Seeking AlphaREITsCrown Castle: Shares Remain A Buy Amid Bold Guidance, Double-Digit Dividend GrowthOct. 26, 2020 2:51 PM ET|| About: Crown Castle International Corp. (REIT) (CCI)by: Nikolaos SismanisNikolaos Sismanis Wheel of FortuneOne-Stop Shop For Ideas & Portfolios, Covering All Asset-Classes & SectorsSummaryBenefiting from uninterrupted tower rental revenues, cell-tower companies, including Crown Castle, have been able to generate consistent cash flows, with little to no correlation to the adverse effects of COVID-19.
Management has provided bold guidance expectations over the next couple of years, showcasing a double-digit growth in FFO/share growth and EBITDA margin expansion.
Despite our prudent growth estimates, investors are quite likely to see... more
Seeking AlphaLong Ideas | Financials MFA Financial: A Probable 19% Yield And 34% ReturnOct. 26, 2020 1:47 PM ET|| About: MFA Financial, Inc. (MFA), Includes: MFA.PB, MFA.PC, MFOby: D. H. TaylorD. H. Taylor Long-term horizon, medium-term horizon, currencies, MacroSummaryMFA Financial entered Q1 2020 under extreme circumstances with the onset of COVID and the related financial turmoil it caused.
The REIT saw significant losses to their portfolio, forcing them to suspend their dividend.
Entering Q2, a quarter of extraordinary restructuring saw the company bring in ~$2B in structured financing, selling off of non-performing portfolio assets and restructuring of debt.
Once again, the company reinstated their dividend payment; however, the payout of their current rate is significantly... more
American Water Works Company, Inc. (NYSE: AWK) announced today that its board of directors declared a quarterly cash dividend payment of 55 cents per share of common stock, payable on December 2, 2020, to all shareholders of record as of November 10, 2020.... more
Seeking AlphaREITs9% Yield Buys From Two Harbors Preferred SharesOct. 26, 2020 10:44 AM ET|| About: Two Harbors Investment Corp. (TWO), TWO.PD, TWO.PE, Includes: TWO.PA, TWO.PB, TWO.PCby: Colorado Wealth Management FundColorado Wealth Management Fund The REIT ForumThe #1 REIT Service Measured By Total ReturnsSummaryWe have 5 buy ratings from Two Harbors' preferred shares.
TWO-A, TWO-B, and TWO-C offer investors a fixed-to-floating option when call protection ends.
TWO-D and TWO-E will continue to pay a fixed rate unless shares are called by TWO.
Purely looking at valuations, we see TWO-B, TWO-D, and TWO-E as being the most attractive options.
This research report was produced by The REIT Forum with assistance from Big Dog Investments.
We will be covering the preferred... more
Seeking AlphaLong Ideas | Financials United Bankshares: Clean Credit And A Strong Dividend, The Perfect MatchOct. 26, 2020 10:33 AM ET|| About: United Bankshares, Inc. (UBSI)by: ALG ResearchALG Research Long/Short EquitySummaryA strong credit underwriting history is likely to prove very useful as we work through this recession.
The very healthy dividend is more than supported by core earnings, even in a stressed economic scenario.
Future margin expansion should produce some upside to profitability.
Based in Charleston, West Virginia, United Bankshares, Inc. (UBSI) is a $26.2 billion asset holding company and parent to United Bank. UBSI has 212 branches throughout West Virginia, Washington D.C. area, North Carolina and South Carolina. In fact, most of the... more
Seeking AlphaREITsIron Mountain: Yielding 9% And Very UndervaluedOct. 26, 2020 8:45 AM ET|| About: Iron Mountain Incorporated (IRM)by: Mark RoussinMark Roussin High Yield LandlordBecome a “Passive Landlord” with our 8% Yielding Real Estate Portfolio.SummaryIRM continues to go through a transformation as the company focuses on growing their data center division.
The relationships built from the storage division allows for cross-selling of other offerings like data centers.
5 of the top 10 cloud providers are IRM data center customers.
For years, many have recognized Iron Mountain (IRM) as merely a records storage company. However, the company has been going through a transformation to add much more property type offerings that have not yet caught on with investors. We have... more
Seeking AlphaREITsMedical Office Buildings, 5% Yield, 8% 2020 Growth: Healthcare Trust Of AmericaOct. 26, 2020 9:15 AM ET|| About: Healthcare Trust of America, Inc. (HTA)by: Double Dividend StocksDouble Dividend Stocks Hidden Dividend Stocks PlusTarget 5-10% yields backed by solid earnings for better portfolio income.SummaryHTA yields 5.02%, with 7.6% five-year dividend growth.
It's nearly 18% below analysts' average price target.
FFO grew 8% in Q1-2 2020, revenue grew 7%, and normalized FAD grew 6%.
Given the rapid graying of America, with ~10,000 boomers turning 65 every day, it seems that healthcare should be a good sector to check out for future growth. However, all sub sectors within healthcare aren't generating the same enthusiasm - senior living facilities have... more
Seeking AlphaREITsAlpine Income: 5.7% Yield, 10% Raise, External ManagementOct. 26, 2020 9:21 AM ET|| About: Alpine Income Property Trust, Inc. (PINE), Includes: CTO, GNLby: Julian LinJulian Lin Best Of BreedHigh conviction investment ideas in the high quality space.SummaryPINE reported rent collection near 100% for the third quarter.
The strong rent collection enabled PINE to execute on its acquisition pipeline.
PINE increased its dividend by 10% on a sequential basis.
PINE is externally managed, which creates the potential for shareholder misalignment.
I nonetheless rate shares a buy based on valuation.
Alpine Income REIT (PINE) soared nearly 10% following its earnings release, and justifiably so, as it reported very strong results. While PINE’s portfolio is... more
Seeking AlphaDividend Ideas | Healthcare Inexpensive AbbVie's High Dividend Yield Makes It A BuyOct. 26, 2020 9:30 AM ET|| About: AbbVie Inc. (ABBV)by: Jonathan WeberJonathan Weber Cash Flow KingdomThe Investment Community where "Cash Flow is King"SummaryAbbVie is seeing success with new drugs.
The company offers an attractive dividend yield and trades at a low valuation.
The business is resilient and has performed in a solid manner during this crisis.
We will be revisiting AbbVie (ABBV) here, showing why we think that shares are attractive at the current price. A low valuation, a relatively resilient business model, and the promising growth rates of new drugs provide for a solid outlook. Adding in a dividend that yields 5.5% makes the stock look... more
Global Partners LP (NYSE: GLP) announced today that the Board of Directors of its general partner, Global GP LLC, has increased its quarterly cash distribution by 4.125 cents to $0.50 per unit ($2.00 per unit on an annualized basis) on all of its outstanding common units for the period from July 1 to September 30, 2020. The distribution will be paid November 13, 2020 to unitholders of record as of the close of business on November 9, 2020.... more