Neuberger Berman Real Estate Securities Income Fund Inc. (NRO)

NYSEAMERICAN: NRO · Real-Time Price · USD
3.775
-0.045 (-1.18%)
Nov 20, 2024, 3:59 PM EST - Market closed
-1.18%
Market Value 179.21M
Revenue (ttm) 9.86M
Net Income (ttm) 8.89M
Shares Out 47.47M
EPS (ttm) 0.19
PE Ratio 20.14
Forward PE n/a
Dividend $0.37 (9.85%)
Ex-Dividend Date Nov 15, 2024
Volume 86,740
Open 3.820
Previous Close 3.820
Day's Range 3.770 - 3.829
52-Week Range 2.820 - 4.150
Beta 1.45
Analysts n/a
Price Target n/a
Earnings Date n/a

About NRO

Neuberger Berman Real Estate Securities Income Fund, Inc. is a closed-ended equity mutual fund launched and managed by Neuberger Berman LLC. It is co-managed by Neuberger Berman Management LLC. The fund invests in the public equity markets of the United States. It typically invests in stocks of companies operating in the real estate sector including real estate investment trusts. The fund invests in growth stocks of companies operating across all market capitalizations. It employs a fundamental analysis including direct real estate analysis, on... [Read more]

Sector Financials
Founded 2003
Country United States
Stock Exchange NYSEAMERICAN
Ticker Symbol NRO
Full Company Profile

News

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...

3 days ago - Seeking Alpha

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...

15 days ago - Seeking Alpha

NEUBERGER BERMAN REAL ESTATE SECURITIES INCOME FUND ANNOUNCES MONTHLY DISTRIBUTION

NEW YORK , Oct. 31, 2024 /PRNewswire/ -- Neuberger Berman Real Estate Securities Income Fund Inc. (NYSE American: NRO) (the "Fund") has announced a distribution declaration of $0.0312 per share of com...

20 days ago - PRNewsWire

NRO: Real Estate Still Belongs In Your Portfolio

The Neuberger Berman Real Estate Securities Income Fund offers a 9.48% yield, making it an attractive option for income-focused investors seeking inflation protection. Real estate investment trusts hi...

26 days ago - Seeking Alpha

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...

5 weeks ago - Seeking Alpha

Rate Cut Rethink

U.S. equity markets extended gains to a fifth-straight week despite a continued upswell in benchmark interest rates, as investors weighed a solid start to earnings season against lukewarm inflation da...

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5 weeks ago - Seeking Alpha

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...

7 weeks ago - Seeking Alpha

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...

7 weeks ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

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...

4 months ago - Seeking Alpha

3 REIT Types Poised To Soar

REITs are surging in value right now. Some REITs have a lot more upside potential than others. Here are three types of REITs that will soar.

4 months ago - Seeking Alpha

NRO: This Real Estate Fund Might Have Some Tailwinds In The Near Future

Neuberger Berman Real Estate Securities Income Fund Inc aims to provide high income from real estate securities, with a yield of 10.73%. The NRO closed-end fund's performance has been mixed, outperfor...

4 months ago - Seeking Alpha

REITs Rip As Rates Retreat

U.S. equity markets climbed to record highs, while benchmark interest rates dipped to four-month lows as investors rotated from high-flying growth stocks into beaten-down value names following a coole...

4 months ago - Seeking Alpha

Why More Rate Cuts May Be Needed To Help Lift REITs

Rate cuts have finally arrived, but why hasn't it benefitted REITs? What's needed to lift the REITs market. Why REITs are still struggling.

5 months ago - Seeking Alpha

Jobs Data Dilemma

U.S. equity markets posted mixed performance as investors parsed a perplexing slate of employment data, showing clear signs of cooling across essentially all metrics except for the "headline" payrolls...

5 months ago - Seeking Alpha

Eyes On The ECB

U.S. equity and bond markets staged a late-week rebound, erasing early-week declines prompted by disappointing Eurozone inflation data, after the crucial PCE inflation gauge posted its smallest increa...

6 months ago - Seeking Alpha

8 Surprising Reasons REITs Will Save You Big On Taxes

REITs are historically cheap right now. They also offer significant tax benefits. Here are 8 REIT tax advantages that are underappreciated.

6 months ago - Seeking Alpha

Rally Gets Reality Check

U.S. equity markets snapped a four-week winning streak while benchmark interest rates rebounded as hopes for imminent major central bank monetary easing were curtailed by stubbornly hot U.K. inflation...

Other symbols: AMTBBREBRXDRNDRVEQIXFR
6 months ago - Seeking Alpha

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...

6 months ago - Seeking Alpha

Surprise Spring Slowdown

U.S. equity markets climbed to fresh record highs, while benchmark interest rates dipped to one-month lows after a critical slate of inflation and retail sales data showed an unexpected cooldown. Refl...

Other symbols: ADCAHRAVBBBRECIMDLRDRN
6 months ago - Seeking Alpha

NRO: Discount Narrowing Provides Stronger Returns, But Could Be Time To Swap

Neuberger Berman Real Estate Securities Income Fund has seen some impressive total returns over the last year since our prior coverage. NRO provides investors with exposure to both real estate equity ...

7 months ago - Seeking Alpha

Why I'm Steering Clear Of REIT ETFs

Active managers typically underperform their passive benchmarks. REITs are an exception in which stock-picking can be lucrative. I explain why this is.

7 months ago - Seeking Alpha

2 Years Of Gloom Have Done Interesting Things To REIT Valuation

REITs experienced a 26% drop in prices due to rising interest rates, creating opportunities for investors. Despite the overall decline, many REIT sectors, such as industrial, multifamily, and manufact...

7 months ago - Seeking Alpha

A Crude Problem

U.S. equity markets declined this week while benchmark interest rates jumped to the highest level since November after stronger-than-expected employment data showed robust hiring trends in early 2024....

Other symbols: AREBBREBNLBXCTOCTREDHC
8 months ago - Seeking Alpha

Investing In Real Estate Through REITs

Real estate investment through REITs is popular because REITs distribute generous dividends and also they're easy to understand.

8 months ago - Seeking Alpha