REIT https://www.benzinga.com/views/taxonomy/term/142059 en Wells Fargo: Omega Healthcare Fairly Valued At Current Levels, Further Dividend Raises 'Unlikely' In 2018 https://www.benzinga.com/analyst-ratings/analyst-color/18/06/11927499/wells-fargo-omega-healthcare-fairly-valued-at-current-l <p>Following its meeting with management of <strong> Omega Healthcare Investors Inc </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ohi#NYSE">OHI</a>), Wells Fargo came away with its optimism tempered.</p> <h3>The Analyst</h3> <p>Todd Stender downgraded Omega Healthcare from Outperform to Market Perform and maintained his $22 price target.</p> <h3>The Thesis</h3> <p><a href="https://www.benzinga.com/analyst-ratings/analyst-color/17/12/10945293/cantor-fitzgerald-likes-out-of-favor-omega-healthcare">Omega Healthcare&#39;s</a> fundamentals, including its rent coverage ratios and census, are favorable, as overall portfolio quality benefits from &quot;operator swap-outs and asset sales,&quot; Stender said in a note. The analyst believes these positives are already discounted by shares, which he said are &quot;fairly valued&quot; at current levels.</p> <p>Stender maintained his price target, derived on the assumption interest rates will be slowly raised ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/18/06/11927499/wells-fargo-omega-healthcare-fairly-valued-at-current-l alt=Wells Fargo: Omega Healthcare Fairly Valued At Current Levels, Further Dividend Raises &#039;Unlikely&#039; In 2018>Full story available on Benzinga.com</a></p> Analyst Color OHI REIT Todd Stender Wells Fargo Securities Downgrades Analyst Ratings Real Estate OHI US6819361006 Analyst Color REIT Downgrades Analyst Ratings Real Estate Benzinga Mon, 25 Jun 2018 14:21:35 +0000 Shanthi Rexaline 11927499 at https://www.benzinga.com A Look Back At What's Happened To Each Sector Through The First Half Of 2018 (Part 2) https://www.benzinga.com/real-estate/reit/18/06/11902103/a-look-back-at-whats-happened-to-each-sector-through-the-first-half- <p>It may not be as large as the bond market or as ubiquitous as real estate, but the stock market is definitely the most talked about of the financial markets.</p> <p>And while this has pretty much always been the case, the rise of index investing and robo-advisors in the last decade or so has certainly opened up the stock market to a new generation of investors.</p> <p>For those just getting into the market or testing their chops in <a href="https://www.quickenloans.com/blog/Fantasy-stock-league" style="text-decoration:none"><strong>Quicken Loans fantasy stock league</strong></a>, we&rsquo;ve put together a primer on just what is happening across each of the main sectors. There are 11 sectors according to the<a href="https://www.msci.com/gics" style="text-decoration:none"><u> </u>global industry classification standard</a>, and here&rsquo;s what each of them has done in the first half 2018.</p> <p>We already covered the 2018 performance of <a href="https://www.benzinga.com/etfs/sector-etfs/18/06/11902085/a-look-back-at-whats-happened-to-each-sector-through-the-first-half-">the five largest sectors in this article</a>, here&rsquo;s a breakdown of the rest.</p> <h3><strong>Energy</strong></h3> <p>2018 has seen the resurgence of oil, with West Texas Intermediate-grade (WTI) oil priced above the $60 benchmark that most analysts consider a healthy range for the commodity. This sustained price strength, which briefly surpassed $70 in mid-May, means higher margins for companies like <strong>Exxon Mobil Corporation </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/xom#NYSE">XOM</a>), <strong>Chevron Corporation </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cvx#NYSE">CVX</a>), <strong>ConocoPhillips </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cop#NYSE">COP</a>) and drilling supply company <strong>Schlumberger Limited. </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/slb#NYSE">SLB</a>).</p> <p>Other industries under the energy umbrella, such as natural gas concerns <strong>Newfield Exploration </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nfx#NYSE">NFX</a>) and <strong>Continental Resources, Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/clr#NYSE">CLR</a>), have also found upside in the high global demand for energy. Heading into the second half of 2018, investors in this sector should be aware of the potential for falling demand as world&rsquo;s central banks raise interest rates to stem possible inflation, which could have a negative impact on price.