First Real Estate Investment Trust of New Jersey Net Income 2024

First Real Estate Investment Trust of New Jersey Net Income

760,000 USD

First Real Estate Investment Trust of New Jersey Dividend yield

1.18 %

Ticker

FREVS

ISIN

US3361421049

WKN

A0YG2B

In 2024, First Real Estate Investment Trust of New Jersey's profit amounted to 760,000 USD, a -98.35% increase from the 45.99 M USD profit recorded in the previous year.

The First Real Estate Investment Trust of New Jersey Net Income history

YEARNET INCOME (undefined USD)
20230.76
202245.99
20210.93
202020.55
20191.79
20181.48
201713.12
20163.01
20152.63
201411.66
20137.45
201211.35
20115.38
20104.41
20095.55
20086.04
20078.94
20065.16
20054.46
200415.21

First Real Estate Investment Trust of New Jersey Aktienanalyse

What does First Real Estate Investment Trust of New Jersey do?

The First Real Estate Investment Trust of New Jersey (FREIT) was founded in 1961 and is a leading company in the real estate sector in New Jersey. FREIT's business model involves acquiring, developing, and managing properties to generate long-term returns for investors. The company specializes in leasing commercial, industrial, office, and warehouse properties and operates in various industries. FREIT currently owns and manages a variety of properties, including retail properties such as shopping centers, office buildings, and medical facilities. FREIT's REIT structure allows the company to distribute dividends to its investors annually while also benefiting from the tax advantages of this corporate form. Over the years, FREIT has achieved several significant successes, including the acquisition of the Bergen Town Center, one of the largest shopping centers in the New York City area. Investing in this center allowed FREIT to strengthen its position in the retail sector and build a strong balance sheet. Another success is FREIT's portfolio in the medical facilities sector. The company owns and operates multiple healthcare facilities, such as medical practices, clinics, and hospitals. This segment of the real estate market is an important growth market due to increasing demand for medical services and the growing elderly population. FREIT also pursues an aggressive expansion strategy and has acquired several smaller real estate companies in recent years. This allows the company to diversify its portfolio and expand its presence in various industries and regions. The company has also invested in new technologies to increase efficiency and productivity. By implementing IoT (Internet of Things) in some of the properties managed by FREIT, remote monitoring of devices such as air conditioning, lighting, and security systems is automated, resulting in energy savings and reduced operating costs. The success of FREIT is not only based on the company's ability to acquire and develop lucrative properties but also on the professional management and operation of these properties. FREIT has an experienced team of real estate managers who ensure tenant satisfaction and maximize rental income. In summary, the First Real Estate Investment Trust of New Jersey is a leading company in the real estate sector with a proven track record and an aggressive expansion strategy. The company has achieved significant successes in the past and is well-positioned to continue growing and expanding in the future. First Real Estate Investment Trust of New Jersey ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding First Real Estate Investment Trust of New Jersey's Profit Margins

The profit margins of First Real Estate Investment Trust of New Jersey represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of First Real Estate Investment Trust of New Jersey's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating First Real Estate Investment Trust of New Jersey's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

First Real Estate Investment Trust of New Jersey's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When First Real Estate Investment Trust of New Jersey’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about First Real Estate Investment Trust of New Jersey Stock

How much profit has First Real Estate Investment Trust of New Jersey made this year?

First Real Estate Investment Trust of New Jersey has made 760,000 USD this year.

How has the profit developed compared to last year?

The profit has increased by -98.35% compared to last year fallen

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does First Real Estate Investment Trust of New Jersey publish its earnings?

First Real Estate Investment Trust of New Jersey publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of First Real Estate Investment Trust of New Jersey?

The profits of First Real Estate Investment Trust of New Jersey are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of First Real Estate Investment Trust of New Jersey?

You can learn more about the earnings of First Real Estate Investment Trust of New Jersey by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does First Real Estate Investment Trust of New Jersey pay?

Over the past 12 months, First Real Estate Investment Trust of New Jersey paid a dividend of 0.2 USD . This corresponds to a dividend yield of about 1.18 %. For the coming 12 months, First Real Estate Investment Trust of New Jersey is expected to pay a dividend of 0.2 USD.

What is the dividend yield of First Real Estate Investment Trust of New Jersey?

The current dividend yield of First Real Estate Investment Trust of New Jersey is 1.18 %.

When does First Real Estate Investment Trust of New Jersey pay dividends?

First Real Estate Investment Trust of New Jersey pays a quarterly dividend. This is distributed in the months of June, September, December, March.

How secure is the dividend of First Real Estate Investment Trust of New Jersey?

First Real Estate Investment Trust of New Jersey paid dividends every year for the past 3 years.

What is the dividend of First Real Estate Investment Trust of New Jersey?

For the upcoming 12 months, dividends amounting to 0.2 USD are expected. This corresponds to a dividend yield of 1.18 %.

In which sector is First Real Estate Investment Trust of New Jersey located?

First Real Estate Investment Trust of New Jersey is assigned to the 'Real Estate' sector.

Wann musste ich die Aktien von First Real Estate Investment Trust of New Jersey kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of First Real Estate Investment Trust of New Jersey from 3/15/2024 amounting to 0.05 USD, you needed to have the stock in your portfolio before the ex-date on 2/29/2024.

When did First Real Estate Investment Trust of New Jersey pay the last dividend?

The last dividend was paid out on 3/15/2024.

What was the dividend of First Real Estate Investment Trust of New Jersey in the year 2023?

In the year 2023, First Real Estate Investment Trust of New Jersey distributed 9.2 USD as dividends.

In which currency does First Real Estate Investment Trust of New Jersey pay out the dividend?

The dividends of First Real Estate Investment Trust of New Jersey are distributed in USD.

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