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Lenders, Service Providers to Benefit: Resurgent Real Estate - Research Report on CBRE Group, Jones Lang LaSalle, Zillow, iStar

Lenders, Service Providers to Benefit: Resurgent Real Estate - Research Report
  on CBRE Group, Jones Lang LaSalle, Zillow, iStar Financial and Two Harbors
                                  Investment

PR Newswire

NEW YORK, March 5, 2013

NEW YORK, March 5, 2013 /PRNewswire/ --

Today, Investors Alliance announced new research reports highlighting CBRE
Group Inc (NYSE:CBG), Jones Lang LaSalle Inc (NYSE:JLL), Zillow Inc
(NASDAQ:Z), iStar Financial Inc. (NYSE:SFI) and Two Harbors Investment Corp
(NYSE:TWO). Today's readers may access these reports free of charge -
including full price targets, industry analysis and analyst ratings - via the
links below.

CBRE Group Inc Research Report

Real estate services provider CBRE saw its shares rise 1.17 percent to $24.17
per share towards the end of February, a continuation of its earlier rally
right after posting robust growth in Q4 2012. The company posted earnings of
55 cents per share or net income of $181.9 million, up 20 percent and 22
percent respectively from 46 cents per share and $149.3 million year over
year. Revenue came in at $2 billion, or 2 percent higher year over year at
$1.8 billion. In comparison, analysts estimated earnings per share of 49 cents
and revenue of $1.87 billion. Management expects earnings for 2013 to come in
at the range of $1.40 to $1.45 per share, optimistic of the improving US and
Chinese economies, as well as the easing of credit-market tensions in Europe.
The Full Research Report on CBRE Group Inc - including full detailed
breakdown, analyst ratings and price targets - is available to download free
of charge at:
[http://www.investors-alliance.com/r/full_research_report/dc3b_CBG]

--

Jones Lang LaSalle Inc Research Report

Jones Lang LaSalle posted year over year growth in its Q4 2012 results,
logging in revenue of $1.25 billion or 8.8 percent higher than the previous
year's Q4 revenue of $1.15 billion, while earnings per share came in at $2.60
up from $2.56 posted in the same period in 2011. In comparison, analysts
expected revenue of $1.21 billion and earnings per share of $2.61. Management
expects growth to continue this year, by securing market share growth,
productivity improvements, and expanding client relationships. It expects full
year 2013 revenue of $4.19 billion and earnings per share of $6.15. Analysts
polled by S&P Capital IQ gave Jones Lang LaSalle an "outperform" rating, with
an average price target of $93.43. The Full Research Report on Jones Lang
LaSalle Inc - including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
[http://www.investors-alliance.com/r/full_research_report/abc8_JLL]

--

Zillow Inc Research Report

Real estate information marketplace Zillow saw its shares grow 5.17 percent to
$42.96 per share at the end of February after the announcement of its new
office in San Francisco, California, which came after acquiring two startups
based in the city, HotPads and RentJuice in 2012. The surge also came after an
earlier boost in share price following the release of Zillow's Q4 and full
year 2012 results. Earnings per share came in at 2 cents per share in Q4,
beating the estimated loss of 6 cents per share, while revenue was at $34.3
million compared to the estimated $31 million. In comparison, earnings and
revenue in Q4 2011 was 3 cents per share and $19.9 million. For the full year,
revenue grew 77 percent year over year at $116.9 million from $66.1 million,
while earnings per share was at 18 cents per share compared to zero earnings
the previous year. The Full Research Report on Zillow Inc - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.investors-alliance.com/r/full_research_report/c295_Z]

--

iStar Financial Inc. Research Report

Real estate lender iStar Financial continues to post losses due to debt
servicing last year, with a net loss of $87.4 million or $1.04 per share,
compared to a loss of $35.2 million or 43 cents per share, a year earlier.
Revenue came in at $93.7 million, but had to pay out $83.5 million in interest
payments on its debt as it hurts on the high rates on the money it borrows,
but cannot charge the rates to the money it lends. However, the company has
been taking steps to address this issue, including the re-pricing of its $1.82
billion senior secured credit facility due October 2017 and the sale of
assets. Earlier this year, iStar received $220 million for its 24 percent
stake in LNR Property LLC, a distressed commercial debt manager. With these,
management believes they can start investing more this year with a stronger
balance sheet and bolstered liquidity. The Full Research iStar Financial Inc.
- including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.investors-alliance.com/r/full_research_report/b47f_SFI]

--

Two Harbors Investment Corp Research Report

Two Harbors Investment reached its 52-week high of $12.86 towards the end of
February thanks to its relatively high dividend yield of 18 percent. Such
companies pay high yields due to regulations that require them to distribute a
large share of taxable income to shareholders in order to preserve their tax
treatment. Two Harbors announced a dividend payout of 55 cents per share, but
has generally paid out 40 cents per share in the past, and has brought in
insider purchases in the past. Meanwhile, the company posted earnings of $84
million or 28 cents per share in Q4 2012, and revenue of $185.4 million. The
Street rates the company as a "buy," citing strengths in revenue, valuation
levels, profit margins, stock price, and net income. The Full Research Report
on Two Harbors Investment Corp - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge at:
[http://www.investors-alliance.com/r/full_research_report/826a_TWO]

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Contact: Patricia Byers
Email: press@investors-alliance.com
Main: +1-480-745-7826

SOURCE Investors-Alliance