Today, the CFO of Monmouth Real Estate Investment (MNR), Kevin S. Miller, bought shares of MNR for $986.
In addition to Kevin S. Miller, 3 other MNR executives reported Buy trades in the last month.
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Based on Monmouth Real Estate Investment’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $41.78 million and quarterly net profit of $33.46 million. In comparison, last year the company earned revenue of $38.55 million and had a net profit of $1.63 million. The company has a one-year high of $15.53 and a one-year low of $8.42. Currently, Monmouth Real Estate Investment has an average volume of 76.12K.
Based on 4 analyst ratings, the analyst consensus is Hold with an average price target of $14.75, reflecting a -3.1% downside.
The insider sentiment on Monmouth Real Estate Investment has been positive according to 106 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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Monmouth Real Estate Investment Corp. operates as a real estate investment trust. The firm engages in the ownership and management of real estate. It invests in single tenant, industrial buildings leased to investment-grade tenants on long-term net leases. The company was founded by Eugene W. Landy in 1968 and is headquartered in Holmdel, NJ.
