Monmouth Real Estate Investment Corp. (MNR) Announces Quarterly Results
Monmouth Real Estate Investment Corp. (NYSE:MNR) posted its quarterly earnings results on Wednesday. The company reported $0.12 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.06 by $0.06, AnalystRatingsNetwork reports. The company had revenue of $13.38 million for the quarter, compared to the consensus estimate of $15.50 million.
Monmouth Real Estate Investment Corp. (NYSE:MNR) traded up 0.10% on Wednesday, hitting $10.47. 340,240 shares of the company’s stock traded hands. Monmouth Real Estate Investment Corp. has a one year low of $8.57 and a one year high of $10.61. The stock has a 50-day moving average of $10.14 and a 200-day moving average of $9.6. The company has a market cap of $498.0 million and a price-to-earnings ratio of 56.24.
The company also recently announced a quarterly dividend, which is scheduled for Monday, September 15th. Shareholders of record on Friday, August 15th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.73%. The ex-dividend date is Wednesday, August 13th.
Monmouth Real Estate Investment Corporation is an real estate investment trust (NYSE:MNR) that owns real estate.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.