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Last $20.25 USD
Change Today 0.00 / 0.00%
Volume 0.0
FREVS On Other Exchanges
Symbol
Exchange
OTC US
As of 8:10 PM 07/27/15 All times are local (Market data is delayed by at least 15 minutes).

first real estate inv tr nj (FREVS) Snapshot

Open
$20.02
Previous Close
$20.25
Day High
$20.25
Day Low
$20.02
52 Week High
03/3/15 - $23.00
52 Week Low
09/22/14 - $18.25
Market Cap
136.2M
Average Volume 10 Days
160.0
EPS TTM
$0.41
Shares Outstanding
6.7M
EX-Date
05/28/15
P/E TM
49.4x
Dividend
$1.20
Dividend Yield
5.93%
Current Stock Chart for FIRST REAL ESTATE INV TR NJ (FREVS)

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first real estate inv tr nj (FREVS) Details

First Real Estate Investment Trust of New Jersey, an equity real estate investment trust, engages in the acquisition, development, construction, and holding of real estate properties in New Jersey, Maryland, and New York. The company’s property portfolio comprises residential apartment communities and commercial properties, which consist of multi and single tenanted properties. As of October 31, 2010, its real estate holdings included 9 apartment buildings or complexes containing 1,075 rentable units; 10 retail and office properties covering approximately 1,265,000 square feet of leasable space comprising 1 tenant store and 2 separate one acre parcels subject to ground leases; and 4 parcels of undeveloped land consisting of approximately 40.37 acres. First Real Estate Investment Trust of New Jersey has elected to be taxed as a REIT. As a REIT, the company is not subject to federal income tax to the extent that it distributes at least 90% of its taxable income to its shareholders. First Real Estate Investment Trust of New Jersey was founded in 1961 and is based in Hackensack, New Jersey.

26 Employees
Last Reported Date: 01/14/15
Founded in 1961

first real estate inv tr nj (FREVS) Top Compensated Officers

Chairman, Chief Executive Officer and Chairma...
Total Annual Compensation: $205.0K
President, Chief Financial Officer, Treasurer...
Total Annual Compensation: $50.0K
Executive Secretary and Secretary
Total Annual Compensation: $30.0K
Compensation as of Fiscal Year 2014.

first real estate inv tr nj (FREVS) Key Developments

First Real Estate Investment Trust of New Jersey Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended April 30, 2015

First Real Estate Investment Trust of New Jersey announced unaudited consolidated earnings results for the second quarter and six months ended April 30, 2015. For the quarter, the company’s total real estate revenues were $11,252,000 compared to $10,632,000 a year ago. Adjusted income from operations was $532,000 or $0.08 per basic and diluted share compared to $792,000 or $0.11 per basic and diluted share a year ago. Net income attributable to common equity was $532,000 or $0.08 per basic and diluted share compared to $833,000 or $0.12 per basic and diluted share a year ago. FFO was $2,088,000 or $0.31 per basic and diluted share compared to $2,271,000 or $0.33 per basic and diluted share a year ago. Adjusted funds from operations was $1,991,000 or $0.29 per basic and diluted share compared to $2,280,000 or $0.33 per basic and diluted share a year ago. For the six months, the company’s total real estate revenues were $22,532,000 compared to $21,204,000 a year ago. Adjusted income from operations was $1,580,000 or $0.23 per basic and diluted share compared to $1,718,000 or $0.25 per basic and diluted share a year ago. Net income attributable to common equity was $1,580,000 or $0.23 per basic and diluted share compared to $10,459,000 or $1.51 per basic and diluted share a year ago. FFO was $4,824,000 or $0.71 per basic and diluted share compared to $4,723,000 or $0.68 per basic and diluted share a year ago. Adjusted funds from operations was $4,719,000 or $0.69 per basic and diluted share compared to $4,674,000 or $0.67 per basic and diluted share a year ago.

First Real Estate Investment Trust of New Jersey Declares Dividend for the Second Quarter of 2015, Payable on June 15, 2015

First Real Estate Investment Trust of New Jersey announced that the second quarter dividend of $0.30 per share will be paid on June 15, 2015 to shareholders of record on June 1, 2015.

First Real Estate Investment Trust of New Jersey Announces First Quarter Dividend Payable on March 16, 2015

First Real Estate Investment Trust of New Jersey announced first quarter dividend of $0.30 per share will be paid on March 16, 2015 to shareholders of record on March 2, 2015.

 

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FREVS

Industry Average

Valuation FREVS Industry Range
Price/Earnings 49.9x
Price/Sales 3.1x
Price/Book 13.2x
Price/Cash Flow 14.5x
TEV/Sales NM Not Meaningful
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