Real estate
Zillow (ZG) stock roars higher after plans to replace home-flipping business
February 11, 2022 10:10 AM PST| By Rupam RoyHighlights Zillow's revenue rose 392% YoY in Q4, FY21. Its full-year 2021 revenue grew 144% YoY. Zillow expects its new project to provide an annual revenue of US$5 billion by 2025 end. Shares of Zillow Group, Inc (NASDAQ: ZG) roared high.....
Top real estate stocks on S&P 500 to explore
February 08, 2022 12:29 PM PST| By Rupam RoyHighlights American Tower Corporation (NYSE: AMT) will report its fourth quarter and fiscal 2021 results on February 24. Equinix, Inc. (NASDAQ: EQIX) will report its Q4 and fiscal 2021 results on February 16. Simon Property Group, Inc. (NYSE: .....
Global real-estate management firm GLP eyes US IPO
December 21, 2021 07:36 PM PST| By Sanjeeb BaruahHighlights GLP Pte. Ltd. will probably manage about US$100 billion in assets after the launch. Companies like GLP have benefited from the shifting consumption trends. &nbs...
Why did Bluerock Residential (BRG) stock soar 74% on Monday?
December 20, 2021 10:50 AM PST| By Rupam RoyHighlights Bluerock Residential Growth REIT, Inc. (BRG) has entered into a definitive agreement with Blackstone affiliates. Under the agreement, Blackstone will acquire all outstanding shares of Bluerock’s (BRG) common stock The deal val.....
5 US real estate stocks to watch in 2022
December 14, 2021 05:55 AM PST| By Rupam RoyHighlights The stock value of Prologis, Inc. (NYSE: PLD) jumped over 67% year-to-date. The net revenue of CBRE Group Inc. (NYSE: CBRE) rose over 28% year-over-year in Q3, FY21. AvalonBay Communities, Inc. (NYSE: AVB) expects its Q4, FY21.....
Are these infra stocks poised to take off after US$1 tr spending plan?
November 09, 2021 01:27 PM PST| By Ipsita SarkarHighlights The revenue of Caterpillar Inc. (NYSE: CAT) surged 25% YoY in Q3, FY21. Deere & Company’s (NYSE: DE) revenue increased by 29% YoY in Q3, FY21. ChargePoint Holdings, Inc’s (NYSE: CHPT) revenue ticked up 61% YoY in Q2,.....
Top 7 REITs with over 50% YTD returns to explore
October 22, 2021 10:10 AM PDT| By Team Kalkine MediaHighlights Simon Property Group, Inc. (NYSE: SPG) had a dividend yield of 4.14%. The company owns and has an interest in 202 properties in the United States. Its stock increased 70.27% YTD. EPR Properties (NYSE: EPR) leases experiential propert.....
Prologis (PLD) raises guidance after Q3 profits jump over 140%
October 15, 2021 09:36 AM PDT| By Sanjeeb BaruahHighlights Prologis Inc’s net earnings attributable to common stockholders skyrocketed to US$722 million in the quarter from US$299 million in the same period year ago. Prologis’ net earnings per diluted share were US$0.97 in the qu.....
Geo Group (GEO), Opendoor (OPEN) stocks pop on contracts, purchases
October 08, 2021 06:14 PM PDT| By Team Kalkine MediaHighlights The S&P 500 real estate sector gained 1.41% over the past one month. Geo Group Inc (The) REIT (NYSE: GEO) struck new deals with municipalities. Opendoor Technologies Inc (NASDAQ: OPEN) purchased a record 8,500 properties in .....
Top five real estate investment trusts (REITs) to consider in October
September 30, 2021 12:40 PM PDT| By Sanjeeb BaruahHighlights AvalonBay Communities (NYSE: AVB) owns a portfolio of 275 apartment communities and additional 18 properties under development. Its dividend yield is 2.87%. The stock rose 40.7% YTD. Equity Residential’s (NYSE: EQR) portf.....
