NEW YORK, November 4, 2016 /PRNewswire/ --
Pre-market, Stock-Callers.com takes note of the performances of these four Diversified REITs: STORE Capital Corp. (NYSE: STOR), Gaming and Leisure Properties Inc (NASDAQ: GLPI), Apollo Commercial Real Estate Finance Inc. (NYSE: ARI), and Blackstone Mortgage Trust Inc. (NYSE: BXMT). These companies belong to the Financials sector which was moderately higher on Thursday, November 03, 2016, with the NYSE Financial Sector Index posting a 0.1% increase, and financial companies in the S&P 500 Index rising about 0.4%. These stocks research reports can be downloaded now by simply registering for free at:
Scottsdale, Arizona-based STORE Capital Corp.'s stock finished Thursday's session at $25.95, dropping 1.41% from its previous closing price. A total volume of 1.04 million shares was traded, which was above their three months average volume of 1.02 million shares. The Company's shares have gained 15.27% since the start of this year, and are trading below their 200-day moving average by 3.27%. Moreover, shares of STORE Capital, which invests in the real estate markets, have a Relative Strength Index (RSI) of 27.30.
On October 14th, 2016, research firm Mizuho initiated a 'Buy' rating on the Company's stock, issuing a target price of $30.50 per share.
On November 03rd, 2016, STORE reported that total revenues were $97.0 million for Q3 2016, an increase of 29.7% from $74.8 million for Q3 2015. The company's net income increased to $36.3 million, or $0.24 per basic and diluted share, for Q3 2016 compared to $23.0 million in net income, or $0.18 per basic and diluted share, for Q3 2015. Adjusted FFO increased 31.3% to $63.8 million, or $0.41 per diluted share, for Q3 2016 compared to adjusted FFO of $48.6 million, or $0.38 per diluted share, for Q3 2015. Your complete research report on STOR can be retrieved for free at:
Gaming and Leisure Properties
Shares in Gaming and Leisure Properties Inc ended yesterday's session 1.45% lower at $31.20 with a total trading volume of 844,722 shares. The stock has gained 18.70% on an YTD basis. The Company's shares are trading 0.65% below their 200-day moving average. Moreover, shares of Gaming and Leisure Properties, which operates independently of Penn National Gaming Inc. as of November 01, 2013, have an RSI of 30.75.
On October 17th, 2016, Gaming and Leisure Properties announced that it will release its Q3 2016 financial results at 7:00 a.m. ET on November 8th, 2016, and will host a conference call at 10:00 a.m. ET on the same day. GLPI free report is just a click away at:
Apollo Commercial Real Estate Finance
On Thursday, New York-based Apollo Commercial Real Estate Finance Inc.'s stock rose 0.06%, to close the day at $16.75 with a total trading volume of 592,239 shares. The Company's shares have advanced 5.74% in the last one month and 2.38% in the previous three months. The stock is trading 1.67% and 3.58% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Apollo Commercial Real Estate Finance, which operates as a real estate investment trust 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 an RSI of 58.03.
On October 13th, 2016, research firm Wells Fargo upgraded the Company's stock rating from 'Underperform' to 'Market Perform'.
On October 26th, 2016, Apollo Commercial reported net income of $60.6 million, or $0.83 per diluted share, for Q3 2016 as compared to $23.5 million, or $0.39 per diluted share, for Q3 2015. Excluding $4.9 million of expenses associated with the acquisition of Apollo Residential Mortgage, the company reported operating earnings of $0.52 per diluted share as compared to $0.53 per diluted share for Q3 2015. During Q3 2016, the company generated $53.3 million of net interest income from its $2.7 billion commercial real estate debt portfolio. Sign up for your complimentary research report on ARI at:
Blackstone Mortgage Trust
Shares in New York headquartered Blackstone Mortgage Trust Inc. ended the day 0.69% higher at $29.32 and with a total trading volume of 415,152 shares. The stock has gained 2.45% in the last one month, 1.73% in the previous three months, and 17.20% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 0.88% and 9.97%, respectively. Furthermore, shares of Blackstone Mortgage Trust, which originates and purchases senior loans collateralized by properties in North America and Europe, have an RSI of 49.11.
On October 25th, 2016, Blackstone Mortgage Trust reported Q3 2016 profit of $64.8 million, or $0.69 per share. The company posted interest income of $128.2 million in Q3 2016. Register for free on Stock-Callers.com and download the latest research report on BXMT at:
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