Should I buy or sell Monmouth Real Estate Investment stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Monmouth Real Estate Investment in the last year. There are currently 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MNR shares. View MNR analyst ratings or view top-rated stocks .

What is Monmouth Real Estate Investment's stock price target for 2024?

4 brokerages have issued 1-year target prices for Monmouth Real Estate Investment's stock. Their MNR share price targets range from $23.00 to $29.00. On average, they anticipate the company's share price to reach $25.75 in the next year. This suggests a possible upside of 26.2% from the stock's current price. View analysts price targets for MNR or view top-rated stocks among Wall Street analysts .

Are investors shorting Monmouth Real Estate Investment?

Monmouth Real Estate Investment saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 97,300 shares, an increase of 89.3% from the March 15th total of 51,400 shares. Based on an average trading volume of 126,200 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.9% of the shares of the stock are sold short. View Monmouth Real Estate Investment's Short Interest .

When is Monmouth Real Estate Investment's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, July 1st 2024. View our MNR earnings forecast .

How were Monmouth Real Estate Investment's earnings last quarter?

Monmouth Real Estate Investment Co. (NYSE:MNR) released its quarterly earnings results on Friday, November, 12th. The real estate investment trust reported ($0.25) EPS for the quarter, missing analysts' consensus estimates of $0.08 by $0.33.

How often does Monmouth Real Estate Investment pay dividends? What is the dividend yield for Monmouth Real Estate Investment?

Monmouth Real Estate Investment announced a -- dividend on Thursday, February 15th. Investors of record on Thursday, February 29th will be given a dividend of $0.95 per share on Thursday, March 14th. The ex-dividend date of this dividend is Wednesday, February 28th. Read our dividend analysis for MNR .

Is Monmouth Real Estate Investment a good dividend stock?

Monmouth Real Estate Investment (NYSE:MNR) pays an annual dividend of $3.80 per share and currently has a dividend yield of 19.11%. MNR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for MNR .

What other stocks do shareholders of Monmouth Real Estate Investment own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Monmouth Real Estate Investment investors own include AT&T (T) , Verizon Communications (VZ) , Enterprise Products Partners (EPD) , Cisco Systems (CSCO) , Enbridge (ENB) , Iron Mountain (IRM) , AbbVie (ABBV) , Medical Properties Trust (MPW) , Exxon Mobil (XOM) and Energy Transfer (ET) .

When did Monmouth Real Estate Investment IPO?

Monmouth Real Estate Investment (MNR) raised $190 million in an initial public offering on Wednesday, October 25th 2023. The company issued 10,000,000 shares at $19.00 per share.

When does Monmouth Real Estate Investment's lock-up period expire?

Monmouth Real Estate Investment's lock-up period expires on Monday, April 22nd. Monmouth Real Estate Investment had issued 10,000,000 shares in its IPO on October 25th. The total size of the offering was $190,000,000 based on an initial share price of $19.00. After the end of Monmouth Real Estate Investment's lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

NYSE:MNR

Monmouth Real Estate Investment (MNR) Stock Price, News & Analysis

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Notice: This company has been marked as potentially delisted and may not be actively trading.

Compare

Today's Range: $20.18
▼
$20.48
50-Day Range: $20.85
▼
$21.06
52-Week Range: $17.32
▼
$21.14

Volume: 41,151 shs
Average Volume: 106,387 shs
Market Capitalization: $1.94 billion

P/E Ratio: N/A
Dividend Yield: 18.62%
Price Target: $25.75

Stock Analysis Analyst Forecasts Competitors Dividend Headlines Ownership Short Interest Social Media Sustainability

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Monmouth Real Estate Investment MarketRank™ Stock Analysis

Analyst Rating: Buy
3.25 Rating Score
Upside/Downside: 26.2% Upside
$25.75 Price Target
Short Interest: Healthy
0.86% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -1.60
Upright™ Environmental Score
News Sentiment: 0.00
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -2.15%
From $4.18 to $4.09 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.39 out of 5 stars

Oils/Energy Sector

100th out of 227 stocks

Crude Petroleum & Natural Gas Industry

39th out of 71 stocks

3.6

Analyst's Opinion

Consensus Rating
Monmouth Real Estate Investment has received a consensus rating of Buy. The company's average rating score is 3.25, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Monmouth Real Estate Investment has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.86% of the float of Monmouth Real Estate Investment has been sold short.
Short Interest Ratio / Days to Cover
Monmouth Real Estate Investment has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Monmouth Real Estate Investment has recently increased by 89.30%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Leadership
Monmouth Real Estate Investment is a leading dividend payer. It pays a dividend yield of 19.11%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Monmouth Real Estate Investment does not have a long track record of dividend growth.
Dividend Sustainability
Based on EPS estimates, Monmouth Real Estate Investment will have a dividend payout ratio of 92.91% in the coming year. This indicates that Monmouth Real Estate Investment may not be able to sustain their current dividend.

