NEW YORK, July 29, 2016 /PRNewswire/ --
The Financial arena is seeing improvements as it continues to undergo massive transformation. However, the U.S. election in November may add to some uncertainty to the nation's economic condition, impacting some companies in this sector. Stock-Callers.com evaluates these stocks and assesses if there are opportunities ahead: Cousins Properties Inc. (NYSE: CUZ), Gaming and Leisure Properties Inc (NASDAQ: GLPI), Starwood Property Trust Inc. (NYSE: STWD), and Summit Hotel Properties Inc. (NYSE: INN). Learn more about these stocks by accessing their free notes at:
Atlanta, Georgia-based Cousins Properties Inc.'s stock finished Thursday's session 0.96% higher at $10.56 with a total volume of 758,714 shares traded. The Company's shares have advanced 4.45% in the past month and 13.90% on an YTD basis. The stock is trading above its 200-day moving average by 8.44%. Furthermore, shares of Cousins Properties, which owns, develops, and manages real estate portfolio, as well as performs certain real estate-related services in the U.S., have a Relative Strength Index (RSI) of 45.44.
On July 26th, 2016, Cousins Properties reported Q2 financial results. Net income was $7.8 million, or $0.04 per share, for Q2 2016 compared to $8.0 million, or $0.04 per share, for Q2 2015. Funds from Operations ("FFO") were $43.3 million, or $0.21 per share, for Q2 2016 as compared to $45.2 million, or $0.21 per share, for Q2 2015. See our complete notes on CUZ at:
Gaming and Leisure Properties
On Thursday, shares in Gaming and Leisure Properties Inc. ended the session at $35.59, up 0.71%. The stock recorded a trading volume of 694,752 shares. The Company's shares have gained 4.77% in the last one month, 11.16% in the previous three months, and 33.07% since the start of this year. The stock is trading 4.42% above its 50-day moving average and 21.07% above its 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 68.42.
On July 21st, 2016, Gaming and Leisure Properties announced that the Company will release its Q2 2016 financial results at 7:00 a.m. ET on August 9th, 2016 and will host a conference call at 10:00 a.m. ET on the same day. GLPI free notes are just a click away at:
Starwood Property Trust
Greenwich, Connecticut headquartered Starwood Property Trust Inc.'s stock ended yesterday's session 0.65% higher at $21.65. A total volume of 2.05 million shares was traded, which was above their three months average volume of 1.89 million shares. The Company's shares have advanced 6.23% in the past month, 14.45% over the previous three months, and 10.65% on an YTD basis. The stock is trading 5.78% and 14.18% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Starwood Property Trust, which originates, acquires, finances, and manages commercial mortgage loans, other commercial real estate debt investments, commercial mortgage-backed securities, and other commercial real estate- investments in the U.S. and Europe, have an RSI of 67.60.
On June 28th, 2016, Starwood Property Trust announced that the conversion rate applicable to its outstanding 4.55% Convertible Senior Notes due 2018 has been adjusted to 46.7513 from 46.1565 and the conversion rate applicable to its outstanding 4.00% Convertible Senior Notes due 2019 has been adjusted to 49.4927 from 48.9439, in each case effective June 28th, 2016 and subject to further adjustment as provided in the applicable governing indenture. Sign up for your complimentary notes on STWD at:
Summit Hotel Properties
At the close, shares in Sioux Falls, South Dakota-based Summit Hotel Properties Inc. recorded a trading volume of 296,989 shares. The stock finished 0.72% higher at $14.00. The Company's shares have gained 13.09% in the last one month, 21.74% in the previous three months, and 17.15% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 9.59% and 17.06%, respectively. Furthermore, shares of Summit Hotel Properties, which engages in acquiring, owning, renovating, repositioning, and asset-managing and selling premium-branded limited-service and select-service hotels in the upscale and midscale without food and beverage segments of the United States' lodging industry, have an RSI of 60.11.
On July 12th, 2016, Summit Hotel Properties announced that it will report its financial results for Q2 2016 on August 2nd, 2016, after the market closes. The Company will conduct its quarterly conference call on August 3rd, 2016, at 9:00 AM ET. Register for free on Stock-Callers.com and access the latest notes on INN at:
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