RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

First Real Estate Investment Trust of New Jersey P/E 2024

First Real Estate Investment Trust of New Jersey P/E

141.69

First Real Estate Investment Trust of New Jersey Dividend yield

2.5 %

Ticker

FREVS

ISIN

US3361421049

WKN

A0YG2B

As of Apr 20, 2024, First Real Estate Investment Trust of New Jersey's P/E ratio was 141.69, a 3,708.87% change from the 3.72 P/E ratio recorded in the previous year.

The First Real Estate Investment Trust of New Jersey P/E history

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.

P/E Details

Deciphering First Real Estate Investment Trust of New Jersey's P/E Ratio

The Price to Earnings (P/E) Ratio of First Real Estate Investment Trust of New Jersey is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing First Real Estate Investment Trust of New Jersey's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of First Real Estate Investment Trust of New Jersey is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in First Real Estate Investment Trust of New Jersey’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

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

What is the price-to-earnings ratio of First Real Estate Investment Trust of New Jersey?

The price-earnings ratio of First Real Estate Investment Trust of New Jersey is currently 141.69.

How has the price-earnings ratio of First Real Estate Investment Trust of New Jersey changed compared to last year?

The price-to-earnings ratio of First Real Estate Investment Trust of New Jersey has increased by 3,708.87% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of First Real Estate Investment Trust of New Jersey high compared to other companies?

Yes, the price-to-earnings ratio of First Real Estate Investment Trust of New Jersey is high compared to other companies.

How does an increase in the price-earnings ratio of First Real Estate Investment Trust of New Jersey affect the company?

An increase in the price-earnings ratio of First Real Estate Investment Trust of New Jersey would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of First Real Estate Investment Trust of New Jersey affect the company?

A decrease in the price-earnings ratio of First Real Estate Investment Trust of New Jersey would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of First Real Estate Investment Trust of New Jersey?

Some factors that influence the price-earnings ratio of First Real Estate Investment Trust of New Jersey are the company's growth, financial position, industry development, and the overall economic situation.

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 0.4 USD . This corresponds to a dividend yield of about 2.5 %. For the coming 12 months, First Real Estate Investment Trust of New Jersey is expected to pay a dividend of 0.4 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 2.5 %.

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 September, December, March, June.

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 0.4 USD are expected. This corresponds to a dividend yield of 2.5 %.

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 6/14/2024 amounting to 0.05 USD, you needed to have the stock in your portfolio before the ex-date on 5/31/2024.

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

The last dividend was paid out on 6/14/2024.

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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Andere Kennzahlen von First Real Estate Investment Trust of New Jersey

Our stock analysis for First Real Estate Investment Trust of New Jersey Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of First Real Estate Investment Trust of New Jersey Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.