Share on StockTwits

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

Shares of Monmouth Real Estate Investment Corp. (NYSE:MNR) opened at 10.64 on Wednesday. Monmouth Real Estate Investment Corp. has a 52 week low of $8.65 and a 52 week high of $10.65. The stock has a 50-day moving average of $10.39 and a 200-day moving average of $9.72. The company has a market cap of $601.0 million and a P/E ratio of 51.41.

Monmouth Real Estate Investment Corp. (NYSE:MNR) last issued its quarterly 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.