|Bid||25.04 x 1200|
|Ask||25.85 x 1400|
|Day's Range||25.08 - 25.15|
|52 Week Range||23.94 - 26.59|
|Beta (5Y Monthly)||1.30|
|PE Ratio (TTM)||8.09|
|Forward Dividend & Yield||1.74 (6.76%)|
|Ex-Dividend Date||Aug. 31, 2021|
|1y Target Est||N/A|
Low-priced stocks -- even the ones that didn't start out that way -- could be compelling turnaround stories in 2022.
Since the Great Recession officially came to an end in 2009, growth stocks have been the driving force on Wall Street. Historically low lending rates, massive government spending programs, and a compliant Federal Reserve providing an abundant pool of cheap capital have incentivized fast-paced businesses to hire, innovate, and acquire other companies. History suggests a market correction is coming, though no one can know for certain when it will occur.
It's not that the REIT is a bad company -- it's the larger business model that keeps me away. Here's why.