.E. Inv. Corp. (NYSE:MNR) earned “Buy” rating by Wunderlich on Monday, August 10. BMO Capital Markets maintained the shares of MNR in report on Monday, August 24 with “Outperform” rating. On Friday, August 5 the stock rating was maintained by Wunderlich with “Buy”. Wunderlich maintained Monmouth R.E. Inv. Corp. (NYSE:MNR) rating on Friday, May 6. Wunderlich has “Buy” rating and $13 target. DA Davidson maintained it with “Neutral” rating and $16 target in Thursday, December 1 report. The stock of Monmouth R.E. Inv. Corp. (NYSE:MNR) has “Market Perform” rating given on Friday, December 2 by BMO Capital Markets.

Monmouth Real Estate Investment Corporation is a real estate investment trust . The company has market cap of $1.28 billion. The Company’s primary business is the ownership of real estate. It has a 58.34 P/E ratio. The Company’s investment focus is to own single tenant, industrial buildings and leased to investment-grade tenants or their subsidiaries on long-term net leases.

More notable recent Monmouth R.E. Inv. Corp. (NYSE:MNR) news were published by: Prnewswire.com which released: “Monmouth Real Estate Investment Corporation Announces Redemption In Full Of 7 …” on May 05, 2017, also Prnewswire.com with their article: “Monmouth Real Estate Will Host Fourth Quarter And Fiscal Yearend 2017 …” published on October 16, 2017, Prnewswire.com published: “Monmouth Real Estate Investment Corporation Announces The Election Of Greg …” on September 12, 2017. More interesting news about Monmouth R.E. Inv. Corp. (NYSE:MNR) were released by: Prnewswire.com and their article: “Monmouth Real Estate Investment Corporation Announces The Election Of Kevin S …” published on June 21, 2017 as well as Prnewswire.com‘s news article titled: “Monmouth Real Estate Investment Corporation To Participate In REITWeek 2017 …” with publication date: May 30, 2017.

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