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

4 Wall Street 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 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 brokers have issued 12-month price targets 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 stock price to reach $25.75 in the next twelve months. This suggests a possible upside of 33.9% 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 May. As of May 15th, there was short interest totaling 131,500 shares, an increase of 19.8% from the April 30th total of 109,800 shares. Based on an average daily trading volume, of 133,300 shares, the days-to-cover ratio is currently 1.0 days. Currently, 1.2% of the company's shares 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, August 12th 2024. View our MNR earnings forecast .

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

Monmouth Real Estate Investment Co. (NYSE:MNR) announced 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 announced a quarterly dividend on Monday, May 13th. Shareholders of record on Tuesday, May 28th will be paid a dividend of $0.75 per share on Monday, June 10th. This represents a $3.00 annualized dividend and a dividend yield of 15.60%. The ex-dividend date of this dividend is Friday, May 24th. 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 $3.00 per share and currently has a dividend yield of 15.74%. 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 Monmouth Real Estate Investment'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. Shares of the company owned by company insiders and major shareholders are now eligible to be traded as a result of the end of the lock-up period.

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 Nokomis Capital L.L.C. (0.23%), Sei Investments Co. (0.20%) and BOKF NA (0.12%). View institutional ownership trends .

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.

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Today's Range: $19.06
▼
$19.37
50-Day Range: $20.85
▼
$21.06
52-Week Range: $17.32
▼
$21.14

Volume: 104,196 shs
Average Volume: 165,785 shs
Market Capitalization: $1.83 billion

P/E Ratio: N/A
Dividend Yield: 15.60%
Price Target: $25.75

Stock Analysis Analyst Forecasts Competitors Dividend Headlines Ownership Short Interest Sustainability Trends

Monmouth Real Estate Investment MarketRank™ Stock Analysis

Analyst Rating: Buy
3.25 Rating Score
Upside/Downside: 33.9% Upside
$25.75 Price Target
Short Interest: Healthy
1.15% of Float Sold Short
Dividend Strength: Moderate
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: 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.

4.38 out of 5 stars

Oils/Energy Sector

30th out of 239 stocks

Crude Petroleum & Natural Gas Industry

13th out of 74 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 received no research coverage in the past 90 days.
Read more about Monmouth Real Estate Investment's stock forecast and price target.

3.0

Short Interest

Percentage of Shares Shorted
1.15% 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 1, 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 19.76%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Leadership
Monmouth Real Estate Investment is a leading dividend payer. It pays a dividend yield of 15.74%, 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 earnings estimates, Monmouth Real Estate Investment will have a dividend payout ratio of 69.93% next year. This indicates that Monmouth Real Estate Investment will be able to sustain or increase its dividend.
Read more about Monmouth Real Estate Investment's 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.

0.6

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 8 people have searched for MNR on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
3 people have added Monmouth Real Estate Investment to their MarketBeat watchlist in the last 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.
Read more about Monmouth Real Estate Investment's insider trading history.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Monmouth Real Estate Investment are expected to grow by 17.53% in the coming year, from $3.65 to $4.29 per share.
Price to Book Value per Share Ratio
Monmouth Real Estate Investment has a P/B Ratio of 1.60. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
Read more about Monmouth Real Estate Investment's valuation and earnings.

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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

May 28, 2024 | time.com

What to Know About Buying an Investment Property

May 28, 2024 | msn.com

I’m a Real Estate Investor: 11 Southern Cities Where You Should Avoid Buying Property

May 27, 2024 | nj.com

See all homes sold in Monmouth County, May 20 to May 26

May 26, 2024 | msn.com

I’m a Real Estate Investor: 4 Reasons I Don’t Invest in the Largest US Cities

May 24, 2024 | 247wallst.com

Raymond James Has 5 Passive Income Dividend Stocks to Buy With Yields Up to 14%

May 24, 2024 | nj.com

10 most expensive homes sold in Monmouth County, May 13-19

May 22, 2024 | msn.com

How to Identify Strong Real Estate Markets for Your Next Investment

May 21, 2024 | bizjournals.com

Northmarq merges with real estate investment manager Morrison Street

May 20, 2024 | nj.com

See all homes sold in Monmouth County, May 13 to May 19

May 17, 2024 | msn.com

Real estate investing isn't just for people who can buy million-dollar properties — an expert has 5 tips for anyone

May 17, 2024 | nj.com

10 most expensive homes sold in Monmouth County, May 6-12

May 15, 2024 | insidermonkey.com

Mach Natural Resources LP (NYSE:MNR) Q1 2024 Earnings Call Transcript

May 15, 2024 | 247wallst.com

5 Absolutely Best Dividend Stocks Yielding Over 12%

May 15, 2024 | finance.yahoo.com

Mach Natural Resources LP (MNR) Q1 2024 Earnings Call Transcript Highlights: Strategic Insights ...

