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Monmouth Real Estate Investment Corporation (MNR)

Stock Price: $17.32 USD -0.23 (-1.31%)
Updated Feb 26, 2021 4:00 PM EST - Market closed
Market Cap 1.73B
Revenue (ttm) 170.08M
Net Income (ttm) -26.40M
Shares Out 98.11M
EPS (ttm) -0.28
PE Ratio n/a
Forward PE 45.87
Dividend $0.68
Dividend Yield 3.93%
Trading Day February 26
Last Price $17.32
Previous Close $17.55
Change ($) -0.23
Change (%) -1.31%
Day's Open 17.50
Day's Range 17.32 - 17.71
Day's Volume 439,853
52-Week Range 8.02 - 18.47

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Zacks Investment Research - 3 weeks ago

Monmouth (MNR) delivered FFO and revenue surprises of -9.52% and -0.36%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

GlobeNewsWire - 3 weeks ago

HOLMDEL, NJ, Feb. 04, 2021 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE:MNR) reported Net Income Attributable to Common Shareholders of $25.7 million or $0.26 per dilu...

GlobeNewsWire - 1 month ago

HOLMDEL, NJ, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE:MNR) today announced the tax treatment of its 2020 distributions.  The following tables summari...

Business Wire - 1 month ago

STAMFORD, Conn.--(BUSINESS WIRE)--Land & Buildings Investment Management, LLC (together with its affiliates, "Land & Buildings") today issued the following letter to shareholders of Monmouth R...

GlobeNewsWire - 1 month ago

HOLMDEL, NJ, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE:MNR) will host its First Quarter 2021 Financial Results Webcast and Conference Call on Thursday...

GlobeNewsWire - 1 month ago

HOLMDEL, N.J., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE: MNR) (“Monmouth” or the “Company”) today announced that its Fiscal 2020 Annual Report is now...

GlobeNewsWire - 1 month ago

HOLMDEL, N.J., Jan. 14, 2021 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE:MNR) (“Monmouth” or the “Company”) today announced that its Board of Directors (the “Board”),...

GlobeNewsWire - 1 month ago

HOLMDEL, N.J, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE: MNR) (“Monmouth” or the “Company”) today announced that its Board of Directors declared a qua...

Seeking Alpha - 1 month ago

This industrial REIT is healthy and will continue to benefit from e-commerce growth. It has maintained or raised its dividend 29 years in a row.

GlobeNewsWire - 1 month ago

Highlights Track Record of Superior Value Creation Overseen by Diverse, Experienced Board of Directors Monmouth Board Is Reviewing Blackwells' Unsolicited Acquisition Proposal

Zacks Investment Research - 1 month ago

Monmouth Real Estate's (MNR) new acquisition of an industrial property is net-leased to Home Depot U.S.A. for 20 years, ensuring steady rental revenues for the company over the long term.

GlobeNewsWire - 2 months ago

Holmdel, New Jersey., Dec. 24, 2020 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE:MNR) today announced the acquisition of a new 657,518 square foot industrial building ...

Seeking Alpha - 2 months ago

As a former real estate developer turned real estate investment trust (REIT) analyst, I'm trained to analyze risk. That's especially true in these continuing COVID-19 times.

Other stocks mentioned: ACC, CONE, DLR, DOC, ESS, EXR, HTA, IIPR, IRM, O, WPC
GlobeNewsWire - 2 months ago

HOLMDEL, N.J., Dec. 21, 2020 (GLOBE NEWSWIRE) -- –Monmouth Real Estate Investment Corporation (NYSE:MNR) today confirmed receipt of an unsolicited proposal from Blackwells Capital LLC (“Blackw...

Market Watch - 2 months ago

Shares of Monmouth Real Estate Investment Corp. surged 5.9% in premarket trading Monday, after investment management firm Blackwells Capital LLC said it made an unsolicited bid to buy Monmouth...

GlobeNewsWire - 2 months ago

Makes All-Cash Offer to Acquire Company for $18.00 per Share

Zacks Investment Research - 2 months ago

Monmouth Real Estate's (MNR) buyout of the advantageously-located industrial property reflects the company's efforts to bank on the healthy fundamentals of the industrial real estate sector.

GlobeNewsWire - 2 months ago

Holmdel, New Jersey, Dec. 17, 2020 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE:MNR) today announced the acquisition of a new 487,900 square foot industrial building l...

Seeking Alpha - 2 months ago

We Are Selling A Few REITs

Other stocks mentioned: BAM, ESRT, GMRE, GNL, HT, KLPEF, MAC, UBA, UBP, VNQ, WPC
Seeking Alpha - 3 months ago

Monmouth Real Estate Investment Corporation (MNR) CEO Michael Landy on Q4 2020 Results - Earnings Call Transcript

Zacks Investment Research - 3 months ago

Monmouth (MNR) delivered FFO and revenue surprises of -9.52% and -0.16%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

GlobeNewsWire - 3 months ago

HOLMDEL, NJ, Nov. 23, 2020 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE:MNR) reported Net Loss Attributable to Common Shareholders of $48.6 million or $0.50 per dilute...

Seeking Alpha - 3 months ago

Kiplinger Investing periodically lists retirement tips. This 41 stock list comes from two articles. One by Brian Bollinger, updated 8/5/20, and another by Charles Lewis Sizemore, CFA, 7/2/19. ...

Other stocks mentioned: CVS, CVX, EBF, ENB, EPD, KMI, MMP, T, UGI, WPC, XOM
Seeking Alpha - 3 months ago

Monmouth common shares might be a good bet if you believe the cap rate compression will continue in industrial properties. The preferred shares offer a higher yield in return for giving up tha...