</p> <p>The<strong> Energy Select Sector SPDR ETF</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/xle#NYSE">XLE</a>) is up 3.67 percent year-to-date as of this writing.</p> <h3><strong>Consumer Staples</strong></h3> <p>On the other end of the consumer spending scale are manufacturers and suppliers of food, health, and other consumable goods. Typically these companies have stock charts that plot a slow and steady pattern and are considered long-term investments that store value. However, Multinational food and household goods companies like <strong>Kraft Heinz Co</strong>. (NASDAQ: <a class="ticker" ...</p><p><a href=https://www.benzinga.com/real-estate/reit/18/06/11902103/a-look-back-at-whats-happened-to-each-sector-through-the-first-half- alt=A Look Back At What&#039;s Happened To Each Sector Through The First Half Of 2018 (Part 2)>Full story available on Benzinga.com</a></p> AA AES CLR CMCSA consumer staples COP CVX energy FOXA JNJ KHC KO LEN materials NEE NEM NFX PLD REIT ROKU Sector ETFs SLB SRE T telecommunication TMUS TOL TWX Utilities X XLB XLE XLP XLRE XLU XOM Markets ETFs General Real Estate XLB US81369Y1001 XLE US81369Y5069 XLP US81369Y3080 XLU US81369Y8865 CMCSA US20030N1019 AA US0138171014 AES US00130H1059 CLR US2120151012 COP US20825C1045 CVX US1667641005 JNJ US4781601046 KO US1912161007 LEN US5260571048 NEM US6516391066 NFX US6512901082 PLD US74340W1036 SLB AN8068571086 SRE US8168511090 T US00206R1023 TOL US8894781033 TWX US8873173038 X US9129091081 XOM US30231G1022 NEE US65339F1012 TMUS US8725901040 FOXA US90130A1016 KHC XLRE ROKU Sector ETFs REIT Markets ETFs General Real Estate Benzinga Tue, 19 Jun 2018 15:57:23 +0000 Chris Dier-Scalise 11902103 at https://www.benzinga.com JPMorgan Enters The REIT ETF Space https://www.benzinga.com/trading-ideas/long-ideas/18/06/11897522/jpmorgan-enters-the-reit-etf-space <p><strong>JPMorgan Chase &amp; Co.&#39;s</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/jpm#NYSE">JPM</a>) J.P. Morgan Asset Management, a unit that includes the bank&#39;s exchange traded funds business, introduced its first plain vanilla ETF Monday and entered&nbsp;the field of funds offering exposure to real estate investment trusts.</p> <p>The <strong>JPMorgan BetaBuilders MSCI US REIT ETF </strong>(CBOE: BBRE) debuted yesterday. The new ETF tracks the MSCI US REIT Index, one of the most widely followed REIT benchmarks.</p> <h3>What Happened</h3> <p>BBRE&#39;s underlying &ldquo;index is based on the MSCI USA Investable Market Index, its parent index, which captures the large-, mid- and small-cap segments of the USA market,&rdquo; <a href="http://markets.businessinsider.com/news/stocks/j-p-morgan-asset-management-launches-us-reit-etf-based-on-msci-us-reit-index-1027168943">according ...</a></p><p><a href=https://www.benzinga.com/trading-ideas/long-ideas/18/06/11897522/jpmorgan-enters-the-reit-etf-space alt=JPMorgan Enters The REIT ETF Space>Full story available on Benzinga.com</a></p> JPM Long Ideas News REIT Sector ETFs VNQ New ETFs Top Stories Trading Ideas ETFs Real Estate VNQ US9229085538 JPM US46625H1005 Long Ideas Sector ETFs News REIT New ETFs Top Stories Trading Ideas ETFs Real Estate Benzinga Tue, 19 Jun 2018 13:40:47 +0000 ETF Professor 11897522 at https://www.benzinga.com American Campus Communities Is Set To Gain Market Share, BofA Says In Upgrade https://www.benzinga.com/analyst-ratings/analyst-color/18/06/11880155/american-campus-communities-is-set-to-gain-market-share <p><b>American Campus Communities, Inc.</b> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/acc#NYSE">ACC</a>) is poised to gain market share within the &quot;defensive&quot; REIT space, according to Bank of America Merrill Lynch.&nbsp;</p> <h3> <strong>The Analyst</strong></h3> <p>Analyst Juan Sanabria upgraded <a href="https://www.benzinga.com/stock/acc">American Campus Communities</a>&nbsp;from Neutral to Buy with a price target lifted from $43 to $46.50.</p> <h3> <strong>The Thesis</strong></h3> <p>The overall real estate cycle continues to mature, but student housing stands out within the <a href="https://www.benzinga.com/real-estate/reit&lt;br /&gt;">REIT group</a> given a &quot;significant&quot; amount of capital inflows, especially from overseas sources, Sanabria said in the upgrade note.