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