May 13, 2024 | msn.com

Monmouth Square Holds Groundbreaking

May 13, 2024 | businesswire.com

Mach Natural Resources LP Reports First Quarter 2024 Results; Declares Quarterly Cash Distribution of $0.75 Per Unit

May 13, 2024 | nj.com

See all homes sold in Monmouth County, May 6 to May 12

May 10, 2024 | msn.com

Monmouth County homes are selling more quickly as April prices creep up

May 10, 2024 | nj.com

10 most expensive homes sold in Monmouth County, April 29 - May 5

May 10, 2024 | msn.com

After eight years, Kushner starts $500M transformation of Monmouth Mall to Monmouth Square

May 7, 2024 | markets.businessinsider.com

Analysts Offer Insights on Real Estate Companies: Global Medical REIT (GMRE) and Douglas Emmett (DEI)

May 7, 2024 | forbes.com

Maximizing Returns: Strategies For Multifamily Real Estate

May 6, 2024 | businesswire.com

Mach Natural Resources LP Announces Earnings Release and Conference Call Schedule for First Quarter 2024

May 6, 2024 | nj.com

See all homes sold in Monmouth County, April 29 to May 5

May 3, 2024 | nj.com

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

See More Headlines

Company Calendar

Last Earnings: 11/12/2021
Ex-Dividend for 3/14 Dividend: 2/28/2024
Dividend Payable: 3/14/2024
Ex-Dividend for 6/10 Dividend: 5/24/2024
Today: 5/31/2024
Dividend Payable: 6/10/2024
Next Earnings (Estimated): 8/12/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

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: +33.9%
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: 1.00
Quick Ratio: 0.91

Sales & Book Value

Annual Sales: $762.31 million
Price / Sales: 2.40
Cash Flow: $2.21 per share
Price / Cash Flow: 8.70
Book Value: $12.04 per share
Price / Book: 1.60

Miscellaneous

Outstanding Shares: 95,000,000
Free Float: 91,153,000
Market Cap: $1.83 billion
Optionable: Not Optionable
Beta: N/A

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 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 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 brokers have issued 12-month price targets 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 stock price to reach $25.75 in the next twelve months. This suggests a possible upside of 33.9% 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 May. As of May 15th, there was short interest totaling 131,500 shares, an increase of 19.8% from the April 30th total of 109,800 shares. Based on an average daily trading volume, of 133,300 shares, the days-to-cover ratio is currently 1.0 days. Currently, 1.2% of the company's shares 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, August 12th 2024.
View our MNR earnings forecast.
How were Monmouth Real Estate Investment's earnings last quarter?: Monmouth Real Estate Investment Co. (NYSE:MNR) announced 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 announced a quarterly dividend on Monday, May 13th. Shareholders of record on Tuesday, May 28th will be paid a dividend of $0.75 per share on Monday, June 10th. This represents a $3.00 annualized dividend and a dividend yield of 15.60%. The ex-dividend date of this dividend is Friday, May 24th.
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 $3.00 per share and currently has a dividend yield of 15.74%. 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 Monmouth Real Estate Investment'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. Shares of the company owned by company insiders and major shareholders are now eligible to be traded as a result of the end of the lock-up period.
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 Nokomis Capital L.L.C. (0.23%), Sei Investments Co. (0.20%) and BOKF NA (0.12%).
View institutional ownership trends.

This page (NYSE:MNR) was last updated on 6/1/2024 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

Consensus Rating

Amount of Analyst Coverage

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Dividend Leadership

Dividend Growth

Dividend Sustainability

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Insider Buying vs. Insider Selling

Percentage Held by Insiders

Percentage Held by Institutions

Earnings and Valuation

Earnings Growth

Price to Book Value per Share Ratio

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^™