Check out these five real estate stocks with over 32% YTD return
September 22, 2021 11:34 AM PDT| By Sanjeeb BaruahHighlights The American Tower Corporation (NYSE: AMT) stock grew 32.91% YTD. Prologis, Inc’s (NYSE: PLD) total revenue was US$1.15 billion in Q2, FY21. The revenue of CBRE Group, Inc. (NYSE: CBRE) soared 20% YoY in the last quarter. .....
Five real-estate stocks to keep an eye on as home prices soar
September 03, 2021 08:47 AM PDT| By Ipsita SarkarHighlights The Simon Property Group, Inc’s (NYSE: SPG) total revenue was US$1.25 billion in Q2 of fiscal 2021. The net revenue of Jacobs Engineering Group Inc. (NYSE: J) was US$3.0 billion in Q3 of fiscal 2021. The GAAP-net income of CBR.....
Top 5 infra stocks to explore after Biden’s big building plan
August 11, 2021 12:50 PM PDT| By Team Kalkine MediaThe US$1 trillion infrastructure spending bill passed by the US Senate on Tuesday is expected to provide impetus to the sector, still recovering from a pandemic-induced slowdown.  .....
Four real estate stocks to watch as housing market booms
August 06, 2021 01:10 PM PDT| By Team Kalkine MediaSummary American Tower Corp (NYSE: AMT) reported revenue of US$2.2 billion in Q2, 2021. Newmark Group Inc (Nasdaq: NMRK) has US$2.4 billion in market capitalisation. Ventas Inc (NYSE: VTR) reported a net loss of US$57.2 million in Q1 this year.....
Riding the construction wave: 10 fastest growing infra stocks
July 29, 2021 04:20 PM PDT| By Team Kalkine MediaSummary Vulcan Materials (NYSE: VMC) has a P/E ratio of 35.87 and a dividend yield of 0.84%. Caterpillar, Inc.’s (NYSE: CAT) P/E ratio is 34.16 and dividend yield is 2.12%. Freeport-McMoRan (NYSE: FCX) has a P/E ratio of 20.11 and .....
Top seven infrastructure stocks on Wall Street
July 09, 2021 02:19 PM PDT| By Team Kalkine MediaSummary American Tower Corporation (NYSE: AMT) reported revenue of US$2.1 billion in Q1, 2021. Fluor Corporation (NYSE: FLR) has a market capitalization of US$2.3 billion. Kinder Morgan, Inc (NYSE: KMI) recorded a net income of US$971 million .....
Top infrastructure stocks that could profit from stimulus spending
July 02, 2021 11:54 AM PDT| By Team Kalkine MediaOn July 1, the US House approved US$715 billion for infrastructure expenditure. It is part of President Biden's initial US$2.3 trillion infrastructure development proposal. The spending is expected to give a major boost to infrastructure companies .....
Seven hot infrastructure stocks to explore after Biden’s fiscal boost
June 25, 2021 07:16 PM PDT| By Team Kalkine MediaSummary US-based infrastructure company Martin Marietta Materials reported total revenue of US$982.4 million in Q1, 2021. Construction material company Caterpillar Inc. has a market capitalization of US$119.8 billion. Bipartisan Infrastructure.....
AEI real estate stock: Why Alset Ehome-Tesla deal is a gamechanger?
June 22, 2021 10:17 AM PDT| By Team Kalkine MediaSummary Alset Ehome (AEI) has partnered with Tesla Inc. (Tesla) to provide sustainable energy products to Ehome buyers. The company plans to deliver 100 environment-friendly homes in 2021. The stock price jumped around 25% on the day of the an.....
Will These Five Real Estate Stocks Shine Amid Rising Home Demand?
May 26, 2021 07:43 PM PDT| By Team Kalkine MediaSummary Park Hotels' market cap is around US$4.974 billion. Brixmor's net income was US$52.4 million in Q1. Home prices soared to a 15-year high of 13.2% in March. The US real estate market is currently witnessing a massive shortage of ho.....