Markets
News
Analysis
User
24/7
Economic Calendar
Education
Data
- Names
- Latest
- Prev
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
A:--
F: --
A:--
F: --
A:--
F: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
A:--
F: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
--
F: --
P: --
A:--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
No matching data
Latest Views
Latest Views
Trending Topics
To quickly learn market dynamics and follow market focuses in 15 min.
In the world of mankind, there will not be a statement without any position, nor a remark without any purpose.
Inflation, exchange rates, and the economy shape the policy decisions of central banks; the attitudes and words of central bank officials also influence the actions of market traders.
Money makes the world go round and currency is a permanent commodity. The forex market is full of surprises and expectations.
Top Columnists
Enjoy exciting activities, right here at FastBull.
The latest breaking news and the global financial events.
I have 5 years of experience in financial analysis, especially in aspects of macro developments and medium and long-term trend judgment. My focus is maily on the developments of the Middle East, emerging markets, coal, wheat and other agricultural products.
BeingTrader chief Trading Coach & Speaker, 8+ years of experience in the forex market trading mainly XAUUSD, EUR/USD, GBP/USD, USD/JPY, and Crude Oil. A confident trader and analyst who aims to explore various opportunities and guide investors in the market. As an analyst I am looking to enhance the trader’s experience by supporting them with sufficient data and signals.
Latest Update
Risk Warning on Trading HK Stocks
Despite Hong Kong's robust legal and regulatory framework, its stock market still faces unique risks and challenges, such as currency fluctuations due to the Hong Kong dollar's peg to the US dollar and the impact of mainland China's policy changes and economic conditions on Hong Kong stocks.
HK Stock Trading Fees and Taxation
Trading costs in the Hong Kong stock market include transaction fees, stamp duty, settlement charges, and currency conversion fees for foreign investors. Additionally, taxes may apply based on local regulations.
HK Non-Essential Consumer Goods Industry
The Hong Kong stock market encompasses non-essential consumption sectors like automotive, education, tourism, catering, and apparel. Of the 643 listed companies, 35% are mainland Chinese, making up 65% of the total market capitalization. Thus, it's heavily influenced by the Chinese economy.
HK Real Estate Industry
In recent years, the real estate and construction sector's share in the Hong Kong stock index has notably decreased. Nevertheless, as of 2022, it retains around 10% market share, covering real estate development, construction engineering, investment, and property management.
Hongkong, China
Ho Chi Minh, Vietnam
Dubai, UAE
Lagos, Nigeria
Cairo, Egypt
White Label
Data API
Web Plug-ins
Affiliate Program
View All
No data
Not Logged In
Log in to access more features
FastBull Membership
Not yet
Purchase
Log In
Sign Up
Hongkong, China
Ho Chi Minh, Vietnam
Dubai, UAE
Lagos, Nigeria
Cairo, Egypt
White Label
Data API
Web Plug-ins
Affiliate Program
Shares of Lamar Advertising LAMR have rallied 22.2% year to date against its industry’s growth of 11%. Its impressive footprint of outdoor advertising assets across the United States and Canada positions it well to ride the growth curve.
An unmatched logo signs business, a diversified tenant base across various sectors and a focus on local businesses assure stable revenues. Efforts to expand the digital platform and technological advancements in the low-cost, out-of-home (OOH) advertising platform also bode well for long-term growth.
Its second-quarter 2024 results reflected a rise in revenues driven by strength in local and regional sales. Apart from revenue growth, continued cost containment efforts helped LAMR achieve nearly 7% adjusted EBITDA growth and 9.5% AFFO per share growth.
Late in August, Lamar announced a 7.7% sequential hike in its quarterly cash dividend. The company will now pay a dividend of $1.40 per share, up from the $1.30 paid out earlier. The increased dividend will be paid out on Sep. 30 to stockholders of record of the company’s Class A common stock and Class B common stock on Sep. 18, 2024.
Analysts also seem bullish on this Zacks Rank #2 (Buy) company. Over the past two months, the Zacks Consensus Estimate for both 2024 and 2025 funds from operations (FFO) per share has moved north.
Estimate Revision
Factors Behind LAMR Stock Price Surge: Will This Trend Last?
Lamar is one of the largest owners and operators of outdoor advertising structures in the United States. It enjoys an impressive national footprint and holds a leading position as a provider of logo signs in the United States. Lamar also sources a significant part of its revenues from local businesses with a diversified base of tenants. This leads to less volatility in revenues. In the second quarter of 2024, local and regional sales accounted for 79% of the company’s billboard revenues. Moreover, local and regional sales reported growth for the 13th consecutive quarter.
Over recent years, Lamar has made concerted efforts to upgrade its portfolio, increasing occupancy in its existing advertising displays and enabling it to enjoy a significant market share in the U.S. outdoor advertising business. The company's increased focus on bolstering its digital capabilities augurs well for long-term growth.
Given the technological advancements and low-cost nature of out-of-home (OOH) advertising, it has been gaining traction in recent years. Lamar’s strategic acquisitions of outdoor advertising assets in its existing and new markets have been fruitful. It completed 36 acquisitions for a total purchase price of $139 million in 2023. During the first half of 2024, LAMR completed multiple acquisitions for a total cash purchase price of around $28.2 million. With such expansion efforts, it is poised to ride the growth curve.
