Initiating Research Reports on REIT Equities -- Apollo Commercial Real Estate Finance, Chimera Investment, Douglas Emmett, and Ladder Capital
NEW YORK, August 21, 2017 /PRNewswire/ --
If you want a Stock Review on ARI, CIM, DEI, or LADR then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com revisits the Diversified REIT space, which includes equity REITs that own and manage a mix of property types and collect rent from tenants. In today's lineup we have: Apollo Commercial Real Estate Finance Inc. (NYSE: ARI), Chimera Investment Corp. (NYSE: CIM), Douglas Emmett Inc. (NYSE: DEI), and Ladder Capital Corp. (NYSE: LADR). This morning's free research reports on the aforesaid equities are available upon registration on DailyStockTracker.com at:
http://dailystocktracker.com/register/
Apollo Commercial Real Estate Finance
Last Friday, shares in New York-based Apollo Commercial Real Estate Finance Inc. ended the session 0.06% higher at $17.92. The stock recorded a trading volume of 1.41 million shares. The Company's shares have advanced 7.82% since the start of this year. The stock is trading 0.37% below its 200-day moving average. Moreover, shares of the Company, which operates as a REIT that primarily originates, acquires, invests in, and manages commercial first mortgage loans, subordinate financings, commercial mortgage-backed securities, and other commercial real estate-related debt investments in the US, have a Relative Strength Index (RSI) of 40.13.
On August 01st, 2017, Apollo Commercial Real Estate Finance reported financial results for the three and six months ended June 30th, 2017. For Q2 2017, net income was $26.9 million, and operating earnings were $44.6 million. For the six months ended June 30th, 2017, net income was $64.7 million, and operating earnings were $83.2 million. Visit us today and access our complete research report on ARI at:
http://dailystocktracker.com/registration/?symbol=ARI
Chimera Investment
New York-based Chimera Investment Corp.'s stock gained 0.74%, to close the day at $19.04 with a total trading volume of 805,594 shares. The Company's shares have advanced 2.48% in the past month, 5.84% over the previous three months, and 11.87% since the start of this year. The stock is trading 0.65% and 3.11% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Chimera Investment, which operates as a REIT in the US, have an RSI of 53.94.
On August 08th, 2017, Chimera Investment announced that it revised the previously announced record date for Q3 dividend of $0.50 per common share from September 29th, 2017, to September 28th, 2017. The dividend remains payable on October 27th, 2017, and the ex-dividend date remains on September 27th, 2017. The complimentary report on CIM can be downloaded at:
http://dailystocktracker.com/registration/?symbol=CIM
Douglas Emmett
Shares in Santa Monica, California headquartered Douglas Emmett Inc. recorded a trading volume of 2.31 million shares at the close of the last trading session, which was above their three months average volume of 887,990 shares. The stock ended the day 0.84% lower at $37.55. The Company's shares have advanced 2.71% on an YTD basis. The stock is trading below its 200-day moving average by 0.95%. Furthermore, shares of Douglas Emmett, which owns and operates office and multifamily properties in California and Hawaii, have an RSI of 42.50.
On August 01st, 2017, Douglas Emmett released its results for the three months ended June 30th, 2017. Net income for the quarter increased by 9.5% to $20.2 million, funds from operations increased by 3.8% to $84.9 million, and adjusted funds from operations increased by 2.1% to $67.8 million. Same property cash NOI increased to $106.1 million in Q2 2017, growing 4.7% after adjusting for a one-time prior period excise tax refund included in 2016.
On August 03rd, 2017, research firm Stifel upgraded the Company's stock rating from 'Hold' to 'Buy' while revising its previous target price from $38 a share to $42 a share. Register for free on DailyStockTracker.com and access the latest research report on DEI at:
http://dailystocktracker.com/registration/?symbol=DEI
Ladder Capital
New York headquartered Ladder Capital Corp.'s shares finished Friday's session 0.29% lower at $13.54. A total volume of 574,371 shares was traded. The stock has advanced 3.75% in the last one month. The Company's shares are trading above their 50-day moving average by 0.05%. Furthermore, shares of Ladder Capital, which operates as a REIT in the US, have an RSI of 51.35.
On August 02nd, 2017, Ladder Capital announced operating results for Q2 and six months ended June 30th, 2017. GAAP income for Q2 2017 and H1 2017 was $12.0 million and $30.2 million, respectively. Core earnings for the quarter and the six months ended June 30th, 2017, were $51.2 million and $82.7 million, respectively. Get free access to your research report on LADR at:
http://dailystocktracker.com/registration/?symbol=LADR
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