Nuveen Real Estate Income Fund (JRS)
| Market Value | 240.10M |
| Revenue (ttm) | 13.16M |
| Net Income (ttm) | 40.70M |
| Shares Out | 28.89M |
| EPS (ttm) | 1.41 |
| PE Ratio | 5.90 |
| Forward PE | n/a |
| Dividend | $0.68 (8.18%) |
| Ex-Dividend Date | Dec 13, 2024 |
| Volume | 113,493 |
| Open | 8.05 |
| Previous Close | 8.09 |
| Day's Range | 8.05 - 8.37 |
| 52-Week Range | 7.10 - 9.69 |
| Beta | 1.33 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About JRS
Nuveen Real Estate Income Fund is a closed-ended equity mutual fund launched by Nuveen Investments Inc. The fund is managed by Security Capital Research & Management Incorporated. It invests in the public equity markets of the United States. The fund makes its investments in stocks of companies operating in the real-estate sector. It typically invests in growth stocks of companies operating across all market capitalizations. Nuveen Real Estate Income Fund was formed on November 15, 2001 and is domiciled in the United States. [Read more]
News
Earnings Metrics Of Several U.S. Office REITs Drop In Q3
Most US office REITs ended Q3 with weaker operating metrics compared with the previous 3-month period, as demand for offices continued to drop amid higher rent. In terms of recurring EBITDA, 13 office...
At-The-Market Issuance By U.S. REITs Hits All-Time Quarterly High In Q3 2024
Total proceeds raised by US equity real estate investment trusts through at-the-market offering programs rocketed to an all-time high in the third quarter. US REITs raised an aggregate of $7.21 billio...
NAV Monitor: U.S. Equity REITs End November At 6.5% Median Discount
Publicly listed US equity real estate investment trusts closed Nov. 29 at a median 6.5% discount to their consensus net asset value per share estimates. The hotel sector continued to trade at the larg...
REITs: Key Demographic Trends Driving Opportunity
Understanding long-term demographic trends is crucial for real estate investments, with population growth and density significantly impacting property values. The aging U.S. population will drive dema...
Firming Inflation Fizzles Optimism
U.S. equity markets posted their worst week in two months as benchmark interest rates jumped to four-month highs after a critical slate of inflation data showed modestly firming price pressures. Fueli...
JRS: Still Looks Good As An Inflation Hedge, But Rising Rates May Be A Headwind
The Nuveen Real Estate Income Fund offers a 7.56% yield, outperforming many other real estate funds but lagging behind some peers in yield. Despite a lower yield, JRS has delivered a 27.33% total retu...
5 U.S. REITs Suspend Dividends Amid 2024 Cuts
Five US real estate investment trusts have suspended dividends so far this year, while six other REITs have lowered regular dividend payouts. The activity contrasts with the more than one-third of the...
U.S. REITs Log Dip In Short Interest In September
Average REIT short interest fell 8 basis points in September to 3.7% of shares outstanding, per S&P Global Market Intelligence data. The hotel sector followed with a 60-basis point drop, while the off...
Perspectives: Listed REITs - Fall Edition
Public REITs have benefited from a great rotation within equity markets since the end of June, with U.S. REITs returning 13.2% vs. S&P 500 3.7%. Clear evidence of a growth slowdown and moderating infl...
Canadian REITs: Higher Yield Up North
For income-focused investors willing to venture outside the United States, Canadian REITs offer appealing qualities as a potential portfolio diversifier alongside their larger and more established U.S...
JRS: This Solid Real Estate Fund Has Some Tailwinds And Currently Trades At A Discount
Nuveen Real Estate Income Fund invests in real estate securities to provide high income and inflation protection. The Fund's performance year-to-date has been strong, outperforming real estate index a...
The REIT Comeback: Earnings Recap
Over 200 U.S. REITs and homebuilders have reported second-quarter earnings results over the past six weeks, providing critical information on the state of the commercial and residential real estate in...
REIT Earnings Halftime Report
We're at the halfway point of another consequential real estate earnings season, with 75 of the roughly 150 equity REITs and 19 of 38 mortgage REITs now having reported results. Amid an otherwise unde...
JRS: Big Discount Ready For REIT Recovery
JRS is a REIT CEF that offers a high yield of 9.2% and a deep NAV discount exceeding 12%. It is positioned well for a rebounding REIT market. JRS is a well-managed fund that is good for a retirement p...
Why REIT's Didn't Grow In 2023
REIT FFO/share growth in 2023 was stalled due to increased insurance premiums and property taxes. Property taxes jumped from $170B to almost $200B in 2023, while insurance costs doubled as a percentag...