Lamar has enjoyed historical cash flow growth of 8.25% compared with 2.57% of the industry. As of June 30, 2024, Lamar Advertising had a total liquidity of $744.3 million. This REIT’s trailing 12-month return on equity (ROE) highlights its growth potential. Lamar’s ROE is 42.18% compared with the industry’s average of 3.26%. This reflects that the company reinvests more efficiently compared with the industry.
Solid dividend payouts remain the biggest attraction for REIT investors, and Lamar has been committed to the same. In the last five years, the company has raised its dividend eight times. Its five-year annualized dividend growth rate is 16.50%, which is encouraging. Such efforts raise investors’ optimism about the stock. Check Lamar Advertising’s dividend history here.
Other Stocks to Consider
Some other top-ranked stocks from the REIT sector are Crown Castle Inc. CCI and Cousins Properties CUZ, each carrying a Zacks Rank #2 at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Zacks Consensus Estimate for Crown Castle’s current-year FFO per share has moved marginally north in the past two months to $6.97.
The Zacks Consensus Estimate for Cousins Properties’ 2024 FFO per share has been raised marginally over the past week to $2.67.
Note: Anything related to earnings presented in this write-up represents FFO — a widely used metric to gauge the performance of REITs.
Zacks Investment Research
Sept 17 (Reuters) - Cousins Properties Inc CUZ.N:
COUSINS PROPERTIES ANNOUNCES ITS THIRD QUARTER 2024 COMMON STOCK DIVIDEND
Source text for Eikon: (Full Story)
Further company coverage: CUZ.N
Shares of SL Green Realty SLG have risen 38.5% in the past six months compared with the industry's upside of 17.5%.
Last July, SLG reported a second-quarter 2024 FFO per share of $2.05, which outpaced the Zacks Consensus Estimate of $1.62. Results reflected decent leasing activity in its Manhattan portfolio. SL Green also raised its guidance for 2024 FFO per share.
Analysts seem bullish on this Zacks Rank #3 (Hold) company, with the Zacks Consensus Estimate for its 2024 FFO per share revised upward marginally over the past two months to $7.58.
Factors Behind SLG's Stock Price Surge: Will This Trend Last?
SL Green has a mono-market strategy focus with an enviable footprint in the large and high barrier to enter the New York real estate market. The company is well-positioned to benefit from its well-located properties and the ability to offer top-notch amenities at recently developed office buildings.
Despite the negative effects of the remote-working dynamics that have been hindering the U.S. office real estate sector, SL Green signed 38 office leases for its Manhattan office portfolio, encompassing 420,513 square feet during the second quarter of 2024. With an encouraging office leasing pipeline, the company remains well-positioned to navigate any challenging environment.
SL Green maintains a diversified tenant base to hedge the risk associated with dependency on single-industry tenants. Its largest tenants include renowned firms from different industries. As of June 30, 2024, except for Paramount Global, which accounted for 5.4% of the company’s share of annualized cash rent, no other tenant in SLG’s portfolio accounted for more than 5% of its share of annualized cash rent, including its share of joint venture annualized cash rent. With long-term leases to tenants with a strong credit profile, it is well-poised to generate stable rental revenues over the long term.
SL Green has been following an opportunistic investment policy to enhance its overall portfolio quality. This includes divesting its mature and non-core assets, including residential properties, in a tax-efficient manner and using the proceeds to fund development projects and share buybacks. Such match-funding initiatives indicate the company’s prudent capital-management practices and will relieve pressure from its balance sheet.
Key Risks for SLG
The elevated supply of rental units in some of SLG’s markets and competition from developers, owners and operators of office properties and other commercial real estate are likely to weigh on its pricing power. High interest rates and geographic concentration of assets add to the company’s woes.
Stocks to Consider
Some better-ranked stocks from the REIT sector are Lamar Advertising LAMR and Cousins Properties CUZ,each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Zacks Consensus Estimate for Lamar Advertising’s 2024 FFO per share is pegged at $8.09, up 8.30% year over year.
The Zacks Consensus Estimate for Cousins Properties’2024 FFO per share is pegged at $2.66, up 1.53% year over year.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO), a widely used metric to gauge the performance of REITs.
Zacks Investment Research
Reporter Name | Roper Pamela F |
Relationship | EVP, General Counsel |
Type | Sell |
Amount | $205,279 |
SEC Filing | Form 4 |
Pamela F. Roper, EVP and General Counsel of Cousins Properties, sold 7,047 shares of Common Stock on September 12, 2024, at a price of $29.13 per share, totaling $205,279. Following the transaction, Roper directly owns 49,322 shares of Cousins Properties, including 17,929 restricted stock under the 2019 Omnibus Incentive Stock Plan and 30,726 shares held in a joint account with her spouse.
SEC Filing: COUSINS PROPERTIES INC [ CUZ ] - Form 4 - Sep. 16, 2024
White Label
Data API
Web Plug-ins
Poster Maker
Affiliate Program
The risk of loss in trading financial instruments such as stocks, FX, commodities, futures, bonds, ETFs and crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.
No decision to invest should be made without thoroughly conducting due diligence by yourself or consulting with your financial advisors. Our web content might not suit you since we don't know your financial conditions and investment needs. Our financial information might have latency or contain inaccuracy, so you should be fully responsible for any of your trading and investment decisions. The company will not be responsible for your capital loss.
Without getting permission from the website, you are not allowed to copy the website's graphics, texts, or trademarks. Intellectual property rights in the content or data incorporated into this website belong to its providers and exchange merchants.