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Real Estate Investment Trusts Finance REITs Click here for printable (PDF) version Returns • Portfolio Details • Company Analysis & Recent News • Dividend Calendar • About REITs Tell us how could we make this page more useful to you.
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Ticker |
Portfolio Details data 2/29/24 All are "buy" rated., unless otherwise noted. |
Risk |
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ABR |
Arbor Realty |
13.40 |
12.8% |
10% |
3 |
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Arbor Realty Trust is an internally managed REIT that initiates and invests in a variety of security types secured by single-family, senior living, and commercial real estate properties. More QUOTE |
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FBRT |
Franklin BSP Realty Trust |
12.91 |
11.0% |
0% |
3 |
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Franklin originates, acquires and manages a portfolio of commercial real estate debt secured by properties located in the U.S. It lends against all commercial property types with a national origination footprint. More QUOTE |
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PMT |
PennyMac Mortgage |
14.13 |
11.3% |
0% |
3 |
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PennyMac Mortgage Investment Trust invests mostly in residential mortgage loans and mortgage-related assets. More QUOTE |
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Information believed correct, but accuracy not guaranteed. Investing in stocks and/or funds involves risk. Readers should not assume that recommendations will be profitable or will equal the performance of past recommendations. Before investing, consult with a financial advisor to determine if the stocks and/or funds described here are suitable investments for you. |
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green: dividend increase • red: dividend decrease last update: 3/3/24 |
Dividend Amount |
Vs. Year-Ago |
Ex-Div Date |
Pay Date |
Notes |
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Arbor Realty |
0.430 |
+8% |
3/1/24 |
3/15/24 |
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Franklin BSP |
0.355 |
0% |
12/28/23 |
1/10/24 |
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PennyMac Mortgage |
0.400 |
0% |
12/28/23 |
1/26/24 |
Data not guaranteed, verify before taking action.
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Company Analysis & Recent News 3/3/24 Click here for Archives including sold REITs Arbor reported December quarter distributable EPS $0.51, $0.02 above analysts but $0.09 below year-ago. Net interest income down 8% vs. year-ago to $103.5 million. Below year-ago numbers from Arbor Realty.
Background Quarterly Reports September '23: Distributable EPS $0.55, $0.01 below year-ago. Net interest income up 8% vs. year-ago to $107.3 million. Okay, but not great numbers from Arbor Realty. In July, dividend up $0.01 (2%) to $0.43. June '23: Distributable EPS $0.57, up 10% vs. year-ago. Net interest income up 15% vs. year-ago to $108.5 million. In May, dividend up 5% to $0.42. which was 8% above year-ago. Arbor was added to the S&P SmallCap 6000 index on June 23. March '23: Distributable EPS up 13% vs. year-ago. Net interest income up 29% vs. year-ago to $108.5 million. In January, dividend up 3% to $0.40. which was 11% above year-ago. Dec. '22: Distributable EPS $0.60 per share, up $0.03. Net interest income up 48% vs. year-ago to $113.1 million. Total loans and investments up 19% vs. year-ago to $14.25 billion. Mostly strong growth numbers from Arbor Realty. Sept. '22: Distributable EPS $0.56, up 19%. Net interest income up 42% vs. year-ago to $99.3 million. June '22: Distributable EPS $0.52, up 15%. Net interest income $94.3 million vs. year-ago$58.8 million. In May, increased dividend by 3% ($0.01) to $0.39, which was 11% above its year-ago payout. March '22: EPS $0.40 vs. year-ago $0.55. Distributable EPS $0.55, up 6% vs. year-ago. Net interest income up 72% to $84.1 million. In February, dividend up 3% to $0.37 per share, which was 23% above year-ago payout. December '21: EPS $0.71 vs. $0.80. Distributable EPS $0.57, up 16% vs. year-ago. Net interest income up 66% to $76.4 million vs. year-ago $221 million. September '21: EPS $0.51 vs. $0.72. Distributable EPS $0.47 vs. $0.50. Net interest income up 60% to $69.9 million. Total other revenues up 10% to $69.6 million.Franklin BSP Realty Trust Franklin reported December quarter distributable EPS $0.39, up 5% vs, year-ago. Total income for the year ending 12/31/23, total income $263.9 million vs. year-ago $206.8 million. Mixed but on balance, weak growth numbers.Franklin, formerly "Benefit Street Partners Realty Trust," originates, acquires and manages a portfolio of commercial real estate debt secured by properties located in the U.S. It lends against all commercial property types with a national origination footprint. Quarterly Reports September '23: Distributable EPS $0.43, up 30% vs. year-ago. Total income up 24% to $62.39 million. Strong year-over-year growth numbers from Franklin. June '23: Distributable EPS $0.66, up 128% vs. year-ago. Total Income up 112% to $84.03 million. March '23: Distributable EPS $0.44 vs. $0.08. Total Income up 14% to $62.77 million. Book value $16.01 per share vs. year-ago $15.24. PennyMac Mortgage Investment Trust No significant recent news.Background PennyMac Mortgage Investment Trust invests primarily in residential mortgage loans and mortgage-related assets. It also purchases and resells prime credit mortgage loans, and invests in mortgage servicing rights and related activities. PennyMac is externally managed by a unit of PennyMac Financial Services (PFSI). Quarterly Reports December '23: $0.44 vs. year-ago loss. Net investment income $84.8 million, up 72% vs. year-ago. Book value $16.13 per share vs. year-ago $15.79. Strong year-over-year growth numbers from PennyMac. September '23: $0.51, vs. year-ago $0.01. Net investment income $163.4 million, up 8% vs. year-ago. Book value $16.01 per share vs. year-ago $16.18. All things considered, good September quarter numbers from PennyMac. June '23: EPS $0.16 vs. year-ago -$0.88 loss. Net investment income $90.5 million vs. year-ago $21.5 million. Book value $15.96 per share vs. year-ago $16.59. March '23: EPS $0.50, up 56%. Net investment income $90.4 million vs. year-ago $81.4 million. Dec. '22: EPS -$0.07 vs. $0.01. Net investment income $49.4 million vs. year-ago $49.5 million. Book value down 17% to $15.785 per share. In December, dividend down 15% to $0.40 per share. Disappointing December quarter numbers from PennyMac. Sept. '22: EPS $0.01 vs. -$0.45. Net investment income $151.1 million vs. year-ago $47.9 million. Book value down 18% to $16.18 per share. June '22: EPS -$0.88 vs. $0.32. Net investment income $21.5 million vs. $121.6 million. Book value down 20% to $16.59 per share. March '22: EPS -$0.32 vs. year-ago $0.67. Net investment income $81.1 million vs. $201.4 million. Book value down 14% to $17.87 per share. December '21: EPS -$0.28 vs. $0.78. Net investment income $49.5 million vs. $221.0 million. Book value down 6% to $19.05 per share. Redwood Trust Rating Sold 7/1/23 |