</p> <p>American Campus is uniquely positioned to benefit from ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/18/06/11880155/american-campus-communities-is-set-to-gain-market-share alt=American Campus Communities Is Set To Gain Market Share, BofA Says In Upgrade>Full story available on Benzinga.com</a></p> ACC Analyst Color Bank of America EDR Housing Juan Sanabria REIT Student Housing Upgrades Price Target Analyst Ratings Real Estate ACC US0248351001 EDR US28140H1041 Analyst Color REIT Upgrades Price Target Analyst Ratings Real Estate Benzinga Thu, 14 Jun 2018 16:26:59 +0000 Jayson Derrick 11880155 at https://www.benzinga.com Goldman Sachs On Lodging Stocks: What To Sell, What To Buy https://www.benzinga.com/analyst-ratings/analyst-color/18/06/11860244/goldman-sachs-on-lodging-stocks-what-to-sell-what-to-bu <p>Recent industrywide consolidation in the lodging sector leaves multiple stocks trading at an &quot;unfavorable&quot; risk-reward profile, according to Goldman Sachs.</p> <h3> <strong>The Analyst</strong></h3> <p>Goldman Sachs&#39; Stephen Grambling downgraded <b>Host Hotels and Resorts Inc</b> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hst#NYSE">HST</a>) from Neutral to Sell with an unchanged $20 price target. The analyst downgraded <b>Park Hotels &amp; Resorts Inc</b> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pk#NYSE">PK</a>) from Neutral to Sell with a price target lifted from $27 to $29.</p> <h3> <strong>The Thesis</strong></h3> <p>From a historical point of view, lodging REITs outperform the broader S&amp;P 500 index immediately following a recession, and performance in the mid-to-late-cycle is mixed, Grambling said in a research report. Lodging REIT stocks are trading at a premium to private market, full-service transaction valuations, which implies investors should take a more &quot;cautious&quot; stance, the analyst said.&nbsp;</p> <p>Investors hoping for continued M&amp;A deals in the space to support upside may want to reconsider, Grambling said: full-service hotel REITs are ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/18/06/11860244/goldman-sachs-on-lodging-stocks-what-to-sell-what-to-bu alt=Goldman Sachs On Lodging Stocks: What To Sell, What To Buy>Full story available on Benzinga.com</a></p> Analyst Color Goldman Sachs HLT hotel HST Lodging MAR PK REIT Stephen Grambling WH Downgrades Price Target Reiteration Analyst Ratings Real Estate HST US44107P1049 MAR US5719032022 WH US92934F1049 HLT PK US7005171050 Analyst Color REIT Downgrades Price Target Reiteration Analyst Ratings Real Estate Benzinga Mon, 11 Jun 2018 20:07:26 +0000 Jayson Derrick 11860244 at https://www.benzinga.com Stifel: Geopolitical Uncertainty, Interest In Hard Assets Are Positives For REITs https://www.benzinga.com/analyst-ratings/analyst-color/18/06/11814613/stifel-geopolitical-uncertainty-interest-in-hard-assets <p>The overall macro environment continues to improve, which bodes well for a select group of <a href="https://www.benzinga.com/real-estate/reit">REITs</a>, according to Stifel.</p> <h3> <strong>The Analyst</strong></h3> <p>Stifel&#39;s <a href="https://www.tipranks.com/analysts/john-guinee">John Guinee</a> made the following rating changes to REIT stocks under coverage:</p> <p><b>Highwoods Properties Inc</b> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hiw#NYSE">HIW</a>) upgraded from Hold to Buy with a price target lifted from $46 to $53.</p> <p><b>Eastgroup Properties Inc</b> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/egp#NYSE">EGP</a>) upgraded from Hold to Buy with a price target lifted from $93 to $103.</p> <p><b>Franklin Street Properties Corp.</b> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fsp#NYSE">FSP</a>) upgraded from Sell to Hold with a price target lifted from $6.50 to $8.</p> <h3> <strong>The Thesis</strong></h3> <p>The case for being bullish on American REITs is threefold, Guinee said. (See the analyst&#39;s track record <a href="http://www.tipranks.com/analysts/john-guinee">here</a>.)&nbsp;</p> <ul> <li> Geopolitical uncertainty in parts ...</li></ul><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/18/06/11814613/stifel-geopolitical-uncertainty-interest-in-hard-assets alt=Stifel: Geopolitical Uncertainty, Interest In Hard Assets Are Positives For REITs>Full story available on Benzinga.com</a></p> Analyst Color EGP FSP HIW Interest Rates italy John Guinee REIT Stifel Upgrades Price Target Analyst Ratings Real Estate FSP US35471R1068 EGP US2772761019 HIW US4312841087 Analyst Color REIT Upgrades Price Target Analyst Ratings Real Estate Benzinga Fri, 01 Jun 2018 18:31:11 +0000 Jayson Derrick 11814613 at https://www.benzinga.com Positive Macro Environment, Valuation Render UDR Attractive, Stifel Says In Upgrade https://www.benzinga.com/analyst-ratings/analyst-color/18/06/11812999/positive-macro-environment-valuation-render-udr-attract <p><strong>UDR, Inc. </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/udr#NYSE">UDR</a>) has earned a bullish review from Stifel, with the sell-side firm viewing the REIT as geographically well-diversified with a large portfolio, modest development platform and capital investment strategy.