Dividend Cut Announcement: Alexandria Real Estate Equities (ARE) has reduced its quarterly cash dividend by nearly half, resulting in a more than 10% drop in its share price, as part of a strategy to strengthen its balance sheet and maintain liquidity.
Impact on REIT Sector: Following Alexandria's decision, Seeking Alpha identified other real estate investment trusts (REITs) with a high likelihood of dividend cuts, highlighting 10 companies with a Dividend Safety grade of F.
Quant Ratings of At-Risk REITs: The identified REITs include Global Net Lease (GNL), Alexander’s (ALX), and Crown Castle (CCI), among others, with varying Quant ratings indicating their investment potential.
Dividend-Focused ETFs: The article also mentions several dividend-focused exchange-traded funds (ETFs) that may be of interest to investors, including VIG, SCHD, and VYM, among others.
Wall Street analysts forecast DVY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DVY is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast DVY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DVY is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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0 Sell
Current: 148.970
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Current: 148.970
Low
Averages
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
