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Jefferies Cuts Iron Mountain Estimates And 'Shreds' Valuation
Wednesday, June 3, 2015 - 1:51pm | 1192Could investors in Iron Mountain Inc (NYSE: IRM), a company with 45 percent of the global document storage market, actually be facing a grim future? On Tuesday, Jefferies & Company analyst Dan Dolev published a research report, "Multiple Problems; Downgrading To Underperform," and lowered its...
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Digital Realty CEO Bill Stein: 'Data Center REITs Undervalued'
Thursday, May 21, 2015 - 11:23am | 885On May 19, Bill Stein CEO of global data center REIT Digital Realty Trust, Inc. (NYSE: DLR) participated in the J.P. Morgan Global Technology, Media and Telecom Conference. Digital Realty was a pioneer in the data center REIT space, and Stein has witnessed the evolution of both the sector and...
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Analysts Weigh In On Recent REIT IPO National Storage Affiliates
Tuesday, May 19, 2015 - 8:57am | 973On May 18, Wall Street analysts weighed in on newly public self-storage REIT National Storage Affiliates Trust (NYSE: NSA) after an IPO which generated less equity cash than had been projected. The original IPO price range for National Storage was publicized to be $15 to $17 per share; however...
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The MSCI REIT Index Is Adding These 5 REITs - Should You?
Monday, May 18, 2015 - 8:32am | 1121The five new REITs include two recent IPOs, one recent REIT spin-out and two other evolving REIT business models. On May 29, the MSCI REIT Index will be growing to 144 member equity REITs as a result of its semi-annual review process, by adding: Northstar Realty Finance (NYSE: NRF)...
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JMP Securities Reinstates Coverage On ARCP, Revises Estimates
Wednesday, March 4, 2015 - 3:25pm | 479On Tuesday, JMP Securities reinstated coverage of beleaguered American Realty Capital Properties Inc (NASDAQ: ARCP) at Market Perform, noting "the risk-reward is balanced at current levels." Shares of ARCP had closed at $10.08 per share on the day the JMP note was released,...
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Jefferies Debuts 'Lucky 7' Top REIT Picks For 2015
Tuesday, January 13, 2015 - 3:18pm | 832During 2014, publicly traded equity REITs that own commercial real estate had a banner year. The MSCISREIT Index (INDEXNYSEGIS: RMZ) clocked in with returns of just over 25 percent, or about double the gains of the S&P 500 in 2014. After such great performance by the RMZ -- ending 2014...