2.7

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Monmouth Real Estate Investment has received a 19.08% net impact score from Upright. Monmouth Real Estate Investment seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is driven by its "Real estate funds investing in industrial, logistics and warehousing buildings" product. See details.
Environmental Sustainability
The Environmental Impact score for Monmouth Real Estate Investment is -1.60.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 5 news articles for Monmouth Real Estate Investment this week, compared to 1 article on an average week.
Search Interest
Only 18 people have searched for MNR on MarketBeat in the last 30 days. This is a decrease of -5% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Monmouth Real Estate Investment insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.05% of the stock of Monmouth Real Estate Investment is held by insiders.
Percentage Held by Institutions
78.36% of the stock of Monmouth Real Estate Investment is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Earnings Growth
Earnings for Monmouth Real Estate Investment are expected to decrease by -2.15% in the coming year, from $4.18 to $4.09 per share.
Price to Book Value per Share Ratio
Monmouth Real Estate Investment has a P/B Ratio of 1.63. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Monmouth Real Estate Investment Stock (NYSE:MNR)

Monmouth Real Estate Investment Corp. operates as a real estate investment trust. The firm engages in the ownership and management of real estate. It invests in single tenant, industrial buildings leased to investment-grade tenants on long-term net leases. The company was founded by Eugene W. Landy in 1968 and is headquartered in Holmdel, NJ.

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MNR Stock News Headlines

April 18, 2024 | news.yahoo.com

East Cowes: Norris Castle luxury hotel plans refused

April 16, 2024 | msn.com

Monmouth County home prices took a tumble in March 2024

April 19, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

April 16, 2024 | forbes.com

Seven Questions To Ask Before Investing In A Private Real Estate Deal Or Fund

April 15, 2024 | nj.com

See all homes sold in Monmouth County, April 8 to April 14

April 12, 2024 | nj.com

10 most expensive homes sold in Monmouth County, April 1-7

April 10, 2024 | msn.com

Boston Real Estate Firm Raising $12 Million From Individual Investors For Newest GP Fund

April 2, 2024 | finance.yahoo.com

Mach Natural Resources LP (NYSE:MNR) Q4 2023 Earnings Call Transcript

April 19, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

April 1, 2024 | finance.yahoo.com

Mach Natural Resources LP Aligns with EPS Projections and Reports Strong Year-End Reserves

April 1, 2024 | finance.yahoo.com

Mach Natural Resources LP Reports 2023 Results and Year-End Reserves

March 25, 2024 | finance.yahoo.com

Mach Natural Resources LP Announces Earnings Release and Conference Call Schedule

March 18, 2024 | businesswire.com

Mach Natural Resources LP 2023 Schedule K-1 Tax Packages for Common Units Now Available

March 12, 2024 | msn.com

Monmouth County average property taxes ranked for 2023

March 5, 2024 | msn.com

Sprawling riverfront estate sets a sales record for this N.J. community

February 23, 2024 | nj.com

10 most expensive homes sold in Monmouth County, Feb. 12-18

February 21, 2024 | investing.com

MNR_OLD Historical Data

February 16, 2024 | nj.com

10 most expensive homes sold in Monmouth County, Feb. 5-11

February 15, 2024 | businesswire.com

Mach Natural Resources LP Declares Fourth Quarter 2023 Cash Distribution and Provides 2024 Guidance

February 9, 2024 | nj.com

10 most expensive homes sold in Monmouth County, Jan. 29 - Feb. 4

February 9, 2024 | msn.com

Prominent NYC real estate developer and top execs charged in $86M fraud scheme

February 6, 2024 | yahoo.com

This woman found municipal bonds worth $1 million at an estate sale. City refuses to pay

February 5, 2024 | nj.com

See all homes sold in Monmouth County, Jan. 29 to Feb. 4

February 2, 2024 | nj.com

10 most expensive homes sold in Monmouth County, Jan. 22-28

January 26, 2024 | nj.com

10 most expensive homes sold in Monmouth County, Jan. 15-21

January 9, 2024 | sfgate.com

MONMOUTH 81, NORTHEASTERN 62

December 29, 2023 | finance.yahoo.com

Mach Natural Resources Completes the Acquisition of Paloma Anadarko Basin Assets

See More Headlines

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Company Calendar

Last Earnings: 11/12/2021
Ex-Dividend for 3/14 Dividend: 2/28/2024
Dividend Payable: 3/14/2024
Today: 4/19/2024
Next Earnings (Estimated): 7/01/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Oils/Energy
Industry: Crude petroleum & natural gas
Sub-Industry: Industrial REITs
Current Symbol: NYSE:MNR
CUSIP: 60972010
CIK: 67625
Web: www.mreic.reit
Phone: (732) 577-9996
Fax: 513-389-4634
Employees: 14
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $25.75
High Stock Price Target: $29.00
Low Stock Price Target: $23.00
Potential Upside/Downside: +27.6%
Consensus Rating: Buy
Rating Score (0-4): 3.25
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 0.63
Current Ratio: 1.25
Quick Ratio: 1.14