&nbsp;</p> <h3> <strong>The Analyst</strong></h3> <p>Analyst John Guinee upgraded shares of UDR from Hold to Buy and increased the price target from $38 to $40.</p> <h3> <strong>The Thesis</strong></h3> <p>The macro picture for the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/17/11/10757353/3-reits-to-get-bullish-on-in-2018"> REIT&nbsp;</a>is changing to the positive, Guinee said in a Thursday note.</p> <p>The uncertainty in <a href="https://www.benzinga.com/news/18/05/11787260/italys-political-volatility-what-you-need-to-know"> Italy </a> and Southern Europe is projected to lead to a lower interest ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/18/06/11812999/positive-macro-environment-valuation-render-udr-attract alt=Positive Macro Environment, Valuation Render UDR Attractive, Stifel Says In Upgrade>Full story available on Benzinga.com</a></p> Analyst Color John Guinee REIT Stifel UDR Upgrades Price Target Analyst Ratings Real Estate UDR US9026531049 Analyst Color REIT Upgrades Price Target Analyst Ratings Real Estate Benzinga Fri, 01 Jun 2018 15:06:55 +0000 Shanthi Rexaline 11812999 at https://www.benzinga.com BTIG Downgrades AvalonBay Communities As Peak Supply Forecast Is Pushed Back https://www.benzinga.com/analyst-ratings/analyst-color/18/05/11806809/btig-downgrades-avalonbay-communities-as-peak-supply-fo <p><strong>AvalonBay Communities Inc</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/avb#NYSE">AVB</a>) recently announced a second-quarter cash dividend. The dividend is $1.47 per share and is payable July 16 to all common stockholders of record as of June 29..</p> <h3><strong>The Analyst</strong></h3> <p>BTIG&#39;s analyst James Sullivan downgraded <a href="https://www.benzinga.com/stock/avb">AvalonBay Communities</a> from Buy to Neutral.&nbsp;</p> <h3><strong>The Thesis</strong></h3> <p>BTIG&#39;s Buy rating for AvalonBay was based on stronger same-store net operating income growth in the second half of 2018 and in 2019, but Sullivan said he now expects SSNOI results to fall below sector averages as new supply deliveries in the <a href="https://www.benzinga.com/real-estate/reit">REIT&#39;s</a> markets ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/18/05/11806809/btig-downgrades-avalonbay-communities-as-peak-supply-fo alt=BTIG Downgrades AvalonBay Communities As Peak Supply Forecast Is Pushed Back>Full story available on Benzinga.com</a></p> Analyst Color AVB btig James Sullivan REIT Downgrades Analyst Ratings Real Estate AVB US0534841012 Analyst Color REIT Downgrades Analyst Ratings Real Estate Benzinga Thu, 31 May 2018 17:33:26 +0000 Craig Jones 11806809 at https://www.benzinga.com Morgan Stanley Says Extended Stay Is Undervalued By Investors https://www.benzinga.com/analyst-ratings/analyst-color/18/05/11805426/morgan-stanley-says-extended-stay-is-undervalued-by-inv <p>The lodging industry has seen multiple M&amp;A and strategic optionality deals over the past year and <a href="https://www.benzinga.com/investing/best-long-term-investments/">investors </a>are likely undervaluing <b>Extended Stay America Inc</b> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/stay#NYSE">STAY</a>)&#39;s ability to create value, according to Morgan Stanley.</p> <h3> The Analyst</h3> <p>Morgan Stanley&#39;s Thomas Allen upgraded <a href="https://www.benzinga.com/stock/stay">Extended Stay America</a> from Equal-weight to Overweight with a price target lifted from $21 to $23.</p> <h3> The Thesis</h3> <p>One of the more recent deals in the lodging industry consists of <a href="https://www.cnbc.com/2018/01/18/wyndham-worldwide-to-buy-la-quintas-hotel-business-for-1-point-95-billion.html">Wyndham buying the &quot;La Quinta&quot; brand</a>, a move that prompted La Quinta to be one of the best performing stocks within the group over the past six months, Allen said in ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/18/05/11805426/morgan-stanley-says-extended-stay-is-undervalued-by-inv alt=Morgan Stanley Says Extended Stay Is Undervalued By Investors>Full story available on Benzinga.com</a></p> Analyst Color Hospitality hotels Lodging Morgan Stanley REIT STAY Thomas Allen Upgrades Price Target Travel Analyst Ratings General Real Estate STAY Analyst Color REIT Upgrades Price Target Travel Analyst Ratings General Real Estate Benzinga Thu, 31 May 2018 16:13:46 +0000 Jayson Derrick 11805426 at https://www.benzinga.com