NYSE:MNR

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

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$20.12
$20.26
50-Day Range
$20.85
$21.06
52-Week Range
$17.32
$21.14
Volume
84,524 shs
Average Volume
75,162 shs
Market Capitalization
$1.92 billion
P/E Ratio
N/A
Dividend Yield
18.83%
Price Target
$25.75

Monmouth Real Estate Investment MarketRank™ Stock Analysis

Analyst Rating
Buy
3.25 Rating Score
Upside/​Downside
27.6% Upside
$25.75 Price Target
Short Interest
Healthy
0.95% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.60
Upright™ Environmental Score
News Sentiment
0.00mentions of Monmouth Real Estate Investment in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
17.53%
From $3.65 to $4.29 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.

4.63 out of 5 stars

Oils/Energy Sector

37th out of 242 stocks

Crude Petroleum & Natural Gas Industry

14th out of 76 stocks

MNR stock logo

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.

MNR Stock News Headlines

Tech GIANT’s Plans to Revolutionize Crypto…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Tech GIANT’s Plans to Revolutionize Crypto…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
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
5/11/2024
Next Earnings (Confirmed)
5/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Industrial REITs
CUSIP
60972010
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
+27.7%
Consensus Rating
Buy
Rating Score (0-4)
3.25
Research Coverage
4 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$762.31 million
Cash Flow
$2.19 per share
Book Value
$12.54 per share

Miscellaneous

Free Float
91,153,000
Market Cap
$1.92 billion
Optionable
Not Optionable
Beta
N/A
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MNR Stock Analysis - Frequently Asked Questions

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

4 Wall Street 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 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 twelve-month target prices for Monmouth Real Estate Investment's stock. Their MNR share price targets range from $23.00 to $29.00. On average, they expect the company's share price to reach $25.75 in the next year. This suggests a possible upside of 27.6% 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 during the month of April. As of April 15th, there was short interest totaling 120,300 shares, an increase of 23.6% from the March 31st total of 97,300 shares. Based on an average trading volume of 124,000 shares, the days-to-cover ratio is presently 1.0 days. Approximately 1.0% of the company's shares are short sold.
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, May 13th 2024.
View our MNR earnings forecast
.

How can I listen to Monmouth Real Estate Investment's earnings call?

Monmouth Real Estate Investment will be holding an earnings conference call on Tuesday, May 14th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

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) earnings per share for the quarter, missing the consensus estimate 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 declared 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 18.82%. 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 (IPO) on Wednesday, October 25th 2023. The company issued 10,000,000 shares at a price of $19.00 per share.

When did the company's lock-up period expire?

Monmouth Real Estate Investment's lock-up period expired on Monday, April 22nd. Monmouth Real Estate Investment had issued 10,000,000 shares in its initial public offering on October 25th. The total size of the offering was $190,000,000 based on an initial share price of $19.00. Since the end of the company's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company have been lifted.

Who are Monmouth Real Estate Investment's major shareholders?

Monmouth Real Estate Investment's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Sei Investments Co. (0.20%).
View institutional ownership trends
.

This page (NYSE:MNR) was last updated on 5/11/2024 by MarketBeat.com Staff

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