GlobeNewsWire - 3 months ago

Holmdel, NJ, Nov. 12, 2020 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE:MNR) today announced that Michael P. Landy, President and Chief Executive Officer, Kevin Miller...

Seeking Alpha - 3 months ago

The outcome of the presidential election will have an impact on taxes and regulation. This will cause some REITs to perform better than others.

Other stocks mentioned: BNL, ESRT, FRT, PSB, UBA, UBP
Seeking Alpha - 4 months ago

Interest rates are dropping to lows not seen in recent years and make it challenging for income investors to find acceptable returns.

Other stocks mentioned: BFS, UBA
GlobeNewsWire - 4 months ago

HOLMDEL, NJ, Oct. 08, 2020 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE:MNR) will host its Fourth Quarter and Fiscal Yearend 2020 Financial Results Webcast and Confere...

GlobeNewsWire - 4 months ago

HOLMDEL, NJ, Oct. 01, 2020 (GLOBE NEWSWIRE) -- On October 1, 2020, the Board of Directors of Monmouth Real Estate Investment Corporation (NYSE:MNR) declared its quarterly cash dividend on the ...

Seeking Alpha - 5 months ago

Monmouth Real Estate: One Of The Few Bargains In The Industrial Sector

Seeking Alpha - 5 months ago

Monmouth Real Estate: The Common Shares Are Attractive, The Preferreds A Safe Investment

GlobeNewsWire - 5 months ago

Holmdel, New Jersey, Sept. 15, 2020 (GLOBE NEWSWIRE) -- September 15, 2020 Monmouth Real Estate Investment Corporation (NYSE:MNR) today announced the acquisition of a new 120,780 square foot...

Seeking Alpha - 6 months ago

Monmouth Real Estate Investment Corporation (MNR) CEO Michael Landy on Q3 2020 Results - Earnings Call Transcript

Zacks Investment Research - 6 months ago

Monmouth (MNR) delivered FFO and revenue surprises of -9.09% and -1.85%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

GlobeNewsWire - 6 months ago

HOLMDEL, NJ, Aug. 04, 2020 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE:MNR) reported Net Income Attributable to Common Shareholders of $26.9 million or $0.27 per di...

Seeking Alpha - 6 months ago

3 Blue-Chip REITs On Sale With 6% Yields

Other stocks mentioned: MPW, WPC
Seeking Alpha - 7 months ago

A REIT Roadmap For Retirees

Other stocks mentioned: DOC, WPC
GlobeNewsWire - 7 months ago

HOLMDEL, NJ, July 14, 2020 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE: MNR) (“Monmouth” or the “Company”) today announced the election of Sonal Pande as a Class II...

Zacks Investment Research - 7 months ago

Monmouth (MNR) witnesses solid occupancy and rent-collection numbers amid coronavirus pandemic and related uncertainties.

GlobeNewsWire - 7 months ago

HOLMDEL, NJ, June 29, 2020 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE:MNR) reported today that its occupancy rate from March 1, 2020 through June 30, 2020 averaged...

GlobeNewsWire - 8 months ago

Holmdel, New Jersey, June 19, 2020 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE:MNR) today announced that Company CEO Michael Landy has been invited to present at Th...

GlobeNewsWire - 9 months ago

Holmdel, NJ, May 27, 2020 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE:MNR) today announced that Michael P. Landy, President and Chief Executive Officer, Kevin Mille...

Zacks Investment Research - 9 months ago

Monmouth's (MNR) fourth high-quality acquisition so far in fiscal 2020 is in Utah and the company is seeking to fortify its presence there.

GlobeNewsWire - 9 months ago

Holmdel, New Jersey, May 26, 2020 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE:MNR) today announced the acquisition of a new 69,734 square foot LEED-certified indust...

GlobeNewsWire - 9 months ago

Holmdel, New Jersey, May 21, 2020 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE:MNR) today announced the acquisition of a new 286,281 square foot industrial building ...

Seeking Alpha - 9 months ago

Monmouth Real Estate Investment Corporation (MNR) CEO Michael Landy on Q2 2020 Results - Earnings Call Transcript

GlobeNewsWire - 9 months ago

HOLMDEL, NJ, May 06, 2020 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE:MNR) reported Net Loss Attributable to Common Shareholders of $75.1 million or $0.77 per dilut...

GlobeNewsWire - 9 months ago

Holmdel, New Jersey, April 30, 2020 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE:MNR) today announced that, as a result of the public health threat caused by COVID-1...

Seeking Alpha - 9 months ago

I explore what I consider to be the perfect investment for the inflation-less, low-rates environment that is likely to persist for a long time: net lease REITs.

Other stocks mentioned: ADC, EPR, EPRT, IIPR, NNN, O, SRC, STAG, STOR, VER, WPC
Seeking Alpha - 11 months ago

I'm Buying These Investments During This Sell Off

About MNR

Monmouth Real Estate Investment Corporation, founded in 1968, is one of the oldest public equity REITs in the world. We specialize in single tenant, net-leased industrial properties, subject to long-term leases, primarily to investment-grade tenants. Monmouth Real Estate is a fully integrated and self-managed real estate company, whose property portfolio consists of 121 properties, containing a total of approximately 24.5 million rentable square feet, geographically diversified across 31 states. Our occupancy rate as of this date is 99.7%.

Industry
REIT-Industrial
Founded
1968
CEO
Michael Landy
Employees
14
Stock Exchange
NYSE
Ticker Symbol
MNR
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecasts

According to 9 analysts, the average rating for MNR stock is "Buy." The 12-month stock price forecast is 18.75, which is an increase of 8.26% from the latest price.

Price Target
$18.75
(8.26% upside)
Analyst Consensus: Buy