Share on StockTwits

Monmouth Real Estate Investment Corp. (NYSE:MNR) Insider Allison Nagelberg acquired 2,008 shares of the company’s stock in a transaction that occurred on Friday, August 15th. The shares were purchased at an average cost of $9.96 per share, for a total transaction of $19,999.68. Following the transaction, the insider now directly owns 34,725 shares in the company, valued at approximately $345,861. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Monmouth Real Estate Investment Corp. (NYSE:MNR) traded up 0.09% during mid-day trading on Tuesday, hitting $10.60. 72,944 shares of the company’s stock traded hands. Monmouth Real Estate Investment Corp. has a 52 week low of $8.65 and a 52 week high of $10.65. The stock’s 50-day moving average is $10.38 and its 200-day moving average is $9.71. The company has a market cap of $598.7 million and a P/E ratio of 51.41.

Monmouth Real Estate Investment Corp. (NYSE:MNR) last released its earnings data on Wednesday, August 6th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.06. The company had revenue of $13.38 million for the quarter, compared to the consensus estimate of $15.50 million. On average, analysts predict that Monmouth Real Estate Investment Corp. will post $0.21 earnings per share for the current fiscal year.

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.