Sales & Book Value

Annual Sales: $762.31 million
Price / Sales: 2.51
Cash Flow: $2.22 per share
Price / Cash Flow: 9.08
Book Value: $12.54 per share
Price / Book: 1.61

Miscellaneous

Outstanding Shares: 95,000,000
Free Float: 91,153,000
Market Cap: $1.92 billion
Optionable: Not Optionable
Beta: N/A

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Key Executives

Michael P. Landy
President, CEO & Executive Director
Kevin S. Miller
CFO, Treasurer & Executive Director
Matthew R. Santonocito
Manager-Information Technology
Richard P. Molke
Vice President-Asset Management
Katie Rytter
Controller

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

MNR Stock Analysis - Frequently Asked Questions

Should I buy or sell Monmouth Real Estate Investment stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Monmouth Real Estate Investment in the last year. There are currently 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MNR shares.
View MNR analyst ratings or view top-rated stocks.
What is Monmouth Real Estate Investment's stock price target for 2024?: 4 brokerages have issued 1-year target prices for Monmouth Real Estate Investment's stock. Their MNR share price targets range from $23.00 to $29.00. On average, they anticipate the company's share price to reach $25.75 in the next year. This suggests a possible upside of 26.2% from the stock's current price.
View analysts price targets for MNR or view top-rated stocks among Wall Street analysts.
Are investors shorting Monmouth Real Estate Investment?: Monmouth Real Estate Investment saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 97,300 shares, an increase of 89.3% from the March 15th total of 51,400 shares. Based on an average trading volume of 126,200 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.9% of the shares of the stock are sold short.
View Monmouth Real Estate Investment's Short Interest.
When is Monmouth Real Estate Investment's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, July 1st 2024.
View our MNR earnings forecast.
How were Monmouth Real Estate Investment's earnings last quarter?: Monmouth Real Estate Investment Co. (NYSE:MNR) released its quarterly earnings results on Friday, November, 12th. The real estate investment trust reported ($0.25) EPS for the quarter, missing analysts' consensus estimates of $0.08 by $0.33.
How often does Monmouth Real Estate Investment pay dividends? What is the dividend yield for Monmouth Real Estate Investment?: Monmouth Real Estate Investment announced a -- dividend on Thursday, February 15th. Investors of record on Thursday, February 29th will be given a dividend of $0.95 per share on Thursday, March 14th. The ex-dividend date of this dividend is Wednesday, February 28th.
Read our dividend analysis for MNR.

Is Monmouth Real Estate Investment a good dividend stock?: Monmouth Real Estate Investment (NYSE:MNR) pays an annual dividend of $3.80 per share and currently has a dividend yield of 19.11%. MNR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for MNR.
What other stocks do shareholders of Monmouth Real Estate Investment own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Monmouth Real Estate Investment investors own include AT&T (T), Verizon Communications (VZ), Enterprise Products Partners (EPD), Cisco Systems (CSCO), Enbridge (ENB), Iron Mountain (IRM), AbbVie (ABBV), Medical Properties Trust (MPW), Exxon Mobil (XOM) and Energy Transfer (ET).
When did Monmouth Real Estate Investment IPO?: Monmouth Real Estate Investment (MNR) raised $190 million in an initial public offering on Wednesday, October 25th 2023. The company issued 10,000,000 shares at $19.00 per share.
When does Monmouth Real Estate Investment's lock-up period expire?: Monmouth Real Estate Investment's lock-up period expires on Monday, April 22nd. Monmouth Real Estate Investment had issued 10,000,000 shares in its IPO on October 25th. The total size of the offering was $190,000,000 based on an initial share price of $19.00. After the end of Monmouth Real Estate Investment's lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

This page (NYSE:MNR) was last updated on 4/19/2024 by MarketBeat.com Staff

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Monmouth Real Estate Investment (MNR) Stock Price, News & Analysis

Monmouth Real Estate Investment MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Monmouth Real Estate Investment Stock (NYSE:MNR)

MNR Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

MNR Stock Analysis - Frequently Asked Questions

Overall MarketRank^™